Brighthouse Financial, Inc.

Brighthouse Financial, Inc.

BHFAP · NASDAQ · Financial Services / Insurance - Life

12.02USD-0.07 (-0.58%)

Price History

Full chart

Market Stats

Previous Close12.09
Open12.15
Day Range12.02 – 12.19
52-Week Range13.05 – 16.09
Volume39.68K
Market Cap2.68B
P/E (TTM)1.09
Forward P/E0.00
EPS12.61
Dividend Yield11.74%
Beta0.84
50-Day Avg13.96
200-Day Avg15.30

About

Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. The company operates through Annuities, Life, and Run-off segments. 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 products for policyholders' needs for financial security and protected wealth transfer. The Run-off segment manages universal life with secondary guarantees, structured settlements, pension risk transfer contracts, various company-owned life insurance policies, and funding agreements. Brighthouse Financial, Inc. was founded in 1863 and is headquartered in Charlotte, North Carolina.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Life
  • CEOMr. Eric Thomas Steigerwalt
  • Employees1.40K
  • Headquarters11225 North Community House Road, Charlotte, NC, United States, 28277, USA
  • Websitehttps://www.brighthousefinancial.com

Leadership

  • Mr. Eric Thomas SteigerwaltPresident, CEO & Director · b. 1962
  • Mr. Edward Allen Spehar Jr.Executive VP & CFO · b. 1965
  • Mr. Myles Joseph LambertExecutive VP & COO · b. 1975
  • Mr. John Lloyd Rosenthal C.F.A.Executive VP & Chief Investment Officer · b. 1961
  • Ms. Allie Lin J.D.Executive VP, General Counsel & Corporate Secretary · b. 1978
  • Mr. Richard Andrew CookChief Accounting Officer · b. 1976
  • Dr. Jeff HughesExecutive VP & CTO
  • Ms. Dana AmanteHead of Investor Relations
  • Ms. Vonda R. HussExecutive VP & Chief Human Resources Officer · b. 1967
  • Mr. David Alan RosenbaumExecutive VP and Head of Product & Underwriting · b. 1976

Financials

Income Statement

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue8.79B9.45B8.89B3.06B6.84B8.67B6.55B8.50B7.14B6.63B3.95B4.37B6.21B
Growth (%)-+7.51%-5.90%-65.59%+123.67%+26.67%-24.38%+29.74%-16.01%-7.17%-40.42%+10.61%+42.16%
Cost of Revenue-5.72B4.93B5.44B4.97B5.40B5.12B7.57B518.00M56.00M3.61B2.36B1.80B
Gross Profit8.79B3.73B3.96B-2.38B1.87B3.27B6.55B8.50B7.14B6.57B336.00M2.01B4.41B
Gross Margin100.00%39.45%44.58%-77.80%27.30%37.68%100.00%100.00%100.00%99.16%8.51%46.07%70.94%
Operating Expense7.42B2.20B2.50B2.33B2.48B2.28B8.00B10.34B7.80B1.84B1.81B1.59B3.93B
Operating Income1.36B1.53B1.46B-4.71B-615.00M989.00M-1.45B-1.84B-659.00M4.73B-1.47B422.00M474.00M
Operating Margin15.52%16.17%16.44%-153.81%-8.99%11.41%-22.06%-21.60%-9.23%71.37%-37.32%9.66%7.63%
EBITDA10.19B1.56B1.66B-4.51B-445.00M1.17B-1.45B-1.84B-664.00M4.88B-1.32B574.00M626.00M
EBITDA Margin115.98%16.51%18.65%-147.53%-6.50%13.44%-22.06%-21.60%-9.30%73.68%-33.44%13.14%10.08%
Net Income1.03B1.16B1.12B-2.94B-378.00M865.00M-735.00M-1.06B-103.00M3.88B-1.11B388.00M433.00M
Net Income Margin11.73%12.27%12.59%-96.08%-5.52%9.98%-11.21%-12.42%-1.44%58.51%-28.15%8.88%6.97%
R&D--0000-------
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%-------
Interest Expense-0170.00M175.00M153.00M158.00M191.00M184.00M163.00M153.00M153.00M152.00M152.00M
Interest Expense % of Total Revenue-0.00%1.91%5.72%2.24%1.82%2.91%2.16%2.28%2.31%3.87%3.48%2.45%

Balance Sheet

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-231.62B227.01B222.60B225.43B207.57B227.26B247.87B259.84B224.85B237.21B239.27B241.80B
Total Liabilities-214.09B210.17B207.74B210.85B193.09B5.72B5.06B4.22B219.25B232.20B234.24B234.97B
Total Equity-17.52B16.84B14.86B14.52B14.42B221.54B242.81B255.62B5.53B4.94B4.96B6.77B
Cash-1.60B1.57B5.23B1.86B4.14B2.88B4.11B4.47B4.12B3.85B5.04B5.39B
Total Debt-4.83B4.73B4.71B3.61B3.96B4.37B3.44B3.16B3.16B3.16B3.15B3.15B
Net Debt-3.22B3.16B-521.00M1.75B-182.00M1.49B-672.00M-1.32B-959.00M-695.00M-1.89B-2.23B

Cash Flow

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow4.41B5.36B4.63B3.74B3.40B3.06B1.83B888.00M746.00M-1.15B-137.00M-290.00M-102.00M
Investing Cash Flow1.99B-467.00M-7.04B4.67B-3.92B-4.54B-7.34B-5.84B-12.24B-8.28B-3.20B-2.19B164.00M
Financing Cash Flow-6.82B-4.67B2.38B-4.75B-2.85B3.76B4.25B6.19B11.86B9.07B3.07B3.68B-108.00M
Capital Expenditure03.68B403.00M1.34B1.50B00000248.00M00
Free Cash Flow4.41B9.04B4.63B5.08B1.90B3.06B1.83B888.00M746.00M-1.15B-137.00M-290.00M-102.00M
Dividends Paid-1.96B1.80B4.45B1.80B21.00M21.00M44.00M89.00M104.00M102.00M102.00M102.00M
FCF to OCF100.00%168.72%100.00%135.84%55.95%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-21.68%38.83%87.61%94.63%0.69%1.15%4.95%11.93%-9.04%-74.45%-35.17%-100.00%

Earnings

Report DateJun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Aug 10, 2017Nov 1, 2017Feb 12, 2018May 7, 2018Aug 6, 2018Nov 5, 2018Feb 11, 2019May 6, 2019Aug 5, 2019Nov 4, 2019Feb 10, 2020May 11, 2020Aug 6, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Aug 8, 2025Nov 5, 2025
EPS Estimate0.000.000.000.000.002.222.152.112.031.962.061.562.082.262.182.331.660.890.000.000.000.000.00-
EPS Actual-14230.00-1.32-14.74-2.912.052.71-5.641.642.361.272.231.561.982.19-1.522.612.010.41-11.63-6.970.114.341.027.88
Surprise-----22.07%-362.33%-22.27%16.26%-35.20%8.25%0.00%-4.81%-3.10%-169.72%12.02%21.08%-53.93%------
Timing-----Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-----After-hours

Key Statistics & Ratios

Market Cap2.68B
Enterprise Value3.79B
Trailing P/E1.09
Forward P/E0.00
Price / Sales0.39
Price / Book0.00
EPS12.61
Book Value113.90
Revenue (TTM)6.84B
Gross Profit (TTM)2.42B
EBITDA2.22B
Profit Margin12.15%
Operating Margin77.78%
Return on Equity13.54%
Return on Assets0.33%
Shares Outstanding118.60M
Shares Float56.66M
Beta0.84
Dividend Yield11.74%
Dividend Rate1.65
Payout Ratio20.96%

Ownership Breakdown

Institutions
26.67%
Insiders
0.00%
Retail / Other
73.33%

Top Institutional Holders

  • Garton & Associates Financial Advisors LLC
    00.00%
  • Nbc Securities Inc
    00.00%

Dividends

20263×
0.41Sep 10, 20260.41Jun 10, 20260.41Mar 10, 2026
20254×
0.41Dec 10, 20250.41Sep 10, 20250.41Jun 10, 20250.41Mar 10, 2025
20244×
0.41Dec 10, 20240.41Sep 10, 20240.41Jun 10, 20240.41Mar 7, 2024
20234×
0.41Dec 7, 20230.41Sep 7, 20230.41Jun 8, 20230.41Mar 9, 2023
20224×
0.41Dec 8, 20220.41Sep 8, 20220.41Jun 9, 20220.41Mar 9, 2022
20214×
0.41Dec 9, 20210.41Sep 9, 20210.41Jun 9, 20210.41Mar 9, 2021
20201×
0.41Dec 9, 2020