F&G Annuities & Life (FG) Gross Margin (2022 - 2026)
F&G Annuities & Life's (FG) quarterly Gross Margin came in at 97.11% in Q2 2026, up 19.0% year-over-year from 81.61% in Q2 2025, and little changed quarter-over-quarter from 97.22% in Q1 2026.
Analysis
F&G Annuities & Life (FG) Gross Margin (2022 - 2026) Analysis & Trends
F&G Annuities & Life has disclosed Gross Margin across 5 years of filings, most recently posting 97.11% for Q2 2026.
- In Q2 2026, Gross Margin rose 19.0% year-over-year to 97.11%; the TTM figure through Jun 2026 stood at 97.58% (up 103.0% YoY), while the FY2025 annual figure was 97.28%, up 81.0% from the prior year.
- Gross Margin came in at 97.11% for Q2 2026 at F&G Annuities & Life, roughly flat from 97.22% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 98.02% in Q4 2025 to a low of 55.71% in Q2 2022.
- Average Gross Margin over 5 years is 94.48%, with a median of 96.89% recorded in 2022.
- The largest YoY upside for Gross Margin was 4146 bps in 2023 against a maximum downside of 174 bps in 2023.
- Over 5 years, Gross Margin stood at 96.01% in 2022, then gained by 2 bps to 97.58% in 2023, then retreated by 1 bps to 96.54% in 2024, then gained by 2 bps to 98.02% in 2025, then fell by 1 bps to 97.11% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 97.11% in Q2 2026, 97.22% in Q1 2026, and 98.02% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Metlife | 62.16 Bn | 34.84 Bn | 7.82 Bn | 40.82% |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | - |
| 3 | Equitable Holdings | 14.62 Bn | -4.31 Bn | 1.22 Bn | 73.76% |
| 4 | Jackson Financial | 9.71 Bn | 3.72 Bn | - | - |
| 5 | Corebridge Financial | 9.48 Bn | -296.14 Bn | 2.79 Bn | 71.38% |
| 6 | Primerica | 9.02 Bn | 8.38 Bn | 717.74 Mn | 82.97% |
| 7 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | - |
| 8 | Brookfield Wealth Solutions | 8.52 Bn | -4.26 Bn | 1.92 Bn | 45.41% |
| 9 | Lincoln National | 8.41 Bn | -3.27 Bn | 2.62 Bn | 57.73% |
| 10 | F&G Annuities & Life | 3.07 Bn | 417.40 Mn | 1.38 Bn | 97.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.11% |
| Mar 31, 2026 | 97.22% |
| Dec 31, 2025 | 98.02% |
| Sep 30, 2025 | 97.76% |
| Jun 30, 2025 | 96.92% |
| Mar 31, 2025 | 95.48% |
| Dec 31, 2024 | 96.54% |
| Sep 30, 2024 | 96.88% |
| Jun 30, 2024 | 96.08% |
| Mar 31, 2024 | 96.30% |
| Dec 31, 2023 | 97.58% |
| Sep 30, 2023 | 95.53% |
| Jun 30, 2023 | 97.17% |
| Mar 31, 2023 | 95.86% |
| Dec 31, 2022 | 96.01% |
| Sep 30, 2022 | 96.90% |
| Jun 30, 2022 | 55.71% |
| Mar 31, 2022 | 97.60% |