Loading…
Life insurance and annuity company providing retirement and protection products, spun off from MetLife in 2017.
Life insurance and annuity company providing retirement and protection products, spun off from MetLife in 2017.
Sells annuities and life insurance mostly through independent advisers, banks and broker-dealers, and earns the spread between what it makes investing and what it pays policyholders, plus fees. Its sales have moved toward buffer annuities, which cushion a set amount of market loss. It was spun off from MetLife in 2017.
Moat: narrow (scale, brand, regulatory licence). Large in-force annuity/life block and licensing scale versus smaller insurers, though margins are commoditized.
Headquarters: Charlotte, North Carolina, United States · Founded: 2017 · Employees: 1,400
Size Brighthouse Financial (BHF) is a United States Financials company (Life/Health Insurance) with a market value of $2.45B, the 1666th largest of 3,117 United States companies the cockpit tracks. Shares closed at $42.60 on 6 Nov 2026.
Performance Over six months the shares fell 30.6%, against -0.7% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 2.6% over the last twelve months (peer median +17.8%); the operating margin is 16.9% (peer median 6.0%).
Valuation It trades at 0.37× book value against a peer median of 2.17× (3rd cheapest of 21).
Price implies The share price implies a return on equity of about 5.2%; Brighthouse Financial delivers 13.6%, so the price asks less than the business earns today.
Credit Brighthouse Financial has 6 bonds outstanding ($3.94B), rated BBB by the agencies and trading like BB+ at a weighted spread of 254 bp.
Short interest Short interest is 11.9% of the free float (15 Oct 2026).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $6.65B | $6.77B | $4.72B | $4.12B | $6.87B |
| Revenue growth | — | +43% | +15% | -40% | — |
| Net income | $831M | $433M | $388M | -$1.11B | $3.88B |
| Free cash flow | -$538M | $259M | -$290M | -$137M | -$1.23B |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Total debt | $3.15B | $3.15B | $3.15B | $3.16B | $3.16B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Brighthouse Financial BHF | $2.45B | -31% | +3% | 14% | 0.37× | 5.2% |
| MetLife MET | $62.4B | +27% | +9% | 13% | 2.28× | 16.2% |
| Prudential Financial PRU | $41.1B | +20% | +4% | 13% | 1.39× | 11.4% |
| Lincoln National LNC | $7.67B | +12% | +12% | 23% | 0.74× | 8.6% |
| Jackson Financial Incorporation JXN | $8.70B | +17% | +34% | 9% | 1.10× | 12.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BHF | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.0% | -0.3% | 4th lowest of 21 |
| 6-month return | -30.6% | -0.7% | lowest of 21 |
| Return on equity | 13.6% | 8.1% | 6th highest of 21 |
| Price / book | 0.37× | 2.17× | 3rd cheapest of 21 |
| Trailing P/E | 3.4× | 15.9× | 2nd cheapest of 20 |
| ROE the price implies | 5.2% | 16.5% | 3rd least demanding of 21 |
| ROE delivered | 13.6% | 8.1% | 6th highest of 21 |
| Bond spread | 254 bp | 105 bp | widest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Brighthouse Financial BHF | United States | $2.45B | -31% | +3% | 14% | 0.37× | 5.2% | 13.6% |
| Clover Health Investments CLOV | United States | $2.56B | +54% | +54% | -5% | 6.32× | 94.7% | -5.1% |
| Hanwha Life 088350.KS | South Korea | $2.16B | -20% | +18% | 8% | 0.22× | 3.8% | 7.7% |
| Privia Health PRVA | United States | $3.12B | +6% | +24% | 4% | 3.94× | 25.4% | 3.8% |
| COFCO Capital 002423.SZ | China | $3.15B | -11% | -31% | 6% | 0.85× | 6.2% | 5.6% |
| Mirae Asset Life Insurance 085620.KS | South Korea | $1.78B | +17% | +22% | 5% | 1.05× | 5.6% | 5.2% |
| Star Health & Allied Insurance STARHEALTH.NS | India | $3.52B | +9% | +21% | 12% | 3.19× | 47.7% | 11.7% |
| Nuernberger Beteiligungs NBG6.DE | Germany | $1.58B | +1% | -1% | 5% | 1.58× | 6.0% | 5.1% |
| Niva Bupa Health Insurance NIVABUPA.NS | India | $1.49B | -5% | +58% | 14% | 3.66× | 33.1% | 13.9% |
| Max Financial Services MFSL.NS | India | $4.68B | -25% | +18% | 3% | 7.71× | 78.7% | 3.3% |
| E-L Financial ELF.TO | Canada | $4.74B | +10% | +32% | 20% | 0.68× | 6.4% | 20.2% |
| Canara HSBC Life Insurance CANHLIFE.NS | India | $1.23B | -14% | +17% | 8% | 7.08× | 48.0% | 8.2% |
| Challenger CGF.AX | Australia | $5.59B | +36% | -25% | 13% | 2.01× | 15.8% | 13.3% |
| Yunfeng Financial 0376.HK | Hong Kong | $999M | -30% | +21% | 7% | 0.60× | 7.8% | 6.7% |
| ICICI Life Insurance ICICILIFE.NS | India | $6.77B | -22% | -8% | 13% | 4.67× | 65.0% | 12.6% |
| St. James's Place STJ.L | United Kingdom | $7.48B | -3% | +164% | 38% | 3.64× | 43.3% | 38.4% |
| Lifenet Insurance 7157.T | Japan | $710M | -28% | +12% | 8% | 1.18× | 7.0% | 7.9% |
| Jackson Financial Incorporation JXN | United States | $8.70B | +17% | +34% | 9% | 1.10× | 12.5% | 9.5% |
| Voya Financial VOYA | United States | $8.91B | +21% | -3% | 14% | 2.34× | 17.2% | 14.3% |
| Primerica PRI | United States | $8.94B | +6% | +8% | 33% | 3.56× | 24.9% | 32.9% |
| Farglory Life Insurance 5859.TWO | Taiwan | $625M | -7% | -48% | 7% | 0.23× | 1.7% | 7.1% |
Brighthouse Financial has 6 bonds outstanding with $3.94B face value. The agencies rate it BBB; its bonds trade like BB+. Weighted yield 7.60%, a spread of 254 bp over government bonds.