F&G Annuities & Life, Inc. (FG)
NYSE: FG · Real-Time Price · USD
29.18
-0.47 (-1.59%)
At close: Aug 6, 2026, 4:00 PM EDT
29.18
0.00 (0.00%)
After-hours: Aug 6, 2026, 4:15 PM EDT
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 | 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 Income | 541 | 271 | 642 | -58 | 635 | 1,240 |
Depreciation & Amortization | 685 | 665 | 569 | 412 | 324 | 271 |
Stock-Based Compensation | 32 | 31 | 29 | 23 | 12 | 9 |
Other Adjustments | -542 | -150 | 619 | 1,247 | 44 | -883 |
Changes in Reinsurance Contract Assets | 19 | -5 | -19 | 94 | 148 | 149 |
Changes in Deferred Acquisition Costs | -1,283 | -1,286 | -1,419 | -1,082 | -814 | -675 |
Changes in Claims Reserves | 1,697 | 1,710 | 1,853 | 1,325 | 1,071 | 627 |
Changes in Income Taxes Payable | 102 | 22 | 103 | -4 | 211 | 256 |
Changes in Other Operating Activities | 3,217 | 3,423 | 3,622 | 3,877 | 1,540 | 877 |
Operating Cash Flow | 4,468 | 4,681 | 5,999 | 5,834 | 3,171 | 1,871 |
Operating Cash Flow Growth | -17.58% | -21.97% | 2.83% | 83.98% | 69.48% | - |
Investing Activities
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 |
Capital Expenditures | -12 | -15 | -24 | -27 | -32 | -33 |
Purchases of Intangible Assets | -12 | -15 | -24 | -27 | -32 | -33 |
Purchases of Investments | -21,270 | -22,498 | -16,922 | -13,326 | -12,426 | -14,556 |
Proceeds from Sale of Investments | 14,213 | 14,294 | 11,260 | 5,279 | 5,429 | 9,280 |
Cash Acquisitions | 88 | - | -482 | - | - | -43 |
Other Investing Activities | -1,578 | -210 | -1,785 | -844 | -2,341 | -1,510 |
Investing Cash Flow | -8,559 | -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 | 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 |
Short-Term Debt Repaid | - | - | -365 | -185 | - | - |
Net Short-Term Debt Issued (Repaid) | - | - | -365 | -185 | - | - |
Long-Term Debt Issued | - | 375 | 1,050 | 845 | 550 | 400 |
Long-Term Debt Repaid | -270 | -300 | -250 | - | - | - |
Net Long-Term Debt Issued (Repaid) | -270 | 75 | 800 | 845 | 550 | 400 |
Issuance of Common Stock | - | 269 | - | - | - | - |
Repurchase of Common Stock | -36 | -10 | -12 | -18 | - | - |
Net Common Stock Issued (Repurchased) | -36 | 259 | -12 | -18 | - | - |
Issuance of Preferred Stock | - | - | 250 | - | - | - |
Net Preferred Stock Issued (Repurchased) | - | - | 250 | - | - | - |
Common Dividends Paid | -172 | -137 | -121 | -101 | - | - |
Other Financing Activities | 2,303 | 2,773 | 2,103 | 3,146 | 5,076 | 5,235 |
Financing Cash Flow | 2,122 | 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 | 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 Cash Flow | -1,969 | -778 | 701 | 603 | -573 | 644 |
Free Cash Flow
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 |
Free Cash Flow | 4,456 | 4,666 | 5,975 | 5,807 | 3,139 | 1,838 |
Free Cash Flow Growth | -17.47% | -21.91% | 2.89% | 85.00% | 70.78% | - |
FCF Margin | 74.14% | 81.42% | 104.02% | 129.04% | 133.63% | 46.25% |
Free Cash Flow Per Share | 32.35 | 35.35 | 45.61 | 46.83 | 27.30 | 17.50 |
Levered Free Cash Flow | 2,975 | 3,127 | 3,889 | 3,872 | 2,562 | 2,493 |
Unlevered Free Cash Flow | 3,269 | 3,075 | 3,474 | 3,212 | 2,012 | 2,077 |