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Unum Group ROE %

: 14.58% (As of Jun. 2022)
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ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. Unum Group's annualized net income attributable to common stockholders for the quarter that ended in Jun. 2022 was $1,482 Mil. Unum Group's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $10,164 Mil. Therefore, Unum Group's annualized ROE % for the quarter that ended in Jun. 2022 was 14.58%.

The historical rank and industry rank for Unum Group's ROE % or its related term are showing as below:

UNM' s ROE % Range Over the Past 10 Years
Min: 4.68   Med: 9.95   Max: 11.84
Current: 10.33

During the past 13 years, Unum Group's highest ROE % was 11.84%. The lowest was 4.68%. And the median was 9.95%.

UNM's ROE % is ranked better than
59.28% of 501 companies
in the Insurance industry
Industry Median: 7.98 vs UNM: 10.33

Unum Group ROE % Historical Data

The historical data trend for Unum Group's ROE % 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.

Unum Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.72 5.75 11.84 7.61 7.40

Unum Group Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.80 11.91 5.67 9.20 14.58

Competitive Comparison

For the Insurance - Life subindustry, Unum Group's ROE %, along with its competitors' market caps and ROE % 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.

   

Unum Group ROE % Distribution

For the Insurance industry and Financial Services sector, Unum Group's ROE % distribution charts can be found below:

* The bar in red indicates where Unum Group's ROE % falls into.



Unum Group ROE % Calculation

Unum Group's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=824.2/( (10871+11416.4)/ 2 )
=824.2/11143.7
=7.40 %

Unum Group's annualized ROE % for the quarter that ended in Jun. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Jun. 2022 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Jun. 2022 ))/ count )
=1481.6/( (10623.1+9705.1)/ 2 )
=1481.6/10164.1
=14.58 %

* 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.

In the calculation of annual ROE %, the net income attributable to common stockholders of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income attributable to common stockholders data used here is four times the quarterly (Jun. 2022) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Unum Group  (NYSE:UNM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=1481.6/10164.1
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1481.6 / 12163.6)*(12163.6 / 64796.4)*(64796.4 / 10164.1)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.18 %*0.1877*6.375
=ROA %*Equity Multiplier
=2.29 %*6.375
=14.58 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=1481.6/10164.1
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (1481.6 / 1772.4) * (1772.4 / 0) * (0 / 12163.6) * (12163.6 / 64796.4) * (64796.4 / 10164.1)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8359 * N/A * 0 % * 0.1877 * 6.375
=14.58 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Jun. 2022) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Jun. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Unum Group ROE % Related Terms

Thank you for viewing the detailed overview of Unum Group's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Unum Group Business Description

Unum Group logo
Traded in Other Exchanges
Address
1 Fountain Square, Chattanooga, TN, USA, 37402
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 largest domestic disability insurer, with the majority of premiums generated from employer plans. The company also offers a complementary portfolio of other insurance products, including long-term care insurance, life insurance, and employer- and employee-paid group benefits. It has the following operating business segments: Unum US, Unum International, and Colonial Life. The majority of the revenue is earned from the Unum US segment. The firm markets its products primarily through brokers.
Executives
King Gale V. director 123 SOUTH FRONT STREET MEMPHIS TN 38103
Till Mark Paul officer: EVP & CEO Designate, Unum Intl 1 FOUNTAIN SQUARE LAW DEPARTMENT (E7N200) CHATTANOOGA TN 37402
Pashley Cherie officer: SVP, Chief Accounting Officer 1 FOUNTAIN SQUARE LAW DEPT. 7N200 CHATTANOOGA TN 37402
Pyne Christopher W officer: EVP, Group Benefits 1 FOUNTAIN SQUARE LAW DEPT. (7N200) CHATTANOOGA TN 37402
Leiper Martha officer: EVP, Chief Investment Officer 9800 FREDERICKSBURG ROAD SAN ANTONIO TX 78288
Zabel Steven Andrew officer: EVP & Chief Financial Officer 1 FOUNTAIN SQUARE LAW DEPT. (7N200) CHATTANOOGA TN 37402
Keaney Timothy F director 1 FOUNTAIN SQUARE LAW DEPT. 7S730 CHATTANOOGA TN 37402
Devore Susan D. director C/O PREMIER, INC. 13034 BALLANTYNE CORPORATE PLACE CHARLOTTE NC 28277
Egan Cynthia director 7117 BELLONA AVENUE BALTIMORE MD 21212
Bunting Theodore H Jr director P. O. BOX 61000 NEW ORLEANS LA 70161
Shammo Francis director 1 FOUNTAIN SQUARE CHATTANOOGA TN 37402
Echevarria Joseph director 225 LIBERTY STREET NEW YORK NY 10286
O Hanley Ronald P director C/O UNUM GROUP, 1 FOUNTAIN SQUARE LAW DEPT. 7S730 CHATTANOOGA TN 37402
Bhasin Puneet officer: Chief Info & Digital Officer 1001 FANNIN, SUITE 4000 HOUSTON TX 77002
Cross Susan Lee director XL HOUSE ONE BERMUDIANA ROAD HAMILTON D0 HM 11

Unum Group Headlines

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