Brighthouse FinancialBHF -0.65%74 Piotroski F-Score is 3 as of Jun. 24, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates BHF with a GF Score™ of 74/100 and a GF Value™ of $78.89 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 484 Insurance companies, Brighthouse Financial ranks worse than 91.12% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Brighthouse Financial has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Brighthouse Financial's Piotroski F-Score or its related term are showing as below:
BHF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 6 Max: 8
Current: 3
During the past 12 years, the highest Piotroski F-Score of Brighthouse Financial was 8. The lowest was 1. And the median was 6.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Brighthouse Financial Piotroski F-Score Related Terms
Brighthouse Financial Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Brighthouse Financial's Piotroski F-Score 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.
For the Insurance - Life subindustry, Brighthouse Financial's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
Brighthouse Financial Piotroski F-Score vs Insurance Industry
For the Insurance industry and Financial Services sector, Brighthouse Financial's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Brighthouse Financial's Piotroski F-Score falls into.
* 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.
Revenue was 1329 + 1963 + 1077 + 2320 = $6,689 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(239688 + 237438 + 245156 + 238537 + 234681) / 5 = $239100 Mil. Total Assets at the begining of last year (Mar24) was $239,688 Mil. Long-Term Debt & Capital Lease Obligation was $3,155 Mil. Total Assets was $234,681 Mil. Total Liabilities was $229,377 Mil.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Brighthouse Financial's current Net Income (TTM) was -65.
==> Negative ==> Score 0.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Brighthouse Financial's return on assets of this year was -0.00027697. Brighthouse Financial's return on assets of last year was 0.00255749.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Brighthouse Financial's gearing of this year was 0.01313501. Brighthouse Financial's gearing of last year was 0.01319532.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.
Brighthouse Financial's current ratio of this year was 1.02434519. Brighthouse Financial's current ratio of last year was 1.0231235.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Brighthouse Financial's number of shares in issue this year was 57.331. Brighthouse Financial's number of shares in issue last year was 58.258.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.
Brighthouse Financial's net margin of this year was -0.01175194. Brighthouse Financial's net margin of last year was 0.091643.
==> Last year's net margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Brighthouse Financial's asset turnover of this year was 0.02356816. Brighthouse Financial's asset turnover of last year was 0.02790711.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Brighthouse Financial has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Brighthouse Financial (BHF) has a Piotroski F-Score of 3 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Brighthouse Financial and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, Brighthouse Financial's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Brighthouse Financial ranks #441 out of 484 companies in the Insurance industry, placing it in the top 91.1%.
Is Brighthouse Financial's Piotroski F-Score too high?
Brighthouse Financial's current Piotroski F-Score of 3 is 50% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Insurance industry median Piotroski F-Score is 6.00. Brighthouse Financial's value of 3 is 50% below this industry median. Based on the distribution chart, Brighthouse Financial ranks #441 out of 484 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Brighthouse Financial has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brighthouse Financial's Piotroski F-Score compare to FG and GNW?
According to the Insurance industry distribution chart, Brighthouse Financial ranks #441 out of 484 companies for Piotroski F-Score. This places Brighthouse Financial in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Brighthouse Financial's value of 3 is 50% below this benchmark. Historically, Brighthouse Financial's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Brighthouse Financial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Insurance company?
The median Piotroski F-Score among Insurance companies is 6.00, based on 484 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Brighthouse Financial's current Piotroski F-Score of 3 is 50% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Brighthouse Financial and its competitors. For the Insurance industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brighthouse Financial's current Piotroski F-Score is 3, which is 50% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brighthouse Financial stock overvalued right now?
Based on GuruFocus' analysis, Brighthouse Financial (BHF) is currently considered Modestly Undervalued. The stock's GF Value™ is $78.89, compared to a current price of $63.05 — trading 20.1% below its estimated fair value. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 50% below the Insurance industry median of 6.00. Brighthouse Financial's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Brighthouse Financial (BHF), the current Piotroski F-Score is 3 as of Jun. 24, 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 Brighthouse Financial (BHF) Overvalued in 2026?
Based on GuruFocus' analysis, Brighthouse Financial stock appears to be undervalued.
The current stock price of $63.05 is trading 20.1% below its estimated GF Value™ of $78.89.
GuruFocus considers Brighthouse Financial to be Modestly Undervalued.
Key valuation signals for BHF:
Piotroski F-Score: 3 (50% below median its 10-year median of 6.00)
GF Value™: $78.89 vs. price of $63.05 (20.1% below fair value)
Industry Position: 50% below the Insurance median (#441 of 484)
No single metric tells the full story. See the BHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brighthouse Financial Inc is a United States-based provider of annuity products and life insurance through independent distribution channels and marketing arrangements with distribution partners. Its segments are: Annuities, that derives majority of the revenue, includes variable, fixed, index-linked, and income annuities; The life segment includes variable, term, universal, and whole life policies; The Run-off segment consists of products that are no longer actively sold and are separately managed, including ULSG, structured settlements, pension risk transfer contracts, certain company-owned life insurance policies and certain funding agreements; and The Corporate & Other segment consists of activities related to funding agreements associated with the company.
74GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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