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F&G Annuities & Life (F&G Annuities & Life) Net Margin % : -19.22% (As of Dec. 2023)


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What is F&G Annuities & Life Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. F&G Annuities & Life's Net Income for the three months ended in Dec. 2023 was $-299 Mil. F&G Annuities & Life's Revenue for the three months ended in Dec. 2023 was $1,556 Mil. Therefore, F&G Annuities & Life's net margin for the quarter that ended in Dec. 2023 was -19.22%.

The historical rank and industry rank for F&G Annuities & Life's Net Margin % or its related term are showing as below:

FG' s Net Margin % Range Over the Past 10 Years
Min: -1.35   Med: 25.34   Max: 36.68
Current: -1.35


FG's Net Margin % is ranked worse than
87.86% of 486 companies
in the Insurance industry
Industry Median: 7.57 vs FG: -1.35

F&G Annuities & Life Net Margin % Historical Data

The historical data trend for F&G Annuities & Life's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

F&G Annuities & Life Net Margin % Chart

F&G Annuities & Life Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
22.72 - 36.68 27.95 -1.35

F&G Annuities & Life Quarterly Data
Dec19 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -26.99 -23.78 11.35 38.88 -19.22

Competitive Comparison of F&G Annuities & Life's Net Margin %

For the Insurance - Life subindustry, F&G Annuities & Life's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


F&G Annuities & Life's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, F&G Annuities & Life's Net Margin % distribution charts can be found below:

* The bar in red indicates where F&G Annuities & Life's Net Margin % falls into.



F&G Annuities & Life Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

F&G Annuities & Life's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-58/4308
=-1.35 %

F&G Annuities & Life's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-299/1556
=-19.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


F&G Annuities & Life  (NYSE:FG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


F&G Annuities & Life Net Margin % Related Terms

Thank you for viewing the detailed overview of F&G Annuities & Life's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


F&G Annuities & Life (F&G Annuities & Life) Business Description

Traded in Other Exchanges
N/A
Address
801 Grand Avenue, Suite 2600, Des Moines, IA, USA, 50309
F&G Annuities & Life Inc is a provider of insurance solutions serving retail annuity and life customers as well as institutional clients. Through its insurance subsidiaries, including FGL Insurance and Fidelity & Guaranty Life Insurance Company of New York it markets a broad portfolio of deferred annuities (fixed indexed annuities (FIAs) and multi-year guarantee annuities (MYGAs) or other fixed rate annuities), immediate annuities, indexed universal life (IUL) insurance, funding agreements (through funding agreement-backed notes (FABN) issuances and the Federal Home Loan Bank of Atlanta (FHLB)) and pension risk transfer (PRT) solutions.
Executives
Christopher O Blunt officer: President & CEO 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Doka Celina J. Wang director 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Douglas K Ammerman director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Douglas Martinez director 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Currier John David Jr. officer: President, Retail Markets 601 LOCUST STREET, 14TH FLOOR, DES MOINES IA 50309
Scott D. Cochran officer: President, Inst. & New Markets 1370 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Young Wendy J.b. officer: CFO TWO RUAN CENTER, 601 LOCUST STREET, 14TH FLOOR, DES MOINES IA 50309
Leena Punjabi officer: Chief Investment Officer 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
David Edward Martin officer: CRO 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
Foley William P Ii director, officer: Exec Chairman of the Board FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Fidelity National Financial, Inc. 10 percent owner 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
John D Rood director 3020 HARTLEY ROAD SUITE 300, JACKSONVILLE FL 32257
Raymond R Quirk director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Michael Joseph Nolan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204