Jackson Financial Inc. (JXN)

Jackson Financial Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-330	72	976	954	6,229	3,679
Depreciation & Amortization	-45	-39	-33	-27	11	49
Stock-Based Compensation	138	132	191	107	131	129
Other Adjustments	6,103	5,798	4,927	4,253	-839	2,507
Changes in Receivables	-101	-105	-17	2	-11	55
Changes in Reinsurance Contract Assets	102	116	211	-20	-73	-626
Changes in Deferred Acquisition Costs	136	227	415	622	601	519
Changes in Claims Reserves	-413	-421	-777	-731	-1,137	-1,102
Changes in Other Operating Activities	-838	-471	-716	-626	-916	-1,152
Operating Cash Flow	5,209	5,758	5,793	5,310	5,206	5,682
Operating Cash Flow Growth	-12.62%	-0.60%	9.10%	2.00%	-8.38%	53.07%
Purchases of Investments	-17,520	-16,512	-12,866	-10,036	-13,671	-17,271
Proceeds from Sale of Investments	10,629	10,100	12,596	14,296	13,314	21,365
Other Investing Activities	-2,342	-1,344	-6,820	-4,852	-1,017	-5,390
Investing Cash Flow	-9,233	-7,756	-7,090	-592	-1,374	-1,296
Short-Term Debt Issued	-530	-516	1,532	-1,025	-541	476
Net Short-Term Debt Issued (Repaid)	-530	-516	1,532	-1,025	-541	476
Long-Term Debt Issued	617	36	1,398	547	750	3,563
Long-Term Debt Repaid	-535	-527	-531	-954	-825	-1,615
Net Long-Term Debt Issued (Repaid)	82	-491	867	-407	-75	1,948
Issuance of Common Stock	500	-	-	-	-	5
Repurchase of Common Stock	-694	-669	-442	-306	-321	-211
Net Common Stock Issued (Repurchased)	-194	-669	-442	-306	-321	-206
Issuance of Preferred Stock	-	-	-	533	-	-
Net Preferred Stock Issued (Repurchased)	-	-	-	533	-	-
Common Dividends Paid	-234	-228	-211	-201	-186	-50
Preferred Share Dividends Paid	-44	-44	-44	-35	-	-
Other Financing Activities	6,603	5,883	671	-4,887	-1,039	-5,937
Financing Cash Flow	5,676	3,935	2,373	-6,328	-2,162	-3,774
Net Cash Flow	1,652	1,937	1,076	-1,610	1,670	612
Free Cash Flow	5,209	5,758	5,793	5,310	5,206	5,682
Free Cash Flow Growth	-9.54%	-0.60%	9.10%	2.00%	-8.38%	53.07%
FCF Margin	89.27%	86.16%	177.10%	172.24%	52.86%	89.34%
Free Cash Flow Per Share	74.19	80.89	75.42	63.53	58.70	60.15
Levered Free Cash Flow	-1,510	-1,191	3,178	-584	5,193	4,631
Unlevered Free Cash Flow	-908.6	1,608	-1,748	-1,527	5,931	2,500

Updated May 5, 2026. Data Source: Fiscal.ai. insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q