Key Financial Metrics
Corebridge Financial Inc generated $18.8B in revenue in fiscal year 2024. This represents a decrease of 0.5% from the prior year.
Corebridge Financial Inc reported $2.2B in net income in fiscal year 2024. This represents an increase of 102.0% from the prior year.
Corebridge Financial Inc earned $3.72 per diluted share in fiscal year 2024. This represents an increase of 117.5% from the prior year.
Corebridge Financial Inc held $806.0M in cash against $0 in long-term debt as of fiscal year 2024.
Corebridge Financial Inc had 561M shares outstanding in fiscal year 2024. This represents a decrease of 9.7% from the prior year.
Corebridge Financial Inc's net profit margin was 11.9% in fiscal year 2024, showing the share of revenue converted to profit. This is up 6.0 percentage points from the prior year.
Corebridge Financial Inc's return on equity was 19.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 10.7 percentage points from the prior year.
Corebridge Financial Inc spent $1.8B on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 259.8% from the prior year.
CRBG Income Statement
| Metric | FY24 | FY24 | FY24 | FY23 | FY20 |
|---|---|---|---|---|---|
| Revenue | $18.8B-0.5% | $18.9B-23.6% | $24.7B+6.2% | $23.3B+54.4% | $15.1B |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $2.1B-11.4% | $2.4B+1.6% | $2.3B+10.4% | $2.1B+3.8% | $2.0B |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $554.0M-4.5% | $580.0M+8.6% | $534.0M+37.3% | $389.0M-20.6% | $490.0M |
| Income Tax | $600.0M+725.0% | -$96.0M-104.8% | $2.0B-3.4% | $2.1B+13980.0% | -$15.0M |
| Net Income | $2.2B+102.0% | $1.1B-86.5% | $8.2B-1.0% | $8.2B+1184.0% | $642.0M |
| EPS (Diluted) | $3.72+117.5% | $1.71-86.4% | $12.60 | N/A | N/A |
CRBG Balance Sheet
| Metric | FY24 | FY24 | FY24 | FY23 | FY20 |
|---|---|---|---|---|---|
| Total Assets | $389.4B+2.7% | $379.3B+5.3% | $360.3B-15.3% | $425.4B+0.7% | $422.4B |
| Current Assets | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $806.0M+31.7% | $612.0M+10.9% | $552.0M+2.8% | $537.0M-17.9% | $654.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | $117.0M-33.1% | $175.0M-8.9% | $192.0M-11.9% | $218.0M |
| Total Liabilities | $377.1B+2.8% | $366.6B+4.8% | $350.0B-11.7% | $396.4B+3.3% | $383.8B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | $7.9B+1742.6% | $427.0M | N/A |
| Total Equity | $11.5B-9.3% | $12.6B+22.4% | $10.3B-64.4% | $29.0B-19.6% | $36.1B |
| Retained Earnings | $19.3B+9.6% | $17.6B-3.5% | $18.2B+66.5% | $10.9B-54.0% | $23.8B |
CRBG Cash Flow Statement
| Metric | FY24 | FY24 | FY24 | FY23 | FY20 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2.2B-35.9% | $3.4B+28.1% | $2.6B+9.0% | $2.4B-27.7% | $3.3B |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$11.5B-110.7% | -$5.5B+24.5% | -$7.3B-268.7% | -$2.0B+75.1% | -$7.9B |
| Financing Cash Flow | $9.6B+353.2% | $2.1B-54.8% | $4.7B+720.7% | -$753.0M-116.1% | $4.7B |
| Dividends Paid | $544.0M-68.4% | $1.7B+96.6% | $876.0M | $0 | $0 |
| Share Buybacks | $1.8B+259.8% | $498.0M | $0 | $0 | N/A |
CRBG Financial Ratios
| Metric | FY24 | FY24 | FY24 | FY23 | FY20 |
|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 11.9%+6.0pp | 5.9%-27.2pp | 33.0%-2.4pp | 35.4%+31.2pp | 4.3% |
| Return on Equity | 19.5%+10.7pp | 8.7%-70.3pp | 79.1%+50.6pp | 28.4%+26.7pp | 1.8% |
| Return on Assets | 0.6%+0.3pp | 0.3%-2.0pp | 2.3%+0.3pp | 1.9%+1.8pp | 0.1% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 32.90+3.9 | 29.02+28.3 | 0.76+0.7 | 0.01-10.6 | 10.64 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is Corebridge Financial Inc's annual revenue?
Corebridge Financial Inc (CRBG) reported $18.8B in revenue for fiscal year 2024.
How fast is Corebridge Financial Inc's revenue growing?
Corebridge Financial Inc (CRBG) revenue declined by 0.5% year-over-year, from $18.9B to $18.8B in fiscal year 2024.
Is Corebridge Financial Inc profitable?
Yes, Corebridge Financial Inc (CRBG) reported a net income of $2.2B in fiscal year 2024, with a net profit margin of 11.9%.
What is Corebridge Financial Inc's earnings per share (EPS)?
Corebridge Financial Inc (CRBG) reported diluted earnings per share of $3.72 for fiscal year 2024.
What is Corebridge Financial Inc's net profit margin?
Corebridge Financial Inc (CRBG) had a net profit margin of 11.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Corebridge Financial Inc's return on equity (ROE)?
Corebridge Financial Inc (CRBG) has a return on equity of 19.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Corebridge Financial Inc's operating cash flow?
Corebridge Financial Inc (CRBG) generated $2.2B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Corebridge Financial Inc's total assets?
Corebridge Financial Inc (CRBG) had $389.4B in total assets as of fiscal year 2024, including both current and long-term assets.
Does Corebridge Financial Inc buy back shares?
Yes, Corebridge Financial Inc (CRBG) spent $1.8B on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Corebridge Financial Inc have outstanding?
Corebridge Financial Inc (CRBG) had 561M shares outstanding as of fiscal year 2024.
What is Corebridge Financial Inc's debt-to-equity ratio?
Corebridge Financial Inc (CRBG) had a debt-to-equity ratio of 32.90 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Corebridge Financial Inc's return on assets (ROA)?
Corebridge Financial Inc (CRBG) had a return on assets of 0.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.