Corebridge Historical Income Statement
| CRBG Stock | USD 34.68 1.36 4.08% |
Historical analysis of Corebridge Financial income statement accounts such as Net Income Applicable To Common Shares of 9.8 B, Income Tax Expense of 632.2 M or Tax Provision of 811.6 M can show how well Corebridge Financial performed in making a profits. Evaluating Corebridge Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Corebridge Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Corebridge Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Corebridge Financial is a good buy for the upcoming year.
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About Corebridge Income Statement Analysis
Corebridge Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Corebridge Financial shareholders. The income statement also shows Corebridge investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Corebridge Financial Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Corebridge Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Corebridge Financial minus its cost of goods sold. It is profit before Corebridge Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Corebridge Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Corebridge Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corebridge Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.At this time, Corebridge Financial's Tax Provision is most likely to increase significantly in the upcoming years. The Corebridge Financial's current Depreciation And Amortization is estimated to increase to about 469 M, while Net Interest Income is projected to decrease to (581.7 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 534M | 580M | 554M | 568.7M | Depreciation And Amortization | 585M | 366M | 420.9M | 469.0M |
Corebridge Financial income statement Correlations
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Corebridge Financial Account Relationship Matchups
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Corebridge Financial income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Ebit | 822M | 9.9B | 10.5B | 1.1B | 1.3B | 1.2B | |
| Net Income Applicable To Common Shares | 50M | 642M | 7.4B | 8.1B | 9.4B | 9.8B | |
| Income Tax Expense | (15M) | 1.8B | 2.0B | (96M) | 600M | 632.2M | |
| Tax Provision | (15M) | 1.8B | 2.0B | 176M | 600M | 811.6M | |
| Net Interest Income | (490M) | (389M) | (534M) | (618M) | (554M) | (581.7M) | |
| Depreciation And Amortization | 325M | 562M | 585M | 366M | 420.9M | 469.0M | |
| Interest Expense | 490M | 389M | 534M | 580M | 554M | 568.7M | |
| Selling General Administrative | 2.0B | 2.1B | 2.3B | 2.4B | 2.1B | 2.4B | |
| Total Revenue | 15.1B | 23.4B | 26.7B | 18.6B | 19.1B | 21.3B | |
| Gross Profit | 3.5B | 9.7B | 25.8B | 18.3B | 19.1B | 14.5B | |
| Other Operating Expenses | 14.2B | 13.3B | 16.2B | 19.1B | 19.1B | 17.4B | |
| Operating Income | (5.3B) | (5.9B) | 10.7B | (417M) | 4.8M | 5.1M | |
| Net Income From Continuing Ops | 866M | 8.3B | 8.5B | 2.2B | 2.2B | 4.1B | |
| Ebitda | 1.1B | 10.5B | 11.1B | 1.5B | 4.8M | 4.6M | |
| Cost Of Revenue | 11.6B | 13.7B | 878M | 306M | 275.4M | 261.6M | |
| Total Operating Expenses | 2.0B | 2.1B | 2.3B | 19.1B | 19.1B | 20.0B | |
| Reconciled Depreciation | 325M | 562M | 1.0B | 905M | 193M | 183.4M | |
| Income Before Tax | 851M | 10.1B | 10.5B | 940M | 2.8B | 4.6B | |
| Total Other Income Expense Net | (11.9B) | (10.4B) | (10.8B) | 1.4B | 2.8B | 2.9B | |
| Net Income | 866M | 8.2B | 8.2B | 1.1B | 2.2B | 3.8B | |
| Minority Interest | (224M) | (929M) | 320M | 7M | 27M | 28.4M |
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When determining whether Corebridge Financial is a strong investment it is important to analyze Corebridge Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Corebridge Financial's future performance. For an informed investment choice regarding Corebridge Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corebridge Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Diversified Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Corebridge Financial. If investors know Corebridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Corebridge Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Dividend Share 0.92 | Earnings Share 3.72 | Revenue Per Share | Quarterly Revenue Growth 0.744 |
The market value of Corebridge Financial is measured differently than its book value, which is the value of Corebridge that is recorded on the company's balance sheet. Investors also form their own opinion of Corebridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Corebridge Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Corebridge Financial's market value can be influenced by many factors that don't directly affect Corebridge Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Corebridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corebridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corebridge Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.