Unum Group (UNM) - Net Assets
Based on the latest financial reports, Unum Group (UNM) has net assets worth $10.89 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($62.71 Billion) and total liabilities ($51.82 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Unum Group asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.89 Billion |
| % of Total Assets | 17.37% |
| Annual Growth Rate | 0.48% |
| 5-Year Change | -2.6% |
| 10-Year Change | 23.99% |
| Growth Volatility | 24.37 |
Unum Group - Net Assets Trend (1990–2025)
This chart illustrates how Unum Group's net assets have evolved over time, based on quarterly financial data. Check Unum Group (UNM) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Unum Group (1990–2025)
The table below shows the annual net assets of Unum Group from 1990 to 2025. For live valuation and market cap data, see Unum Group stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $11.12 Billion | +1.44% |
| 2024-12-31 | $10.96 Billion | +13.57% |
| 2023-12-31 | $9.65 Billion | +10.49% |
| 2022-12-31 | $8.73 Billion | -23.49% |
| 2021-12-31 | $11.42 Billion | +5.02% |
| 2020-12-31 | $10.87 Billion | +9.09% |
| 2019-12-31 | $9.96 Billion | +15.58% |
| 2018-12-31 | $8.62 Billion | -9.95% |
| 2017-12-31 | $9.57 Billion | +6.77% |
| 2016-12-31 | $8.97 Billion | +3.51% |
| 2015-12-31 | $8.66 Billion | +1.67% |
| 2014-12-31 | $8.52 Billion | -1.58% |
| 2013-12-31 | $8.66 Billion | +0.54% |
| 2012-12-31 | $8.61 Billion | +5.42% |
| 2011-12-31 | $8.17 Billion | -8.66% |
| 2010-12-31 | $8.94 Billion | +0.00% |
| 2010-11-19 | $8.94 Billion | +5.22% |
| 2009-12-31 | $8.50 Billion | +32.86% |
| 2008-12-31 | $6.40 Billion | -20.42% |
| 2007-12-31 | $8.04 Billion | +4.16% |
| 2006-12-31 | $7.72 Billion | +4.82% |
| 2005-12-31 | $7.36 Billion | +1.94% |
| 2004-12-31 | $7.22 Billion | -0.65% |
| 2003-12-31 | $7.27 Billion | +1.79% |
| 2002-12-31 | $7.14 Billion | +14.48% |
| 2001-12-31 | $6.24 Billion | +6.20% |
| 2000-12-31 | $5.88 Billion | +11.23% |
| 1999-12-31 | $5.28 Billion | +54.97% |
| 1998-12-31 | $3.41 Billion | +3.94% |
| 1997-12-31 | $3.28 Billion | +88.62% |
| 1996-12-31 | $1.74 Billion | -87.76% |
| 1995-12-31 | $14.20 Billion | +11.86% |
| 1994-12-31 | $12.70 Billion | +4.10% |
| 1993-12-31 | $12.20 Billion | +10.54% |
| 1992-12-31 | $11.04 Billion | +5.37% |
| 1991-12-31 | $10.47 Billion | +11.44% |
| 1990-12-31 | $9.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Unum Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 14945.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $13.35 Billion | 120.02% |
| Common Stock | $19.60 Million | 0.18% |
| Other Comprehensive Income | $-1.81 Billion | -16.26% |
| Total Equity | $11.12 Billion | 100.00% |
Unum Group Competitors by Market Cap
The table below lists competitors of Unum Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lincoln Electric Holdings Inc
NASDAQ:LECO
|
$13.78 Billion |
|
Meritz Financi
KO:138040
|
$13.78 Billion |
|
Bank of Baroda
NSE:BANKBARODA
|
$13.78 Billion |
|
Coca-Cola Consolidated Inc.
NASDAQ:COKE
|
$13.80 Billion |
|
Xian LONGi Silicon Materials Corp
SHG:601012
|
$13.77 Billion |
|
Nexchip Semiconductor Corp. A
SHG:688249
|
$13.75 Billion |
|
Shandong Gold Mining Co Ltd
SHG:600547
|
$13.72 Billion |
|
Punjab National Bank
NSE:PNB
|
$13.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Unum Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,961,100,000 to 11,119,100,000, a change of 158,000,000 (1.4%).
- Net income of 738,500,000 contributed positively to equity growth.
- Dividend payments of 306,200,000 reduced retained earnings.
- Share repurchases of 1,010,300,000 reduced equity.
- New share issuances of 5,100,000 increased equity.
- Other comprehensive income increased equity by 715,200,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $738.50 Million | +6.64% |
| Dividends Paid | $306.20 Million | -2.75% |
| Share Repurchases | $1.01 Billion | -9.09% |
| Share Issuances | $5.10 Million | +0.05% |
| Other Comprehensive Income | $715.20 Million | +6.43% |
| Other Changes | $15.70 Million | +0.14% |
| Total Change | $- | 1.44% |
Book Value vs Market Value Analysis
This analysis compares Unum Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 156.86x to 1.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.55 | $86.22 | x |
| 1986-12-31 | $6.62 | $86.22 | x |
| 1987-12-31 | $6.89 | $86.22 | x |
| 1988-12-31 | $7.57 | $86.22 | x |
| 1989-12-31 | $7.57 | $86.22 | x |
| 1990-12-31 | $9.01 | $86.22 | x |
| 1991-12-31 | $11.02 | $86.22 | x |
| 1992-12-31 | $12.54 | $86.22 | x |
| 1993-12-31 | $13.18 | $86.22 | x |
| 1994-12-31 | $12.88 | $86.22 | x |
| 1995-12-31 | $15.73 | $86.22 | x |
| 1996-12-31 | $11.76 | $86.22 | x |
| 1997-12-31 | $22.86 | $86.22 | x |
| 1998-12-31 | $24.13 | $86.22 | x |
| 1999-12-31 | $20.97 | $86.22 | x |
| 2000-12-31 | $22.97 | $86.22 | x |
| 2001-12-31 | $24.26 | $86.22 | x |
| 2002-12-31 | $28.11 | $86.22 | x |
| 2003-12-31 | $27.82 | $86.22 | x |
| 2004-12-31 | $24.56 | $86.22 | x |
| 2005-12-31 | $23.51 | $86.22 | x |
| 2006-12-31 | $23.10 | $86.22 | x |
| 2007-12-31 | $22.60 | $86.22 | x |
| 2008-12-31 | $18.73 | $86.22 | x |
| 2009-12-31 | $25.59 | $86.22 | x |
| 2010-12-31 | $27.33 | $86.22 | x |
| 2011-12-31 | $26.91 | $86.22 | x |
| 2012-12-31 | $30.57 | $86.22 | x |
| 2013-12-31 | $32.57 | $86.22 | x |
| 2014-12-31 | $33.27 | $86.22 | x |
| 2015-12-31 | $34.95 | $86.22 | x |
| 2016-12-31 | $38.00 | $86.22 | x |
| 2017-12-31 | $42.12 | $86.22 | x |
| 2018-12-31 | $39.17 | $86.22 | x |
| 2019-12-31 | $47.49 | $86.22 | x |
| 2020-12-31 | $53.35 | $86.22 | x |
| 2021-12-31 | $55.73 | $86.22 | x |
| 2022-12-31 | $43.22 | $86.22 | x |
| 2023-12-31 | $48.84 | $86.22 | x |
| 2024-12-31 | $58.28 | $86.22 | x |
| 2025-12-31 | $64.30 | $86.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unum Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.66%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 5.76x
- Recent ROE (6.64%) is below the historical average (12.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 123.71% | 6.56% | 0.31x | 59.86x | $107.91 Million |
| 1986 | 7.55% | 4.78% | 0.30x | 5.19x | $-32.76 Million |
| 1987 | 6.38% | 4.05% | 0.28x | 5.54x | $-48.12 Million |
| 1988 | 9.91% | 6.12% | 0.27x | 5.98x | $-1.21 Million |
| 1989 | 12.81% | 8.03% | 0.23x | 7.05x | $34.07 Million |
| 1990 | 14.98% | 8.53% | 0.23x | 7.69x | $61.53 Million |
| 1991 | 13.97% | 8.47% | 0.23x | 7.27x | $58.25 Million |
| 1992 | 14.75% | 9.42% | 0.24x | 6.65x | $80.15 Million |
| 1993 | 14.26% | 8.83% | 0.27x | 5.91x | $89.63 Million |
| 1994 | 8.08% | 4.27% | 0.28x | 6.85x | $-36.84 Million |
| 1995 | 12.21% | 6.82% | 0.28x | 6.42x | $50.81 Million |
| 1996 | 13.69% | 5.85% | 0.27x | 8.62x | $64.14 Million |
| 1997 | 18.83% | 8.04% | 0.33x | 7.07x | $289.67 Million |
| 1998 | 18.11% | 7.25% | 0.37x | 6.77x | $276.55 Million |
| 1999 | -3.67% | -1.96% | 0.24x | 7.72x | $-681.12 Million |
| 2000 | 9.67% | 5.94% | 0.22x | 7.24x | $-18.65 Million |
| 2001 | 9.11% | 6.01% | 0.21x | 7.15x | $-52.79 Million |
| 2002 | 5.86% | 4.42% | 0.20x | 6.61x | $-283.12 Million |
| 2003 | -5.31% | -3.94% | 0.20x | 6.84x | $-1.11 Billion |
| 2004 | -3.50% | -2.42% | 0.21x | 7.04x | $-975.41 Million |
| 2005 | 6.97% | 4.92% | 0.20x | 7.08x | $-222.79 Million |
| 2006 | 5.32% | 3.90% | 0.20x | 6.88x | $-360.88 Million |
| 2007 | 8.45% | 6.46% | 0.20x | 6.54x | $-124.69 Million |
| 2008 | 8.65% | 5.54% | 0.20x | 7.72x | $-86.59 Million |
| 2009 | 10.03% | 8.45% | 0.18x | 6.48x | $2.59 Million |
| 2010 | 9.91% | 8.69% | 0.18x | 6.41x | $-8.30 Million |
| 2010 | 9.82% | 8.62% | 0.18x | 6.46x | $-15.74 Million |
| 2011 | 3.48% | 2.77% | 0.17x | 7.37x | $-532.77 Million |
| 2012 | 10.38% | 8.51% | 0.17x | 7.31x | $33.14 Million |
| 2013 | 9.78% | 8.17% | 0.17x | 7.01x | $-18.91 Million |
| 2014 | 4.72% | 3.82% | 0.16x | 7.58x | $-450.09 Million |
| 2015 | 10.01% | 8.08% | 0.17x | 7.14x | $710.00K |
| 2016 | 10.39% | 8.43% | 0.17x | 7.09x | $34.60 Million |
| 2017 | 10.38% | 8.81% | 0.17x | 6.80x | $36.71 Million |
| 2018 | 6.07% | 4.51% | 0.19x | 7.26x | $-338.78 Million |
| 2019 | 11.04% | 9.17% | 0.18x | 6.86x | $103.80 Million |
| 2020 | 7.29% | 6.03% | 0.19x | 6.50x | $-294.10 Million |
| 2021 | 8.59% | 8.29% | 0.17x | 6.14x | $-160.64 Million |
| 2022 | 16.11% | 11.85% | 0.19x | 7.04x | $533.70 Million |
| 2023 | 13.30% | 10.43% | 0.19x | 6.55x | $318.66 Million |
| 2024 | 16.23% | 13.91% | 0.21x | 5.69x | $682.99 Million |
| 2025 | 6.64% | 5.66% | 0.20x | 5.76x | $-373.41 Million |
Industry Comparison
This section compares Unum Group's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $4,233,664,707
- Average return on equity (ROE) among peers: 21.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unum Group (UNM) | $10.89 Billion | 123.71% | 4.76x | $13.78 Billion |
| Atlantic American Corporation (AAME) | $78.95 Million | 13.82% | 3.45x | $32.02 Million |
| Abacus Life Inc. (ABL) | $28.15 Million | -0.19% | 1.10x | $827.97 Million |
| Abacus Global Management, Inc. (ABX) | $28.15 Million | 112.55% | 1.10x | $81.99K |
| Abacus Global Management, Inc. (ABX) | $423.29 Million | -5.66% | 1.07x | $857.55 Million |
| Aflac Incorporated (AFL) | $24.36 Billion | 17.94% | 4.63x | $58.84 Billion |
| Brighthouse Financial Inc (BHF) | $5.02 Billion | 7.72% | 46.48x | $3.62 Billion |
| Citizens Inc (CIA) | $234.99 Million | 6.21% | 6.47x | $244.68 Million |
| CNO Financial Group Inc (CNO) | $5.03 Billion | 6.67% | 5.62x | $4.94 Billion |
| F&G Annuities & Life Inc. (FG) | $1.82 Billion | 34.97% | 29.33x | $3.72 Billion |
| Globe Life Inc (GL) | $5.31 Billion | 20.18% | 4.48x | $12.82 Billion |
About Unum Group
Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and Poland. It operates through Unum US, Unum International, Colonial Life, and Closed Block segments. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, su… Read more