Jackson Financial Inc (JXN) - Net Assets
Based on the latest financial reports, Jackson Financial Inc (JXN) has net assets worth $10.34 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($344.53 Billion) and total liabilities ($334.19 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. Check Jackson Financial Inc (JXN) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.34 Billion |
| % of Total Assets | 3.0% |
| Annual Growth Rate | 4.49% |
| 5-Year Change | -97.23% |
| 10-Year Change | N/A |
| Growth Volatility | 1151.69 |
Jackson Financial Inc - Net Assets Trend (2016–2025)
This chart illustrates how Jackson Financial Inc's net assets have evolved over time, based on quarterly financial data. Also explore Jackson Financial Inc total assets for the complete picture of this company's asset base.
Annual Net Assets for Jackson Financial Inc (2016–2025)
The table below shows the annual net assets of Jackson Financial Inc from 2016 to 2025. For live valuation and market cap data, see JXN company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $10.34 Billion | +3.61% |
| 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 412.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.47 Billion | 75.06% |
| Common Stock | $1.00 Million | 0.01% |
| Other Comprehensive Income | $-2.47 Billion | -24.82% |
| Other Components | $4.95 Billion | 49.74% |
| Total Equity | $9.95 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 |
|---|---|
|
D-Wave Quantum Inc.
NYSE:QBTS
|
$7.27 Billion |
|
Cirrus Logic Inc
NASDAQ:CRUS
|
$7.29 Billion |
|
The Mosaic Company
NYSE:MOS
|
$7.29 Billion |
|
Founder Technology Group Co Ltd
SHG:600601
|
$7.30 Billion |
|
Beijing Wantai Biological Pharmacy Enterprise Co Ltd
SHG:603392
|
$7.27 Billion |
|
Pilgrims Pride Corp
NASDAQ:PPC
|
$7.27 Billion |
|
CD PROJEKT SA
WAR:CDR
|
$7.26 Billion |
|
Indian Overseas Bank
NSE:IOB
|
$7.26 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 2024 to 2025, total equity changed from 9,764,000,000 to 9,953,000,000, a change of 189,000,000 (1.9%).
- Net income of 27,000,000 contributed positively to equity growth.
- Dividend payments of 223,000,000 reduced retained earnings.
- Share repurchases of 669,000,000 reduced equity.
- Other comprehensive income increased equity by 1,052,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $27.00 Million | +0.27% |
| Dividends Paid | $223.00 Million | -2.24% |
| Share Repurchases | $669.00 Million | -6.72% |
| Other Comprehensive Income | $1.05 Billion | +10.57% |
| Other Changes | $2.00 Million | +0.02% |
| Total Change | $- | 1.94% |
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: 0.80x
- 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 1.54x to 0.80x 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 | $113.42 | x |
| 2017-12-31 | $77.36 | $113.42 | x |
| 2018-12-31 | $79.10 | $113.42 | x |
| 2019-12-31 | $72.37 | $113.42 | x |
| 2020-12-31 | $105.04 | $113.42 | x |
| 2021-12-31 | $4204.00 | $113.42 | x |
| 2022-12-31 | $103.22 | $113.42 | x |
| 2023-12-31 | $121.68 | $113.42 | x |
| 2024-12-31 | $131.20 | $113.42 | x |
| 2025-12-31 | $141.62 | $113.42 | 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): 0.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.40%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 34.62x
- Recent ROE (0.27%) is below the historical average (10.87%), 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 | -16.47% | -35.19% | 0.01x | 35.62x | $-2.63 Billion |
| 2021 | 0.92% | 62.09% | 0.01x | 1.01x | $-33.87 Billion |
| 2022 | 67.57% | 63.64% | 0.03x | 33.98x | $5.27 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 |
| 2025 | 0.27% | 0.40% | 0.02x | 34.62x | $-968.30 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: $13,304,963,934
- Average return on equity (ROE) among peers: 8.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jackson Financial Inc (JXN) | $10.34 Billion | 11.45% | 32.31x | $7.27 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $48.34 Million |
| Abacus Life Inc. (ABL) | $423.29 Million | -5.66% | 1.07x | $827.97 Million |
| Abacus Global Management, Inc. (ABX) | $423.29 Million | -5.66% | 1.07x | $90.58K |
| Aflac Incorporated (AFL) | $6.65 Billion | 11.96% | 6.67x | $58.78 Billion |
| Brighthouse Financial Inc (BHF) | $14.48 Billion | 5.97% | 13.24x | $3.58 Billion |
| Citizens Inc (CIA) | $176.16 Million | 9.40% | 3.47x | $265.08 Million |
| CNO Financial Group Inc (CNO) | $3.37 Billion | -9.34% | 8.33x | $4.11 Billion |
| F&G Annuities & Life Inc. (FG) | $1.82 Billion | 34.97% | 29.33x | $3.39 Billion |
| Globe Life Inc (GL) | $3.46 Billion | 14.99% | 3.33x | $11.46 Billion |
| Genworth Financial Inc (GNW) | $102.22 Billion | 0.74% | 0.03x | $3.54 Billion |
About 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