BHF Chart
About

Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. The company operates through Annuities, Life, and Run-off segments. The Annuities segment offers variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security. The Life segment provides term, universal, whole, and variable life products for policyholders' needs for financial security and protected wealth transfer. The Run-off segment manages universal life with secondary guarantees, structured settlements, pension risk transfer contracts, various company-owned life insurance policies, and funding agreements. Brighthouse Financial, Inc. was founded in 1863 and is headquartered in Charlotte, North Carolina.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Insurance - Life Market Cap 3.41B
Enterprise Value 6.05B Income 331.00M Sales 6.95B
Book/sh 118.38 Cash/sh 129.18 Dividend Yield
Payout 0.00% Employees 1400 IPO
P/E 10.43 Forward P/E 2.85 PEG
P/S 0.49 P/B 0.50 P/C
EV/EBITDA EV/Sales 0.87 Quick Ratio 0.33
Current Ratio 0.68 Debt/Eq 145.50 LT Debt/Eq
EPS (ttm) 5.71 EPS next Y 20.91 EPS Growth -82.10%
Revenue Growth -31.60% Earnings 2026-05-07 ROA 0.21%
ROE 7.39% ROIC Gross Margin 33.77%
Oper. Margin 21.29% Profit Margin 6.23% Shs Outstand 57.18M
Shs Float 56.33M Short Float 15.00% Short Ratio 8.91
Short Interest 52W High 66.33 52W Low 42.07
Beta 0.95 Avg Volume 798.41K Volume 433.44K
Target Price $65.50 Recom None Prev Close $59.92
Price $59.55 Change -0.62%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$65.50
Mean price target
2. Current target
$59.55
Latest analyst target
3. DCF / Fair value
$-191.19
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$59.55
Low
$55.00
High
$70.00
Mean
$65.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-08 down Barclays Overweight → Equal-Weight $65
2025-11-12 down Raymond James Strong Buy → Market Perform
2025-11-07 main Keefe, Bruyette & Woods Market Perform → Market Perform $70
2025-10-09 main Evercore ISI Group In-Line → In-Line $55
2025-10-08 main Wells Fargo Equal-Weight → Equal-Weight $53
2025-10-07 main Morgan Stanley Underweight → Underweight $46
2025-08-11 main Keefe, Bruyette & Woods Market Perform → Market Perform $50
2025-08-08 main Barclays Overweight → Overweight $65
2025-07-14 main Morgan Stanley Underweight → Underweight $42
2025-07-10 main Wells Fargo Equal-Weight → Equal-Weight $54
2025-07-09 main Keefe, Bruyette & Woods Market Perform → Market Perform $59
2025-07-08 main JP Morgan Underweight → Underweight $63
2025-07-07 main Barclays Overweight → Overweight $70
2025-07-03 main Piper Sandler Neutral → Neutral $55
2025-05-19 main Morgan Stanley Underweight → Underweight $45
2025-05-13 main Keefe, Bruyette & Woods Market Perform → Market Perform $59
2025-05-09 main Barclays Overweight → Overweight $76
2025-04-10 main Wells Fargo Equal-Weight → Equal-Weight $52
2025-04-10 main Morgan Stanley Underweight → Underweight $41
2025-03-18 up Raymond James Market Perform → Strong Buy $72
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 10669 ROSENTHAL JOHN L Chief Investment Officer 2026-03-02 00:00:00 D nan
1 13658 SPEHAR EDWARD A Chief Financial Officer 2026-03-02 00:00:00 D nan
2 6103 HUSS VONDA Officer 2026-03-02 00:00:00 D nan
3 7072 LIN ALLIE General Counsel 2026-03-02 00:00:00 D nan
4 1383 PAVLOVICH MELISSA B Officer 2026-03-02 00:00:00 D nan
5 35564 STEIGERWALT ERIC T Chief Executive Officer 2026-03-02 00:00:00 D nan
6 9420 LAMBERT MYLES Chief Operating Officer 2026-03-02 00:00:00 D nan
7 75577 Stock Award(Grant) at price 0.00 per share. STEIGERWALT ERIC T Chief Executive Officer 2026-02-27 00:00:00 D
8 12955 Stock Award(Grant) at price 0.00 per share. LAMBERT MYLES Chief Operating Officer 2026-02-27 00:00:00 D
9 15520 Stock Award(Grant) at price 0.00 per share. ROSENTHAL JOHN L Chief Investment Officer 2026-02-27 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.080.070.250.18
NetIncomeFromContinuingOperationNetMinorityInterest433.00M388.00M-1.11B3.88B
EBIT626.00M574.00M-1.32B4.88B
NetInterestIncome-152.00M-152.00M-153.00M-153.00M
InterestExpense152.00M152.00M153.00M153.00M
NormalizedIncome433.00M388.00M-1.11B3.88B
NetIncomeFromContinuingAndDiscontinuedOperation433.00M388.00M-1.11B3.88B
TotalExpenses5.92B3.95B5.42B1.90B
DilutedAverageShares58.63M63.50M73.58M84.47M
BasicAverageShares58.63M63.50M68.28M77.87M
DilutedEPS4.88-18.7751.30-2.53
BasicEPS4.88-18.6555.29-2.53
DilutedNIAvailtoComStockholders331.00M286.00M-1.21B3.77B
NetIncomeCommonStockholders331.00M286.00M-1.21B3.77B
PreferredStockDividends102.00M102.00M102.00M104.00M
NetIncome433.00M388.00M-1.11B3.88B
MinorityInterests-5.00M-5.00M-5.00M-5.00M
NetIncomeIncludingNoncontrollingInterests438.00M393.00M-1.11B3.88B
NetIncomeContinuousOperations438.00M393.00M-1.11B3.88B
TaxProvision36.00M29.00M-367.00M848.00M
PretaxIncome474.00M422.00M-1.47B4.73B
OtherIncomeExpense555.00M579.00M483.00M478.00M
NetNonOperatingInterestIncomeExpense-152.00M-152.00M-153.00M-153.00M
TotalOtherFinanceCost75.00M
InterestExpenseNonOperating152.00M152.00M153.00M153.00M
OtherOperatingExpenses725.00M736.00M728.00M878.00M
SellingGeneralAndAdministration750.00M693.00M730.00M647.00M
GeneralAndAdministrativeExpense750.00M693.00M730.00M647.00M
SalariesAndWages750.00M693.00M730.00M647.00M
TotalRevenue6.39B4.37B3.95B6.63B
OperatingRevenue6.39B4.37B3.95B6.63B
LossAdjustmentExpense1.54B-379.00M1.17B-1.91B
NetPolicyholderBenefitsAndClaims1.54B-379.00M1.17B-1.91B
PolicyholderBenefitsGross3.57B1.37B2.52B-129.00M
PolicyholderBenefitsCeded2.03B1.75B1.35B1.78B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber66.91M64.85M59.32M53.88M
PreferredSharesNumber70.10M70.10M70.10M70.10M
OrdinarySharesNumber57.17M58.63M63.50M68.28M
ShareIssued124.08M123.48M122.82M122.15M
TotalDebt3.15B3.15B3.16B3.16B
TangibleBookValue6.77B4.96B4.94B5.07B
InvestedCapital9.92B8.11B8.10B8.69B
NetTangibleAssets6.77B4.96B4.94B5.07B
CommonStockEquity6.77B4.96B4.94B5.53B
TotalCapitalization9.92B8.11B8.10B8.69B
TotalEquityGrossMinorityInterest6.83B5.02B5.01B5.60B
MinorityInterest65.00M65.00M65.00M65.00M
StockholdersEquity6.77B4.96B4.94B5.53B
GainsLossesNotAffectingRetainedEarnings-3.73B-5.28B-5.25B-6.11B
OtherEquityAdjustments-3.73B-5.28B-5.25B-6.11B
TreasuryStock2.69B2.57B2.31B2.04B
RetainedEarnings-686.00M-1.12B-1.51B-395.00M
AdditionalPaidInCapital13.87B13.93B14.00B14.07B
CapitalStock1.00M1.00M1.00M1.00M
CommonStock1.00M1.00M1.00M1.00M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest234.97B233.51B231.33B219.25B
NonCurrentDeferredLiabilities1.06B
NonCurrentDeferredTaxesLiabilities1.06B
LongTermDebtAndCapitalLeaseObligation3.15B3.15B3.16B3.16B
LongTermDebt3.15B3.15B3.16B3.16B
PayablesAndAccruedExpenses0.0062.00M
Payables4.56B62.00M
OtherPayable4.56B6.27B
TotalTaxPayable0.0062.00M
IncomeTaxPayable0.0062.00M
TotalAssets241.80B238.54B236.34B224.85B
InvestmentsAndAdvances88.49B86.83B87.21B81.52B
LongTermEquityInvestment4.70B4.83B4.95B4.78B
InvestmentsInOtherVenturesUnderEquityMethod4.70B4.83B4.95B4.78B
GoodwillAndOtherIntangibleAssets416.00M459.00M530.00M
OtherIntangibleAssets416.00M459.00M530.00M
Receivables21.59B21.14B19.79B18.59B
TaxesReceivable16.00M19.00M27.00M38.00M
AccountsReceivable21.58B21.13B19.76B18.55B
CashCashEquivalentsAndShortTermInvestments88.60B86.97B86.01B80.77B
OtherShortTermInvestments83.21B81.92B82.16B76.66B
CashAndCashEquivalents5.39B5.04B3.85B4.12B
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow259.00M-290.00M-137.00M-1.23B
RepurchaseOfCapitalStock-102.00M-250.00M-250.00M-488.00M
RepaymentOfDebt-2.00M-2.00M-2.00M-3.00M
IssuanceOfDebt0.000.00400.00M
IssuanceOfCapitalStock0.000.00339.00M
InterestPaidSupplementalData151.00M151.00M151.00M152.00M
IncomeTaxPaidSupplementalData12.00M13.00M7.00M44.00M
EndCashPosition5.39B5.04B3.85B4.12B
BeginningCashPosition5.04B3.85B4.12B4.47B
ChangesInCash342.00M1.19B-264.00M-359.00M
FinancingCashFlow-668.00M3.68B3.07B9.14B
CashFlowFromContinuingFinancingActivities-668.00M3.68B3.07B9.14B
NetOtherFinancingCharges-1.28B3.81B4.31B11.45B
CashDividendsPaid-102.00M-102.00M-102.00M-104.00M
PreferredStockDividendPaid-102.00M-102.00M-102.00M-104.00M
NetPreferredStockIssuance0.000.00339.00M
PreferredStockIssuance0.000.00339.00M
NetCommonStockIssuance-102.00M-250.00M-250.00M-488.00M
CommonStockPayments-102.00M-250.00M-250.00M-488.00M
NetIssuancePaymentsOfDebt-2.00M-2.00M-2.00M-3.00M
NetLongTermDebtIssuance-2.00M-2.00M-2.00M-3.00M
LongTermDebtPayments-2.00M-2.00M-2.00M-3.00M
LongTermDebtIssuance0.000.00400.00M
InvestingCashFlow751.00M-2.19B-3.20B-8.28B
CashFlowFromContinuingInvestingActivities751.00M-2.19B-3.20B-8.28B
NetOtherInvestingChanges-4.00M
NetInvestmentPurchaseAndSale-496.00M-682.00M-3.32B-4.45B
SaleOfInvestment30.34B24.23B11.14B16.03B
PurchaseOfInvestment-30.84B-24.92B-14.46B-20.49B
NetBusinessPurchaseAndSale292.00M38.00M-248.00M-562.00M
SaleOfBusiness570.00M337.00M205.00M252.00M
PurchaseOfBusiness-278.00M-299.00M-453.00M-814.00M
OperatingCashFlow259.00M-290.00M-137.00M-1.23B
CashFlowFromContinuingOperatingActivities259.00M-290.00M-137.00M-1.23B
ChangeInWorkingCapital1.40B-2.14B-1.25B-4.34B
ChangeInOtherWorkingCapital242.00M-2.04B-1.25B-2.54B
ChangeInOtherCurrentLiabilities420.00M402.00M95.00M176.00M
ChangeInOtherCurrentAssets1.14B1.18B1.13B1.26B
ChangeInReceivables-400.00M-1.45B-1.28B-1.37B
ChangesInAccountReceivables-400.00M-1.45B-1.28B-1.37B
OtherNonCashItems-2.11B-2.09B-2.26B-2.40B
AmortizationOfSecurities-320.00M-330.00M-282.00M-233.00M
OperatingGainsLosses27.00M305.00M315.00M358.00M
EarningsLossesFromEquityInvestments-24.00M41.00M83.00M110.00M
GainLossOnInvestmentSecurities51.00M264.00M232.00M248.00M
NetIncomeFromContinuingOperations438.00M393.00M-1.11B3.88B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for BHF
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