Corebridge Financial, Inc.
NYSE-CRBG
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
$16B
EV
$27.91B
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%