Brighthouse Financial 6.25% Junior Subordinated Debentures due 2058 (BHFAL) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Nov 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BHFAL SEC filings page.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) reported $5.7B in revenue over the twelve months to Sep 30, 2026, down 9.4% from the prior twelve months. 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).
The business is heavily liability-funded, while revenue growth converts unevenly into earnings and cash generation.
In FY2025, revenue grew43.2% , yet net income grew only11.6% , indicating that the larger top line did not translate proportionally into profit. The net margin fell 1.8 percentage points, reinforcing that this was not simply scale dropping through to earnings.
At FY2025, liabilities were
FY2024 paired net income of
Financial Health Signals
We do not publish a peer-relative financial health score for Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 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, the one computable operating efficiency signal (asset turnover improving) passes.
For every $1 of reported earnings, Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 generates $0.60 in operating cash flow ($259.0M OCF vs $433.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 generated $853.0M in revenue in Q3 2026. This represents a decrease of 53.0% from the same quarter a year earlier. Against the prior quarter it is down 47.4%.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 reported $328.0M in net income in Q3 2026. This represents a decrease of 31.5% from the same quarter a year earlier. Against the prior quarter it is down 66.6%.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 earned $5.21 per diluted share (EPS) in Q3 2026. This represents a decrease of 34.0% from the same quarter a year earlier. Against the prior quarter it is down 68.5%.
Not reported for Q3 2026.
Cash & Balance Sheet
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 held $8.5B in cash against $3.2B in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058's net profit margin was 38.5% in Q3 2026, showing the share of revenue converted to profit. This is up 12.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 22.0 percentage points.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058's quarterly ROE was 6.6% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is down 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.4 percentage points.
Not reported for Q3 2026.
Not reported for Q3 2026.
Capital Allocation
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 repurchased no shares in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q3 2026.
Not reported for Q3 2026.
BHFAL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $853.0M-53.0% | $1.6B+86.2% | $1.5B-36.1% | $1.7B+40.2% | $1.8B-10.0% | $871.0M-39.0% | $2.4B+3129.7% | $1.2B-13.9% |
| 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 | $74.0M-28.8% | $245.0M+2962.5% | -$222.0Mn/m | $12.0M-92.6% | $104.0M+940.0% | $8.0Mn/m | -$88.0Mn/m | $162.0M |
| Net Income | $328.0M-31.5% | $981.0M+1054.1% | -$766.0Mn/m | $137.0M-79.6% | $479.0M+172.2% | $85.0M+150.0% | -$268.0Mn/m | $671.0Mn/m |
| EPS (Basic) | $5.24-33.9% | $16.62+1513.6% | -$13.82n/m | $1.95-81.4% | $7.93+218.5% | $1.03 | -$5.04n/m | $10.49n/m |
| EPS (Diluted) | $5.21-34.0% | $16.53+1520.6% | -$13.82n/m | $1.93-81.5% | $7.89+219.4% | $1.02 | -$5.04n/m | $10.46n/m |
| Diluted Shares (Avg) | 58M+0.6% | 58M+0.2% | 57M-1.6% | N/A | 58M-5.6% | 58M | 58M-7.6% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
BHFAL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $238.7B-2.5% | $247.2B+1.9% | $236.8B+0.9% | $241.8B+1.4% | $244.7B-0.2% | $242.6B+2.2% | $234.7B-2.1% | $238.5B+0.9% |
| Cash & Equivalents | $8.5B+29.1% | $7.1B+28.2% | $4.9B+5.1% | $5.4B+6.8% | $6.6B+17.3% | $5.5B+24.7% | $4.7B+22.1% | $5.0B+31.0% |
| Short-Term Investments | $626.0M-19.5% | $960.0M-17.9% | $1.2B-21.2% | $1.2B-35.9% | $778.0M-57.1% | $1.2B-15.8% | $1.6B+16.5% | $1.9B+59.8% |
| Total Liabilities | $233.6B-2.0% | $240.6B+1.5% | $231.2B+0.8% | $235.0B+0.6% | $238.3B-0.5% | $236.9B+1.6% | $229.4B-2.6% | $233.5B+0.9% |
| Long-Term Debt | $3.2B-0.1% | $3.2B0.0% | $3.2B0.0% | $3.2B0.0% | $3.2B0.0% | $3.2B0.0% | $3.2B0.0% | $3.2B0.0% |
| Total Equity | $5.0B-21.2% | $6.5B+15.5% | $5.6B+6.2% | $6.8B+36.5% | $6.4B+15.2% | $5.7B+37.0% | $5.2B+24.9% | $5.0B+0.3% |
| Retained Earnings | -$143.0Mn/m | -$471.0Mn/m | -$1.5Bn/m | -$686.0Mn/m | -$823.0Mn/m | -$1.3Bn/m | -$1.4Bn/m | -$1.1Bn/m |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.
BHFAL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$476.0M-506.8% | -$431.0Mn/m | -$221.0M-251.4% | -$3.0Mn/m | $117.0M+387.5% | -$1.0M-100.3% | $146.0Mn/m | -$118.0M-177.6% |
| Investing Cash Flow | $650.0M-52.6% | -$97.0M-186.6% | -$485.0M-186.1% | -$1.3Bn/m | $1.4Bn/m | $112.0Mn/m | $563.0Mn/m | -$357.0Mn/m |
| Financing Cash Flow | $1.2Bn/m | $2.7B+257.7% | $226.0Mn/m | $80.0Mn/m | -$423.0M-132.7% | $762.0M-44.2% | -$1.1B-196.5% | -$110.0M-126.7% |
| Share Buybacks | $0n/m | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $43.0M-32.8% | $59.0M-4.8% | $60.0M0.0% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid.
BHFAL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 38.5%+12.1pp | 60.5%+50.7pp | -50.2%-39.0pp | 8.1%-47.6pp | 26.4%+17.7pp | 9.8%+7.4pp | -11.2% | 55.7%+121.2pp |
| Return on Equity | 6.6%-1.0pp | 15.0%+13.5pp | -13.8%-8.6pp | 2.0%-11.5pp | 7.5%+4.3pp | 1.5%+0.7pp | -5.1%+6.6pp | 13.5%+32.1pp |
| Return on Assets | 0.1%-0.1pp | 0.4%+0.4pp | -0.3%-0.2pp | 0.1%-0.2pp | 0.2%+0.1pp | 0.0%0.0pp | -0.1%+0.1pp | 0.3%+0.7pp |
| Debt-to-Equity | 0.63+0.1x | 0.48-0.1x | 0.570.0x | 0.47-0.2x | 0.50-0.1x | 0.56-0.2x | 0.60-0.1x | 0.640.0x |
| Liabilities-to-Equity | 46.61+9.2x | 36.73-5.0x | 41.56-2.2x | 34.72-12.4x | 37.44-5.9x | 41.76-14.6x | 43.78-12.3x | 47.09+0.3x |
| Asset Turnover | 0.000.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.000.0x | 0.010.0x | 0.010.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Where Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 Ranks
Frequently Asked Questions
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) 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.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) revenue grew by 43.2% year-over-year, from $4.7B to $6.8B in fiscal year 2025.
Yes, Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) reported a net income of $680.0M over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $433.0M, with a net profit margin of 6.4%.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) 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.
As of fiscal year 2025, Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) had $5.4B in cash and equivalents against $3.2B in long-term debt.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) had a net profit margin of 6.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) has a return on equity of 6.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) generated $259.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) had $241.8B in total assets as of fiscal year 2025, including both current and long-term assets.
Yes, Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) spent $102.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) had a debt-to-equity ratio of 0.47 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) had a liabilities-to-equity ratio of 34.72 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) had a return on assets of 0.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) 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.
Brighthouse Financial, Inc. 6.25% Junior Subordinated Debentures due 2058 (BHFAL) has an earnings quality ratio of 0.60x, 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.