BHF Brighthouse Financial margins

?
Relative Growth: Rel. Growth: 55
Relative Strength: Rel. Strength: 27
Relative Valuation: Rel. Valuation: 91
Relative Profitability: Rel. Profitability: 57
Gross margin
53.3%
Operating margin
14.7%
EBITDA margin
14.6%
Net margin
12.5%

The Brighthouse Financial reports a gross margin of 53.3%, an operating margin of 14.7%, an EBITDA margin of 14.6%, and a net margin of 12.5%. All available margins expanded year over year, led by operating margin with an increase of 3 percentage points.

BHF margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Brighthouse Financial's margins averaged 43.62% gross, -7.16% operating, -7.25% EBITDA, and -4.65% net. All four current margins are above their three-year averages.

BHF margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 2.4 percentage points, operating margin by 3 percentage points, EBITDA margin by 2.9 percentage points, and net margin by 2.3 percentage points, led by operating margin with an increase of 3 percentage points.

Gross margin expansion
2.4pp
Operating margin expansion
3pp
EBITDA margin expansion
2.9pp
Net margin expansion
2.3pp

BHF Gross margin

Across the last 3 years, Brighthouse Financial recorded an average gross margin of 43.62%. Against its three-year average, Brighthouse Financial's gross margin is currently 53.3%, 9.7 percentage points above its three-year average. The highest gross margin for Brighthouse Financial was 62.8% in Dec 2024, while the lowest was 20.5% in Sep 2024.

BHF Operating margin

Reviewing the last 3 years, Brighthouse Financial recorded an average operating margin of -7.16%. Brighthouse Financial's current operating margin is 14.7% and is 21.9 percentage points above its three-year average. The highest operating margin for Brighthouse Financial was 18.4% in Sep 2025, while the lowest was -49.4% in Mar 2024.

BHF EBITDA margin

Looking back over the last 3 years, Brighthouse Financial recorded an average EBITDA margin of -7.25%. Brighthouse Financial's current EBITDA margin is 14.6% and is 21.9 percentage points above its three-year average. The highest EBITDA margin for Brighthouse Financial was 18.4% in Sep 2025, while the lowest was -49.5% in Mar 2024.

BHF Net margin

Brighthouse Financial's net margin averaged -4.65% in the last 3 years. Currently, Brighthouse Financial's current net margin is 12.5%, which is 17.2 percentage points above its three-year average. Over the last 3 years, Brighthouse Financial's net margin peaked at 15.4% in Sep 2025 and reached a low of -38% in Mar 2024.

BHF margin group comparison

Margins compared with peer-group, industry and sector averages

Brighthouse Financial's gross margin of 53.3% is higher than the industry average but lower than the Financial Services sector average. Looking at the Financial Services sector average of 83.9%, Brighthouse Financial's gross margin is 36% lower.

Frequently asked questions

What is Brighthouse Financial's gross margin?

The current gross margin for BHF is 53.3% as of Jun 30, 2026.

What is Brighthouse Financial's operating margin?

For the period ending Jun 30, 2026, BHF recorded an operating margin of 14.7%.

What is Brighthouse Financial's EBITDA margin?

As of Jun 30, 2026, BHF has an EBITDA margin of 14.6%.

What is Brighthouse Financial's net margin?

The current net margin for BHF is 12.5% as of Jun 30, 2026.

What are the average margins of BHF?

Brighthouse Financial's gross, operating, EBITDA, and net margins averaged 43.6% gross, -7.2% operating, -7.3% EBITDA, and -4.7% net over the last 3 years.

What are the highest historical margins of BHF?

Over the last 5 years, Brighthouse Financial's highest margins were 151.1% gross in Sep 2022, 101.6% operating in Sep 2022, 101.5% EBITDA in Sep 2022, and 81.1% net in Sep 2022.

What are the lowest historical margins of BHF?

Within the 5-year period, BHF recorded its lowest margins at 20.5% gross in Sep 2024, -57.5% operating in Jun 2023, -57.7% EBITDA in Jun 2023, and -43.6% net in Jun 2023.