Jackson Financial Inc
Jackson Financial Inc., through its subsidiaries, provides suite of annuities to retail investors in the United States. It operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and payout annuities, as well as register… Read more
Jackson Financial Inc (JXN) - Net Assets
Latest net assets as of September 2025: $10.50 Billion USD
Based on the latest financial reports, Jackson Financial Inc (JXN) has net assets worth $10.50 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($353.56 Billion) and total liabilities ($343.06 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.50 Billion |
| % of Total Assets | 2.97% |
| Annual Growth Rate | 4.6% |
| 5-Year Change | 0.6% |
| 10-Year Change | N/A |
| Growth Volatility | 1212.41 |
Jackson Financial Inc - Net Assets Trend (2016–2024)
This chart illustrates how Jackson Financial Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jackson Financial Inc (2016–2024)
The table below shows the annual net assets of Jackson Financial Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.98 Billion | -3.41% |
| 2023-12-31 | $10.33 Billion | +12.88% |
| 2022-12-31 | $9.15 Billion | -97.54% |
| 2021-12-31 | $372.83 Billion | +3657.58% |
| 2020-12-31 | $9.92 Billion | +35.54% |
| 2019-12-31 | $7.32 Billion | -6.89% |
| 2018-12-31 | $7.86 Billion | +7.59% |
| 2017-12-31 | $7.31 Billion | +4.89% |
| 2016-12-31 | $6.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jackson Financial Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 428.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.71 Billion | 78.99% |
| Common Stock | $1.00 Million | 0.01% |
| Other Comprehensive Income | $-3.52 Billion | -36.07% |
| Other Components | $5.57 Billion | 57.07% |
| Total Equity | $9.76 Billion | 100.00% |
Jackson Financial Inc Competitors by Market Cap
The table below lists competitors of Jackson Financial Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yuanjie Semiconductor Technology Co. Ltd. A
SHG:688498
|
$6.92 Billion |
|
Airtel Africa Plc
PINK:AARTY
|
$6.92 Billion |
|
NINGBO SHANSHAN GDR/A
F:OJ8
|
$6.93 Billion |
|
KANZHUN LTD SP.ADS/2 CL.A
F:8JN
|
$6.93 Billion |
|
JBTMarel Corp
NYSE:JBTM
|
$6.91 Billion |
|
Telkom Indonesia (Persero) Tbk PT
PINK:TLKMF
|
$6.91 Billion |
|
MGM Resorts International
NYSE:MGM
|
$6.90 Billion |
|
Minth Group Limited
PINK:MNTHY
|
$6.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jackson Financial Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,170,000,000 to 9,764,000,000, a change of -406,000,000 (-4.0%).
- Net income of 946,000,000 contributed positively to equity growth.
- Dividend payments of 255,000,000 reduced retained earnings.
- Share repurchases of 442,000,000 reduced equity.
- Other comprehensive income decreased equity by 714,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $946.00 Million | +9.69% |
| Dividends Paid | $255.00 Million | -2.61% |
| Share Repurchases | $442.00 Million | -4.53% |
| Other Comprehensive Income | $-714.00 Million | -7.31% |
| Other Changes | $59.00 Million | +0.6% |
| Total Change | $- | -3.99% |
Book Value vs Market Value Analysis
This analysis compares Jackson Financial Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.79x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.41x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $73.75 | $103.82 | x |
| 2017-12-31 | $77.36 | $103.82 | x |
| 2018-12-31 | $79.10 | $103.82 | x |
| 2019-12-31 | $72.37 | $103.82 | x |
| 2020-12-31 | $99.81 | $103.82 | x |
| 2021-12-31 | $117.20 | $103.82 | x |
| 2022-12-31 | $94.97 | $103.82 | x |
| 2023-12-31 | $121.68 | $103.82 | x |
| 2024-12-31 | $131.20 | $103.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jackson Financial Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.60%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 34.66x
- Recent ROE (9.69%) is below the historical average (16.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.45% | 16.16% | 0.02x | 34.14x | $101.33 Million |
| 2017 | 6.78% | 7.99% | 0.02x | 36.40x | $-235.47 Million |
| 2018 | 26.57% | 14.51% | 0.05x | 34.71x | $1.24 Billion |
| 2019 | -7.27% | -14.24% | 0.01x | 43.45x | $-1.18 Billion |
| 2020 | -17.33% | -35.19% | 0.01x | 37.49x | $-2.58 Billion |
| 2021 | 32.87% | 62.09% | 0.01x | 36.13x | $2.38 Billion |
| 2022 | 73.44% | 63.64% | 0.03x | 36.93x | $5.34 Billion |
| 2023 | 9.18% | 29.51% | 0.01x | 32.47x | $-83.00 Million |
| 2024 | 9.69% | 30.60% | 0.01x | 34.66x | $-30.40 Million |
Industry Comparison
This section compares Jackson Financial Inc's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $52,810,304,913
- Average return on equity (ROE) among peers: 25.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jackson Financial Inc (JXN) | $10.50 Billion | 11.45% | 32.67x | $6.92 Billion |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $10.89 Million |
| Abacus Life Inc. (ABL) | $766.89K | 130.06% | 1.40x | $276.35 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| Citizens Inc (CIA) | $28.30 Million | 19.53% | 3.74x | $217.00 Million |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |