Jackson Financial Inc. (JXN.PA) stock analysis
Close on Nov 3, 2026Market cap $9.53BP/E –Yield –
StockData Score
Prices as of Nov 3, 2026How the score works
Weak2 of 30 checks passed
Jackson Financial passes 2 of the 30 checks behind our score; 17 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 1/6
- Past performance
- 0/6
- Financial health
- 0/6
- Dividend
- 1/6
What stands out
Growing faster than the industry
Revenue grew 15.1% over the last twelve months; the Life Insurance median is 8.0%.
Pays a dividend
Jackson Financial paid dividends worth 2.5% of the share price over the last twelve months.
What to watch
Return on equity under 15%
Return on equity was 1.0% over the last twelve months and averaged 23.8% over five years; we look for 15% on both.
Revenue growing under 10% a year
Revenue grew -12.1% a year over the last three fiscal years, short of the 10% we look for.
Not covered by earnings
Dividends take 227% of net income, leaving little room.
P/S above the industry
Jackson Financial's price-to-sales of 1.47 is above the Life Insurance median of 0.65.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
P/S above the industry
Jackson Financial's price-to-sales of 1.47 is above the Life Insurance median of 0.65.
P/B above the industry
Jackson Financial's price-to-book of 0.96 is above the Life Insurance median of 0.96.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth1/6
Revenue growing under 10% a year
Revenue grew -12.1% a year over the last three fiscal years, short of the 10% we look for.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 15.1% over the last twelve months; the Life Insurance median is 8.0%.
Guidance issued
The latest outlook (first quarter 2026 common dividend, Feb 18, 2026) was issued for the first time, so it neither adds nor takes away points.
Gross margin trend
Banks and insurers do not report gross profit.
Past performance0/6
Return on equity under 15%
Return on equity was 1.0% over the last twelve months and averaged 23.8% over five years; we look for 15% on both.
Return on assets under 1%
Return on assets was 0.0%; for a bank or insurer, 1% or more is considered good.
Return on equity below the industry
Jackson Financial's return on equity of 1.0% is below the Life Insurance median of 11.7%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin below its 5-year average
Net margin was 1.6% over the last twelve months, against a 5-year average of 35.2%.
Net margin below the industry
Jackson Financial's net margin of 1.6% is below the Life Insurance median of 6.5%.
Financial health0/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt coverage
Needs operating cash flow.
Interest coverage
Interest expense is not reported separately.
Short-term liquidity
Insurers do not split assets into current and non-current.
Bankruptcy risk (Altman Z)
The Altman model does not apply to insurers.
Dividend1/6
Pays a dividend
Jackson Financial paid dividends worth 2.5% of the share price over the last twelve months.
Yield below Treasuries
The 2.5% yield is below the 4.4% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 3.9% or more; Jackson Financial yields 2.5%.
Dividend stability
Fewer than five years of dividend history.
Not covered by earnings
Dividends take 227% of net income, leaving little room.
Cash-flow cover
Needs dividends paid and free cash flow.
Fair value
How we estimate itWe don't publish a fair value for Jackson Financial. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 2.0
- Life Insurance median 10.8
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $98.84M
- Value traded per 1% price move
- $66.91M
Downside
Low risk
- Typical loss in a bad month
- 10.2%
- Volatility (annualized)
- 32%
- Sharpe ratio, 1 year
- 1.10
- Beta to the S&P 500 (5Y)
- 1.41
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2018 to 2025
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +104.3% | -12.1% | +13.5% | – | |
| Net income | -97.1% | -83.7% | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 0.3% | |
| Return on assets | – | – | 0.0% | |
| Diluted shares | – | 68M | 71M |
Cash use needs five years of cash flow figures
Jackson Financial does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.4% | 0.02× | 35.05× | 0.3% |
| FY2024 | 28.9% | 0.01× | 33.55× | 9.5% |
| FY2023 | 30.3% | 0.01× | 34.29× | 9.9% |
| FY2022 | 62.8% | 0.03× | 36.27× | 65.0% |
| FY2021 | 53.7% | 0.02× | 36.88× | 34.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$27.00M
- Cash generatingOperating cash flow above zero$5.76B
- Return on assets improvedROA up on the prior year0.3% → 0.0%
- Earnings backed by cashOperating cash flow above net income$5.76B vs $27.00M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise77M → 71M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.01 → 0.02
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