Sun Life Financial Inc.

SLF.TOTSXFinancial Services● Active

$102.68

$-0.12(-0.12%)

Market Cap$56.9B

P/E Ratio—

52W High$103.61

52W Low$77.38

Avg Volume1.9M

Open$102.72

Beta0.83

Free Cash Flow Financials Revenue

Sun Life Financial Inc. (SLF.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SLF.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

SLF.TO · FCF · TTM · margin & CAGR

Free cash flow was $2.65B for FY2025 (fiscal year ending 2025-12-31), up 11.1% year-over-year The FCF margin was 6.9%. Five-year CAGR stands at -17.9%.

FY2025 Free Cash Flow$2.65B▲ +11.1% YoY

Trailing 12M (TTM)$7.17Btrailing 4 quarters sum

FCF Margin6.9%$2.65B ÷ revenue

3-Year CAGR-30.8%FY2022 → FY2025

5-Year CAGR-17.9%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SLF.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.80B(145M)$2.65B▲ +11.1%6.9%

FY2024$2.53B(143M)$2.39B▼ 56.1%6.9%

FY2023$5.61B(172M)$5.44B▼ 32.0%15.0%

FY2022$4.31B(3.69B)$8.00B▲ +512.7%233.3%

FY2021−$1.86B(81M)−$1.94B▼ 127.3%-5.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SLF.TO · P/FCF · FCF yield · FCF per share

Sun Life Financial Inc. (SLF.TO) trades at a FCF yield of 12.63% and a price-to-free-cash-flow ratio of 8.1x. FCF per share stands at $12.73, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

12.63%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$12.73

TTM FCF ÷ Shares Outstanding

Price / FCF

x8.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x7.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

SLF.TO · cash flow statement · operating / investing / financing

For FY2025, Sun Life Financial Inc. generated $2.80B in operating cash flow and spent 145M in capital expenditures, yielding $2.65B in free cash flow.

Operating Activities

+$2.80B

Cash from core business operations

2025-12-31

Investing Activities

−$320.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$2.64B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.80B) − |CapEx| (145M) = FCF ($2.65B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

SLF.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Sun Life Financial Inc.YOU

SLF.TO

$2.65B+11.1%6.9%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Sun Life Financial Inc. (SLF.TO) reported free cash flow of $2.65B for FY2025 (fiscal year ending 2025-12-31), up 11.1% year-over-year. The FCF margin was 6.9%.

Based on available data, Sun Life Financial Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $8.00B in FY2022. The 5-year CAGR stands at -17.9%.

Sun Life Financial Inc.'s FCF yield is 12.63% and price-to-FCF ratio is 8.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SLF.TO free cash flow · 8 questions

Sun Life Financial Inc. free cash flow was $2.65B for FY2025, up 11.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $7.17B.

SLF.TO free cash flowSLF.TO FCFSLF.TO FCF 2025SLF.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Sun Life Financial Inc. · Sun Life Financial Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026