F&G Annuities & Life Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Premiums Earned	2,785	2,795	2,860	2,413	1,704	1,407
Investment Income	2,894	2,837	2,719	2,211	1,655	1,852
Net Gains on Investments	241	10	84	-124	-1,010	715
Total Other Revenues	90	89	81	10	-	-
Revenue	6,010	5,731	5,744	4,500	2,349	3,974
Revenue Growth (YoY)	18.24%	-0.23%	27.64%	91.57%	-40.89%	-
Insurance Benefits & Claims	4,054	4,130	3,766	3,648	944	1,888
Policy Amortization Costs	685	665	569	412	324	271
Other Operating Expenses	599	613	631	475	288	263
Operating Income	672	323	778	-35	793	1,552
Pretax Income	672	323	778	-35	793	1,552
Provision for Income Taxes	131	52	136	23	158	320
Net Income	517	248	622	-58	635	1,248
Minority Interest in Earnings	7	6	3	-	-	-
Net Income Attributable to Preferred Dividends	17	17	17	-	-	-
Earnings From Discontinued Operations	-	-	-	-	-	8
Net Income to Common	517	248	622	-58	635	1,248
Net Income Growth	6.38%	-60.13%	-	-	-49.12%	-
Shares Outstanding (Basic)	133	131	125	124	115	105
Shares Outstanding (Diluted)	138	132	131	124	115	105
Shares Change (YoY)	7.62%	0.76%	5.64%	7.83%	9.52%	-
EPS (Basic)	3.88	1.89	4.98	-0.47	5.52	11.81
EPS (Diluted)	3.81	1.88	4.88	-0.47	5.52	11.81
EPS Growth	1.06%	-61.48%	-	-	-53.26%	-
Shares Outstanding	134.33	135.61	126.79	126.33	126.41	105
Free Cash Flow	4,456	4,666	5,975	5,807	3,139	1,838
Free Cash Flow Growth	-4.50%	-21.91%	2.89%	85.00%	70.78%	-
Free Cash Flow Per Share	32.35	35.35	45.61	46.83	27.30	17.50
Dividends Per Share	0.970	0.940	0.860	0.820	0.200	-
Dividend Growth	3.19%	9.30%	4.88%	310.00%	-	-
Operating Margin	11.18%	5.64%	13.54%	-0.78%	33.76%	39.05%
Profit Margin	9.00%	4.73%	11.18%	-1.29%	27.03%	31.20%
FCF Margin	74.14%	81.42%	104.02%	129.04%	133.63%	46.25%
EBITDA	1,357	988	1,347	377	1,117	1,823
EBITDA Margin	22.58%	17.24%	23.45%	8.38%	47.55%	45.87%
EBIT	672	323	778	-35	793	1,552
EBIT Margin	11.18%	5.64%	13.54%	-0.78%	33.76%	39.05%
Effective Tax Rate	19.49%	16.10%	17.48%	-65.71%	19.92%	20.62%

Updated May 7, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q