Jackson Financial Inc.

Life Insurance

JXNStrained7 of 10 basics passed

$129.71

-2.52%

Market cap $8.79B

$129.71

-2.52%

Market cap $8.79B

Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings are comprised of annuities, designed to help retail investors save for and live in retirement.

It is a $8.79B financial services company. Revenue grew 30.0% over the last year, and it keeps 0¢ of every dollar of sales as profit. It trades at 85.3× earnings.

Website: jackson.com
Location: Lansing, MI
Employees: 3 890
Sector: Financial Services

Share price · 3 years

$38.15 → $129.71+240.0%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $17.4B
Profit: keeps 0¢ of every $1 sold; $65.0M
Free cash flow: cash left after running the business; $13.8B
P/E: years of profit in the price; 85.3
EPS: earnings per share, TTM; $0.84
Dividend: pays out 19% of profit · 2% of FCF; 3.16%
Shares: down 18% since 2021 — buybacks; 77.5M
Volatility: beta vs the market — under 1 swings less; 1.40

Revenue, last 6 years

52-week range

Low $90.62$129.71High $140.63

Today's price is 78% of the way from the year's low to its high.

Valuation vs own history

P/E

108.5×

11%

P/S

1.4×

43%

EV/EBITDA

19.9×

10%

P/B

0.8×

Share of the last ~5 years that was pricier than today (unusually expensive vs its own history). Based on the daily valuation record.

Standing in Financial Services

Size$8.79Btop 94%
Revenue growth-23%top 100%
Net margin2%top 89%
Return on equity1%top 89%
P/E85.3×top 98%
Dividend yield3.16%top 24%

Ranked against 129 Financial Services companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Growth, Profitability, Health, Quality and Moat lag behind.

Valuation50

P/E vs own history89th pct · 0/25
FCF yield157.4% · 25/25
P/S1.4x · 25/25
EV/EBITDA88.4x · 0/25

Growth25

Revenue CAGR-6.8% · 0/25
Net income CAGR-69.7% · 0/25
EPS CAGR ~5Yn/a · 0/25
Fwd implied growth1842.0% · 25/25

Profitability16

ROICn/a · 0/25
ROE1.0% · 5/25
Net margin0.4% · 6/25
Operating margin1.0% · 5/25

Health3

Altman Zn/a · 0/25
Current ration/a · 0/25
Interest coverage0.4x · 3/25
Net cash / debtn/a · 0/25

Quality34

Piotroski F7/9 · 22/25
Beneish M-1.93 · 12/25
FCF conversionn/a · 0/25
Margin stabilityσ 68.1% · 0/25

Moat36

ROIC >12% years2/5 yrs · 6/25
Median gross margin58.3% · 25/25
FCF-positive yearsn/a · 0/25
Worst-year net marginworst -3.2% · 5/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2022Financial
Became debt-free
cash now exceeds total debt
FY2022Financial
Best year on record
$19.1B net income
FY2021Financial
First recorded profitable year
$8.17B net income
FY2021Financial
Revenue already above $10B
$21.8B in first reported year
FY2021Financial
Positive free cash flow every year since
6-year streak

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$46 491 today — price return only

$6.0B revenue in FY2026

Revenue up 30.0% year over year

Positive free cash flow 6 years in a row

3 890 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Revenue growing 30.0% year over year
Strong cash conversion — FCF is 79.7% of revenue
Piotroski F-Score 7/9 — fundamentally strong checklist

Watch-outs

Thin interest coverage (0.4×)

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

7 of 10 checks passed

Revenue growing — the company sells more than a year ago+30.0% YoY
Profitable — makes more than it spends$65.0M TTM
Profit growing — earnings are higher than last year-81.9% YoY
Generates cash — cash left after running and investing$13.8B TTM
Debt under control — could handle its obligationsno data
Established company — not a micro-cap — lower blow-up risk$8.79B market cap
Not printing shares — share count not ballooning — you keep your slice-18.0% shares over ~5y
Proven track record — years of profitability behind it5/6 profitable years
Financially stable — balance sheet not near distresshealth score 0/100
Pays a dividend — returns cash to shareholdersyield 3.16%
Valuation not extreme — price not wildly above earningsP/E 85.3

Peer comparisonJackson Financial Inc. vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
JXN this company	$8.8B	85.3	+30.0%	0.4%	Strained
BRK.A Berkshire Hathaway Inc.	$1.1T	11.6	+3.9%	22.3%	Mixed
BRK.B Berkshire Hathaway	$1.1T	11.6	+0.0%	18.0%	Strong
JPM JPMorgan Chase & Co.	$886.2B	13.6	+13.5%	32.6%	Strained
V VISA Inc.	$723.9B	31.9	+14.4%	50.8%	Solid
MA Mastercard Incorporated	$516.4B	31.7	+16.0%	46.3%	Mixed
BAC Bank of America Corporation	$380.4B	11.3	+15.9%	27.8%	Mixed

Head-to-head: JXN vs BRK.A · JXN vs BRK.B · JXN vs JPM

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 2Buy 3Hold 3

Appendix · Financial records

The full statements behind this CV, FY2021–FY2026. For readers who want to check the numbers.

Profit & lossRevenue $17.4B · net income $65.0M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2026 revenue flows to profit

RevenueNet income

Revenue (TTM)

$17.4B

YoY 30.0%

Net income (TTM)

$65.0M

Margin 0.4%

Operating margin

1.0%

P/E ratio

85.3

Dividend yield

3.16%

Income statement — full detail

Figures in USD billions · EPS in USD

	2021	2022	2023	2024	2025	2026
Revenue	21.8	44.6	4.3	6.9	18.4	6.0
Gross profit	11.8	38.6	-1.9	-0.1	11.5	3.8
Operating income (EBIT)	0.7	19.1	-10.3	-7.6	3.2	1.2
Net income	8.2	19.1	1.6	3.4	0.4	-0.2
EPS (diluted)	86.50	214.86	19.01	42.34	—	-2.49

Cash flowFree cash flow $13.8B · operating cash flow $13.8B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$13.8B

Margin 79.7%

Operating cash flow (TTM)

$13.8B

Cash flow statement — full detail

Figures in USD billions

	2021	2022	2023	2024	2025	2026
Operating cash flow	11.5	11.1	13.0	14.4	14.3	3.9
Capital expenditure	—	—	—	—	—	—
Free cash flow	11.5	11.1	13.0	14.4	14.3	3.9
FCF margin	52.6%	24.9%	299.5%	208.0%	77.4%	66.0%

Balance sheetAssets — · debt n/a (FY2026)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

Interest coverage

0.4x

EBIT ÷ interest expense

ROE

1.0%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2021	2022	2023	2024	2025	2026
Cash & equivalents	2.6	4.3	2.7	3.8	5.7	—
Total assets	375.5	311.1	330.3	338.4	352.6	—
Total liabilities	364.4	301.9	319.9	328.5	342.2	—
Total debt	2.6	2.6	2.0	2.0	2.0	—
Equity	10.4	8.4	10.2	9.8	10.0	—
Net debt	0.0	-1.7	-0.7	-1.7	-3.7	—

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of JXN on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $129.71 · market cap $8.79B.