Unum Group (UNM) Stock

Unum Group (UNM) is a Healthcare stock trading at $89.41 (as of 2026-08-24), with a market capitalization of $14.29B and a trailing P/E of 20.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily 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, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products. It also provides group pension, individual life and corporate-owned life insurance, reinsurance pools and management operations, and other products. The company sells its products primarily to employers for the benefit of employees. Unum Group sells its products through field sales personnel, independent brokers, consultants, and independent contractor agency sales force. The company was founded in 1848 and is based in Chattanooga, Tennessee.

Understand Unum Group: how it makes money

Unum Group provides financial protection benefit insurance, mainly disability and life-related coverage (plus supplemental voluntary benefits), sold through group and individual arrangements, and it makes money primarily through premium income from those insurance products.

Profitability is structurally driven by how premium income from its disability, life, and related protection products translates into returns after benefit payments and operating costs, with segment mix (Unum US, Colonial Life, Unum International) and the Closed Block influencing the overall result.

Revenue by segment (latest quarter)
Unum US$1.8B
Colonial Life$0.5B
Unum International$0.3B
Closed Block$0.9B

Business quality (Weak): Segment revenue inputs are available for premium income in Unum US, Colonial Life, and Unum International, but Closed Block segment revenue is not explicitly provided in the inputs, so the Closed Block figure is the arithmetic residual needed to reconcile to total revenue.

Valuation: At 18× earnings, UNM trades 44% above the Insurance average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Product breadth within protection benefits: Unum offers group long-term and short-term disability, group life, and accidental death and dismemberment products, plus supplemental and voluntary benefits like individual disability and dental and vision.
  • Meaningful scale in its core U.S. segment: Unum US premium income is the largest segment figure provided (1.8B), which can provide a stable base for overall performance.
  • Overall profitability is positive in the latest period: For the period ending 2026-03-31, operating margin is 9.0%.

Bear case

  • Closed Block shows an adjusted operating loss: The input set indicates a segment adjusted operating loss for the Closed Block (0.15B), which can weigh on consolidated results.
  • U.S. and disability and life mix concentration: The company’s business is primarily in the United States, with disability and life-related protection products at the center of its offering.
  • Segment revenue reconciliation depends on limited inputs: The provided segment revenue breakdown is based on premium income for three segments, and the Closed Block segment revenue is derived as a residual, which reduces transparency versus a fully itemized segment revenue disclosure.
Valuation — source: SEC EDGAR (first-party)
Price$89.41
Market Cap$14.29B
P/E Ratio20.3
EV / EBITDA13.4
Price / Sales1.07
FCF Yield4.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$13.08B
Net Margin5.6%
Revenue Growth (YoY)0.3%
EPS Growth (YoY)-16.6%
FCF Growth (YoY)48.2%
Valuation vs Sector & Industry
Stock P/E20.3
Sector P/E (Healthcare)21.7
Industry P/E (Insurance)13.1
vs Sector-6.3%
vs Industry55.6%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.41B)
Institutional Holders Tracked10
Congressional Trades (recent)7
Company
SectorHealthcare
IndustryInsurance
CEORichard Paul McKenney
Employees10,833
CountryUS
IPO Date1986-11-06

Related Companies (Insurance; 8 comparable insurers)

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  • Corebridge Financial, Inc. (CRBG)
  • Voya Financial, Inc. (VOYA)
  • Assurant, Inc. (AIZ)
  • Genworth Financial, Inc. (GNW)
UNM earnings history · UNM institutional & insider holders · UNM KPIs & operating metrics · UNM financials · UNM investor presentations & press releases · UNM SEC filings · UNM peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.