Sun Life Financial Inc.
NYSE: SLF · FINANCIAL SERVICES · INSURANCE - DIVERSIFIED
Updated 2026-06-05
Sun Life Financial Inc. (SLF) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $24.29B | $2.14B | 39.02% | 10.54% | 8.83% |
| 2007 | $21.19B | $2.29B | 146.87% | 13.44% | 10.80% |
| 2008 | $15.56B | $855.00M | 160.05% | 3.45% | 5.49% |
| 2009 | $27.57B | $613.00M | 100.00% | 1.72% | 2.22% |
| 2010 | $24.80B | $1.51B | 41.92% | 7.54% | 6.08% |
| 2011 | $22.58B | $-193.00M | 100.00% | -0.91% | -0.85% |
| 2012 | $17.56B | $1.68B | 30.34% | 9.74% | 9.57% |
| 2013 | $13.87B | $1.05B | 45.24% | 15.08% | 7.60% |
| 2014 | $25.76B | $1.88B | 30.82% | 9.21% | 7.30% |
| 2015 | $19.27B | $2.30B | 46.68% | 15.04% | 11.93% |
| 2016 | $28.57B | $2.83B | 36.52% | 12.06% | 9.89% |
| 2017 | $29.33B | $2.49B | 35.05% | 9.51% | 8.48% |
| 2018 | $26.97B | $2.91B | 40.26% | 13.02% | 10.80% |
| 2019 | $39.68B | $2.94B | 28.16% | 8.15% | 7.42% |
| 2020 | $43.34B | $2.78B | 28.50% | 7.58% | 6.42% |
| 2021 | $35.69B | $4.37B | 41.22% | 14.28% | 12.24% |
| 2022 | $3.43B | $3.02B | 118.72% | 105.75% | 88.19% |
| 2023 | $32.66B | $3.34B | 100.00% | 11.65% | 10.24% |
| 2024 | $34.48B | $3.17B | 14.04% | 12.58% | 9.20% |
| 2025 | $42.17B | $3.74B | 100.00% | 11.37% | 8.87% |
Frequently asked questions
What is Sun Life Financial Inc.'s revenue?
Sun Life Financial Inc.'s trailing twelve-month revenue is $34.90B, and consensus projects about $42.60B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is SLF?
In its most recent fiscal year, SLF ran a gross margin of 100.00%, an operating margin of 11.37%, and a net margin of 8.87%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does SLF generate?
SLF produced $13.60B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is SLF's balance sheet healthy?
SLF holds $9.68B in cash and equivalents against $16.03B in long-term debt, on $24.51B of shareholder equity. That debt is best read against the cash flow the business throws off each year.