CRBGCorebridge Financial, Inc.
Life Insurance
- Revenue
- $18.5B
- 1.2% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $10.6B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowFired130% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $23.3B | $24.7B | $18.8B | $18.7B | $18.5B | 1.2% |
| Net income | $8.2B | $8.2B | $1.1B | $2.2B | −$366M | 116% |
| Operating cash flow | $2.4B | $2.6B | $3.4B | $2.2B | $2.0B | 6.0% |
| Stock-based comp | $88M | $75M | $60M | $58M | $67M | 16% |
| Buybacks | $0 | $0 | $498M | $1.8B | $2.1B | 18% |
| Dividends | $0 | $876M | $1.7B | $544M | $511M | 6.1% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $340M · 42
- Open-market sells, 12 mo
- $306K · 1
- Net
- $339M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 183 | 157 |
| FY2024 | — | — | 176 | 151 |
| FY2023 | — | — | 124 | 119 |
| FY2022 | — | — | 99 | 109 |