Sun Life Financial Inc.

C$101.10As of Sun 8 Nov 2026, 12:00 UTC

TSX:SLFFinancials

Country Canada

PE (Fwd) •••

TSR 10Y CAGR 12.83%

Div yield 3.96%

ROE 11.55%

Insurance (Diversified)

Beta (5Y) 0.76

PE TTM 18.94

TSR TTM 23.30%

Mkt cap C$56.10B

Combined —

SE Grade™

Value

Quality

Moat

Consensus

Reference

$113

11.65%

58.61%

Hold 6|7|8|6|4

TTM

FYE 31 Dec CAD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

5.652

Revenue$B

9.119

9.500

9.911

10.08

10.61

11.30

12.00

12.79

13.48

14.32

5.809

6.18%

4.94%

17.11

Revenue growth%

23.27

20.73

21.17

21.16

21.75

18.98

21.98

20.37

17.69

16.92

6.65

18.98

20.95

4.65

Combined R.%

88.49

87.81

87.83

88.45

89.57

87.99

88.00

88.83

87.64

86.92

16.58

87.99

88.00

9.31

Operating margin%

18.68

16.69

18.04

18.54

20.29

20.82

21.60

23.97

24.23

26.99

4.88

23.97

20.55

25.61

Net margin%

0.40

3.28

1.24

2.14

1.81

3.11

1.55

4.45

4.95

3.33

5.98

3.33

2.62

36.88

P/E ratio (avg)x

4.756

4.221

4.070

4.453

4.831

5.034

4.389

4.355

4.027

3.974

11.81

4.355

4.372

34.40

P/TBVx

27.39

26.07

26.31

27.10

26.65

26.25

28.21

31.68

36.53

39.13

30.77

31.68

27.25

31.05

P/Bx

34.89

35.44

33.62

35.64

33.82

33.67

31.22

32.96

33.13

37.26

25.95

33.13

33.75

7.76

Prem. grth%

18.22

17.62

15.27

12.71

12.14

10.85

9.27

9.99

9.13

8.29

5.21

9.27

11.50

17.89

Invest. yld%

20.39

18.30

17.27

14.59

12.65

12.37

14.90

15.47

18.36

20.24

16.12

15.47

16.37

7.87

BVPS grth%

25.66

24.84

27.42

25.45

24.30

25.50

25.43

25.96

28.16

27.20

4.79

25.96

25.58

23.98

Return on equity%

17.20

19.04

20.64

20.85

17.85

18.23

17.47

20.13

20.41

17.49

29.31

18.23

18.64

24.58

Return on assets%

6.68

9.18

9.42

9.49

7.16

8.58

7.02

8.07

7.97

10.02

24.52

8.07

8.33

13.61

EPS$

14.73

16.01

17.36

17.94

16.27

14.78

15.95

16.98

17.31

17.78

14.90

1.79%

1.73%

—

25.05

EPS growth%

11.68

14.48

11.88

13.23

11.83

12.89

10.49

12.56

10.53

8.68

21.42

10.53

11.86

3.46

Bookvalue per sh$

25.12

29.89

33.93

33.81

38.10

43.98

43.21

42.41

41.15

45.05

5.07

3.41%

7.87%

—

7.83

TBV/sh$

15.82

15.76

17.07

17.29

15.16

16.27

17.44

18.37

17.98

17.68

3.24

3.13%

1.19%

—

8.28

Dividend per sh$

28.71

34.78

39.09

43.83

46.05

48.64

49.71

52.53

59.24

64.45

11.04

6.96%

10.26%

—

22.97

Div yield (avg)%

14.66

17.59

17.60

15.42

16.87

14.49

17.46

16.90

16.76

18.73

8.82

16.90

16.88

11.06

Payout ratio%

9.54

6.71

8.56

6.18

7.70

9.95

9.24

9.64

11.49

10.06

26.80

9.95

9.39

552.4

Shares (diluted)M

533.8

531.1

538.9

576.9

605.0

645.9

718.2

810.3

904.4

887.8

558.0

7.97%

6.07%

19.79

Buyback yield%

9.39

12.22

9.61

6.83

4.10

3.44

1.86

1.77

0.67

0.40

26.25

1.77

3.77

0.577

D/E ratiox

1.086

1.155

1.231

1.381

1.396

1.550

1.521

1.544

1.555

1.788

0.631

1.550

1.458

1.356

Assets$B

14.48

15.69

16.54

18.18

19.86

20.59

22.15

24.84

27.89

28.58

12.67

7.55%

7.75%

9.051

LT debt$B

6.016

6.333

6.533

5.632

5.047

5.022

5.013

5.065

5.265

5.554

12.04

1.93%

(2.41%)

Peers (US$39.71B)

Cap (US$)

Fairfax Financial…

42.27B

9.618x

Power Corporation of…

40.21B

22.56x

Intact Financial…

34.29B

16.93x

American International…

40.31B

12.69x

Capital

TTM

10Y

Leveragex

1.164

0.083

0.075

EBIT/Intx

0.349

1.723

1.748

Own earn%

—

Sh yield%

42.77

18.67

20.14

Owners

Insiders/Inst%

6.95

26.57

Short interest%

5.11

SBC / revenue%

0.50

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

17–27

$1 testx

—

Incr. ROIC%

—

Sun Life Financial Inc., a financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$14.32B

4.94%

1.00×

Claims and benefits

$7.561B

4.96%

1.00×

Total costs

$11.49B

4.67%

0.97×