F&G Annuities & Life Inc Financials
This page shows F&G Annuities & Life Inc (FGSN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
Financial Health Signals
F&G Annuities & Life Inc passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, F&G Annuities & Life Inc generates $9.39 in operating cash flow ($6.0B OCF vs $639.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
F&G Annuities & Life Inc generated $5.7B in revenue in fiscal year 2024. This represents an increase of 27.6% from the prior year.
F&G Annuities & Life Inc reported $639.0M in net income in fiscal year 2024. This represents an increase of 1201.7% from the prior year.
F&G Annuities & Life Inc earned $4.88 per diluted share (EPS) in fiscal year 2024. This represents an increase of 1138.3% from the prior year.
F&G Annuities & Life Inc held $2.3B in cash against $2.2B in long-term debt as of fiscal year 2024.
F&G Annuities & Life Inc paid $0.85 per share in dividends in fiscal year 2024. This represents an increase of 4.9% from the prior year.
F&G Annuities & Life Inc had 127M shares outstanding in fiscal year 2024. This represents an increase of 0.4% from the prior year.
F&G Annuities & Life Inc's net profit margin was 11.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 12.4 percentage points from the prior year.
F&G Annuities & Life Inc's ROE was 16.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
F&G Annuities & Life Inc spent $12.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 33.3% from the prior year.
FGSN Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7B+24.2% | $1.4B+50.2% | $908.0M-41.8% | $1.6B+8.0% | $1.4B+23.2% | $1.2B-25.3% | $1.6B-2.7% | $1.6B |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $42.0M+2.4% | $41.0M+2.5% | $40.0M+5.3% | $38.0M+5.6% | $36.0M+28.6% | $28.0M-6.7% | $30.0M+15.4% | $26.0M |
| Income Tax | $11.0M-26.7% | $15.0M+400.0% | -$5.0M-105.9% | $85.0M+440.0% | -$25.0M-150.0% | $50.0M+92.3% | $26.0M+134.2% | -$76.0M |
| Net Income | $118.0M+195.0% | $40.0M+290.5% | -$21.0M-106.4% | $327.0M+5550.0% | -$6.0M-103.0% | $203.0M+76.5% | $115.0M+138.5% | -$299.0M |
| EPS (Diluted) | $0.85+226.9% | $0.26+230.0% | $-0.20-107.9% | $2.53+3262.5% | $-0.08-105.2% | $1.55+76.1% | $0.88+136.7% | $-2.40 |
FGSN Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $96.1B+4.7% | $91.8B+4.3% | $88.0B+3.6% | $84.9B+1.0% | $84.1B+7.1% | $78.5B+5.5% | $74.4B+6.0% | $70.2B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $2.2B+16.2% | $1.9B-42.8% | $3.3B+45.5% | $2.3B-36.0% | $3.5B+0.4% | $3.5B+48.7% | $2.4B+51.8% | $1.6B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $2.2B0.0% | $2.2B0.0% | $2.2B0.0% | $2.2B0.0% | $2.2B+8.0% | $2.0B0.0% | $2.0B+15.3% | $1.7B |
| Total Liabilities | $91.2B+4.5% | $87.3B+4.5% | $83.5B+3.3% | $80.9B+1.5% | $79.6B+6.6% | $74.7B+5.6% | $70.8B+5.4% | $67.1B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $2.2B0.0% | $2.2B0.0% | $2.2B+2.9% | $2.2B+6.5% | $2.0B0.0% | $2.0B+16.6% | $1.7B-0.3% | $1.8B |
| Total Equity | $4.8B+8.7% | $4.4B+1.7% | $4.4B+10.4% | $4.0B-9.1% | $4.3B+18.9% | $3.7B+3.0% | $3.5B+14.3% | $3.1B |
| Retained Earnings | $2.5B+3.5% | $2.4B+0.2% | $2.4B-2.1% | $2.4B+13.8% | $2.1B-1.7% | $2.2B+8.5% | $2.0B+4.4% | $1.9B |
FGSN Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $937.0M-42.2% | $1.6B+69.5% | $956.0M-27.6% | $1.3B-36.8% | $2.1B+98.1% | $1.1B-31.2% | $1.5B-31.0% | $2.2B |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$1.9B+46.0% | -$3.5B-328.2% | -$809.0M+71.2% | -$2.8B-46.6% | -$1.9B-3.8% | -$1.8B-33.3% | -$1.4B+57.6% | -$3.3B |
| Financing Cash Flow | $1.2B+184.4% | $435.0M-50.7% | $882.0M+314.1% | $213.0M+232.3% | -$161.0M-108.3% | $1.9B+195.0% | $659.0M-23.6% | $863.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | $26.0M0.0% | $26.0M |
| Share Buybacks | $0 | $0-100.0% | $3.0M-50.0% | $6.0M | $0 | $0-100.0% | $6.0M | $0 |
FGSN Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 7.0%+4.0pp | 2.9%+5.2pp | -2.3%-23.3pp | 21.0%+21.4pp | -0.4%-17.7pp | 17.3%+10.0pp | 7.3%+25.9pp | -18.6% |
| Return on Equity | 2.5%+1.6pp | 0.9% | N/A | 8.3% | N/A | 5.6%+2.3pp | 3.2% | N/A |
| Return on Assets | 0.1%+0.1pp | 0.0%+0.1pp | -0.0%-0.4pp | 0.4%+0.4pp | -0.0%-0.3pp | 0.3%+0.1pp | 0.1%+0.6pp | -0.4% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.46-0.0 | 0.500.0 | 0.51-0.0 | 0.55+0.1 | 0.47-0.1 | 0.56+0.1 | 0.49-0.1 | 0.57 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is F&G Annuities & Life Inc's annual revenue?
F&G Annuities & Life Inc (FGSN) reported $5.7B in total revenue for fiscal year 2024. This represents a 27.6% 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 F&G Annuities & Life Inc's revenue growing?
F&G Annuities & Life Inc (FGSN) revenue grew by 27.6% year-over-year, from $4.5B to $5.7B in fiscal year 2024.
Is F&G Annuities & Life Inc profitable?
Yes, F&G Annuities & Life Inc (FGSN) reported a net income of $639.0M in fiscal year 2024, with a net profit margin of 11.1%.
What is F&G Annuities & Life Inc's earnings per share (EPS)?
F&G Annuities & Life Inc (FGSN) reported diluted earnings per share of $4.88 for fiscal year 2024. This represents a 1138.3% 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.
How much debt does F&G Annuities & Life Inc have?
As of fiscal year 2024, F&G Annuities & Life Inc (FGSN) had $2.3B in cash and equivalents against $2.2B in long-term debt.
What is F&G Annuities & Life Inc's net profit margin?
F&G Annuities & Life Inc (FGSN) had a net profit margin of 11.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does F&G Annuities & Life Inc pay dividends?
Yes, F&G Annuities & Life Inc (FGSN) paid $0.85 per share in dividends during fiscal year 2024.
What is F&G Annuities & Life Inc's return on equity (ROE)?
F&G Annuities & Life Inc (FGSN) has a return on equity of 16.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is F&G Annuities & Life Inc's operating cash flow?
F&G Annuities & Life Inc (FGSN) generated $6.0B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are F&G Annuities & Life Inc's total assets?
F&G Annuities & Life Inc (FGSN) had $84.9B in total assets as of fiscal year 2024, including both current and long-term assets.
Does F&G Annuities & Life Inc buy back shares?
Yes, F&G Annuities & Life Inc (FGSN) spent $12.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does F&G Annuities & Life Inc have outstanding?
F&G Annuities & Life Inc (FGSN) had 127M shares outstanding as of fiscal year 2024.
What is F&G Annuities & Life Inc's debt-to-equity ratio?
F&G Annuities & Life Inc (FGSN) had a debt-to-equity ratio of 0.55 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is F&G Annuities & Life Inc's return on assets (ROA)?
F&G Annuities & Life Inc (FGSN) had a return on assets of 0.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is F&G Annuities & Life Inc's Piotroski F-Score?
F&G Annuities & Life Inc (FGSN) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are F&G Annuities & Life Inc's earnings high quality?
F&G Annuities & Life Inc (FGSN) has an earnings quality ratio of 9.39x, considered cash-backed (high 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.