FG financial statements
The full income statement, balance sheet, and cash-flow statement for F&G Annuities & Life Inc. (FG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 5.73B-0.2% | 5.74B+27.6% | 4.50B+91.6% | 2.35B-40.9% | 3.97B | |
| Amortization of intangibles | 87.0M+26.1% | 69.0M+165.4% | 26.0M+4.0% | 25.0M-10.7% | 28.0M | |
| Interest expense | 164M+24.2% | 132M+36.1% | 97.0M+234.5% | 29.0M+0.0% | 29.0M | |
| Pre-tax income | — | — | -35.0M-104.4% | 793M-48.9% | 1.55B | |
| Income tax | 52.0M-61.8% | 136M+491.3% | 23.0M-85.4% | 158M-50.6% | 320M | |
| 265M-58.5% | 639M+1201.7% | -58.0M-109.1% | 635M-48.8% | 1.24B | ||
| Income from continuing operations | 323M-58.5% | 778M+2322.9% | -35.0M-104.4% | 793M-35.6% | 1.23B | |
| Net income to non-controlling interest | 6.00M+100.0% | 3.00M | 0.00 | 0.00 | — | |
| Net income to common | 248M-60.1% | 622M+1172.4% | -58.0M-109.1% | 635M-26.6% | 865M | |
| $1.88-61.5% | $4.88+1138.3% | -$0.47-108.5% | $5.52-53.3% | $11.81 | ||
| EPS (basic) | $1.89-62.0% | $4.98+1159.6% | -$0.47-108.5% | $5.52-53.3% | $11.81 | |
| Weighted-avg shares (basic) | 131M+4.8% | 125M+0.8% | 124M+7.8% | 115M+9.5% | 105M | |
| Weighted-avg shares (diluted) | 132M+0.8% | 131M+5.6% | 124M+7.8% | 115M+9.5% | 105M | |
| Dividends per share | $0.91+7.1% | $0.85+4.9% | $0.81+305.0% | $0.20 | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 1.49B-34.4% | 2.26B+44.8% | 1.56B+62.8% | 960M-37.4% | 1.53B | |
| 98.4B+15.9% | 84.9B+21.0% | 70.2B+28.5% | 54.6B+12.1% | 48.7B | ||
| Property, plant & equipment | — | — | — | 13.0M+0.0% | 13.0M | |
| Operating lease right-of-use | — | — | — | 8.00M+0.0% | 8.00M | |
| Goodwill | 2.18B+0.0% | 2.18B+24.6% | 1.75B+0.0% | 1.75B-0.4% | 1.76B | |
| Intangible assets | 551M-2.0% | 562M+181.0% | 200M-94.2% | 3.43B+53.5% | 2.23B | |
| Deferred tax assets | 82.0M-72.6% | 299M-22.9% | 388M-35.3% | 600M | 0.00 | |
| 93.5B+15.7% | 80.9B+20.5% | 67.1B+28.5% | 52.2B+18.0% | 44.2B | ||
| Long-term debt | 2.24B+3.0% | 2.17B+23.8% | 1.75B+57.5% | 1.11B+14.0% | 977M | |
| Operating lease liability (total) | 12.0M+20.0% | 10.0M-9.1% | 11.0M-15.4% | 13.0M-7.1% | 14.0M | |
| Deferred tax liabilities | — | — | — | 0.00-100.0% | 24.0M | |
| 4.80B+21.6% | 3.95B+27.3% | 3.10B+29.0% | 2.40B-52.2% | 5.03B | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | — | — | |
| Common stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Additional paid-in capital | 3.76B+8.7% | 3.46B+8.8% | 3.19B+0.7% | 3.16B+15.0% | 2.75B | |
| Retained earnings | 2.57B+5.2% | 2.44B+26.7% | 1.93B-6.6% | 2.06B+105.9% | 1.00B | |
| Treasury stock | 40.0M+33.3% | 30.0M+66.7% | 18.0M | 0.00 | — | |
| Accumulated other comprehensive income | -1.49B+22.6% | -1.92B+3.4% | -1.99B+29.4% | -2.82B-483.9% | 734M | |
| Non-controlling interest | 113M-9.6% | 125M | 0.00 | — | — | |
| Total equity incl. non-controlling | 4.92B+20.6% | 4.08B+31.4% | 3.10B+29.0% | 2.40B-52.2% | 5.03B | |
| Total liabilities & equity | 98.4B+15.9% | 84.9B+21.0% | 70.2B+28.5% | 54.6B+12.1% | 48.7B | |
| Common shares issued | 137M+7.1% | 128M+0.6% | 127M+0.7% | 126M+20.4% | 105M | |
| Common shares outstanding | 136M+7.0% | 127M+0.4% | 126M-0.1% | 126M+20.4% | 105M | |
| Shares outstanding (cover) | 136M+7.0% | 127M+0.4% | 126M-0.1% | 126M | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.68B-22.0% | 6.00B+2.8% | 5.83B+84.0% | 3.17B+69.5% | 1.87B | ||
| Depreciation & amortization | 665M+16.9% | 569M+38.1% | 412M+27.2% | 324M+19.6% | 271M | |
| Intangible amortization | 87.0M+26.1% | 69.0M+165.4% | 26.0M+4.0% | 25.0M-10.7% | 28.0M | |
| Deferred income taxes | 99.0M+39.4% | 71.0M+1875.0% | -4.00M-102.1% | 189M-2.1% | 193M | |
| -8.43B-6.0% | -7.95B+10.8% | -8.92B+4.8% | -9.37B-36.5% | -6.86B | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Sales/maturities of investments | 14.3B+26.9% | 11.3B+113.3% | 5.28B-2.8% | 5.43B-41.5% | 9.28B | |
| 2.97B+11.9% | 2.65B-28.0% | 3.69B-34.5% | 5.63B-0.2% | 5.63B | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 269M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 10.0M-16.7% | 12.0M-33.3% | 18.0M | 0.00 | 0.00 | |
| Dividends paid | 137M+13.2% | 121M+19.8% | 101M | 0.00 | 0.00 | |
| Net change in cash | -778M-211.0% | 701M+16.3% | 603M+205.2% | -573M-189.0% | 644M | |
| Interest paid | 156M+22.8% | 127M+51.2% | 84.0M+147.1% | 34.0M+13.3% | 30.0M | |
| Income taxes paid | 9.00M+12.5% | 8.00M+100.0% | 4.00M+105.6% | -72.0M-263.6% | 44.0M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.18B-20.4% | 5.25B-9.0% | 5.77B+130.8% | 2.50B | — | |
| P/E | 15.8×+92.0% | 8.2×-90.7% | 88.8×+4302.9% | 2.0× | — | |
| P/S | 0.7×-20.2% | 0.9×-44.3% | 1.6×+160.9% | 0.6× | — | |
| P/B | 0.9×-34.5% | 1.3×-45.4% | 2.4×+132.8% | 1.0× | — | |
| Earnings yield | 6.3%-47.9% | 12.2%+980.3% | 1.1%-97.7% | 49.6% | — | |
| Dividend yield | 2.9%+43.8% | 2.1%+16.5% | 1.8%+76.2% | 1.00% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: FG’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FG filings on SEC EDGAR → Not investment advice.