What is Brighthouse Finl Inc's earnings per share (EPS)?

Brighthouse Finl Inc (BHF) reported diluted earnings per share of $5.71 for fiscal year 2025. This represents a 23.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Brighthouse Finl Inc Financials

BHF

FY2025 annual

Revenue $6.8B +43.2% YoY

Net Income $331.0M +15.7% YoY

EPS (Diluted) $5.71 +23.1% YoY

Free Cash Flow Not reported for FY2025

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

Brighthouse Finl Inc (BHF) reported $6.8B in revenue for fiscal year 2025, up 43.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BHF FY2025 2026-05-07

Brighthouse’s results are shaped by a huge liability-funded balance sheet, where modest asset returns determine reported earnings.

In the latest year, net income of $331M was accompanied by operating cash flow of $259M, a cleaner match than the prior year’s profit-without-cash pattern and a notable break from the earlier mismatch. That matters because $241.8B of assets produced only 0.1% ROA, so earnings quality depends more on cash conversion than on the profit line by itself.

Corporate debt is not the main balance-sheet burden: cash of $5.4B exceeded long-term debt of $3.2B. The tighter constraint is the capital buffer, because liabilities of $235.0B sit on top of only $6.8B of equity, leaving limited room for asset-value swings.

ROE and ROA tell different stories: latest ROE was 4.9% while ROA was only 0.1%. That gap comes from a thin equity layer, which magnifies both recoveries and setbacks and can make modest whole-balance-sheet performance look stronger at the shareholder-return level.

Financial Health Signals

Financial Health Score 4/100

Scored as: Insurers peer group

Scored against insurers for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Brighthouse Finl Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Loss Ratio

Premium Growth

Not available for Brighthouse Finl Inc, and counted as zero in the overall score.

Capital

Investment Yield

Not available for Brighthouse Finl Inc, and counted as zero in the overall score.

Combined Ratio

Stability

Piotroski F-Score Partial

6/7

Brighthouse Finl Inc passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

0.78x

For every $1 of reported earnings, Brighthouse Finl Inc generates $0.78 in operating cash flow ($259.0M OCF vs $331.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$6.8B

YoY+43.2%

5Y CAGR-4.5%

10Y CAGR-2.7%

Brighthouse Finl Inc generated $6.8B in revenue in fiscal year 2025. This represents an increase of 43.2% from the prior year.

Net Income

$331.0M

YoY+15.7%

10Y CAGR-11.5%

Brighthouse Finl Inc reported $331.0M in net income in fiscal year 2025. This represents an increase of 15.7% from the prior year.

EPS (Diluted)

$5.71

YoY+23.1%

Brighthouse Finl Inc earned $5.71 per diluted share (EPS) in fiscal year 2025. This represents an increase of 23.1% from the prior year.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Cash & Debt

$5.4B

YoY+6.8%

5Y CAGR+5.6%

10Y CAGR+13.1%

Brighthouse Finl Inc held $5.4B in cash against $3.2B in long-term debt as of fiscal year 2025.

Shares Outstanding

57M

YoY-2.5%

5Y CAGR-8.3%

Brighthouse Finl Inc had 57M shares outstanding in fiscal year 2025. This represents a decrease of 2.5% from the prior year.

Free Cash Flow

Not reported for fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Net Margin

4.9%

YoY-1.2pp

5Y CAGR+17.4pp

10Y CAGR-7.7pp

Brighthouse Finl Inc's net profit margin was 4.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.2 percentage points from the prior year.

Return on Equity

4.9%

YoY-0.9pp

5Y CAGR+10.8pp

10Y CAGR-1.8pp

Brighthouse Finl Inc's ROE was 4.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.9 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

Share Buybacks

$102.0M

YoY-59.2%

5Y CAGR-26.4%

Brighthouse Finl Inc spent $102.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 59.2% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

Capital Expenditures

Not reported for fiscal year 2025.

BHF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

BHF annual income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Revenue	$6.7B	$6.8B+43.2%	$4.7B+14.7%	$4.1B-40.1%	$6.9B+38.1%	$5.0B-41.5%	$8.5B+29.7%	$6.6B-26.9%	$9.0B+31.0%	$6.8B+126.7%	$3.0B-66.1%	$8.9B
SG&A Expenses	$441.0M	$449.0M+10.0%	$408.0M-2.4%	$418.0M+19.1%	$351.0M-8.8%	$385.0M+11.3%	$346.0M+3.9%	$333.0M+15.2%	$289.0M+0.7%	$287.0M-28.2%	$400.0M-12.1%	$455.0M
Interest Expense	$152.0M	$152.0M0.0%	$152.0M-0.7%	$153.0M0.0%	$153.0M-6.1%	$163.0M-11.4%	$184.0M-3.7%	$191.0M+20.9%	$158.0M+17.0%	$135.0M+1.5%	$133.0M-21.8%	$170.0M
Income Tax	$139.0M	$36.0M+24.1%	$29.0M+107.9%	-$367.0M-143.3%	$848.0M+134.9%	$361.0M+199.4%	-$363.0M-14.5%	-$317.0M-366.4%	$119.0M+150.2%	-$237.0M+86.6%	-$1.8B-614.9%	$343.0M
Net Income	$729.0M	$331.0M+15.7%	$286.0M+123.6%	-$1.2B-132.2%	$3.8B+142.9%	$1.6B+246.5%	-$1.1B-43.4%	-$740.0M-185.5%	$865.0M+328.8%	-$378.0M+87.1%	-$2.9B-362.6%	$1.1B
EPS (Diluted)	—	$5.71+23.1%	$4.64+125.2%	-$18.39-135.8%	$51.30+179.0%	$18.39+258.8%	-$11.58-71.3%	-$6.76-193.8%	$7.21+328.2%	-$3.16	-$24.54	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$1.6B+6.2%	$1.5B-9.6%	$1.7B-7.0%	$1.8B+108.5%	$871.0M-63.6%	$2.4B+98.3%	$1.2B-40.3%	$2.0B
SG&A Expenses	$111.0M-2.6%	$114.0M-1.7%	$116.0M+16.0%	$100.0M-2.9%	$103.0M-20.8%	$130.0M+38.3%	$94.0M-7.8%	$102.0M
Interest Expense	$38.0M0.0%	$38.0M0.0%	$38.0M0.0%	$38.0M0.0%	$38.0M0.0%	$38.0M0.0%	$38.0M0.0%	$38.0M
Income Tax	$245.0M+210.4%	-$222.0M-1950.0%	$12.0M-88.5%	$104.0M+1200.0%	$8.0M+109.1%	-$88.0M-154.3%	$162.0M+1520.0%	$10.0M
Net Income	$981.0M+228.1%	-$766.0M-2288.6%	$35.0M-92.7%	$479.0M+463.5%	$85.0M+131.7%	-$268.0M-147.1%	$569.0M+223.3%	$176.0M
EPS (Diluted)	$16.53+219.6%	-$13.82	N/A	$7.89+673.5%	$1.02	-$5.04	N/A	$2.47

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

BHF Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

BHF annual balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Total Assets	$241.8B+1.4%	$238.5B+0.9%	$236.3B+5.1%	$224.8B-14.3%	$262.3B+5.8%	$247.9B+9.1%	$227.3B+10.2%	$206.3B-8.0%	$224.2B+1.0%	$221.9B	N/A
Cash & Equivalents	$5.4B+6.8%	$5.0B+31.0%	$3.9B-6.4%	$4.1B-8.0%	$4.5B+8.9%	$4.1B+42.8%	$2.9B-30.6%	$4.1B+123.2%	$1.9B-64.5%	$5.2B+233.0%	$1.6B
Total Liabilities	$235.0B+0.6%	$233.5B+0.9%	$231.3B+5.5%	$219.2B-13.6%	$253.8B+10.5%	$229.8B+8.9%	$211.0B+10.0%	$191.8B-8.5%	$209.6B+1.2%	$207.1B	N/A
Long-Term Debt	$3.2B0.0%	$3.2B0.0%	$3.2B0.0%	$3.2B0.0%	$3.2B-8.1%	$3.4B-21.3%	$4.4B+10.1%	$4.0B+9.7%	$3.6B+89.1%	$1.9B	N/A
Total Equity	$6.8B+36.5%	$5.0B+0.3%	$4.9B-10.7%	$5.5B-65.7%	$16.1B-10.4%	$18.0B+11.4%	$16.2B+12.2%	$14.4B-0.7%	$14.5B-2.3%	$14.9B-11.7%	$16.8B
Retained Earnings	-$686.0M+38.7%	-$1.1B+25.7%	-$1.5B-281.5%	-$395.0M+90.8%	-$4.3B-700.4%	-$534.0M-191.3%	$585.0M-56.5%	$1.3B+231.5%	$406.0M	$0	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$247.2B+4.4%	$236.8B-2.1%	$241.8B-1.2%	$244.7B+0.8%	$242.6B+3.4%	$234.7B-1.6%	$238.5B-2.7%	$245.2B
Cash & Equivalents	$7.1B+44.8%	$4.9B-8.9%	$5.4B-18.5%	$6.6B+19.2%	$5.5B+18.7%	$4.7B-7.5%	$5.0B-10.4%	$5.6B
Total Liabilities	$240.6B+4.1%	$231.2B-1.6%	$235.0B-1.4%	$238.3B+0.6%	$236.9B+3.3%	$229.4B-1.8%	$233.5B-2.5%	$239.6B
Long-Term Debt	$3.2B0.0%	$3.2B0.0%	$3.2B0.0%	$3.2B0.0%	$3.2B0.0%	$3.2B0.0%	$3.2B0.0%	$3.2B
Total Equity	$6.5B+17.7%	$5.6B-17.8%	$6.8B+6.4%	$6.4B+12.2%	$5.7B+8.3%	$5.2B+5.6%	$5.0B-10.2%	$5.5B
Retained Earnings	-$471.0M+67.6%	-$1.5B-111.7%	-$686.0M+16.6%	-$823.0M+36.8%	-$1.3B+6.1%	-$1.4B-23.9%	-$1.1B+37.5%	-$1.8B

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities.

BHF Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

BHF annual cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Operating Cash Flow	-$538.0M	$259.0M+189.3%	-$290.0M-111.7%	-$137.0M+88.8%	-$1.2B-291.6%	$641.0M-27.8%	$888.0M-51.4%	$1.8B-40.3%	$3.1B-9.8%	$3.4B-9.1%	$3.7B-19.3%	$4.6B
Investing Cash Flow	-$506.0M	$751.0M+134.2%	-$2.2B+31.4%	-$3.2B+61.4%	-$8.3B+32.4%	-$12.2B-109.4%	-$5.8B+20.4%	-$7.3B-61.8%	-$4.5B-15.9%	-$3.9B-183.8%	$4.7B+166.4%	-$7.0B
Financing Cash Flow	$2.6B	-$668.0M-118.2%	$3.7B+19.8%	$3.1B-66.4%	$9.1B-23.6%	$12.0B+93.4%	$6.2B+45.7%	$4.2B+12.8%	$3.8B+232.0%	-$2.9B+40.0%	-$4.8B-299.7%	$2.4B
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$556.0M-20.5%	$699.0M
Share Buybacks	$0	$102.0M-59.2%	$250.0M0.0%	$250.0M-48.8%	$488.0M-2.2%	$499.0M+5.5%	$473.0M+7.0%	$442.0M+321.0%	$105.0M	$0	$0	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$431.0M-95.0%	-$221.0M-7266.7%	-$3.0M-102.6%	$117.0M+11800.0%	-$1.0M-100.7%	$146.0M+223.7%	-$118.0M-591.7%	$24.0M
Investing Cash Flow	-$97.0M+80.0%	-$485.0M+62.6%	-$1.3B-194.5%	$1.4B+1125.0%	$112.0M-80.1%	$563.0M+257.7%	-$357.0M-174.6%	-$130.0M
Financing Cash Flow	$2.7B+1106.2%	$226.0M+182.5%	$80.0M+118.9%	-$423.0M-155.5%	$762.0M+170.1%	-$1.1B-888.2%	-$110.0M-108.5%	$1.3B
Share Buybacks	$0	$0	$0	$0-100.0%	$43.0M-27.1%	$59.0M-1.7%	$60.0M-6.3%	$64.0M

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.

BHF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

BHF annual financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Net Margin	4.9%-1.2pp	6.0%+35.5pp	-29.5%-84.4pp	54.9%+23.7pp	31.2%+43.7pp	-12.5%-1.2pp	-11.3%-20.9pp	9.7%+15.2pp	-5.5%+91.9pp	-97.4%-110.0pp	12.6%
Return on Equity	4.9%-0.9pp	5.8%+30.3pp	-24.6%-92.8pp	68.2%+58.6pp	9.6%+15.5pp	-5.9%-1.3pp	-4.6%-10.6pp	6.0%+8.6pp	-2.6%+17.2pp	-19.8%-26.4pp	6.7%
Return on Assets	0.1%0.0pp	0.1%+0.6pp	-0.5%-2.2pp	1.7%+1.1pp	0.6%+1.0pp	-0.4%-0.1pp	-0.3%-0.8pp	0.4%+0.6pp	-0.2%+1.1pp	-1.3%	N/A
Debt-to-Equity	0.47-0.2x	0.640.0x	0.64+0.1x	0.57+0.4x	0.200.0x	0.19-0.1x	0.270.0x	0.270.0x	0.25+0.1x	0.13	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Net Margin	60.5%+110.6pp	-50.2%-52.2pp	2.1%-24.3pp	26.4%+16.6pp	9.8%+21.0pp	-11.2%-58.4pp	47.2%+38.5pp	8.7%
Return on Equity	15.0%+28.7pp	-13.8%-14.3pp	0.5%-7.0pp	7.5%+6.0pp	1.5%+6.6pp	-5.1%-16.6pp	11.5%+8.3pp	3.2%
Return on Assets	0.4%+0.7pp	-0.3%-0.3pp	0.0%-0.2pp	0.2%+0.2pp	0.0%+0.1pp	-0.1%-0.3pp	0.2%+0.2pp	0.1%
Debt-to-Equity	0.48-0.1x	0.57+0.1x	0.470.0x	0.50-0.1x	0.560.0x	0.600.0x	0.64+0.1x	0.57

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

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Where Brighthouse Finl Inc Ranks

Frequently Asked Questions

What is Brighthouse Finl Inc's annual revenue?

Brighthouse Finl Inc (BHF) reported $6.8B in total revenue for fiscal year 2025. This represents a 43.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Brighthouse Finl Inc's revenue growing?

Brighthouse Finl Inc (BHF) revenue grew by 43.2% year-over-year, from $4.7B to $6.8B in fiscal year 2025.

Is Brighthouse Finl Inc profitable?

Yes, Brighthouse Finl Inc (BHF) reported a net income of $331.0M in fiscal year 2025, with a net profit margin of 4.9%.

How much debt does Brighthouse Finl Inc have?

As of fiscal year 2025, Brighthouse Finl Inc (BHF) had $5.4B in cash and equivalents against $3.2B in long-term debt.

What is Brighthouse Finl Inc's net profit margin?

Brighthouse Finl Inc (BHF) had a net profit margin of 4.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Brighthouse Finl Inc's return on equity (ROE)?

Brighthouse Finl Inc (BHF) has a return on equity of 4.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Brighthouse Finl Inc's operating cash flow?

Brighthouse Finl Inc (BHF) generated $259.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Brighthouse Finl Inc's total assets?

Brighthouse Finl Inc (BHF) had $241.8B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Brighthouse Finl Inc buy back shares?

Yes, Brighthouse Finl Inc (BHF) spent $102.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Brighthouse Finl Inc have outstanding?

Brighthouse Finl Inc (BHF) had 57M shares outstanding as of fiscal year 2025.

What is Brighthouse Finl Inc's debt-to-equity ratio?

Brighthouse Finl Inc (BHF) had a debt-to-equity ratio of 0.47 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Brighthouse Finl Inc's return on assets (ROA)?

Brighthouse Finl Inc (BHF) had a return on assets of 0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Brighthouse Finl Inc's Piotroski F-Score?

Brighthouse Finl Inc (BHF) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Brighthouse Finl Inc's earnings high quality?

Brighthouse Finl Inc (BHF) has an earnings quality ratio of 0.78x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Brighthouse Finl Inc?

Brighthouse Finl Inc (BHF) scores 4 out of 100 on our Financial Health Score, indicating weak standing within its insurers peer group. The score is a 0-100 composite of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.