Corebridge Financial Inc. (CRBG) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$1.08	$1.12	+3.7%	—	$3.8B	—
Q1 26	$1.03	$1.05	+1.9%	—	$3.6B	—
Q4 25	$1.11	$1.22	+9.9%	—	$6.7B	—
Q3 25	$1.05	$0.27	-74.3%	—	$5.1B	—
Q2 25	$1.11	-$1.2	-208.1%	—	$3B	—
Q1 25	$1.14	$1.16	+1.8%	—	$3.2B	—
Q4 24	$1.2	$1.23	+2.5%	—	$7.1B	—
Q3 24	$1.16	$1.38	+19.0%	—	$2B	—
Q2 24	$1.08	$1.13	+4.6%	—	$3.7B	—
Q1 24	$1.05	$1.1	+4.8%	—	$6.2B	—
Q4 23	$0.97	$1.04	+7.2%	—	$2.9B	—
Q3 23	$1.03	$1.05	+1.9%	—	$6B	—
Q2 23	$0.93	$1.04	+11.8%	—	$6.1B	—
Q1 23	$0.82	$0.97	+18.3%	—	$4.1B	—
Q4 22	$0.68	$0.88	+29.4%	—	$3.8B	—
Q3 22	$0.5	$0.57	+14.0%	—	$7B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$0.68	—	—	$18B	—
FY24	—	$3.97	—	—	$19.1B	—
FY23	—	$1.72	—	—	$19.1B	—
FY22	—	$12.6	—	—	$25.8B	—
FY21	—	$12.8

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$13.2B	$15.1B	$23.6B	$25.8B	$19.1B	$19.1B	$18B
YoY change	—	+14%	+56.4%	+9.39%	-25.9%	-0.17%	-5.44%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	13.2B	15.1B	23.6B	25.8B	19.1B	19.1B	18B
Cost of revenue	10.5B	11.6B	13.7B	—	—	—	—
Gross profit	-3B	-3.3B	-3.8B	—	—	—	—
Gross margin	-22.8%	-21.9%	-16.1%	—	—	—	—
Research & development	—	—	—	—	—	—	—
Selling, general & administrative	2B	2B	2.1B	2.3B	2.4B	2.1B	2B
Operating expenses	2B	2B	2B	2.4B	2.6B	2.1B	2B
Operating income	-5B	-5.3B	-5.9B	—	—	—	—
Operating margin	-37.7%	-35.4%	-25%	—	—	—	—
Non-operating income, net	497M	519M	578M	550M	417M	429M	208M
Pretax income	139M	851M	11.3B	10.5B	940M	2.8B	-541M
Income tax	-168M	-15M	2.1B	2B	-96M	600M	-151M
Net income	307M	866M	9.2B	8.5B	1B	2.2B	-390M
Net margin	2.32%	5.75%	38.9%	32.9%	5.43%	11.6%	-2.16%
EBITDA	-4.7B	-5B	-5.3B	—	—	—	—
EPS	0.08	1	12.8	12.6	1.72	3.97	-0.68
Diluted EPS	0.08	1	12.8	12.6	1.71	3.72	-0.68

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	6B	2.9B	6.2B	3.7B	2B	7.1B	3.2B	3B	5.1B	6.7B	3.6B	3.8B
Cost of revenue	—	—	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	611M	563M	572M	532M	492M	494M	544M	535M	481M	478M	468M	466M
Operating expenses	661M	608M	584M	571M	505M	478M	562M	516M	503M	479M	501M	503M
Operating income	—	—	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	107M	93M	99M	77M	172M	81M	81M	75M	43M	9M	23M	25M
Pretax income	2.5B	-1.8B	1B	456M	-1.6B	2.9B	-862M	-608M	-42M	971M	97M	52M
Income tax	392M	-432M	189M	115M	-407M	703M	-205M	60M	-179M	173M	158M	50M
Net income	2.1B	-1.3B	827M	341M	-1.2B	2.2B	-657M	-668M	137M	798M	-61M	2M
Net margin	34.6%	-45.6%	13.3%	9.16%	-58.6%	31.3%	-20.4%	-22.2%	2.67%	11.9%	-1.69%	0.05%
EBITDA	—	—	—	—	—	—	—	—	—	—	—	—
EPS	3.29	—	1.41	0.6	-2.02	3.87	-1.19	-1.2	0.27	—	-0.11	-0.04
Diluted EPS	3.28	—	1.41	0.59	-2.02	3.8	-1.19	-1.2	0.27	—	-0.11	-0.04

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	13B	13.9B	—	16.3B	15.1B
Enterprise value	—	—	—	-133.5B	-145.7B	—	-39.4B	26.3B
Shares outstanding	645M	645M	645M	646.1M	643.3M	561.5M	539.3M	539.3M

Valuation

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	1.53	13.4	—	—	22.4
P/S	—	—	—	0.5	0.73	—	0.9	0.8
P/B	—	—	—	1.26	1.1	—	1.17	1.53
EV/EBITDA	—	—	—	—	—	—	—	9.72
EV/Sales	—	—	—	-5.18	-7.63	—	-2.18	1.35
Earnings yield	—	—	—	65.4%	7.44%	—	—	4.47%
FCF yield	—	—	—	20.2%	24.1%	—	12.4%	4.27%
PEG	—	—	—	—	—	—	—	-0.23

Profitability

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	-22.8%	-21.9%	-16.1%	—	—	—	—	—
Operating margin	-37.7%	-35.4%	-25%	—	—	—	—	11.1%
Net margin	2.32%	5.75%	38.9%	32.9%	5.43%	11.6%	-2.16%	4.65%
ROE	—	2.17%	31.7%	82.2%	8.2%	17.9%	-2.79%	7.14%
ROA	—	0.21%	2.2%	—	—	0.57%	-0.09%	0.31%
ROIC	—	3.4%	3.01%	—	—	—	—	—
Return on tangible assets	—	0.21%	2.2%	—	—	0.57%	-0.09%	0.21%

Financial health

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	—	1.38	1.11	—	—	—	—	1.22
Quick ratio	—	1.38	1.11	—	—	—	—	—
Debt / equity	—	0.28	0.54	1.49	0.94	1.01	0.78	1.27
Debt / assets	—	0.03	0.04	—	—	0.03	0.03	0.03
Net debt / EBITDA	—	39.3	35.4	—	—	—	—	3.52
Interest coverage	1.25	2.74	29.9	20.6	2.62	6.06	0.02	3.04
Effective tax rate	0%	0%	18.5%	19.2%	0%	21.4%	0%	18.7%

Per share

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	20.5	23.4	36.5	39.9	29.7	33.9	33.4	39.5
EPS (basic)	0.08	1	12.8	12.6	1.72	3.97	-0.68	-0.68
EPS (diluted)	0.08	1	12.8	12.6	1.71	3.72	-0.68	1.56
Book value per share	—	61.8	44.8	16	19.6	22	25.9	22.8
FCF per share	3.79	5.16	3.73	4.06	5.22	3.83	3.75	4.08
Cash per share	—	322.2	317.2	250.3	266.6	113.8	123.4	11.1

Capital allocation

Metric	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Payout ratio	529%	54.5%	17.2%	10.3%	166.2%	24.7%	-131%	62.8%
Dividend yield	—	—	—	6.76%	12.4%	—	3.14%	2.96%

Yield

2.96%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.25

ex-dividend Sep 16, 2026

Payout ratio

63%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 16, 2026	$0.25
Jun 16, 2026	$0.25
Mar 17, 2026	$0.25
Dec 17, 2025	$0.24
Sep 16, 2025	$0.24
Jun 16, 2025	$0.24
Mar 17, 2025	$0.24
Dec 17, 2024	$0.23

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	207.8B	204.6B	161.7B	171.5B	63.9B	66.5B
Receivables	860M	884M	916M	594M	713M	648M
Inventory	—	—	—	—	—	—
Total current assets	50.8B	48B	—	—	—	—
Property, plant & equipment	—	—	—	—	—	—
Goodwill & intangibles	—	—	—	—	—	—
Total assets	410.2B	416.2B	—	—	389.4B	413.5B
Accounts payable	36.8B	35.1B	—	—	—	—
Short-term debt	0	8.3B	1.5B	250M	1.1B	0
Total current liabilities	36.8B	43.5B	—	—	—	—
Long-term debt	11.2B	7.4B	13.8B	11.6B	11.3B	10.9B
Total liabilities	370.3B	387.3B	—	—	377.1B	399.6B
Shareholders' equity	39.8B	28.9B	10.3B	12.6B	12.3B	14B
Total debt	11.2B	15.7B	15.3B	11.9B	12.4B	10.9B
Net debt	10.6B	15.1B	14.8B	11.3B	11.6B	10.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	156.7B	171.5B	61.5B	64.5B	66B	63.9B	65.2B	63.2B	64.5B	66.5B	65.3B	66B
Receivables	717M	594M	586M	620M	690M	713M	668M	674M	621M	648M	534M	464M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	—	—	—	—	—	—	—	—	—	—	—	—
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	—	—	385.6B	382.5B	399.4B	389.4B	390B	399.2B	411.3B	413.5B	407.1B	415.8B
Accounts payable	—	—	—	—	—	—	—	—	—	—	—	—
Short-term debt	1B	250M	250M	250M	0	1.1B	1.1B	101M	0	0	—	1.3B
Total current liabilities	—	—	—	—	—	—	—	—	—	—	—	—
Long-term debt	11B	11.6B	11.6B	11.5B	12B	11.3B	11.2B	11.2B	11B	10.9B	10.9B	9.6B
Total liabilities	—	—	373.2B	370.7B	385B	377.1B	377.2B	386B	397B	399.6B	395.5B	404.4B
Shareholders' equity	9.3B	12.6B	12.4B	11.8B	14.4B	12.3B	12.8B	13.2B	14.3B	14B	11.5B	11.4B
Total debt	12B	11.9B	11.9B	11.7B	12B	12.4B	12.3B	11.3B	11B	10.9B	10.9B	10.9B
Net debt	11.4B	11.3B	11.5B	11.1B	11.5B	11.6B	11.9B	11.1B	10.7B	10.5B	10.6B	10.5B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	307M	866M	9.2B	8.5B	1B	2.2B	-390M
Depreciation & amortization	294M	325M	562M	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—
Change in working capital	574M	-49M	-1.2B	2.3B	637M	-230M	-692M
Operating cash flow	1.3B	1.2B	8.9B	10.7B	1.7B	2B	2B
Capital expenditure	—	—	—	—	—	—	—
Investing cash flow	-6.1B	-8.4B	-683M	-864M	-2.5B	-5.2B	-12.4B
Dividends paid	-1.6B	-472M	-1.6B	-876M	-1.7B	-544M	-511M
Share repurchases	—	—	0	0	-498M	-1.8B	-2.1B
Financing cash flow	6B	4B	-1B	-3B	1.4B	8.8B	8.4B
Net change in cash	1.2B	-3.1B	7.2B	6.9B	609M	5.6B	-2B
Free cash flow	2.4B	3.3B	2.4B	2.6B	3.4B	2.2B	2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	2.1B	-1.3B	827M	341M	-1.2B	2.2B	-657M	-668M	137M	798M	-61M	2M
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	1.3B	-1.1B	-131M	-393M	-778M	1.1B	-365M	-258M	-379M	310M	283M	-179M
Operating cash flow	3.3B	-2.4B	696M	-52M	-2B	3.3B	-1B	-259M	24M	1.9B	-9M	-44M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	-1.8B	-1.7B	-1.5B	-557M	-3.7B	550M	-3.6B	-2.3B	-3.6B	-2.9B	-2.5B	1.2B
Dividends paid	-146M	-876M	-143M	-139M	-133M	-129M	-133M	-131M	-128M	-119M	-114M	-130M
Share repurchases	-46M	-252M	-243M	-436M	-715M	-398M	-321M	-311M	-380M	-1.1B	-1.3B	-300M
Financing cash flow	456M	-1B	719M	3.6B	2.3B	2.2B	2.5B	3.4B	2.5B	926M	748M	1.1B
Net change in cash	2B	-5.1B	-80M	3B	-3.3B	6B	-2.1B	831M	-1B	-124M	-1.7B	2.2B
Free cash flow	1B	767M	598M	-9M	83M	1.5B	375M	-259M	24M	1.9B	-9M	-44M

Corebridge Financial Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement