Sun Life Financial (SLFIF) Gross Margin (2009 - 2020)
Sun Life Financial's (SLFIF) quarterly Gross Margin came in at 99.03% in Q4 2020, down 3.0% year-over-year from 102.1% in Q1 2020, and little changed quarter-over-quarter from 99.06% in Q4 2019.
Analysis
Sun Life Financial (SLFIF) Gross Margin (2009 - 2020) Analysis & Trends
Sun Life Financial (SLFIF) has reported Gross Margin for 11 consecutive years, with 99.03% the latest figure, recorded in Q4 2020.
- On a quarterly basis, Gross Margin fell 3.0% year-over-year to 99.03% in Q4 2020; TTM through Dec 2020 was 77.82%, a 1947.0% increase from a year earlier, with the FY2020 full-year figure at 99.81%, up 1.0% from the prior year.
- Gross Margin was 99.03% for Q4 2020 at Sun Life Financial, roughly flat from 99.06% in the prior quarter.
- Over five years, Gross Margin peaked at 99.06% in Q4 2019 and troughed at 96.28% in Q4 2016.
- A 5-year average of 98.32% and a median of 98.89% in 2018 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 1936 bps in 2016 and dropped 3 bps in 2020, its largest moves.
- Over 5 years, Gross Margin stood at 96.28% in 2016, then grew by 2 bps to 98.33% in 2017, then gained by 1 bps to 98.89% in 2018, then climbed by 0 bps to 99.06% in 2019, then dropped by 0 bps to 99.03% in 2020.
- The last three Gross Margin figures came in at 99.03% (Q4 2020), 99.06% (Q4 2019), and 98.89% (Q4 2018), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Metlife | 61.33 Bn | 34.02 Bn | 7.82 Bn | 40.82% |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | - |
| 3 | Equitable Holdings | 14.49 Bn | -4.44 Bn | 1.22 Bn | 73.76% |
| 4 | Jackson Financial | 9.69 Bn | 3.70 Bn | - | - |
| 5 | Corebridge Financial | 9.42 Bn | -296.20 Bn | 2.79 Bn | 71.38% |
| 6 | Primerica | 8.96 Bn | 8.33 Bn | 717.74 Mn | 82.97% |
| 7 | Brookfield Wealth Solutions | 8.69 Bn | -4.09 Bn | 1.92 Bn | 45.41% |
| 8 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | - |
| 9 | Lincoln National | 8.39 Bn | -3.29 Bn | 2.62 Bn | 57.73% |
| 10 | Prudential Financial | 5.24 Bn | -26.68 Bn | 7.91 Bn | 50.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 99.03% |
| Dec 31, 2019 | 99.06% |
| Dec 31, 2018 | 98.89% |
| Dec 31, 2017 | 98.33% |
| Dec 31, 2016 | 96.28% |
| Dec 31, 2015 | 76.92% |
| Dec 31, 2014 | 82.93% |
| Dec 31, 2013 | 71.27% |
| Dec 31, 2011 | -13.62% |
| Dec 31, 2010 | 76.53% |
| Jun 30, 2009 | 99.85% |
| Mar 31, 2009 | 99.91% |