XNYSJXNpA
Market cap6.61bUSD
Sep 20, Last price
-49.99USD
Name
Jackson Financial Inc
Chart & Performance
Profile
Jackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and immediate payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts; funding agreements comprising agreements issued in conjunction with its participation in the U.S. federal home loan bank program; and medium-term funding agreement-backed notes. The Closed Life and Annuity Blocks segment offers various protection products, such as whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities. This segment also provides a block of group payout annuities. The company also offers investment management services. It sells its products through a distribution network that includes independent broker-dealers, banks and other financial institutions, wirehouses and regional broker-dealers, and independent registered investment advisors, third-party platforms, and insurance agents. Jackson Financial Inc. was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. The company was incorporated in 2006 and is headquartered in Lansing, Michigan.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 3,159,000 -67.50% | 9,719,000 9.71% | 8,859,000 -7.65% | ||||
Cost of revenue | 3,556,000 | 3,307,000 | 3,545,000 | ||||
Unusual Expense (Income) | |||||||
NOPBT | (397,000) | 6,412,000 | 5,314,000 | ||||
NOPBT Margin | 65.97% | 59.98% | |||||
Operating Taxes | 4,000 | 1,371,000 | 602,000 | ||||
Tax Rate | 21.38% | 11.33% | |||||
NOPAT | (401,000) | 5,041,000 | 4,712,000 | ||||
Net income | 934,000 -84.90% | 6,186,000 81.04% | 3,417,000 -308.72% | ||||
Dividends | (236,000) | (186,000) | (50,000) | ||||
Dividend yield | 5.52% | 6.03% | 1.35% | ||||
Proceeds from repurchase of equity | (306,000) | (321,000) | (206,000) | ||||
BB yield | 7.15% | 10.40% | 5.55% | ||||
| Debt | |||||||
Debt current | 9,000 | ||||||
Long-term debt | 4,048,000 | 4,394,000 | 2,649,000 | ||||
Deferred revenue | (3,455,000) | (720,000) | |||||
Other long-term liabilities | 306,235,000 | 274,194,000 | (2,649,000) | ||||
Net debt | (1,270,000) | (87,539,000) | (105,175,000) | ||||
| Cash flow | |||||||
Cash from operating activities | 5,310,000 | 5,206,000 | 5,743,000 | ||||
CAPEX | |||||||
Cash from investing activities | (592,000) | (1,374,000) | (1,296,000) | ||||
Cash from financing activities | (6,328,000) | (2,162,000) | (3,835,000) | ||||
FCF | 5,909,000 | 2,857,000 | 599,000 | ||||
| Balance | |||||||
Cash | 2,688,000 | 46,787,000 | 54,170,000 | ||||
Long term investments | 2,630,000 | 45,155,000 | 53,654,000 | ||||
Excess cash | 5,160,050 | 91,456,050 | 107,381,050 | ||||
Stockholders' equity | 4,928,000 | 3,535,000 | 5,234,000 | ||||
Invested Capital | 325,327,000 | 280,735,000 | 337,874,000 | ||||
ROIC | 1.63% | 1.50% | |||||
ROCE | 2.23% | 1.53% | |||||
| EV | |||||||
Common stock shares outstanding | 83,577 | 88,691 | 88,686 | ||||
Price | 51.20 47.17% | 34.79 -16.83% | 41.83 | ||||
Market cap | 4,279,154 38.68% | 3,085,549 -16.83% | 3,709,723 | ||||
EV | 3,706,154 | (83,721,451) | (100,785,277) | ||||
EBITDA | (397,000) | 6,407,000 | 8,688,000 | ||||
EV/EBITDA | |||||||
Interest | 185,000 | 113,000 | 37,000 | ||||
Interest/NOPBT | 1.76% | 0.70% | |||||