Jackson Financial Inc. (JXN) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the JXN SEC filings page.
Jackson Financial Inc. (JXN) reported $6.5B in revenue over the twelve months to Jun 30, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).
Jackson operates with an asset-heavy, liability-funded balance sheet, while reported earnings can swing sharply without matching operating cash flow.
Cash conversion is unusually detached from accounting profit: FY2025 operating cash flow was$5.8B despite a net loss of$17M , following$5.8B of operating cash flow against roughly$902M of net income in FY2024. That gap suggests reported earnings are heavily influenced by timing or non-cash items rather than serving as a clean proxy for cash generation.
Balance-sheet leverage is structural: liabilities represented about
Scale and earnings moved in different directions: FY2025 revenue reached
Financial Health Signals
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 Jackson Financial 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 measures the claims an insurer paid out against the premiums it earned, so a lower ratio leaves more of every premium dollar with the company. Jackson Financial Inc. scores 1/100 on it among other insurers.
Not available for Jackson Financial Inc., and counted as zero in the overall score.
Jackson Financial Inc. funded 2.8% of its assets with shareholders' equity at the end of fiscal year 2025, holding $10.0B of equity against $352.6B of assets. Capital ranks insurers on that cushion, and Jackson Financial Inc. scores 8/100 among other insurers.
Not available for Jackson Financial Inc., and counted as zero in the overall score.
Combined Ratio puts claims and running costs together against premiums earned, and a figure under 100% means the underwriting made money before any investment income was counted. Jackson Financial Inc. scores 1/100 on it among other insurers.
Jackson Financial Inc. reported a net loss of $17.0M in fiscal year 2025, against $902.0M in fiscal year 2024. Stability ranks insurers on how steady net income has been across five years, and Jackson Financial Inc. scores 36/100 among other insurers.
Jackson Financial Inc. passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Jackson Financial Inc. reported a net loss of $17.0M while generating $5.8B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Jackson Financial Inc. generated $168.0M in revenue in Q2 2026. Against the prior quarter it is down 94.2%.
Jackson Financial Inc. reported $655.0M in net income in Q2 2026. This represents an increase of 265.9% from the same quarter a year earlier. Against the prior quarter it is up 254.5%.
Jackson Financial Inc. earned $9.16 per diluted share (EPS) in Q2 2026. This represents an increase of 291.5% from the same quarter a year earlier. Against the prior quarter it is up 246.8%.
Not reported for Q2 2026.
Cash & Balance Sheet
Jackson Financial Inc. held $6.0B in cash against $2.8B in long-term debt as of Q2 2026.
Jackson Financial Inc. paid $0.90 per share in dividends in Q2 2026. This represents an increase of 12.5% from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Margins & Returns
Jackson Financial Inc.'s ROE was 6.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 4.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 11.0 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not shown for Q2 2026: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Jackson Financial Inc. spent $227.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 43.7% from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Not reported for Q2 2026.
JXN 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $168.0M | $2.9B-22.6% | $2.0B+783.6% | $1.4B-33.2% | N/A | $3.8B | $225.0M-74.5% | $2.1B-17.9% |
| SG&A Expenses | $265.0M-3.3% | $299.0M+15.4% | $270.0M-3.9% | $264.0M-14.8% | $274.0M+6.2% | $259.0M-4.4% | $281.0M-6.6% | $310.0M+33.6% |
| Interest Expense | $27.0M+8.0% | $25.0M0.0% | $25.0M0.0% | $25.0M0.0% | $25.0M-3.8% | $25.0M0.0% | $25.0M0.0% | $25.0M-10.7% |
| Income Tax | $5.0M+25.0% | $20.0M+1900.0% | -$172.0M-881.8% | -$19.0M+83.2% | $4.0M-88.9% | $1.0M-99.0% | $22.0M+105.6% | -$113.0M-115.9% |
| Net Income | $655.0M+265.9% | -$424.0M-1666.7% | -$248.0M-182.4% | $76.0M+116.2% | $179.0M-34.9% | -$24.0M-103.0% | $301.0M+118.9% | -$469.0M-116.9% |
| EPS (Basic) | $9.18+292.3% | -$6.24-1200.0% | -$3.00-167.4% | $0.93+114.6% | $2.34-32.2% | -$0.48-104.8% | $4.45+123.5% | -$6.37-118.9% |
| EPS (Diluted) | $9.16+291.5% | -$6.24-1200.0% | -$2.99-168.0% | $0.92+114.4% | $2.34-31.8% | -$0.48 | $4.40+123.9% | -$6.37-119.1% |
| Diluted Shares (Avg) | 70M-2.3% | 70M-5.1% | N/A | 70M-6.8% | 72M-6.7% | 73M | N/A | 75M-9.0% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
JXN 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $367.1B+6.8% | $339.5B+3.8% | $352.6B+4.2% | $353.6B+2.3% | $343.7B+1.8% | $327.2B-3.8% | $338.4B+2.5% | $345.7B+9.9% |
| Cash & Equivalents | $6.0B+58.2% | $5.5B+42.5% | $5.7B+51.4% | $4.6B+49.0% | $3.8B+118.0% | $3.9B+52.9% | $3.8B+40.1% | $3.1B+10.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $356.6B+7.0% | $329.6B+4.1% | $342.2B+4.2% | $343.1B+2.5% | $333.1B+1.7% | $316.7B-4.0% | $328.5B+2.7% | $334.8B+10.0% |
| Long-Term Debt | $2.8B+36.4% | $2.0B-0.1% | $2.0B-0.2% | $2.0B-0.1% | $2.0B-0.2% | $2.0B-0.1% | $2.0B-0.1% | $2.0B-22.8% |
| Total Equity | $10.0B-3.8% | $9.5B-7.8% | $10.0B+1.9% | $10.2B-4.4% | $10.4B+2.7% | $10.3B+1.3% | $9.8B-4.0% | $10.7B+12.9% |
| Retained Earnings | $7.5B-2.4% | $7.0B-8.6% | $7.5B-3.1% | $7.7B+4.2% | $7.7B-2.9% | $7.6B-1.8% | $7.7B+9.6% | $7.4B-14.2% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.
JXN 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.8B+57.6% | $1.0B-34.4% | $1.6B+6.3% | $1.4B+0.4% | $1.2B-20.6% | $1.6B+11.8% | $1.5B-6.7% | $1.4B+20.8% |
| Stock-Based Compensation | N/A | $60.0M+11.1% | N/A | N/A | N/A | $54.0M+20.0% | N/A | N/A |
| Investing Cash Flow | -$3.0B-9.1% | -$2.4B-155.0% | -$1.9B+29.8% | -$2.1B-422.2% | -$2.8B-44.5% | -$953.0M+52.5% | -$2.8B-3077.4% | -$401.0M-118.9% |
| Financing Cash Flow | $1.6B+8.5% | $1.2B+334.2% | $1.5B-24.9% | $1.5B+318.4% | $1.5B+503.5% | -$521.0M-220.3% | $1.9B+208.3% | $359.0M+113.9% |
| Dividends Paid | $62.0M+8.8% | $64.0M+10.3% | $54.0M+5.9% | $54.0M+1.9% | $57.0M+7.5% | $58.0M+7.4% | $51.0M+4.1% | $53.0M+3.9% |
| Share Buybacks | $227.0M+43.7% | $227.0M+12.4% | $152.0M+53.5% | $157.0M+37.7% | $158.0M+45.0% | $202.0M+68.3% | $99.0M+41.4% | $114.0M+58.3% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow.
JXN 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 389.9% | -14.6%-14.0pp | -12.5% | 5.4%+27.5pp | N/A | -0.6% | 133.8% | -22.1% |
| Return on Equity | 6.6%+4.8pp | -4.5%-4.2pp | -2.5%-5.6pp | 0.7%+5.1pp | 1.7%-1.0pp | -0.2%-8.1pp | 3.1%+18.8pp | -4.4%-33.6pp |
| Return on Assets | 0.2%+0.1pp | -0.1%-0.1pp | -0.1%-0.2pp | 0.0%+0.2pp | 0.1%0.0pp | 0.0%-0.2pp | 0.1%+0.6pp | -0.1%-1.0pp |
| Debt-to-Equity | 0.28+0.1x | 0.210.0x | 0.200.0x | 0.200.0x | 0.200.0x | 0.200.0x | 0.210.0x | 0.19-0.1x |
| Asset Turnover | 0.000.0x | 0.010.0x | 0.010.0x | 0.000.0x | 0.000.0x | 0.010.0x | 0.000.0x | 0.010.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Jackson Financial Inc. JXN | FY2025 | $6.7B | -$17.0M | -0.3% | $9.0B | 8/100 |
| Lincoln National Corp. LNC | FY2025 | $18.2B | $1.2B | 6.5% | $7.8B | 19/100 |
| F&G Annuities & Life, Inc. FG | FY2025 | $5.7B | $248.0M | 4.3% | $2.6B | 9/100 |
| PRIMERICA, INC. PRI | FY2025 | $3.3B | $751.2M | 22.8% | $8.4B | 45/100 |
| Genworth Financial, Inc. GNW | FY2025 | $7.3B | $223.0M | 3.0% | $3.6B | 16/100 |
| Brighthouse Financial, Inc. BHF | FY2025 | $6.8B | $331.0M | 4.9% | $2.9B | 5/100 |
Where Jackson Financial Inc. Ranks
Frequently Asked Questions
What is Jackson Financial Inc.'s annual revenue?
Jackson Financial Inc. (JXN) reported $6.7B in total revenue for fiscal year 2025. This represents a 104.3% 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 104.3% year-over-year, from $3.3B to $6.7B in fiscal year 2025.
Is Jackson Financial Inc. profitable?
No, Jackson Financial Inc. (JXN) reported a net income of -$17.0M in fiscal year 2025, with a net profit margin of -0.3%.
How much debt does Jackson Financial Inc. have?
As of fiscal year 2025, Jackson Financial Inc. (JXN) had $5.7B 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 -0.3% in fiscal year 2025, 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 -0.2% for fiscal year 2025, 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 2025, representing cash generated from core business activities.
What are Jackson Financial Inc.'s total assets?
Jackson Financial Inc. (JXN) had $352.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Jackson Financial Inc.'s debt-to-equity ratio?
Jackson Financial Inc. (JXN) had a debt-to-equity ratio of 0.20 as of fiscal year 2025, 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 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Jackson Financial Inc.'s P/E ratio?
Jackson Financial Inc. (JXN) trades at 153x earnings, its market capitalization divided by net income of $59.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $9.0B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Jackson Financial Inc.'s price-to-sales ratio?
Jackson Financial Inc. (JXN) trades at 1.4x sales, its market capitalization divided by revenue of $6.5B revenue, trailing 12 months to June 30, 2026. The market capitalization is $9.0B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Jackson Financial Inc.'s Piotroski F-Score?
Jackson Financial Inc. (JXN) has a Piotroski F-Score of 5 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 Jackson Financial Inc.'s earnings high quality?
Jackson Financial Inc. (JXN) reported a net loss of $17.0M while generating $5.8B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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 Jackson Financial Inc.?
Jackson Financial Inc. (JXN) scores 8 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.