Unum Group (UNM) FY2015 results: revenue $10.7 billion, up 2.1% on the year
Unum Group (UNM) reported revenue of $10.7 billion for fiscal 2015, the year ended 31 December 2015, up 2.1% on the year before. Net income was $867 million, up 115.6%, and diluted earnings per share $3.50. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2016.
Revenue
$10.7 billion
+2.1% on the year
FY2008FY2015
Operating margin
11.5%
5.0% a year earlier
FY2008FY2015
Net income
$867 million
+115.6% on the year
FY2008FY2015
Diluted EPS
$3.50
+122.9% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
10,731
10,510
10,354
+2.1%
Operating income
1,238
527
1,242
+134.9%
Operating margin
11.5%
5.0%
12.0%
Pre-tax income
1,238
542
1,220
+128.5%
Income tax
371
140
373
+165.3%
Effective tax rate
30.0%
25.8%
30.6%
Net income
867
402
847
+115.6%
Net margin
8.1%
3.8%
8.2%
Diluted EPS
$3.50
$1.57
$3.19
+122.9%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
1,292
1,224
1,032
+5.6%
Capital expenditure
100
114
106
-12.5%
Free cash flow
1,192
1,109
926
+7.5%
Free cash flow margin
11.1%
10.6%
8.9%
Cash from investing
-713
-887
-419
Cash from financing
-569
-329
-596
Depreciation and amortisation
99.5
87.9
510
+13.2%
Share-based compensation
23.8
22.6
23.6
+5.3%
Buybacks
418
306
317
+36.6%
Dividends paid
174
159
146
+9.3%
Diluted shares, weighted
248m
257m
266m
-3.4%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
8,664
8,522
8,640
+1.7%
Debt
2,801
2,781
2,688
+0.7%
Other liabilities
49,124
51,195
48,075
-4.0%
Total liabilities and equity
60,590
62,497
59,404
-3.1%
Fixed assets
524
532
512
-1.5%
Goodwill
231
199
201
+16.2%
Investments
n/a
n/a
913
Securities held for sale or to maturity
43,354
45,065
n/a
-3.8%
Securities borrowed
182
176
202
+2.9%
Cash and equivalents
113
102
94.1
+10.1%
Other assets
16,186
16,423
57,482
-1.4%
Total assets
60,590
62,497
59,404
-3.1%
10-K for the year ended 31 December 2015, filed 24 February 2016: the filing.