Financial Snapshot

Revenue
$5.682B
TTM
Gross Margin
Net Earnings
$13.00M
TTM
Current Assets
$942.0M
Q3 2024
Current Liabilities
$3.291B
Q3 2024
Current Ratio
28.62%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$4.475B
Q3 2024
Cash
Q3 2024
P/E
453.3
Nov 29, 2024 EST
Free Cash Flow
$6.876B
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $4.500B $2.340B $3.962B $1.388B
YoY Change 92.31% -40.94% 185.45% -26.72%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $4.500B $2.340B $3.962B $1.388B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $232.0M $157.0M $129.0M $99.00M
YoY Change 47.77% 21.71% 30.3% 26.92%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $412.0M $329.0M $484.0M $72.00M
YoY Change 25.23% -32.02% 572.22% -43.75%
% of Gross Profit
Operating Expenses $4.343B $1.713B $2.856B $1.485B
YoY Change 153.53% -40.02% 92.32% 3.05%
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $97.00M $29.00M -$29.00M -$31.00M
YoY Change 234.48% -200.0% -6.45% -3.13%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$35.00M $598.0M $1.077B -$128.0M
YoY Change -105.85% -44.48% -941.41% -130.4%
Income Tax $23.00M $117.0M $220.0M -$89.00M
% Of Pretax Income 19.57% 20.43%
Net Earnings -$58.00M $481.0M $865.0M -$186.0M
YoY Change -112.06% -44.39% -565.05% -148.82%
Net Earnings / Revenue -1.29% 20.56% 21.83% -13.4%
Basic Earnings Per Share -$0.47 $4.18 $8.24
Diluted Earnings Per Share -$0.47 $4.18 $8.23 -$1.77

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.563B $960.0M $1.533B $889.0M
Short-Term Investments
Other Short-Term Assets $931.0M
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.452B $8.106B $5.518B $4.528B
YoY Change -82.09% 46.9% 21.86%
Property, Plant & Equipment $21.00M $21.00M $19.00M
YoY Change 0.0% 10.53%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $48.96B $38.30B $36.20B $28.78B
YoY Change 27.84% 5.79% 25.8%
Other Assets $1.840B
YoY Change
Total Long-Term Assets $68.75B $46.97B $43.21B $35.23B
YoY Change 46.37% 8.69% 22.66%
Total Assets $70.20B $55.08B $48.73B $39.76B
YoY Change
Accounts Payable $2.011B $1.083B $1.311B $1.198B
YoY Change 85.69% -17.39% 9.43%
Accrued Expenses $1.714B
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.011B $1.286B $1.311B $1.198B
YoY Change 56.38% -1.91% 9.43%
Long-Term Debt $1.754B $1.114B $977.0M $589.0M
YoY Change 57.45% 14.02% 65.87%
Other Long-Term Liabilities $403.0M $0.00 $361.0M
YoY Change -100.0%
Total Long-Term Liabilities $2.157B $1.114B $977.0M $950.0M
YoY Change 93.63% 14.02% 2.84%
Total Liabilities $67.10B $53.26B $44.25B $35.68B
YoY Change 25.99% 20.37% 24.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 124.0M shares 115.0M shares 105.0M shares
Diluted Shares Outstanding 124.0M shares 115.0M shares 105.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $5.8924 Billion

About F&G Annuities & Life, Inc.

F&G Annuities & Life, Inc. engages in the provision of fixed annuity and life insurance products. The company is headquartered in Des Moines, Iowa and currently employs 1,200 full-time employees. The company went IPO on 2022-11-21. Through its insurance subsidiaries, it markets a portfolio of annuities, including fixed indexed annuities (FIAs) and multi-year guarantee annuities (MYGAs), pension risk transfer (PRT) solutions, as well as indexed universal life (IUL) insurance and institutional funding agreements. Its fixed indexed annuities (FIAs) allow contract owners the possibility of earning returns linked to the performance of a specified market index, predominantly the S&P 500 Index, while providing principal protection. All FIA products allow policyholders to allocate funds once a year among several different crediting strategies, including one or more index-based strategies and a traditional fixed rate strategy. Its retail annuities serve as a retirement and savings tool on which its customers rely for principal protection and predictable income streams.

Industry: Life Insurance Peers: American National Group Inc. Brighthouse Financial, Inc. CNO Financial Group, Inc. GENWORTH FINANCIAL INC LINCOLN NATIONAL CORP METLIFE INC Oscar Health, Inc. National Western Life Group, Inc. TRUPANION, INC.