F&G Annuities & Life, Inc.
F&G Annuities & Life, Inc. (FG) is listed on NYSE and classified in Insurance - Life, part of the Financial Services sector. It is headquartered in Des Moines, United States and has 1,173 employees. The company is worth $2.56B and trades at 6.5x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $5.73B in fiscal 2025, down 0.2% from the year before. Net income was $265M. The share price is 44.6% below its 52-week high of $35.33. It pays a dividend yielding 5.11%. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Israel Englander (Millennium Management), at $14.94M. In that quarter, 2 of them opened or added to the position. Over the last 30 days, company insiders bought $5.01K of its stock on the open market and sold none.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -14.9% over 5Y.
This stock has less than 5 years of price history — the answer would measure a shorter period than the one asked for.
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $30.85 | $41.44 | $46.00 | $20.01 | |
| P/E | 8.5x | 16.4x | 8.5x | — | 3.6x |
| P/S | 1.0x | 0.7x | 0.9x | 1.3x | 1.1x |
| P/B | 1.2x | 0.9x | 1.3x | 1.9x | 1.1x |
| EPS | $1.88 | $4.88 | -$0.47 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 5.1% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| FRMEFirst Merchants Corp | $40.83 | 12.8x | 1.0x | 3.62% | 7.37% | $2.56B |
| BANRBanner Corp | $70.10 | 11.2x | 1.2x | 2.91% | 10.78% | $2.57B |
| HCIHCI Group, Inc. | $206.68 | 8.8x | 2.4x | 0.77% | 34.98% | $2.57B |
| BUSEFirst Busey Corp | $30.63 |
| $5.52 |
| Dividend yield | 2.05% | 2.95% | 2.05% | 1.76% | — |
| Payout | — | 48.40% | 17.42% | — | — |
| Profit margin | 7.87% | 4.62% | 11.12% | -1.29% | 27.03% |
| ROE | 10.84% | 5.52% | 16.17% | -1.87% | 26.40% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 10.3% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
4 methods answered, across 2 families.
Room for errors in the reported numbers.
+11.4% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 12.7x |
| 1.1x |
| 3.40% |
| 9.63% |
| $2.53B |
| LCLNLincoln International, Inc. | $24.04 | — | 6.2x | 0.29% | — | $2.53B |
| BBARBanco BBVA Argentina S.A. | $12.78 | 9.6x | 0.9x | 3.36% | 8.12% | $2.61B |