Jackson Financial Inc. (NYSE: JXN) is a leading provider of retirement solutions in the United States, dedicated to helping individuals grow and protect their retirement savings. The company, incorporated in 2006 and based in Lansing, Michigan, was formerly known as Brooke (Holdco1) Inc. and adopted its current name in July ...Jackson Financial Inc. (NYSE: JXN) is a leading provider of retirement solutions in the United States, dedicated to helping individuals grow and protect their retirement savings. The company, incorporated in 2006 and based in Lansing, Michigan, was formerly known as Brooke (Holdco1) Inc. and adopted its current name in July 2020. It was spun off from Prudential plc in 2021. Jackson's core business is the manufacture and distribution of annuity products, which include variable, fixed index, fixed, and immediate payout annuities, as well as registered index-linked annuities. These products are sold primarily through independent broker-dealers, banks, wirehouses, regional broker-dealers, registered investment advisors, and insurance agents. The company also offers institutional products such as guaranteed investment contracts and funding agreements, and manages a closed block of life insurance and annuity policies. With approximately 3,890 employees, Jackson manages nearly $300 billion in total assets. Under the leadership of CEO Laura Prieskorn, who has announced plans to retire at the end of 2026, the company focuses on innovation in retirement income strategies and maintaining strong financial strength ratings. Jackson's financial metrics show a market capitalization of around $9 billion, a price-to-book ratio of about 0.9, and a dividend yield of about 2.6%. The company emphasizes its commitment to clarity and helping clients achieve financial freedom, positioning itself as a trusted partner in the retirement planning landscape.
Plutux no es un asesor de inversiones. Los datos de mercado y el análisis generado por IA son solo informativos y educativos, no asesoramiento de inversión. Aviso legal
InteranualYoY significa Year-over-Year (interanual). Compara el último valor anual con el valor anual anterior para mostrar la fortaleza de la tendencia a largo plazo.
TrimestralQoQ significa Quarter-over-Quarter (intertrimestral). Compara el último trimestre con el trimestre inmediatamente anterior para mostrar cambios de impulso a corto plazo.
IngresosEl dinero total que entró por la puerta principal al vender cosas, antes de pagar una sola factura. Piensa en esto como el gran total de cada compra con tarjeta de los clientes. (YoY compara el rendimiento de este año con el del año pasado, mientras que QoQ compara los tres meses actuales con los tres anteriores).
$6.7B
+116.1%
-94.2%
Beneficio netoEl resultado final absoluto. Si la empresa pagara a cada proveedor, empleado, banquero y recaudador de impuestos, este es el dinero real que queda en su bolsillo al final del día.
$27.0M
-97.1%
+254.5%
Margen brutoEl margen básico. Si venden unas zapatillas de 100 dólares, este porcentaje indica cuánto de ese precio es ganancia justo después de pagar el caucho y los cordones, pero antes de pagar el alquiler de la tienda o los anuncios de televisión.
+85.5%
+10.6%
+352.7%
Margen operativoLa puntuación de eficiencia del 'trabajo diario'. De cada dólar que gasta un cliente, esto muestra cuántos centavos mantiene la empresa después de fabricar el producto Y pagar todos los gastos generales corporativos (como salarios, marketing y mantener las luces encendidas).
-1.7%
-105.2%
+2971.8%
Margen netoEl porcentaje final que se lleva a casa. Cuando se eliminan todos los costos concebibles, impuestos y pagos de intereses, este es el número exacto de centavos que la empresa realmente se queda de cada dólar en ventas.
+0.4%
-98.7%
+2768.5%
Flujo de caja libreEl santo grial del efectivo corporativo. Es el dinero físico gastable que queda después de que el negocio paga sus operaciones diarias Y compra las actualizaciones grandes y costosas (como nuevas fábricas o servidores) que necesita para sobrevivir. Este es el dinero 'libre' que pueden usar para pagar dividendos o recomprar acciones.
$5.8B
-0.6%
+76.9%
Margen FCFLa tasa definitiva de conversión de efectivo. Muestra qué tan buena es la empresa para convertir ventas regulares directamente en efectivo frío, duro y gastable. Un porcentaje alto significa que el negocio es una auténtica máquina de imprimir dinero.
+86.2%
-54.0%
+2956.4%
Deuda/PatrimonioEl indicador de riesgo financiero. Compara cuánto del imperio de la empresa se construyó con dinero prestado (préstamos) frente al dinero propio de los propietarios (accionistas). Un número alto significa que están muy apalancados y juegan un juego más arriesgado; un número bajo significa que juegan a lo seguro.
46.3%
+122.2%
-42.2%
Ratio corrienteLa verificación de supervivencia de 12 meses. Simplemente compara el efectivo que tienen ahora mismo (más cosas que pueden convertirse rápidamente en efectivo) con las facturas inmediatas que absolutamente deben pagar este año. Una puntuación superior a 1 significa que tienen suficiente en la billetera para cubrir las próximas facturas sin entrar en pánico.
4.52x
—
-91.1%
Activos totalesEl tamaño absoluto del imperio de la empresa. Agrupa absolutamente todo lo valioso que poseen, desde el efectivo en la caja registradora y el inventario en el almacén, hasta las patentes de software en la bóveda y las fábricas en el suelo.
Operator: Good day, everyone. Welcome to the Jackson Financial Second Quarter 2026 Earnings Conference Call. [Operator Instructions] This call is being recorded. If you have any objections, please disconnect at this time. I would now like to turn the call over to Liz Werner, Head of Investor Relations. Please go ahead.
Elizabeth Werner: Good morning, everyone, and welcome to Jackson's 2026 Second Quarter Earnings Call. Today's remarks may contain forward-looking statements, which are subject to risks and uncertainties. These statements are not guarantees of future performance or events. Jackson's filings with the SEC provide details on important factors that may cause actual results or events to differ materially, except as required by law, Jackson is under no obligation to update any forward-looking statements. Today's remarks also refer to certain non-GAAP financial measures. The reconciliation of those measures to the most comparable U.S. GAAP figures is included in our earnings release, financial supplement and earnings presentation, all of which are available on the Investor Relations page of our website at investors.jackson.com. Presenting on today's call are Jackson CEO, Laura Prieskorn; and CFO, Don Cummings; joining us in the room are our President of PPM America, our investment management subsidiary, Chris Raub; our Head of Planning and Asset Liability Management, Brian Walta; and our Head of Distribution of Jackson National Life Distributors, Alison Reed. At this time, I'll turn the call over to our CEO, Laura Prieskorn.
Laura Prieskorn: Thank you, Liz. Good morning, everyone. I appreciate you joining us for Jackson Financial's Second Quarter 2026 Earnings Call. I'll start by highlighting the quarter's strong operating results, continued capital generation and a robust free cash flow. Following my remarks, Don Cummings, our CFO, will discuss our financial results in greater detail. Lastly, prior to Q&A, I'll share comments on our upcoming executive management transitions we've recently announced, and my confidence in the leadership guiding Jackson forward. Beginning at a high level, our performance in the first half of 2026 positions Jackson to achieve our financial targets for the year and sets a foundation for anticipated long-term profitability. Turning to the financial metrics on Slide 3. In the second quarter, operating earnings benefited from strong fee income and significant spread-based income growth. We reached a new quarterly record for adjusted operating earnings of $7.30 per diluted share. The combined total account value for retail annuities and institutional exceeded $295 billion, representing a 10% increase from the prior quarter and included a greater percentage of spread-based account growth. In addition, through the first half of the year, our adjusted operating earnings grew more than 20%. We expect our sizable healthy in-force business, our increasing diversification and our continued sales momentum to provide …