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Brighthouse Financial vs F&G Annuities & Life

Brighthouse Financial is the larger business, with $6.77bn of revenue in fiscal 2025 against $5.73bn for F&G Annuities & Life (1.2 times as much). Brighthouse Financial grew faster (43.2% against -0.2%). Brighthouse Financial kept more of each dollar of sales as profit: a net margin of 6.4% against 4.6%. Brighthouse Financial carries less debt relative to equity (46.6% against 47.3%).

Latest fiscal yearBrighthouse FinancialBHF, 2025F&G Annuities & LifeFG, 2025
Revenue $6.77bn $5.73bn
Revenue growth 43.2% -0.2%
Net income $433m $265m
Operating margin — —
Net margin 6.4% 4.6%
Return on equity 7.4% 6.1%
Free cash flow — —
Cash $5.39bn $1.49bn
Total debt $3.15bn $2.27bn
Debt to equity 46.6% 47.3%
Dividend per share — $0.91
Dividend yield — 5.2%
Share buybacks $102m $10.0m
Employees 1,400 1,173
Market value $2.44bn $2.82bn
Price vs our value range — —
Moat score 20 (Weak) —
Insider trades, 12 months 0 buys, 0 sales 5 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.