F&G Annuities & Life, Inc. (FG)

F&G Annuities & Life Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Premiums Earned	2,795	2,860	2,413	1,704	1,407
Investment Income	2,837	2,719	2,211	1,655	1,852
Net Gains on Investments	10	84	-124	-1,010	715
Total Other Revenues	89	81	10	-	-
Revenue	5,731	5,744	4,500	2,349	3,974
Revenue Growth (YoY)	-0.23%	27.64%	91.57%	-40.89%	-
Insurance Benefits & Claims	4,130	3,766	3,648	944	1,888
Policy Amortization Costs	665	569	412	324	271
Other Operating Expenses	613	631	475	288	263
Operating Income	323	778	-35	793	1,552
Pretax Income	323	778	-35	793	1,552
Provision for Income Taxes	52	136	23	158	320
Net Income	248	622	-58	635	1,248
Minority Interest in Earnings	6	3	-	-	-
Net Income Attributable to Preferred Dividends	17	17	-	-	-
Earnings From Discontinued Operations	-	-	-	-	8
Net Income to Common	248	622	-58	635	1,248
Net Income Growth	-60.13%	-	-	-49.12%	-
Shares Outstanding (Basic)	131	125	124	115	105
Shares Outstanding (Diluted)	132	131	124	115	105
Shares Change (YoY)	0.76%	5.64%	7.83%	9.52%	-
EPS (Basic)	1.89	4.98	-0.47	5.52	11.81
EPS (Diluted)	1.88	4.88	-0.47	5.52	11.81
EPS Growth	-61.48%	-	-	-53.26%	-
Free Cash Flow	4,666	5,975	5,807	3,139	1,838
Free Cash Flow Growth	-21.91%	2.89%	85.00%	70.78%	-
Free Cash Flow Per Share	35.35	45.61	46.83	27.30	17.50
Dividends Per Share	0.940	0.860	0.820	0.200	-
Dividend Growth	9.30%	4.88%	310.00%	-	-
Operating Margin	5.64%	13.54%	-0.78%	33.76%	39.05%
Profit Margin	4.73%	11.18%	-1.29%	27.03%	31.20%
FCF Margin	81.42%	104.02%	129.04%	133.63%	46.25%
EBITDA	988	1,347	377	1,117	1,823
EBITDA Margin	17.24%	23.45%	8.38%	47.55%	45.87%
EBIT	323	778	-35	793	1,552
EBIT Margin	5.64%	13.54%	-0.78%	33.76%	39.05%
Effective Tax Rate	16.10%	17.48%	-65.71%	19.92%	20.62%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q