TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 3.0B
Net Income -668.0M -22.24%
EPS (Diluted) $-1.20

Balance Sheet Metrics

Total Assets 390.0B
Total Liabilities 377.2B
Shareholders Equity 12.8B
Debt to Equity 29.39

Cash Flow Metrics

Operating Cash Flow -1.0B
Free Cash Flow 375.0M

Revenue & Profitability Trend

Corebridge Financial Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i19.1B19.1B25.8B23.6B15.1B
Cost of Goods Sold i---13.7B11.6B
Gross Profit i----3.8B-3.3B
Gross Margin % i0.0%0.0%0.0%-16.1%-21.9%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i2.1B2.4B2.3B2.1B2.0B
Other Operating Expenses i48.0M204.0M120.0M-141.0M-
Total Operating Expenses i2.1B2.6B2.4B2.0B2.0B
Operating Income i----5.9B-5.3B
Operating Margin % i0.0%0.0%0.0%-25.0%-35.4%
Non-Operating Items
Interest Income i-----
Interest Expense i554.0M580.0M534.0M389.0M490.0M
Other Non-Operating Income429.0M417.0M550.0M578.0M519.0M
Pre-tax Income i2.8B940.0M10.5B11.3B851.0M
Income Tax i600.0M-96.0M2.0B2.1B-15.0M
Effective Tax Rate % i21.4%-10.2%19.2%18.5%-1.8%
Net Income i2.2B1.0B8.5B9.2B866.0M
Net Margin % i11.6%5.4%32.9%38.9%5.7%
Key Metrics
EBITDA i----5.3B-5.0B
EPS (Basic) i$3.97$1.72$12.63$12.78$1.00
EPS (Diluted) i$3.72$1.71$12.60$12.78$1.00
Basic Shares Outstanding i561485033643300000646100000645000000645000000
Diluted Shares Outstanding i561485033643300000646100000645000000645000000

Income Statement Trend

Corebridge Financial Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i806.0M612.0M552.0M537.0M654.0M
Short-term Investments i63.1B170.9B161.2B204.0B207.2B
Accounts Receivable i713.0M594.0M916.0M884.0M860.0M
Inventory i-----
Other Current Assets-----
Total Current Assets i---48.0B50.8B
Non-Current Assets
Property, Plant & Equipment i-----
Goodwill i-----
Intangible Assets i-----
Long-term Investments-----
Other Non-Current Assets---156.7B146.6B
Total Non-Current Assets i---368.2B359.3B
Total Assets i389.4B--416.2B410.2B
Liabilities
Current Liabilities
Accounts Payable i---35.1B36.8B
Short-term Debt i1.1B250.0M1.5B8.3B0
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i---43.5B36.8B
Non-Current Liabilities
Long-term Debt i11.3B11.6B13.8B7.4B11.2B
Deferred Tax Liabilities i-----
Other Non-Current Liabilities---336.5B322.3B
Total Non-Current Liabilities i---343.8B333.5B
Total Liabilities i377.1B--387.3B370.3B
Equity
Common Stock i7.0M6.0M6.0M6.0M6.0M
Retained Earnings i19.3B17.6B18.2B8.9B0
Treasury Stock i2.3B503.0M0--
Other Equity-----
Total Shareholders Equity i12.3B12.6B10.3B28.9B39.8B
Key Metrics
Total Debt i12.4B11.9B15.3B15.7B11.2B
Working Capital i0004.6B14.1B

Balance Sheet Composition

Corebridge Financial Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i2.2B1.0B8.5B9.2B866.0M
Depreciation & Amortization i---562.0M325.0M
Stock-Based Compensation i-----
Working Capital Changes i-230.0M637.0M2.3B-1.2B-49.0M
Operating Cash Flow i2.0B1.7B10.7B8.9B1.2B
Investing Activities
Capital Expenditures i-----
Acquisitions i577.0M742.0M-107.0M1.1B0
Investment Purchases i-32.8B-22.1B-25.6B-41.2B-39.0B
Investment Sales i27.2B18.6B25.1B39.6B30.9B
Investing Cash Flow i-5.2B-2.5B-864.0M-683.0M-8.4B
Financing Activities
Share Repurchases i-1.8B-498.0M00-
Dividends Paid i-544.0M-1.7B-876.0M-1.6B-472.0M
Debt Issuance i1.6B1.5B8.4B4.7B2.3B
Debt Repayment i-1.2B-1.8B-9.5B-5.9B-2.5B
Financing Cash Flow i8.8B1.4B-3.0B-1.0B4.0B
Free Cash Flow i2.2B3.4B2.6B2.4B3.3B
Net Change in Cash i5.6B609.0M6.9B7.2B-3.1B

Cash Flow Trend

Corebridge Financial Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 30.63
Forward P/E 5.82
Price to Book 1.44
Price to Sales 1.09
PEG Ratio -0.10

Profitability Ratios

Profit Margin -2.10%
Operating Margin -9.46%
Return on Equity -2.32%
Return on Assets 0.19%

Financial Health

Current Ratio 1.26
Debt to Equity 108.96
Beta 0.92

Per Share Data

EPS (TTM) $-0.68
Book Value per Share $22.65
Revenue per Share $28.41

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
crbg18.1B30.631.44-2.32%-2.10%108.96
BlackRock 179.7B28.093.6613.92%29.69%28.51
Brookfield 103.4B232.592.460.95%0.73%156.81
Brookfield Asset 97.1B40.4211.0120.76%55.92%11.33
Ameriprise 49.1B17.708.0858.24%17.74%53.93
State Street 33.7B13.081.4010.95%21.39%1.96

Financial data is updated regularly. All figures are in the company's reporting currency.