Pricing Log in Create free account
Saturday 17 October 2026 Export FG’s income statement to Excel — free account

F&G Annuities & Life, Inc.

FG Financial Insurance Life

F&G Annuities & Life, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.7 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 4.18%, EPS fell 338.5%, free cash flow fell 8.11% and total debt was flat, each against the same quarter a year earlier. Dividend growth for three consecutive years; insiders bought in the last twelve months.

19.56 0.05 −0.25%
Market cap
$2.6B
P/E
6.5×
Fwd P/E
5.8×
Dividend yield
5.11%
F-score
5/9
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

Total buys 0.61
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 1 — 1 — 2 — — — — — 1 —
Sell — — — — — — — — — — — —
Insider Ownership 2.00%

Capital & Financial Ratios $m

Market Cap 2,570.00
Revenue 6,067.00
Net Income 424.00
Free Cash Flow 4,325.00
Net Debt 136.00
Current Ratio 0.30
Debt/Equity 0.48
P/E ratio 6.52
Fwd P/E 5.82
P/S ratio 0.42
P/B ratio 0.54
Past 5Y EPS Growth —
This Y EPS Growth (20.05%) (below 0%: weak)
Next Y EPS Growth 59.11% (at or above 15%: strong)
Next Y revenue growth (94.79%) (below 0%: weak)
Next 5Y EPS Growth 12.59%

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

Valuation vs history

P/E against its own 10 years 9.55%
10-year low 10-year high
P/S against its own 10 years 0.63%
10-year low 10-year high
P/B against its own 10 years 1.33%
10-year low 10-year high

Dividends

Payout Ratio 0.34
Annual Dividend Rate 1.00
Annual Dividend Yield 5.11%
total individual payouts
2026 0.75
0.25
0.25
0.25
2025 0.20
0.22
0.22
0.22
0.25
2024 0.85
0.21
0.21
0.21
0.22
2023 0.81
0.20
0.20
0.20
0.21
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,563 2,264 1,486 2,103
Receivables 8,987 13,369 17,628 20,957
Inventory — — — —
Other — — — —
10,550 15,633 19,114 23,060
2023 2024 2025 Q'26
Payables 9,061 10,968 13,456 13,702
ST’ Debt — — — —
Other 48,798 56,404 62,726 64,398
57,859 67,372 76,182 78,100

Compound Annual Growth %

10y 5y 3y
Sales — 32.79% 34.62%
Cash Flow — 136.70% 13.86%
Earnings — 0.00% (26.90%)
Book Value — 0.00% 26.92%

Revenue $m

Mar Jun Sep Dec Year
’26 1,187 1,421 — — —
’25 908 1,364 1,694 1,765 5,731
’24 1,569 1,172 1,444 1,559 5,744
’23 869 1,168 851 1,612 4,500
’22 750 70 902 623 2,349
’21 — — — — 3,974
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 743 1,487 — — —
’25 956 1,620 937 1,168 4,681
’24 1,534 1,055 2,090 1,320 5,999
’23 1,437 1,380 795 2,222 5,834
’22 423 305 1,160 1,283 3,171
’21 — — — 1,871 1,871
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 741 1,485 — — —
’25 951 1,616 934 1,165 4,666
’24 1,527 1,050 2,083 1,315 5,975
’23 1,431 1,372 788 2,216 5,807
’22 412 296 1,153 1,278 3,139
’21 — — — 1,838 1,838
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.78 (0.62) — — —
’25 (0.20) 0.26 0.85 0.92 1.88
’24 0.88 1.55 (0.08) 2.50 4.88
’23 (1.56) 1.04 2.45 (2.41) (0.47)
’22 2.28 3.60 1.50 (0.80) 4.18
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — 9.03 14.76 34.90 28.70

Analyst estimates 2026–2028

Powerpack
High — — — — — — 35.00 48.14 50.75 47.76
People
People Employees — — — — — — 872 1,165 1,338 1,173
Revenue/emp, $m — — — — 0.00 0.00 2.69 3.86 4.29 4.89
Income, $m
Income, $m Revenue — — — — 1,388 3,974 2,349 4,500 5,744 5,731
Gross margin, % — — — — 16.14 52.49 59.81 18.93 34.44 27.94
EBT — — — — (128) 1,552 793 (35) 778 323
EBT margin, % — — — — (9.22) 39.05 33.76 (0.78) 13.54 5.64
Net income — — — — (178) 1,240 635 (58) 642 271
Depreciation — — — — 72 271 324 412 569 665
Per share, $
Per share, $ Revenue — — — — 0.00 37.85 20.43 36.29 45.95 43.75
Earnings — — — — — 11.81 4.18 (0.47) 4.98 1.89
Cash flow — — — — 0.00 17.82 27.57 47.05 47.99 35.73
Capex — — — — 0.00 (0.31) (0.28) (0.22) (0.19) (0.11)
Free cash flow — — — — 0.00 17.50 27.30 46.83 47.80 35.62
Book value — — — — 0.00 42.71 20.91 25.02 32.61 37.53
Shares, m — — — — — 105 115 124 125 131
Valuation, ×
Valuation, × P/E — — — — 3.05 3.05 3.05 0.00 8.29 16.68
P/S — — — — 0.00 0.00 1.07 1.25 0.90 0.71
P/B — — — — 0.47 0.47 1.04 1.81 1.27 0.82
EV/Sales — — — — 0.00 0.00 1.14 1.29 0.89 0.84
EV/FCF — — — — 0.42 0.42 0.85 1.00 0.85 1.03
Cash, $m
Cash, $m Operating cash flow — — — — 63 1,871 3,171 5,834 5,999 4,681
Capex — — — — (28) (33) (32) (27) (24) (15)
Free cash flow — — — — 35 1,838 3,139 5,807 5,975 4,666
Balance, $m
Balance, $m Working capital — — — — — (36,358) (40,719) (47,309) (51,739) (57,068)
Total debt — — — — — 977 1,114 1,754 2,171 2,237
Net debt — — — — — (556) 154 191 (93) 751
Shareholders’ equity — — — — — 4,485 2,405 3,103 4,076 4,917
Returns, %
Returns, % ROA — — — — 0.00 5.09 1.23 (0.09) 0.80 0.27
ROIC — — — — 0.00 25.15 20.08 1.18 14.28 5.37
ROE — — — — 0.00 0.00 18.43 (2.11) 17.33 5.52
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

F&G Annuities & Life, Inc. vs peers in Insurance Life (Q) = latest quarter vs a year earlier

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% Compare
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%)
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× +11.96% +32.61% +2.97% 41.65% 29.96%

All 17 Insurance Life stocks →

F&G Annuities & Life, Inc. (FG) key facts

  • F&G Annuities & Life, Inc. (FG) is an Insurance Life company in the Financial sector, listed on the New York Stock Exchange.
  • F&G Annuities & Life, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.7 billion, roughly unchanged from fiscal 2024.
  • As of October 16, 2026, FG traded at $19.56, a market capitalization of $2.6 billion.
  • F&G Annuities & Life, Inc. pays an annual dividend of $1.00 per share, a yield of 5.11%, with a payout ratio of 34.1%.
  • Return on equity was 5.52% and debt-to-equity 0.48.
  • Its Piotroski F-score is 5 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

F&G Annuities & Life, Inc. (FG) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/FG · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com