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Jackson Financial JXN Direct policyholders’ benefits

Direct policyholders’ benefits at other companies

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$9.3M+10.4%
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$1.99B-9.1%
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$13.23M-1.5%

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:PolicyholderBenefitsAndClaimsIncurredGross.

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
Line itemFor the Years Ended December 31, 2025For the Years Ended December 31, 2024For the Years Ended December 31, 2023
Ceded(211)(221)(216)
Total premium$149$146$147
Benefits
Direct$1,369$1,369$1,582
Assumed734812802
Ceded(688)(771)(831)
Change in reserves, net of reinsurance(488)(542)(588)
Total benefits$927$868$965

Item 8. Financial Statements and Supplementary Data

FAQ

What is Jackson Financial's direct policyholders’ benefits?
Jackson Financial (JXN) reported direct policyholders’ benefits of $342.25M in Q4 2025.
How has Jackson Financial's direct policyholders’ benefits changed year-over-year?
Jackson Financial's direct policyholders’ benefits decreased by 0.0% year-over-year, from $342.25M to $342.25M.
What is the long-term trend for Jackson Financial's direct policyholders’ benefits?
Over 4 years (2021 to 2025), Jackson Financial's direct policyholders’ benefits has grown at a -2.3% compound annual growth rate (CAGR), from $1.5B to $1.37B.
What does direct policyholders’ benefits mean?
The total gross amount of benefits and claims incurred related to insurance policies, before accounting for any recoveries from reinsurance. This reflects the raw liability and payout obligations generated by the company's underwriting activities. It is a critical measure of the underlying performance and cost structure of the insurance products offered.

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