Corebridge Financial, Inc. (CRBG) AI Stock Analysis

• Market Cap: $17.03B
• Dividend Yield: 3%
• Average Volume (3M): 4.34M
• Price to Earnings (P/E): 27.5
• Beta (1Y): 1.12
• Revenue Growth: -18.21%
• EPS Growth: -116.73%
• Country: US
• Employees: 5,200
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 1.36
• Shares Outstanding: 538,480,350
• 10 Day Avg. Volume: 3,439,190
• 30 Day Avg. Volume: 4,340,259
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.86
• Enterprise Value/Revenue: 2.39
• Enterprise Value/Gross Profit: 6.14
• Enterprise Value/Ebitda: 45.10
• 1Y Price Target: $41.36
• Price Target Upside: 30.76% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 13

• Rating: 52 Neutral
• Price Target: $34.00 ▲(7.49% Upside)

Corebridge Financial, Inc. faces significant financial challenges with declining revenue and profitability, which heavily impacts its overall score. Technical indicators suggest weak momentum, and valuation is a concern due to negative earnings. However, the positive sentiment from the earnings call, with strong financial performance and strategic actions, provides some optimism for future growth.

Positive Factors

Transformative Reinsurance Transaction

This transaction enhances financial flexibility and shareholder value through significant share repurchases, indicating strategic capital management.

Record Individual Retirement Sales

Strong sales in retirement products, especially new offerings, demonstrate effective market penetration and product innovation, supporting revenue growth.

Life Insurance Growth

Growth in life insurance margins and income reflects operational efficiency and strong demand, contributing positively to the company's financial health.

Negative Factors

Declining Revenue

A substantial decline in revenue growth indicates challenges in maintaining market share and could impact long-term profitability and business sustainability.

Base Spread Income Challenges

Declining base spread income due to external rate changes and outflows may pressure earnings, affecting the company's ability to generate stable income.

Negative Profit Margins

Negative profit margins highlight operational inefficiencies and profitability challenges, potentially affecting long-term financial stability and growth.

Corebridge Financial, Inc. Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Corebridge Financial generates revenue through multiple streams, including premiums from life insurance policies, fees from retirement annuities, and investment income from managed assets. The company earns significant income from the sale of various insurance products, with a focus on life and health insurance, where it collects premiums over time. Additionally, Corebridge receives fees for managing retirement accounts and investment products, which can include administrative fees, investment management fees, and performance-based fees. Strategic partnerships with financial advisors and institutions also enhance its distribution capabilities, further contributing to its earnings. The company's emphasis on customer-centric solutions and effective risk management plays a vital role in sustaining its revenue growth.

Corebridge Financial, Inc. Financial Statement Overview

Summary

Corebridge Financial's financial performance is mixed. While there are improvements in operational efficiency with better EBIT and EBITDA margins, the company faces challenges with negative revenue growth and declining free cash flow growth. The balance sheet is stable but shows potential vulnerabilities due to low equity levels.

Income Statement

Corebridge Financial demonstrates a mixed income statement performance. The TTM (Trailing-Twelve-Months) revenue growth is negative, following a previous year's decline. The gross profit margin is negative, indicating cost challenges. However, the net profit margin is positive, and the company has improved its EBIT and EBITDA margins compared to the previous year, suggesting some operational efficiency improvements.

Balance Sheet

The balance sheet shows Corebridge Financial has a reasonable debt-to-equity ratio, indicating moderate leverage. The equity ratio is low, highlighting potential risks in financial stability. The ROE is positive and growing, reflecting good profitability relative to shareholder equity. Overall, the balance sheet reflects a stable but cautious picture of the company's financial health.

Cash Flow

Cash flow analysis reveals that Corebridge Financial's free cash flow is positive, but the growth rate is negative. The operating cash flow to net income ratio is healthy, suggesting good cash generation relative to net income. However, the decline in free cash flow growth could be a concern for future liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.30B	2.68B	18.62B	26.68B	22.93B	15.06B
Gross Profit	5.17B	2.12B	18.32B	1.34B	9.73B	3.47B
EBITDA	704.00M	3.55B	1.47B	11.06B	11.08B	1.34B
Net Income	-337.00M	2.23B	1.10B	8.16B	8.24B	642.00M
Balance Sheet
Total Assets	399.16B	389.40B	379.27B	360.32B	416.21B	410.15B
Cash, Cash Equivalents and Short-Term Investments	4.10B	63.92B	171.47B	161.75B	204.58B	207.83B
Total Debt	9.46B	12.39B	11.87B	15.33B	15.68B	11.25B
Total Liabilities	385.99B	377.07B	366.63B	350.00B	387.28B	370.32B
Stockholders Equity	12.30B	11.46B	11.77B	9.38B	27.09B	37.23B
Cash Flow
Free Cash Flow	1.68B	2.15B	3.36B	2.69B	1.18B	3.01B
Operating Cash Flow	1.68B	2.15B	3.36B	2.69B	2.46B	3.33B
Investing Cash Flow	-14.12B	-11.54B	-5.48B	-7.25B	-1.97B	-7.91B
Financing Cash Flow	12.08B	9.58B	2.11B	4.67B	-809.00M	4.67B

Corebridge Financial, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 31.63
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRBG, the sentiment is Negative. The current price of 31.63 is below the 20-day moving average (MA) of 33.53, below the 50-day MA of 34.02, and below the 200-day MA of 31.85, indicating a neutral trend. The MACD of -0.53 indicates Positive momentum. The RSI at 42.58 is Neutral, neither overbought nor oversold. The STOCH value of 27.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CRBG.

Corebridge Financial, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TROW	77 Outperform	23.04B	11.59	19.30%	4.82%	4.43%	5.55%
BEN	76 Outperform	12.57B	46.48	2.53%	5.25%	4.72%	-67.85%
CG	76 Outperform	24.44B	19.54	18.20%	2.07%	101.10%	0.00%
STT	73 Outperform	31.69B	12.38	10.44%	2.72%	11.66%	67.88%
AMP	66 Neutral	45.83B	15.12	65.05%	1.27%	7.11%	9.89%
CRBG	52 Neutral	$17.03B	27.46	-2.89%	3.00%	-18.21%	-116.73%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Corebridge Financial, Inc. Corporate Events

Corebridge Financial Appoints New CEO Marc Costantini

On September 9, 2025, Corebridge Financial announced the appointment of Marc Costantini as its new President and CEO, effective December 1, 2025. Costantini, who brings extensive experience from Manulife and Munich Re, will succeed Kevin Hogan, who will transition to a special advisor role for six months. This leadership change is part of Corebridge’s strategic evolution as an independent company, aiming to leverage Costantini’s expertise in strategy, product innovation, and value creation to further its growth and market position.

The most recent analyst rating on (CRBG) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.

Corebridge Financial Enters Underwriting Agreement for Stock Sale

On August 6, 2025, Corebridge Financial, Inc. entered into an underwriting agreement with American International Group, Inc. and Morgan Stanley & Co. LLC for the sale of 30,000,000 shares of its common stock at $33.5113 per share. This agreement allows the selling stockholder to grant the underwriters a 30-day option to purchase an additional 4,500,000 shares to cover over-allotments, potentially impacting the company’s stock liquidity and market presence.

The most recent analyst rating on (CRBG) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.