Jackson Financial Inc. (JXN) Key Metrics

NYSE: JXNValuation, returns, debt and efficiency ratios over 10 years.

JXN valuation today

Trailing 12 months · as of October 17, 2026
Market cap
$8.84B
Enterprise value
$9.05B
P/E (TTM)
143.5
10-yr median 4.6
Forward P/E
—
PEG ratio
—
Price / sales
1.4
10-yr median 1.1
Price / book
0.9
10-yr median 0.4
EV / EBITDA
—
Dividend yield
2.76%
$3.60 a year
Beta
1.32

JXN key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

JXN valuation Price multiples at each fiscal year-end price.

P/E ratio+3,952.3%
277.6
2025 · hover or tap a bar for each year
2021: 1.12022: 0.5 (−54.1%)2023: 4.6 (+818.5%)2024: 6.9 (+49.5%)2025: 277.6 (+3,952.3%)
20162025
Price / sales−46.5%
1.1
2025 · hover or tap a bar for each year
2021: 0.72022: 0.3 (−52.9%)2023: 1.4 (+325.9%)2024: 2.1 (+55.0%)2025: 1.1 (−46.5%)
20162025
Price / book+13.5%
0.8
2025 · hover or tap a bar for each year
2021: 0.02022: 0.3 (+3,287.3%)2023: 0.4 (+24.8%)2024: 0.7 (+57.7%)2025: 0.8 (+13.5%)
20162025
Price / free cash flow+16.4%
1.3
2025 · hover or tap a bar for each year
2021: 0.62022: 0.6 (−8.2%)2023: 0.8 (+36.0%)2024: 1.1 (+38.8%)2025: 1.3 (+16.4%)
20162025
Free cash flow yield−12.6 pts
76.8%
2025 · hover or tap a bar for each year
2021: 154.8%2022: 168.7% (+13.9 pts)2023: 124.1% (−44.6 pts)2024: 89.4% (−34.7 pts)2025: 76.8% (−12.6 pts)
20162025

JXN valuation history

Fiscal year-endToday10-year median

JXN returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

JXN debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

JXN cash returned to shareholders

DividendsBuybacksFree cash flow

JXN price vs earnings per share

Share price at year-endEPS (right axis)

JXN key metrics

2016–2025
Jackson Financial Inc. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$7.50B$6.48B$4.28B$3.09B$3.71B—————
Enterprise value−$41.37B$4.75B−$35.26B−$16.04B−$16.23B—————
P/E ratio277.66.94.60.51.1—————
Price / sales1.12.11.40.30.7—————
Price / book0.80.70.40.30.0—————
Price / free cash flow1.31.10.80.60.6—————
Price / operating cash flow1.31.10.80.60.6—————
EV / sales-6.21.5-11.1-1.6-2.9—————
EV / EBITDA—4.2————————
EV / free cash flow—0.8————————
Earnings yield0.4%14.6%21.8%200.5%92.1%—————
Free cash flow yield76.8%89.4%124.1%168.7%154.8%—————
Dividend yield3.6%3.9%5.5%6.0%1.3%—————
Shareholder yield (dividends + buybacks)12.5%10.8%12.7%16.4%7.0%—————
Share price at fiscal year-end$106.65$87.08$51.20$34.79$41.83—————
Per share
Revenue per share$95.09$41.55$37.87$109.59$62.05$49.15$36.93$144.90$65.59$52.28
Earnings per share$0.38$12.71$11.18$69.75$38.53−$17.30−$5.26$21.02$5.24$8.45
Operating cash flow per share$81.93$77.84$63.53$58.70$64.76$39.30$46.24$61.63$56.22—
Free cash flow per share$81.93$77.84$63.53$58.70$64.76$39.30$46.24$61.63$56.22—
Cash per share$760.86$50.62$521.29$527.53$610.81$646.74$624.84$42.01$24.42$15.47
Book value per share$141.62$131.20$121.68$103.22$4,204.00$105.04$72.37$79.10$77.36$73.75
Tangible book value per share−$24.29−$28.53−$3,161.36−$48.11$4,043.34−$42.08−$59.61−$33.72$77.36$73.75
Dividends per share$3.80$3.43$2.82$2.10$0.56$0.53$30.43$4.76$6.35—
Capex per share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00—
Debt per share$65.57$27.33$48.16$311.94$385.96$3.52$28.50$3.51$3.57$3.62
Shares outstanding70.3M74.4M83.6M88.7M88.7M94.5M94.5M94.5M94.5M94.5M
Change in shares outstanding−5.6%−11.0%−5.8%+0.0%−6.1%0.0%0.0%0.0%+0.0%—
Returns & profitability
Return on equity (ROE)0.3%9.5%9.7%3.2%1.8%−19.5%−6.9%26.9%6.9%11.5%
Return on invested capital (ROIC)————2.4%——44.8%31.5%10.4%
Return on assets (ROA)0.0%0.3%0.3%1.8%0.9%−0.5%−0.2%0.8%0.2%0.3%
Return on tangible assets0.0%0.3%1.7%2.1%0.9%−0.5%−0.2%0.8%0.2%0.3%
Free cash flow margin86.2%187.4%167.8%53.6%104.4%79.9%125.2%42.5%85.7%—
Income quality (OCF / net income)213.266.125.690.841.68——2.9310.72—
Financial health
Total debt$4.61B$2.03B$4.03B$27.67B$34.23B$332.3M$2.69B$331.9M$336.9M$341.9M
Cash & short-term investments$53.47B$3.77B$43.57B$46.79B$54.17B$61.09B$59.03B$3.97B$2.31B$1.46B
Net debt−$48.87B−$1.73B−$39.54B−$19.12B−$19.94B−$60.76B−$56.33B−$3.64B−$1.97B−$1.12B
Debt / equity0.460.210.403.020.090.030.390.040.050.05
Debt / assets0.010.010.010.090.090.000.010.000.000.00
Net debt / EBITDA—−1.54−37.06−2.44−4.54——−1.46−0.29—
Current ratio4.520.233.173.273.011.806.1732.77——
Quick ratio4.520.236.303.593.121.886.4032.77——
Interest coverage-1.110.15.268.4117.4-28.3-8.227.8——
Working capital$57.43B−$12.97B$47.69B$53.09B$58.29B$42.89B$56.47B$3.85B——
Invested capital−$38.91B$8.03B−$29.37B−$9.97B$352.89B−$50.84B−$49.50B$3.84B$5.34B$5.85B
Tangible asset value−$1.32B−$1.89B−$264.05B−$4.27B$358.59B−$3.97B−$5.15B−$2.79B$7.31B$6.97B
Net current asset value−$268.50B−$324.70B−$250.27B−$225.47B$84.65B−$247.17B−$222.34B−$247.50B——
Graham number$34.99$193.71$174.92$402.48$1,909.06——$193.42$95.53$118.40
Graham net-net per share−$3,892.59−$4,141.77−$3,483.38−$2,666.86$843.41−$2,732.81−$2,389.22−$2,620.06−$2,714.06−$2,428.93
Capital allocation
Dividends paid$267.0M$255.0M$236.0M$186.0M$50.0M$50.0M$2.88B$450.0M$600.0M—
Share buybacks (net)$669.0M$442.0M$306.0M$321.0M$211.0M$0$2.00B———
Dividend payout ratio988.9%27.0%25.3%3.0%1.5%——22.7%121.1%—
Dividends + buybacks / free cash flow16.3%12.0%10.2%9.7%4.5%1.3%111.6%7.7%11.3%—
Capex / revenue0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%—
Capex / operating cash flow0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%—
Capex / depreciation——0.00—0.000.000.000.00——
Stock-based compensation / revenue2.0%6.2%3.4%1.3%2.3%1.2%2.3%0.3%1.7%—
SG&A / revenue18.3%36.2%31.8%9.0%19.6%21.5%28.5%7.7%83.8%31.7%
Efficiency
Days sales outstanding1,153.02,835.13,213.21,178.52,268.21,715.4875.9———
Days of inventory on hand——-19,860.9-2,340.6-2,666.0-214.3-288.8———
Days payables outstanding5,958.48,704.9—11,679.121,778.01,148.2544.3170.8——
Cash conversion cycle (days)-4,805.4-5,869.8—-12,841.2-22,175.8352.942.8———
Receivables turnover0.320.130.110.310.160.210.42———
Payables turnover0.060.04—0.030.020.320.672.14——
Asset turnover0.020.010.010.030.020.010.010.050.020.02
Average receivables$21.11B$24.02B$27.86B$31.38B$34.20B$21.82B$8.37B———
Average payables$15.85B$16.74B—$25.98B$30.49B$18.38B$4.77B$4.75B——
Average inventory——−$37.98B−$5.21B−$3.73B−$3.43B−$2.53B———
Intangibles / total assets3.3%3.5%83.1%4.3%3.8%3.9%4.2%4.1%0.0%0.0%

Computed from JXN's annual financial statements (latest annual report filed February 24, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

JXN valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Jackson Financial traded at 277.6 times earnings, against a 10-year median of 4.6. Based on the latest twelve months, the trailing P/E is 143.5. Jackson Financial earned a return on equity of 0.3% in fiscal 2025. It ended the year with $4.6 billion of debt and $53.5 billion in cash and short-term investments, a net cash position of $48.9 billion. It returned $936.0 million to shareholders: $267.0 million in dividends and $669.0 million in share buybacks, 16% of free cash flow. The share count fell 25.6% from 94.5M to 70.3M over 9 years.

See the JXN income statement, the JXN chart for price history, or the JXN stock overview for the latest quote and news.

JXN key metrics FAQ

What is Jackson Financial's P/E ratio?

Jackson Financial's trailing P/E ratio is 143.5 based on the last twelve months of earnings (as of October 17, 2026). At the end of fiscal 2025 it was 277.6, compared with a 10-year median of 4.6.

What is Jackson Financial's return on equity?

Jackson Financial's return on equity (ROE) was 0.3% in fiscal 2025: net income of $27.0 million on average shareholders' equity of $9.9 billion.

How much debt does Jackson Financial have?

Jackson Financial had total debt of $4.6 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.46 and more cash than debt.

What is Jackson Financial's dividend yield?

Jackson Financial's forward dividend yield is 2.76%. Jackson Financial paid $267.0 million in dividends in fiscal 2025 ($3.80 per share), a payout ratio of 988.9%.

Does Jackson Financial buy back its shares?

Yes. Jackson Financial spent $669.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −5.6% over the year, to 70.3M..

What is Jackson Financial's free cash flow yield?

Jackson Financial generated $5.8 billion of free cash flow in fiscal 2025, a free cash flow yield of 76.8% on its market value at year-end ($7.5 billion).

What is Jackson Financial's current ratio?

Jackson Financial's current ratio was 4.52 at the end of fiscal 2025: current assets were 4.52 times current liabilities.

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