Sun Life Financial Inc.
NYSE•SLF
CEO: Mr. Kevin David Strain C.A., CPA
Sector: Financial Services
Industry: Insurance - Diversified
Listing Date: 2000-03-23
Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance. The company also provides advice for financial planning and retirement planning services; investments products, such as mutual funds, segregated funds, and annuities; and asset and investment management products consisting of pooled funds, institutional portfolios, and pension funds. In addition, it offers real estate services; manages equity capital in various private and listed funds, as well as mezzanine debt, middle market direct lending, high-yield bonds, and syndicated loans; and operates as an investment grade fixed income investor, real estate investment management advisor, infrastructure investment manager, and alternative credit investment manager. The company was formerly known as Sun Life Financial Services of Canada Inc. and changed its name to Sun Life Financial Inc. in July 2003. Sun Life Financial Inc. was founded in 1871 and is headquartered in Toronto, Canada.
Contact Information
Market Cap
$35.01B
P/E (TTM)
16.2
15.5
Dividend Yield
4.0%
52W High
$66.81
52W Low
$52.44
52W Range
Rank25Top 11.9%
5.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$9.00B-11.20%
4-Quarter Trend
EPS
$1.43-15.81%
4-Quarter Trend
FCF
$830.83M-64.33%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Common Shares Outstanding Count 573.9M Common Shares outstanding reported as of the period end; total preferred shares outstanding reached 48.2M across multiple series.
Updated Code of Conduct 2024 Code of Conduct updated; enhanced guidance on culture, human rights, sustainability, diversity, equity, and inclusion emphasized.
Capital Structure Complexity 1.0M Class A Preferred Shares Series 14 issued, linked to $1B principal amount of 3.60% Limited Recourse Capital Notes (LRCN).
Risk Factors
Internal Control Audit Attestation Effectiveness of internal control over financial reporting subject to Sarbanes-Oxley 404(b) attestation by registered public accounting firm.
Complex Regulatory Filing Burden Must maintain compliance with SEC rules, including timely submission of Interactive Data Files required under Regulation S-T Rule 405.
Audit Committee Expert Reliance Board relies on three designated independent Audit Committee Financial Experts for oversight, meeting NYSE and SEC independence standards.
Outlook
Reinforce Culture and ESG Focus Strategic focus on reinforcing corporate culture, human rights, sustainability, and diversity, equity, and inclusion per 2024 Code update.
Maintain NYSE Governance Alignment Commitment to maintaining governance processes and practices consistent with New York Stock Exchange corporate governance rules for U.S. listed companies.
Ongoing Capital Structure Management Continue managing complex capital structure, including various preferred share series and subordinated indebtedness linked to LRCN structure.
Peer Comparison
Revenue (TTM)
HIG$27.71B
AIG$27.38B
$23.76B
Gross Margin (Latest Quarter)
64.8%
48.3%
46.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| AIG | $39.35B | 12.8 | 7.8% | 5.6% |
| HIG | $36.11B | 10.2 | 20.5% | 5.1% |
| SLF | $35.01B | 16.2 | 12.0% | 1.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
92.9%
Strong Growth
4Q Net Income CAGR
103.2%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Next earnings:Feb 11, 2026
EPS:$1.35
|Revenue:-
Reports
All Years
Form 40-F - FY 2024
Period End: Dec 31, 2024|Filed: Feb 13, 2025|Revenue: $25.17B-5.1%|EPS: $3.86+3.1%BeatForm 40-F - FY 2023
Period End: Dec 31, 2023|Filed: Feb 8, 2024|Revenue: $22.86B+960.2%|EPS: $3.80+4.7%BeatForm 40-F - FY 2022
Period End: Dec 31, 2022|Filed: Feb 9, 2023|Revenue: $17.84B-90.4%|EPS: $3.77-27.2%BeatForm 40-F - FY 2021
Period End: Dec 31, 2021|Filed: Feb 10, 2022|Revenue: $28.50B-17.6%|EPS: $5.37+63.7%BeatForm 40-F - FY 2020
Period End: Dec 31, 2020|Filed: Feb 11, 2021|Revenue: $32.28B+9.2%|EPS: $3.06-7.0%Meet