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F&G Annuities & Life FG PRT — Interest Expense

Other product segments

Immediate annuities
$13M0.0%
Traditional Life
$7M-22.2%

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Other financials

Income statement

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Revenue$1.4B+4.2%
Net income-$76.0M-290%
EPS (diluted)-$0.62-338%

Balance sheet

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Cash & equivalents$2.1B+11.6%
Total debt$2.3B+0.3%
Total equity$4.6B+3.9%
Total assets$103.59B+12.8%

Cash flow

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Operating cash flow$1.5B-8.2%

Valuation

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Market cap$3.87B-22.0%
Enterprise value$4.01B-24.7%
P/E9.3×-5.3×
P/S0.6×-0.3×

Profitability

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Net margin6.9%+0.4pp

Returns & leverage

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Return on equity9.2%+0.8pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by F&G Annuities & Life in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitInterestExpense.

The source filing: F&G Annuities & Life’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:08 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001934850-26-000085
Line itemGross Premiums (a) / June 30, 2026Gross Premiums (a) / June 30, 2025Interest Expense (b) / June 30, 2026Interest Expense (b) / June 30, 2025
Traditional life$45$50$16$18
Immediate annuities11122627
PRT550743201154
Total$606$805$243$199

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's PRT — interest expense?
F&G Annuities & Life (FG) reported PRT — interest expense of $102M in Q2 2026.
How has F&G Annuities & Life's PRT — interest expense changed year-over-year?
F&G Annuities & Life's PRT — interest expense increased by 27.5% year-over-year, from $80M to $102M.
What is the long-term trend for F&G Annuities & Life's PRT — interest expense?
Over 4 years (2021 to 2025), F&G Annuities & Life's PRT — interest expense has grown at a 258.7% compound annual growth rate (CAGR), from $2M to $331M.
What does PRT — interest expense mean?
This metric tracks the interest costs incurred on the liabilities associated with the Pension Risk Transfer segment. It reflects the cost of capital required to maintain these long-term insurance obligations. Investors monitor this to evaluate the interest margin and the overall cost-efficiency of the PRT business model.

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