Sun Life Financial Inc. (SLF)
NYSE: SLF · Real-Time Price · USD
73.77
+0.21 (0.29%)
Nov 11, 2026, 4:00 PM EST - Market closed
Sun Life Financial Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 3,070 | 3,551 | 3,129 | 3,165 | 2,941 | 4,035 |
Depreciation & Amortization | 470 | 513 | 521 | 480 | 415 | 359 |
Other Amortization | 178 | 178 | 218 | 113 | 113 | 79 |
Gain (Loss) on Sale of Investments | 6,966 | -765 | 129 | -4,657 | 26,582 | 1,639 |
Reinsurance Recoverable | 288 | 25 | -136 | 10 | 593 | 86 |
Change in Insurance Reserves / Liabilities | -4,422 | 3,219 | 2,133 | 6,769 | -25,041 | 2,415 |
Change in Other Net Operating Assets | 277 | 323 | 393 | 331 | 152 | - |
Other Operating Activities | -2,176 | -3,822 | -3,590 | -560 | -1,595 | -10,565 |
Operating Cash Flow | 4,104 | 2,799 | 2,532 | 5,612 | 4,311 | -1,857 |
Operating Cash Flow Growth | 85.70% | 10.54% | -54.88% | 30.18% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -119 | -145 | -143 | -172 | - | -81 |
Sale of Property, Plant & Equipment | - | - | - | - | 71 | - |
Cash Acquisitions | -82 | 25 | - | -439 | -2,633 | -412 |
Investment in Securities | -113 | -44 | -17 | -75 | -69 | -29 |
Other Investing Activities | -162 | -156 | -177 | -170 | -232 | -281 |
Investing Cash Flow | -476 | -320 | -337 | -559 | -2,863 | -803 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 2,019 | 769 | 638 | 2,432 | 2,131 |
Total Debt Repaid | -169 | -488 | -1,265 | -1,248 | -570 | -793 |
Lease Payments | -165 | -180 | -175 | -176 | -136 | -143 |
Net Debt Issued (Repaid) | 1,781 | 1,531 | -496 | -610 | 1,862 | 1,338 |
Issuance of Common Stock | 73 | 37 | 43 | 49 | 6 | 36 |
Repurchases of Common Stock | -722 | -1,707 | -855 | -186 | - | - |
Issuance of Preferred Stock | - | - | - | - | - | 987 |
Repurchases of Preferred Stock | - | - | - | - | - | -1,025 |
Common & Preferred Dividends Paid | -2,174 | -2,064 | -1,962 | -1,882 | -1,671 | -1,428 |
Total Dividends Paid | -2,174 | -2,064 | -1,962 | -1,882 | -1,671 | -1,428 |
Other Financing Activities | -2,856 | -433 | -612 | -457 | -268 | -168 |
Financing Cash Flow | -3,898 | -2,636 | -3,882 | -3,086 | -71 | -260 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 70 | -198 | 471 | -169 | 302 | -35 |
Net Cash Flow | -200 | -355 | -1,216 | 1,798 | 1,679 | -2,955 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 3,985 | 2,654 | 2,389 | 5,440 | 4,311 | -1,938 |
Free Cash Flow Growth | 92.42% | 11.09% | -56.08% | 26.19% | - | - |
Free Cash Flow Margin | 11.20% | 7.61% | 7.22% | 17.63% | 15.53% | -5.43% |
Free Cash Flow Per Share | 7.12 | 4.69 | 4.11 | 9.24 | 7.32 | -3.29 |
Levered Free Cash Flow | -7,812 | -4,226 | -7,932 | 2,018 | 25,201 | 2,809 |
Unlevered Free Cash Flow | -7,461 | -3,897 | -7,517 | 2,363 | 25,479 | 3,013 |
Free Cash Flow After Leases | 3,820 | 2,474 | 2,214 | 5,264 | 4,175 | -2,081 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 439 | 355 | 389 | 405 | 270 | 187 |
Cash Income Tax Paid | 1,014 | 978 | 1,138 | 1,240 | 795 | 1,028 |
Change in Working Capital | -3,857 | 3,567 | 2,390 | 7,110 | -24,296 | 2,501 |