FG Annuities Historical Income Statement

FG Stock  USD 31.84  0.12  0.38%   
Historical analysis of FG Annuities income statement accounts such as Total Revenue of 2.3 B can show how well FG Annuities Life performed in making a profits. Evaluating FG Annuities income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FG Annuities's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining FG Annuities Life latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FG Annuities Life is a good buy for the upcoming year.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Annuities Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

About FG Annuities Income Statement Analysis

FG Annuities Life Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to FG Annuities shareholders. The income statement also shows FG Annuities investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

FG Annuities Income Statement Chart

At this time, FG Annuities' Operating Income is most likely to increase significantly in the upcoming years. The FG Annuities' current EBIT is estimated to increase to about 934.5 M, while Total Revenue is projected to decrease to roughly 2.3 B.

Total Revenue

Total revenue comprises all receipts FG Annuities Life generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of FG Annuities Life minus its cost of goods sold. It is profit before FG Annuities operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FG Annuities Life. It is also known as FG Annuities overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from FG Annuities' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FG Annuities Life current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Annuities Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
At this time, FG Annuities' Operating Income is most likely to increase significantly in the upcoming years. The FG Annuities' current EBIT is estimated to increase to about 934.5 M, while Total Revenue is projected to decrease to roughly 2.3 B.
 2022 2023 2024 2025 (projected)
Gross Profit2.1B4.4B5.4B5.7B
Total Revenue2.2B4.5B2.7B2.3B

FG Annuities income statement Correlations

-0.020.670.850.610.740.680.110.680.76-0.78-0.250.87-0.51-0.4-0.61-0.320.76-0.790.720.180.82
-0.020.04-0.010.11-0.23-0.140.18-0.24-0.090.0-0.35-0.090.19-0.01-0.28-0.910.260.12-0.120.530.4
0.670.040.860.980.630.630.440.590.31-0.86-0.560.72-0.5-0.11-0.75-0.370.83-0.490.570.020.75
0.85-0.010.860.820.80.760.40.720.46-0.85-0.290.87-0.67-0.2-0.7-0.340.81-0.830.770.090.82
0.610.110.980.820.490.490.550.440.19-0.79-0.50.6-0.51-0.1-0.73-0.420.78-0.470.57-0.080.7
0.74-0.230.630.80.490.98-0.130.990.69-0.78-0.410.96-0.4-0.13-0.55-0.10.7-0.590.430.390.66
0.68-0.140.630.760.490.98-0.090.970.71-0.81-0.550.96-0.430.05-0.59-0.20.75-0.510.360.440.69
0.110.180.440.40.55-0.13-0.09-0.23-0.32-0.20.060.0-0.720.32-0.27-0.310.22-0.430.57-0.430.32
0.68-0.240.590.720.440.990.97-0.230.69-0.75-0.460.94-0.3-0.13-0.51-0.070.66-0.480.330.440.61
0.76-0.090.310.460.190.690.71-0.320.69-0.68-0.450.77-0.27-0.08-0.54-0.170.64-0.410.30.380.56
-0.780.0-0.86-0.85-0.79-0.78-0.81-0.2-0.75-0.680.64-0.880.55-0.030.870.35-0.960.55-0.54-0.15-0.75
-0.25-0.35-0.56-0.29-0.5-0.41-0.550.06-0.46-0.450.64-0.490.01-0.280.670.54-0.71-0.20.14-0.49-0.53
0.87-0.090.720.870.60.960.960.00.940.77-0.88-0.49-0.5-0.13-0.67-0.280.83-0.660.540.370.8
-0.510.19-0.5-0.67-0.51-0.4-0.43-0.72-0.3-0.270.550.01-0.5-0.390.380.1-0.480.76-0.740.35-0.47
-0.4-0.01-0.11-0.2-0.1-0.130.050.32-0.13-0.08-0.03-0.28-0.13-0.39-0.040.00.030.23-0.22-0.15-0.17
-0.61-0.28-0.75-0.7-0.73-0.55-0.59-0.27-0.51-0.540.870.67-0.670.38-0.040.53-0.860.41-0.42-0.23-0.71
-0.32-0.91-0.37-0.34-0.42-0.1-0.2-0.31-0.07-0.170.350.54-0.280.10.00.53-0.570.15-0.14-0.56-0.72
0.760.260.830.810.780.70.750.220.660.64-0.96-0.710.83-0.480.03-0.86-0.57-0.50.480.290.83
-0.790.12-0.49-0.83-0.47-0.59-0.51-0.43-0.48-0.410.55-0.2-0.660.760.230.410.15-0.5-0.90.08-0.62
0.72-0.120.570.770.570.430.360.570.330.3-0.540.140.54-0.74-0.22-0.42-0.140.48-0.9-0.160.62
0.180.530.020.09-0.080.390.44-0.430.440.38-0.15-0.490.370.35-0.15-0.23-0.560.290.08-0.160.49
0.820.40.750.820.70.660.690.320.610.56-0.75-0.530.8-0.47-0.17-0.71-0.720.83-0.620.620.49
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FG Annuities Account Relationship Matchups

FG Annuities income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization97M484M24M412M569M597.5M
Selling General Administrative19.9B129M157M232M296M281.2M
Total Revenue1.4B3.4B2.2B4.5B2.7B2.3B
Gross Profit1.4B3.4B2.1B4.4B5.4B5.7B
Other Operating Expenses1.5B2.3B1.6B4.3B1.9B1.9B
Operating Income(97M)1.1B627M62M944M991.2M
Ebit42M1.1B932M62M890M934.5M
Total Operating Expenses1.5B(2.3B)1.8B4.3B1.7B977.1M
Income Before Tax(128M)1.1B598M(35M)778M816.9M
Net Income Applicable To Common Shares(186M)865M481M(58M)622M653.1M
Net Income(47M)865M481M(58M)639M671.0M
Tax Provision9.7B220M117M(38M)136M129.2M
Interest Income890M198M29M1.9B2.7B2.8B
Ebitda139M1.5B956M474M1.5B1.5B
Cost Of Revenue169.6B213.0B102M146M132M125.4M
Total Other Income Expense Net(31M)(500M)903M(97M)(166M)(157.7M)
Income Tax Expense89M220M117M23M136M198.1M

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FG Annuities Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FG Annuities. If investors know FG Annuities will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FG Annuities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.49
Dividend Share
0.87
Earnings Share
3.84
Revenue Per Share
40.948
Quarterly Revenue Growth
(0.41)
The market value of FG Annuities Life is measured differently than its book value, which is the value of FG Annuities that is recorded on the company's balance sheet. Investors also form their own opinion of FG Annuities' value that differs from its market value or its book value, called intrinsic value, which is FG Annuities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FG Annuities' market value can be influenced by many factors that don't directly affect FG Annuities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FG Annuities' value and its price as these two are different measures arrived at by different means. Investors typically determine if FG Annuities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FG Annuities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.