Ova

What is Unum's annual revenue?

Published in Corporate Revenue 2 mins read

Unum Group's reported annual revenue for 2023 was $12.386 billion. For a more recent look, their revenue for the twelve months ending September 30, 2024, was $12.796 billion.

Unum Group (NYSE: UNM) is a leading provider of financial protection benefits in the United States, the U.K., and Poland, offering a diverse portfolio of benefits solutions, including disability, life, accident, critical illness, and dental insurance. Understanding its revenue streams provides insight into the company's financial health and market performance.

Unum's Recent Revenue Performance

To give a comprehensive view of Unum's revenue, it's important to look at both the latest reported full fiscal year and the most recent trailing twelve months (TTM) data, which offers a more current snapshot of financial performance.

  • Fiscal Year 2023: Unum Group reported an annual revenue of $12.386 billion. This figure represents a healthy 3.35% increase compared to their 2022 annual revenue.
  • Trailing Twelve Months (TTM) Ending September 30, 2024: For the period covering the twelve months leading up to September 30, 2024, Unum's revenue reached $12.796 billion. This indicates continued growth, showing a 4.49% increase year-over-year compared to the TTM ending September 30, 2023.

Historical Revenue Trends

Analyzing Unum's annual revenue over recent years reveals consistent growth, with only a slight dip in 2022. This demonstrates the company's resilience and ability to expand its operations and financial footprint.

Here's a summary of Unum Group's annual and recent twelve-month revenue figures:

Period Revenue (in Billions) Year-over-Year Change
Twelve Months Ending Sep 30, 2024 $12.796B 4.49% increase
Annual Revenue 2023 $12.386B 3.35% increase
Annual Revenue 2022 $11.984B 0.2% decline

The consistent growth in 2023 and the latest TTM figures suggest a positive financial trajectory for Unum Group, driven by its core insurance and benefits offerings.