F&G Annuities & Life, Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenues:
Other operating expenses $105.0m $102.0m $146.0m $203.0m $156.0m
Life insurance premiums and other fees $1.4b $1.7b $2.4b $2.9b $2.8b
Interest and investment income $1.9b $1.7b $2.2b $2.7b $2.8b
Owned distribution revenues $0 $0 $81.0m $89.0m
Recognized gains and (losses), net $715.0m ($1.0b) ($124.0m) $84.0m $10.0m
Benefits and other changes in policy reserves $2.1b $1.1b $3.6b $3.8b $4.0b
Market risk benefit losses (gains) ($44.0m) ($182.0m) $95.0m ($25.0m) $167.0m
Depreciation and amortization $484.0m $329.0m $412.0m $569.0m $665.0m
Earnings (loss) before income taxes $857.0m $481.0m ($58.0m) $778.0m $323.0m
Net earnings (loss) $865.0m $481.0m ($58.0m) $639.0m $265.0m
Less: Non-controlling interests $0 $0 $3.0m $6.0m
Less: Preferred stock dividend $0 $0 $0 $17.0m $17.0m
Net earnings (loss) attributable to F&G common shareholders $865.0m $481.0m ($58.0m) $622.0m $248.0m
Net earnings (loss) per share attributable to F&G common shareholders, basic (in usd per share) $8 $4 ($0) $5 $2
Net earnings (loss) per share attributable to F&G common shareholders, diluted (in usd per share) $8 $4 ($0) $5 $2
Weighted average shares outstanding F&G common stock, basic basis (in shares) 105.0m 115.0m 124.0m 125.0m 131.0m
Weighted average shares outstanding F&G common stock, diluted basis (in shares) 105.0m 115.0m 124.0m 131.0m 132.0m
Personnel costs $129.0m $157.0m $232.0m $296.0m $293.0m
Interest expense $29.0m $29.0m $97.0m $132.0m $164.0m
Income tax expense $220.0m $117.0m $23.0m $136.0m $52.0m
Total benefits and expenses $2.4b $1.6b $4.5b $5.0b $5.4b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.