Brighthouse Financial, Inc.

BHF Financial Insurance Life

Brighthouse Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.8 billion, up 43.2% from fiscal 2024.

Revenue
−53.0%
EPS
−34.0%
Free cash flow
−506.8%
Total debt
−0.06%

Quarter to September 2026, against a year earlier

41.05 1.40 −3.30%
Market cap
$2.4B
P/E
4.2×
Fwd P/E
3.4×
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Brighthouse Financial, Inc. (BHF) Free cash flow margin

Alert me on Free cash flow margin

Brighthouse Financial, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was −19.9%, down 23.7 percentage points from fiscal 2025 (3.83%). Over the past ten years it has ranged from −17.9% (fiscal 2022) to 123.8% (fiscal 2016); the current reading is higher than 36% of that period. That is below the Insurance Life industry median of 15.4% and below the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 3.83% 9.97
FY2024 −6.14% (2.81)
FY2023 −3.33% 14.54
FY2022 −17.9% (30.75)
FY2021 12.9% 2.44
FY2020 10.4% (17.45)
FY2019 27.9% (6.27)
FY2018 34.2% (15.47)
FY2017 49.6% (74.16)
FY2016 123.8% 71.70

Against its own ten years

Low −17.9% High 123.8%
Ten-year median 12.9%
Current reading's percentile 36

Free cash flow margin against peers

Company Free cash flow margin
JXN Jackson Financial Inc. compare 89.9%
FG F&G Annuities & Life, Inc. compare 71.3%
ABX Abacus Global Management, Inc. compare 33.1%
PRI Primerica, Inc. compare 26.7%
UNM Unum Group compare 13.0%
GNW Genworth Financial, Inc. compare 6.11%
LNC Lincoln National Corporation compare 3.40%
CNO CNO Financial Group, Inc. compare 0.00%
BHF Brighthouse Financial, Inc. −19.9%
Insurance Life industry median 15.4%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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