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CRBGCorebridge Financial, Inc.
$33.89$15.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
CRBG logo

Corebridge Financial, Inc.

CRBG
NYSE · Asset Management
$33.89
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$15.11B
P/E-49.8x
52W High$35.63
Volume3.49M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Fee-Driven Model Faces Thin Margins and Volatile Earnings

Corebridge Financial's investment case hinges on its dominant fee-based revenue stream (82.1% of total revenue in 2026Q2) and a forward P/E of 7.06, which suggests the market is pricing in normalized earnings power. However, persistent accounting volatility fr...

GrowthMixed
ProfitabilityWeak
ValuationAttractive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

CRBG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

-409% Peers

P/E is 409% below peer median

03

Market leadership

RS 82 · Leader

High momentum (Outperforming 82% of market)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Nov 4
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth is driven by fee income (82.1% of total in 2026Q2), but profitability remains weak with a 98.7% efficiency ratio and a 0.1% NIM, while net income of just $2M in 2026Q2 underscores earnings instability.

Analyst Consensus+13.6% target
Buy(18 analysts)
13 Buy5 Hold0 Sell

The Bull Case

Upside Catalysts

Strong Analyst Sentiment

A significant majority of analysts recommend a 'Buy' or 'Strong Buy' for CRBG stock. Out of 12 analysts, 17% recommend a Strong Buy and 58% recommend a Buy, with a consensus rating of 'Buy'.

Aggressive Capital Returns

Corebridge Financial is actively returning capital to shareholders through share buybacks and dividends. In Q4 2025, the company achieved a 10% reduction in share count year-over-year via buybacks, alongside a dividend yield of around 3.6-3.8%.

Improving Business Mix

The company is strategically shifting its business mix towards fee-based products, which are less capital-intensive and expected to produce more consistent results. This transition positions CRBG for a potential re-rating.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CRBG+14.06%
S&P 500 (^GSPC)+12.39%
1-Year Return
CRBG+4.74%
S&P 500 (^GSPC)+15.77%
3-Year Return
CRBG+87.95%
S&P 500 (^GSPC)+71.15%
5-Year Return
CRBG+91.41%
S&P 500 (^GSPC)+73.47%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-49.8x
Forward P/E
7.4x
EV/EBITDA100th %ile
1704.4x
FCF YieldCash Flow
13.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-49.8x
8.0x
0th· Low
EV/EBITDA
1704.4x
9.9x
100th· High
Price/FCF
7.5x
8.1x
50th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$82.00+142.0%
Base (Fair)$81.19+133.2%
Bull$109.18+222.2%
$82.00 Bear$81.19 Base$109.18 Bull
Current Market Price: $33.89
Trades at a 58.3% discount to Base DCF ($81.19)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$2.34B+10.0% YoY
Net income
-$366M-116.4% YoY
Free cash flow
$2.02B-6.0% YoY
Operating margin
-18.7%-123.4 pts YoY
ROIC (TTM)-1.6%
Avg ROIC 5Y-
ROE (TTM)-2.8%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (67%)
Revenue Beat Rate4/12 (33%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 4, 2026
$1.12+4.7%
vs $1.07
$4.3B-7.8%
vs $4.7B
Q2 2026
May 4, 2026
$1.05-1.9%
vs $1.07
$4.1B-19.2%
vs $5.1B
Q1 2026
Feb 9, 2026
$1.22+9.9%
vs $1.11
$6.3B+23.0%
vs $5.2B
Q4 2025
Nov 3, 2025
$0.96-11.1%
vs $1.08
$724M-84.8%
vs $4.8B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Defense World·3d ago
Arthur J. Gallagher & Co. (NYSE:AJG) versus Corebridge Financial (NYSE:CRBG) Critical Review

Corebridge Financial (NYSE: CRBG - Get Free Report) and Arthur J. Gallagher and Co. (NYSE: AJG - Get Free Report) are both large-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, analyst recommendations, risk, earnings, valuation, institutional ownership and dividends. Earnings and Valuation This

Defense World·6d ago
Life Insurance Co Nippon Buys 295,967 Shares of Corebridge Financial (NYSE:CRBG) Stock

Corebridge Financial, Inc. (NYSE: CRBG - Get Free Report) major shareholder Life Insurance Co Nippon acquired 295,967 shares of Corebridge Financial stock in a transaction that occurred on Monday, September 14th. The stock was acquired at an average price of $34.86 per share, with a total value of $10,317,409.62. Following the completion of the acquisition, the

Defense World·Sep 16, 2026
Life Insurance Co Nippon Acquires 176,300 Shares of Corebridge Financial (NYSE:CRBG) Stock

Corebridge Financial, Inc. (NYSE: CRBG - Get Free Report) major shareholder Life Insurance Co Nippon acquired 176,300 shares of Corebridge Financial stock in a transaction dated Thursday, September 10th. The stock was bought at an average price of $34.01 per share, with a total value of $5,995,963.00. Following the completion of the purchase, the insider directly

Defense World·Sep 13, 2026
Life Insurance Co Nippon Buys 136,466 Shares of Corebridge Financial (NYSE:CRBG) Stock

Corebridge Financial, Inc. (NYSE: CRBG - Get Free Report) major shareholder Life Insurance Co Nippon bought 136,466 shares of the stock in a transaction that occurred on Wednesday, September 9th. The shares were purchased at an average price of $33.78 per share, for a total transaction of $4,609,821.48. Following the purchase, the insider owned 122,125,993 shares

Filtered for Corebridge Financial, Inc.More Headlines
04

Compare before deciding

Benchmark CRBG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Corebridge Financial, Inc. (CRBG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CRBG logoCRBGCorebridge Financial, Inc.Current
$33.89$15.11B-49.8410.03%-12.67%-2.78%2.8%
MET logoMETMetLife, Inc.
$97.20$62.54B20.2510.22%4.61%12.75%—
PRU logoPRUPrudential Financial, Inc.
$117.59$40.8B11.51-13.74%5.93%11.2%—
LNC logoLNCLincoln National Corporation
$41.08$7.86B7.031.24%12.18%21.99%—
PFG logoPFGPrincipal Financial Group, Inc.
$113.92$24.61B21.70-3.11%9.86%12.44%—
EQH logoEQHEquitable Holdings, Inc.
$52.27$14.27B-10.82-6.21%-8.72%-51.38%—

Compare CRBG vs Peers

Corebridge Financial, Inc. (CRBG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MET

Most directly comparable listed peer for CRBG.

Scale Benchmark

vs BLK

Larger-name benchmark to compare CRBG against a more recognizable public peer.

Peer Set

Compare Top 5

vs MET, PRU, LNC, PFG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CRBG SEC Filings & Documents

Corebridge Financial, Inc. (CRBG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 20, 2026·SEC

Material company update

Aug 17, 2026·SEC

Material company update

Aug 4, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 11, 2026·SEC

FY 2025

Feb 13, 2025·SEC

10-Q Quarterly Reports

5
FY 2026

Aug 5, 2026·SEC

FY 2026

May 6, 2026·SEC

FY 2025

Nov 4, 2025·SEC

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CRBG Frequently Asked Questions

Corebridge Financial, Inc. (CRBG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Corebridge Financial, Inc. growing?

Corebridge Financial, Inc. (CRBG) grew revenue by 10.0% over the past year. This is steady growth.

Is CRBG profitable?

Yes, Corebridge Financial, Inc. (CRBG) is profitable, generating $907.0M in net income for fiscal year 2025 (-12.7% net margin).

Dividend & Returns
Does CRBG pay dividends?

Yes, Corebridge Financial, Inc. (CRBG) pays a dividend with a yield of 2.80%. This makes it attractive for income-focused investors.

What is CRBG's return on equity?

Corebridge Financial, Inc. (CRBG) has a return on equity (ROE) of -2.8%. Negative ROE indicates the company is unprofitable.

Industry Metrics
What is Corebridge Financial, Inc.'s net interest margin?

Corebridge Financial, Inc. (CRBG) has a net interest margin (NIM) of 0.6%. NIM has been under pressure due to interest rate environment.

What is Corebridge Financial, Inc.'s efficiency ratio?

Corebridge Financial, Inc. (CRBG) has an efficiency ratio of 99.6%. This is higher than peers, suggesting room for cost optimization.

What if you invested $1,000 in CRBG back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →