Jackson Financial Inc.

JXN· NYSE, NYSE· Life Insurance

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Company statistics

From the 10-Ks, computed in code · point at a figure for its formula

Reported numbers open their filing · computed ones show the formula · ˢ split-adjusted

$6.7B

+11.5% a year over 6 years

FY2019FY2025

0.4%

FY2025

FY2019FY2025

71.2M

+88.4% over 6 years, net dilution

FY2019FY2025

$3.7B

$3.7B more cash than debt

FY2019FY2025

Fiscal year	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
The business
Revenue	$3.5B	$3.5B	$6.4B	$9.8B	$3.1B	$3.3B	$6.7B
Revenue growth	–	2.0%	79.4%	54.8%	-68.7%	6.1%	104.3%
Gross margin	–	–	–	–	–	–	–
Operating margin	–	–	–	–	–	–	–
Net income	-$497.0M	-$1.6B	$3.4B	$6.2B	$934.0M	$946.0M	$27.0M
Net margin	-14.3%	-46.1%	53.7%	62.8%	30.3%	28.9%	0.4%
Diluted EPS	$-13.16	$-24.14	$36.17	$69.75	$10.76	$11.74	$-0.24
Return on invested capital?	–	–	–	–	–	–	–
Cash
Operating cash flow	$4.4B	$3.7B	$5.7B	$5.2B	$5.3B	$5.8B	$5.8B
Capital expenditure	–	–	–	–	–	–	–
Free cash flow	–	–	–	–	–	–	–
Stock-based compensation	$79.0M	$56.0M	$129.0M	$131.0M	$107.0M	$191.0M	$132.0M
Owner earnings?	–	–	–	–	–	–	–
Free cash flow per share	–	–	–	–	–	–	–
Capital allocation
Dividends paid	$0	$0	$50.0M	$186.0M	$201.0M	$211.0M	$223.0M
Share repurchases	$0	$0	$211.0M	$321.0M	$306.0M	$442.0M	$669.0M
Diluted shares	37.8M	67.7M	94.5M	88.7M	83.6M	76.8M	71.2M
Share count change?	–	79.1%	39.6%	-6.1%	-5.8%	-8.1%	-7.3%
Balance sheet
Cash and equivalents	$1.9B	$2.0B	$2.6B	$4.3B	$2.7B	$3.8B	$5.7B
Short-term investments	–	–	–	–	–	–	–
Total debt	–	$322.0M	$2.6B	$2.9B	$3.0B	$2.0B	$2.0B
Net debt	–	-$1.7B	$26.0M	-$1.4B	$319.0M	-$1.7B	-$3.7B
Shareholders' equity	$7.3B	$9.4B	$10.4B	$8.6B	$10.2B	$9.8B	$10.0B