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May 5, 2026·SEC
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May 5, 2026·SEC
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Apr 9, 2026·SEC
Jackson Financial Inc.(JXN)Earnings, Financials & Key Ratios
JXN•NYSE•Insurance & Managed Care
Price updated Jun 19, 2026
AboutJackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities to retail investors in the United States. The company 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 immediate payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts; 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. This segment also provides a block of group payout annuities. The company also offers investment management services. It sells its products through a distribution network that includes independent broker-dealers, banks and other financial institutions, wirehouses and regional broker-dealers, and independent registered investment advisors, third-party platforms, and insurance agents. Jackson Financial Inc. was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. The company was incorporated in 2006 and is headquartered in Lansing, Michigan.Show more
- Revenue$6.68B+116.1%
- Combined Ratio101.71%+51.9%
- Net Income$27M-97.1%
- Return on Equity0.27%-97.1%
- Medical Cost Ratio14.53%-36.0%
- Operating Margin-1.71%-105.2%
- Net Margin0.4%-98.7%
- ROA0.01%-97.2%
- Equity / Assets2.93%-0.5%
JXN Key Insights
Jackson Financial Inc. (JXN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓Low loss ratio of 14.5%
- ✓Healthy dividend yield of 3.0%
- ✓Share count reduced 5.6% through buybacks
- ✓Trading at only 0.7x book value
✗Weaknesses
- ✗Dividend payout exceeds 100% of earnings
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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JXN Price & Volume
Jackson Financial Inc. (JXN) stock price & volume — 10-year historical chart
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JXN Growth Metrics
Jackson Financial Inc. (JXN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years7.56%
3 Years-11.74%
TTM-18.29%
Profit CAGR
10 Years-
5 Years-
3 Years-83.66%
TTM-393.7%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-595.08%
Return on Capital
10 Years0.47%
5 Years0.8%
3 Years0.19%
Last Year-0.03%
JXN Recent Earnings
Jackson Financial Inc. (JXN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$5.94-0.3%
$5.96
Rev
$2.9B+49.8%
$1.9B
Q1 2026
Feb 18, 2026Metric
Actual
Est
EPS
$6.61+12.8%
$5.86
Rev
$2.0B+3.5%
$1.9B
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$6.16+20.8%
$5.10
Rev
$1.3B-29.8%
$1.9B
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$4.87+5.6%
$4.61
Rev
$483M-125.8%
$1.9B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $5.94vs $5.96-0.3% | $2.9Bvs $1.9B+49.8% |
| Q1 2026 | Feb 18, 2026 | $6.61vs $5.86+12.8% | $2.0Bvs $1.9B+3.5% |
| Q4 2025 | Nov 4, 2025 | $6.16vs $5.10+20.8% | $1.3Bvs $1.9B-29.8% |
| Q3 2025 | Aug 5, 2025 | $4.87vs $4.61+5.6% | $483Mvs $1.9B-125.8% |
Based on last 12 quarters of dataView full earnings history →
JXN Peer Comparison
Jackson Financial Inc. (JXN) competitors in Retirement and annuity life insurers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 LNC | 7.11B | 37.17 | 6.36 | 1.24% | 9.14% | 16.79% | 0.59 | |
 EQH | 12.75B | 45.29 | -9.38 | -6.21% | -12.55% | -49.32% | 3.67 | |
 PRU | 37.05B | 106.53 | 10.42 | -14.01% | 5.62% | 10.26% | 0.65 | |
 MET | 55.8B | 85.58 | 17.83 | 10.22% | 4.7% | 12.72% | 0.70 | |
 PFG | 23.74B | 109.57 | 20.87 | -3.11% | 7.58% | 9.89% | 0.34 | |
 AFL | 59.49B | 115.47 | 16.91 | -8.84% | 21% | 13.05% | 0.29 | |
 UNM | 14.53B | 89.98 | 21.02 | 2.07% | 5.87% | 7.07% | 0.35 | |
 CNO | 4.76B | 50.83 | 21.63 | 0.94% | 4.94% | 8.6% | 1.54 |
Compare JXN vs Peers
Jackson Financial Inc. (JXN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
JXN Income Statement
Jackson Financial Inc. (JXN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 13.69B | 3.49B | 4.64B | 5.5B | 9.72B | 3.17B | 3.09B | 6.68B | 5.86B |
Revenue Growth % | - | -74.51% | 33.08% | 18.52% | 76.63% | -67.44% | -2.31% | 116.14% | -18.29% |
Medical Costs & Claims | 10.15B | 3.2B | 5.84B | 511M | 812M | 698M | 702M | 971M | -173M |
Medical Cost Ratio % | 74.14% | 91.6% | 125.82% | 9.29% | 8.35% | 22.05% | 22.7% | 14.53% | -2.95% |
Gross Profit | 3.54B▲ 0% | 293M▼ 91.7% | -1.2B▼ 509.2% | 4.99B▲ 516.3% | 8.91B▲ 78.4% | 2.47B▼ 72.3% | 2.39B▼ 3.1% | 5.71B▲ 139.0% | 6.04B▲ 0% |
Gross Margin % | 25.86% | 8.4% | -25.82% | 90.71% | 91.65% | 77.95% | 77.3% | 85.47% | 102.95% |
Gross Profit Growth % | - | -91.72% | -509.22% | 516.35% | 78.45% | -72.31% | -3.12% | 139% | - |
Operating Expenses | 1.15B | 1.1B | 1.29B | 647M | 1.17B | 1.51B | 1.37B | 5.83B | 6.53B |
OpEx / Revenue % | 8.38% | 31.64% | 27.83% | 11.76% | 12.08% | 47.68% | 44.24% | 87.18% | 111.43% |
Depreciation & Amortization | 10.8M | 11M | 10.8M | 11M | 0 | 0 | 0 | 0 | 0 |
Combined Ratio % | 82.52% | 123.24% | 153.65% | 21.04% | 20.43% | 69.73% | 66.95% | 101.71% | 108.48% |
Operating Income | 2.39B▲ 0% | -811M▼ 133.9% | -2.49B▼ 207.2% | 4.34B▲ 274.4% | 7.73B▲ 78.0% | 958M▼ 87.6% | 1.02B▲ 6.7% | -114M▼ 111.2% | -497M▲ 0% |
Operating Margin % | 17.48% | -23.24% | -53.65% | 78.96% | 79.57% | 30.27% | 33.05% | -1.71% | -8.48% |
Operating Income Growth % | - | -133.9% | -207.15% | 274.43% | 78% | -87.61% | 6.68% | -111.15% | - |
EBITDA | 2.4B | -800M | -2.48B | 4.36B | 7.83B | 1.07B | 1.12B | -14M | -422M |
EBITDA Margin % | 17.56% | -22.93% | -53.42% | 79.16% | 80.58% | 33.71% | 36.32% | -0.21% | -7.2% |
Interest Expense | 86.2M | 99M | 88M | 37M | 113M | 185M | 101M | 100M | 100M |
Non-Operating Income | -86.2M | -99M | -88M | -37M | -98M | -109M | -101M | -100M | -75M |
Pretax Income | 2.39B▲ 0% | -811M▼ 133.9% | -2.49B▼ 207.2% | 4.34B▲ 274.4% | 7.73B▲ 78.0% | 958M▼ 87.6% | 1.02B▲ 6.7% | -114M▼ 111.2% | -497M▲ 0% |
Pretax Margin % | 17.48% | -23.24% | -53.65% | 78.96% | 79.57% | 30.27% | 33.05% | -1.71% | -8.48% |
Income Tax | 338.3M | -369M | -854M | 666M | 1.5B | 4M | 46M | -186M | -167M |
Effective Tax Rate % | 14.14% | 45.5% | 34.28% | 15.33% | 19.46% | 0.42% | 4.5% | 163.16% | 33.6% |
Net Income | 1.99B▲ 0% | -497M▼ 125.0% | -1.63B▼ 228.8% | 3.42B▲ 309.1% | 6.19B▲ 81.0% | 934M▼ 84.9% | 946M▲ 1.3% | 27M▼ 97.1% | -373M▲ 0% |
Net Margin % | 14.51% | -14.24% | -35.19% | 62.09% | 63.64% | 29.51% | 30.6% | 0.4% | -6.36% |
Net Income Growth % | - | -125.03% | -228.77% | 309.12% | 81.04% | -84.9% | 1.28% | -97.15% | -393.7% |
EPS (Diluted) | 21.02▲ 0% | -5.26▼ 125.0% | -17.29▼ 228.7% | 35.89▲ 307.6% | 69.75▲ 94.3% | 10.76▼ 84.6% | 11.74▲ 9.1% | -0.24▼ 102.0% | -5.35▲ 0% |
EPS Growth % | - | -125.02% | -228.71% | 307.58% | 94.34% | -84.57% | 9.11% | -102.04% | -595.08% |
EPS (Basic) | 21.02 | -5.26 | -17.29 | 35.89 | 72.34 | 10.99 | 11.86 | -0.24 | - |
Diluted Shares Outstanding | 94.46M | 94.46M | 94.46M | 88.69M | 88.69M | 83.58M | 74.42M | 70.28M | 69.71M |
JXN Balance Sheet
Jackson Financial Inc. (JXN) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Total Assets | 259.33B | 297.06B | 353.46B | 375.56B | 314.98B | 330.25B | 338.45B | 352.59B | 328.83B |
Asset Growth % | - | 14.55% | 18.99% | 6.25% | -16.13% | 4.85% | 2.48% | 4.18% | 8.72% |
Total Investment Assets | 0 | 76.97B | 78.27B | 74.23B | 65.95B | 60.85B | 83.82B | 69.23B | 4M |
Long-Term Investments | 0 | 58.81B | 19.19B | 53.65B | 45.16B | 43.04B | 43.53B | 21.46B | 357.82B |
Short-Term Investments | 0 | 57.09B | 59.08B | 51.55B | 42.49B | 40.42B | 40.29B | 47.77B | 0 |
Total Current Assets | 3.97B | 0 | 96.36B | 0 | 0 | 0 | 66.01B | 73.74B | 5.54B |
Cash & Equivalents | 3.97B | 1.93B | 2.02B | 2.62B | 4.3B | 2.69B | 3.77B | 5.7B | 5.54B |
Receivables | 0 | 8.37B | 35.27B | 33.13B | 29.06B | 25.57B | 21.95B | 20.27B | 62.1B |
Other Current Assets | 0 | -67.4B | 0 | -87.3B | -75.85B | -68.68B | 0 | 0 | 0 |
Goodwill & Intangibles | 10.66B | 0 | 13.9B | 0 | 0 | 0 | 11.89B | 11.66B | 34.99B |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 10.66B | 0 | 13.9B | 0 | 0 | 0 | 11.89B | 11.66B | 0 |
PP&E (Net) | 0 | 0 | 37M | 0 | 0 | 0 | 20M | 0 | 0 |
Other Assets | 244.71B | -58.81B | 223.97B | -53.65B | -45.16B | -43.04B | 213.37B | 245B | 28.22B |
Total Liabilities | 251.47B | 289.74B | 343.53B | 364.49B | 305.61B | 319.92B | 328.47B | 342.24B | 318.93B |
Total Debt | 331.9M | 2.69B | 322M | 4.05B | 4.37B | 4.03B | 4.38B | 4.61B | 2.03B |
Net Debt | -3.64B | 757.3M | -1.7B | 1.43B | 69M | 1.34B | 610M | -1.1B | -3.51B |
Long-Term Debt | 331.9M | 2.69B | 322M | 4.05B | 4.37B | 4.03B | 4.38B | 4.61B | 2.03B |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 8M | 0 | 0 |
Total Current Liabilities | 121.1M | 0 | 53.47B | 0 | 0 | 0 | 16.74B | 16.31B | 0 |
Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue | 0 | 0 | -10.3M | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | -121.1M | -48.3M | 21.51B | -29.01B | -22.96B | 0 | 16.12B | 15.28B | 0 |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | 251.02B | -2.69B | 343.21B | -4.05B | -4.37B | -4.03B | 307.35B | 321.32B | 316.9B |
Total Equity | 7.86B▲ 0% | 7.32B▼ 6.9% | 9.92B▲ 35.5% | 11.07B▲ 11.6% | 9.38B▼ 15.3% | 10.33B▲ 10.2% | 9.98B▼ 3.4% | 10.34B▲ 3.6% | 9.9B▲ 0% |
Equity Growth % | - | -6.89% | 35.54% | 11.6% | -15.32% | 10.19% | -3.41% | 3.61% | -2.96% |
Shareholders Equity | 7.47B | 6.84B | 9.43B | 10.39B | 8.65B | 10.17B | 9.76B | 9.95B | 9.5B |
Minority Interest | 390.2M | 484.1M | 493.6M | 680M | 732M | 164M | 218M | 389M | 404M |
Retained Earnings | 2.74B | 1.37B | -324M | 2.81B | 6.4B | 7.04B | 7.71B | 7.47B | 6.97B |
Common Stock | 0 | 0 | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
Accumulated OCI | -343.3M | 2.4B | 3.83B | 1.74B | -3.38B | -2.81B | -3.52B | -2.47B | -2.73B |
Return on Equity (ROE) | 25.25% | -6.55% | -18.95% | 32.55% | 60.49% | 9.48% | 9.31% | 0.27% | -3.61% |
Return on Assets (ROA) | 0.77% | -0.18% | -0.5% | 0.94% | 1.79% | 0.29% | 0.28% | 0.01% | -0.11% |
Equity / Assets | 3.03% | 2.46% | 2.81% | 2.95% | 2.98% | 3.13% | 2.95% | 2.93% | 3.01% |
Debt / Equity | 0.04x | 0.37x | 0.03x | 0.37x | 0.47x | 0.39x | 0.44x | 0.45x | 0.20x |
Book Value per Share | 83.23 | 77.50 | 105.04 | 124.87 | 105.74 | 123.65 | 134.13 | 147.16 | 142.01 |
Tangible BV per Share | -29.58 | 77.50 | -42.07 | 124.87 | 105.74 | 123.65 | -25.60 | -18.75 | 142.01 |
JXN Cash Flow Statement
Jackson Financial Inc. (JXN) cash flow — operating, investing & free cash flow history
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 5.82B | 4.37B | 3.71B | 5.68B | 5.21B | 5.31B | 5.79B | 5.76B | 4.16B |
Operating CF Growth % | - | -24.97% | -15.02% | 53.07% | -8.38% | 2% | 9.1% | -0.6% | -113.9% |
Operating CF / Revenue % | 42.53% | 125.19% | 79.95% | 103.25% | 53.56% | 167.77% | 187.35% | 86.16% | 71.03% |
Net Income | 2.05B | -442M | -1.64B | 3.68B | 6.23B | 954M | 976M | 72M | -373M |
Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8M |
Stock-Based Compensation | 38.6M | 79M | 56M | 129M | 131M | 107M | 191M | 132M | 178M |
Deferred Taxes | 226.3M | -674M | -776M | 739M | 1.55B | -207M | 294M | -173M | -11M |
Other Non-Cash Items | 2.04B | 7.78B | 7.18B | 1.77B | -2.39B | 4.46B | 4.63B | 5.97B | 3.93B |
Working Capital Changes | 1.46B | -2.37B | -1.12B | -633M | -315M | -4M | -301M | -244M | -350M |
Cash from Investing | -1.89B | -8.33B | -4.33B | -1.3B | -1.37B | -592M | -7.09B | -7.76B | -7.33B |
Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Purchase of Investments | -9.22B | -18.23B | -33.82B | -19.68B | -12.53B | -13.91B | -18.21B | -15.67B | -19.72B |
Sale/Maturity of Investments | 7.5B | 10.55B | 30.14B | 19.62B | 11.62B | 11.8B | 10.81B | 8.46B | 10.01B |
Other Investing | -173.3M | -646M | -654M | -1.23B | -464M | 1.51B | 312M | -547M | 2.37B |
Cash from Financing | -2.27B | 1.93B | 705M | -3.77B | -2.16B | -6.33B | 2.37B | 3.94B | 5.68B |
Dividends Paid | -450M | -2.88B | 0 | -50M | -186M | -236M | -255M | -267M | -262M |
Share Repurchases | 0 | 0 | 0 | -211M | -321M | -306M | -442M | -669M | -317M |
Stock Issued | 7.4M | 7M | 500M | 5M | 0 | 0 | 0 | 0 | 500M |
Debt Issuance (Net) | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K |
Other Financing | -1.22B | 2.15B | 185M | -5.47B | -1.58B | -5.91B | 2.2B | 5.37B | 6.38B |
Net Change in Cash | 1.66B▲ 0% | -2.03B▼ 222.4% | 84M▲ 104.1% | 612M▲ 628.6% | 1.67B▲ 172.9% | -1.61B▼ 196.4% | 1.08B▲ 166.8% | 1.94B▲ 80.0% | 1.65B▲ 0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 2.31B | 3.97B | 1.94B | 2.02B | 2.63B | 4.3B | 2.69B | 3.77B | 5.7B |
Cash at End | 3.97B | 1.94B | 2.02B | 2.63B | 4.3B | 2.69B | 3.77B | 5.7B | 5.54B |
Free Cash Flow | 5.82B▲ 0% | 4.37B▼ 25.0% | 3.71B▼ 15.0% | 5.68B▲ 53.1% | 5.21B▼ 8.4% | 5.31B▲ 2.0% | 5.79B▲ 9.1% | 5.76B▼ 0.6% | 4.16B▲ 0% |
FCF Growth % | - | -24.97% | -15.02% | 53.07% | -8.38% | 2% | 9.1% | -0.6% | -30.15% |
FCF Margin % | 42.53% | 125.19% | 79.95% | 103.25% | 53.56% | 167.77% | 187.35% | 86.16% | 71.03% |
FCF per Share | 61.63 | 46.24 | 39.3 | 64.07 | 58.7 | 63.53 | 77.84 | 81.93 | 59.73 |
JXN Key Ratios
Jackson Financial Inc. (JXN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
Combined Ratio | 123.24% | 153.65% | 21.04% | 20.43% | 69.73% | 66.95% | 101.71% | 108.48% |
Medical Cost Ratio | 91.6% | 125.82% | 9.29% | 8.35% | 22.05% | 22.7% | 14.53% | -2.95% |
Return on Equity (ROE) | -6.55% | -18.95% | 32.55% | 60.49% | 9.48% | 9.31% | 0.27% | -3.61% |
Return on Assets (ROA) | -0.18% | -0.5% | 0.94% | 1.79% | 0.29% | 0.28% | 0.01% | -0.11% |
Equity / Assets | 2.46% | 2.81% | 2.95% | 2.98% | 3.13% | 2.95% | 2.93% | 3.01% |
Book Value / Share | 77.5 | 105.04 | 124.87 | 105.74 | 123.65 | 134.13 | 147.16 | 142.01 |
Debt / Equity | 0.37x | 0.03x | 0.37x | 0.47x | 0.39x | 0.44x | 0.45x | 0.20x |
Revenue Growth | -74.51% | 33.08% | 18.52% | 76.63% | -67.44% | -2.31% | 116.14% | -18.29% |
Related:JXN Dividend History·JXN Revenue History·JXN Price History·JXN P/E History·JXN Financial Ratios·JXN Institutional Holders
JXN SEC Filings & Documents
Jackson Financial Inc. (JXN) SEC filings — annual & quarterly reports (10-K, 10-Q)
JXN Frequently Asked Questions
Jackson Financial Inc. (JXN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Jackson Financial Inc. (JXN) grew revenue by 116.1% over the past year. This is strong growth.
Jackson Financial Inc. (JXN) reported a net loss of $373.0M for fiscal year 2025.
Dividend & Returns
Yes, Jackson Financial Inc. (JXN) pays a dividend with a yield of 2.97%. This makes it attractive for income-focused investors.
Jackson Financial Inc. (JXN) has a return on equity (ROE) of 0.3%. This is below average, suggesting room for improvement.
Industry Metrics
Jackson Financial Inc. (JXN) has a combined ratio of 101.7%. A ratio above 100% means claims and expenses exceed premiums.