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MARKETS / NYSE / SLF
NYSE · LIFE INSURANCE

SUN Life Financial Inc. SLF

10 fiscal years on record · CAD · FY2025 reported · SEC filings only
9 YEARS OF DIVIDEND GROWTH
CAD 41.9B
▲ 8.0% YoY
CAD 3.6B
▲ 13.5% YoY
CAD 2.7B
▲ 11.1% YoY
In brief

What this company does

Sun Life provides asset management, wealth, insurance and health solutions to individual and institutional clients. It has operations in markets that include Canada, the U.S., the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. Total assets under management stood at $1.60 trillion as of December 31, 2025. Operations and financial results are managed and reported in five business segments: Asset Management, Canada, United States, Asia and Corporate. SLF Inc. conducts its business worldwide through direct and indirect operating subsidiaries, joint ventures and associates. Incorporated under the Insurance Companies Act, Canada, on August 5, 1999, it became the holding company of Sun Life Assurance, which had been incorporated in 1865 as a stock insurance company.

Written from the business description in SUN LIFE FINANCIAL INC's annual report to the U.S. Securities and Exchange Commission, filed 12 February 2026. Every sentence was checked against that document before publication.

Growth
CAD 41.9B
Revenue, FY2025 · full 10-year series below
Revenue CAD B Net income CAD B
FY2025 · Revenue 41.9 · Net income 3.6
20B40B2016201720182019202020212022202320242025
Compound annual growth
+93.7%
−0.7%
+6.5%
+7.3%
+7.9%
+8.4%
+8.4%
+9.9%
+31.2%
+19.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −0.7% a year over five years — but profit grew faster: net income at +7.3%, earnings per share at +8.4%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
9 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Net 9.0%
20%40%2016201720182019202020212022202320242025
ROE
FY2025 · ROE 14.2%
5%10%15%2016201720182019202020212022202320242025

Each CAD of equity produced 14 cents of profit this year.

Cash & shareholders
CAD 3.8B
returned in FY2025 · dividends + net buybacks
Free cash flow CAD B
FY2025 · FCF 2.7
2.5B5.0B-0.8B-1.6B2016201720182019202020212022202320242025
Net buybacks CAD B Dividends CAD B
FY2025 · Dividends 2.1 · Net buybacks 1.7
2BDividendsNet buybacks2016201720182019202020212022202320242025

CAD 2.1B in dividends and CAD 1.7B in buybacks — 106% of the year's profit, so the payout drew on cash built up earlier.

Total assetsCAD 398.5B
EquityCAD 24.5B
CashCAD 9.6B
Gross debtCAD 8.2B
Net debtCAD -1.4B

The company holds more cash than debt.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · CAD
row low → row highnegative
Metric 2025202420232022202120202019201820172016
Revenue CAD B41.938.840.95.835.743.339.727.029.328.6
Operating income CAD B··········
EBITDA CAD B··········
Income tax CAD B1.01.00.50.50.70.50.30.60.30.6
Net income CAD B3.63.13.22.94.02.52.72.62.22.6
Free cash flow CAD B2.72.45.4·−1.97.12.43.71.83.5
EPS, diluted CAD 6.155.265.264.896.694.104.404.143.494.03
Dividend / sh CAD 3.523.243.002.762.312.202.101.911.751.62
Payout %58635957355449475242
ROE %14.212.713.713.217.410.411.511.410.111.8

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 30 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 27 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityLife Insurance
Listed onNYSE
Incorporated inoutside the United States — SEC code Z4
Fiscal year endsDecember 31
Data on record since2016

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