Brighthouse Financial, Inc. - Understand $bhf stock

$BHF Market Cap: $3.018 Billion

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Financial Snapshot

Revenue

$4.919B

TTM

Gross Margin

-351.4%

TTM

Net Earnings

-$1.225B

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$245.2B

Q3 2024

Total Liabilities

$239.6B

Q3 2024

Book Value

$5.590B

Q3 2024

Cash

$5.630B

Q3 2024

P/E

-2.464

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$4.117B	$8.473B	$7.142B	$8.503B	$6.554B	$8.965B	$6.842B	$3.018B	$8.891B
YoY Change	-51.41%	18.64%	-16.01%	29.74%	-26.89%	31.03%	126.71%	-66.06%	-6.03%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$4.117B	$8.473B	$7.142B	$8.503B	$6.554B	$8.965B	$6.842B	$3.018B	$8.891B
Cost Of Revenue	$2.676B	$4.165B	$3.443B	$5.711B	$3.670B	$3.272B	$3.636B	$3.903B	$3.269B
Gross Profit	$1.441B	$4.308B	$3.699B	$2.792B	$2.884B	$5.693B	$3.206B	-$885.0M	$5.622B
Gross Profit Margin	35.0%	50.84%	51.79%	32.84%	44.0%	63.5%	46.86%	-29.32%	63.23%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$318.0M	$1.844B	$1.749B	$1.482B	$1.444B	$1.436B	$2.573B	$3.155B	$3.245B
YoY Change	-82.75%	5.43%	18.02%	2.63%	0.56%	-44.19%	-18.45%	-2.77%	-2.82%
% of Gross Profit	22.07%	42.8%	47.28%	53.08%	50.07%	25.22%	80.26%		57.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$890.0M	$151.0M	$738.0M	$373.0M	$944.0M	$187.0M	$256.0M	$635.0M
YoY Change		489.4%	-79.54%	97.86%	-60.49%	404.81%	-26.95%	-59.69%	1884.38%
% of Gross Profit		20.66%	4.08%	26.43%	12.93%	16.58%	5.83%		11.29%
Operating Expenses	$5.438B	$2.085B	$2.451B	$2.353B	$2.491B	$2.575B	$2.483B	$2.284B	$2.120B
YoY Change	160.82%	-14.93%	4.16%	-5.54%	-3.26%	3.71%	8.71%	7.74%	-72.76%
Operating Profit	-$3.997B	$2.223B	$1.248B	$439.0M	$393.0M	$3.118B	$723.0M	-$3.169B	$3.502B
YoY Change	-279.8%	78.13%	184.28%	11.7%	-87.4%	331.26%	-122.81%	-190.49%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	-$153.0M	-$153.0M	-$163.0M	-$184.0M	-$191.0M	$194.0M	$345.0M	$497.0M	-$134.0M
YoY Change	0.0%	-6.13%	-11.41%	-3.66%	-198.45%	-43.77%	-30.58%	-470.9%	-2.9%
% of Operating Profit		-6.88%	-13.06%	-41.91%	-48.6%	6.22%	47.72%		-3.83%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	-$1.474B	-$172.0M	-$208.0M	-$1.419B	-$1.052B	$989.0M	-$615.0M	-$4.705B	$1.462B
YoY Change	756.98%	-17.31%	-85.34%	34.89%	-206.37%	-260.81%	-86.93%	-421.82%	-4.32%
Income Tax	-$367.0M	-$182.0M	-$105.0M	-$363.0M	-$317.0M	$119.0M	-$237.0M	-$1.766B	$343.0M
% Of Pretax Income						12.03%			23.46%
Net Earnings	-$1.214B	$5.000M	-$108.0M	-$1.061B	-$740.0M	$865.0M	-$378.0M	-$2.939B	$1.119B
YoY Change	-24380.0%	-104.63%	-89.82%	43.38%	-185.55%	-328.84%	-87.14%	-362.65%	-3.45%
Net Earnings / Revenue	-29.49%	0.06%	-1.51%	-12.48%	-11.29%	9.65%	-5.52%	-97.38%	12.59%
Basic Earnings Per Share	-$18.39	-$1.36	-$2.36	-$11.58	-$6.76	$7.24	-$3.16	-$24.54
Diluted Earnings Per Share	-$17.96	-$1.36	-$2.36	-$11.58	-$6.76	$7.21	-$3.16	-$24.54	$9.341M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$3.851B	$4.115B	$4.474B	$4.108B	$2.877B	$4.145B	$1.857B	$5.228B	$1.570B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$4.946B	$4.775B	$4.271B	$2.810B	$2.380B	$451.0M	$433.0M	$215.0M	$691.0M
YoY Change	3.58%	11.8%	51.99%	18.07%	427.72%	4.16%	101.4%	-68.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$111.2B	$103.8B	$114.0B	$106.7B	$93.40B	$82.73B	$81.91B	$80.42B	$83.00B
YoY Change	7.08%	-8.9%	6.78%	14.26%	12.9%	1.01%	1.85%	-3.11%
Other Assets	$1.893B	$1.618B				$4.000M	$3.000M	$2.000M	$0.00
YoY Change	17.0%					33.33%	50.0%
Total Long-Term Assets
YoY Change
Total Assets	$236.3B	$225.6B	$259.8B	$247.9B	$227.3B	$206.3B	$224.2B	$221.9B	$226.7B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities			$62.00M	$126.0M		$15.00M
YoY Change			-50.79%
Long-Term Debt	$3.156B	$3.156B	$3.157B	$3.436B	$4.365B	$3.963B	$3.612B	$1.910B	$1.936B
YoY Change	0.0%	-0.03%	-8.12%	-21.28%	10.14%	9.72%	89.11%	-1.34%
Other Long-Term Liabilities	$18.76B	$7.056B	$4.504B	$5.011B	$9.484B	$6.511B	$7.150B	$8.940B	$4.955B
YoY Change	165.9%	56.66%	-10.12%	-47.16%	45.66%	-8.94%	-20.02%	80.42%
Total Long-Term Liabilities	$21.92B	$10.21B	$7.661B	$8.447B	$13.85B	$10.47B	$10.76B	$10.85B	$6.891B
YoY Change	114.63%	33.3%	-9.31%	-39.01%	32.22%	-2.68%	-0.81%	57.45%
Total Liabilities	$231.4B	$219.6B	$243.7B	$229.8B	$211.1B	$191.9B	$209.7B	$207.1B	$209.9B
YoY Change	5.37%	-9.89%	6.03%	8.89%	10.01%	-8.49%	1.26%	-1.34%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	66.01M shares	72.97M shares	83.78M shares	95.35M shares	112.5M shares	119.4M shares	119.8M shares	119.8M shares
Diluted Shares Outstanding	66.01M shares	72.97M shares	83.78M shares	95.35M shares	112.5M shares	119.8M shares	119.8M shares	119.8M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.0182 Billion

About Brighthouse Financial, Inc.

Brighthouse Financial, Inc. operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with a diverse network of distribution partners. The company is headquartered in Charlotte, North Carolina and currently employs 1,500 full-time employees. The company went IPO on 2017-07-17. The Company’s segments include Annuities, Life, and Run-off. The Annuities segment consists of a variety of variable, fixed, index-linked and income annuities designed to address contract holder’s needs for protected wealth accumulation on a tax-deferred basis, wealth transfer and income security. The Life segment consists of insurance products and services, including term, universal, whole, and variable life products designed to address policyholders’ needs for financial security and protected wealth transfer, which may be on a tax-advantaged basis. The Run-off segment consists of products that are separately managed, including universal life with secondary guarantees, structured settlements, pension risk transfer contracts, certain Company-owned life insurance policies and certain funding agreements. Its mortgage loans are principally collateralized by commercial, agricultural, and residential properties.

Industry: Life Insurance Peers: American National Group Inc. CNO Financial Group, Inc. GENWORTH FINANCIAL INC GLOBE LIFE INC. LINCOLN NATIONAL CORP METLIFE INC Oscar Health, Inc. Unum Group Primerica, Inc. TRUPANION, INC.