Corebridge Financial Inc. (CRBG)
Corebridge Financial Statistics
Share Statistics
Corebridge Financial has 556M shares outstanding. The number of shares has increased by -8.62% in one year.
| Shares Outstanding | 556M |
| Shares Change (YoY) | -8.62% |
| Shares Change (QoQ) | -2.26% |
| Owned by Institutions (%) | 93.79% |
| Shares Floating | 364.79M |
| Failed to Deliver (FTD) Shares | 27 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 9.84M, so 1.77% of the outstanding shares have been sold short.
| Short Interest | 9.84M |
| Short % of Shares Out | 1.77% |
| Short % of Float | 4.26% |
| Short Ratio (days to cover) | 3.46 |
Valuation Ratios
The PE ratio is 8.03 and the forward PE ratio is 4.62. Corebridge Financial's PEG ratio is 0.07.
| PE Ratio | 8.03 |
| Forward PE | 4.62 |
| PS Ratio | 0.94 |
| Forward PS | 0.6 |
| PB Ratio | 1.56 |
| P/FCF Ratio | 8.32 |
| PEG Ratio | 0.07 |
Enterprise Valuation
Corebridge Financial has an Enterprise Value (EV) of 27.55B.
| EV / Sales | 1.45 |
| EV / EBITDA | 7.76 |
| EV / EBIT | 12.81 |
| EV / FCF | 12.81 |
Financial Position
The company has a current ratio of 1.69, with a Debt / Equity ratio of 0.91.
| Current Ratio | 1.69 |
| Quick Ratio | 1.69 |
| Debt / Equity | 0.91 |
| Debt / EBITDA | 2.94 |
| Debt / FCF | 4.86 |
| Interest Coverage | 5.06 |
Financial Efficiency
Return on Equity is 19.46% and Return on Invested Capital is 0.81%.
| Return on Equity | 19.46% |
| Return on Assets | 0.57% |
| Return on Invested Capital | 0.81% |
| Revenue Per Employee | $3.66M |
| Profits Per Employee | $428.85K |
| Employee Count | 5,200 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 600M |
| Effective Tax Rate | 21.41% |
Stock Price Statistics
The stock price has increased by 4.52% in the last 52 weeks. The beta is 0.87, so Corebridge Financial's price volatility has been higher than the market average.
| Beta | 0.87 |
| 52-Week Price Change | 4.52% |
| 50-Day Moving Average | 31.35 |
| 200-Day Moving Average | 30.29 |
| Relative Strength Index (RSI) | 42.4 |
| Average Volume (20 Days) | 3.12M |
Income Statement
In the last 12 months, Corebridge Financial had revenue of 19.06B and earned 2.23B in profits. Earnings per share was 3.73.
| Revenue | 19.06B |
| Gross Profit | 19.06B |
| Operating Income | 2.8B |
| Net Income | 2.23B |
| EBITDA | 3.55B |
| EBIT | 3.36B |
| Earnings Per Share (EPS) | 3.73 |
Balance Sheet
The company has 806M in cash and 10.45B in debt, giving a net cash position of -9.65B.
| Cash & Cash Equivalents | 806M |
| Total Debt | 10.45B |
| Net Cash | -9.65B |
| Retained Earnings | 19.26B |
| Total Assets | 389.4B |
| Working Capital | 0 |
Cash Flow
In the last 12 months, operating cash flow was 2.15B and capital expenditures 0, giving a free cash flow of 2.15B.
| Operating Cash Flow | 2.15B |
| Capital Expenditures | 0 |
| Free Cash Flow | 2.15B |
| FCF Per Share | 3.6 |
Margins
Gross margin is 100%, with operating and profit margins of 14.71% and 11.7%.
| Gross Margin | 100% |
| Operating Margin | 14.71% |
| Pretax Margin | 14.71% |
| Profit Margin | 11.7% |
| EBITDA Margin | 18.63% |
| EBIT Margin | 14.71% |
| FCF Margin | 11.29% |
Dividends & Yields
CRBG pays an annual dividend of $0.93, which amounts to a dividend yield of 2.85%.
| Dividend Per Share | $0.93 |
| Dividend Yield | 2.85% |
| Dividend Growth (YoY) | 4.35% |
| Payout Ratio | 25% |
| Earnings Yield | 12.46% |
| FCF Yield | 12.02% |
Analyst Forecast
The average price target for CRBG is $37, which is 33.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $37 |
| Price Target Difference | 33.3% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
Scores
| Altman Z-Score | 0.17 |
| Piotroski F-Score | 6 |