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F&G Annuities & Life (F&G Annuities & Life) Owner Earnings per Share (TTM) : (As of Mar. 2024)


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What is F&G Annuities & Life Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

F&G Annuities & Life does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for F&G Annuities & Life's Owner Earnings per Share (TTM) or its related term are showing as below:



FG's Price-to-Owner-Earnings is not ranked *
in the Insurance industry.
Industry Median: 8.35
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

F&G Annuities & Life's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.88. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $1.96. It's PE Ratio ratio for today is 19.55.

F&G Annuities & Life's EPS without NRI for the three months ended in Mar. 2024 was $0.88. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $4.97. It's PE Ratio without NRI ratio for today is 7.71.


F&G Annuities & Life Owner Earnings per Share (TTM) Historical Data

The historical data trend for F&G Annuities & Life's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

F&G Annuities & Life Owner Earnings per Share (TTM) Chart

F&G Annuities & Life Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
- - - - -

F&G Annuities & Life Quarterly Data
Dec19 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of F&G Annuities & Life's Owner Earnings per Share (TTM)

For the Insurance - Life subindustry, F&G Annuities & Life's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


F&G Annuities & Life's Price-to-Owner-Earnings Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, F&G Annuities & Life's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where F&G Annuities & Life's Price-to-Owner-Earnings falls into.



F&G Annuities & Life Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

F&G Annuities & Life does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


F&G Annuities & Life Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of F&G Annuities & Life's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


F&G Annuities & Life (F&G Annuities & Life) Business Description

Traded in Other Exchanges
N/A
Address
801 Grand Avenue, Suite 2600, Des Moines, IA, USA, 50309
F&G Annuities & Life Inc is a provider of insurance solutions serving retail annuity and life customers as well as institutional clients. Through its insurance subsidiaries, including FGL Insurance and Fidelity & Guaranty Life Insurance Company of New York it markets a broad portfolio of deferred annuities (fixed indexed annuities (FIAs) and multi-year guarantee annuities (MYGAs) or other fixed rate annuities), immediate annuities, indexed universal life (IUL) insurance, funding agreements (through funding agreement-backed notes (FABN) issuances and the Federal Home Loan Bank of Atlanta (FHLB)) and pension risk transfer (PRT) solutions.
Executives
Christopher O Blunt officer: President & CEO 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Doka Celina J. Wang director 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Douglas K Ammerman director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Douglas Martinez director 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Currier John David Jr. officer: President, Retail Markets 601 LOCUST STREET, 14TH FLOOR, DES MOINES IA 50309
Scott D. Cochran officer: President, Inst. & New Markets 1370 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Young Wendy J.b. officer: CFO TWO RUAN CENTER, 601 LOCUST STREET, 14TH FLOOR, DES MOINES IA 50309
Leena Punjabi officer: Chief Investment Officer 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
David Edward Martin officer: CRO 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
Foley William P Ii director, officer: Exec Chairman of the Board FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Fidelity National Financial, Inc. 10 percent owner 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
John D Rood director 3020 HARTLEY ROAD SUITE 300, JACKSONVILLE FL 32257
Raymond R Quirk director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Michael Joseph Nolan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204