JXN Jackson Financial Inc.

Overview and Growth

In fiscal 2025, Jackson Financial Inc. recorded $6.68B of revenue, net income of $27.00M, and an operating cash inflow of $5.76B. The $6.68B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 104.3% above fiscal 2024 revenue of $3.27B, marking a year-over-year increase. The company reported diluted EPS of -$0.24, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS decreased by 102.0% from $11.74 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. A diluted share base of 71.19M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. Diluted shares moved 7.3% from 76.81M in fiscal 2024, leaving the current share base lower year over year. The company employed $352.59B of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.02x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Net income came to $27.00M, completing the progression from revenue through gross and operating profitability to the final reported result. Net margin was 0.4%, meaning that this portion of revenue remained as net income after all recognized expenses. The pretax result was a loss of $114.00M, establishing the deficit before tax effects. The pretax loss equaled 1.7% of revenue, measuring the pre-tax deficit against sales. The company recognized an income-tax benefit of $186.00M, increasing after-tax earnings relative to the pretax result. The relationship between net income and period-end equity was 0.3%, indicating the profitability achieved on book capital. Return on period-end assets was 0.0%, connecting net income with the company’s total asset base. The company moved from fiscal 2024 net income of $946.00M to $27.00M, with the current outcome ending below that comparison.

Liquidity and Capital Structure

At period end, the $352.59B asset base was financed through $342.24B of liabilities and $10.34B of equity. Cash and equivalents totaled $5.70B, identifying the most liquid reported component available within the broader current-asset balance. Borrowings totaled $2.03B, adding a fixed financing obligation alongside the company’s equity capital. Against book equity, debt measured 0.2x, placing the company’s financial leverage in clear balance-sheet terms. Debt represented 0.6% of total assets, placing borrowing in the context of the company’s full resource base. Equity equaled 2.9% of assets, showing the shareholder-capital layer within the company’s balance sheet. The liabilities-to-assets relationship was 97.1%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 1.6%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 4.2% from $338.45B in fiscal 2024, leaving current total assets higher year over year. Reported equity changed 3.6% from $9.98B in fiscal 2024, placing the current capital base higher year over year. The reported cash balance changed 51.4% from $3.77B in fiscal 2024, ending higher year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $5.76B, a reported cash inflow that can be compared directly with net income and capital spending. The operating-cash-flow-to-net-income relationship was 213.26x, comparing cash generated by operations with the bottom-line earnings result. Compared with $5.79B in fiscal 2024, current operating cash flow of $5.76B was below the prior result.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.