StockCV
Unum Group logo

Unum Group

Accident & Health Insurance

$91.67
-1.05%
Market cap $14.5B

Unum Group is a provider of group and individual income protection insurance products in the United States, the United Kingdom, Poland, and other countries. It is the domestic disability insurer, with the majority of premiums generated from employer plans.

It is a $14.5B financial services company. Revenue grew 3.4% over the last year, and it keeps 5¢ of every dollar of sales as profit. It trades at 20.7× earnings — near the highest of its own history.

Website
unum.com
Location
Chattanooga, TN
Employees
10 910
Sector
Financial Services
Founded
1887

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation57Growth37Profitability35Health38Quality77Moat37

Strong quality; Growth, Profitability, Health and Moat lag behind.

Valuation57
  • P/E vs own history98th pct · 0/25
  • FCF yield4.8% · 12/25
  • P/S1.1x · 25/25
  • EV/EBITDA14.3x · 20/25
Growth37
  • Revenue CAGR2.1% · 6/25
  • Net income CAGR-2.7% · 0/25
  • EPS CAGR ~5Y1.9% · 6/25
  • Fwd implied growth104.3% · 25/25
Profitability35
  • ROIC6.2% · 5/25
  • ROE6.4% · 5/25
  • Net margin5.3% · 13/25
  • Operating margin8.4% · 12/25
Health38
  • Altman Zn/a · 0/25
  • Current ration/a · 0/25
  • Interest coverage5.5x · 18/25
  • Net cash / debtD/A 1% · 20/25
Quality77
  • Piotroski F4/9 · 10/25
  • Beneish M-2.38 · 20/25
  • FCF conversion99% · 22/25
  • Margin stabilityσ 3.6% · 25/25
Moat37
  • ROIC >12% years1/5 yrs · 0/25
  • Median gross marginn/a · 0/25
  • FCF-positive years10/10 yrs · 25/25
  • Worst-year net marginworst 4.5% · 12/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. FY2024Financial
    Best year on record
    $1.78B net income
  2. 2018Milestone
    Unum was the third-largest disability insurer in the United States
  3. FY2016Financial
    Profitable every year on record
    10 consecutive profitable years in our data
  4. FY2016Financial
    Revenue already above $10B
    $11.0B in first reported year
  5. FY2016Financial
    Positive free cash flow every year since
    10-year streak
  6. 2007Milestone
    UnumProvident was renamed Unum
  7. 2001Acquisition
    Unum stated that "only 2% of the policyholders who filed a claim with the company last year [2001] were found not to…
  8. 1999Acquisition
    Unum Group was created by the 1999 merger of Unum Corporation and The Provident Companies and comprises four…
  9. 1993Acquisition
    Unum acquired the Colonial Companies, parent company of Colonial Life & Accident Insurance Company
  10. 1990Acquisition
    Unum acquired National Employers Life Assurance Holdings
  11. 1986Milestone
    Union Mutual became the first major mutual insurance company to demutualize in 1986
  12. 1940Acquisition
    The company acquired most of Massachusetts Accident Company's health and accident insurance business
  13. 1892Acquisition
    Thomas Maclellan and John McMaster purchased a 50% stake in the company for $1000
  14. 1887Founded
    The Provident companies was founded in Chattanooga, Tennessee in May 1887 as Mutual Medical Aid and Accident…

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$35 150 today — price return only
$13.1B revenue in FY2025
Profitable 10 years in a row
Positive free cash flow 10 years in a row
10 910 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • Interest covered 5.5× by operating earnings

Watch-outs

Nothing stands out as a concern in the available data.

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 11 checks passed
  • Revenue growing+3.4% YoY
  • Profitable$703M TTM
  • Profit growing-15.0% YoY
  • Generates cash$693M TTM
  • Debt under control~1.1y of cash flow to repay
  • Established company$14.5B market cap
  • Not printing shares-15.2% shares over ~5y
  • Proven track record10/10 profitable years
  • Financially stablehealth score 18/100
  • Pays a dividendyield 2.12%
  • Valuation not extremeP/E 20.7
Peer comparisonUnum Group vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
UNM this company$14.5B20.7+3.4%5.3%Strained
BRK.A Berkshire Hathaway Inc.$1.1T11.6+3.9%22.3%Mixed
BRK.B Berkshire Hathaway$1.1T11.6+0.0%18.0%Strong
JPM JPMorgan Chase & Co.$886.2B13.6+13.5%32.6%Strained
V VISA Inc.$723.9B31.9+14.4%50.8%Solid
MA Mastercard Incorporated$516.4B31.7+16.0%46.3%Mixed
BAC Bank of America Corporation$380.4B11.3+15.9%27.8%Mixed

Head-to-head: UNM vs BRK.A · UNM vs BRK.B · UNM vs JPM

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 5Buy 8Hold 5

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of UNM on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $91.67 · market cap $14.5B.