Difference 549000000 exceeds tolerance 48730000.000. Presentation or filing-vintage differences need review.
F&G Annuities & Life, Inc. (FG) reported revenue of $5.73B and net income of $265.00M for the fiscal year ended 2025-12-31. This page shows 5 annual periods of income statement, balance sheet and cash flow figures normalized from F&G Annuities & Life, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Life Insurance.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $5.73B | $5.74B | $4.50B | $2.35B | $3.97B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $265.00M | $639.00M | -$58.00M | $635.00M | $1.24B |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 132.00M | shares 131.00M | shares 124.00M | shares 115.00M | shares 105.00M |
| Pretax income | Unavailable | Unavailable | -$35.00M | $793.00M | $1.55B |
| Income tax expense | $52.00M | $136.00M | $23.00M | $158.00M | $320.00M |
| Diluted EPS | $1.88 | $4.88 | $-0.47 | $5.52 | $11.81 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Cash & equivalents | $1.49B | $2.26B | $1.56B | $960.00M | $1.53B |
| Total assets | $98.43B | $84.93B | $70.20B | $54.63B | $48.73B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $93.51B | $80.86B | $67.10B | $52.22B | $44.24B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $4.92B | $4.08B | $3.10B | $2.40B | $5.03B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $2.18B | $2.18B | $1.75B | $1.75B | $1.76B |
| Long-term debt | $2.24B | $2.17B | $1.75B | $1.11B | $977.00M |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Operating cash flow | $4.68B | $6.00B | $5.83B | $3.17B | $1.87B |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$8.43B | -$7.95B | -$8.92B | -$9.37B | -$6.86B |
| Financing cash flow | $2.97B | $2.66B | $3.69B | $5.63B | $5.64B |
| Net change in cash | -$778.00M | $701.00M | $603.00M | -$573.00M | $644.00M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | $137.00M | $121.00M | $101.00M | $0 | $0 |
| Common share repurchases | $10.00M | $12.00M | $18.00M | $0 | $0 |
| Depreciation & amortization | $665.00M | $569.00M | $412.00M | $324.00M | $271.00M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | -0.2% | 27.6% | 91.6% | -40.9% | Unavailable |
| Net margin | 4.6% | 11.1% | -1.3% | 27.0% | 31.2% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.45x | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | 20.6% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FG in the interactive workspace to inspect any figure back to its filing.
Source filings
Reconciliation checks needing review
1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.