Corebridge Financial, Inc. (CRBG)

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.

Symbol
CRBG
Exchange
NYSE
Sector
Financial Services
Industry
Asset Management
Market cap
$15.11B
52 week range
22.19 - 35.64

Valuation

Share price
$33.89 (close of 2026-09-23)
P/E (TTM)
21.72x
Price to book
1.33x
Price to free cash flow
8.16x
Enterprise value
$25.62B
Book value per share
$25.51

Price performance

PeriodChange
1 day-2.61%
5 days-3.23%
1 month+6.07%
3 months+17.23%
6 months+42.94%
Year to date+12.33%
1 year+1.77%
3 years+74.42%
All time+63.56%

Profitability and growth

Return on equity
-2.62%
Return on assets
-0.09%
Net margin
-1.98%
EBITDA margin
3.20%
Revenue growth
-1.21%
Net income growth
-116.41%
Free cash flow growth
-6.04%

Cash flow and balance sheet

Free cash flow yield (TTM)
12.26%
Net debt to EBITDA
5.83x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$18.48B
EBITDA
$591.00M
Net income
$-366.00M
Earnings per share
$-0.68
Interest expense
$552.00M
Shares outstanding
539.30M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$18.48B$-366.00M$-0.68
2024-12-31$18.71B$2.23B$3.73
2023-12-31$18.80B$1.10B$1.72
2022-12-31$24.70B$8.16B$12.63
2021-12-31$23.26B$8.24B$11.80
2020-12-31$15.06B$642.00M$1.00

Margins and returns by year

Period endNet marginReturn on equity
2025-12-31-1.98%-2.62%
2024-12-3111.92%18.09%
2023-12-315.87%8.74%
2022-12-3133.04%79.07%
2021-12-3135.44%28.43%
2020-12-314.26%1.61%

Cash and debt by year

Period endCashDebt
2025-12-31$453.00M-
2024-12-31$824.00M-
2023-12-31$628.00M-
2022-12-31$633.00M$7.87B
2021-12-31$601.00M$427.00M
2021-01-01$918.00M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$2.02B$67.00M
2024-12-31$2.15B$58.00M
2023-12-31$3.36B$60.00M
2022-12-31$2.62B$75.00M
2021-12-31$2.40B$88.00M
2020-12-31$3.33B$74.00M

Dividend history

Most recent payment
2026-09-16
Paid in the last twelve months
$0.99
Payment dateDividend per share
2026-09-16$0.25
2026-06-16$0.25
2026-03-17$0.25
2025-12-17$0.24
2025-09-16$0.24
2025-06-16$0.24
2025-03-17$0.24
2024-12-17$0.23

Investor relations

Next earnings report

Next confirmed report
2026-11-02
Consensus EPS estimate
$1.20

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-04Jun/2026$1.08
2026-05-04--
2026-02-09--
2025-11-03--
2025-08-04--
2025-07-29--
2025-05-05--
2025-05-01--

Filings and sources

Company website
corebridgefinancial.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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