Unum Earnings Reports

Unum Group reported a substantial decrease in net income for the third quarter of 2025, primarily due to a significant after-tax net reserve increase related to assumption updates. Despite this, core operations showed strength with premium growth and a robust adjusted operating return on equity. The company maintained a strong balance sheet and continued to return capital to shareholders.

Unum Group posted Q2 2025 revenue of $3.36 billion with net income of $335.6 million and adjusted EPS of $2.07. Core operations remained strong, supported by premium growth and reinsurance transactions, but year-over-year profit was down.

Unum Group delivered solid adjusted operating results in Q1 2025 with $365.5 million in adjusted income, despite a drop in GAAP net income driven by investment losses. The company showed steady revenue growth and strengthened its balance sheet.

Unum Group reported a net income of $348.7 million for Q4 2024, with an after-tax adjusted operating income of $368.9 million. The company's results reflect solid growth and sustained margins, supported by a favorable operating environment. Looking ahead to 2025, Unum Group anticipates continued positive business trends.

Unum Group reported a net income of $645.7 million for Q3 2024, compared to $202.0 million for Q3 2023. After-tax adjusted operating income was $398.0 million, compared to $381.7 million for the same period last year. The company's core operations premium growth was 4.6 percent on a constant currency basis. They completed their annual GAAP reserve assumption updates, seeing a before-tax net reserve decrease of $357.4 million.

Unum Group reported a net income of $389.5 million for Q2 2024. The company's core operations premium grew by 5.4 percent on a constant currency basis, and the full-year 2024 outlook for after-tax adjusted operating earnings per share increased to 10 percent to 15 percent. A new share repurchase authorization of $1.0 billion was approved, and $248.8 million was deployed to shareholders through share repurchases and dividends.

Unum Group reported a strong start to 2024 with a net income of $395.2 million and an after-tax adjusted operating income of $409.9 million. The company saw growth in core operations premium and robust margins in group disability, group life and AD&D, and supplemental and voluntary segments. Capital deployment to shareholders increased through share repurchases and a dividend increase.

Unum Group reported net income of $330.6 million for Q4 2023, compared to $289.2 million for Q4 2022. The company saw robust margins and growth momentum, supported by the favorable operating environment. Positive business trends are expected to continue into 2024.

Unum Group reported a net income of $202 million for Q3 2023. The results reflect continued strong execution, positive underlying trends, and a favorable environment, highlighted by robust disability margins and core operations premium growth. The company's capital deployment plans are on track and will accelerate in 2024.

Unum Group reported a strong second quarter in 2023, marked by positive trends in disability products and a favorable operating environment. The company saw a net income of $392.9 million, with after-tax adjusted operating income at $408.8 million. Strong top-line trends with core operations sales growth of 19.5 percent and premium growth of 4.6 percent.

Unum Group reported a net income of $358.3 million, or $1.80 per diluted share, for Q1 2023. After-tax adjusted operating income was $372.6 million, or $1.87 per diluted share. The company increased its full-year 2023 outlook following a strong first quarter.

Unum Group reported a net income of $279.6 million for Q4 2022, compared to $159.7 million for Q4 2021. The results reflect strong operating performance and favorable trends, with growth in after-tax adjusted operating income per diluted common share.

Unum Group reported a net income of $410.7 million for Q3 2022, compared to $328.6 million for Q3 2021. After-tax adjusted operating income was $303.7 million, compared to $210.5 million for the same period last year. The company's results reflect continued strong operating performance, the shift towards endemic COVID impacts, and core business premium trends nearing long-term growth expectations.

Unum Group reported a net income of $370.4 million for Q2 2022, with an after-tax adjusted operating income of $386.6 million. The results reflect improving COVID-19 mortality trends, strong operating performance, and favorable sales in core business segments. The company increased its full-year 2022 outlook, expecting after-tax adjusted operating income per share to grow 40% to 45%.

Unum Group reported a net income of $253.5 million for Q1 2022, compared to $153.0 million in Q1 2021. After-tax adjusted operating income was $277.3 million, compared to $212.0 million in the prior year quarter. The company increased its full-year 2022 outlook, expecting after-tax adjusted operating income per share to grow 15% to 20%.

Unum Group reported a net income of $159.7 million for Q4 2021, compared to $135.4 million for Q4 2020. Adjusted operating income was $182.0 million, compared to $235.3 million in the prior year quarter. The company saw premium growth and favorable investment returns, but claims experience was elevated due to COVID-19.

Unum Group reported a net income of $328.6 million for Q3 2021, compared to $231.1 million for Q3 2020. After-tax adjusted operating income was $210.5 million ($1.03 per diluted common share) in Q3 2021, compared to $245.9 million ($1.21 per diluted common share) in Q3 2020.

Unum Group reported a net income of $182.9 million for the second quarter of 2021. The results reflect an improving trend in mortality, strong returns in the alternative invested asset portfolio, and strengthening macroeconomic conditions. The company increased its full-year 2021 outlook, now expecting after-tax adjusted operating income per share to decline 1% to 3% relative to full-year 2020.

Unum Group reported a net income of $153.0 million for Q1 2021, with an after-tax adjusted operating income of $212.0 million. The results were influenced by elevated mortality and positive trends in premium growth and macroeconomic conditions.

Unum Group reported a net income of $135.4 million for the fourth quarter of 2020. After-tax adjusted operating income was $235.3 million, in line with the prior outlook, despite elevated December COVID-19 related mortality levels. The company signed a Closed Block individual disability reinsurance transaction expected to free $650 million of capital, with $400 million realized in the fourth quarter.

Unum Group reported a solid financial performance for Q3 2020, with net income of $231.1 million and adjusted operating income of $245.9 million, despite challenges from elevated mortality rates and unemployment levels.

Unum Group reported a net income of $265.5 million for the second quarter of 2020. After-tax adjusted operating income was $250.1 million. The company's core business segments experienced 1.7 percent growth in premium income. High mortality was seen in group life, voluntary life, and long-term care due to the current pandemic.

Unum Group reported a net income of $161.0 million, or $0.79 per diluted common share, for Q1 2020. After-tax adjusted operating income was $274.1 million, or $1.35 per diluted common share. The company suspended its financial guidance for the remainder of 2020 due to the uncertain economic environment caused by the COVID-19 pandemic.

Unum Group reported net income of $296.2 million for the fourth quarter of 2019, compared to $249.1 million for the fourth quarter of 2018. After-tax adjusted operating income was $290.7 million, compared to $281.7 million in the fourth quarter of 2018.