JXN Financial Services

Jackson Financial Inc.

$140.65+2.19%

Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026

Basics

Sector: Financial Services
Industry: Insurance - Life
Country: United States
Market cap: 9.5B USD
Full-time employees: 3,090

Overall health

Drawback: less profitable than most peersless profitable than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Ranks #656 of 791 banks & insurance companies (bottom 18%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Earnings turned from a loss to a profit. Profit per share this year after a loss last year.
Jackson Financial made a profit per share in its latest year after a loss the year before.
Valuation signals disagree. Cheaper than 71% of peers on book value, but only 5% on earnings.
Relative to its book value, Jackson Financial looks cheaper than 71% of peers; relative to its earnings, cheaper than only 5%. The valuation score blends the two, so look at which measure fits this business best.
Share count shrinking. Shares outstanding down 18% from December 2022 to July 2026.
Jackson Financial had 18% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
More volatile share price. Beta 1.32: tends to move more than the market.
Jackson Financial's shares have swung more with the market than most peers' (beta 1.32, above the market's 1.0).

StockQuotient Score

35/ 100▼ 1 since Oct 27 close

Oct 5 37 → Nov 4 35 (-2)

Valuation

Is the price right?

12/100

Weak▼ 1 since Oct 27 close

2/2 inputs reported · High confidence

Since last quarter: ▲ Stronger

Share count down 2.9%

Valuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 13 → 12

Share price +4.1%-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Weaker than most peers on:

▼ Earnings yield

Compare with peers

Behind the score

Earnings yield (P/E) and book yield (P/B) versus other banks and insurers.

Book yield104.6%

SEC filings · latest balance sheetReported value40% base weight · Z-score 0.88Sector median: 0.7950 · MAD: 0.2843

Earnings yield0.6%

SEC filings · 12 months to Jun 2026Reported value60% base weight · Z-score -2.87Sector median: 0.0789 · MAD: 0.0253

Other data (not scored)

EBITDA yieldUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1095 · MAD: 0.0527

Free cash flow yield61.8%

Yahoo Finance fallback · SEC cash flow or share count unavailable · trailing 12 months · operating cash flow − capital spendingOutlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.0796 · MAD: 0.0459

Growth

Is it growing?

89/100

Strong

1/1 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 11.0%

Why

Stronger than most peers on:

▲ EPS growth

Compare with peers

Behind the score

Earnings-per-share growth versus other banks and insurers.

Earnings per share growthUnavailable

Earnings per share turned from a loss to a profit100% base weight · Z-score 3.65Sector median: 0.1599 · MAD: 0.1775

Other data (not scored)

3-year revenue growth127.6%

SEC filings · 3 years to Jun 2026Outlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.0826 · MAD: 0.0558

Revenue growth15.1%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0866 · MAD: 0.0782

Profitability

Does it earn well?

5/100

Weak

2/2 inputs reported · High confidence

Since last quarter: ▲ Stronger

Turned profitable over the last 12 months
Net margin rose 8.1 points to 0.9%

Why

Weaker than most peers on:

▼ ROA
▼ ROE

Compare with peers

Behind the score

Return on equity and return on assets versus other banks and insurers.

Return on assets0.0%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -1.85Sector median: 0.0117 · MAD: 0.0062

Return on equity0.6%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -2.62Sector median: 0.1074 · MAD: 0.0388

Other data (not scored)

Gross marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Operating marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1450 · MAD: 0.1678

Return on invested capitalUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Risk

Debt, liquidity, price swings

Not rated

Not rated for banks and insurers: debt and share-price swings say little about their risk. We leave it blank rather than fill the gap with a made-up middle value.

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Jackson Financial

Is Jackson Financial getting weaker?: Its latest SEC filing (Aug 3, 2026) got stronger: turned profitable over the last 12 months; net margin rose 8.1 points to 0.9%. Its overall score is 35/100, down 1 since Oct 28, 2026.
How is Jackson Financial valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 12/100 against 950 banks & insurance peers. Book yield 104.6% vs a peer median of 79.5% (stronger than 71% of peers).Book yield 104.6% vs peers 79.5% (stronger than 71% of peers). Earnings yield 0.6% vs a peer median of 7.9% (weaker than 95% of peers).Earnings yield 0.6% vs peers 7.9% (weaker than 95% of peers).
Is Jackson Financial growing?: Yes, faster than most of its peers. Growth scores 89/100 against 950 banks & insurance peers.
How profitable is Jackson Financial?: Less profitable than most of its peers. Profitability scores 5/100 against 950 banks & insurance peers. Return on assets 0.0% vs a peer median of 1.2% (weaker than 94% of peers).Return on assets 0.0% vs peers 1.2% (weaker than 94% of peers).
How risky is Jackson Financial?: Not rated for banks and insurers: debt and share-price swings say little about their risk.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 3, 2026 · compared with the quarter ended Mar 31, 2026

Got stronger

Turned profitable over the last 12 months
Net margin rose 8.1 points to 0.9%
Share count down 2.9%
Debt up 37%, still less than its cash

Worth watching: Jackson Financial is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.

	Previous quarter	Latest quarter	Change
Revenue (12 months)	5.8B USD	6.5B USD	+11.0%
Net income (12 months)	−417.0M USD	59.0M USD	turned positive
Debt	2.0B USD	2.8B USD	+36.6%
Cash	5.5B USD	6.0B USD	+8.1%
Shares outstanding	69.7M	67.7M	−2.9%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Banks & Insurance · 209 companies

Valuations in Banks & Insurance are within their usual range since 2016.

55% of months since 2016 were valued lower than now.
27% of companies are in the most expensive fifth of their own price-to-book history.
Over 24 months, company values +25% and earnings +33% (medians): prices and earnings moved broadly together.
Median price-to-book is −57% vs the whole market, against a usual −57%.

2016Shaded: most expensive fifth of its range2026

Shown for Banks & Insurance: too few Insurance - Life companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Net margin	53.7%	62.8%	30.3%	28.9%	0.4%	▼ 29 pts
Return on assets (ROA)	0.9%	2.0%	0.3%	0.3%	0.0%	▼ 0.3 pts
Return on equity (ROE)	32.9%	71.5%	9.2%	9.7%	0.3%	▼ 9.4 pts
Debt to equity	0.25×	0.34×	0.30×	0.21×	0.20×	▼ 2.1%

JXN price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

White Mountains Insurance Group, Ltd.WTM94/ 100

The Allstate CorporationALL93/ 100

PT Saratoga Investama Sedaya TbkSRTG.JK93/ 100

Bringing the fundamentals into focus…

Overall health

Drawback: less profitable than most peersless profitable than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Ranks #656 of 791 banks & insurance companies (bottom 18%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Earnings turned from a loss to a profit. Profit per share this year after a loss last year.

Jackson Financial made a profit per share in its latest year after a loss the year before.

Valuation signals disagree. Cheaper than 71% of peers on book value, but only 5% on earnings.

Relative to its book value, Jackson Financial looks cheaper than 71% of peers; relative to its earnings, cheaper than only 5%. The valuation score blends the two, so look at which measure fits this business best.

Share count shrinking. Shares outstanding down 18% from December 2022 to July 2026.

Jackson Financial had 18% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.

More volatile share price. Beta 1.32: tends to move more than the market.

Jackson Financial's shares have swung more with the market than most peers' (beta 1.32, above the market's 1.0).

Questions investors ask about Jackson Financial

Is Jackson Financial getting weaker?

Its latest SEC filing (Aug 3, 2026) got stronger: turned profitable over the last 12 months; net margin rose 8.1 points to 0.9%. Its overall score is 35/100, down 1 since Oct 28, 2026.

How is Jackson Financial valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 12/100 against 950 banks & insurance peers. Book yield 104.6% vs a peer median of 79.5% (stronger than 71% of peers).Book yield 104.6% vs peers 79.5% (stronger than 71% of peers). Earnings yield 0.6% vs a peer median of 7.9% (weaker than 95% of peers).Earnings yield 0.6% vs peers 7.9% (weaker than 95% of peers).

Is Jackson Financial growing?

Yes, faster than most of its peers. Growth scores 89/100 against 950 banks & insurance peers.

How profitable is Jackson Financial?

Less profitable than most of its peers. Profitability scores 5/100 against 950 banks & insurance peers. Return on assets 0.0% vs a peer median of 1.2% (weaker than 94% of peers).Return on assets 0.0% vs peers 1.2% (weaker than 94% of peers).

How risky is Jackson Financial?

Not rated for banks and insurers: debt and share-price swings say little about their risk.

Previous quarter

Latest quarter

Change

Revenue (12 months)

5.8B USD

6.5B USD

+11.0%

Net income (12 months)

−417.0M USD

59.0M USD

turned positive

Debt

2.0B USD

2.8B USD

+36.6%

Cash

5.5B USD

6.0B USD

+8.1%

Shares outstanding

69.7M

67.7M

−2.9%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Net margin

53.7%

62.8%

30.3%

28.9%

0.4%

▼ 29 pts

Return on assets (ROA)

0.9%

2.0%

0.3%

0.0%

▼ 0.3 pts

Return on equity (ROE)

32.9%

71.5%

9.2%

9.7%

0.3%

▼ 9.4 pts

Debt to equity

0.25×

0.34×

0.30×

0.21×

0.20×

▼ 2.1%