Jackson Financial (JXN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Jackson Financial

NYSE•Financial Services•Insurance - Life

$138.12-0.24(<0.01%)Market closed

Market Cap

$9.08B

P/E

88.1x

P/S

1.4x

P/B

0.9x

Jackson Financial Inc., through its subsidiaries, provides suite of annuities to retail investors in the United States. It 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 payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts; funding agreements backed by commercial paper; 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. The company also provides investment management services. It sells its products through a distribution network that includes independent broker-dealers, wirehouses, regional broker-dealers, banks, independent registered investment advisors, third-party platforms, and insurance agents. The company was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. Jackson Financial Inc. was incorporated in 2006 and is headquartered in Lansing, Michigan.

How this company scores

GoodMetricSide Score: 72/100

Strongest: Growth (24/25); weakest: Profitability (13/25).

Profitability13/25

Growth24/25

Balance Sheet & Red Flags20/25

Cash & Earnings Quality15/25

Strengths

Growing revenueStrong marginsRising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 88.1x5y range 0.2x – 273.0x

Currently above its 16-quarter median.

P/S · 1.4x5y range 0.1x – 2.0x

Currently near its 18-quarter median.

P/B · 0.9x5y range 0.2x – 0.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 170.6% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $9.08B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $6.47B
Q. Revenue: $168.00M
TTM EBITDA: $3.61B
TTM Op. Income: $3.61B
Q. Op. Income: $-519.00M
TTM Net Income: $103.00M
Q. Net Income: $655.00M
EPS: $9.18
Shares Out.: $70.16M

$6.47B in TTM revenue grew 15.1% YoY, reaching $168.00M last quarter. TTM EBITDA of $3.61B and TTM operating income of $3.61B show growth is flowing through to the bottom line. TTM net income of $103.00M means revenue is converting into profit. Over the past year, TTM revenue is up 15% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: -308.9%
Op. Margin: -308.9%
Net Margin: 389.9%

Op. margin of -308.9% is down 553.5% YoY — costs are rising relative to revenue. Net margin at 389.9% Over the past year, operating margin is down 226% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 88.1x
P/S Ratio: 1.4x
P/B Ratio: 0.9x

At 88.1x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.4x and P/B of 0.9x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 82% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $367.06B
Cash: $5.99B
Long-Term Debt: $2.77B
Book Value: $9.96B
D/E Ratio: 0.3
Debt/EBITDA: N/A

With $367.06B in assets and $2.77B in long-term debt, D/E is 0.3and book value is $9.96B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 4 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $1.85B
TTM Free Cash Flow: $5.88B
FCF Margin: 90.9%
FCF / Net Income: 57.1

TTM FCF of $5.88B on $1.85B in operating cash flow. The FCF / Net Income ratio of 57.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 4% — an improving trend.