F&G Annuities & Life Inc.

FG · NYSE · Financial Services / Insurance - Life

23.28USD-0.34 (-1.44%)

Price History

Full chart

Market Stats

Previous Close23.62

Open23.99

Day Range22.57 – 23.99

52-Week Range19.95 – 34.01

Volume947.33K

Market Cap2.90B

P/E (TTM)7.28

Forward P/E4.86

EPS3.04

Dividend Yield4.63%

Beta1.24

50-Day Avg26.01

200-Day Avg27.17

About

F&G Annuities & Life, Inc., together with its subsidiaries, provides annuity and life insurance products in the United States. It offers fixed indexed annuities registered index-linked annuities, pension risk transfer and indexed universal life, and multi-year guarantee annuities; immediate annuities; indexed universal life insurance; pension risk transfer solutions; and institutional funding agreements. The company distributes its products through independent agents, banks, and broker-dealers to retail annuity and life customers, as well as institutional clients. The company was founded in 1959 and is headquartered in Des Moines, Iowa. F&G Annuities & Life, Inc. operates as a subsidiary of Fidelity National Financial, Inc.

Company Details

SectorFinancial Services
IndustryInsurance - Life
CEOMr. Conor Ernan Murphy C.A., C.P.A., F.C.A.
Employees1.17K
Headquarters801 Grand Avenue, Des Moines, IA, United States, 50309, USA
Websitehttps://www.fglife.com

Leadership

Mr. William Patrick Foley IIExecutive Chairman of the Board · b. 1945
Mr. Conor Ernan Murphy C.A., C.P.A., F.C.A.CEO & President · b. 1969
Ms. Leena Punjabi C.F.A.Executive VP & Chief Investment Officer · b. 1979
Mr. Michael Louis Gravelle J.D.Executive VP, General Counsel & Corporate Secretary · b. 1962
Mr. David Edward Martin C.F.A.Senior Vice President of Investment Risk & ALM Strategy · b. 1969
Mr. Michael BaileyExecutive VP & CFO
Mr. Mark Lynn WiltseSenior VP & Chief Accounting Officer · b. 1968
Mr. Ted HughesSenior VP & Chief Information Officer
Mr. Gregg N. SoferExecutive VP, Deputy Chief Legal Officer & Chief Compliance Officer
Tom OlsonSenior Vice President of Financial Institutions Distribution

Financials

Income Statement

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	1.06M	1.98B	711.00M	1.81B	1.43B	3.38B	2.24B	4.27B	5.42B	5.73B
Growth (%)	-	+185914.70%	-64.09%	+154.99%	-21.13%	+136.71%	-33.86%	+90.75%	+26.93%	+5.72%
Cost of Revenue	-	141.05B	163.76B	1.15B	169.56B	1.93B	1.13B	3.55B	3.79B	3.96B
Gross Profit	1.06M	1.98B	711.00M	665.00M	1.43B	1.45B	1.11B	718.00M	1.63B	1.77B
Gross Margin	100.00%	100.00%	100.00%	36.68%	100.00%	42.92%	49.71%	16.81%	30.07%	30.85%
Operating Expense	1.40M	1.73B	653.00M	244.00M	99.00M	-99.00M	320.00M	753.00M	852.00M	1.45B
Operating Income	-336.27K	252.00M	58.00M	421.00M	1.33B	1.55B	793.00M	-35.00M	778.00M	323.00M
Operating Margin	-31.59%	12.73%	8.16%	23.22%	93.08%	45.85%	35.42%	-0.82%	14.35%	5.64%
EBITDA	-	-48.00M	-58.00M	581.00M	139.00M	1.85B	1.15B	474.00M	1.48B	1.15B
EBITDA Margin	-	-2.42%	-8.16%	32.05%	9.72%	54.71%	51.18%	11.10%	27.28%	20.10%
Net Income	-336.27K	-1.12B	-16.00M	412.00M	-178.00M	1.24B	635.00M	-58.00M	639.00M	265.00M
Net Income Margin	-31.59%	-56.36%	-2.25%	22.72%	-12.45%	36.63%	28.36%	-1.36%	11.79%	4.62%
Interest Expense	-	-	-	32.00M	-	29.00M	29.00M	97.00M	132.00M	164.00M
Interest Expense % of Total Revenue	-	-	-	1.77%	-	0.86%	1.30%	2.27%	2.43%	2.86%

Balance Sheet

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	692.00M	375.32B	365.73B	36.71B	39.76B	48.73B	55.08B	70.20B	85.04B	98.43B
Total Liabilities	70.00K	241.27B	258.58B	33.95B	35.68B	44.24B	53.26B	67.10B	80.96B	93.51B
Total Equity	691.93M	134.05B	107.15B	2.76B	4.07B	4.49B	1.82B	3.10B	3.95B	4.80B
Cash	1.02M	7.98B	11.57B	969.00M	889.00M	1.53B	960.00M	1.56B	2.26B	1.49B
Total Debt	-	412.00M	541.00M	97.79B	104.30B	115.88B	1.66B	1.76B	2.18B	2.24B
Net Debt	-1.02M	-803.00M	-30.00M	-427.00M	-286.00M	-542.00M	167.00M	202.00M	-83.00M	751.00M

Cash Flow

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-645.71K	1.02B	897.00M	652.00M	63.00M	1.87B	3.17B	5.83B	6.00B	4.68B
Investing Cash Flow	-828.00M	-264.00M	-2.28B	-1.53B	-2.59B	-6.86B	-9.37B	-8.92B	-7.95B	-8.43B
Financing Cash Flow	829.87M	540.00M	739.00M	1.29B	2.52B	5.63B	5.63B	3.69B	2.65B	2.97B
Capital Expenditure	12.00M	12.00M	7.00M	15.00M	28.00M	33.00M	32.00M	27.00M	24.00M	15.00M
Free Cash Flow	-645.71K	1.01B	890.00M	637.00M	35.00M	1.84B	3.14B	5.81B	5.97B	4.67B
Dividends Paid	9.00M	9.00M	9.00M	9.00M	14.08B	14.47B	0	101.00M	121.00M	137.00M
FCF to OCF	100.00%	98.82%	99.22%	97.70%	55.56%	98.24%	98.99%	99.54%	99.60%	99.68%
Dividend Paid to FCF	-1393.81%	0.89%	1.01%	1.41%	40231.43%	787.11%	0.00%	1.74%	2.03%	2.94%

Earnings

Report Date	Feb 28, 2018	May 9, 2018	Aug 8, 2018	Nov 7, 2018	Feb 27, 2019	May 7, 2019	Aug 7, 2019	Nov 6, 2019	Feb 26, 2020	May 6, 2020	Nov 30, 2022	Feb 22, 2023	May 3, 2023	Aug 8, 2023	Nov 7, 2023	Feb 21, 2024	May 8, 2024	Aug 5, 2024	Nov 6, 2024	Feb 19, 2025	May 7, 2025	Aug 6, 2025	Nov 5, 2025	Feb 20, 2026	May 6, 2026	Aug 5, 2026	Nov 5, 2026
EPS Estimate	0.10	0.25	0.26	0.28	0.27	0.31	0.32	0.33	0.32	0.35	-	0.72	0.68	0.94	1.02	1.06	1.00	1.09	1.09	1.20	0.96	0.57	0.97	1.20	1.01	0.78	0.77
EPS Actual	0.01	0.28	0.27	0.29	0.34	0.37	0.30	0.36	0.44	0.15	-0.41	1.10	0.39	0.63	0.96	0.60	0.86	1.10	1.22	1.12	0.72	0.77	1.22	0.91	0.82	0.65	-
Surprise	-90.00%	12.00%	3.85%	3.57%	25.93%	19.35%	-6.25%	9.09%	37.50%	-57.14%	-	52.78%	-42.65%	-32.98%	-5.88%	-43.40%	-14.00%	0.92%	11.93%	-6.90%	-25.00%	35.09%	25.77%	-24.36%	-18.81%	-16.67%	-
Timing	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap2.90B

Enterprise Value2.99B

Trailing P/E7.28

Forward P/E4.86

Price / Sales0.48

Price / Book0.62

EPS3.04

Book Value35.20

Revenue (TTM)6.07B

Gross Profit (TTM)1.99B

EBITDA779.00M

Profit Margin6.89%

Operating Margin-3.73%

Return on Equity9.17%

Return on Assets0.44%

Shares Outstanding130.94M

Shares Float33.16M

Beta1.24

Dividend Yield4.63%

Dividend Rate1.00

Payout Ratio27.78%

Analyst Ratings

Hold

Based on 2 analystsTarget 27.00

Hold
2

Ownership Breakdown

Institutions: 97.66%
Insiders: 2.73%
Retail / Other: 0.00%

Top Institutional Holders

Fidelity National Title Group, Inc.
94.66M72.30%
BlackRock Inc
4.11M3.14%
Brave Warrior Advisors LLC
2.48M1.90%
Dimensional Fund Advisors, Inc.
2.14M1.63%
Vanguard Portfolio Management, LLC
1.99M1.52%
Vanguard Capital Management, LLC
1.81M1.38%
Delaware Management Holdings Inc
1.26M0.96%
First Trust Advisors L.P.
1.03M0.79%
Ameriprise Financial Inc
963.67K0.74%
Geode Capital Management, LLC
904.30K0.69%
American Century Companies Inc
844.17K0.64%
State Street Corp
829.42K0.63%

Top Fund Holders

iShares Core S&P Small-Cap ETF
2.25M1.72%
Vanguard MStar Total Stk Mkt Idx Invest
1.05M0.81%
Avantis US Small Cap Value ETF
878.64K0.67%
First Trust SMID Cp Rising Div Achv ETF
875.38K0.67%
iShares Russell 2000 ETF
875.50K0.67%
Nomura Small Cap Value A
807.60K0.62%
Vanguard Small Cap Index
761.71K0.58%
Columbia Small Cap Value Discv A
738.58K0.56%

Dividends

20263×

0.25Sep 16, 20260.25Jun 16, 20260.25Mar 17, 2026

20254×

0.25Dec 17, 20250.22Sep 16, 20250.22Jun 16, 20250.22Mar 17, 2025

20244×

0.22Dec 17, 20240.21Sep 16, 20240.21Jun 14, 20240.21Mar 14, 2024

20234×

0.21Dec 14, 20230.20Sep 14, 20230.20Jun 15, 20230.20Jan 13, 2023