Canada was the largest of Sun Life Financial Inc’s 4 reported lines in fiscal 2021, at $37.72B — 62% of $60.97B.
| Segments [axis] | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|---|---|
| Canada | $30.14B | $40.78B | $43.26B | $37.72B | ||
| Slf Canada | — | — | — | — | ||
| U.S | $10.36B | $16.13B | $16.28B | — | ||
| Slf U.S.(1) | — | — | — | — | ||
| Asia | — | — | $15.74B | $10.19B | ||
| Asset Management | $358.00M | $652.00M | $9.01B | $12.18B | ||
| Slf Asset Management | — | — | — | — | ||
| Corporate | $478.00M | $2.06B | $1.45B | $888.00M | ||
| Total | $41.33B | $59.62B | $85.74B | $60.97B |
In fiscal 2021, which ended December 31, 2021, the 4 segments Sun Life Financial Inc reported in this breakdown added up to $60.97B. The segments reported changed from fiscal 2020, so the total is not directly comparable with the $85.74B reported that year. Canada was the largest segment, at $37.72B or 61.9% of the total, followed by Asset Management ($12.18B, 20.0%) and Asia ($10.19B, 16.7%). Together, the two largest segments made up 81.8% of this total.
Compared with fiscal 2020, Asset Management grew the fastest, rising 35.1% to $12.18B. Asia fell the most, down 35.3% to $10.19B. Because segments were added or dropped between the two years, part of this reflects how Sun Life Financial Inc regrouped its reporting.
Asia was first reported as a separate segment in fiscal 2020. The table also keeps 4 segments that Sun Life Financial Inc no longer reports, so earlier years can still be read on their original basis; use "Show 4 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2016 to 2021, as reported in Sun Life Financial Inc's annual filings.
Sun Life Financial Inc (SLF) breaks its revenue down by segment. In fiscal 2021, its largest segment was Canada, with $37.72B or 61.9% of the total, followed by Asset Management at $12.18B (20.0%).
Canada was Sun Life Financial Inc's largest segment in fiscal 2021, with $37.72B in revenue, 61.9% of the $60.97B reported across its 4 segments.
Every figure is taken from Sun Life Financial Inc's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by segment covers fiscal 2016 to 2021. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.