公司概述
Jackson Financial Inc. operates as a provider of annuity products designed to generate retirement income for retail investors within the United States market. The company functions within the broader Financial Services sector, specifically categorized under the Insurance - Life industry, which focuses on long-term risk protection and savings accumulation. On a significant scale, the enterprise boasts a market capitalization of $7.27B and employs a workforce of 3090 individuals to support its operations. Its annual revenue stands at $6.76B, indicating that the company maintains a substantial position in the annuity distribution landscape, suggesting it is a major player capable of influencing market dynamics through its three distinct business segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks.
财务健康
The company reported a total revenue of $6.76B over the trailing twelve months, yet recorded a net income of -$17,000,000, while EBITDA data is currently unavailable; this disparity between high revenue and negative net income highlights a cost structure where operating expenses or impairment charges significantly erode profitability. Despite the reported net loss, the firm generated free cash flow of $1.70B, which signifies a strong capacity to meet obligations and fund operations independently of accounting earnings. The margins reveal specific operational efficiencies, with a gross margin of 51.2% indicating favorable pricing power or low direct costs, an operating margin of 23.6% suggesting efficient internal management, and a profit margin of 0.4% that reflects the bottom-line impact of non-operating factors or one-time charges. Regarding liquidity and leverage, total cash holdings of $5.70B are exactly matched by total debt of $5.70B, resulting in a debt-to-equity ratio of 55.12, which indicates a highly leveraged balance sheet where equity capital is minimal relative to obligations. The current ratio is recorded at 1.66, implying that the company possesses sufficient liquid assets to cover its short-term liabilities with a comfortable buffer. Return on equity stands at 0.7% and return on assets is 0.1%, metrics that reveal management is currently struggling to generate substantial returns on the capital base and asset portfolio deployed.
估值评估
Valuation metrics present a mixed picture, with the trailing P/E ratio listed as N/A due to the reported net loss, while the forward P/E is calculated at 3.85; this divergence implies that the market anticipates a normalization of earnings in the future period, driving the valuation forward rather than backward. The price-to-book ratio is 0.73, suggesting that the market values the company at a discount to its net asset value, which often occurs in highly leveraged or distressed scenarios. Alternative valuation measures include a price-to-sales ratio of 1.08 and an EV/EBITDA of N/A, indicating that analysts rely heavily on revenue multiples rather than earnings or cash-flow multiples to price the stock at this time. The stock has traded between a 52-week low of $66.75 and a high of $123.61, placing the current trading range within a broad band that reflects significant recent volatility. With a beta of 1.46, the stock exhibits price volatility that is 46% higher than the broader market, meaning it tends to amplify market movements with greater intensity.
Growth & Income
Revenue growth has surged to an impressive 718.8% year-over-year, whereas earnings growth is N/A, implying that the recent top-line expansion has not yet translated into bottom-line profitability due to the aforementioned net loss. The company offers a dividend yield of 3.5% with a payout ratio of 43.4%; however, given the negative net income, sustaining this payout ratio is theoretically challenging as it requires distributing cash flow rather than accounting earnings. Since earnings growth is unavailable and net income is negative, the company effectively reinvests its free cash flow into business operations rather than relying on accounting profits to fund shareholder returns. The overall growth and income profile is characterized by massive top-line expansion and a high dividend yield, yet the lack of positive earnings growth and a highly leveraged balance sheet creates a complex investment dynamic that requires careful scrutiny of cash flow sustainability.