Tearsheet

Jackson Financial (JXN)


Market Price (3/30/2026): $101.29 | Market Cap: $6.9 Bil
Sector: Financials | Industry: Life & Health Insurance

Jackson Financial (JXN)


Market Price (3/30/2026): $101.29
Market Cap: $6.9 Bil
Sector: Financials
Industry: Life & Health Insurance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -696%
Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 258x
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 111%
Key risks
JXN key risks include significant exposure to [1] market and interest rate volatility that directly impacts claims and crediting rates on its variable and indexed annuity products, Show more.
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 88%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 88%, CFO LTM is 5.8 Bil, FCF LTM is 5.8 Bil
 
3 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -29%
 
4 Attractive yield
Dividend Yield is 3.2%, FCF Yield is 83%
 
5 Low stock price volatility
Vol 12M is 37%
 
6 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and Aging Population & Chronic Disease. Themes include Wealth Management Technology, and Retirement Income Solutions.
 
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -696%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 111%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 88%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 88%, CFO LTM is 5.8 Bil, FCF LTM is 5.8 Bil
3 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -29%
4 Attractive yield
Dividend Yield is 3.2%, FCF Yield is 83%
5 Low stock price volatility
Vol 12M is 37%
6 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and Aging Population & Chronic Disease. Themes include Wealth Management Technology, and Retirement Income Solutions.
7 Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 258x
8 Key risks
JXN key risks include significant exposure to [1] market and interest rate volatility that directly impacts claims and crediting rates on its variable and indexed annuity products, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Jackson Financial (JXN) stock has gained about 5% since 11/30/2025 because of the following key factors:

1. Strong Fourth Quarter 2025 Earnings Beat. Jackson Financial reported robust adjusted operating earnings of $6.61 per diluted share for Q4 2025, significantly surpassing analyst forecasts of $5.85 by nearly 13%. This strong performance also saw the company's revenue beat estimates, contributing to investor confidence and an initial positive stock price reaction following the announcement on February 18, 2026.

2. Increased Shareholder Returns and Raised Dividend. The company demonstrated a strong commitment to shareholder value by exceeding its 2025 capital return target, delivering $862 million (against a target of $700-$800 million). Management further bolstered investor sentiment by announcing a 12.5% increase in its first-quarter 2026 common stock dividend to $0.90 per share and setting an ambitious 2026 capital return target of $900 million to $1.1 billion, a 16% increase from the prior year.

Show more

Stock Movement Drivers

Fundamental Drivers

The 5.2% change in JXN stock from 11/30/2025 to 3/29/2026 was primarily driven by a 2095.8% change in the company's P/E Multiple.
(LTM values as of)113020253292026Change
Stock Price ($)96.39101.405.2%
Change Contribution By: 
Total Revenues ($ Mil)4,7476,51137.2%
Net Income Margin (%)12.1%0.4%-96.6%
P/E Multiple11.7257.52095.8%
Shares Outstanding (Mil)70692.2%
Cumulative Contribution5.2%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/29/2026
ReturnCorrelation
JXN5.2% 
Market (SPY)-5.3%53.8%
Sector (XLF)-10.0%79.2%

Fundamental Drivers

The 5.2% change in JXN stock from 8/31/2025 to 3/29/2026 was primarily driven by a 18.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)83120253292026Change
Stock Price ($)96.37101.405.2%
Change Contribution By: 
Total Revenues ($ Mil)5,4916,51118.6%
Net Income Margin (%)0.6%0.4%-26.5%
P/E Multiple223.3257.515.3%
Shares Outstanding (Mil)72694.7%
Cumulative Contribution5.2%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/29/2026
ReturnCorrelation
JXN5.2% 
Market (SPY)0.6%47.6%
Sector (XLF)-10.8%73.8%

Fundamental Drivers

The 15.7% change in JXN stock from 2/28/2025 to 3/29/2026 was primarily driven by a 3646.9% change in the company's P/E Multiple.
(LTM values as of)22820253292026Change
Stock Price ($)87.65101.4015.7%
Change Contribution By: 
Total Revenues ($ Mil)3,0926,511110.6%
Net Income Margin (%)30.6%0.4%-98.6%
P/E Multiple6.9257.53646.9%
Shares Outstanding (Mil)74698.2%
Cumulative Contribution15.7%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/29/2026
ReturnCorrelation
JXN15.7% 
Market (SPY)9.8%69.8%
Sector (XLF)-7.1%79.1%

Fundamental Drivers

The 158.9% change in JXN stock from 2/28/2023 to 3/29/2026 was primarily driven by a 62909.4% change in the company's P/E Multiple.
(LTM values as of)22820233292026Change
Stock Price ($)39.17101.40158.9%
Change Contribution By: 
Total Revenues ($ Mil)9,9216,511-34.4%
Net Income Margin (%)82.2%0.4%-99.5%
P/E Multiple0.4257.562909.4%
Shares Outstanding (Mil)856924.1%
Cumulative Contribution158.9%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/29/2026
ReturnCorrelation
JXN158.9% 
Market (SPY)69.4%58.6%
Sector (XLF)40.5%70.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
JXN Return35%-12%57%76%27%0%321%
Peers Return48%8%10%27%3%-10%107%
S&P 500 Return27%-19%24%23%16%-5%72%

Monthly Win Rates [3]
JXN Win Rate75%42%67%75%50%33% 
Peers Win Rate69%50%55%67%58%33% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
JXN Max Drawdown-21%-41%-17%-5%-18%-3% 
Peers Max Drawdown-3%-14%-22%-2%-16%-14% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-5% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: PRU, MET, AMP, PFG, CRBG.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)

How Low Can It Go

Unique KeyEventJXNS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-49.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven96.6%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven204 days464 days

Compare to PRU, MET, AMP, PFG, CRBG

In The Past

Jackson Financial's stock fell -49.1% during the 2022 Inflation Shock from a high on 3/25/2022. A -49.1% loss requires a 96.6% gain to breakeven.

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About Jackson Financial (JXN)

Jackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and immediate payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts; funding agreements comprising agreements issued in conjunction with its participation in the U.S. federal home loan bank program; and medium-term funding agreement-backed notes. The Closed Life and Annuity Blocks segment offers various protection products, such as whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities. This segment also provides a block of group payout annuities. The company also offers investment management services. It sells its products through a distribution network that includes independent broker-dealers, banks and other financial institutions, wirehouses and regional broker-dealers, and independent registered investment advisors, third-party platforms, and insurance agents. Jackson Financial Inc. was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. The company was incorporated in 2006 and is headquartered in Lansing, Michigan.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Jackson Financial (JXN):

  • Like Prudential Financial (PRU), but primarily focused on annuities for retirement savings and income.
  • Think of it as TIAA, but as a publicly traded company offering a broad suite of annuities to the general retail investor market.

AI Analysis | Feedback

  • Retail Annuities: Jackson Financial offers various retirement income and savings products, including variable, fixed index, fixed, immediate payout, and registered index-linked annuities.
  • Institutional Funding Products: The company provides traditional guaranteed investment contracts, funding agreements, and medium-term funding agreement-backed notes to institutional clients.
  • Life Insurance Products: A range of protection products are offered, such as whole life, universal life, variable universal life, and term life insurance.
  • Investment Management Services: Jackson Financial also provides services for managing investment portfolios.

AI Analysis | Feedback

Jackson Financial (JXN) primarily sells its products to individuals. Based on the company description, the major categories of individual customers it serves are:

  • Retirement Savers and Income Seekers: Individuals who are planning for or are already in retirement, seeking products such as variable, fixed index, fixed, and immediate payout annuities, as well as registered index-linked annuities and lifetime income solutions to manage their retirement savings and generate income.
  • Individuals Seeking Life Insurance and Protection: Individuals looking for financial protection for their beneficiaries through various life insurance products, including whole life, universal life, variable universal life, and term life insurance.

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Laura Prieskorn, President and Chief Executive Officer
Laura Prieskorn has served as President and Chief Executive Officer of Jackson Financial Inc. since February 2021. She has over 30 years of experience with Jackson, holding broad-ranging leadership roles across the company's Executive, Investment, and Product Committees. Prior to her current role, she was Jackson's Executive Vice President and Chief Operating Officer, where she led operations, technology, and information security initiatives. She was responsible for developing the company's operating platform.

Don Cummings, Executive Vice President, Chief Financial Officer
Don Cummings is expected to assume the role of Executive Vice President and Chief Financial Officer of Jackson Financial Inc. on June 3, 2024. He joined Jackson in 2020. Before joining Jackson, Mr. Cummings held various finance roles at American International Group (AIG), Inc. and served as interim CFO at Fortitude Reinsurance Company Ltd.

Carrie Chelko, Executive Vice President, General Counsel
Carrie Chelko is the Executive Vice President and General Counsel of Jackson. She is responsible for providing strategic guidance to Jackson's executive leadership team on legal, compliance, governance, and policy matters. She oversees the company's legal, compliance, government relations, corporate responsibility, enterprise marketing, and communications teams. She has extensive regulatory experience and deep knowledge of the law.

Chris Raub, Executive Vice President and President, Jackson National Life Insurance Company
Christopher A. Raub was appointed Executive Vice President, Jackson Financial Inc. and President, Jackson National Life Insurance Company, effective April 14, 2025. He has been with the company for over 25 years. Prior to this role, he served as the company's Executive Vice President and Chief Risk Officer since April 2023. He also served as senior managing director and head of insurance assets at PPM America, Inc., a subsidiary of Jackson, where he was responsible for overseeing Jackson's general account.

Steve Binioris, Executive Vice President and Chief Risk Officer
Savvas (Steve) Panagiotis Binioris was appointed Executive Vice President and Chief Risk Officer of Jackson Financial Inc., effective April 14, 2025, succeeding Chris Raub. He has nearly a quarter-century tenure at Jackson, having previously served as Senior Vice President and Chief Actuary. His background includes positions at Sun Life Financial and London Life.

AI Analysis | Feedback

The key risks to Jackson Financial Inc. (JXN) primarily stem from its core business of providing annuities and other financial products, which are sensitive to economic and regulatory environments.

  1. Market and Interest Rate Volatility, and Investment Performance: Jackson Financial's profitability and financial stability are highly susceptible to fluctuations in equity markets and interest rates. The value of its investment portfolio, the effectiveness of its hedging strategies, and the performance of its variable annuity products are directly impacted by market downturns, stock market volatility, and changes in interest rates. Significant increases in interest rates, for instance, could lead to higher surrender and withdrawal requests from policyholders, increasing liquidity demands. Conversely, lower interest rates can affect the returns on its fixed-income investments. Additionally, this volatility can influence net investment income and the overall valuation of its assets and liabilities.
  2. Regulatory and Compliance Changes: Operating within the highly regulated financial services industry, Jackson Financial is continuously exposed to potential changes in laws, regulations, and governmental policies. New legislation or amendments to existing laws can significantly impact product structures, distribution channels, operational costs, and capital requirements. Maintaining compliance with these evolving regulatory landscapes requires substantial resources and vigilance, and any failure to adapt could result in penalties, reputational damage, or restrictions on business activities.
  3. Liquidity Risk: Jackson Financial requires substantial liquidity to meet its daily operational cash flow needs, including covering policyholder benefits, derivative margin calls, and operating expenses. Disruptions or volatility in financial markets could impair the company's ability to buy or sell investments and derivative instruments, thereby negatively impacting its liquidity position. An increase in policyholder withdrawals or surrenders, potentially triggered by rising interest rates or adverse market conditions, could further strain its liquidity resources.

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Addressable Markets for Jackson Financial (JXN) Main Products and Services (U.S. Region)

Retail Annuities

Jackson Financial primarily provides annuities to retail investors in the United States. The U.S. annuity market has shown significant growth.
  • Total U.S. annuity sales reached approximately $385 billion in 2023. This market is projected to grow to an estimated $461.3 billion in 2025.
  • Fixed Annuities: Sales for fixed annuities were $286.2 billion in 2023. Within this category, fixed-rate deferred annuity sales totaled $164.9 billion in 2023 and $160.6 billion in 2025.
  • Fixed Indexed Annuities (FIA): Sales for fixed indexed annuities reached $95.9 billion in 2023 and $128.2 billion in 2025.
  • Registered Index-Linked Annuities (RILA): Sales for registered index-linked annuities were $47.4 billion in 2023 and are projected to be $79.6 billion in 2025.
  • Traditional Variable Annuities: Sales for traditional variable annuities were $51.4 billion in 2023 and $65.2 billion in 2025.
  • Income Annuities (Single Premium Immediate Annuities (SPIA) and Deferred Income Annuities (DIA)): Combined sales for income annuities (SPIA and DIA) were approximately $17.3 billion in 2023 (SPIA: $13.2 billion or $13.3 billion; DIA: $4.1 billion or $4.2 billion). The total income annuity sales are projected to reach $15 billion in 2024 and a record-breaking $18 billion in 2025. In 2025, SPIA sales were $14 billion and DIA sales were $4.8 billion.

Closed Life and Annuity Blocks (Life Insurance Products)

Jackson Financial also offers various protection products including whole life, universal life, variable universal life, and term life insurance products.
  • The U.S. life insurance market was valued at $765.38 billion in 2023 and is projected to reach $1,476.31 billion by 2032, with a compound annual growth rate (CAGR) of 7.1% from 2024 to 2032.
  • Whole Life Insurance: This was the largest segment, holding a 35% market share in 2024 based on revenue, or 36% based on premiums. New premium for whole life insurance was $6.1 billion in 2023.
  • Universal Life Insurance: The overall universal life insurance market was valued at $59.7 billion in 2023 and is estimated to reach $132.3 billion by 2033. Indexed universal life (IUL) new premium was $3.7 billion in 2023. Variable universal life (VUL) premium totaled $1.9 billion in 2023, representing 12% of the total U.S. life insurance market.
  • Term Life Insurance: New premium for term life insurance reached nearly $3 billion in 2023 and represented 19% of the market in 2024 based on premiums.

Institutional Products

  • Funding Agreements: New sales for funding agreement products in the U.S. totaled $58.5 billion in 2019.
  • Traditional Guaranteed Investment Contracts (GICs): A specific overall market size for traditional GICs in the U.S. for recent years could not be identified. Historically, GICs have made up a declining share of stable value funds, accounting for 4.98% of assets in the Hueler Pooled Fund Index as of September 30, 2020.

Investment Management Services

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AI Analysis | Feedback

Jackson Financial (JXN) is poised for revenue growth over the next 2-3 years, driven by several strategic initiatives and favorable market conditions:

  1. Continued Growth in Registered Index-Linked Annuities (RILA) and Fixed Index Annuity (FIA) Sales: Jackson Financial has demonstrated strong momentum in RILA sales, with record quarterly and annual sales reported. The company is actively expanding its product offerings in both RILA and FIA segments, which are key components of its diversified product suite. This expansion and strong sales performance are expected to continue driving revenue growth.
  2. Strategic Partnership with TPG: A long-term strategic partnership with TPG, which includes a significant equity investment and an asset management mandate, is anticipated to accelerate the growth of Jackson's spread-based business. This collaboration is expected to enhance product competitiveness and significantly support sales of Fixed Annuities (FA) and Fixed Indexed Annuities (FIA) over the medium term.
  3. Enhanced Capital Efficiency through Captive Reinsurance Strategy: The establishment of Hickory Re, an onshore captive reinsurer, aims to improve capital efficiency and reduce the strain associated with sales of Fixed Annuities and Fixed Indexed Annuities. This strategy is designed to position Jackson well for continued sales momentum in these product lines, thereby contributing to revenue growth.
  4. Favorable Demographic Trends and Demand for Retirement Products: Jackson is well-positioned to capitalize on the demographic trend of an aging U.S. population, which is driving increased demand for retirement income and savings products, including annuities. As more individuals transition into retirement, Jackson's diverse portfolio of annuity products is expected to meet these growing needs, expanding its customer base and market penetration.
  5. Expansion and Deepening of Distribution Relationships: The success and expansion of RILA and FIA offerings have broadened Jackson's distribution reach. This has led to the development of new broker-dealer partnerships and strengthened relationships with advisors who sell multiple Jackson product lines, further enhancing the company's ability to drive sales and revenue.

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Share Repurchases

  • Jackson Financial Inc. has significantly reduced its outstanding shares, with a large share repurchase program completing the retirement of just over 40% of its shares since 2021.
  • In 2025, the company repurchased $634 million of common stock.
  • As of February 18, 2026, Jackson had $903 million remaining authorization to purchase common shares, following a $1 billion increase to its repurchase authorization in September 2025.

Share Issuance

  • In early 2026, Jackson issued 4,715,554 shares of its common stock to TPG Inc., representing a $500 million equity stake as part of a strategic partnership.
  • The company's outstanding shares decreased from 73,380,643 at December 31, 2024, to 66,825,632 at December 31, 2025, primarily due to share repurchases, net of issuances for share-based compensation.

Inbound Investments

  • In January 2026 (closed February 11, 2026), TPG Inc. acquired a $500 million equity stake in Jackson Financial Inc. as part of a long-term strategic partnership.
  • This investment, along with $150 million in excess cash from Jackson, was used for the initial capitalization of Jackson’s new Michigan-based captive reinsurer, Hickory Brooke Reinsurance Company (Hickory Re), aiming to accelerate sales growth of fixed and fixed index annuity products.

Outbound Investments

  • No significant outbound strategic investments in other companies by Jackson Financial Inc. were reported within the last 3-5 years. The company historically manages risks through acquisitions of life and annuity reserves, with over $15.0 billion acquired since 2012.

Capital Expenditures

  • Traditional capital expenditures are not a primary focus for Jackson Financial Inc. as a financial services company.
  • The company allocated $150 million of its excess cash to the initial funding of its new captive reinsurer, Hickory Re, for strategic growth purposes.

Trade Ideas

Select ideas related to JXN.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
NDAQ_2282026_Insider_Buying_45D_2Buy_200K02282026NDAQNasdaqInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
JEF_2272026_Dip_Buyer_ValueBuy02272026JEFJefferies FinancialDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
ALAB_2272026_Dip_Buyer_High_CFO_Margins_ExInd_DE02272026ALABAstera LabsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
0.0%0.0%0.0%
PAYO_2272026_Dip_Buyer_High_CFO_Margins_ExInd_DE02272026PAYOPayoneer GlobalDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
0.0%0.0%0.0%
FOUR_2272026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG02272026FOURShift4 PaymentsDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
0.0%0.0%0.0%
JXN_5312022_Insider_Buying_45D_2Buy_200K05312022JXNJackson FinancialInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
7.8%-17.2%-33.7%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

JXNPRUMETAMPPFGCRBGMedian
NameJackson .Prudenti.MetLife Ameripri.Principa.Corebrid. 
Mkt Price101.4093.2967.70436.8187.0122.3090.15
Mkt Cap7.032.544.641.319.011.425.8
Rev LTM6,51160,96775,61118,48015,62618,05518,268
Op Inc LTM-------
FCF LTM5,7586,27117,0928,1614,4392,0216,014
FCF 3Y Avg5,6207,09415,1376,3604,2212,5105,990
CFO LTM5,7586,27117,0928,3234,5372,0216,014
CFO 3Y Avg5,6207,09415,1376,5344,3112,5106,077

Growth & Margins

JXNPRUMETAMPPFGCRBGMedian
NameJackson .Prudenti.MetLife Ameripri.Principa.Corebrid. 
Rev Chg LTM110.6%-13.7%7.6%7.0%-3.1%-5.1%2.0%
Rev Chg 3Y Avg13.4%3.9%3.9%9.0%-2.4%-10.4%3.9%
Rev Chg Q1,116.5%24.1%25.0%10.2%-3.7%-5.4%17.1%
QoQ Delta Rev Chg LTM37.2%5.2%6.6%2.5%-1.1%-2.1%3.9%
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM88.4%10.3%22.6%45.0%29.0%11.2%25.8%
CFO/Rev 3Y Avg147.9%11.4%21.2%37.8%28.4%13.4%24.8%
FCF/Rev LTM88.4%10.3%22.6%44.2%28.4%11.2%25.5%
FCF/Rev 3Y Avg147.9%11.4%21.2%36.8%27.8%13.4%24.5%

Valuation

JXNPRUMETAMPPFGCRBGMedian
NameJackson .Prudenti.MetLife Ameripri.Principa.Corebrid. 
Mkt Cap7.032.544.641.319.011.425.8
P/S1.10.50.62.21.20.60.8
P/EBIT-496.7-7.88.6-1,033.78.2
P/E257.59.113.211.616.1-31.112.4
P/CFO1.25.22.65.04.25.64.6
Total Yield3.6%16.9%11.0%10.1%9.8%1.3%9.9%
Dividend Yield3.2%5.9%3.4%1.4%3.6%4.5%3.5%
FCF Yield 3Y Avg99.4%17.9%28.9%13.7%22.8%16.7%20.3%
D/E0.70.70.50.10.21.00.6
Net D/E-7.0-1.5-2.2-1.4-1.5-4.9-1.9

Returns

JXNPRUMETAMPPFGCRBGMedian
NameJackson .Prudenti.MetLife Ameripri.Principa.Corebrid. 
1M Rtn-6.6%-5.2%-6.1%-7.1%-8.0%-12.8%-6.8%
3M Rtn-5.5%-17.0%-15.1%-12.7%-1.8%-26.3%-13.9%
6M Rtn-0.7%-8.2%-15.9%-11.9%7.3%-31.5%-10.1%
12M Rtn26.3%-10.7%-12.0%-8.2%8.8%-26.5%-9.5%
3Y Rtn214.4%32.6%30.2%51.5%30.8%72.5%42.1%
1M Excs Rtn-4.6%-1.0%-3.0%-2.5%-2.1%-11.4%-2.8%
3M Excs Rtn2.4%-9.3%-7.7%-4.4%6.1%-18.4%-6.1%
6M Excs Rtn4.5%-3.1%-10.9%-7.1%12.3%-26.8%-5.1%
12M Excs Rtn8.3%-26.5%-28.4%-23.9%-5.9%-41.2%-25.2%
3Y Excs Rtn162.9%-24.0%-29.4%-8.0%-27.7%13.8%-16.0%

Comparison Analyses

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Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Retail Annuities296,621288,301   
Institutional Products26,70027,642   
Closed Life and Annuity Blocks9,3329,234   
Corporate and Other5,7975,078   
Total338,450330,255   


Price Behavior

Price Behavior
Market Price$101.40 
Market Cap ($ Bil)7.1 
First Trading Date09/01/2021 
Distance from 52W High-16.3% 
   50 Days200 Days
DMA Price$111.09$98.84
DMA Trendupindeterminate
Distance from DMA-8.7%2.6%
 3M1YR
Volatility34.5%36.9%
Downside Capture1.080.99
Upside Capture209.39140.75
Correlation (SPY)56.0%68.1%
JXN Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta1.941.911.671.301.391.56
Up Beta0.982.042.091.521.111.58
Down Beta1.091.461.421.421.701.76
Up Capture241%235%220%133%190%385%
Bmk +ve Days9203170142431
Stock +ve Days10233573145430
Down Capture252%189%131%112%124%108%
Bmk -ve Days12213054109320
Stock -ve Days11182651105318

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with JXN
JXN19.8%36.9%0.56-
Sector ETF (XLF)-4.0%19.2%-0.3378.6%
Equity (SPY)14.5%18.9%0.5968.1%
Gold (GLD)50.2%27.7%1.46-6.7%
Commodities (DBC)17.8%17.6%0.8518.9%
Real Estate (VNQ)0.4%16.4%-0.1549.5%
Bitcoin (BTCUSD)-23.7%44.2%-0.4927.2%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with JXN
JXN32.2%44.4%0.83-
Sector ETF (XLF)9.1%18.7%0.3766.2%
Equity (SPY)11.8%17.0%0.5458.0%
Gold (GLD)20.7%17.7%0.961.5%
Commodities (DBC)11.6%18.9%0.5012.0%
Real Estate (VNQ)3.0%18.8%0.0744.4%
Bitcoin (BTCUSD)4.0%56.6%0.2929.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with JXN
JXN15.0%44.4%0.83-
Sector ETF (XLF)12.0%22.1%0.5066.2%
Equity (SPY)14.0%17.9%0.6758.0%
Gold (GLD)13.3%15.8%0.701.5%
Commodities (DBC)8.2%17.6%0.3912.0%
Real Estate (VNQ)4.7%20.7%0.1944.4%
Bitcoin (BTCUSD)66.4%66.8%1.0629.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity2.9 Mil
Short Interest: % Change Since 2282026-10.8%
Average Daily Volume0.7 Mil
Days-to-Cover Short Interest4.2 days
Basic Shares Quantity68.6 Mil
Short % of Basic Shares4.2%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/22/2023-2.7%2.7%2.2%
9/17/20212.9%7.9%13.8%
SUMMARY STATS   
# Positive122
# Negative100
Median Positive2.9%5.3%8.0%
Median Negative-2.7%  
Max Positive2.9%7.9%13.8%
Max Negative-2.7%  

SEC Filings

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Report DateFiling DateFiling
12/31/202502/24/202610-K
09/30/202511/04/202510-Q
06/30/202508/05/202510-Q
03/31/202505/07/202510-Q
12/31/202402/26/202510-K
09/30/202411/06/202410-Q
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202302/28/202410-K
09/30/202311/08/202310-Q
06/30/202308/08/202310-Q
03/31/202305/09/202310-Q
12/31/202203/01/202310-K
09/30/202211/10/202210-Q
06/30/202208/10/202210-Q
03/31/202205/11/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Chelko, CarrieEVP and General CounselDirectSell815202595.403,000286,2006,861,941Form
2Smith, Craig DonaldPresident and CEO PPM AmericaDirectSell813202591.672,500229,17510,010,400Form
3Smith, Craig DonaldPresident and CEO PPM AmericaDirectSell811202588.441,500132,66010,188,322Form
4Smith, Craig DonaldPresident and CEO PPM AmericaDirectSell811202589.963,500314,86010,048,567Form
5Smith, Craig DonaldPresident and CEO PPM AmericaDirectSell408202569.5220,6071,432,5508,093,425Form