Jackson Financial Inc Financials
Financial Health Signals
Jackson Financial Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Jackson Financial Inc generates $6.12 in operating cash flow ($5.8B OCF vs $946.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
This page shows Jackson Financial Inc (JXN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
Key Financial Metrics
Jackson Financial Inc generated $3.3B in revenue in fiscal year 2024. This represents an increase of 6.1% from the prior year.
Jackson Financial Inc reported $946.0M in net income in fiscal year 2024. This represents an increase of 1.3% from the prior year.
Jackson Financial Inc earned $11.74 per diluted share (EPS) in fiscal year 2024. This represents an increase of 9.1% from the prior year.
Jackson Financial Inc held $3.8B in cash against $2.0B in long-term debt as of fiscal year 2024.
Jackson Financial Inc had 73M shares outstanding in fiscal year 2024. This represents a decrease of 6.7% from the prior year.
Jackson Financial Inc's net profit margin was 28.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1.4 percentage points from the prior year.
Jackson Financial Inc's ROE was 9.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the prior year.
Jackson Financial Inc spent $442.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 44.4% from the prior year.
JXN Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B+400.6% | -$471.0M-112.6% | $3.8B+1566.7% | $225.0M-82.0% | $1.2B+487.3% | -$322.0M-136.5% | $882.0M-65.9% | $2.6B |
| 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 | $264.0M-3.6% | $274.0M+5.8% | $259.0M-7.8% | $281.0M+8.9% | $258.0M-4.8% | $271.0M-10.0% | $301.0M+29.7% | $232.0M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $25.0M0.0% | $25.0M0.0% | $25.0M0.0% | $25.0M-3.8% | $26.0M+4.0% | $25.0M0.0% | $25.0M-10.7% | $28.0M |
| Income Tax | -$19.0M-575.0% | $4.0M+300.0% | $1.0M-95.5% | $22.0M-38.9% | $36.0M-64.4% | $101.0M+125.6% | -$395.0M-155.5% | $712.0M |
| Net Income | $76.0M-57.5% | $179.0M+845.8% | -$24.0M-107.0% | $345.0M+25.5% | $275.0M-65.4% | $795.0M+151.0% | -$1.6B-156.2% | $2.8B |
| EPS (Diluted) | $0.92-60.7% | $2.34+587.5% | $-0.48-110.1% | $4.74+38.2% | $3.43-65.5% | $9.94+153.2% | $-18.69-156.0% | $33.35 |
JXN Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $353.6B+2.9% | $343.7B+5.1% | $327.2B-3.3% | $338.4B+0.2% | $337.8B-0.7% | $340.3B+3.0% | $330.3B+5.0% | $314.5B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $4.6B+20.6% | $3.8B-2.6% | $3.9B+3.2% | $3.8B+117.0% | $1.7B-31.7% | $2.5B-5.4% | $2.7B-2.6% | $2.8B |
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $343.1B+3.0% | $333.1B+5.2% | $316.7B-3.6% | $328.5B+0.3% | $327.5B-0.7% | $329.9B+3.1% | $319.9B+5.1% | $304.3B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $2.0B0.0% | $2.0B0.0% | $2.0B-0.2% | $2.0B0.0% | $2.0B0.0% | $2.0B-0.2% | $2.0B-22.7% | $2.6B |
| Total Equity | $10.2B-1.2% | $10.4B+0.5% | $10.3B+5.5% | $9.8B-3.2% | $10.1B-0.8% | $10.2B0.0% | $10.2B+7.3% | $9.5B |
| Retained Earnings | $7.7B+0.1% | $7.7B+1.4% | $7.6B-1.2% | $7.7B-3.2% | $8.0B+2.6% | $7.8B+10.3% | $7.0B-18.7% | $8.7B |
JXN Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.4B+16.8% | $1.2B-26.4% | $1.6B+4.5% | $1.5B+3.2% | $1.5B+3.6% | $1.4B-12.7% | $1.6B+44.7% | $1.1B |
| 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 | -$2.1B+24.3% | -$2.8B-190.1% | -$953.0M+65.6% | -$2.8B-44.7% | -$1.9B+4.6% | -$2.0B-2257.0% | $93.0M-95.6% | $2.1B |
| Financing Cash Flow | $1.5B+0.9% | $1.5B+385.8% | -$521.0M-126.7% | $1.9B+628.5% | -$369.0M-185.2% | $433.0M+124.0% | -$1.8B+30.4% | -$2.6B |
| Dividends Paid | $54.0M-5.3% | $57.0M-1.7% | $58.0M+13.7% | $51.0M-3.8% | $53.0M-1.9% | $54.0M+10.2% | $49.0M-3.9% | $51.0M |
| Share Buybacks | $157.0M-0.6% | $158.0M-21.8% | $202.0M+104.0% | $99.0M-9.2% | $109.0M-9.2% | $120.0M+71.4% | $70.0M-2.8% | $72.0M |
JXN Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| 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 | 5.4% | N/A | -0.6%-154.0pp | 153.3%+131.3pp | 22.1% | N/A | -176.8%-284.0pp | 107.3% |
| Return on Equity | 0.7%-1.0pp | 1.7% | N/A | 3.5%+0.8pp | 2.7%-5.1pp | 7.8% | N/A | 29.3% |
| Return on Assets | 0.0%-0.0pp | 0.1%+0.1pp | -0.0%-0.1pp | 0.1%+0.0pp | 0.1%-0.1pp | 0.2%+0.7pp | -0.5%-1.4pp | 0.9% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.200.0 | 0.200.0 | 0.20-0.0 | 0.210.0 | 0.200.0 | 0.200.0 | 0.20-0.1 | 0.28 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Jackson Financial Inc's annual revenue?
Jackson Financial Inc (JXN) reported $3.3B in total revenue for fiscal year 2024. This represents a 6.1% 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 Jackson Financial Inc's revenue growing?
Jackson Financial Inc (JXN) revenue grew by 6.1% year-over-year, from $3.1B to $3.3B in fiscal year 2024.
Is Jackson Financial Inc profitable?
Yes, Jackson Financial Inc (JXN) reported a net income of $946.0M in fiscal year 2024, with a net profit margin of 28.9%.
What is Jackson Financial Inc's earnings per share (EPS)?
Jackson Financial Inc (JXN) reported diluted earnings per share of $11.74 for fiscal year 2024. This represents a 9.1% 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.
How much debt does Jackson Financial Inc have?
As of fiscal year 2024, Jackson Financial Inc (JXN) had $3.8B in cash and equivalents against $2.0B in long-term debt.
What is Jackson Financial Inc's net profit margin?
Jackson Financial Inc (JXN) had a net profit margin of 28.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Jackson Financial Inc's return on equity (ROE)?
Jackson Financial Inc (JXN) has a return on equity of 9.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Jackson Financial Inc's operating cash flow?
Jackson Financial Inc (JXN) generated $5.8B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Jackson Financial Inc's total assets?
Jackson Financial Inc (JXN) had $338.4B in total assets as of fiscal year 2024, including both current and long-term assets.
Does Jackson Financial Inc buy back shares?
Yes, Jackson Financial Inc (JXN) spent $442.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Jackson Financial Inc have outstanding?
Jackson Financial Inc (JXN) had 73M shares outstanding as of fiscal year 2024.
What is Jackson Financial Inc's debt-to-equity ratio?
Jackson Financial Inc (JXN) had a debt-to-equity ratio of 0.21 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Jackson Financial Inc's return on assets (ROA)?
Jackson Financial Inc (JXN) had a return on assets of 0.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Jackson Financial Inc's Piotroski F-Score?
Jackson Financial Inc (JXN) has a Piotroski F-Score of 6 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 Jackson Financial Inc's earnings high quality?
Jackson Financial Inc (JXN) has an earnings quality ratio of 6.12x, 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.