Saturday 17 October 2026 Export BHF’s income statement to Excel — free account

Brighthouse Financial, Inc.

Brighthouse Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.8 billion, up 43.2% from fiscal 2024. In the quarter to June 2026, revenue grew 86.2%, EPS grew 1,520.6%, free cash flow fell 43,000.0% and total debt was flat, each against the same quarter a year earlier.

47.77 0.93 −1.91%

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Market cap: $2.8B
P/E: 3.8×
Fwd P/E: 3.3×
Dividend yield: —
F-score: n/a
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 1.44%

Capital & Financial Ratios $m

Market Cap 2,800.00

Revenue 6,654.00

Net Income 438.00

Free Cash Flow (538.00)

Net Debt (3,951.00)

Current Ratio 0.87

Debt/Equity 0.48

P/E ratio 3.81

Fwd P/E 3.34

P/S ratio 0.41

P/B ratio 0.42

Past 5Y EPS Growth —

This Y EPS Growth (34.02%)

Next Y EPS Growth 4.13%

Next Y revenue growth 27.96%

Next 5Y EPS Growth (12.34%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 44.10%

10-year low 10-year high

P/S against its own 10 years 12.43%

10-year low 10-year high

P/B against its own 10 years 48.22%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	3,851	5,045	5,387	7,105
Receivables	19,761	21,126	21,579	20,757
Inventory	—	—	—	—
Other	—	—	—	—
	23,612	26,171	26,966	27,862

	2022	2023	2024	Q'26
Payables	31,497	32,569	31,475	31,940
ST’ Debt	—	—	—	—
Other	—	—	—	—
	31,497	32,569	31,475	31,940

Compound Annual Growth %

	10y	5y	3y
Sales	(2.69%)	(4.47%)	(0.52%)
Cash Flow	(25.05%)	(21.84%)	0.00%
Earnings	(11.47%)	0.00%	(55.57%)
Book Value	0.00%	(17.69%)	6.87%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,527	1,622	—	—	—
’25	2,390	871	1,816	1,689	6,766
’24	74	1,427	2,018	1,205	4,724
’23	1,284	263	1,170	1,400	4,117
’22	2,013	3,866	1,121	(127)	6,873
’21	938	1,676	2,512	(150)	4,976
’20	8,985	(922)	309	131	8,503

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(221)	(431)	—	—	—
’25	146	(1)	117	(3)	259
’24	(530)	334	24	(118)	(290)
’23	(500)	(128)	339	152	(137)
’22	(199)	159	(962)	(226)	(1,228)
’21	(104)	173	575	(3)	641
’20	96	371	48	373	888

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(221)	(431)	—	—	—
’25	146	(1)	117	(3)	259
’24	(530)	334	24	(118)	(290)
’23	(500)	(128)	339	152	(137)
’22	(199)	159	(962)	(226)	(1,228)
’21	(104)	173	575	(3)	641
’20	96	371	48	373	888

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(13.82)	16.53	—	—	—
’25	(5.04)	1.02	7.89	1.93	5.71
’24	(8.22)	0.12	2.47	10.79	4.64
’23	(7.72)	(3.01)	6.89	(14.70)	(18.39)
’22	20.48	23.28	5.77	(14.01)	52.79
’21	(6.96)	0.11	4.34	21.18	19.51
’20	47.11	(21.10)	(32.49)	(11.69)	(11.58)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	52.75	28.52	29.74	12.05	34.86	38.38	39.24	40.00	42.07	Analyst estimates 2026–2028 Powerpack
	High	—	75.00	67.55	44.12	48.25	56.90	62.33	60.54	54.73	66.33
People
People	Employees	—	1,260	1,260	1,330	1,400	1,500	1,500	1,500	1,400	1,400
	Revenue/emp, $m	0.00	5.43	7.12	4.93	6.07	3.32	4.58	2.74	3.37	4.83
Income, $m
Income, $m	Revenue	3,018	6,842	8,965	6,554	8,503	4,976	6,873	4,117	4,724	6,766
	Gross margin, %	(67.93)	30.62	51.47	27.78	19.99	102.39	108.34	27.28	62.81	44.95
	EBT	(4,705)	(615)	989	(1,052)	(1,419)	2,009	4,732	(1,474)	422	474
	EBT margin, %	(155.90)	(8.99)	11.03	(16.05)	(16.69)	40.37	68.85	(35.80)	8.93	7.01
	Net income	(2,939)	(378)	870	(735)	(1,056)	1,648	3,884	(1,107)	393	438
	Depreciation	(57)	(276)	(264)	(283)	(260)	(254)	(233)	(282)	(330)	(320)
Per share, $
Per share, $	Revenue	25.20	57.12	75.09	58.25	89.18	59.39	94.19	62.37	77.19	117.62
	Earnings	(24.54)	(3.16)	7.21	(6.76)	(11.58)	19.67	53.23	(18.39)	4.64	5.71
	Cash flow	31.19	28.35	25.65	16.25	9.31	7.65	(16.83)	(2.08)	(4.74)	4.50
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	31.19	28.35	25.65	16.25	9.31	7.65	(16.83)	(2.08)	(4.74)	4.50
	Book value	124.08	121.73	121.31	144.32	189.70	193.44	76.72	75.86	82.09	118.78
	Shares, m	120	120	119	113	95	84	73	66	61	58
Valuation, ×
Valuation, ×	P/E	0.00	0.00	4.17	0.00	0.00	2.76	1.42	0.00	9.31	11.17
	P/S	0.34	1.01	0.41	0.67	0.41	0.87	0.54	0.85	0.62	0.55
	P/B	0.09	0.47	0.25	0.27	0.19	0.27	0.67	0.70	0.59	0.55
	EV/Sales	0.00	1.27	0.39	0.90	0.33	0.61	0.40	0.68	0.22	0.22
	EV/FCF	0.00	2.55	1.13	3.23	3.13	4.72	(2.25)	(20.38)	(3.62)	5.77
Cash, $m
Cash, $m	Operating cash flow	3,736	3,396	3,062	1,828	888	641	(1,228)	(137)	(290)	259
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	3,736	3,396	3,062	1,828	888	641	(1,228)	(137)	(290)	259
Balance, $m
Balance, $m	Working capital	(13,497)	(21,234)	(18,367)	(22,049)	(24,182)	(23,239)	(8,834)	(8,957)	(5,304)	26,966
	Total debt	1,910	3,612	3,963	4,365	3,436	3,157	3,156	3,156	3,155	3,155
	Net debt	(3,318)	1,755	(182)	1,488	(672)	(1,317)	(959)	(695)	(1,890)	(2,232)
	Shareholders’ equity	14,862	14,580	14,483	16,237	18,088	16,207	5,598	5,008	5,024	6,833
Returns, %
Returns, %	ROA	(2.65)	(0.17)	0.40	(0.35)	(0.47)	0.61	1.56	(0.53)	0.12	0.14
	ROIC	(25.47)	(2.35)	4.32	(3.71)	(5.09)	8.43	63.75	(21.36)	8.42	6.44
	ROE	(20.01)	(2.57)	5.95	(4.95)	(6.44)	9.06	34.63	(22.89)	5.70	5.58

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
GL Globe Life Inc.	$12.9B	11.0×	10.3×	+8.00% (above 0%: growing)	+20.06% (above 0%: growing)	+0.88% (above 0%: growing)	39.24%	24.44%	Compare
JXN Jackson Financial Inc.	$8.9B	176×	13.1×	+135.67% (above 0%: growing)	+292.31% (above 0%: growing)	+57.63% (above 0%: growing)	(630.95%)	411.90%	Compare
PRI Primerica, Inc.	$8.7B	11.3×	10.9×	+9.04% (above 0%: growing)	+19.41% (above 0%: growing)	+5.06% (above 0%: growing)	82.88%	30.52%	Compare
LNC Lincoln National Corporation	$7.7B	3.4×	7.0×	+12.31% (above 0%: growing)	+76.55% (above 0%: growing)	−155.08% (below 0%: shrinking)	37.98%	37.98%	Compare
CNO CNO Financial Group, Inc.	$5.1B	18.4×	13.0×	+11.61% (above 0%: growing)	+45.16% (above 0%: growing)	+7.63% (above 0%: growing)	44.06%	16.73%	Compare
GNW Genworth Financial, Inc.	$3.4B	17.1×	26.2×	+5.85% (above 0%: growing)	0.00%	+766.67% (above 0%: growing)	30.09%	7.10%	Compare
BHF Brighthouse Financial, Inc.	$2.8B	3.8×	3.3×	+86.22% (above 0%: growing)	+1,520.59% (above 0%: growing)	−43,000.00% (below 0%: shrinking)	115.29%	75.59%
FG F&G Annuities & Life, Inc.	$2.6B	6.5×	5.8×	+4.18% (above 0%: growing)	n/m	−8.11% (below 0%: shrinking)	16.89%	(3.73%)	Compare
ABX Abacus Global Management, Inc.	$774.5M	27.9×	—	+29.87% (above 0%: growing)	−61.11% (below 0%: shrinking)	−49.65% (below 0%: shrinking)	87.59%	29.41%	Compare
Median of peers	$6.4B	14.2×	10.9×	+10.33%	+20.06%	+2.97%	38.61%	26.93%

All 17 Insurance Life stocks →

Brighthouse Financial, Inc. (BHF) key facts

Strength: Brighthouse Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.8 billion, up 43.2% from fiscal 2024.
Brighthouse Financial, Inc. (BHF) is an Insurance Life company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, BHF traded at $47.77, a market capitalization of $2.8 billion.
Return on equity was 5.58% and debt-to-equity 0.48.

Source: company filings (standardised) and stockrow calculations.