JXN (Jackson Financial) Scaled Net Operating Assets: -0.11 (As of Mar. 2026)


JXN Jackson Financial Inc JXN
71 GF Score
Price $104.47
GF Value $158.06
Valuation Possible Value Trap
! 5 Warning Signs
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What is Jackson Financial Scaled Net Operating Assets?

Jackson Financial JXN -0.06% 71 Scaled Net Operating Assets is -0.11 as of Mar. 2026. GuruFocus rates JXN with a GF Score™ of 71/100 and a GF Value™ of $158.06 (Possible Value Trap). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Jackson Financial's operating assets for the quarter that ended in Mar. 2026 was $285,401 Mil. Jackson Financial's operating liabilities for the quarter that ended in Mar. 2026 was $325,067 Mil. Jackson Financial's Total Assets for the quarter that ended in Dec. 2025 was $352,586 Mil. Therefore, Jackson Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.11.

JXN
71GF Score
Jackson Financial Inc JXN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Jackson Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Jackson Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(346882-337636)/338450
=0.03

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=352586 - 5704
=346882

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=342244 - 4608 - 0
=337636

Jackson Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(285401-325067)/352586
=-0.11

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=339537 - 54136
=285401

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=329637 - 4570 - 0
=325067

* 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 Scaled Net Operating Assets of -0.11 mean?
Jackson Financial (JXN) has a Scaled Net Operating Assets of -0.11 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Jackson Financial and its competitors.
Is Jackson Financial's Scaled Net Operating Assets too high?
Jackson Financial's current Scaled Net Operating Assets is -0.11. Overall, Jackson Financial has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jackson Financial's Scaled Net Operating Assets compare to LNC and PRI?
Jackson Financial's Scaled Net Operating Assets of -0.11 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 Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Jackson Financial and its competitors. Jackson Financial's current Scaled Net Operating Assets is -0.11. 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 (JXN) is currently considered Possible Value Trap. The stock's GF Value™ is $158.06, compared to a current price of $104.47 — trading 33.9% below its estimated fair value. The current Scaled Net Operating Assets is -0.11. Jackson Financial's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Jackson Financial (JXN), the current Scaled Net Operating Assets is -0.11 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 (JXN) Overvalued in 2026?

Based on GuruFocus' analysis, Jackson Financial stock appears to be undervalued. The current stock price of $104.47 is trading 33.9% below its estimated GF Value™ of $158.06. GuruFocus considers Jackson Financial to be Possible Value Trap.

Key valuation signals for JXN:

  • Scaled Net Operating Assets: -0.11
  • GF Value™: $158.06 vs. price of $104.47 (33.9% below fair value)
  • GF Score™: 71/100 with 5 warning signs

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

Jackson Financial Business Description

Other Exchanges 0JKF:UK8WF:Germany
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.
71GF Score

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

$104.47
Price
$158.06
GF Value