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Brighthouse Financial BHF Run-off — Income Tax Expense (Benefit)

Other segment segments

Annuities
$76M+4.1%
Corporate Segment and Other Operating Segment
-$8M-60.0%
Life
-$2M-300%

Similar metrics at other companies

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CNACorporate & Other — Income Tax Expense (Benefit) on Operating Income (Loss)
-$3M+57.1%
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AIGNet results of businesses in run-off, net investment income, reconciliation to income (loss) from continuing operations before income tax expense
-$5M-200%
Chevron logo
CVXAll Other — Income Tax Expense (Benefit)
-$158M-295%
Roivant Sciences logo
ROIVOther — Current Income Tax Expense Benefit
-$6.75K
American Electric Power logo
AEPAll Other Segments — Income Tax Expense (Benefit)
-$15.4M-1,132%
Redwood Trust logo
RWTLegacy Investments — Income Tax Expense (Benefit)
-$610K

Other financials

Income statement

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Revenue$1.5B-36.1%
Net income-$766.0M-186%
EPS (diluted)-$13.82-174%

Balance sheet

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Cash & equivalents$4.9B+5.1%
Total debt$3.2B0.0%
Total equity$5.6B+6.2%
Total assets$236.80B+0.9%

Cash flow

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Operating cash flow-$221.0M-251%

Valuation

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Market cap$3.65B+1.7%

Profitability

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Net margin-1.1%-9.8pp

Returns & leverage

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Return on equity-1.2%-14.2pp
Debt / equity0.6×0.0×

Where this comes from

Reported directly by Brighthouse Financial in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Brighthouse Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Brighthouse Financial's run-off — income tax expense (benefit)?
Brighthouse Financial (BHF) reported run-off — income tax expense (benefit) of -$13M in Q1 2026.
How has Brighthouse Financial's run-off — income tax expense (benefit) changed year-over-year?
Brighthouse Financial's run-off — income tax expense (benefit) increased by 23.5% year-over-year, from -$17M to -$13M.
What is the long-term trend for Brighthouse Financial's run-off — income tax expense (benefit)?
Over 2 years (2021 to 2023), Brighthouse Financial's run-off — income tax expense (benefit) has grown at a -37.6% compound annual growth rate (CAGR), from $59M to -$23M.
What does run-off — income tax expense (benefit) mean?
Represents the tax impact associated with the earnings or losses of a specific legacy business segment. It reflects the effective tax burden or benefit derived from the segment's operational results within the broader corporate tax structure.