Unum Historical Income Statement

UNMA Stock  USD 25.01  0.05  0.20%   
Historical analysis of Unum income statement accounts such as Total Revenue of 8.6 B, Gross Profit of 8.4 B, Other Operating Expenses of 1.1 B or Operating Income of 11.8 B can show how well Unum Group performed in making a profits. Evaluating Unum income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Unum's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Unum Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Unum Group is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unum Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Unum Income Statement Analysis

Unum Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Unum shareholders. The income statement also shows Unum investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Unum Income Statement Chart

At present, Unum's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 1.7 B, whereas Total Revenue is forecasted to decline to about 8.6 B.

Total Revenue

Total revenue comprises all receipts Unum Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Unum Group minus its cost of goods sold. It is profit before Unum operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Unum Group. It is also known as Unum overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Unum Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Unum Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Unum's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Unum Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unum Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, Unum's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 1.7 B, whereas Total Revenue is forecasted to decline to about 8.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit11.8B11.5B11.9B8.4B
Total Revenue12.0B12.0B12.4B8.6B

Unum income statement Correlations

1.00.590.060.020.07-0.020.50.44-0.760.040.010.010.810.120.23-0.21-0.260.420.1
1.00.620.030.030.1-0.050.480.43-0.760.030.030.040.780.160.2-0.22-0.260.40.12
0.590.62-0.74-0.330.4-0.39-0.140.12-0.5-0.280.780.790.10.28-0.64-0.320.06-0.340.74
0.060.03-0.740.45-0.430.460.610.17-0.090.28-0.98-0.990.5-0.260.930.16-0.30.71-0.94
0.020.03-0.330.450.6-0.510.330.5-0.380.2-0.53-0.44-0.030.390.44-0.140.22-0.01-0.42
0.070.10.4-0.430.6-0.89-0.10.46-0.370.020.360.45-0.380.63-0.39-0.30.49-0.60.43
-0.02-0.05-0.390.46-0.51-0.890.35-0.090.370.33-0.33-0.430.42-0.590.370.32-0.310.63-0.41
0.50.48-0.140.610.33-0.10.350.72-0.380.7-0.46-0.490.720.050.540.13-0.170.66-0.49
0.440.430.120.170.50.46-0.090.72-0.390.75-0.07-0.060.380.270.21-0.050.320.190.02
-0.76-0.76-0.5-0.09-0.38-0.370.37-0.38-0.390.220.070.02-0.48-0.14-0.150.320.010.010.07
0.040.03-0.280.280.20.020.330.70.750.22-0.17-0.210.290.130.260.320.120.42-0.1
0.010.030.78-0.98-0.530.36-0.33-0.46-0.070.07-0.170.99-0.390.21-0.94-0.140.28-0.630.92
0.010.040.79-0.99-0.440.45-0.43-0.49-0.060.02-0.210.99-0.430.28-0.94-0.180.31-0.680.93
0.810.780.10.5-0.03-0.380.420.720.38-0.480.29-0.39-0.43-0.160.620.0-0.470.79-0.3
0.120.160.28-0.260.390.63-0.590.050.27-0.140.130.210.28-0.16-0.24-0.03-0.05-0.110.26
0.230.2-0.640.930.44-0.390.370.540.21-0.150.26-0.94-0.940.62-0.240.16-0.320.76-0.78
-0.21-0.22-0.320.16-0.14-0.30.320.13-0.050.320.32-0.14-0.180.0-0.030.160.090.26-0.11
-0.26-0.260.06-0.30.220.49-0.31-0.170.320.010.120.280.31-0.47-0.05-0.320.09-0.570.29
0.420.4-0.340.71-0.01-0.60.630.660.190.010.42-0.63-0.680.79-0.110.760.26-0.57-0.55
0.10.120.74-0.94-0.420.43-0.41-0.490.020.07-0.10.920.93-0.30.26-0.78-0.110.29-0.55
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Unum Account Relationship Matchups

Unum income statement Accounts

201920202021202220232024 (projected)
Total Revenue12.0B13.2B12.0B12.0B12.4B8.6B
Gross Profit12.0B13.2B11.8B11.5B11.9B8.4B
Other Operating Expenses10.6B12.0B10.7B10.0B1.2B1.1B
Operating Income1.2B1.2B1.5B1.9B11.2B11.8B
Ebit1.2B(314.5M)(398.1M)(303.2M)1.6B1.7B
Ebitda1.3B(200.9M)(278.3M)(192.7M)(194.8M)(185.1M)
Total Operating Expenses(10.8B)3.0B3.1B3.0B1.2B1.2B
Net Income1.1B793M824.2M1.4B1.3B1.3B
Income Tax Expense281.8M171M238.8M342.8M356.3M190.3M
Interest Expense177.4M188.2M185M188.5M194.8M158.6M
Income Before Tax1.4B964M1.1B1.8B1.6B1.0B
Total Other Income Expense Net221.2M964M1.1B1.8B(9.6B)(9.1B)
Depreciation And Amortization110.1M113.6M119.8M110.5M(1.8B)(1.7B)
Selling General Administrative898.3M953.2M975.2M1.1B1.2B909.0M
Cost Of Revenue8.0B7.5B212.8M473.5M452M429.4M
Net Income From Continuing Ops1.7B1.1B1.3B1.3B1.5B1.2B
Net Income Applicable To Common Shares1.1B793M824.2M1.3B1.5B951.4M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Unum Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Unum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Unum Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unum Group Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unum Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Unum. If investors know Unum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Unum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.95
The market value of Unum Group is measured differently than its book value, which is the value of Unum that is recorded on the company's balance sheet. Investors also form their own opinion of Unum's value that differs from its market value or its book value, called intrinsic value, which is Unum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Unum's market value can be influenced by many factors that don't directly affect Unum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Unum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.