Corebridge Financial, Inc. (CRBG) Stock

Corebridge Financial, Inc. (CRBG) is a Financials stock trading at $31.97 (as of 2026-08-24), with a market capitalization of $14.25B and a trailing P/E of 15.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Corebridge Financial, Inc. offers retirement and insurance products in the United States, operating through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets. It provides annuities, retirement plan services and advisory offerings, and life and other insurance products for individuals, employer-sponsored retirement plans, and institutional customers.

Understand Corebridge Financial, Inc.: how it makes money

Corebridge Financial provides retirement solutions and insurance products, it sells fixed annuities, fixed index annuities, variable annuities, retail mutual funds, and it also offers group retirement record-keeping and plan administration services, earning money from insurance premiums and related deposit flows as well as fees tied to assets it administers.

Corebridge's profit model is driven by the size of assets it manages and administers, supported by continuing inflows from retirement products through premiums and deposits.

Business quality (Mixed): Diversified retirement and insurance platform with measurable operating drivers (assets and premiums), but earnings quality to watch given a relatively low operating margin and the presence of corporate and other losses.

Valuation: At 72× earnings, CRBG trades 466% above the Insurance average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Operating scale tied to assets it manages: Assets under management and administration are large (400.0 USD_B), and the company also tracks fee-earning assets (104.0 USD_B), which supports recurring fee economics.
  • Growth and income linked to retirement inflows: The company has retirement-focused product and service lines, and it tracks premiums and deposits (12.29 USD_B and 8.01 USD_B revenue proxy), reflecting ongoing inflows into annuities and retirement solutions.

Bear case

  • Low operating profitability: Operating margin is 2.4% for the latest reported period (2026-03-31), which can leave less room for adverse expense or investment experience.
  • Corporate and other loss is a drag: There is a corporate and other segment loss (0.14 USD_B), which can reduce consolidated operating results.
Valuation — source: SEC EDGAR (first-party)
Price$31.97
Market Cap$14.25B
P/E Ratio15.7
EV / EBITDA8.5
Price / Book1.25
Price / Sales0.71
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$18.48B
Net Margin-2.0%
Revenue Growth (YoY)42.6%
EPS Growth (YoY)-96.7%
Valuation vs Sector & Industry
Stock P/E15.7
Sector P/E (Financials)15.2
Industry P/E (Insurance)13.1
vs Sector3.3%
vs Industry20.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderNIPPON LIFE INSURANCE CO ($2.91B)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryInsurance
CEOMarc Costantini
Employees5,200
CountryUS
IPO Date2022-09-16

Related Companies (Insurance; 8 comparable insurers)

  • Lincoln National Corporation (LNC)
  • Reinsurance Group of America, Incorporated (RGA)
  • Voya Financial, Inc. (VOYA)
  • Genworth Financial, Inc. (GNW)
  • Brighthouse Financial, Inc. (BHFAL)
  • Jackson Financial Inc. (JXN)
  • Globe Life Inc. (GL)
  • F&G Annuities & Life, Inc. (FG)
CRBG earnings history · CRBG institutional & insider holders · CRBG KPIs & operating metrics · CRBG financials · CRBG investor presentations & press releases · CRBG SEC filings · CRBG peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.