Brighthouse Financial
OverviewSuggest Edit
Brighthouse Financial is a provider of annuities and life insurance. The company operates through three segments: Annuities, Life and Run-off. The Annuities segment provides variable, fixed, index-linked and income annuities designed to address contract holders’ needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security. Brighthouse Financial's Life segment offers term, whole, universal and variable life products designed to address policyholders’ needs for financial security and protected wealth transfer, which may be provided on a tax-advantaged basis. And its Run-off segment consists of products no longer actively sold and which are separately managed, including structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements and universal life with secondary guarantees.
| Type | Public | |
| Founded | 2017 | |
| HQ | Charlotte, NC, US | Map |
| Website | brighthousefinancial.com | |
| Employee Ratings | More |
Recent NewsAll News
- Policygenius & Brighthouse Financial Launch a Faster, Simpler Way to Access Term Life Insurance
- Dow Set to Join S&P 500 and S&P 100; Brighthouse Financial and Trex Company to Join S&P MidCap 400; Pitney Bowes and Xenia Hotels & Resorts to Join S&P SmallCap 600
- SMART by GEP® source-to-pay inkoopsoftware gaat digitaal inkoopproces bij Brighthouse Financial aansturen
- Le logiciel d'approvisionnement source-to-pay SMART by GEP® sera derrière les processus d'approvisionnement numérique de Brighthouse Financial
Key People/Management at Brighthouse Financial
Eric T. Steigerwalt
Christine M. DeBiase
C. Edward
Myles J. Lambert
Carol D. Juel
Conor Murphy
Brighthouse Financial Office Locations
Brighthouse Financial Financials and Metrics
Brighthouse Financial Revenue
| USD | |
|---|---|
Revenue (Q1, 2021) | 938.0m |
Gross profit (Q1, 2021) | 182.0m |
Gross profit margin (Q1, 2021), % | 19.4% |
Net income (Q1, 2021) | (583.0m) |
Market capitalization (7-Jan-2022) | 4.4b |
Closing stock price (7-Jan-2022) | 56.2 |
Cash (31-Mar-2021) | 4.0b |
EV | 3.8b |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.9b | 2.1b | 2.1b | 3.9b | 4.0b | 4.3b | 8.9b | 7.3b | 6.2b | 4.0b |
Accounts Receivable | 13.5b | 13.6b | 13.6b | 14.0b | 14.2b | 14.4b | 15.0b | 15.2b | 16.1b | |
Total Assets | 219.0b | 216.2b | 216.9b | 216.4b | 221.2b | 225.9b | 224.0b | 235.4b | 239.7b | 241.9b |
Accounts Payable | 4.2b | 4.3b | 4.0b | 4.0b | 4.1b | 5.3b | 11.0b | 7.9b | 7.0b |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Accounts Payable | 75.0m | 96.0m | (126.0m) | (1.1b) | (963.0m) | 234.0m | 6.6b | 3.5b | 2.6b | |
Cash From Operating Activities | 291.0m | 1.0b | 1.5b | 376.0m | 809.0m | 1.3b | 96.0m | 467.0m | 515.0m | (104.0m) |
Cash From Investing Activities | (903.0m) | (2.0b) | (3.5b) | (1.3b) | (2.9b) | (5.7b) | (1.5b) | (2.1b) | (4.2b) | (200.0m) |
Long-term Borrowings | (3.0m) | (6.0m) | (9.0m) | (600.0m) | (601.0m) | (601.0m) | (1.0b) | (1.0b) |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 5.4m |
Debt/Equity | 0.2 x |
Financial Leverage | 15.4 x |
Brighthouse Financial Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| 1075 Peachtree, LLC | ||
| Brighthouse Assignment Company | ||
| Brighthouse Connecticut Properties Ventures, LLC | ||
| Brighthouse Holdings, LLC | ||
| Brighthouse Investment Advisers, LLC | ||
| Brighthouse Life Insurance Company | ||
| Brighthouse Life Insurance Company of NY | ||
| Brighthouse Reinsurance Company of Delaware | ||
| Brighthouse Renewables Holding, LLC | ||
| Brighthouse Securities, LLC |
Brighthouse Financial Revenue Breakdown
Brighthouse Financial revenue breakdown by business segment: 57.0% from Annuities, 16.3% from Life, 24.6% from Run-off and 2.2% from Other
Brighthouse Financial Cybersecurity Score
Brighthouse Financial Environment, Social & Governance (ESG) Ratings
Brighthouse Financial Online and Social Media Presence
11.76k Twitter followers
Brighthouse Financial has 11.76k Twitter Followers. The number of followers has increased 0.4% month over month and increased 0.8% quarter over quarter
Brighthouse Financial's Trends
Twitter Engagement Stats for @brighthousefin
3.8k
Tweets
105
Following
11.8k
Followers
15
Tweets last 30 days
16.6
Avg. likes per Tweet
20%
Tweets with engagement
Brighthouse Financial News and Updates
Policygenius & Brighthouse Financial Launch a Faster, Simpler Way to Access Term Life Insurance
Dow Set to Join S&P 500 and S&P 100; Brighthouse Financial and Trex Company to Join S&P MidCap 400; Pitney Bowes and Xenia Hotels & Resorts to Join S&P SmallCap 600
SMART by GEP® source-to-pay inkoopsoftware gaat digitaal inkoopproces bij Brighthouse Financial aansturen
Le logiciel d'approvisionnement source-to-pay SMART by GEP® sera derrière les processus d'approvisionnement numérique de Brighthouse Financial
Kilde-til-betaling-innkjøpsprogramvaren SMART By GEP® skal drive digitale innkjøpsprosesser hos Brighthouse Financial
Source-to-pay indkøbssoftwaren SMART by GEP® skal drive de digitale indkøbsprocesser hos Brighthouse Financial
Brighthouse Financial Frequently Asked Questions
When was Brighthouse Financial founded?
Brighthouse Financial was founded in 2017.
Who are Brighthouse Financial key executives?
Brighthouse Financial's key executives are Eric T. Steigerwalt, Christine M. DeBiase and C. Edward.
How many employees does Brighthouse Financial have?
Brighthouse Financial has 1,330 employees.
What is Brighthouse Financial revenue?
Latest Brighthouse Financial annual revenue is $8.5 b.
What is Brighthouse Financial revenue per employee?
Latest Brighthouse Financial revenue per employee is $6.4 m.
Who are Brighthouse Financial competitors?
Competitors of Brighthouse Financial include MetLife, Prudential and 1st Source.
Where is Brighthouse Financial headquarters?
Brighthouse Financial headquarters is located at 11225 N Community House Rd, Charlotte.
Where are Brighthouse Financial offices?
Brighthouse Financial has an office in Charlotte.
How many offices does Brighthouse Financial have?
Brighthouse Financial has 1 office.
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