← Brighthouse Financial, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.0b | $6.8b | $9.0b | $6.6b | $8.5b | $7.1b | $8.5b | $4.1b | $4.7b | $6.8b | |
| Revenues: | |||||||||||
| Operating Expenses | $2.3b | $2.5b | $2.6b | $2.5b | $2.4b | $2.5b | $2.1b | $2.0b | $1.9b | $2.0b | |
| Additional Financial Items | |||||||||||
| Other Income | $736.0m | $651.0m | $397.0m | $389.0m | $413.0m | $446.0m | $476.0m | $483.0m | $579.0m | $555.0m | |
| Realized Investment Gains (Losses) | ($78.0m) | ($28.0m) | ($207.0m) | $112.0m | $278.0m | ($59.0m) | ($248.0m) | ($246.0m) | ($295.0m) | ($97.0m) | |
| Amortization of Intangible Assets | $16.0m | $15.0m | $14.0m | $13.0m | — | — | — | — | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | ($34.0m) | $4.0m | $42.0m | $7.0m | ($3.0m) | — | — | — | — | — | |
| Goodwill, Impairment Loss | $161.0m | $0 | $0 | — | — | — | — | — | — | — | |
| Insurance Services Revenue | — | — | $5.1b | $4.9b | $4.6b | $4.8b | $4.3b | $3.6b | $3.5b | $3.4b | |
| Interest and Other Income | $497.0m | $345.0m | — | — | — | — | — | — | — | — | |
| Market Risk Benefit, Change in Fair Value, Gain (Loss) | — | — | — | — | — | ($4.1b) | ($4.1b) | $1.5b | $2.7b | $268.0m | |
| Preferred Stock Dividends, Income Statement Impact | — | $0 | $0 | $21.0m | $44.0m | $89.0m | $104.0m | $102.0m | $102.0m | $102.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($4.7b) | ($615.0m) | $989.0m | ($1.1b) | ($1.4b) | ($208.0m) | ($172.0m) | ($1.5b) | $422.0m | $474.0m | |
| Policyholder Benefits and Claims Incurred, Net | $3.9b | $3.6b | $3.3b | $3.7b | $5.7b | $3.4b | $4.2b | $2.7b | $2.3b | $1.8b | |
| Premiums Earned, Net | $1.2b | $863.0m | $900.0m | $882.0m | $766.0m | $707.0m | $662.0m | $828.0m | $770.0m | $695.0m | |
| Net Investment Income | $3.2b | $3.1b | $3.3b | $3.6b | $3.6b | $4.9b | $4.1b | $4.7b | $5.2b | $5.2b | |
| Gain (Loss) on Investments | ($78.0m) | ($28.0m) | ($207.0m) | $112.0m | $278.0m | ($59.0m) | ($248.0m) | ($232.0m) | ($264.0m) | ($51.0m) | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | ($5.9b) | ($1.6b) | $702.0m | ($2.0b) | ($18.0m) | ($2.5b) | $304.0m | ($3.9b) | ($3.7b) | ($1.8b) | |
| Net Income (Loss) Attributable to Parent | $0 | $0 | $5.0m | ($740.0m) | ($1.1b) | ($108.0m) | $5.0m | ($1.1b) | $388.0m | $433.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($2.9b) | ($378.0m) | $865.0m | ($761.0m) | ($1.1b) | ($197.0m) | ($99.0m) | ($1.2b) | $286.0m | $331.0m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | $0 | $5.0m | $5.0m | $5.0m | $5.0m | $5.0m | $5.0m | $5.0m | $5.0m | |
| Earnings Per Share, Basic | — | ($3.16) | $7.24 | ($6.76) | ($11.58) | ($2.36) | ($1.36) | ($18.39) | $4.67 | $5.75 | |
| Earnings Per Share, Diluted | — | — | $7.21 | ($6.76) | ($11.58) | ($2.36) | ($1.36) | ($18.39) | $4.64 | $5.71 | |
| Preferred Stock, Dividends Per Share, Declared | — | $0.00 | $0.00 | $1,237.50 | — | — | — | — | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | — | 119.8m | 119.4m | 112.5m | 95.4m | 83.8m | 73.0m | 66.0m | 61.2m | 57.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | 119.8m | 112.5m | 95.4m | 83.8m | 73.0m | 66.0m | 61.6m | 57.9m | |
| Expenses | |||||||||||
| Deferred Policy Acquisition Costs, Amortization Expense | $256.0m | $187.0m | $944.0m | $373.0m | $738.0m | $151.0m | $890.0m | $620.0m | $599.0m | $609.0m | |
| Current Income Tax Expense (Benefit) | ($305.0m) | $430.0m | ($166.0m) | ($32.0m) | $36.0m | $44.0m | ($53.0m) | $19.0m | $2.0m | $15.0m | |
| Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization | $371.0m | $227.0m | $1.1b | $382.0m | $766.0m | $144.0m | $956.0m | $620.0m | $599.0m | $609.0m | |
| Cost, Direct Tax and License | $63.0m | $64.0m | $68.0m | $48.0m | $44.0m | $52.0m | $54.0m | $61.0m | $60.0m | $55.0m | |
| Interest Expense, Debt | — | — | $158.0m | $191.0m | $184.0m | $163.0m | $153.0m | $153.0m | $152.0m | $152.0m | |
| Labor and Related Expense | $400.0m | $287.0m | $289.0m | $333.0m | $346.0m | $385.0m | $351.0m | $418.0m | $408.0m | $449.0m | |
| Other General and Administrative Expense | $462.0m | $606.0m | $145.0m | $145.0m | $131.0m | $84.0m | $188.0m | $95.0m | $77.0m | $79.0m | |
| Income Tax Expense (Benefit) | ($1.8b) | ($237.0m) | $119.0m | ($317.0m) | ($363.0m) | ($105.0m) | ($182.0m) | ($367.0m) | $29.0m | $36.0m | |
| Benefits, Losses and Expenses | $7.7b | $7.5b | $8.0b | $7.6b | $9.9b | $7.3b | $8.6b | $5.6b | $4.3b | $6.3b | |
| Interest Income (Expense), Nonoperating, Net | — | — | $194.0m | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.