Corebridge Financial Inc (CRBG)
OvervaluedFundamental
50
Price
$33.12
Market Cap
$15.06B
Part 1 · What the company is worth
Overview
Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index and registered index-linked, and variable annuities. The Group Retirement segment offers in-plan products and services comprising an open architecture recordkeeping platform that allows plan participants to allocate money to a variety of mutual fund options or a fixed interest account; flexible group variable and fixed annuity; and in-plan investment advisory services. It also provides out-of-plan products and services, including proprietary and non-proprietary annuities; investment advisory solutions, such as fiduciary, fee-based investments; and brokerage services for non-proprietary variable annuity, securities, life insurance, mutual funds, and 529 plans. The Life Insurance segment offers term, whole, index universal, and guaranteed universal life insurance products. The Institutional Markets segment provides defined contribution and bank-owned life insurance stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank-owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on September 18, 2026 with claude-haiku-4-5 — shared with all users
Equitable overlaps with Corebridge on both fronts, selling index-linked and variable annuities to retail savers and running 403(b) plans for schools and non-profits, until the merger the two agreed in March 2026 closes.
Brighthouse is one of the top three sellers of registered index-linked annuities and competes head-on with Corebridge on annuity and individual life products distributed through independent networks.
Athene is the largest seller of fixed and index annuities in the United States and fights Corebridge for the same retail savers through the same bank and broker-dealer distribution shelves.
Jackson is the leading seller of variable annuities and competes for the same pre-retiree clients placed through independent financial advisors and broker-dealers.
Lincoln sells annuities, individual life insurance and workplace retirement plans to the same American households and tax-exempt employers Corebridge serves.
Voya competes with Corebridge's Group Retirement arm for 403(b) and 457 plan mandates from public schools, universities, hospitals and government employers.
Balance Sheet & Liquidity
Revenue
$20.06B
Trailing 12 months (through 6/30/2026)
Net Income
$907M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
-
Total Equity
$13.20B
Total Liabilities
$399.59B
Current Ratio
-
Interest Coverage
-
Debt/EBITDA
0.46
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$25.72
Current Price
$33.12
Margin of Safety
-28.8%
Fair Value Range
$16.72 - $34.73
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
21.23
ROE
-2.8%
P/B Ratio
1.39
P/FCF
-
Gross Margin
-
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
10.5%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (9)
- Price CAGR 14.66%
- P/B Ratio 1.39
- Debt/EBITDA
- Low reliance on intangibles
- ROE 7.5%
- Analyst Consensus 81% Buy
- Earnings Quality (OCF/NI) 2.04
- Share Dilution -10.2%
- Net Margin Trend 4.5% vs -2.2%
Failed (8)
- EPS shows upward trend
- Debt/Equity ratio
- Return on Tangible Assets
- Price below Graham Number
- DCF valuation (Unknown)
- Revenue Growth 5Y 4.9%
- Earnings Surprise avg -1.5%
- Piotroski F-Score 4/9
Unavailable (10)
- ROIC NaN%
- Gross Margin NaN%
- P/FCF NaN
- Dividend Payout NaN%
- Operating Margin NaN%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Interest Coverage
- PEG Ratio (need PE > 0 and growth > 0)
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Marc M. Costantini | President, CEO & Director | 55 |
| Ms. Lisa Michele Longino | Executive VP & Chief Investment Officer | 58 |
| Ms. Polly Nyquist Klane J.D. | Executive VP, General Counsel & Chief Legal Officer | 55 |
| Mr. Jonathan Joseph Novak | EVP, President of Institutional Markets and Head of Balance Sheet Risk Mgmt. & Reinsurance | 53 |
| Mr. Christopher Peter Filiaggi | Interim CFO & Chief Accounting Officer | 43 |
| Mr. Christopher Brian Smith | Executive VP & COO | 56 |
| Mr. David Ditillo | Chief Information Officer & Executive VP | 49 |
| Ms. Isil Muderrisoglu | Head of Investor & Rating Agency Relations | - |
| Ms. Elizabeth Palmer | Chief Marketing & Communications Officer and Executive VP | 61 |
| Ms. Elizabeth Bridget Cropper | Executive VP & Chief Human Resource Officer | 58 |
Audit Risk
3
Board Risk
1
Compensation Risk
2
Shareholder Rights Risk
1
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-11
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-05
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-17
via SEC EDGAR
Income History
via SEC EDGAR
Latest News
Recent headlines for CRBG, sourced from Markets Gazette.