| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Policy charges and fee income | $2.17B-13.1% | $2.50B+4.8% | $2.38B-3.0% | $2.45B-11.3% | $2.77B-25.9% | $3.73B-1.1% | $3.78B-1.5% | $3.83B |
| Premiums | $1.05B-10.8% | $1.17B+7.0% | $1.09B+10.2% | $994.0M+3.5% | $960.0M-3.7% | $997.0M-13.1% | $1.15B+4.8% | $1.09B |
| Net derivative gains (losses) | -$2.06B+19.4% | -$2.55B-6.4% | -$2.40B-364.3% | $907.0M+112.7% | -$7.15B-315.2% | -$1.72B+57.1% | -$4.01B-1504.8% | -$250.0M |
| Net investment income (loss) | $5.23B+7.2% | $4.88B+14.3% | $4.27B+28.8% | $3.31B-13.8% | $3.85B+10.6% | $3.48B-6.0% | $3.70B+37.4% | $2.69B |
| Credit and intent to sell losses on available-for-sale debt securities and loans | -$68.0M+17.1% | -$82.0M+62.7% | -$220.0M+29.9% | -$314.0M-15800.0% | $2.0M+103.4% | -$58.0M | — | — |
| Other investment gains (losses), net | -$1.27B-2392.2% | -$51.0M+89.7% | -$493.0M+21.9% | -$631.0M-172.9% | $866.0M+8.0% | $802.0M+998.6% | $73.0M+265.9% | -$44.0M |
| Total investment gains (losses), net | -$1.34B-906.8% | -$133.0M+81.3% | -$713.0M+24.6% | -$945.0M-208.9% | $868.0M+16.7% | $744.0M+919.2% | $73.0M+184.9% | -$86.0M |
| Investment management and service fees | $5.26B+0.0% | $5.26B+9.2% | $4.82B-1.5% | $4.89B-9.3% | $5.39B+17.1% | $4.61B+5.2% | $4.38B+2.6% | $4.27B |
| Other income | $1.35B+3.9% | $1.30B+29.2% | $1.00B-2.2% | $1.03B+11.0% | $926.0M+60.8% | $576.0M+4.0% | $554.0M+7.4% | $516.0M |
| Total revenues | $11.66B-6.1% | $12.43B+18.8% | $10.46B-17.3% | $12.64B+66.1% | $7.61B-38.7% | $12.41B+29.1% | $9.62B-20.3% | $12.07B |
| Policyholders’ benefits | $2.40B-11.2% | $2.70B-2.1% | $2.75B+1.4% | $2.72B-2.6% | $2.79B-47.7% | $5.33B+21.5% | $4.38B+53.5% | $2.86B |
| Remeasurement of liability for future policy benefits | $38.0M+733.3% | -$6.0M-107.0% | $86.0M+30.3% | $66.0M+407.7% | $13.0M | — | — | — |
| Change in market risk benefits and purchased market risk benefits | -$417.0M+78.5% | -$1.94B-6.9% | -$1.81B-41.8% | -$1.28B+78.5% | -$5.94B | — | — | — |
| Interest credited to policyholders’ account balances | $3.02B+21.0% | $2.49B+22.1% | $2.04B+44.8% | $1.41B+15.7% | $1.22B-0.2% | $1.22B-3.2% | $1.26B+18.4% | $1.07B |
| Compensation and benefits | $2.43B-0.7% | $2.45B+5.5% | $2.32B+5.5% | $2.20B-6.9% | $2.36B+12.7% | $2.10B+0.7% | $2.08B+0.1% | $2.08B |
| Commissions and distribution-related payments | $2.09B+10.4% | $1.90B+19.2% | $1.59B+1.5% | $1.57B-5.7% | $1.66B+23.0% | $1.35B+8.8% | $1.24B+6.6% | $1.17B |
| Interest expense | $224.0M-0.9% | $226.0M-0.9% | $228.0M+13.4% | $201.0M-17.6% | $244.0M+22.0% | $200.0M-9.5% | $221.0M-4.3% | $231.0M |
| Amortization of deferred policy acquisition costs | $789.0M+11.0% | $711.0M+10.9% | $641.0M+9.4% | $586.0M+6.2% | $552.0M-65.8% | $1.61B+170.2% | $597.0M+60.9% | $371.0M |
| Other operating costs and expenses | $2.29B+25.5% | $1.82B-4.0% | $1.90B-13.1% | $2.19B+3.7% | $2.11B+23.9% | $1.70B-10.1% | $1.89B+4.4% | $1.81B |
| Total benefits and other deductions | $12.86B+24.2% | $10.35B+6.2% | $9.75B+1.0% | $9.65B+92.8% | $5.00B-62.9% | $13.51B+15.7% | $11.68B+21.9% | $9.58B |
| Income (loss) from continuing operations, before income taxes | -$1.19B-157.5% | $2.08B+190.8% | $714.0M-76.1% | $2.99B+14.7% | $2.61B+338.7% | -$1.09B+46.9% | -$2.06B-182.7% | $2.49B |
| Income tax (expense) benefit | $156.0M+155.7% | -$280.0M-130.8% | $910.0M+252.2% | -$598.0M-36.2% | -$439.0M-159.0% | $744.0M+25.5% | $593.0M+297.0% | -$301.0M |
| Net income (loss) | -$1.04B-157.7% | $1.80B+10.6% | $1.62B-32.2% | $2.39B+10.3% | $2.17B+721.8% | -$349.0M+76.2% | -$1.47B-167.0% | $2.19B |
| Less: Net income (loss) attributable to the noncontrolling interest | $343.0M-33.5% | $516.0M+51.3% | $341.0M+41.5% | $241.0M-41.9% | $415.0M+38.8% | $299.0M+0.7% | $297.0M-11.1% | $334.0M |
| Net income (loss) attributable to Holdings | -$1.38B-207.8% | $1.28B-0.2% | $1.28B-40.4% | $2.15B+22.7% | $1.75B+370.8% | -$648.0M+63.3% | -$1.76B-195.1% | $1.85B |
| Less: Preferred stock dividends | $61.0M-23.8% | $80.0M+0.0% | $80.0M+0.0% | $80.0M+1.3% | $79.0M+49.1% | $53.0M | $0 | $0 |
| Net income (loss) available to Holdings’ common shareholders, basic | -$1.44B-220.1% | $1.20B-0.2% | $1.20B-42.0% | $2.07B+23.7% | $1.68B+339.1% | -$701.0M+60.3% | -$1.76B-195.1% | $1.85B |
| Net income (loss) available to Holdings’ common shareholders, diluted | -$1.44B-220.1% | $1.20B-0.2% | $1.20B-42.0% | $2.07B+23.7% | $1.68B+339.1% | -$701.0M+60.3% | -$1.76B | — |
| Basic (in dollars per share) | -$4830000.00-229.1% | $3740000.00+8.7% | $3440000.00-37.3% | $5490000.00+36.6% | $4020000.00+357.7% | -$1560000.00+56.3% | -$3570000.00-207.2% | $3330000.00 |
| Diluted (in dollars per share) | -$4830000.00-230.9% | $3690000.00+7.9% | $3420000.00-37.4% | $5460000.00+37.2% | $3980000.00+355.1% | -$1560000.00+56.3% | -$3570000.00-207.2% | $3330000.00 |
| Basic (in shares) | 298.1M-7.2% | 321.2M-8.3% | 350.1M-7.3% | 377.6M-9.5% | 417.4M-7.3% | 450.4M-8.8% | 493.6M-11.3% | 556.4M |
| Diluted (in shares) | 298.1M-8.2% | 324.8M-7.6% | 351.6M-7.4% | 379.9M-9.8% | 421.2M-6.5% | 450.4M-8.8% | 493.6M-11.3% | 556.5M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.