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Jackson Financial JXN Closed Life and Annuity Blocks — Pretax adjusted operating earnings

Other segment segments

Retail Annuities
$468M+11.4%
Institutional Products
$28M+55.6%

Similar metrics at other companies

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UNMClosed Block — Segment Adjusted Operating Income
-$145.3M-1,916%
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UNMClosed Block — Adjusted Other Income
$12.48M
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UNMClosed Block — Benefits, Losses and Expenses
$579.8M+18.4%
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UNMClosed Block — Supplementary Insurance Information Net Investment Income
$254.13M-11.5%
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UNMClosed Block — Net Investment Income
$229.1M-15.1%
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UNMClosed Block — Other Income
$11.3M+14.1%

Other financials

Income statement

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Revenue$2.9B-22.6%
Operating income$760.8M
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$7.45B+22.3%
Enterprise value$4.59B+8.2%
P/S1.3×+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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: Jackson Financial’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Jackson Financial's closed life and annuity blocks — pretax adjusted operating earnings?
Jackson Financial (JXN) reported closed life and annuity blocks — pretax adjusted operating earnings of -$29M in Q1 2026.
How has Jackson Financial's closed life and annuity blocks — pretax adjusted operating earnings changed year-over-year?
Jackson Financial's closed life and annuity blocks — pretax adjusted operating earnings decreased by 203.6% year-over-year, from $28M to -$29M.
What is the long-term trend for Jackson Financial's closed life and annuity blocks — pretax adjusted operating earnings?
Over 4 years (2021 to 2025), Jackson Financial's closed life and annuity blocks — pretax adjusted operating earnings has grown at a -27.6% compound annual growth rate (CAGR), from $255M to $70M.
What does closed life and annuity blocks — pretax adjusted operating earnings mean?
A measure of the segment's core profitability, excluding non-operating items like realized investment gains or losses and one-time charges. It provides a normalized view of the segment's ability to generate profit from its insurance and investment activities. This is a primary indicator of the underlying financial health of the closed block.