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

Ratios

Percentages worked out from the filed figures; debt to equity in times. 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
Margins
39.1% 33.8% −0.8% n/a n/a
31.2% 27.0% −1.3% 11.1% 4.6%
Spending
20.6% 19.9% n/a n/a n/a
Returns
24.6% 26.4% −1.9% 16.2% 5.5%
2.5% 1.2% −0.1% 0.8% 0.3%
Balance and payout
0.19 0.46 0.57 0.55 0.47
90.8% 95.6% 95.6% 95.2% 95.0%
0.0% 0.0% n/a n/a n/a