Sun Life Financial (Sun Life Financial) Net Margin %

: 4.44% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Sun Life Financial's Net Income for the three months ended in Dec. 2023 was $616 Mil. Sun Life Financial's Revenue for the three months ended in Dec. 2023 was $13,880 Mil. Therefore, Sun Life Financial's net margin for the quarter that ended in Dec. 2023 was 4.44%.

The historical rank and industry rank for Sun Life Financial's Net Margin % or its related term are showing as below:

SLF' s Net Margin % Range Over the Past 10 Years
Min: -73.11 Med: 9.19 Max: 12.24
Current: 10.21

SLF's Net Margin % is ranked better than
63.17% of 486 companies
in the Insurance industry
Industry Median: 7.325 vs SLF: 10.21

Sun Life Financial Net Margin % Historical Data

The historical data trend for Sun Life Financial's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sun Life Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

7.42

6.42

12.24

-73.11

10.24

Sun Life Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																335.92	10.23	13.11	609.87	4.44

Competitive Comparison

For the Insurance - Diversified subindustry, Sun Life Financial's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sun Life Financial Net Margin % Distribution

For the Insurance industry and Financial Services sector, Sun Life Financial's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sun Life Financial's Net Margin % falls into.

Sun Life Financial Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sun Life Financial's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	2491.801	/	24341.085
	=	10.24 %

Sun Life Financial's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	615.683	/	13879.696
	=	4.44 %

Sun Life Financial (NYSE:SLF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Sun Life Financial Net Margin % Related Terms

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Sun Life Financial (Sun Life Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sun Life Financial Inc (NYSE:SLF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

SUNFF.PFD:USA SLF:Philippines LIE:Germany LIE:Germany SLF.PR.K.PFD:Canada SLF.PR.J.PFD:Canada SLF.PR.H.PFD:Canada SLF.PR.G.PFD:Canada SLF.PR.E.PFD:Canada SLF.PR.D.PFD:Canada SLF.PR.C.PFD:Canada SLF:Canada

Address

1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6

Website

https://www.sunlife.com

Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.