Corebridge Financial, Inc.

MUN:AS5 Stock Report

Market Cap: €16.5b

Corebridge Financial Past Earnings Performance

Past criteria checks 1/6

Corebridge Financial has been growing earnings at an average annual rate of 4.5%, while the Diversified Financial industry saw earnings growing at 2.7% annually. Revenues have been declining at an average rate of 2% per year. Corebridge Financial's return on equity is 18.7%, and it has net margins of 11.8%.

Key information

4.5%

Earnings growth rate

4.6%

EPS growth rate

Diversified Financial Industry Growth9.1%
Revenue growth rate-2.0%
Return on equity18.7%
Net Margin11.8%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Corebridge Financial makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

MUN:AS5 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2420,6282,4412,6140
31 Dec 2319,0831,1042,6210
30 Sep 2319,8932,2062,6380
30 Jun 2320,5332,5112,6050
31 Mar 2321,0514,3342,5790
31 Dec 2223,9168,1592,5890
30 Sep 2226,34811,4882,5390
30 Jun 2225,85910,5022,4940
31 Mar 2223,1567,6052,4300
31 Dec 2122,9278,2432,4260
30 Sep 2119,4234,0171,9200
31 Dec 2015,0506422,2980
31 Dec 1913,210502,2900
31 Dec 1815,628-802,7970

Quality Earnings: AS5 has a large one-off gain of $684.0M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: AS5's current net profit margins (11.8%) are lower than last year (20.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: AS5 has become profitable over the past 5 years, growing earnings by 4.5% per year.

Accelerating Growth: AS5's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AS5 had negative earnings growth (-43.7%) over the past year, making it difficult to compare to the Diversified Financial industry average (-1.4%).


Return on Equity

High ROE: AS5's Return on Equity (18.7%) is considered low.


Return on Assets


Return on Capital Employed


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