F&G Annuities & Life, Inc. balance sheet
At the end of fiscal 2025, F&G Annuities & Life, Inc. had total assets of $98.43bn, total liabilities of $93.51bn and shareholders' equity of $4.80bn. It held $1.49bn in cash against $2.27bn of debt: net debt of $784m.
Balance sheet
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|
| Cash and equivalents | 1.5 | 1.0 | 1.6 | 2.3 | 1.5 | 2.1 |
| Goodwill | 1.8 | 1.7 | 1.7 | 2.2 | 2.2 | 2.1 |
| Total assets | 48.7 | 54.6 | 70.2 | 84.9 | 98.4 | 103.6 |
| Long-term debt | 1.0 | 1.1 | 1.8 | 2.2 | 2.2 | 2.2 |
| Total debt | 1.0 | 1.1 | 1.8 | 2.2 | 2.3 | 2.2 |
| Total liabilities | 44.2 | 52.2 | 67.1 | 80.9 | 93.5 | 98.9 |
| Shareholders' equity | 5.0 | 2.4 | 3.1 | 4.0 | 4.8 | 4.6 |
| Net debt (negative = net cash) | −0.6 | 0.2 | 0.2 | −0.1 | 0.8 | 0.1 |
| Shares outstanding | 105m | 126m | 126m | 127m | 136m | 131m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.1 | 2.1 |
| Total assets | 84.1 | 84.9 | 88.0 | 91.8 | 96.1 | 98.4 | 101.0 | 103.6 |
| Long-term debt | 2.0 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 |
| Total debt | 2.0 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 |
| Total liabilities | 79.6 | 80.9 | 83.5 | 87.3 | 91.2 | 93.5 | 96.3 | 98.9 |
| Shareholders' equity | 4.3 | 4.0 | 4.4 | 4.4 | 4.8 | 4.8 | 4.6 | 4.6 |
| Shares outstanding | 126m | 127m | 135m | 135m | 135m | 136m | 134m | 131m |
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