JXNJackson Financial Inc.
Life Insurance
- Revenue
- $6.7B
- 104% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $9.2B
- Employees
- 3,890
- $2M revenue each
- Net debt / EBITDA
- —
- −$3.3B net debt
- AI in 10-K
- 1.4
- mentions per 10K words
Takeover score 0 of 13
Fixable underperformance 0 of 7
- TSR below peersNo0 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Dilutive SBCNo2% of revenueOver 10% of revenue
- Payouts exceed cash flowNo15% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo98% lowest supportAny vote under 80% support
Buyer economics 0 of 4
- Low revenue per employeeNo$2M · 54th pctBottom quartile of its SIC industry
- Quiet on AINo1.4 per 10K words · 42nd pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedNo$9.2B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$3M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $6.4B | $9.8B | $3.1B | $3.3B | $6.7B | 104% |
| Net income | $3.4B | $6.2B | $899M | $902M | −$17M | 102% |
| Operating cash flow | $5.7B | $5.2B | $5.3B | $5.8B | $5.8B | 0.6% |
| Stock-based comp | $129M | $131M | $107M | $191M | $132M | 31% |
| Buybacks | $211M | $321M | $306M | $442M | $669M | 51% |
| Dividends | $50M | $186M | $201M | $211M | $223M | 5.7% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $3M · 3
- Net
- −$3M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 506 | 176 |
| FY2024 | — | — | 399 | 163 |
| FY2023 | — | — | 226 | 128 |
| FY2022 | — | — | 144 | 113 |
| FY2021 | — | — | 163 | 109 |