Jackson Financial Inc. (JXN) vs Primerica, Inc. (PRI)

Jackson Financial Inc. and Primerica, Inc. are both Insurance Life companies. Jackson Financial Inc. and Primerica, Inc. are of similar size ($8.9B and $8.7B). Primerica, Inc. trades at the lower P/E: 11.3× against 176×. Jackson Financial Inc. grew revenue faster over the last twelve months: 15.1% against 8.57%. Primerica, Inc. has the higher net margin (23.2% vs 0.91%) and the higher return on invested capital (17.9% vs −0.13%). Both pay a dividend; Jackson Financial Inc. yields more (2.68% vs 1.64%). Across the 21 metrics below, Primerica, Inc. leads on 12 and Jackson Financial Inc. on 9.

Valuation

Metric JXN PRI Insurance Life median
P/E 176.46 11.34 12.80
P/S 1.42 2.57 0.76
P/B 0.92 3.50 1.09
Price to free cash flow 1.56 10.48 7.67
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 0.57% 8.82% 7.81%
Free cash flow yield 64.23% 9.54% 11.89%

Profitability

Metric JXN PRI Insurance Life median
Gross margin 22.15% 81.38% 32.44%
Operating margin 1.25% 30.60% 11.31%
Net margin 0.91% 23.20% 6.61%
Free cash flow margin 90.90% 24.54% 15.04%
Return on equity 0.59% 32.97% 8.67%
Return on assets 0.02% 5.38% 0.67%
Return on invested capital (0.13%) 17.86% 8.20%

Growth

Metric JXN PRI Insurance Life median
Revenue growth (TTM) 15.09% 8.57% 7.91%
EPS growth (last fiscal year) (102.04%) 67.10% (20.59%)
Revenue growth, 5-year CAGR 13.51% 8.22% 1.08%
Net income growth, 5-year CAGR 0.00% 14.33% 0.00%

Health

Metric JXN PRI Insurance Life median
Debt to equity 0.50 0.66 0.48
Current ratio 0.25 0.33 0.21
Net debt to EBITDA 20.68 0.76 0.12

Dividend

Metric JXN PRI Insurance Life median
Dividend yield 2.68% 1.64% 2.17%
Payout ratio 4.93 0.19 0.26

Size

Metric JXN PRI Insurance Life median
Market cap 8.91b 8.65b 7.66b

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