Jackson Financial (FRA:8WF) Selling, General, & Admin. Expense: €952 Mil (TTM As of Mar. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:8WF Jackson Financial Inc FRA:8WF
74 GF Score
Price €103.40
GF Value €138.14
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Jackson Financial Selling, General, & Admin. Expense?

Jackson Financial FRA:8WF -1.52% 74 Selling, General, & Admin. Expense is €952 Mil as of Mar. 2026. GuruFocus rates FRA:8WF with a GF Score™ of 74/100 and a GF Value™ of €138.14 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Jackson Financial's selling, general, & admin. expense for the three months ended in Mar. 2026 was €259 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €952 Mil.


Jackson Financial  (FRA:8WF) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Jackson Financial Selling, General, & Admin. Expense Related Terms


Jackson Financial Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Jackson Financial's Selling, General, & Admin. Expense 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.

Jackson Financial Selling, General, & Admin. Expense Chart

Jackson Financial Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 954.03 826.00 923.42 1,069.60 911.22

Jackson Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 Premium Member Only 239.58 237.56 224.93 230.58 258.64

FRA:8WF vs LNC, PRI, CNO: Selling, General, & Admin. Expense Comparison

For the Insurance - Life subindustry, Jackson Financial's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Jackson Financial Selling, General, & Admin. Expense vs Insurance Industry

For the Insurance industry and Financial Services sector, Jackson Financial's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Jackson Financial's Selling, General, & Admin. Expense falls into.


FRA:8WF
74GF Score
Jackson Financial Inc FRA:8WF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Jackson Financial Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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 €952 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.

What does a Selling, General, & Admin. Expense of €952 Mil mean?
Jackson Financial (FRA:8WF) has a Selling, General, & Admin. Expense of €952 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Jackson Financial and its competitors.
Is Jackson Financial's Selling, General, & Admin. Expense too high?
Jackson Financial's current Selling, General, & Admin. Expense is €952 Mil. Overall, Jackson 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 Jackson Financial's Selling, General, & Admin. Expense compare to LNC and PRI?
Jackson Financial's Selling, General, & Admin. Expense of €952 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 Selling, General, & Admin. Expense for an Insurance company?
A good Selling, General, & Admin. Expense depends on the Insurance industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Jackson Financial and its competitors. Jackson Financial's current Selling, General, & Admin. Expense is €952 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jackson Financial stock overvalued right now?
Based on GuruFocus' analysis, Jackson Financial (FRA:8WF) is currently considered Modestly Undervalued. The stock's GF Value™ is €138.14, compared to a current price of €103.40 — trading 25.1% below its estimated fair value. The current Selling, General, & Admin. Expense is €952 Mil. Jackson Financial's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Jackson Financial (FRA:8WF), the current Selling, General, & Admin. Expense is €952 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 Jackson Financial (FRA:8WF) Overvalued in 2026?

Based on GuruFocus' analysis, Jackson Financial stock appears to be undervalued. The current stock price of €103.40 is trading 25.1% below its estimated GF Value™ of €138.14. GuruFocus considers Jackson Financial to be Modestly Undervalued.

Key valuation signals for FRA:8WF:

  • Selling, General, & Admin. Expense: €952 Mil
  • GF Value™: €138.14 vs. price of €103.40 (25.1% below fair value)
  • GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the FRA:8WF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jackson Financial Business Description

Other Exchanges JXN:USA0JKF:UK
Address 1 Corporate Way, Lansing, MI, USA, 48951
Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings are comprised of annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. The company manages its business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments. The company generates the majority of its revenue from the Retail Annuities segment, which offers a variety of retirement income and savings products of variable annuities, registered index-linked annuities ("RILA"), fixed index annuities, fixed annuities, and payout annuities.
74GF Score

Get the complete analysis for FRA:8WF

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€103.40
Price
€138.14
GF Value