Corebridge Financial Inc. (CRBG) - Net Assets
Based on the latest financial reports, Corebridge Financial Inc. (CRBG) has net assets worth $11.37 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($415.79 Billion) and total liabilities ($404.42 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset allocation strategy of Corebridge Financial Inc. to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.37 Billion |
| % of Total Assets | 2.74% |
| Annual Growth Rate | -42.12% |
| 5-Year Change | -51.74% |
| 10-Year Change | N/A |
| Growth Volatility | 44.61 |
Corebridge Financial Inc. - Net Assets Trend (2019–2025)
This chart illustrates how Corebridge Financial Inc.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Corebridge Financial Inc. (CRBG) total market value.
Annual Net Assets for Corebridge Financial Inc. (2019–2025)
The table below shows the annual net assets of Corebridge Financial Inc. from 2019 to 2025. Also explore CRBG net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $13.96 Billion | +13.26% |
| 2024-12-31 | $12.33 Billion | -2.45% |
| 2023-12-31 | $12.63 Billion | +38.10% |
| 2022-12-31 | $9.15 Billion | -68.37% |
| 2021-12-31 | $28.93 Billion | -27.37% |
| 2020-12-31 | $39.83 Billion | -89.28% |
| 2019-12-31 | $371.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Corebridge Financial Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1837300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $18.37 Billion | 139.18% |
| Common Stock | $7.00 Million | 0.05% |
| Other Comprehensive Income | $-9.45 Billion | -71.60% |
| Other Components | $4.27 Billion | 32.37% |
| Total Equity | $13.20 Billion | 100.00% |
Corebridge Financial Inc. Competitors by Market Cap
The table below lists competitors of Corebridge Financial Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Telkom Indonesia (Persero) Tbk PT
JK:TLKM
|
$15.03 Billion |
|
Inspur Electronic Info Industr
SHE:000977
|
$15.04 Billion |
|
Cummins India Limited
NSE:CUMMINSIND
|
$15.05 Billion |
|
Hitachi Energy India Limited
NSE:POWERINDIA
|
$15.05 Billion |
|
YPF Sociedad Anonima
NYSE:YPF
|
$15.00 Billion |
|
Host Hotels & Resorts Inc
NASDAQ:HST
|
$15.00 Billion |
|
Aramark Holdings
NYSE:ARMK
|
$15.00 Billion |
|
CG Power and Industrial Solutions Limited
NSE:CGPOWER
|
$14.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Corebridge Financial Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,462,000,000 to 13,201,000,000, a change of 1,739,000,000 (15.2%).
- Net loss of 366,000,000 reduced equity.
- Dividend payments of 511,000,000 reduced retained earnings.
- Share repurchases of 2,118,000,000 reduced equity.
- New share issuances of 493,000,000 increased equity.
- Other comprehensive income increased equity by 4,229,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-366.00 Million | -2.77% |
| Dividends Paid | $511.00 Million | -3.87% |
| Share Repurchases | $2.12 Billion | -16.04% |
| Share Issuances | $493.00 Million | +3.73% |
| Other Comprehensive Income | $4.23 Billion | +32.04% |
| Other Changes | $12.00 Million | +0.09% |
| Total Change | $- | 15.17% |
Book Value vs Market Value Analysis
This analysis compares Corebridge Financial Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.42x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.06x to 1.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $575.81 | $34.88 | x |
| 2020-12-31 | $57.72 | $34.88 | x |
| 2021-12-31 | $41.99 | $34.88 | x |
| 2022-12-31 | $14.13 | $34.88 | x |
| 2023-12-31 | $18.24 | $34.88 | x |
| 2024-12-31 | $19.13 | $34.88 | x |
| 2025-12-31 | $24.48 | $34.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Corebridge Financial Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.67%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 31.33x
- Recent ROE (-2.77%) is below the historical average (20.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.01% | 0.38% | 0.03x | 1.03x | $-37.09 Billion |
| 2020 | 1.72% | 4.26% | 0.04x | 11.02x | $-3.08 Billion |
| 2021 | 27.15% | 33.28% | 0.05x | 15.37x | $4.65 Billion |
| 2022 | 89.18% | 434.22% | 0.01x | 39.81x | $7.24 Billion |
| 2023 | 9.38% | 46.80% | 0.01x | 32.23x | $-72.60 Million |
| 2024 | 19.46% | 83.27% | 0.01x | 33.97x | $1.08 Billion |
| 2025 | -2.77% | -12.67% | 0.01x | 31.33x | $-1.69 Billion |
Industry Comparison
This section compares Corebridge Financial Inc.'s net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $841,312,488
- Average return on equity (ROE) among peers: -23.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Corebridge Financial Inc. (CRBG) | $11.37 Billion | 0.01% | 35.56x | $15.01 Billion |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $3.21 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 17.42% | 0.00x | $3.29 Billion |
| Associated Capital Group Inc (AC) | $916.05 Million | -6.34% | 0.04x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $441.58 Million | -2.00% | 0.15x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $201.38 Million | 8.33% | 1.00x | $78.22 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $1.40 Million | -229.54% | 1.40x | $194.14 Million |
| Alpha Compute Corp (ALP) | $-827.00K | 0.00% | 0.00x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $327.89 Million |
| Amber International Holding Limited (AMBR) | $104.00 Million | -10.04% | 1.99x | $92.17 Million |
| Affiliated Managers Group, Inc. (AMG) | $4.38 Billion | 12.90% | 1.02x | $9.30 Billion |
About Corebridge Financial Inc.
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 produc… Read more