CRBG Chart
About

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index and registered index-linked, and variable annuities. The Group Retirement segment offers in-plan products and services comprising an open architecture recordkeeping platform that allows plan participants to allocate money to a variety of mutual fund options or a fixed interest account; flexible group variable and fixed annuity; and in-plan investment advisory services. It also provides out-of-plan products and services, including proprietary and non-proprietary annuities; investment advisory solutions, such as fiduciary, fee-based investments; and brokerage services for non-proprietary variable annuity, securities, life insurance, mutual funds, and 529 plans. The Life Insurance segment offers term, whole, index universal, and guaranteed universal life insurance products. The Institutional Markets segment provides defined contribution and bank-owned life insurance stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank-owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Asset Management Market Cap 12.42B
Enterprise Value 22.48B Income -366.00M Sales 18.62B
Book/sh 25.60 Cash/sh 12.70 Dividend Yield 3.94%
Payout 64.63% Employees 4800 IPO
P/E Forward P/E 4.17 PEG
P/S 0.67 P/B 0.96 P/C
EV/EBITDA 18.94 EV/Sales 1.21 Quick Ratio 0.24
Current Ratio 1.25 Debt/Eq 110.93 LT Debt/Eq
EPS (ttm) -0.68 EPS next Y 5.91 EPS Growth -58.10%
Revenue Growth 5.70% Earnings 2026-05-04 ROA 0.10%
ROE -2.97% ROIC Gross Margin 15.62%
Oper. Margin 15.12% Profit Margin -1.97% Shs Outstand 481.69M
Shs Float 270.72M Short Float 15.30% Short Ratio 6.34
Short Interest 52W High 36.57 52W Low 23.69
Beta 1.01 Avg Volume 4.89M Volume 2.12M
Target Price $36.92 Recom Buy Prev Close $25.25
Price $24.62 Change -2.50%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$36.92
Mean price target
2. Current target
$24.62
Latest analyst target
3. DCF / Fair value
$-15.94
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$24.62
Low
$32.00
High
$42.00
Mean
$36.92

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-10 main TD Cowen Buy → Buy $35
2026-03-03 main Morgan Stanley Equal-Weight → Equal-Weight $32
2026-02-25 main Wells Fargo Overweight → Overweight $36
2026-02-10 main Barclays Overweight → Overweight $34
2026-02-10 main Evercore ISI Group Outperform → Outperform $37
2026-01-13 main Wells Fargo Overweight → Overweight $37
2026-01-08 main Barclays Overweight → Overweight $35
2026-01-08 main UBS Neutral → Neutral $33
2026-01-05 main JP Morgan Neutral → Neutral $39
2025-12-16 init Mizuho — → Outperform $38
2025-11-17 down Morgan Stanley Overweight → Equal-Weight $33
2025-11-05 main Wells Fargo Overweight → Overweight $43
2025-11-05 main Evercore ISI Group Outperform → Outperform $37
2025-10-10 init Wolfe Research — → Peer Perform
2025-10-09 main Keefe, Bruyette & Woods Outperform → Outperform $41
2025-10-09 main Evercore ISI Group Outperform → Outperform $38
2025-10-08 main Barclays Overweight → Overweight $39
2025-10-08 main Wells Fargo Overweight → Overweight $44
2025-10-07 main Morgan Stanley Overweight → Overweight $39
2025-09-05 main Barclays Overweight → Overweight $46
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 6470 Stock Award(Grant) at price 0.00 per share. SMITH CHRISTOPHER BRIAN Chief Operating Officer 2026-02-19 00:00:00 D
1 6874 Stock Award(Grant) at price 0.00 per share. CALDWELL STEVEN DOUGLAS JR. Officer 2026-02-19 00:00:00 D
2 6874 Stock Award(Grant) at price 0.00 per share. BYRNE JOHN P Officer 2026-02-19 00:00:00 D
3 10514 Stock Award(Grant) at price 0.00 per share. PINSKY BRYAN A Officer 2026-02-19 00:00:00 D
4 9301 Stock Award(Grant) at price 0.00 per share. CROPPER ELIZABETH B Officer 2026-02-19 00:00:00 D
5 64703 Stock Award(Grant) at price 0.00 per share. COSTANTINI MARC Chief Executive Officer 2026-02-19 00:00:00 D
6 14153 Stock Award(Grant) at price 0.00 per share. KLANE POLLY N. General Counsel 2026-02-19 00:00:00 D
7 3639 Stock Award(Grant) at price 0.00 per share. MILLER AMBER Officer 2026-02-19 00:00:00 D
8 15367 Stock Award(Grant) at price 0.00 per share. NOVAK JONATHAN JOSEPH Officer 2026-02-19 00:00:00 D
9 10514 Stock Award(Grant) at price 0.00 per share. FIEDLER TERRI N Officer 2026-02-19 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.0052.43M141.96M-192.00K
TaxRateForCalcs0.280.210.210.19
NormalizedEBITDA-5.34B
TotalUnusualItems0.00245.00M676.00M-1.00M
TotalUnusualItemsExcludingGoodwill0.00245.00M676.00M-1.00M
NetIncomeFromContinuingOperationNetMinorityInterest-366.00M2.23B1.10B8.16B
ReconciledDepreciation556.00M193.00M366.00M585.00M
ReconciledCostOfRevenue13.66B
EBITDA11.08B
EBIT11.00M3.36B1.52B11.03B
NetInterestIncome-552.00M-554.00M-580.00M-534.00M
InterestExpense552.00M554.00M580.00M534.00M
InterestIncome2.89B2.68B2.36B1.88B
NormalizedIncome-366.00M2.04B569.96M8.16B
NetIncomeFromContinuingAndDiscontinuedOperation-366.00M2.23B1.10B8.16B
TotalExpenses18.56B16.18B18.07B15.28B
DilutedAverageShares539.30M599.00M645.20M647.40M
BasicAverageShares539.30M561.49M643.30M646.10M
DilutedEPS-0.683.721.7112.60
BasicEPS-0.683.971.7212.63
DilutedNIAvailtoComStockholders-366.00M2.23B1.10B8.16B
NetIncomeCommonStockholders-366.00M2.23B1.10B8.16B
NetIncome-366.00M2.23B1.10B8.16B
MinorityInterests24.00M27.00M68.00M-320.00M
NetIncomeIncludingNoncontrollingInterests-390.00M2.20B1.04B8.48B
NetIncomeContinuousOperations-390.00M2.20B1.04B8.48B
TaxProvision-151.00M600.00M-96.00M2.01B
PretaxIncome-541.00M2.80B940.00M10.49B
OtherIncomeExpense208.00M429.00M417.00M550.00M
SpecialIncomeCharges0.00245.00M676.00M-1.00M
GainOnSaleOfPPE3.08B
OtherSpecialCharges-245.00M-676.00M1.00M-2.89B
GainOnSaleOfSecurity13.55B
NetNonOperatingInterestIncomeExpense-552.00M-554.00M-580.00M-534.00M
InterestExpenseNonOperating552.00M554.00M580.00M534.00M
OperatingIncome-5.90B
OperatingExpense2.10B
OtherOperatingExpenses22.00M48.00M204.00M120.00M
SellingGeneralAndAdministration2.00B2.02B2.28B2.32B
GeneralAndAdministrativeExpense2.00B2.02B2.28B2.32B
OtherGandA2.00B2.02B2.28B2.32B
GrossProfit-3.79B
CostOfRevenue13.66B
TotalRevenue18.02B18.98B19.01B25.77B
OperatingRevenue18.02B18.98B19.01B25.77B
LossAdjustmentExpense8.17B6.63B9.36B6.72B
NetPolicyholderBenefitsAndClaims8.17B6.63B9.36B6.72B
PolicyholderBenefitsGross8.17B6.63B9.36B6.72B
PolicyholderBenefitsCeded2.15B2.61B
Line Item2025-12-312024-12-312023-12-31
TreasurySharesNumber153.82M88.70M26.48M
OrdinarySharesNumber496.37M561.49M621.66M645.00M
ShareIssued650.19M650.19M648.15M645.00M
NetDebt10.46B11.59B11.26B14.77B
TotalDebt10.91B12.39B11.87B15.33B
TangibleBookValue12.71B11.46B11.77B9.38B
InvestedCapital23.61B23.85B23.64B24.71B
WorkingCapital4.58B
NetTangibleAssets13.20B11.46B11.77B9.38B
CommonStockEquity12.71B11.46B11.77B9.38B
PreferredStockEquity493.00M
TotalCapitalization24.11B22.75B23.39B23.21B
TotalEquityGrossMinorityInterest13.96B12.33B12.63B10.32B
MinorityInterest759.00M864.00M869.00M939.00M
StockholdersEquity13.20B11.46B11.77B9.38B
GainsLossesNotAffectingRetainedEarnings-9.45B-13.68B-13.46B-16.86B
OtherEquityAdjustments-9.45B-13.68B-13.46B-16.86B
TreasuryStock4.38B2.28B503.00M0.00
RetainedEarnings18.37B19.26B17.57B18.21B
AdditionalPaidInCapital8.16B8.16B8.15B8.03B
CapitalStock500.00M7.00M6.00M6.00M
CommonStock7.00M7.00M6.00M6.00M
PreferredStock493.00M0.00
TotalLiabilitiesNetMinorityInterest399.59B377.07B366.63B350.00B
TotalNonCurrentLiabilitiesNetMinorityInterest343.82B
OtherNonCurrentLiabilities336.46B
LongTermDebtAndCapitalLeaseObligation10.91B11.29B11.62B13.83B
LongTermDebt10.91B11.29B11.62B13.83B
CurrentLiabilities43.46B
CurrentDebtAndCapitalLeaseObligation0.001.10B250.00M1.50B
CurrentDebt0.001.10B250.00M1.50B
CurrentNotesPayable0.001.10B250.00M1.50B
PayablesAndAccruedExpenses23.65B24.29B25.96B26.55B
Payables23.65B24.29B25.96B26.55B
OtherPayable23.65B24.29B25.96B26.55B
AccountsPayable35.14B
TotalAssets413.55B389.40B379.27B360.32B
TotalNonCurrentAssets368.17B
OtherNonCurrentAssets143.82B
NonCurrentDeferredAssets12.89B
NonCurrentDeferredTaxesAssets4.84B
InvestmentsAndAdvances200.54B181.14B175.50B165.13B
OtherInvestments8.22B
InvestmentinFinancialAssets200.89B
HeldToMaturitySecurities200.65B
AvailableForSaleSecurities242.00M
InvestmentProperties2.35B
CurrentAssets48.04B
Receivables648.00M713.00M594.00M916.00M
OtherReceivables1.76B
LoansReceivable39.39B
AccountsReceivable648.00M713.00M594.00M916.00M
AllowanceForDoubtfulAccountsReceivable-1.00M
GrossAccountsReceivable885.00M
CashCashEquivalentsAndShortTermInvestments66.54B176.63B171.47B161.75B
OtherShortTermInvestments66.09B175.82B170.86B161.19B
CashAndCashEquivalents447.00M806.00M612.00M552.00M
CashFinancial537.00M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow2.02B2.15B3.36B2.62B
RepurchaseOfCapitalStock-2.12B-1.79B-498.00M0.00
RepaymentOfDebt-1.67B-1.23B-1.78B-9.54B
IssuanceOfDebt153.00M1.56B1.46B9.91B
IssuanceOfCapitalStock493.00M1.00M0.000.00
InterestPaidSupplementalData584.00M538.00M583.00M472.00M
IncomeTaxPaidSupplementalData192.00M252.00M20.00M1.10B
EndCashPosition453.00M824.00M628.00M633.00M
OtherCashAdjustmentOutsideChangeinCash0.000.00-3.00M0.00
BeginningCashPosition824.00M628.00M633.00M601.00M
EffectOfExchangeRateChanges1.00M1.00M3.00M-10.00M
ChangesInCash-372.00M195.00M-5.00M42.00M
FinancingCashFlow10.94B9.58B2.11B4.67B
CashFlowFromContinuingFinancingActivities10.94B9.58B2.11B4.67B
NetOtherFinancingCharges13.12B11.02B5.20B5.83B
CashDividendsPaid-511.00M-544.00M-1.72B-876.00M
CommonStockDividendPaid-511.00M-544.00M-1.72B-876.00M
NetPreferredStockIssuance493.00M0.000.00
PreferredStockIssuance493.00M0.000.00
NetCommonStockIssuance-2.12B-1.79B-498.00M0.00
CommonStockPayments-2.12B-1.79B-498.00M0.00
CommonStockIssuance0.001.00M0.000.00
NetIssuancePaymentsOfDebt-1.51B328.00M-324.00M369.00M
NetShortTermDebtIssuance-1.10B-250.00M-1.25B-6.80B
ShortTermDebtPayments-1.10B-250.00M-1.25B-8.31B
ShortTermDebtIssuance0.000.001.51B345.00M
NetLongTermDebtIssuance-413.00M578.00M926.00M7.17B
LongTermDebtPayments-566.00M-982.00M-535.00M-1.23B
LongTermDebtIssuance153.00M1.56B1.46B8.40B
InvestingCashFlow-13.33B-11.54B-5.48B-7.25B
CashFlowFromContinuingInvestingActivities-13.33B-11.54B-5.48B-7.25B
NetOtherInvestingChanges17.00M-156.00M262.00M-287.00M
NetInvestmentPurchaseAndSale-12.38B-5.59B-3.48B-470.00M
SaleOfInvestment38.65B27.21B18.61B25.14B
PurchaseOfInvestment-51.04B-32.80B-22.09B-25.61B
NetBusinessPurchaseAndSale0.00577.00M742.00M-107.00M
SaleOfBusiness0.00577.00M747.00M0.00
PurchaseOfBusiness0.000.00-5.00M-107.00M
OperatingCashFlow2.02B2.15B3.36B2.62B
CashFlowFromContinuingOperatingActivities2.02B2.15B3.36B2.62B
ChangeInWorkingCapital-1.06B-1.22B801.00M-6.13B
ChangeInOtherWorkingCapital-692.00M-230.00M753.00M1.34B
ChangeInOtherCurrentAssets-1.00B
ChangeInReceivables-116.00M912.00M169.00M
ChangesInAccountReceivables226.00M
OtherNonCashItems341.00M
UnrealizedGainLossOnInvestmentSecurities1.80B39.00M1.45B-617.00M
AssetImpairmentCharge52.00M69.00M69.00M25.00M
DepreciationAmortizationDepletion562.00M
DepreciationAndAmortization556.00M193.00M366.00M585.00M
OperatingGainsLosses1.06B869.00M-364.00M281.00M
EarningsLossesFromEquityInvestments10.00M65.00M8.00M-97.00M
GainLossOnInvestmentSecurities1.05B1.05B304.00M377.00M
GainLossOnSaleOfBusiness0.00-245.00M-676.00M1.00M
NetIncomeFromContinuingOperations-390.00M2.20B1.04B8.48B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CRBG
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status