Brighthouse Financial, Inc. (BHFAL) Stock

Brighthouse Financial, Inc. (BHFAL) is a Financials stock trading at $16.11 (as of 2026-08-24), with a market capitalization of $926.51M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Brighthouse Financial, Inc. operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with a diverse network of distribution partners. It operates through the following segments: Annuities, Life, Run-Off, and Corporate & Others. The Annuities segment product offerings include fixed, structured, income and variable annuities. The Life segment manufactures products to serve its target segments through a broad independent distribution network. The Run-Off segment includes structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements and universal life with secondary guarantees. The Corporate & Other segment refers to the general account investments and the separate account assets of the company. The company was founded in June 1863 and is headquartered in Charlotte, NC.

Understand Brighthouse Financial, Inc.: how it makes money

Brighthouse Financial provides life insurance and annuities, and earns money by manufacturing these products and distributing them through independent channels and marketing arrangements with distribution partners.

The profit model is driven by how Brighthouse manufactures and sells annuities and life products through independent distribution partners, with results also influenced by a separate Run-Off segment.

Business quality (Weak): Clear business description and specific operating sales metrics are provided, but the prompt does not include reportable segment revenue figures, so segment-level performance cannot be quantified here.

Bull case

  • Annuities sales are a key measurable engine: The company reports Annuities Sales of 2.18 USD_B (latest provided period).
  • Product mix includes fixed index annuities: Fixed Index Annuity Sales are reported at 0.14 USD_B, alongside broader annuities offerings.

Bear case

  • Latest-quarter profitability is weak: Operating margin is -64.6 for the period ending 2026-03-31, indicating operating losses.
  • Business depends on independent distribution partners: Brighthouse sells through independent distribution channels and marketing arrangements, so changes in partner behavior or demand could affect sales.
Valuation — source: SEC EDGAR (first-party)
Price$16.11
Market Cap$926.51M
Price / Book0.14
Price / Sales0.14
DCF Value (model)$105.29
DCF Upside vs Price553.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$6.77B
Net Margin6.4%
Revenue Growth (YoY)-36.1%
EPS Growth (YoY)174.2%
Valuation vs Sector & Industry
Sector P/E (Financials)15.2
Industry P/E (Insurance)13.1
Company
SectorFinancials
IndustryInsurance
CEONone
Employees1,500
CountryUS
IPO Date2018-09-14

Related Companies (Insurance; 8 comparable insurers)

  • Jackson Financial Inc. (JXN)
  • Genworth Financial, Inc. (GNW)
  • Globe Life Inc. (GL)
  • F&G Annuities & Life, Inc. (FG)
  • Voya Financial, Inc. (VOYA)
  • Primerica, Inc. (PRI)
  • Lincoln National Corporation (LNC)
  • Corebridge Financial, Inc. (CRBG)
BHFAL earnings history · BHFAL institutional & insider holders · BHFAL KPIs & operating metrics · BHFAL financials · BHFAL investor presentations & press releases · BHFAL SEC filings · BHFAL peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.