Stocks · Financials · Life Insurance

F&G Annuities & Life, Inc.

FG Clue Score50
United States Fiscal year ends December CIK 0001934850
$19.26 -1.38% Close, 9 Oct 2026
Price $19.26 −32.52% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 22 Nov 2022. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2021Revenue3.97Net income1.24EPS, diluted11.81Fiscal year 2022Revenue2.35 −40.9%Net income0.64 −48.8%EPS, diluted5.52 −53.3%Fiscal year 2023Revenue4.50 +91.6%Net income−0.06 −109.1%EPS, diluted−0.47 −108.5%Fiscal year 2024Revenue5.74 +27.6%Net income0.64EPS, diluted4.88Fiscal year 2025Revenue5.73 −0.2%Net income0.27 −58.5%EPS, diluted1.88 −61.5%
FY2021FY2022FY2023FY2024FY2025
Revenue 3.97 2.35 4.50 5.74 5.73
Growth −40.9% +91.6% +27.6% −0.2%
Net income 1.24 0.64 −0.06 0.64 0.27
Growth −48.8% −109.1% −58.5%
EPS, diluted 11.81 5.52 −0.47 4.88 1.88
Growth −53.3% −108.5% −61.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2021Net margin31.2%Fiscal year 2022Net margin27.0%Fiscal year 2023Net margin−1.3%Fiscal year 2024Net margin11.1%Fiscal year 2025Net margin4.6%
FY2021FY2022FY2023FY2024FY2025
Net margin 31.2% 27.0% −1.3% 11.1% 4.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2021Operating cash flow1.87Buybacks0.00Dividends paid0.00Fiscal year 2022Operating cash flow3.17Buybacks0.00Dividends paid0.00Fiscal year 2023Operating cash flow5.83Buybacks−0.02Dividends paid−0.10Fiscal year 2024Operating cash flow6.00Buybacks−0.01Fiscal year 2025Operating cash flow4.68Buybacks−0.01
FY2021FY2022FY2023FY2024FY2025
Operating cash flow 1.87 3.17 5.83 6.00 4.68
Buybacks 0.00 0.00 −0.02 −0.01 −0.01
Dividends paid 0.00 0.00 −0.10 n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2021Cash1.53Total debt0.98Net cash (debt)0.56Shareholders’ equity5.03Debt to equity0.19Fiscal year 2022Cash0.96Total debt1.11Net cash (debt)−0.15Shareholders’ equity2.41Debt to equity0.46Fiscal year 2023Cash1.56Total debt1.75Net cash (debt)−0.19Shareholders’ equity3.10Debt to equity0.57Fiscal year 2024Cash2.26Total debt2.17Net cash (debt)0.09Shareholders’ equity3.95Debt to equity0.55Fiscal year 2025Cash1.49Total debt2.24Net cash (debt)−0.75Shareholders’ equity4.80Debt to equity0.47
FY2021FY2022FY2023FY2024FY2025
Cash 1.53 0.96 1.56 2.26 1.49
Total debt 0.98 1.11 1.75 2.17 2.24
Net cash (debt) 0.56 −0.15 −0.19 0.09 −0.75
Shareholders’ equity 5.03 2.41 3.10 3.95 4.80
Debt to equity 0.19 0.46 0.57 0.55 0.47

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
1.53 0.96 1.56 2.26 1.49
0.01 0.01 n/a n/a n/a
1.76 1.75 1.75 2.18 2.18
48.73 54.63 70.20 84.93 98.43
Growth +12.1% +28.5% +21.0% +15.9%
Liabilities
0.98 1.11 1.75 2.17 2.24
calc 0.98 1.11 1.75 2.17 2.24
44.25 52.22 67.10 80.86 93.51
Equity
1.00 2.06 1.93 2.44 2.57
5.03 2.41 3.10 3.95 4.80
Growth −52.2% +29.0% +27.3% +21.6%
Per share and net cash
calc 0.56 −0.15 −0.19 0.09 −0.75
105.0 126.4 126.3 126.8 135.6
calc 47.94 19.03 24.56 31.16 35.43

Lines marked calc are worked out here from filed figures; point at one for how.