F&G Annuities & Life (FG) Operating Margin (2022 - 2026)
F&G Annuities & Life (FG) recorded Operating Margin of -87.47% in Q2 2026, down 18.85 percentage points from -68.62% a year earlier and down 73.91 percentage points from the prior quarter.
F&G Annuities & Life (FG) Operating Margin (2022 - 2026) Analysis & Trends
On a TTM basis, F&G Annuities & Life's Operating Margin came in at -58.65% as of Jun 30, 2026, up 0.62 percentage points year-over-year; for FY2025, it was -63.51%, down 11.06 percentage points from FY2024.
- Annual Operating Margin has a four-year change of -53.95 percentage points (FY2021 to FY2025).
- Across earlier years, Operating Margin came in at -52.45% in FY2024 (+27.28 pp), -79.73% in FY2023 (-65.56 pp), -14.18% in FY2022 (-4.61 pp) and -9.56% in FY2021.
- The Q2 2026 figure is the lowest quarterly Operating Margin since Q4 2023.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of -2.03 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 91.47 percentage points in Q4 2024, against a drop of 205.99 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -13.56% (Q1 2026), -62.55% (Q4 2025) and -61.98% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | -29.67% |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | -19.39% |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | -43.89% |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 25.65% |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | -25.96% |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | -53.77% |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 21.55% |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | - |
| 10 | F&G Annuities & Life | 2.84 Bn | -7.67 Bn | 272.00 Mn | -87.47% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -87.47% |
| Mar 31, 2026 | -13.56% |
| Dec 31, 2025 | -62.55% |
| Sep 30, 2025 | -61.98% |
| Jun 30, 2025 | -68.62% |
| Mar 31, 2025 | -60.57% |
| Dec 31, 2024 | -33.03% |
| Sep 30, 2024 | -77.91% |
| Jun 30, 2024 | -30.20% |
| Mar 31, 2024 | -64.95% |
| Dec 31, 2023 | -124.50% |
| Sep 30, 2023 | 10.34% |
| Jun 30, 2023 | -55.99% |
| Mar 31, 2023 | -116.80% |
| Dec 31, 2022 | -159.81% |
| Sep 30, 2022 | -36.81% |
| Jun 30, 2022 | 150.00% |
F&G Annuities & Life 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=FG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "FG", "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=FG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();