Assurant vs SUN Life Financial
SUN Life Financial is the larger business, with $30.00bn of revenue in fiscal 2025 against $12.81bn for Assurant (2.3 times as much). Assurant grew faster (7.9% against 5.9%). SUN Life Financial kept more of each dollar of sales as profit: a net margin of 8.5% against 6.8%. SUN Life Financial carries less debt relative to equity (33.3% against 37.6%).
| Latest fiscal year | AssurantAIZ, 2025 | SUN Life FinancialSLF, 2025 |
|---|---|---|
| Revenue | $12.81bn | $30.00bn |
| Revenue growth | 7.9% | 5.9% |
| Net income | $873m | $2.54bn |
| Operating margin | — | — |
| Net margin | 6.8% | 8.5% |
| Return on equity | 15.9% | 14.3% |
| Free cash flow | $1.60bn | $1.90bn |
| Cash | $1.83bn | $7.00bn |
| Total debt | $2.21bn | $5.96bn |
| Debt to equity | 37.6% | 33.3% |
| Dividend per share | $3.28 | — |
| Dividend yield | 1.2% | 3.2% |
| Share buybacks | $304m | $1.22bn |
| Employees | 14,800 | — |
| Market value | $14.61bn | $45.64bn |
| Price vs our value range | — | — |
| Moat score | 70 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 8 sales | 0 buys, 0 sales |