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JXN-PA logoJackson Financial Inc.(JXN-PA)Earnings, Financials & Key Ratios

JXN-PA•NYSE•Insurance & Managed Care
$26.14
$1.85B mkt cap·Price updated May 6, 2026
SectorFinancial ServicesIndustryLife InsuranceSub-IndustryRetirement and annuity life insurers
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 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; and 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, warehouses and regional broker-dealers, and 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.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%
  • Book Value per Share147.16+13.2%
  • Tangible BV/Share-18.75-114.4%
  • Debt/Equity0.45+1.6%
Technical→

JXN-PA Key Insights

Jackson Financial Inc. (JXN-PA) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Low loss ratio of 14.5%
  • ✓Share count reduced 8.5% through buybacks
  • ✓Trading near 52-week high
  • ✓Trading at only 0.2x 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.

JXN-PA Price & Volume

Jackson Financial Inc. (JXN-PA) stock price & volume — 10-year historical chart

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JXN-PA Growth Metrics

Jackson Financial Inc. (JXN-PA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years7.56%
3 Years-11.74%
TTM-19.77%

Profit CAGR

10 Years-
5 Years-
3 Years-83.66%
TTM-402.36%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-607.63%

Return on Capital

10 Years0.48%
5 Years0.8%
3 Years0.19%
Last Year-0.03%

JXN-PA Recent Earnings

Jackson Financial Inc. (JXN-PA) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 5, 2026
EPS
$5.15
Est $5.96
-13.6%
Revenue
$2.9B
Est $1.9B
+49.8%
Q1 2026
Feb 18, 2026
EPS
$6.61
Est $5.86
+12.8%
Revenue
$2.0B
Est $1.9B
+3.5%
Q4 2025
Nov 6, 2025
EPS
$1.08
Est $5.45
-80.2%
Revenue
$1.3B
Est $1.9B
-28.6%
Q3 2025
Aug 8, 2025
EPS
$2.49
Est $4.64
-46.3%
Revenue
$483M
Est $1.9B
-125.1%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$5.15vs $5.96-13.6%
$2.9Bvs $1.9B+49.8%
Q1 2026Feb 18, 2026
$6.61vs $5.86+12.8%
$2.0Bvs $1.9B+3.5%
Q4 2025Nov 6, 2025
$1.08vs $5.45-80.2%
$1.3Bvs $1.9B-28.6%
Q3 2025Aug 8, 2025
$2.49vs $4.64-46.3%
$483Mvs $1.9B-125.1%
Based on last 12 quarters of dataView full earnings history →

JXN-PA Peer Comparison

Jackson Financial Inc. (JXN-PA) competitors in Retirement and annuity life insurers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
EQH logoEQHEquitable Holdings, Inc.Direct Competitor12.31B43.72-9.05-6.21%-12.55%-49.32%3.67
LNC logoLNCLincoln National CorporationDirect Competitor6.41B37.622.0453.61%11.43%20.18%0.77
PRU logoPRUPrudential Financial, Inc.Direct Competitor34.86B100.169.80-14.01%5.62%10.26%0.65
MET logoMETMetLife, Inc.Direct Competitor52.27B80.1616.7010.22%4.44%11.88%0.70
PFG logoPFGPrincipal Financial Group, Inc.Direct Competitor22B101.5519.34-3.11%7.58%9.89%0.34
AFL logoAFLAflac IncorporatedProduct Competitor58.42B113.4016.60-8.84%21%13.05%0.29
UNM logoUNMUnum GroupProduct Competitor12.96B80.2718.752.07%5.87%7.07%0.35
CNO logoCNOCNO Financial Group, Inc.Product Competitor4.28B45.7119.450.94%4.94%8.6%1.54

Compare JXN-PA vs Peers

Jackson Financial Inc. (JXN-PA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs EQH

Most directly comparable listed peer for JXN-PA.

Scale Benchmark

vs BLK

Larger-name benchmark to compare JXN-PA against a more recognizable public peer.

Peer Set

Compare Top 5

vs EQH, LNC, PRU, MET

JXN-PA Income Statement

Jackson Financial Inc. (JXN-PA) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue13.69B3.49B4.64B5.5B9.72B3.17B3.09B6.68B5.76B
Revenue Growth %--74.51%33.08%18.52%76.63%-67.44%-2.31%116.14%-19.77%
Medical Costs & Claims03.2B5.84B511M812M698M702M971M-370M
Medical Cost Ratio %0%91.6%125.82%9.29%8.35%22.05%22.7%14.53%-6.43%
Gross Profit
13.69B▲ 0%
293M▼ 97.9%
-1.2B▼ 509.2%
4.99B▲ 516.3%
8.91B▲ 78.4%
2.47B▼ 72.3%
2.39B▼ 3.1%
5.71B▲ 139.0%
3.22B▲ 0%
Gross Margin %100%8.4%-25.82%90.71%91.65%77.95%77.3%85.47%56.01%
Gross Profit Growth %--97.86%-509.22%516.35%78.45%-72.31%-3.12%139%-
Operating Expenses-11.43B1.1B1.29B647M1.17B1.51B1.37B5.83B3.32B
OpEx / Revenue %-83.5%31.64%27.83%11.76%12.08%47.68%44.24%87.18%57.7%
Depreciation & Amortization10.8M11M10.8M11M00000
Combined Ratio %-83.5%123.24%153.65%21.04%20.43%69.73%66.95%101.71%51.27%
Operating Income
2.26B▲ 0%
-811M▼ 135.9%
-2.49B▼ 207.2%
4.34B▲ 274.4%
7.73B▲ 78.0%
958M▼ 87.6%
1.02B▲ 6.7%
-114M▼ 111.2%
-512M▲ 0%
Operating Margin %16.5%-23.24%-53.65%78.96%79.57%30.27%33.05%-1.71%-8.9%
Operating Income Growth %--135.9%-207.15%274.43%78%-87.61%6.68%-111.15%-
EBITDA2.27B-800M-2.48B4.36B7.83B1.07B1.12B-14M-437M
EBITDA Margin %16.58%-22.93%-53.42%79.16%80.58%33.71%36.32%-0.21%-7.59%
Interest Expense86.2M99M88M37M113M109M101M100M100M
Non-Operating Income9.61B-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%
-512M▲ 0%
Pretax Margin %17.48%-23.24%-53.65%78.96%79.57%30.27%33.05%-1.71%-8.9%
Income Tax338.3M-369M-854M666M1.5B4M46M-186M-167M
Effective Tax Rate %14.14%45.5%34.28%15.33%19.46%0.42%4.5%163.16%32.62%
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%
-384M▲ 0%
Net Margin %14.51%-14.24%-35.19%62.09%63.64%29.51%30.6%0.4%-6.67%
Net Income Growth %--125.03%-228.77%309.12%81.04%-84.9%1.28%-97.15%-402.36%
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%
11.70▲ 8.7%
-0.24▼ 102.1%
-5.46▲ 0%
EPS Growth %--125.02%-228.71%307.58%94.34%-84.57%8.74%-102.05%-607.63%
EPS (Basic)21.02-5.26-17.2935.8972.3410.3611.86-0.24-
Diluted Shares Outstanding94.46M94.46M94.46M88.69M88.69M83.58M76.81M70.28M70.28M

JXN-PA Balance Sheet

Jackson Financial Inc. (JXN-PA) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets259.33B297.06B353.46B375.56B314.98B330.25B338.45B352.59B339.54B
Asset Growth %-14.55%18.99%6.25%-16.13%4.85%2.48%4.18%11.99%
Total Investment Assets076.97B80.49B74.23B65.95B60.85B83.82B69.23B4M
Long-Term Investments058.81B60.65B53.65B45.16B43.04B43.53B21.46B63.36B
Short-Term Investments057.09B59.08B51.55B42.49B40.42B40.29B47.77B48.6B
Total Current Assets3.97B0000066.01B73.74B54.14B
Cash & Equivalents3.97B1.93B2.02B2.62B4.3B2.69B3.77B5.7B5.54B
Receivables08.37B35.27B33.13B29.06B25.57B21.95B20.27B62.1B
Other Current Assets0-67.4B-96.36B-87.3B-75.85B-68.68B000
Goodwill & Intangibles10.66B00000011.66B34.99B
Goodwill000000000
Intangible Assets10.66B00000011.66B0
PP&E (Net)00000020M00
Other Assets244.71B-58.81B-60.65B-53.65B-45.16B-43.04B225.26B245B0
Total Liabilities251.47B289.74B343.53B364.49B305.61B319.92B328.47B342.24B329.64B
Total Debt331.9M2.69B322M4.05B4.37B4.03B4.38B4.61B2.03B
Net Debt-3.64B757.3M-1.7B1.43B69M1.34B610M-1.1B-3.51B
Long-Term Debt331.9M2.69B322M4.05B4.37B4.03B4.38B4.61B2.03B
Short-Term Debt0000008M00
Total Current Liabilities121.1M0000016.74B16.31B14.51B
Accounts Payable0000000014.51B
Deferred Revenue000000000
Other Current Liabilities-121.1M-48.3M-31.97B-29.01B-22.96B016.73B15.28B0
Deferred Taxes000000000
Other Liabilities251.14B-2.69B-322M-4.05B-4.37B-4.03B307.35B321.32B313.1B
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%35.55%11.6%-15.32%10.19%-3.41%3.61%-2.96%
Shareholders Equity7.47B6.84B9.43B10.39B8.65B10.17B9.76B9.95B9.5B
Minority Interest390.2M484.1M494M680M732M164M218M389M404M
Retained Earnings2.74B1.37B-324M2.81B6.4B7.04B7.71B7.47B6.97B
Common Stock001M1M1M1M1M1M1M
Accumulated OCI-343.3M2.4B3.83B1.74B-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%-3.72%
Return on Assets (ROA)0.77%-0.18%-0.5%0.94%1.79%0.29%0.28%0.01%-0.11%
Equity / Assets3.03%2.46%2.81%2.95%2.98%3.13%2.95%2.93%2.92%
Debt / Equity0.04x0.37x0.03x0.37x0.47x0.39x0.44x0.45x0.45x
Book Value per Share83.2377.50105.04124.87105.74123.65129.96147.16140.87
Tangible BV per Share-29.5877.50105.04124.87105.74123.65129.96-18.75140.87

JXN-PA Cash Flow Statement

Jackson Financial Inc. (JXN-PA) cash flow — operating, investing & free cash flow history

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations5.82B4.37B3.78B5.68B5.21B5.31B5.79B5.76B5.76B
Operating CF Growth %--24.97%-13.53%50.43%-8.38%2%9.1%-0.6%-113.9%
Operating CF / Revenue %42.53%125.19%81.35%103.25%53.56%167.77%187.35%86.16%100.03%
Net Income2.05B-442M-1.64B3.68B6.23B954M976M72M-384M
Depreciation & Amortization2.07B8.05B6.51B03.9B000-8M
Stock-Based Compensation38.6M79M56M129M131M107M191M132M178M
Deferred Taxes226.3M-674M-776M739M1.55B-207M294M-173M-11M
Other Non-Cash Items-30.8M-274M588.3M1.77B-6.29B4.46B4.63B5.97B3.93B
Working Capital Changes1.46B-2.37B-959.5M-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 Expenditures000000000
Acquisitions000000000
Purchase of Investments-9.22B-18.23B-33.82B-19.68B-12.53B-13.91B-18.21B-15.67B-19.72B
Sale/Maturity of Investments7.5B10.55B30.14B19.62B11.62B11.8B10.81B8.46B10.01B
Other Investing-173.3M-646M-654.3M-1.23B-464M1.51B312M-547M2.37B
Cash from Financing-2.27B1.93B639.7M-3.77B-2.16B-6.33B2.37B3.94B5.68B
Dividends Paid-450M-875M0-50M-186M-236M-255M-267M-262M
Share Repurchases000-211M-321M-306M-442M-669M-317M
Stock Issued7.4M7M500M5M0000500M
Debt Issuance (Net)-1000K1000K1000K1000K-1000K-1000K1000K-1000K1000K
Other Financing-1.82B2.46B-980.5M-5.47B-1.58B-5.91B671M5.37B6.38B
Net Change in Cash
1.66B▲ 0%
-2.03B▼ 222.4%
84.2M▲ 104.1%
612M▲ 626.8%
1.67B▲ 172.9%
-1.61B▼ 196.4%
1.08B▲ 166.8%
1.94B▲ 80.0%
1.65B▲ 0%
Exchange Rate Effect000000000
Cash at Beginning2.31B3.97B1.93B2.02B2.63B4.3B2.69B3.77B5.7B
Cash at End3.97B1.94B2.02B2.63B4.3B2.69B3.77B5.7B5.54B
Free Cash Flow
5.82B▲ 0%
4.37B▼ 25.0%
3.78B▼ 13.5%
5.68B▲ 50.4%
5.21B▼ 8.4%
5.31B▲ 2.0%
5.79B▲ 9.1%
5.76B▼ 0.6%
4.16B▲ 0%
FCF Growth %--24.97%-13.53%50.43%-8.38%2%9.1%-0.6%-30.15%
FCF Margin %42.53%125.19%81.35%103.25%53.56%167.77%187.35%86.16%72.34%
FCF per Share61.6346.2439.9864.0758.763.5375.4281.9381.93

JXN-PA Key Ratios

Jackson Financial Inc. (JXN-PA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2019202020212022202320242025TTM
Combined Ratio123.24%153.65%21.04%20.43%69.73%66.95%101.71%51.27%
Medical Cost Ratio91.6%125.82%9.29%8.35%22.05%22.7%14.53%-6.43%
Return on Equity (ROE)-6.55%-18.95%32.55%60.49%9.48%9.31%0.27%-3.72%
Return on Assets (ROA)-0.18%-0.5%0.94%1.79%0.29%0.28%0.01%-0.11%
Equity / Assets2.46%2.81%2.95%2.98%3.13%2.95%2.93%2.92%
Book Value / Share77.5105.04124.87105.74123.65129.96147.16140.87
Debt / Equity0.37x0.03x0.37x0.47x0.39x0.44x0.45x0.45x
Revenue Growth-74.51%33.08%18.52%76.63%-67.44%-2.31%116.14%-19.77%

JXN-PA SEC Filings & Documents

Jackson Financial Inc. (JXN-PA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

May 5, 2026·SEC

Material company update

Apr 9, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

4
FY 2026

May 5, 2026·SEC

FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 5, 2025·SEC

JXN-PA Frequently Asked Questions

Jackson Financial Inc. (JXN-PA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Jackson Financial Inc. (JXN-PA) grew revenue by 116.1% over the past year. This is strong growth.

Jackson Financial Inc. (JXN-PA) reported a net loss of $384.0M for fiscal year 2025.

Dividend & Returns

Yes, Jackson Financial Inc. (JXN-PA) pays a dividend with a yield of 12.14%. This makes it attractive for income-focused investors.

Jackson Financial Inc. (JXN-PA) has a return on equity (ROE) of 0.3%. This is below average, suggesting room for improvement.

Industry Metrics

Jackson Financial Inc. (JXN-PA) has a combined ratio of 101.7%. A ratio above 100% means claims and expenses exceed premiums.

Explore More JXN-PA

Jackson Financial Inc. (JXN-PA) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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