$25.91
+0.35%F&G Annuities & Life, Inc. provides fixed annuities and life insurance products. It serves retail annuity and life customers, as well as institutional clients. The company was founded in 1959 and is headquartered in Des Moines, Iowa. F&G Annuities & Life, Inc. is a subsidiary of Fidelity National Financial, Inc.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
FG โข NYSE
| F&G Annuities & Life, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||
271M | 642M | -58M | 481M | 865M | -178M | 412M | 13M | -1.1B | -336.3K | |
665M | 569M | 412M | 329M | 484M | -13M | 128M | -21M | -24M | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | -1.1B | 0.0 | 42M | 0.0 | 0.0 | 0.0 | |
31M | 29M | 23M | 12M | 9M | 7M | 4M | 4M | -12M | 0.0 | |
-1.4B | -800M | 165M | -561M | -180M | 259M | -124M | 484M | 1.8B | -384.3K | |
(0.0) | (8M) | (4M) | (0.0) | (44M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
5.2B | 5.6B | 5.3B | 2.9B | 1.8B | -12M | 190M | 417M | 324M | 74.9K | |
4.7B | 6B | 5.8B | 3.2B | 1.9B | 63M | 652M | 897M | 1B | -645.7K | |
INVESTING ACTIVITIES | ||||||||||
-15M | -24M | -27M | -32M | -33M | -28M | -15M | -7M | -12M | (0.0) | |
(0.0) | -482M | -1.1B | -982M | -1.8B | (0.0) | -588M | -57M | (0.0) | (0.0) | |
-21B | -18B | -13.4B | -14.1B | -14.6B | (0.0) | -5.8B | (0.0) | (0.0) | (0.0) | |
14.3B | 11.3B | 5.3B | 5.4B | 9.4B | 0.0 | 4.9B | 0.0 | 0.0 | 0.0 | |
-1.7B | -682M | 340M | 313M | 150M | -2.6B | 50M | -2.2B | -252M | -828M | |
-8.4B | -8B | -8.9B | -9.4B | -6.9B | -2.6B | -1.5B | -2.3B | -264M | -828M | |
FINANCING ACTIVITIES | ||||||||||
259M | -12M | -18M | 0.0 | 0.0 | 0.0 | -65M | 0.0 | 0.0 | 0.0 | |
64M | 435M | 660M | 550M | 400M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-137M | -121M | -101M | (0.0) | (0.0) | (0.0) | -9M | (0.0) | (0.0) | (0.0) | |
-10M | -12M | -18M | (0.0) | (0.0) | (0.0) | -65M | -4M | (0.0) | (0.0) | |
2.8B | 2.1B | 3.1B | 5.1B | 5.2B | 2.5B | 1.4B | 739M | 540M | 829.9M | |
3B | 2.7B | 3.7B | 5.6B | 5.6B | 2.5B | 1.3B | 739M | 540M | 829.9M | |
CASH FLOW SUMMARY | ||||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 827M | 0.0 | 0.0 | 0.0 | 0.0 | |
-778M | 701M | 603M | -573M | 644M | 818M | 413M | -644M | 1.3B | 1.2M | |
2.3B | 1.6B | 960M | 1.5B | 889M | 935M | 522M | 1.2B | 0.0 | 0.0 | |
1.5B | 2.3B | 1.6B | 960M | 1.5B | 1.8B | 935M | 571M | 1.3B | 1.2M | |
4.7B | 6B | 5.8B | 3.1B | 1.8B | 35M | 637M | 890M | 1B | -645.7K |
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