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F&G Annuities & Life FG Universal life — Capitalization

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Other financials

Income statement

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Revenue$1.2B+30.7%
Net income$248.0M+1,281%
EPS (diluted)$1.78+990%

Balance sheet

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Cash & equivalents$1.3B-59.8%
Total debt$2.2B+0.3%
Total equity$4.6B+6.3%
Total assets$101.03B+14.8%

Cash flow

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Operating cash flow$743.0M-22.3%

Valuation

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Market cap$3.69B-29.3%

Profitability

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Net margin8.9%-1.0pp

Returns & leverage

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Return on equity11.9%-0.9pp
Debt / equity0.5×0.0×

Where this comes from

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

Tagged under the XBRL concept fg:ContractWithCustomerLiabilityAdditions.

The official record: F&G Annuities & Life’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is F&G Annuities & Life's universal life — capitalization?
F&G Annuities & Life (FG) reported universal life — capitalization of $49M in Q1 2026.
How has F&G Annuities & Life's universal life — capitalization changed year-over-year?
F&G Annuities & Life's universal life — capitalization increased by 19.5% year-over-year, from $41M to $49M.
What is the long-term trend for F&G Annuities & Life's universal life — capitalization?
Over 3 years (2022 to 2025), F&G Annuities & Life's universal life — capitalization has grown at a 26.0% compound annual growth rate (CAGR), from $89M to $178M.
What does universal life — capitalization mean?
This metric captures the additions to the contract liability for universal life products, reflecting the capitalization of costs or adjustments related to the underlying insurance contracts. It represents the accounting treatment of inflows or adjustments that increase the long-term liability balance. This measure is essential for understanding how the company accounts for the growth and modification of its policyholder obligations.