Unum Return On Equity from 2010 to 2024

UNMA Stock  USD 25.06  0.01  0.04%   
Unum's Return On Equity is increasing over the years with slightly volatile fluctuation. Overall, Return On Equity is expected to go to 0.14 this year. Return On Equity is a measure of the profitability of Unum Group in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.13301697
Current Value
0.14
Quarterly Volatility
0.03524379
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Unum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unum's main balance sheet or income statement drivers, such as Total Revenue of 8.6 B, Gross Profit of 8.4 B or Other Operating Expenses of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0292 or PTB Ratio of 0.69. Unum financial statements analysis is a perfect complement when working with Unum Valuation or Volatility modules.
  
Check out the analysis of Unum Correlation against competitors.

Latest Unum's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Unum Group over the last few years. Return on Equity is the amount of Unum Group net income returned as a percentage of Unum equity. Return on equity measures Unum profitability by revealing how much profit Unum Group generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Unum's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Unum's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.010 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Unum Return On Equity Regression Statistics

Arithmetic Mean0.1
Geometric Mean0.09
Coefficient Of Variation36.88
Mean Deviation0.03
Median0.10
Standard Deviation0.04
Sample Variance0
Range0.1337
R-Value0.53
Mean Square Error0.001
R-Squared0.28
Significance0.04
Slope0
Total Sum of Squares0.02

Unum Return On Equity History

2024 0.14
2023 0.13
2022 0.16
2021 0.0722
2020 0.0729
2019 0.11
2018 0.0607

About Unum Financial Statements

Unum stakeholders use historical fundamental indicators, such as Unum's Return On Equity, to determine how well the company is positioned to perform in the future. Although Unum investors may analyze each financial statement separately, they are all interrelated. For example, changes in Unum's assets and liabilities are reflected in the revenues and expenses on Unum's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Unum Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.13  0.14 

Also Currently Popular

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 the analysis of Unum Correlation against competitors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.