Company Overview

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. It operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, high net worth 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. Corebridge Financial, Inc. operates as a subsidiary of American International Group, Inc.

  • Name

    Corebridge Financial, Inc.

  • CEO

    Mr. Kevin Timothy Hogan

  • Website

    www.corebridgefinancial.com

  • Sector

    Financial Services

  • Year Founded

    1998

Profile

  • Market Cap

    $15.75B

  • EV

    $27.67B

  • Shares Out

    592.01M

  • Revenue

    $18.41B

  • Employees

Margins

  • Gross

    22.42%

  • EBITDA

    9.79%

  • Operating

    8.57%

  • Pre-Tax

    11.78%

  • Net

    11.05%

  • FCF

    12.89%

Returns (5Yr Avg)

  • ROA

    1.25%

  • ROTA

    63.93%

  • ROE

    22%

  • ROCE

    1.74%

  • ROIC

    1.34%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $33.85

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $637M

  • Net Debt

    $11.1B

  • Debt/Equity

    0.99

  • EBIT/Interest

    2.87

Growth (CAGR)

  • Rev 3Yr

    8.24%

  • Rev 5Yr

    4.08%

  • Rev 10Yr

  • Dil EPS 3Yr

    19.58%

  • Dil EPS 5Yr

  • Dil EPS 10Yr

  • Rev Fwd 2Yr

    5.6%

  • EBITDA Fwd 2Yr

  • EPS Fwd 2Yr

    17.34%

  • EPS LT Growth Est

    15.39%

Dividends

  • Yield

  • Payout

    28.34%

  • DPS

    $0.92

  • DPS Growth 3Yr

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

    -37.68%

NYSE:CRBG