Sun Life Financial (SLFIF) Restructuring Costs (2011 - 2024)
Sun Life Financial's (SLFIF) quarterly Restructuring Costs came in at -$10.0 million in Q4 2024, down 13.7% year-over-year from -$11.6 million in Q1 2024, and down 104.25% quarter-over-quarter from $236.0 million in Q3 2024.
Analysis
Sun Life Financial (SLFIF) Restructuring Costs (2011 - 2024) Analysis & Trends
Sun Life Financial (SLFIF) has reported Restructuring Costs for 12 consecutive years, with -$10.0 million the latest figure, recorded in Q4 2024.
- On a quarterly basis, Restructuring Costs fell 13.7% year-over-year to -$10.0 million in Q4 2024; TTM through Dec 2024 was $173.9 million, a 305.42% increase from a year earlier, with the FY2024 full-year figure at -$10.0 million, down 13.7% from the prior year.
- Restructuring Costs was -$10.0 million for Q4 2024 at Sun Life Financial, down from $236.0 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $236.0 million in Q3 2024 and troughed at -$154.7 million in Q4 2021.
- A 5-year average of -$21.6 million and a median of -$19.7 million in 2021 frame the typical range for Restructuring Costs.
- Across the five-year window, Restructuring Costs sank 10184.06% in 2021 and surged 645.59% in 2024, its largest moves.
- Over 5 years, Restructuring Costs stood at $1.5 million in 2020, then slumped by 10184.06% to -$154.7 million in 2021, then surged by 87.62% to -$19.2 million in 2022, then surged by 53.98% to -$8.8 million in 2023, then decreased by 13.7% to -$10.0 million in 2024.
- The last three Restructuring Costs figures came in at -$10.0 million (Q4 2024), $236.0 million (Q3 2024), and -$8.8 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Metlife | 61.22 Bn | 33.90 Bn | 7.82 Bn |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - |
| 3 | Equitable Holdings | 14.47 Bn | -4.47 Bn | 1.22 Bn |
| 4 | Jackson Financial | 9.68 Bn | 3.69 Bn | - |
| 5 | Corebridge Financial | 9.40 Bn | -296.23 Bn | 2.79 Bn |
| 6 | Primerica | 8.99 Bn | 8.36 Bn | 717.74 Mn |
| 7 | Brookfield Wealth Solutions | 8.68 Bn | -4.10 Bn | 1.92 Bn |
| 8 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - |
| 9 | Lincoln National | 8.42 Bn | -3.26 Bn | 2.62 Bn |
| 10 | Prudential Financial | 5.26 Bn | -26.66 Bn | 7.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -10.02 Mn |
| Sep 30, 2024 | 236.04 Mn |
| Dec 31, 2023 | -8.81 Mn |
| Sep 30, 2023 | -43.26 Mn |
| Jun 30, 2023 | -8.19 Mn |
| Mar 31, 2023 | -24.41 Mn |
| Dec 31, 2022 | -19.15 Mn |
| Sep 30, 2022 | -89.71 Mn |
| Jun 30, 2022 | -14.12 Mn |
| Mar 31, 2022 | -33.95 Mn |
| Dec 31, 2021 | -154.70 Mn |
| Sep 30, 2021 | -7.15 Mn |
| Jun 30, 2021 | -20.34 Mn |
| Mar 31, 2021 | -84.54 Mn |
| Dec 31, 2020 | 1.53 Mn |
| Sep 30, 2020 | -8.25 Mn |
| Jun 30, 2020 | -46.88 Mn |
| Mar 31, 2020 | -52.21 Mn |
| Dec 31, 2019 | -38.63 Mn |
| Sep 30, 2019 | 191.68 Mn |