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Brighthouse Financial BHF Annuities — Policyholder account balances

Other segment segments

Corporate Segment and Other Operating Segment
$9.48B-13.7%
Run-off
$5.5B-13.7%
Life
$2.87B+0.3%

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METMIM — Policyholder account balances
$0
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METRIS — Policyholder account balances
$93.55B+10.2%
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METAsia — Policyholder account balances
$104.24B+9.8%
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METEMEA — Policyholder account balances
$8.06B+11.7%
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METLatin America — Policyholder account balances
$6.53B+18.4%
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METGroup Benefits — Policyholder account balances
$11.01B+44.2%

Other financials

Income statement

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Revenue$1.6B+86.2%
Net income$981.0M+1,054%
EPS (diluted)$16.53+1,521%

Balance sheet

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Cash & equivalents$7.1B+28.2%
Total debt$3.2B0.0%
Total equity$6.6B+15.5%
Total assets$247.18B+1.9%

Cash flow

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Operating cash flow-$431.0M

Valuation

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Market cap$3.57B+31.0%
Enterprise value-$379.6M-211%
P/E4.3×+0.2×
P/S0.5×+0.1×

Profitability

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Net margin12.5%+2.2pp

Returns & leverage

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Return on equity13.6%+0.1pp
Debt / equity0.5×-0.1×

Where this comes from

Reported directly by Brighthouse Financial in its filing.

Tagged under the XBRL concept us-gaap:PolicyholderContractDeposits.

The source filing: Brighthouse Financial’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 5:13 PM EST
Fiscal year
FY2025
Accession
0001685040-26-000011
SegmentDACand VOBAFuture Policy Benefits and Other Policy-Related BalancesPolicyholder Account BalancesUnearned Premiums (1) (2)Unearned Revenue (1)
2025
Annuities$3,952$4,290$70,103$54
Life6126,7512,86710361
Run-off318,8995,504793
Corporate & Other5,9789,4785
Total$4,567$35,918$87,952$15$1,208
2024
Annuities$4,027$4,040$67,777$60

Item 8. Financial Statements and Supplementary Data

FAQ

What is Brighthouse Financial's annuities — policyholder account balances?
Brighthouse Financial (BHF) reported annuities — policyholder account balances of $70.1B in Q4 2025.
How has Brighthouse Financial's annuities — policyholder account balances changed year-over-year?
Brighthouse Financial's annuities — policyholder account balances increased by 3.4% year-over-year, from $67.78B to $70.1B.
What does annuities — policyholder account balances mean?
The total liability representing the accumulated value of funds held on behalf of annuity policyholders. This balance reflects the scale of customer deposits and the company's obligation to manage these funds according to contract terms.

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