Sun Life Financial Inc
XPHS:SLF
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ROE
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
Peer Comparison
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| CA |
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Sun Life Financial Inc
TSX:SLF
|
50.6B CAD |
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| CA |
|
Manulife Financial Corp
TSX:MFC
|
84.8B CAD |
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| ZA |
S
|
Sanlam Ltd
JSE:SLM
|
185.1B ZAR |
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| ZA |
D
|
Discovery Ltd
JSE:DSY
|
173B ZAR |
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| CN |
|
Ping An Insurance Group Co of China Ltd
SSE:601318
|
1.1T CNY |
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| CN |
|
China Life Insurance Co Ltd
SSE:601628
|
1.1T CNY |
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| HK |
|
AIA Group Ltd
HKEX:1299
|
934.6B HKD |
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| ZA |
O
|
OUTsurance Group Ltd
JSE:OUT
|
114.6B ZAR |
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| ZA |
O
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Old Mutual Ltd
JSE:OMU
|
65.3B ZAR |
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| US |
|
Aflac Inc
NYSE:AFL
|
57.4B USD |
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| IN |
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Life Insurance Corporation Of India
NSE:LICI
|
5T INR |
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Market Distribution
| Min | -111 866% |
| 30th Percentile | -21.1% |
| Median | -0.5% |
| 70th Percentile | 11.3% |
| Max | 3 553 600% |
Other Profitability Ratios
Sun Life Financial Inc
Glance View
Amid the bustling urban landscapes and serene suburban expanses of Canada, Sun Life Financial Inc. stands as a beacon of warm, steadfast protection and guidance in the world of financial services. With roots tracing back to 1865, this venerable institution has woven itself into the fabric of Canadian business through a commitment to helping individuals achieve financial independence. Operating primarily in the life insurance and wealth management sectors, Sun Life has expanded its reach from North America to markets across Asia and beyond. The company has built its foundation on offering a diverse range of products, including life, health, and dental insurance, as well as financial planning and asset management services. The core of Sun Life's business model is predicated on the collection of premiums from policyholders, which it prudently invests in various assets to generate income and ensure long-term policyholder payouts. As the sun rises across time zones, the company adeptly balances risk management and opportunity, leveraging its investment management arm to capture robust returns. Alongside insurance, Sun Life’s asset management segment provides a consistent revenue stream through fees from managing investments for institutional clients and individuals. By tailoring its offerings to the evolving needs of its clientele and embracing digital innovations, Sun Life not only sustains its legacy but also carves out new pathways in the ever-changing financial landscape. This dual focus on preserving wealth and enhancing financial literacy enables Sun Life to thrive and meet the demands of a globalized and increasingly complex marketplace.
See Also
ROE is calculated by dividing the Net Income by the Avg Total Equity.
The current ROE for Sun Life Financial Inc is 13.5%, which is above its 3-year median of 12.5%.
Over the last 3 years, Sun Life Financial Inc’s ROE has increased from 12% to 13.5%. During this period, it reached a low of 9.9% on Jun 30, 2023 and a high of 14.4% on Sep 30, 2024.