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Sep 30, 2023

Jackson Q3 2023 Earnings Report

Jackson's Q3 2023 results showcased strategic and operational advancement, with ongoing diversification of the product portfolio.

Key Takeaways

Jackson Financial Inc. reported a net income of $2,762 million and adjusted operating earnings of $315 million for the third quarter of 2023. The company returned $123 million to shareholders and saw a record level of RILA sales. They are on track to deliver on their financial targets for the second year in a row.

Net income attributable to Jackson Financial Inc. common shareholders was $2,762 million, or $33.35 per diluted share.

Adjusted operating earnings were $315 million, or $3.80 per diluted share.

Returned $123 million to common shareholders through share repurchases and dividends.

RILA sales reached $807 million, marking a record level for the company.

Total Revenue
$2.61B
Previous year: $4.02B
-35.2%
EPS
$3.8
Previous year: $4.24
-10.4%
Gross Profit
$1.98B
Previous year: $3.43B
-42.3%
Cash and Equivalents
$2.76B
Previous year: $5.33B
-48.2%
Free Cash Flow
$1.13B
Total Assets
$288B
Previous year: $303B
-4.8%

Jackson

Jackson

Jackson Revenue by Segment

Forward Guidance

The information in this press release contains forward-looking statements about future events and circumstances and their effects upon revenues, expenses and business opportunities.

Revenue & Expenses

Visualization of income flow from segment revenue to net income