FG - NYSE

F&G Annuities & Life, Inc.

F&G Annuities & Life, Inc.

FG·NYSE

$25.91

+0.35%
Financial ServicesInsurance - Life

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.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$3.43B
EPS1.8900
P/E Ratio13.71
Earnings Date08/05/2026
5.73B
Revenue
6%
3Y+156.0%
5Y+301.0%
10Y+538309.0%
265.00M
Net Income
-59%
3Y-58.0%
5Y-249.0%
10Y-78907.0%
4.68B
Operating Cash Flow
-22%
3Y+48.0%
5Y+7330.0%
10Y-725035.0%
F&G Annuities & Life, Inc.

F&G Annuities & Life, Inc. Profit Bridge

FG · NYSE
Revenue5.73B
Cost of Goods Sold (3.96B)
Gross Profit1.77B
Operating Expenses (1.45B)
Operating Income323.00M
Interest Expense (164.00M)
Other Income/Expense0.00
Pretax Income323.00M
Income Tax (52.00M)
Net Income265.00M
Net Income
265.00M

Profitability Analysis

Gross Margin

30.8%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

5.6%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

4.6%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

16.1%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

F&G Annuities & Life, Inc. Income Statement

FG • NYSE

F&G Annuities & Life, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
REVENUE
Revenue
5.7B
5.4B
4.3B
2.2B
3.4B
1.4B
1.8B
711M
2B
1.1M
GROSS PROFIT
Cost of Revenue
(4B)
(3.8B)
(3.6B)
(1.1B)
(1.9B)
(0.0)
(1.1B)
(0.0)
(0.0)
(0.0)
Gross Profit
1.8B
1.6B
718M
1.1B
1.5B
1.4B
665M
711M
2B
1.1M
OPERATING INCOME
Operating Expenses
(1.4B)
(852M)
(753M)
(320M)
-99M
(99M)
(244M)
(653M)
(1.7B)
(1.4M)
Selling, General & Administrative
(0.0)
(296M)
(232M)
(157M)
(129M)
(0.0)
(78M)
(150M)
(132M)
(1.4M)
Operating Income
323M
778M
-35M
793M
1.6B
1.3B
421M
58M
252M
-336.3K
PRE-TAX INCOME
Interest Expense
(164M)
(132M)
(97M)
(29M)
(29M)
(0.0)
(32M)
(0.0)
(0.0)
(0.0)
Net Interest Income
-164M
2.5B
2.1B
1.7B
1.4B
31M
-32M
0.0
0.0
0.0
Other Expenses
(1.4B)
(556M)
(521M)
(163M)
-228M
(99M)
(166M)
(0.0)
(0.0)
(0.0)
Total Other Income Expenses Net
0.0
0.0
0.0
0.0
0.0
-1.5B
0.0
-29M
-24M
0.0
Income Before Tax
323M
778M
-35M
793M
1.6B
-128M
421M
29M
228M
-336.3K
NET INCOME
Income Tax Expense
(52M)
(136M)
(23M)
(158M)
(320M)
-89M
(60M)
(16M)
(1.3B)
(0.0)
Net Income
265M
639M
-58M
635M
1.2B
-178M
412M
-16M
-1.1B
-336.3K

SEC Filings

FG - Filing history and reports

No SEC filings available for FG

Related Guides

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Research Paths

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1

Snapshot

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2

Value Model

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3

Statements

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4

Earnings Call

Read management commentary and compare it with reported outcomes.

5

Dividends

Check payout sustainability and long-term distribution behavior.

6

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.