earnings
confidence high
sentiment positive
materiality 0.80
Jackson Financial Q4 net income $334M ($4.45/diluted), adjusted op earnings $349M; annuity sales up 42%
Jackson Financial Inc.
2024-FY EPS reported
$11.74
revenue$3,271,000,000
- Q4 2024 net income $334M ($4.45/diluted) vs $(1.6)B loss in Q4 2023; adjusted operating earnings $349M ($4.65/diluted) vs $204M.
- Retail annuity sales $4.7B in Q4 (+42% YoY); full year sales $17.8B (+39%), led by RILA sales up 96%.
- Total annuity AUM rose 7% YoY to $252B as of Dec 31, 2024, supported by equity market gains.
- Returned $148M to common shareholders in Q4 via $96M in buybacks and $52M in dividends.
- JNLIC total adjusted capital $5.1B with estimated RBC ratio of 572% at year-end 2024.