Sun Life Financial (SLF) Operating Expenses (2009 - 2026)
Sun Life Financial (SLF) posted Operating Expenses of $1.71 billion for Q2 2026, up 6.4% from $1.61 billion a year earlier but down 12.0% from the prior quarter.
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Analysis
Sun Life Financial (SLF) Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Sun Life Financial was $6.94 billion, up 9.4% year-over-year; for FY2025, it came in at $6.46 billion, up 3.0% from FY2024.
- Annual Operating Expenses has increased for three consecutive years, though with a five-year compound annual growth rate of -26.4% (FY2020 to FY2025).
- In prior years, Sun Life Financial's Operating Expenses was $6.28 billion in FY2024 (+6.9%), $5.87 billion in FY2023 (+12.4%), $5.22 billion in FY2022 and -$47 million in FY2021.
- Quarterly Operating Expenses has run from a low of -$788.27 million in Q4 2022 to a high of $9.3 billion in Q4 2021 over five years.
- On a year-over-year basis, Operating Expenses increased in four of the last eight quarters, with growth averaging 6.0%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2021, with growth of 324.5%; the weakest was Q2 2022, with a decline of 91.7%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $1.95 billion (Q1 2026), $1.69 billion (Q4 2025) and $1.59 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 138.09 Bn | 84.67 Bn | 9.13 Bn | 12.19 Bn |
| 2 | Progressive | 127.57 Bn | 103.40 Bn | 9.04 Bn | 19.40 Bn |
| 3 | Marsh & Mclennan Companies | 89.82 Bn | 81.98 Bn | - | 5.65 Bn |
| 4 | Travelers Companies | 80.92 Bn | 57.17 Bn | 6.23 Bn | 9.39 Bn |
| 5 | Manulife Financial | 75.09 Bn | -19.79 Bn | - | -902.21 Mn |
| 6 | Arthur J. Gallagher | 64.98 Bn | 59.38 Bn | - | 3.59 Bn |
| 7 | Metlife | 64.10 Bn | -42.68 Bn | 7.82 Bn | 18.12 Bn |
| 8 | Allstate | 63.22 Bn | 24.49 Bn | 8.73 Bn | 14.45 Bn |
| 9 | Aon | 61.77 Bn | 54.99 Bn | - | 3.33 Bn |
| 10 | Sun Life Financial | 44.33 Bn | 2.29 Bn | - | 1.71 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.71 Bn |
| Mar 31, 2026 | 1.95 Bn |
| Dec 31, 2025 | 1.69 Bn |
| Sep 30, 2025 | 1.59 Bn |
| Jun 30, 2025 | 1.61 Bn |
| Mar 31, 2025 | 1.57 Bn |
| Dec 31, 2024 | 1.84 Bn |
| Sep 30, 2024 | 1.32 Bn |
| Jun 30, 2024 | 1.61 Bn |
| Mar 31, 2024 | 1.62 Bn |
| Dec 31, 2023 | 1.53 Bn |
| Sep 30, 2023 | 1.49 Bn |
| Jun 30, 2023 | 1.51 Bn |
| Mar 31, 2023 | 1.39 Bn |
| Dec 31, 2022 | -788.27 Mn |
| Sep 30, 2022 | 6.10 Bn |
| Jun 30, 2022 | 769.44 Mn |
| Mar 31, 2022 | -615.79 Mn |
| Dec 31, 2021 | 9.30 Bn |
| Sep 30, 2021 | 5.76 Bn |
API Access
Sun Life Financial Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();