Sun Life FinancialPHS:SLF 76 Debt-to-EBITDA is 2.63 as of Mar. 2026, which is 9% above its 10-year median of 2.41. GuruFocus rates PHS:SLF with a GF Score™ of 76/100 and a GF Value™ of ₱3,673.51 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 322 Insurance companies, Sun Life Financial ranks worse than 64.29% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Sun Life Financial's Debt-to-EBITDA or its related term are showing as below:
PHS:SLF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.13 Med: 2.41 Max: 3.53
Current: 1.77
During the past 13 years, the highest Debt-to-EBITDA Ratio of Sun Life Financial was 3.53. The lowest was 1.13. And the median was 2.41.
PHS:SLF's Debt-to-EBITDA is ranked worse than 64.29% of 322
companies
in the Insurance industry
Industry Median: 1.185
vs PHS:SLF: 1.77
Sun Life Financial (PHS:SLF) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Sun Life Financial Debt-to-EBITDA Related Terms
Sun Life Financial Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Sun Life Financial's Debt-to-EBITDA 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.
PHS:SLF vs BRK.A, AIG, HIG: Debt-to-EBITDA Comparison
For the Insurance - Diversified subindustry, Sun Life Financial's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, Sun Life Financial's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Sun Life Financial's Debt-to-EBITDA falls into.
* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Sun Life Financial (PHS:SLF) has a Debt-to-EBITDA of 2.63 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Sun Life Financial. This is near median its historical median of 2.41. Over the past decade, Sun Life Financial's Debt-to-EBITDA has ranged from 1.13 to 3.53. According to the industry distribution chart, Sun Life Financial ranks #207 out of 322 companies in the Insurance industry, placing it in the top 64.3%.
Is Sun Life Financial's Debt-to-EBITDA too high?
Sun Life Financial's current Debt-to-EBITDA of 2.63 is near median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 3.53. The Insurance industry median Debt-to-EBITDA is 1.19. Sun Life Financial's value of 2.63 is 121.9% above this industry median. Based on the distribution chart, Sun Life Financial ranks #207 out of 322 companies in the Insurance industry, which is below the industry midpoint. Overall, Sun Life Financial has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Life Financial's Debt-to-EBITDA compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Sun Life Financial ranks #207 out of 322 companies for Debt-to-EBITDA. This places Sun Life Financial in the lower half of its industry. The industry median Debt-to-EBITDA is 1.19. Sun Life Financial's value of 2.63 is 121.9% above this benchmark. Historically, Sun Life Financial's own Debt-to-EBITDA has ranged from 1.13 to 3.53 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 1.19, Sun Life Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Insurance company?
The median Debt-to-EBITDA among Insurance companies is 1.19, based on 322 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sun Life Financial's current Debt-to-EBITDA of 2.63 is 121.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Sun Life Financial. For the Insurance industry, the median Debt-to-EBITDA is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Life Financial's current Debt-to-EBITDA is 2.63, which is near median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Life Financial stock overvalued right now?
Based on GuruFocus' analysis, Sun Life Financial (PHS:SLF) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱3,673.51, compared to a current price of ₱4,750.00 — trading 29.3% above its estimated fair value. The current Debt-to-EBITDA is 2.63, which is near median its 10-year median of 2.41 and 121.9% above the Insurance industry median of 1.19. Sun Life Financial's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Sun Life Financial (PHS:SLF), the current Debt-to-EBITDA is 2.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sun Life Financial (PHS:SLF) Overvalued in 2026?
Based on GuruFocus' analysis, Sun Life Financial stock appears to be overvalued.
The current stock price of ₱4,750.00 is trading 29.3% above its estimated GF Value™ of ₱3,673.51.
GuruFocus considers Sun Life Financial to be Modestly Overvalued.
Key valuation signals for PHS:SLF:
Debt-to-EBITDA: 2.63 (near median its 10-year median of 2.41)
GF Value™: ₱3,673.51 vs. price of ₱4,750.00 (29.3% above fair value)
Industry Position: 121.9% above the Insurance median (#207 of 322)
No single metric tells the full story. See the PHS:SLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun Life Financial is one of the Big Three Canadian life insurers. The Canadian business contributed around 35% of its 2025 adjusted earnings. In that segment, the firm provides health, life insurance, and annuity products to individual and group customers. Its US business is mostly group health and contributed about 17% of the firm's adjusted earnings in 2025. Sun Life also offers life insurance and wealth products in several Asian markets with a strong presence in Hong Kong and the Philippines. The Asia segment contributed around 18% of adjusted 2024 earnings. Its asset management business had around CAD 1.2 trillion total assets under management or administration at the end of 2025 and represents around 30% of the firm's earnings.
76GF Score
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