F&G Annuities & Life, Inc.

F&G Annuities & Life, Inc.

154.27
-2.18
(-1.39%)
Nov 05Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
96.25
- -
32.24
19.47
34.44
43.37
41.44
42.86
Basic EPS, GAAP
20.23
- -
11.81
5.52
-0.47
4.98
1.89
3.02
Free Cash Flow per Basic Share
33.82
- -
17.5
27.3
46.83
47.8
35.62
32.54
Dividend per Share
0.48
- -
- -
- -
0.81
0.97
1.05
1.11
Book Value per Share
- -
216.29
35.48
19.03
24.56
31.16
35.43
35.2
Tangible Book Value per Share
- -
21.24
3.92
-21.94
-22.58
-29.97
-26.92
-30.94
Basic Weighted Avg Shares
19
19
105
115
124
125
131
133
Sales/Revenue/Turnover
1,813
- -
3,385
2,239
4,271
5,421
5,429
5,696
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
128
- -
271
324
412
569
665
702
Net Income, GAAP
412
- -
1,240
635
-58
639
265
419
Effective Tax Rate (%)
14.25
- -
20.62
19.92
- -
17.48
16.1
18.62
Profit Margin (%)
22.72
- -
36.63
28.36
-1.36
11.79
4.88
7.36
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
603
991
1,127
1,765
2,191
2,261
2,250
Total Equity
- -
4,074
4,485
2,405
3,103
4,076
4,917
4,694
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
24.88
14.61
- -
13.38
5.9
7.99
Return on Common Equity (%)
- -
- -
28.98
18.43
-2.11
17.64
5.67
8.89

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
2,237
2,238
2,239
LT Finance Leases
24
11
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
136
134
131
Market Capitalization
- -
- -
- -

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
29,591
29,066
29,495
Accounts Receivable, Net
17,545
19,975
20,876
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
1,098
1,115
1,201
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
8.94%
20.63%
Free Cash Flow
- -
- -
-21.91%
Net Income, GAAP
- -
- -
-58.53%
Sales/Revenue/Turnover
- -
- -
0.15%
Total Cash Common Dividend
- -
- -
15.38%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,515
1,075
1,361
1,470
5,421
2025
854
1,304
1,603
1,668
5,429
2026
1,087
1,338
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.9
1.6
-0.08
2.58
4.98
2025
-0.2
0.26
0.86
0.91
1.89
2026
1.84
-0.62
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.25
0.25
0.26
0.97
2025
0.24
0.26
0.25
0.29
1.05
2026
0.29
0.28
- -
- -
- -

Company Description

CEO
Conor E. Murphy
Full Time Employees
1,173
Sector
Finance
Industry
Multi-line insurance
Address
801 Grand Avenue, Suite 2600 Des Moines IA United States 50309
IPO Date
Nov 21, 2022
Website
fglife.com
Business
F&G Annuities & Life, Inc. (NYSE: FG) provides fixed annuities, including fixed indexed annuities, multi-year guaranteed annuities, registered index-linked annuities and immediate annuities; life insurance products; and pension risk transfer services to retail annuity and life customers as well as institutional clients across the United States. Founded in 1959 and headquartered in Des Moines, Iowa, the company, formerly known as Fidelity & Guaranty Life until its 2019 rebrand, operates as an 82%-owned subsidiary of Fidelity National Financial, Inc. and maintains strong financial strength ratings from A.M. Best, Fitch, S&P and Moody's. F&G Annuities & Life recently announced an August 2025 reinsurance partnership with a Blackstone-backed vehicle, securing approximately $1 billion in capital alongside a forward flow reinsurance agreement for select fixed indexed annuity products to support its capital-light growth model; the company also completed an executive transition appointing Conor Murphy as both President and CFO amid advancing capital initiatives and expanding registered index-linked annuity and pension risk transfer offerings.

Company News

  • 51% of Pre-Retirees Want to Semi-Retire. She Cut Her Schedule to Three Days, but Social Security Still Counts Her Pay

  • Retirement Reconsidered (and Reinvented) 2026: Americans Embrace a More Flexible Path

  • Middle Coast Investing Q1 2026 Portfolio Activity

  • F&G Annuities & Life (NYSE:FG) Reaches New 1-Year Low – Should You Sell?

  • F&G Annuities & Life Announces Third Quarter 2026 Earnings Release and Conference Call

  • Fidelity National Financial Announces Third Quarter 2026 Earnings Release and Conference Call

  • Contrasting Old Republic International (NYSE:ORI) & F&G Annuities & Life (NYSE:FG)

  • Implied Volatility Surging for F&G Annuities & Life Stock Options

  • F&G Annuities & Life, Inc. (FG) Presents at Barclays 24th Annual Global Financial Services Conference Transcript

  • F&G Annuities & Life, Inc. (FG) Presents at KBW Insurance Conference 2026 Transcript

  • F&G Annuities & Life CEO & President Conor Murphy and CFO Michael Bailey to Speak at the 2026 Barclays Global Financial Services Conference

  • Fidelity National Financial CEO Mike Nolan and CFO Tony Park to Speak at the 2026 Barclays Global Financial Services Conference

  • Is It Too Late to Buy F&G Annuities & Life Inc (FG) After 3.8% Rally? GF Value Says Undervalued

  • F&G Annuities & Life CEO & President Conor Murphy and CFO Michael Bailey to Speak at the 2026 KBW Insurance Conference

  • F&G Annuities & Life Q2 Earnings Call Highlights

  • F&G Annuities & Life, Inc. (FG) Q2 2026 Earnings Call Transcript

  • F&G Annuities & Life Declares Dividends on Common and Preferred Stock

  • Fidelity National Financial Announces Quarterly Cash Dividend of $0.52

  • FNF Reports Second Quarter 2026 Financial Results

  • F&G Annuities & Life Reports Second Quarter 2026 Results