What is Jackson Financial Inc's earnings per share (EPS)?

Jackson Financial Inc (JXN) reported diluted earnings per share of $-0.24 for fiscal year 2025. This represents a -102.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Jackson Financial Inc Financials

JXN

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Jackson Financial Inc (JXN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI JXN FY2025 2026-04-22

Jackson Financial’s cash generation stayed steady even as reported earnings swung sharply, showing a liability-driven balance sheet can distort headline profitability.

Across the last three fiscal years, operating cash flow stayed clustered around $5.6B, even as revenue and earnings moved around much more. Over that same span, net income moved from $902M to -$17M, suggesting the cash engine looked materially steadier than the accounting result.

The balance sheet is liability-heavy but not debt-heavy: long-term debt was only $2.0B, yet total liabilities reached $342.2B, a very different funding mix from a typical nonfinancial company. For a reader used to industrial businesses, that means the published debt ratio captures only a thin slice of the obligations actually carrying the business.

A tiny shift in asset profitability can swing shareholder results because return on assets was about 0.0% while return on equity was -0.2%. Meanwhile, the share count kept shrinking, so cash continued to be directed toward buybacks, concentrating a very thin equity base into fewer shares even when accounting profit nearly vanished.

Financial Health Signals

Financial Profile 36/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Jackson Financial Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

100

Jackson Financial Inc's revenue surged 104.3% year-over-year to $6.7B, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

Jackson Financial Inc carries a low D/E ratio of 0.20, meaning only $0.20 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Returns

Jackson Financial Inc generates a -0.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 21/100. This is down from 9.2% the prior year.

Piotroski F-Score Neutral

5/9

Jackson Financial Inc passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

-338.71x

For every $1 of reported earnings, Jackson Financial Inc generates $-338.71 in operating cash flow ($5.8B OCF vs -$17.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$6.7B

YoY+104.3%

5Y CAGR+13.5%

Jackson Financial Inc generated $6.7B in revenue in fiscal year 2025. This represents an increase of 104.3% from the prior year.

EBITDA

N/A

Net Income

-$17.0M

YoY-101.9%

Jackson Financial Inc reported -$17.0M in net income in fiscal year 2025. This represents a decrease of 101.9% from the prior year.

EPS (Diluted)

$-0.24

YoY-102.0%

Jackson Financial Inc earned $-0.24 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 102.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$5.7B

YoY+51.4%

5Y CAGR+23.1%

Jackson Financial Inc held $5.7B in cash against $2.0B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

67M

YoY-8.9%

5Y CAGR-6.7%

Jackson Financial Inc had 67M shares outstanding in fiscal year 2025. This represents a decrease of 8.9% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-0.3%

YoY-27.8pp

5Y CAGR+45.8pp

Jackson Financial Inc's net profit margin was -0.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 27.8 percentage points from the prior year.

Return on Equity

-0.2%

YoY-9.4pp

5Y CAGR+17.2pp

Jackson Financial Inc's ROE was -0.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 9.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$669.0M

YoY+51.4%

Jackson Financial Inc spent $669.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 51.4% from the prior year.

Capital Expenditures

N/A

JXN Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$6.7B+104.3%	$3.3B+6.1%	$3.1B-68.7%	$9.8B+54.8%	$6.4B+79.4%	$3.5B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.1B-4.7%	$1.1B+11.2%	$1.0B+15.1%	$875.0M-18.8%	$1.1B+9.4%	$985.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$100.0M-1.0%	$101.0M-7.3%	$109.0M+11.2%	$98.0M+164.9%	$37.0M-58.0%	$88.0M
Income Tax	-$186.0M-504.3%	$46.0M+1050.0%	$4.0M-99.7%	$1.5B+126.0%	$666.0M+178.0%	-$854.0M
Net Income	-$17.0M-101.9%	$902.0M+0.3%	$899.0M-85.5%	$6.2B+81.0%	$3.4B+309.1%	-$1.6B
EPS (Diluted)	$-0.24-102.0%	$11.74+9.1%	$10.76-84.6%	$69.75+92.8%	$36.17+249.8%	$-24.14

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$2.0B+40.4%	$1.4B	N/A	$3.8B+1566.7%	$225.0M-89.4%	$2.1B+70.1%	$1.2B	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$270.0M+2.3%	$264.0M-3.6%	$274.0M+5.8%	$259.0M-7.8%	$281.0M-9.4%	$310.0M+20.2%	$258.0M-4.8%	$271.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$25.0M0.0%	$25.0M0.0%	$25.0M0.0%	$25.0M0.0%	$25.0M0.0%	$25.0M-3.8%	$26.0M+4.0%	$25.0M
Income Tax	-$172.0M-805.3%	-$19.0M-575.0%	$4.0M+300.0%	$1.0M-95.5%	$22.0M+119.5%	-$113.0M-413.9%	$36.0M-64.4%	$101.0M
Net Income	-$248.0M-426.3%	$76.0M-57.5%	$179.0M+845.8%	-$24.0M-108.0%	$301.0M+164.2%	-$469.0M-270.5%	$275.0M-65.4%	$795.0M
EPS (Diluted)	N/A	$0.92-60.7%	$2.34+587.5%	$-0.48	N/A	$-6.37-285.7%	$3.43-65.5%	$9.94

JXN Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$352.6B+4.2%	$338.4B+2.5%	$330.3B+4.8%	$315.0B-16.5%	$377.4B+6.8%	$353.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$5.7B+51.4%	$3.8B+40.1%	$2.7B-37.5%	$4.3B+63.9%	$2.6B+29.9%	$2.0B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$342.2B+4.2%	$328.5B+2.7%	$319.9B+4.7%	$305.6B-17.2%	$369.0B+7.4%	$343.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.0B-0.2%	$2.0B-0.1%	$2.0B-22.7%	$2.6B-0.5%	$2.6B+722.7%	$322.0M
Total Equity	$10.0B+1.9%	$9.8B-4.0%	$10.2B+17.6%	$8.6B+13.2%	$7.6B-19.0%	$9.4B
Retained Earnings	$7.5B-3.1%	$7.7B+9.6%	$7.0B+9.9%	$6.4B+1355.2%	$440.0M+235.8%	-$324.0M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$352.6B-0.3%	$353.6B+2.9%	$343.7B+5.1%	$327.2B-3.3%	$338.4B-2.1%	$345.7B+2.3%	$337.8B-0.7%	$340.3B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$5.7B+25.0%	$4.6B+20.6%	$3.8B-2.6%	$3.9B+3.2%	$3.8B+23.1%	$3.1B+76.3%	$1.7B-31.7%	$2.5B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$342.2B-0.2%	$343.1B+3.0%	$333.1B+5.2%	$316.7B-3.6%	$328.5B-1.9%	$334.8B+2.2%	$327.5B-0.7%	$329.9B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B-0.2%	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B
Total Equity	$10.0B-2.7%	$10.2B-1.2%	$10.4B+0.5%	$10.3B+5.5%	$9.8B-8.7%	$10.7B+6.1%	$10.1B-0.8%	$10.2B
Retained Earnings	$7.5B-3.5%	$7.7B+0.1%	$7.7B+1.4%	$7.6B-1.2%	$7.7B+3.8%	$7.4B-6.7%	$8.0B+2.6%	$7.8B

JXN Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$5.8B-0.6%	$5.8B+9.1%	$5.3B+2.0%	$5.2B-8.4%	$5.7B+53.1%	$3.7B
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$7.8B-9.4%	-$7.1B-1097.6%	-$592.0M+56.9%	-$1.4B-6.0%	-$1.3B+70.1%	-$4.3B
Financing Cash Flow	$3.9B+65.8%	$2.4B+137.5%	-$6.3B-192.7%	-$2.2B+42.7%	-$3.8B-635.3%	$705.0M
Dividends Paid	$223.0M+5.7%	$211.0M+5.0%	$201.0M+8.1%	$186.0M+272.0%	$50.0M	$0
Share Buybacks	$669.0M+51.4%	$442.0M+44.4%	$306.0M-4.7%	$321.0M+52.1%	$211.0M	$0

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$1.6B+18.3%	$1.4B+16.8%	$1.2B-26.4%	$1.6B+4.5%	$1.5B+11.8%	$1.4B-7.7%	$1.5B+3.6%	$1.4B
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$1.9B+7.2%	-$2.1B+24.3%	-$2.8B-190.1%	-$953.0M+65.6%	-$2.8B-590.5%	-$401.0M+79.0%	-$1.9B+4.6%	-$2.0B
Financing Cash Flow	$1.5B-2.5%	$1.5B+0.9%	$1.5B+385.8%	-$521.0M-126.7%	$1.9B+443.2%	$359.0M+197.3%	-$369.0M-185.2%	$433.0M
Dividends Paid	$54.0M0.0%	$54.0M-5.3%	$57.0M-1.7%	$58.0M+13.7%	$51.0M-3.8%	$53.0M0.0%	$53.0M-1.9%	$54.0M
Share Buybacks	$152.0M-3.2%	$157.0M-0.6%	$158.0M-21.8%	$202.0M+104.0%	$99.0M-13.2%	$114.0M+4.6%	$109.0M-9.2%	$120.0M

JXN Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-0.3%-27.8pp	27.6%-1.6pp	29.2%-33.6pp	62.8%+9.1pp	53.7%+99.8pp	-46.1%
Return on Equity	-0.2%-9.4pp	9.2%+0.4pp	8.8%-62.7pp	71.5%+26.8pp	44.7%+62.1pp	-17.3%
Return on Assets	0.0%-0.3pp	0.3%0.0pp	0.3%-1.7pp	2.0%+1.0pp	0.9%+1.4pp	-0.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.200.0	0.210.0	0.20-0.1	0.30-0.0	0.35+0.3	0.03
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-12.5%-17.8pp	5.4%	N/A	-0.6%-134.4pp	133.8%+155.9pp	-22.1%-44.2pp	22.1%	N/A
Return on Equity	-2.5%-3.2pp	0.7%-1.0pp	1.7%+2.0pp	-0.2%-3.3pp	3.1%+7.5pp	-4.4%-7.1pp	2.7%-5.1pp	7.8%
Return on Assets	-0.1%-0.1pp	0.0%-0.0pp	0.1%+0.1pp	-0.0%-0.1pp	0.1%+0.2pp	-0.1%-0.2pp	0.1%-0.1pp	0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.200.0	0.200.0	0.200.0	0.20-0.0	0.21+0.0	0.19-0.0	0.200.0	0.20
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Jackson Financial Inc's annual revenue?

Jackson Financial Inc (JXN) reported $6.7B in total revenue for fiscal year 2025. This represents a 104.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Jackson Financial Inc's revenue growing?

Jackson Financial Inc (JXN) revenue grew by 104.3% year-over-year, from $3.3B to $6.7B in fiscal year 2025.

Is Jackson Financial Inc profitable?

No, Jackson Financial Inc (JXN) reported a net income of -$17.0M in fiscal year 2025, with a net profit margin of -0.3%.

How much debt does Jackson Financial Inc have?

As of fiscal year 2025, Jackson Financial Inc (JXN) had $5.7B in cash and equivalents against $2.0B in long-term debt.

What is Jackson Financial Inc's net profit margin?

Jackson Financial Inc (JXN) had a net profit margin of -0.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Jackson Financial Inc's return on equity (ROE)?

Jackson Financial Inc (JXN) has a return on equity of -0.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Jackson Financial Inc's operating cash flow?

Jackson Financial Inc (JXN) generated $5.8B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Jackson Financial Inc's total assets?

Jackson Financial Inc (JXN) had $352.6B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Jackson Financial Inc buy back shares?

Yes, Jackson Financial Inc (JXN) spent $669.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Jackson Financial Inc have outstanding?

Jackson Financial Inc (JXN) had 67M shares outstanding as of fiscal year 2025.

What is Jackson Financial Inc's debt-to-equity ratio?

Jackson Financial Inc (JXN) had a debt-to-equity ratio of 0.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Jackson Financial Inc's return on assets (ROA)?

Jackson Financial Inc (JXN) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Jackson Financial Inc's Piotroski F-Score?

Jackson Financial Inc (JXN) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Jackson Financial Inc's earnings high quality?

Jackson Financial Inc (JXN) has an earnings quality ratio of -338.71x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Jackson Financial Inc?

Jackson Financial Inc (JXN) scores 36 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.