Sun Life Financial
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
8.438.49
Price/Sales ratio
0.730.70
Earnings per Share (EPS)
$6.94$6.9

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
13.5911.4711.1912.759.4111.8911.929.4312.1813.0613.039.41
Price/Sales ratio
0.991.361.101.081.010.880.761.151.581.340.980.88
Price/Book Value ratio
1.351.231.441.421.151.491.351.561.341.751.961.15
Price/Cash Flow ratio
14.185.918.6215.987.1513.744.57-22.218.547.365.1313.74
Price/Free Cash Flow ratio
14.186.068.9417.597.3214.384.67-21.284.607.595.1714.38
Price/Earnings Growth ratio
0.160.470.83-0.950.25-1.46-1.700.14-0.442.7811.750.25
Dividend Yield
3.46%3.48%3.39%3.64%4.47%3.76%4.09%3.46%4.53%4.55%3.98%3.98%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%100%105.85%100%100%
Operating Profit Margin
10.51%16.71%13.16%10.54%14.13%8.13%7.55%12.75%18.58%67.59%1.17%8.13%
Pretax Profit Margin
9.21%15.04%12.05%9.50%13.00%8.14%7.58%14.28%16.90%12.73%9.05%8.14%
Net Profit Margin
7.30%11.93%9.89%8.47%10.79%7.41%6.41%12.24%13.03%10.25%7.58%7.41%
Effective Tax Rate
20.69%20.66%17.96%10.82%17.00%8.84%15.05%14.26%15.82%11.73%12.80%8.84%
Return on Assets
0.84%0.93%1.09%0.92%1.07%0.99%0.86%1.26%0.91%0.94%1.05%0.99%
Return On Equity
9.97%10.73%12.87%11.14%12.29%12.57%11.36%16.60%11.01%13.42%15.69%12.29%
Return on Capital Employed
1.22%1.31%1.47%1.15%1.41%1.09%1.02%1.32%1.32%6.25%0.16%1.09%
Liquidity Ratios
Current Ratio
1.101.081.101.091.101.0913.17N/AN/AN/A156.821.10
Quick Ratio
4.034.208.2010.9511.3314.7312.8513.996.38N/A156.8211.33
Cash ratio
1.583.402.284.203.394.954.865.032.25N/A57.083.39
Days of Sales Outstanding
24.56N/AN/AN/AN/AN/AN/AN/AN/A28.56N/AN/A
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/A28.56N/AN/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/A-503.84N/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/A532.40N/AN/A
Debt Ratios
Debt Ratio
0.030.030.020.020.020.010.020.020.030.030.010.01
Debt Equity Ratio
0.370.360.340.300.280.170.280.380.360.520.250.17
Long-term Debt to Capitalization
0.270.260.250.230.210.140.210.260.260.290.200.14
Total Debt to Capitalization
0.270.260.250.230.220.140.210.270.260.340.200.14
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.98N/A
Cash Flow to Debt Ratio
0.250.560.480.280.570.631.05-0.180.420.451.470.57
Company Equity Multiplier
11.8311.5211.7612.0511.4612.7013.2013.1212.0514.1314.3111.46
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.070.230.120.060.140.060.16-0.050.180.180.190.14
Free Cash Flow / Operating Cash Flow Ratio
10.970.960.900.970.950.971.041.850.960.980.97
Cash Flow Coverage Ratio
0.250.560.480.280.570.631.05-0.180.420.451.470.57
Short Term Coverage Ratio
45126.8719.40N/A36.86N/A21.08-3.23N/A2.4053.0436.86
Dividend Payout Ratio
47.07%40.04%38.00%46.44%42.10%44.78%48.90%32.67%55.25%59.46%51.90%42.10%