See more : Fireweed Metals Corp. (FWEDF) Income Statement Analysis – Financial Results
Complete financial analysis of F&G Annuities & Life, Inc. (FG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of F&G Annuities & Life, Inc., a leading company in the Insurance – Life industry within the Financial Services sector.
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F&G Annuities & Life, Inc. (FG)
About F&G Annuities & Life, Inc.
F&G Annuities & Life, Inc. provides fixed annuities and life insurance products. It serves retail annuity and life customers, as well as institutional clients. The company was founded in 1959 and is headquartered in Des Moines, Iowa. F&G Annuities & Life, Inc. is a subsidiary of Fidelity National Financial, Inc.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.54B | 2.23B | 3.37B | 1.43B | 1.81B | 711.00M | 1.98B | 1.06M |
| Cost of Revenue | 146.00M | 102.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 4.39B | 2.13B | 3.37B | 1.43B | 1.81B | 711.00M | 1.98B | 1.06M |
| Gross Profit Ratio | 96.78% | 95.43% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 232.00M | 157.00M | 129.00M | 0.00 | 78.00M | 150.00M | 132.00M | 1.40M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 232.00M | 157.00M | 129.00M | 99.00M | 78.00M | 150.00M | 132.00M | 1.40M |
| Other Expenses | 4.04B | -588.00M | -2.45B | 0.00 | -1.45B | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 4.41B | 1.76B | -2.32B | 1.53B | -1.37B | 653.00M | 1.73B | 1.40M |
| Cost & Expenses | 4.56B | 1.63B | 2.30B | 1.53B | 1.39B | 653.00M | 1.73B | 1.40M |
| Interest Income | 0.00 | 1.66B | 189.00M | 31.00M | 118.00M | 29.00M | 24.00M | 0.00 |
| Interest Expense | 97.00M | 29.00M | 29.00M | 0.00 | 32.00M | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 412.00M | 24.00M | 484.00M | 97.00M | 128.00M | -58.00M | -252.00M | 336.27K |
| EBITDA | 474.00M | 0.00 | 0.00 | 139.00M | 570.00M | -58.00M | -48.00M | 0.00 |
| EBITDA Ratio | 10.45% | 42.87% | 45.54% | 9.72% | 31.44% | -8.16% | -2.42% | 0.00% |
| Operating Income | 62.00M | 627.00M | 1.05B | -97.00M | 442.00M | 58.00M | 252.00M | -336.27K |
| Operating Income Ratio | 1.37% | 28.12% | 31.19% | -6.78% | 24.38% | 8.16% | 12.73% | -31.59% |
| Total Other Income/Expenses | -97.00M | 903.00M | -500.00M | -31.00M | -21.00M | -29.00M | -24.00M | 0.00 |
| Income Before Tax | -35.00M | 598.00M | 1.08B | -128.00M | 421.00M | 29.00M | 228.00M | -336.27K |
| Income Before Tax Ratio | -0.77% | 26.82% | 31.93% | -8.95% | 23.22% | 4.08% | 11.52% | -31.59% |
| Income Tax Expense | 23.00M | 117.00M | 220.00M | 89.00M | 60.00M | 16.00M | 1.32B | 0.00 |
| Net Income | -58.00M | 481.00M | 865.00M | -47.00M | 412.00M | -16.00M | -1.12B | -336.27K |
| Net Income Ratio | -1.28% | 21.57% | 25.64% | -3.29% | 22.72% | -2.25% | -56.36% | -31.59% |
| EPS | -0.47 | 4.18 | 8.24 | -0.31 | 21.87 | -0.07 | -5.28 | -0.02 |
| EPS Diluted | -0.47 | 4.18 | 8.24 | -0.31 | 21.87 | -0.07 | -5.21 | -0.02 |
| Weighted Avg Shares Out | 124.00M | 115.00M | 105.00M | 150.00M | 18.84M | 216.02M | 211.36M | 18.56M |
| Weighted Avg Shares Out (Dil) | 124.00M | 115.00M | 105.00M | 150.00M | 18.84M | 216.02M | 214.37M | 18.56M |
F&G Annuities: Huge Insider Buying, Bargain Priced At 5.8x Earnings, 3.8% Yield
Fidelity National Financial spun out 15% of their stake in F&G Annuities on December 1st. F&G earnings crushed Q4 estimates, as this business is benefiting from higher interest rates.
F&G Annuities & Life, Inc. (FG) Q4 2022 Earnings Call Transcript
F&G Annuities & Life, Inc. (NYSE:FG ) Q4 2022 Results Conference Call February 23, 2023 9:00 AM ET Company Participants Lisa Foxworthy-Parker - IR Chris Blunt - CEO Wendy Young - CFO Conference Call Participants Andrew Kligerman - Credit Suisse...
My Dividend Growth Income - Year End Summary
In 2022, I shifted my investment strategy to focusing on dividend growth income investing and started this article series in August '22. Dedicating myself to create monthly articles to track the progress of my investments has improved my performance and...
Fidelity National Financial Spins Off F&G Annuities
Fidelity National (FNF) spun off F&G Annuities (FG) on Thursday, December 1st. At $19.13, we see the technical picture as near term quite negative.
Source: https://incomestatements.info
Category: Stock Reports