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Jackson Financial JXN Payout Annuity — Interest accrual

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Other financials

Income statement

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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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitInterestExpense.

The source filing: Jackson Financial’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:22 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001822993-26-000072
Line itemPresent Value of Expected Future Policy Benefits / Three Months Ended March 31, 2026 / Payout / AnnuitiesPresent Value of Expected Future Policy Benefits / Three Months Ended March 31, 2026 / Closed Block / LifePresent Value of Expected Future Policy Benefits / Three Months Ended March 31, 2026 / Closed Block / AnnuityPresent Value of Expected Future Policy Benefits / Year Ended December 31, 2025 / Payout / AnnuitiesPresent Value of Expected Future Policy Benefits / Year Ended December 31, 2025 / Closed Block / LifePresent Value of Expected Future Policy Benefits / Year Ended December 31, 2025 / Closed Block / Annuity
Effect of actual variances from expected experience162(16)(30)6
Balance adjusted for variances from expectation1,2285,2553,8061,1595,6154,090
Issuances3031718
Interest accrual12394047150169
Benefits payments(43)(154)(111)(150)(524)(455)
Ending balance of original discount rate (including DPL of $106, nil and $534 in March 31, 2026, and $110, nil and $546 in December 31, 2025 for payout annuities, closed block life and closed block annuity, respectively)1,2275,1433,7351,2275,2493,804
End of period cumulative effect of changes in discount rate assumptions(71)(721)(202)(58)(671)(157)
Balance, end of period$1,156$4,422$3,533$1,169$4,578$3,647

Item 1. Financial Statements

FAQ

What is Jackson Financial's payout annuity — interest accrual?
Jackson Financial (JXN) reported payout annuity — interest accrual of $12M in Q1 2026.
How has Jackson Financial's payout annuity — interest accrual changed year-over-year?
Jackson Financial's payout annuity — interest accrual decreased by 0.0% year-over-year, from $12M to $12M.
What is the long-term trend for Jackson Financial's payout annuity — interest accrual?
Over 2 years (2023 to 2025), Jackson Financial's payout annuity — interest accrual has grown at a 4.5% compound annual growth rate (CAGR), from $43M to $47M.
What does payout annuity — interest accrual mean?
This represents the interest expense accrued on the outstanding payout annuity liability balances over the reporting period. It reflects the cost of capital associated with maintaining these long-term obligations to policyholders. Consistent tracking of this metric is vital for evaluating the interest margin and overall profitability of the annuity block.

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