Jackson Financial Inc. JXN R2K

Financial Services · Insurance - Life · United States

https://www.jackson.com

Jackson Financial Inc., through its subsidiaries, provides suite of annuities to retail investors in the United States. It operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts; funding agreements backed by commercial paper; funding agreements comprising agreements issued in conjunction with its participation in the U.S. federal home loan bank program; and medium-term funding agreement-backed notes. The Closed Life and Annuity Blocks segment offers various protection products, such as whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities. The company also provides investment management services. It sells its products through a distribution network that includes independent broker-dealers, wirehouses, regional broker-dealers, banks, independent registered investment advisors, third-party platforms, and insurance agents. The company was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. Jackson Financial Inc. was incorporated in 2006 and is headquartered in Lansing, Michigan.

Market & Price

Market Cap

$7.19B

Current Price

$103.11

High / Low (52W)

$121.16 / $78.98

Beta

1.40

Valuation

Stock P/E

Industry PE

12.01

Forward P/E

3.98

PEG Ratio

Book Value

$140.96

Price to Book

0.73

P/S

1.22

EV/EBITDA

Dividend Yield

3.49%

Profitability & Returns

ROCE

ROE

-3.23%

ROA

-0.06%

Profit Margin

-6.31%

Op Margin

44.62%

EPS (Latest Qtr)

$-6.24

EPS (TTM)

$-6.00

Balance Sheet & Liquidity

Debt/Equity

0.51

Quick Ratio

0.28

Current Ratio

1.67

Debt

$5.07B

Total Assets

$352.59B

Current Assets

Working Capital

Ownership

Promoter Holding

1.64%

Chg in Prom Hold

FII / Inst Holding

96.60%

Chg in FII Hold

-0.00%

Financial Snapshot

Enterprise Value

$7.66B

Total Revenue (TTM)

$5.91B

EBITDA

Free Cash Flow

$537.50M

Operating Cash Flow

$5.21B

Shares Outstanding

69.74M

Gross Margin

43.35%

Payout Ratio

43.36%

Growth (CAGR)

Revenue 5Y

-12.50%

Profit 5Y

-83.66%

Revenue (YoY)

-22.60%

Earnings (YoY)

PROS

Attractive dividend yield of 3.49%.
Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

Revenue declined at -12.5% CAGR over 5 years.
Earnings shrank at -83.7% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Financial Services).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	JXN Jackson Financial Inc. R2K	103.11	-	$7.19B	3.49%	-	-3.23%	-12.50%	-83.66%
2	JPM JPMorgan Chase & Co. SPX	299.31	14.33	$802.00B	2.00%	-	16.47%	12.50%	14.83%
3	V Visa Inc. SPX	326.36	28.48	$620.65B	0.82%	38.38%	60.35%	10.92%	10.28%
4	MA Mastercard Incorporated SPX	493.98	28.57	$436.47B	0.70%	61.47%	-	13.82%	14.66%
5	MS Morgan Stanley SPX	208.00	18.84	$328.08B	1.92%	-	16.39%	9.52%	15.20%
6	GS The Goldman Sachs Group, Inc. SPX	1,025.56	18.73	$302.55B	1.76%	-	14.55%	7.16%	15.11%
7	WFC Wells Fargo & Company SPX	77.54	11.98	$237.29B	2.32%	-	12.03%	4.02%	15.98%
8	BLK BlackRock, Inc. SPX	1,046.88	26.32	$162.51B	2.19%	4.89%	11.90%	10.65%	2.36%
9	SCHW The Charles Schwab Corporation SPX	87.35	17.37	$151.91B	1.47%	-	19.08%	4.83%	7.21%

Quarterly Results

Figures in USD.

Metric	Jun 2020	Sep 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-2.33B	111.10M	5.61B	341.00M	1.57B	1.73B	2.22B	6.69B	2.96B	-381.00M	-764.00M	380.00M	2.58B	-322.00M	1.25B	2.12B	3.72B	-483.00M	1.35B	1.92B	2.91B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	509.40M	-	-	760.80M	-	-	-	-	-	-	-	-	-	-	-	-	8.00M	214.00M	97.00M	-333.00M	-375.00M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25.00M	25.00M	25.00M	25.00M	25.00M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17.00M	189.00M	72.00M	-358.00M	-400.00M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00M	4.00M	-19.00M	-172.00M	20.00M
Net Income	-3.11B	-396.60M	2.93B	-540.00M	206.00M	585.00M	2.19B	3.26B	1.88B	-710.00M	-1.50B	1.22B	2.77B	795.00M	275.00M	-469.00M	-24.00M	179.00M	76.00M	-204.00M	-424.00M
Diluted EPS	-69.98	-4.28	31.03	-5.72	2.18	6.19	24.39	36.59	21.38	-8.48	-18.11	14.21	33.35	9.94	3.43	-6.37	-0.48	2.34	0.92	-3.13	-6.24

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	3.48B	3.55B	-	9.72B	3.17B	3.09B	6.51B
Cost of Revenue	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-
Operating Income	-	-	-	7.83B	1.07B	1.12B	-14.00M
EBITDA	-	-	-	-	-	-	-
Interest Expense	-	-	-	98.00M	109.00M	101.00M	100.00M
Pretax Income	-	-	-	7.73B	958.00M	1.02B	-114.00M
Tax Provision	-	-	-	1.50B	4.00M	46.00M	-186.00M
Net Income	-497.00M	-1.63B	-	6.19B	934.00M	946.00M	27.00M
Diluted EPS	-13.16	-24.14	-	69.75	10.76	11.74	-0.24

Compounded Sales Growth

5 Years:	-12.50%
1 Year:	-22.60%

Compounded Profit Growth

5 Years:	-83.66%
1 Year:	-

Stock Price Performance

1 Year:	+30.30%
6 Months:	+7.96%
3 Months:	-5.00%
1 Month:	-10.50%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2018	Dec 2019	Dec 2020	Jan 2021	Dec 2021	Dec 2022	Jan 2023	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	353.46B	355.51B	-	314.98B	314.98B	330.25B	338.45B	352.59B
Current Assets	-	-	-	-	-	-	-	-	-	-
Cash & Equivalents	-	1.94B	2.02B	-	-	4.30B	-	2.69B	3.77B	5.70B
Inventory	-	-	-	-	-	-	-	-	-	-
Receivables	-	-	-	-	-	29.06B	-	25.57B	21.95B	19.64B
Total Liabilities	-	-	343.53B	348.58B	-	305.61B	305.61B	319.92B	328.47B	342.24B
Current Liabilities	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-	-	322.00M	-	-	4.37B	-	4.03B	4.38B	4.61B
Total Debt	-	-	-	-	-	4.37B	-	4.03B	4.38B	4.61B
Total Equity	7.97B	-	9.43B	-	-	8.65B	-	10.17B	9.76B	9.95B
Shares Outstanding	-	-	-	-	-	94.47M	-	94.48M	94.49M	94.49M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	4.37B	3.71B	-	5.21B	5.31B	5.79B	5.76B
Investing Cash Flow	-8.33B	-4.33B	-	-1.37B	-592.00M	-7.09B	-7.76B
Financing Cash Flow	1.93B	705.00M	-	-2.16B	-6.33B	2.37B	3.94B
Capital Expenditure	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	5.21B	5.31B	5.79B	5.76B
Net Change in Cash	-	-	-	1.67B	-1.61B	1.08B	1.94B
Share Buybacks	0	0	211.00M	321.00M	306.00M	442.00M	669.00M

Ratios (Annual)

Figures in %.

Metric	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-
Operating Margin %	-	-	-	80.6%	33.7%	36.3%	-0.2%
Net Margin %	-14.3%	-46.1%	-	63.6%	29.5%	30.6%	0.4%
ROE %	-	-17.3%	-	71.5%	9.2%	9.7%	0.3%
ROCE %	-	-	-	-	-	-	-

Shareholding Pattern

Insiders

1.64%

Institutions

96.60%

Public Float

98.21%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	9.89%	6.90M	$711.53M
2	Vanguard Portfolio Management LLC	7.83%	5.46M	$563.37M
3	TPG GP A, LLC	6.76%	4.72M	$486.22M
4	Dimensional Fund Advisors LP	5.82%	4.06M	$418.66M
5	Vanguard Capital Management LLC	4.52%	3.15M	$325.23M
6	State Street Corporation	4.20%	2.93M	$302.25M
7	Geode Capital Management, LLC	3.13%	2.18M	$224.94M
8	Donald Smith & Co., Inc.	2.71%	1.89M	$195.13M
9	Goldman Sachs Group Inc	2.33%	1.62M	$167.54M
10	American Century Companies Inc	2.19%	1.53M	$157.42M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for JXN

No recent headlines available.

JXN · Financial Services