Corebridge Financial Past Earnings Performance
Past criteria checks 1/6
Corebridge Financial has been growing earnings at an average annual rate of 20.2%, while the Diversified Financial industry saw earnings growing at 8.2% annually. Revenues have been growing at an average rate of 9.7% per year. Corebridge Financial's return on equity is 8.2%, and it has net margins of 5.8%.
Key information
20.2%
Earnings growth rate
10.8%
EPS growth rate
| Diversified Financial Industry Growth | 6.1% |
| Revenue growth rate | 9.7% |
| Return on equity | 8.2% |
| Net Margin | 5.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Corebridge: A Favorable Interest Rate Environment Supports Ongoing Upside
Mar 15Corebridge Financial (NYSE:CRBG) Has Affirmed Its Dividend Of $0.23
Mar 12
Corebridge Financial (NYSE:CRBG) Will Pay A Dividend Of $0.23
Feb 18Corebridge Financial: Material Upside Even With The AIG Overhang
Dec 13Corebridge Financial (NYSE:CRBG) Is Paying Out A Dividend Of $0.23
Dec 01Corebridge Financial (NYSE:CRBG) Has Affirmed Its Dividend Of $0.23
Nov 12Corebridge Financial: A Shining Star Positioned For Outperformance
Oct 15Corebridge Financial: Profit Growth, Modest Valuation, High Yield, Momentum, Come Together
Oct 03Benign Growth For Corebridge Financial, Inc. (NYSE:CRBG) Underpins Its Share Price
Jul 31Corebridge Financial: Transforming Into A Fantastic Business
Jul 19Corebridge Financial Non-GAAP EPS of $0.88 beats by $0.20, Premiums and deposits of $8.69B
Feb 17Corebridge Financial declares $0.23 dividend
Nov 09Revenue & Expenses BreakdownBeta
How Corebridge Financial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 19,083 | 1,104 | 2,621 | 0 |
| 30 Sep 23 | 22,638 | 2,196 | 2,626 | 0 |
| 30 Jun 23 | 23,278 | 2,501 | 2,593 | 0 |
| 31 Mar 23 | 23,796 | 4,324 | 2,567 | 0 |
| 31 Dec 22 | 23,916 | 8,159 | 2,589 | 0 |
| 30 Sep 22 | 26,348 | 11,488 | 2,539 | 0 |
| 30 Jun 22 | 25,859 | 10,502 | 2,494 | 0 |
| 31 Mar 22 | 23,156 | 7,605 | 2,430 | 0 |
| 31 Dec 21 | 22,927 | 8,243 | 2,426 | 0 |
| 30 Sep 21 | 19,423 | 4,017 | 1,920 | 0 |
| 31 Dec 20 | 15,050 | 642 | 2,298 | 0 |
| 31 Dec 19 | 13,210 | 50 | 2,290 | 0 |
| 31 Dec 18 | 15,628 | -80 | 2,797 | 0 |
Quality Earnings: CRBG has a large one-off gain of $676.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CRBG's current net profit margins (5.8%) are lower than last year (34.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRBG has become profitable over the past 5 years, growing earnings by 20.2% per year.
Accelerating Growth: CRBG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CRBG had negative earnings growth (-86.5%) over the past year, making it difficult to compare to the Diversified Financial industry average (7.9%).
Return on Equity
High ROE: CRBG's Return on Equity (8.2%) is considered low.