Sun Life Financial Inc - Understand $slf stock

$SLF Market Cap: $42.79 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$32.29B

TTM

Gross Margin

Net Earnings

$3.084B

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$344.5B

Q2 2024

Total Liabilities

$319.9B

Q2 2024

Book Value

$24.61B

Q2 2024

Cash

$6.626B

Q2 2024

P/E

13.88

Nov 29, 2024 EST

Free Cash Flow

$3.851B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	$31.09B	$41.08B	$37.47B	$36.48B	$32.56B	$27.00B	$29.33B	$28.57B	$19.27B	$25.76B	$13.87B	$17.56B	$19.83B	$24.80B	$27.57B	$15.56B	$21.19B	$24.29B	$21.92B	$21.73B	$22.06B	$23.10B	$16.82B	$16.55B	$14.74B	$12.88B
YoY Change	-24.32%	9.63%	2.73%	12.03%	20.61%	-7.97%	2.66%	48.25%	-25.19%	85.7%	-20.99%	-11.45%	-20.04%	-10.05%	77.16%	-26.55%	-12.76%	10.81%	0.87%	-1.48%	-4.52%	37.38%	1.63%	12.24%	14.44%	9.91%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	$31.09B	$41.08B	$37.47B	$36.48B	$32.56B	$27.00B	$29.33B	$28.57B	$19.27B	$25.76B	$13.87B	$17.56B	$19.83B	$24.80B	$27.57B	$15.56B	$21.19B	$24.29B	$21.92B	$21.73B	$22.06B	$23.10B	$16.82B	$16.55B	$14.74B	$12.88B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Selling, General & Admin	$6.144B	$6.746B	$6.632B	$5.819B	$5.415B	$4.952B	$4.850B	$4.538B	$3.844B	$3.512B	$3.149B	$2.559B	$2.330B	$3.515B	$2.967B	$2.555B	$3.090B	$1.040B	$894.0M	$764.0M	$715.0M	$1.497B	$2.719B	$2.679B	$2.414B	$1.575B
YoY Change	-8.92%	1.72%	13.97%	7.46%	9.35%	2.1%	6.88%	18.05%	9.45%	11.53%	23.06%	9.83%	-33.71%	18.47%	16.13%	-17.31%	197.12%	16.33%	17.02%	6.85%	-52.24%	-44.94%	1.49%	10.98%	53.27%	41.13%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$598.0M	$528.0M	$438.0M	$406.0M	$378.0M	$226.0M	$209.0M	$203.0M	$166.0M	$150.0M	$123.0M	$116.0M	$100.0M	$93.00M	$94.00M	$63.00M	$62.00M	$130.0M	$160.0M	$201.0M	$258.0M	$333.0M	$328.0M	$286.0M	$252.0M	$456.0M
YoY Change	13.26%	20.55%	7.88%	7.41%	67.26%	8.13%	2.96%	22.29%	10.67%	21.95%	6.03%	16.0%	7.53%	-1.06%	49.21%	1.61%	-52.31%	-18.75%	-20.4%	-22.09%	-22.52%	1.52%	14.69%	13.49%	-44.74%	250.77%
% of Gross Profit
Operating Expenses	$26.61B	$18.77B	$30.26B	$39.68B	$36.10B	$23.18B	$26.18B	$24.81B	$16.05B	$23.05B	$11.43B	$15.48B	$18.99B	$22.46B	$27.07B	$14.66B	$17.99B	$21.40B	$19.22B	$19.47B	$20.09B	$21.70B	$15.39B	$15.13B	$13.78B	$12.28B
YoY Change	41.78%	-37.97%	-23.76%	9.93%	55.72%	-11.46%	5.52%	54.6%	-30.38%	101.7%	-26.17%	-18.47%	-15.47%	-17.03%	84.68%	-18.52%	-15.94%	11.39%	-1.3%	-3.08%	-7.41%	40.95%	1.72%	9.8%	12.2%	15.92%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Interest Expense	-$552.0M	-$18.20B	-$2.112B	$6.505B	$6.785B	-$305.0M	-$303.0M	-$316.0M	-$322.0M	-$336.0M	-$353.0M	-$367.0M	-$430.0M	-$459.0M	-$403.0M	-$366.0M	-$349.0M	-$323.0M	-$273.0M	-$278.0M	-$292.0M	-$192.0M	-$168.0M	-$159.0M	-$161.0M	-$182.0M
YoY Change	-96.97%	761.93%	-132.47%	-4.13%	-2324.59%	0.66%	-4.11%	-1.86%	-4.17%	-4.82%	-3.81%	-14.65%	-6.32%	13.9%	10.11%	4.87%	8.05%	18.32%	-1.8%	-4.79%	52.08%	14.29%	5.66%	-1.24%	-11.54%	-54.73%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Pretax Income	$3.930B	$3.923B	$5.097B	$3.287B	$3.233B	$3.511B	$2.789B	$3.445B	$2.899B	$2.373B	$2.092B	$1.711B	$190.0M	$1.871B	$95.00M	$537.0M	$2.847B	$2.560B	$2.430B	$1.984B	$1.677B	$1.214B	$1.255B	$1.255B	$798.0M	$416.0M
YoY Change	0.18%	-23.03%	55.07%	1.67%	-7.92%	25.89%	-19.04%	18.83%	22.17%	13.43%	22.27%	800.53%	-89.85%	1869.47%	-82.31%	-81.14%	11.21%	5.35%	22.48%	18.31%	38.14%	-3.27%	0.0%	57.27%	91.83%	-42.38%
Income Tax	$512.0M	$713.0M	$717.0M	$494.0M	$284.0M	$597.0M	$309.0M	$619.0M	$599.0M	$491.0M	$283.0M	$210.0M	-$151.0M	$353.0M	-$542.0M	-$343.0M	$522.0M	$389.0M	$531.0M	$263.0M	$357.0M	$98.00M	$306.0M	$386.0M	$418.0M	$274.0M
% Of Pretax Income	13.03%	18.17%	14.07%	15.03%	8.78%	17.0%	11.08%	17.97%	20.66%	20.69%	13.53%	12.27%	-79.47%	18.87%	-570.53%	-63.87%	18.34%	15.2%	21.85%	13.26%	21.29%	8.07%	24.38%	30.76%	52.38%	65.87%
Net Earnings	$3.086B	$3.060B	$4.370B	$2.781B	$2.943B	$2.914B	$2.487B	$2.826B	$2.300B	$1.882B	$1.055B	$1.681B	-$263.0M	$1.507B	$622.0M	$857.0M	$2.290B	$2.144B	$1.876B	$1.693B	$1.306B	$997.0M	$881.0M	$802.0M	$164.0M	$54.00M
YoY Change	0.85%	-29.98%	57.14%	-5.5%	1.0%	17.17%	-12.0%	22.87%	22.21%	78.39%	-37.24%	-739.16%	-117.45%	142.28%	-27.42%	-62.58%	6.81%	14.29%	10.81%	29.63%	30.99%	13.17%	9.85%	389.02%	203.7%	-89.43%
Net Earnings / Revenue	9.93%	7.45%	11.66%	7.62%	9.04%	10.79%	8.48%	9.89%	11.93%	7.3%	7.6%	9.57%	-1.33%	6.08%	2.26%	5.51%	10.81%	8.83%	8.56%	7.79%	5.92%	4.32%	5.24%	4.85%	1.11%	0.42%
Basic Earnings Per Share
Diluted Earnings Per Share	$5.23	$5.20	$7.407M	$4.722M	$4.930M	$4.769M	$4.024M	$4.565M	$3.722M	$3.040M	$1.718M	$2.783M	-$453.4K	$2.466M	$1.107M	$1.525M	$4.003M	$3.697M	$3.180M	$2.812M	$2.148M	$1.836M	$2.078M	$1.905M	$410.0K	$135.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$9.169B	$6.310B	$5.529B	$8.156B	$5.059B	$5.209B	$4.592B	$4.857B	$4.822B	$2.085B	$1.996B	$1.980B	$2.953B	$2.729B	$4.674B	$4.773B	$5.500B	$6.239B	$5.091B	$5.958B	$4.972B	$7.152B	$4.809B	$3.962B	$3.443B	$2.602B
Short-Term Investments
Other Short-Term Assets													$113.0M	$78.00M	$244.0M	$303.0M	$231.0M	$207.0M	$178.0M	$219.0M	$188.0M	$536.0M	$457.0M	$404.0M	$467.0M
YoY Change													44.87%	-68.03%	-19.47%	31.17%	11.59%	16.29%	-18.72%	16.49%	-64.93%	17.29%	13.12%	-13.49%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets													$113.0M	$78.00M	$244.0M	$303.0M	$231.0M	$207.0M	$178.0M	$219.0M	$188.0M	$536.0M	$457.0M	$404.0M	$467.0M
YoY Change													44.87%	-68.03%	-19.47%	31.17%	11.59%	16.29%	-18.72%	16.49%	-64.93%	17.29%	13.12%	-13.49%
Property, Plant & Equipment	$1.451B	$1.360B	$1.307B	$1.394B	$1.400B	$621.0M	$624.0M	$659.0M		$555.0M	$658.0M	$665.0M	$546.0M	$492.0M	$151.0M	$210.0M	$171.0M	$179.0M	$158.0M	$168.0M	$196.0M	$230.0M	$204.0M	$183.0M	$168.0M
YoY Change	6.69%	4.06%	-6.24%	-0.43%	125.44%	-0.48%	-5.31%			-15.65%	-1.05%	21.79%	10.98%	225.83%	-28.1%	22.81%	-4.47%	13.29%	-5.95%	-14.29%	-14.78%	12.75%	11.48%	8.93%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$161.2B	$165.8B	$175.1B	$165.1B	$153.4B	$143.3B	$138.6B	$134.0B	$129.4B	$119.9B	$105.3B	$100.1B	$109.6B	$103.7B	$101.0B	$98.69B	$95.57B	$99.96B	$93.50B	$90.95B	$92.20B	$103.3B	$68.46B	$47.04B	$46.54B	$47.42B
YoY Change	-2.81%	-5.31%	6.07%	7.66%	7.01%	3.43%	3.37%	3.57%	7.9%	13.88%	5.22%	-8.64%	5.62%	2.73%	2.32%	3.26%	-4.39%	6.91%	2.8%	-1.36%	-10.77%	50.95%	45.53%	1.07%	-1.85%
Other Assets	$3.878B	$2.282B	$1.848B	$1.634B	$1.455B	$1.209B	$1.295B	$1.448B	$1.372B	$1.230B	$1.303B	$43.83B	$1.694B	$980.0M	$1.054B	$1.190B	$382.0M	$747.0M	$667.0M	$719.0M	$977.0M	$1.032B	$968.0M	$334.0M	$443.0M	$460.0M
YoY Change	69.94%	23.48%	13.1%	12.3%	20.35%	-6.64%	-10.57%	5.54%	11.54%	-5.6%	-97.03%	2487.6%	72.86%	-7.02%	-11.43%	211.52%	-48.86%	11.99%	-7.23%	-26.41%	-5.33%	6.61%	189.82%	-24.6%	-3.7%
Total Long-Term Assets													$218.1B	$210.2B	$201.2B	$185.3B	$187.3B	$188.4B	$171.7B	$164.1B	$163.1B	$175.7B	$128.4B	$104.1B	$100.3B
YoY Change													3.79%	4.48%	8.56%	-1.05%	-0.61%	9.75%	4.58%	0.64%	-7.15%	36.8%	23.31%	3.83%
Total Assets	$333.2B	$330.9B	$345.4B	$323.0B	$297.2B	$271.8B	$269.1B	$258.2B	$246.9B	$223.4B	$199.5B	$225.8B	$218.3B	$210.2B	$201.4B	$185.6B	$187.5B	$188.6B	$171.9B	$164.4B	$163.3B	$176.2B	$128.9B	$104.5B	$100.8B	$93.53B
YoY Change
Accounts Payable	$2.493B	$2.639B	$1.866B	$2.438B	$1.903B	$2.045B	$1.972B	$2.739B		$2.118B	$1.366B	$2.056B	$2.202B	$1.516B	$1.313B	$2.599B	$1.762B	$1.811B	$2.137B	$2.727B	$3.368B	$3.248B	$1.967B	$1.534B	$801.0M
YoY Change	-5.53%	41.43%	-23.46%	28.11%	-6.94%	3.7%	-28.0%			55.05%	-33.56%	-6.63%	45.25%	15.46%	-49.48%	47.5%	-2.71%	-15.26%	-21.64%	-19.03%	3.69%	65.12%	28.23%	91.51%
Accrued Expenses	$4.788B	$4.481B	$4.793B	$4.348B	$3.926B	$3.788B	$3.637B	$3.515B		$3.248B	$2.697B	$2.303B	$1.815B	$1.639B	$1.039B	$1.035B	$1.491B	$1.716B	$1.545B	$1.375B	$1.425B	$1.041B	$1.163B	$1.442B	$1.291B	$786.0M
YoY Change	6.85%	-6.51%	10.23%	10.75%	3.64%	4.15%	3.47%			20.43%	17.11%	26.89%	10.74%	57.75%	0.39%	-30.58%	-13.11%	11.07%	12.36%	-3.51%	36.89%	-10.49%	-19.35%	11.7%	64.25%
Deferred Revenue
YoY Change
Short-Term Debt	$5.035B	$5.070B	$2.898B	$2.552B	$1.880B	$1.928B	$2.116B	$1.978B	$0.00	$1.644B	$1.864B	$1.732B	$1.761B	$1.482B	$1.347B	$2.068B	$2.620B	$2.646B	$1.958B	$2.215B	$1.581B	$1.876B	$310.0M	$401.0M	$701.0M	$306.0M
YoY Change	-0.69%	74.95%	13.56%	35.74%	-2.49%	-8.88%	6.98%		-100.0%	-11.8%	7.62%	-1.65%	18.83%	10.02%	-34.86%	-21.07%	-0.98%	35.14%	-11.6%	40.1%	-15.72%	505.16%	-22.69%	-42.8%	129.08%
Long-Term Debt Due	$258.0M	$326.0M	$323.0M	$109.0M	$0.00
YoY Change	-20.86%	0.93%	196.33%
Total Short-Term Liabilities	$12.57B	$12.52B	$9.880B	$9.447B	$7.709B	$7.761B	$7.725B	$8.232B		$7.010B	$5.927B	$6.091B	$5.778B	$4.637B	$3.699B	$5.702B	$5.873B	$6.173B	$5.640B	$6.317B	$6.374B	$6.165B	$3.440B	$3.377B	$2.793B	$1.092B
YoY Change	0.46%	26.68%	4.58%	22.55%	-0.67%	0.47%	-6.16%			18.27%	-2.69%	5.42%	24.61%	25.36%	-35.13%	-2.91%	-4.86%	9.45%	-10.72%	-0.89%	3.39%	79.22%	1.87%	20.91%	155.77%
Long-Term Debt	$12.81B	$12.88B	$11.32B	$8.349B	$8.942B	$8.045B	$8.223B	$8.584B	$4.740B	$6.777B	$6.861B	$6.968B	$7.370B	$6.995B	$9.499B	$10.16B	$6.444B	$4.947B	$3.948B	$3.382B	$1.730B	$1.974B	$776.0M	$749.0M	$734.0M	$764.0M
YoY Change	-0.55%	13.8%	35.55%	-6.63%	11.15%	-2.16%	-4.21%	81.1%	-30.06%	-1.22%	-1.54%	-5.45%	5.36%	-26.36%	-6.54%	57.73%	30.26%	25.3%	16.74%	95.49%	-12.36%	154.38%	3.6%	2.04%	-3.93%
Other Long-Term Liabilities	$5.962B	$6.480B	$4.603B	$4.087B	$4.364B	$2.980B	$2.531B	$3.230B	$15.71B	$2.558B	$1.621B	$13.98B	$817.0M	$716.0M	$517.0M	$1.024B	$1.082B	$4.813B	$4.811B	$4.301B	$4.872B	$5.874B	$5.919B	$6.025B	$5.732B	$6.067B
YoY Change	-7.99%	40.78%	12.63%	-6.35%	46.44%	17.74%	-21.64%	-79.44%	514.15%	57.8%	-88.41%	1611.38%	14.11%	38.49%	-49.51%	-5.36%	-77.52%	0.04%	11.86%	-11.72%	-17.06%	-0.76%	-1.76%	5.11%	-5.52%
Total Long-Term Liabilities	$18.77B	$19.36B	$15.92B	$12.44B	$13.31B	$11.03B	$10.75B	$11.81B	$20.45B	$9.335B	$8.482B	$20.95B	$8.187B	$7.711B	$10.02B	$11.19B	$7.526B	$9.760B	$8.759B	$7.683B	$6.602B	$7.848B	$6.695B	$6.774B	$6.466B	$6.831B
YoY Change	-3.04%	21.6%	28.02%	-6.54%	20.69%	2.52%	-8.97%	-42.23%	119.07%	10.06%	-59.51%	155.89%	6.17%	-23.01%	-10.48%	48.66%	-22.89%	11.43%	14.0%	16.37%	-15.88%	17.22%	-1.17%	4.76%	-5.34%
Total Liabilities	$309.2B	$301.6B	$317.4B	$297.2B	$272.7B	$247.3B	$246.8B	$236.3B	$225.6B	$204.5B	$182.2B	$209.3B	$202.6B	$194.2B	$184.1B	$168.2B	$170.3B	$171.4B	$156.3B	$150.0B	$149.3B	$161.3B	$121.1B	$98.03B	$94.89B	$87.45B
YoY Change	2.51%	-4.96%	6.79%	8.97%	10.3%	0.19%	4.45%	4.73%	10.33%	12.25%	-12.95%	3.29%	4.33%	5.51%	9.44%	-1.23%	-0.67%	9.68%	4.24%	0.42%	-7.43%	33.14%	23.59%	3.31%	8.5%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $42.792 Billion

About SUN LIFE FINANCIAL INC

Sun Life Financial, Inc. engages in the provision of insurance and asset management solutions to individual and corporate clients. The company is headquartered in Toronto, Ontario and currently employs 30,941 full-time employees. The company went IPO on 2000-03-22. Its segments include Canada, United States (U.S.), Asset Management, Asia, and Corporate. The Canada segment provides protection, health, asset management and wealth solutions. The company also offers a premier health and wellness virtual care platform. The U.S. segment provides employee and government benefits in the United States. Its business units include group benefits, dental and in-force management. The Asset Management business group includes MFS and SLC Management. MFS is an asset manager offering a comprehensive selection of financial products and services. The Asia segment consists of two business units: Local Markets and International Hubs. The company has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, India and others.

Industry: Life Insurance Peers: