• Unum Group average debt/equity ratio for 2024 was 0.33, a 10.81% decline from 2023.
• Unum Group average debt/equity ratio for 2023 was 0.37, a 0% decline from 2022.
• Unum Group average debt/equity ratio for 2022 was 0.37, a 19.35% decline from 2021.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.