Brighthouse Financial (BHF) Operating Margin (2016 - 2026)
Brighthouse Financial (BHF) reported Operating Margin of 33.54% for Q2 2026, up 104.49 percentage points from -70.95% a year earlier and up 139.83 percentage points from the prior quarter.
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Analysis
Brighthouse Financial (BHF) Operating Margin (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Brighthouse Financial's Operating Margin came in at -19.43%, up 0.36 percentage points year-over-year; for FY2025, it came in at -19.67%, up 19.96 percentage points from FY2024.
- Operating Margin has a five-year change of +64.18 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at -39.63% in FY2024 (+61.17 pp), -100.80% in FY2023 (-137.74 pp), 36.94% in FY2022 (+51.75 pp) and -14.81% in FY2021 (+69.04 pp).
- The Q2 2026 figure ranks as the highest quarterly Operating Margin since Q2 2022.
- Year over year, Operating Margin gained in four of the last seven quarters, with an average year-over-year change of +114.77 percentage points.
- The high point for year-over-year Operating Margin in five years was Q3 2021 (a gain of 2205.01 percentage points); the low point was Q1 2024 (a drop of 615.44 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -106.29% (Q1 2026), -32.39% (Q4 2025) and 18.34% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | -29.67% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | -19.39% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | -43.89% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 25.65% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | -25.96% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | -53.77% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | - |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | -30.76% |
| 10 | Brighthouse Financial | 2.99 Bn | -25.12 Bn | 1.03 Bn | 33.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.54% |
| Mar 31, 2026 | -106.29% |
| Dec 31, 2025 | -32.39% |
| Sep 30, 2025 | 18.34% |
| Jun 30, 2025 | -70.95% |
| Mar 31, 2025 | -41.97% |
| Dec 31, 2024 | 14.27% |
| Sep 30, 2024 | 8.23% |
| Jun 30, 2024 | -44.01% |
| Mar 31, 2024 | -719.80% |
| Dec 31, 2023 | -134.57% |
| Jun 30, 2023 | -352.85% |
| Mar 31, 2023 | -104.36% |
| Dec 31, 2022 | 21.26% |
| Sep 30, 2022 | -1.96% |
| Jun 30, 2022 | 37.77% |
| Mar 31, 2022 | 65.97% |
| Sep 30, 2021 | -24.76% |
| Jun 30, 2021 | -43.62% |
| Mar 31, 2021 | -162.47% |
API Access
Brighthouse Financial Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=BHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BHF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=BHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();