StockCV
Corebridge Financial, Inc. logo

Corebridge Financial, Inc.

Life Insurance

$34.09
-1.04%
Market cap $15.2B

Corebridge Financial Inc provides retirement solutions and insurance products in the United States, offering fixed, fixed index, and registered index-linked annuities with optional benefits, including lifetime income guarantees and death benefits, distributed through an extensive platform.

It is a $15.2B financial services company. Revenue grew 28.6% over the last year, and it keeps 5¢ of every dollar of sales as profit. It trades at 16.8× earnings — in the most expensive third of its own history.

Location
Houston, TX
Employees
4 800
Sector
Financial Services

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation75Growth25Profitability23Health31Quality36Moat18

Strong valuation; Growth, Profitability, Health, Quality and Moat lag behind.

Valuation75
  • P/E vs own history79th pct · 5/25
  • FCF yield12.2% · 25/25
  • P/S0.8x · 25/25
  • EV/EBITDA11.1x · 20/25
Growth25
  • Revenue CAGR-5.2% · 0/25
  • Net income CAGRn/a · 0/25
  • EPS CAGR ~5Yn/a · 0/25
  • Fwd implied growth168.2% · 25/25
Profitability23
  • ROIC-4.0% · 0/25
  • ROE7.5% · 5/25
  • Net margin4.5% · 6/25
  • Operating margin8.2% · 12/25
Health31
  • Altman Z0.09 · 3/25
  • Current ration/a · 0/25
  • Interest coverage0.0x · 3/25
  • Net cash / debtNet cash · 25/25
Quality36
  • Piotroski F4/9 · 10/25
  • Beneish M-2.31 · 20/25
  • FCF conversionn/a · 0/25
  • Margin stabilityσ 19.8% · 6/25
Moat18
  • ROIC >12% years3/5 yrs · 13/25
  • Median gross marginn/a · 0/25
  • FCF-positive yearsn/a · 0/25
  • Worst-year net marginworst -2.0% · 5/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. Q4 2026Insiders
    6 open-market insider purchases
    ~1.2M shares bought by insiders
  2. Q3 2026Insiders
    9 open-market insider purchases
    ~1.9M shares bought by insiders
  3. 2026Acquisition
    Corebridge Financial announced a merger with Equitable Holdings through an all-stock merger worth $22…
  4. Dec 31, 2025Milestone
    Nippon became the company's largest shareholder, with a 24.6% stake
  5. FY2024Financial
    Became debt-free
    cash now exceeds total debt
  6. 2024Acquisition
    Nippon Life Insurance Company acquired an equity interest in Corebridge Financial from AIG
  7. Sep 15, 2022Product
    The new company was launched on September 15, 2022, in the largest IPO of 2022 to date
  8. 2022Milestone
    Corebridge was formed by an AIG spin-off of the company via IPO in 2022
  9. FY2021Financial
    First recorded profitable year
    $8.24B net income
  10. FY2021Financial
    Revenue already above $10B
    $22.9B in first reported year
  11. FY2021Financial
    Positive free cash flow every year since
    5-year streak
  12. FY2021Financial
    Best year on record
    $8.24B net income
  13. 2021Acquisition
    The company announced that Blackstone Group would acquire 9.9% of the new unit for $2.2 billion cash
  14. 2020Milestone
    AIG announced plans to perform the spin-off with a 2022 IPO
  15. 2003Acquisition
    Old Line Life Insurance merged with American General
  16. 2001Acquisition
    It was announced that American General would be acquired by Prudential plc in a deal worth $26.6 billion
  17. 1983Acquisition
    American General acquired Gulf United's insurance operations

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2022 would be worth ~$16 445 today — price return only
$18.5B revenue in FY2025
Revenue up 28.6% year over year
Positive free cash flow 5 years in a row
4 800 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • Revenue growing 28.6% year over year
  • Net cash position after subtracting debt from cash

Watch-outs

  • Altman Z-Score 0.09 — elevated financial-distress risk
  • Thin interest coverage (0.0×)
  • Loss-making in 1 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

8 of 11 checks passed
  • Revenue growing+28.6% YoY
  • Profitable$907M TTM
  • Profit growing-116.4% YoY
  • Generates cash$1.85B TTM
  • Debt under controlmore cash than debt
  • Established company$15.2B market cap
  • Not printing shares-16.4% shares over ~5y
  • Proven track record4/5 profitable years
  • Financially stableAltman Z 0.1 — distress
  • Pays a dividendyield 3.23%
  • Valuation not extremeP/E 16.8
Peer comparisonCorebridge Financial, Inc. vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
CRBG this company$15.2B16.8+28.6%4.5%Strained
BRK.A Berkshire Hathaway Inc.$1.1T11.6+3.9%22.3%Mixed
BRK.B Berkshire Hathaway$1.1T11.6+0.0%18.0%Strong
JPM JPMorgan Chase & Co.$886.2B13.6+13.5%32.6%Strained
V VISA Inc.$723.9B31.9+14.4%50.8%Solid
MA Mastercard Incorporated$516.4B31.7+16.0%46.3%Mixed
BAC Bank of America Corporation$380.4B11.3+15.9%27.8%Mixed

Head-to-head: CRBG vs BRK.A · CRBG vs BRK.B · CRBG vs JPM

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 5Buy 12Hold 4

Appendix · Financial records

The full statements behind this CV, FY2021–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of CRBG on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $34.09 · market cap $15.2B.