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Jackson Financial JXN Closed Life and Annuity Blocks — Deferred Acquisition Costs

Other segment segments

Retail Annuities
$11.57B-1.9%
Institutional Products
$0

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Other financials

Income statement

See full
Revenue$2.9B-22.6%
Net income-$424.0M-1,667%
EPS (diluted)-$6.24-1,200%

Balance sheet

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Cash & equivalents$5.5B+42.5%
Total debt$2.7B+31.8%
Total equity$9.5B-7.8%
Total assets$339.54B+3.8%

Cash flow

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Operating cash flow$1.0B-34.4%

Valuation

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Market cap$9.11B+41.1%
Enterprise value$6.25B+32.9%
P/S1.6×+0.4×

Profitability

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Net margin11.7%

Returns & leverage

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Return on equity5.5%
Debt / equity0.3×+0.1×

Where this comes from

Reported directly by Jackson Financial in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationDeferredPolicyAcquisitionCosts.

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

Filed
Feb 24, 2026, 4:14 PM EST
Fiscal year
FY2025
Accession
0001822993-26-000022
December 31, 2025Deferred / Acquisition / CostsReserves for / Future Policy / Benefits and / Claims PayableOther Contract / Holder Funds
Retail Annuities$11,567$1,495$44,927
Institutional Products11,021
Closed Life and Annuity Blocks939,40111,715
Corporate and Other
Total$11,660$10,896$67,663
December 31, 2024
Retail Annuities$11,786$1,408$37,865
Institutional Products8,384

Item 8. Financial Statements and Supplementary Data

FAQ

What is Jackson Financial's closed life and annuity blocks — deferred acquisition costs?
Jackson Financial (JXN) reported closed life and annuity blocks — deferred acquisition costs of $93M in Q4 2025.
How has Jackson Financial's closed life and annuity blocks — deferred acquisition costs changed year-over-year?
Jackson Financial's closed life and annuity blocks — deferred acquisition costs decreased by 7.9% year-over-year, from $101M to $93M.
What does closed life and annuity blocks — deferred acquisition costs mean?
The unamortized balance of costs incurred to acquire insurance contracts that are expected to provide future economic benefits. This asset represents the investment made in the current book of business that will be recognized as an expense in future periods. It is a critical component of the segment's balance sheet and long-term earnings potential.

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