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Sun Life Financial

SLF$71.802026-05-29
B-
Quality Score
80/100

Life & Annuity Insurance. A spread-and-fee balance sheet: premiums and deposits invested against long-duration policyholder liabilities, plus fee income.

Figures in CAD · IFRS-17 basis (history from FY2022 transition) · cross-currency USD normalization pending

Data: derived · regulatory capital · public filings (XBRL)· latest filing 2026-02-12· price 2026-05-29independently sourced

Profile
Market Cap--
Enterprise Value--
Total AssetsC$398.5B
Total EquityC$24.5B
Shares Out--
Revenue (TTM)C$41.9B
SectorLife & Annuity Insurance
Margins (TTM)
Gross--
EBITDA--
Operating--
Net8.5%
FCF--
Financial Health
Total CashC$9.6B
Total Debt--
Net DebtC$-9.6B
Debt/Equity--
ND/EBITDA--
Valuation (TTM)
P/E11.7x
P/Bn/m
EV/Salesn/m
P/OCFn/m
P/FCFn/m
EV/EBITn/m

Deep Dive Summary

1

Read an insurer through its balance sheet and investment spread, not a retailer's margin lens: net investment income, reserve adequacy, and capital strength matter more than a single operating-margin number.

2

Regulatory solvency capital — the regulator's lens, normalized cross-regime — is on the **Capital & Ratings** tab.