XNASBHFAN
Market cap2.90bUSD
Dec 26, Last price
18.67USD
1D
2.58%
1Q
-10.71%
IPO
-27.52%
Name
Brighthouse Financial Inc
Profile
Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security. The Life segment provides term, universal, whole, and variable life policies for policyholders' needs for financial security and protected wealth transfer. The Run-off segment manages structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements, and universal life with secondary guarantees. The company was incorporated in 2016 and is based in Charlotte, North Carolina.
IPO date
Jul 17, 2017
Employees
1,500
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 4,117,000 -51.41% | 8,473,000 18.64% | 7,142,000 -16.01% | |||||||
Cost of revenue | 730,000 | 647,000 | 665,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 3,387,000 | 7,826,000 | 6,477,000 | |||||||
NOPBT Margin | 82.27% | 92.36% | 90.69% | |||||||
Operating Taxes | (367,000) | (182,000) | (105,000) | |||||||
Tax Rate | ||||||||||
NOPAT | 3,754,000 | 8,008,000 | 6,582,000 | |||||||
Net income | (1,112,000) -11,220.00% | 10,000 -109.71% | (103,000) -90.25% | |||||||
Dividends | (102,000) | (104,000) | (89,000) | |||||||
Dividend yield | 2.92% | 2.76% | 2.05% | |||||||
Proceeds from repurchase of equity | (250,000) | (488,000) | 1,257,000 | |||||||
BB yield | 7.16% | 12.94% | -28.96% | |||||||
Debt | ||||||||||
Debt current | 2,000 | 2,000 | ||||||||
Long-term debt | 3,156,000 | 3,156,000 | 3,157,000 | |||||||
Deferred revenue | (1,661,000) | |||||||||
Other long-term liabilities | 225,371,000 | 216,348,000 | (4,219,000) | |||||||
Net debt | (9,805,000) | (159,137,000) | (184,634,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | (137,000) | (1,151,000) | 746,000 | |||||||
CAPEX | 248,000 | |||||||||
Cash from investing activities | (3,196,000) | (8,276,000) | (12,238,000) | |||||||
Cash from financing activities | 3,069,000 | 9,068,000 | 11,858,000 | |||||||
FCF | 21,825,000 | 99,156,000 | 888,000 | |||||||
Balance | ||||||||||
Cash | 3,851,000 | 80,773,000 | 93,998,000 | |||||||
Long term investments | 9,110,000 | 81,522,000 | 93,795,000 | |||||||
Excess cash | 12,755,150 | 161,871,350 | 187,435,900 | |||||||
Stockholders' equity | (6,687,000) | (6,506,000) | 3,596,000 | |||||||
Invested Capital | 243,027,000 | 230,487,000 | 255,060,000 | |||||||
ROIC | 1.59% | 3.30% | 2.66% | |||||||
ROCE | 1.43% | 3.47% | 2.49% | |||||||
EV | ||||||||||
Common stock shares outstanding | 66,014 | 73,581 | 83,784 | |||||||
Price | 52.92 3.22% | 51.27 -1.02% | 51.80 43.09% | |||||||
Market cap | 3,493,442 -7.40% | 3,772,506 -13.08% | 4,339,994 25.73% | |||||||
EV | (6,246,558) | (155,299,494) | (180,229,006) | |||||||
EBITDA | 3,387,000 | 7,593,000 | 6,477,000 | |||||||
EV/EBITDA | ||||||||||
Interest | 153,000 | 153,000 | 163,000 | |||||||
Interest/NOPBT | 4.52% | 1.96% | 2.52% |