Jackson Financial Inc. (JXN)
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.
- Symbol
- JXN
- Exchange
- NYSE
- Sector
- Financial Services
- Industry
- Insurance - Life
- Market cap
- $8.83B
- 52 week range
- 89.67 - 140.9
Valuation
- Share price
- $129.73 (close of 2026-09-23)
- P/E (TTM)
- 154.25x
- Price to book
- 0.84x
- Price to free cash flow
- 1.50x
- Enterprise value
- $8.09B
- Book value per share
- $153.61
Price performance
| Period | Change |
|---|
| 1 day | -1.62% |
| 5 days | -6.14% |
| 1 month | -0.12% |
| 3 months | +18.05% |
| 6 months | +24.13% |
| Year to date | +21.64% |
| 1 year | +26.96% |
| 3 years | +235.31% |
| 5 years | +386.79% |
| All time | +312.50% |
Profitability and growth
- Return on equity
- 0.26%
- Return on assets
- 0.01%
- Net margin
- 0.40%
- EBITDA margin
- -0.88%
- Revenue growth
- 104.31%
- Net income growth
- -97.15%
- Free cash flow growth
- -0.60%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 66.61%
- Net debt to EBITDA
- -19.05x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $6.68B
- EBITDA
- $-59.00M
- Net income
- $27.00M
- Earnings per share
- $-0.24
- Interest expense
- $100.00M
- Shares outstanding
- 70.98M
Income statement by year
| Period end | Revenue | Net income | EPS |
|---|
| 2025-12-31 | $6.68B | $27.00M | $-0.24 |
| 2024-12-31 | $3.27B | $946.00M | $11.86 |
| 2023-12-31 | $3.08B | $934.00M | $10.99 |
| 2022-12-31 | $9.85B | $6.19B | $72.34 |
| 2021-12-31 | $6.36B | $3.42B | $36.35 |
| 2020-12-31 | $3.55B | $-1.63B | $-24.14 |
| 2019-12-31 | $3.48B | $-497.00M | $-13.16 |
Margins and returns by year
| Period end | Net margin | Return on equity |
|---|
| 2025-12-31 | 0.40% | 0.26% |
| 2024-12-31 | 28.92% | 9.48% |
| 2023-12-31 | 30.30% | 9.04% |
| 2022-12-31 | 62.81% | 65.96% |
| 2021-12-31 | 53.73% | 41.06% |
| 2020-12-31 | -46.08% | -16.47% |
| 2019-12-31 | -14.29% | -6.79% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $5.70B | $2.03B |
| 2024-12-31 | $3.77B | $2.03B |
| 2023-12-31 | $2.69B | $2.04B |
| 2023-01-01 | $4.30B | $2.63B |
| 2022-12-31 | $4.30B | $2.63B |
| 2021-12-31 | $2.62B | $2.65B |
| 2021-01-01 | $2.02B | $322.00M |
| 2020-12-31 | $2.02B | $322.00M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $5.76B | $132.00M |
| 2024-12-31 | $5.79B | $191.00M |
| 2023-12-31 | $5.31B | $107.00M |
| 2022-12-31 | $5.21B | $131.00M |
| 2021-12-31 | $5.68B | $129.00M |
| 2020-12-31 | $3.71B | $56.00M |
| 2019-12-31 | $4.37B | $79.00M |
Dividend history
- Most recent payment
- 2026-09-15
- Paid in the last twelve months
- $3.50
| Payment date | Dividend per share |
|---|
| 2026-09-15 | $0.90 |
| 2026-06-11 | $0.90 |
| 2026-03-16 | $0.90 |
| 2025-12-04 | $0.80 |
| 2025-09-15 | $0.80 |
| 2025-06-12 | $0.80 |
| 2025-03-11 | $0.80 |
| 2024-12-05 | $0.70 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-03
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-03 | Jun/2026 | - |
| 2026-05-05 | - | - |
| 2026-02-18 | - | - |
| 2025-11-04 | - | - |
| 2025-08-05 | - | - |
| 2025-05-07 | - | - |
| 2025-02-19 | - | - |
| 2024-11-06 | - | - |
Filings and sources
- Company website
- jackson.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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