FG (F&G Annuities & Life) EBIT: $837 Mil (TTM As of Mar. 2026)


FG F&G Annuities & Life Inc FG
58 GF Score
Price $26.44
GF Value $31.20
Valuation Modestly Undervalued
! 1 Warning Sign
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What is F&G Annuities & Life EBIT?

F&G Annuities & Life FG -5.03% 58 EBIT is $837 Mil as of Mar. 2026. GuruFocus rates FG with a GF Score™ of 58/100 and a GF Value™ of $31.20 (Modestly Undervalued). The stock has 1 warning sign investors should review.

F&G Annuities & Life's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $364 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $837 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. F&G Annuities & Life's annualized ROC % for the quarter that ended in Mar. 2026 was 1.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. F&G Annuities & Life's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.44%.


F&G Annuities & Life  (NYSE:FG) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

F&G Annuities & Life's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1456 * ( 1 - 22.91% )/( (95929.4 + 98646.35)/ 2 )
=1122.4304/97287.875
=1.15 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=98430 - 1098 - ( 1486 - 5% * 1668 )
=95929.4

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=101031 - 1115 - ( 1324 - 5% * 1087 )
=98646.35

Note: The EBIT data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

F&G Annuities & Life's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=837/4537.903
=18.44 %

* 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 EBIT Related Terms


F&G Annuities & Life EBIT Historical Data

* Premium members only.

The historical data trend for F&G Annuities & Life's EBIT 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.

F&G Annuities & Life EBIT Chart

F&G Annuities & Life Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 1,581.00 822.00 62.00 910.00 487.00

F&G Annuities & Life Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.00 98.00 173.00 202.00 364.00

FG vs BHF, GNW, CNO: EBIT Comparison

For the Insurance - Life subindustry, F&G Annuities & Life's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, F&G Annuities & Life's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where F&G Annuities & Life's EV-to-EBIT falls into.


FG
58GF Score
F&G Annuities & Life Inc FG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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F&G Annuities & Life EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $837 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $837 Mil mean?
F&G Annuities & Life (FG) has a EBIT of $837 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on F&G Annuities & Life.
Is F&G Annuities & Life's EBIT too high?
F&G Annuities & Life's current EBIT is $837 Mil. Overall, F&G Annuities & Life has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does F&G Annuities & Life's EBIT compare to BHF and GNW?
F&G Annuities & Life's EBIT of $837 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Insurance company?
A good EBIT depends on the Insurance industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on F&G Annuities & Life. F&G Annuities & Life's current EBIT is $837 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is F&G Annuities & Life stock overvalued right now?
Based on GuruFocus' analysis, F&G Annuities & Life (FG) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.20, compared to a current price of $26.44 — trading 15.3% below its estimated fair value. The current EBIT is $837 Mil. F&G Annuities & Life's overall GF Score™ is 58/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For F&G Annuities & Life (FG), the current EBIT is $837 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is F&G Annuities & Life (FG) Overvalued in 2026?

Based on GuruFocus' analysis, F&G Annuities & Life stock appears to be undervalued. The current stock price of $26.44 is trading 15.3% below its estimated GF Value™ of $31.20. GuruFocus considers F&G Annuities & Life to be Modestly Undervalued.

Key valuation signals for FG:

  • EBIT: $837 Mil
  • GF Value™: $31.20 vs. price of $26.44 (15.3% below fair value)
  • GF Score™: 58/100 with 1 warning sign

No single metric tells the full story. See the FG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


F&G Annuities & Life Business Description

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 issuances and the Federal Home Loan Bank of Atlanta (FHLB)), and pension risk transfer (PRT) solutions.
58GF Score

Get the complete analysis for FG

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.44
Price
$31.20
GF Value