F&G Annuities & Life, Inc. (FG)
NYSE: FG · Real-Time Price · USD
19.61
+0.18 (0.93%)
Oct 15, 2026, 4:00 PM EDT - Market closed
F&G Annuities & Life Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 Income | 418 | 265 | 639 | -58 | 635 | 1,240 |
Depreciation & Amortization | 93 | 89 | 74 | 35 | 31 | 23 |
Other Amortization | 587 | 576 | 495 | 377 | 293 | 248 |
Gain (Loss) on Sale of Assets | -14 | - | - | - | - | 14 |
Gain (Loss) on Sale of Investments | 53 | 128 | -210 | 461 | 436 | -576 |
Stock-Based Compensation | 34 | 31 | 29 | 23 | 12 | 9 |
Reinsurance Recoverable | 18 | -5 | -19 | 94 | 148 | 149 |
Change in Income Taxes | 86 | 22 | 103 | -4 | 211 | 256 |
Change in Insurance Reserves / Liabilities | 1,457 | 1,710 | 1,853 | 1,325 | 1,071 | 627 |
Change in Other Net Operating Assets | -59 | 146 | -173 | 491 | -516 | 27 |
Other Operating Activities | -1,811 | -1,734 | -695 | -400 | -1,325 | -1,066 |
Operating Cash Flow | 4,335 | 4,681 | 5,999 | 5,834 | 3,171 | 1,871 |
Operating Cash Flow Growth | -27.58% | -21.97% | 2.83% | 83.98% | 69.48% | 2869.84% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -10 | -15 | -24 | -27 | -32 | -33 |
Cash Acquisitions | 88 | - | -482 | - | - | -43 |
Investment in Securities | -5,003 | -8,361 | -7,401 | -8,872 | -9,325 | -6,786 |
Other Investing Activities | -16 | -10 | -13 | - | - | - |
Investing Cash Flow | -4,987 | -8,429 | -7,953 | -8,918 | -9,370 | -6,862 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Long-Term Debt Issued | - | 375 | 1,050 | 845 | 550 | 400 |
Total Debt Issued | - | 375 | 1,050 | 845 | 550 | 400 |
Total Debt Repaid | - | -300 | -615 | -185 | - | - |
Net Debt Issued (Repaid) | - | 75 | 435 | 660 | 550 | 400 |
Issuance of Common Stock | - | 269 | - | - | - | - |
Repurchases of Common Stock | -130 | -10 | -12 | -18 | - | - |
Issuance of Preferred Stock | - | - | 250 | - | - | - |
Common Dividends Paid | -147 | -137 | -121 | -101 | - | - |
Other Financing Activities | -27 | -39 | -34 | -16 | -4 | - |
Financing Cash Flow | 871 | 2,970 | 2,655 | 3,687 | 5,626 | 5,635 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 Cash Flow | 219 | -778 | 701 | 603 | -573 | 644 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 4,325 | 4,666 | 5,975 | 5,807 | 3,139 | 1,838 |
Free Cash Flow Growth | -27.49% | -21.91% | 2.89% | 85.00% | 70.78% | 5151.43% |
Free Cash Flow Margin | 71.29% | 81.42% | 104.02% | 129.04% | 131.72% | 46.30% |
Free Cash Flow Per Share | 32.77 | 35.35 | 45.61 | 46.83 | 27.30 | 17.50 |
Levered Free Cash Flow | 2,269 | 2,765 | 554.25 | 1,372 | -765.38 | 1,954 |
Unlevered Free Cash Flow | 2,372 | 2,867 | 636.75 | 1,433 | -747.25 | 1,972 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | 158 | 156 | 127 | 84 | 34 | 30 |
Cash Income Tax Paid | - | 9 | 8 | 4 | -72 | 44 |
Change in Working Capital | 4,818 | 5,150 | 5,559 | 5,292 | 2,970 | 1,909 |