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F&G Annuities & Life, Inc. FG

NYSE · stock · Life Insurance · website · IPO 2022-11-21

F&G Annuities & Life, Inc. statistics & valuation

Market cap$3.6B
P / E13.5×
P / S0.6×
P / B0.7×
Net margin4.6%
Return on equity5.4%
Net debt$751.0M
Enterprise value USD$4.3B
Graham number +42.8%$39.16

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($39.16); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
31.20% 27.00% -1.30% 11.10% 4.60% 20212022202320242025
Gross margin (%)
20212022202320242025
Operating margin (%)
20212022202320242025
Return on equity (%)
24.60% 26.40% -1.90% 15.70% 5.40% 20212022202320242025
Shares outstanding
105.0M 126.4M 126.3M 131.0M 135.6M 20212022202320242025
Net debt ($)
-$556.0M $154.0M $191.0M -$93.0M $751.0M 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
2.50% 1.20% -0.10% 0.80% 0.30% 20212022202320242025
Free cash flow margin (%)
20212022202320242025
Debt / equity (×)
0.19× 0.46× 0.57× 0.53× 0.45× 20212022202320242025
EPS ($)
$11.81 $5.52 -$0.47 $4.88 $1.88 20212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Net margin4.6%11.1%-1.3%27.0%31.2%
Return on assets0.3%0.8%-0.1%1.2%2.5%
Return on equity5.4%15.7%-1.9%26.4%24.6%
Debt / equity0.45×0.53×0.57×0.46×0.19×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.