Unum Group (UNM) FY2021 results: revenue $12.0 billion, down 8.7% on the year
Unum Group (UNM) reported revenue of $12.0 billion for fiscal 2021, the year ended 31 December 2021, down 8.7% on the year before. Net income was $981 million, up 23.7%, and diluted earnings per share $4.79. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$12.0 billion
-8.7% on the year
FY2014FY2021
Operating margin
10.5%
7.3% a year earlier
FY2014FY2021
Net income
$981 million
+23.7% on the year
FY2014FY2021
Diluted EPS
$4.79
+23.1% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,388
469
1,607
+195.7%
Capital expenditure
110
119
151
-7.4%
Free cash flow
1,277
350
1,456
+264.7%
Free cash flow margin
10.6%
2.7%
12.1%
Cash from investing
-1,341
-268
-1,394
Cash from financing
-169
-88.7
-223
Depreciation and amortisation
120
114
110
+5.5%
Share-based compensation
35.4
30.4
26.6
+16.4%
Buybacks
50.0
0.0
400
Dividends paid
239
232
229
+3.2%
Dividend per share
$1.17
$1.14
$1.09
+2.6%
Diluted shares, weighted
205m
204m
210m
+0.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
6,034
10,871
9,965
-44.5%
Debt
3,442
3,346
3,327
+2.9%
Other liabilities
60,640
56,409
53,722
+7.5%
Total liabilities and equity
70,116
70,626
67,013
-0.7%
Fixed assets
463
498
534
-7.1%
Goodwill
352
353
352
-0.2%
Securities held for sale or to maturity
43,336
44,137
47,444
-1.8%
Securities borrowed
94.8
96.6
176
-1.9%
Cash and equivalents
75.0
197
84.1
-61.9%
Other assets
25,795
25,344
18,423
+1.8%
Total assets
70,116
70,626
67,013
-0.7%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.