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MARKETS / NYSE / JXN
NYSE · LIFE INSURANCE · LARGE CAP

Jackson Financial Inc. JXN

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$6.7B
▲ 104.3% YoY
$27.0M
▼ 97.1% YoY
In brief

What this company does

The company offers a diverse suite of annuities to retail investors in the U.S. It is headquartered in Lansing, Michigan and also maintains offices in Franklin, Tennessee and Chicago, Illinois. It manages its business through three reportable segments: Retail Annuities, Institutional Products and Closed Life and Annuity Blocks. Its Retail Annuities segment provides annuities in the U.S. retirement market. Its institutional products provide an additional source of investment spread-based income and generally guarantee customers the payment of principal and interest at a fixed or floating rate over a set term. Its Closed Life and Annuity Blocks segment had $20.1 billion of total reserves at December 31, 2025. Jackson Financial, a Delaware corporation, became an independent public company on September 13, 2021. Its principal operating subsidiary, Jackson National Life Insurance Company, was founded in Jackson, Michigan in 1961.

Written from the business description in Jackson Financial Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth
USD 6.7B
Revenue, FY2025 · full 7-year series below
Revenue $B Net income $B
FY2025 · Revenue 6.7 · Net income 0.0
4.0B8.0B-0.8B-1.6B2019202020212022202320242025
Compound annual growth
−12.1%
+13.5%
−83.7%
+20.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +13.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating -1.7% · Net 1.1%
20%40%60%-20%-40%-60%2019202020212022202320242025
ROE
FY2025 · ROE 0.3%
20%40%60%-5%-10%-15%2019202020212022202320242025

Each USD of equity produced 0 cents of profit this year.

Cash & shareholders
USD 892.0M
returned in FY2025 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2025 · Dividends 223.0 · Net buybacks 669.0
400M800M-200M-400MDividendsNet buybacks2019202020212022202320242025

USD 223.0M in dividends and USD 669.0M in buybacks — 3304% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 352.6B
EquityUSD 10.0B
CashUSD 5.7B
Gross debtUSD 2.0B
Net debtUSD -3.7B

The company holds more cash than debt.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B6.73.33.19.86.43.53.5
Operating income $B−0.11.01.07.74.0−2.5−0.8
EBITDA $B····4.1−2.5−0.8
Income tax $B−0.20.00.01.50.7−0.9−0.4
Net income $B0.00.90.96.23.4−1.6−0.5
EPS, diluted $−0.2411.7410.7669.7536.17−24.14−13.16
Dividend / sh $····0.50··
Payout %826222231−0−0
ROE %0.39.59.965.034.5−17.3·
Shares out B0.070.070.080.080.090.090.04

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 20 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 37 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityLife Insurance
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2019

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