Corebridge Financial Inc
NYSE:CRBG
Income Statement
Earnings Waterfall
Corebridge Financial Inc
Revenue
|
17.8B
USD
|
Operating Expenses
|
-14.7B
USD
|
Operating Income
|
3.2B
USD
|
Other Expenses
|
-942m
USD
|
Net Income
|
2.2B
USD
|
Income Statement
Corebridge Financial Inc
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Gross Premiums Earned |
8 688
|
8 882
|
8 291
|
8 672
|
8 065
|
9 360
|
10 757
|
10 124
|
10 488
|
10 694
|
8 825
|
8 769
|
7 501
|
|
Revenue |
22 215
N/A
|
22 105
0%
|
25 252
+14%
|
26 315
+4%
|
25 654
-3%
|
20 515
-20%
|
19 566
-5%
|
18 552
-5%
|
17 994
-3%
|
19 626
+9%
|
17 545
-11%
|
14 581
-17%
|
17 846
+22%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(14 561)
|
(11 525)
|
(10 943)
|
(14 146)
|
(14 659)
|
(15 124)
|
(16 800)
|
(16 493)
|
(16 959)
|
(17 544)
|
(15 783)
|
(15 768)
|
(14 674)
|
|
Selling, General & Administrative |
(3 549)
|
(3 567)
|
(3 593)
|
(3 627)
|
(3 696)
|
(3 858)
|
(4 029)
|
(4 209)
|
(4 427)
|
(4 600)
|
(4 796)
|
(5 020)
|
(5 240)
|
|
Benefits Claims Loss Adjustment |
(9 052)
|
(9 029)
|
(8 303)
|
(9 129)
|
(8 234)
|
(9 000)
|
(10 448)
|
(9 902)
|
(10 211)
|
(10 533)
|
(8 706)
|
(8 756)
|
(7 506)
|
|
Policy Acquisition Expense |
(1 057)
|
(860)
|
(1 064)
|
(939)
|
(1 431)
|
(889)
|
(895)
|
(900)
|
(1 042)
|
(1 053)
|
(1 055)
|
(1 047)
|
(1 060)
|
|
Other Operating Expenses |
(903)
|
1 931
|
2 017
|
(451)
|
(1 298)
|
(1 379)
|
(1 430)
|
(1 482)
|
(1 279)
|
(1 358)
|
(1 226)
|
(945)
|
(868)
|
|
Operating Income |
7 654
N/A
|
10 580
+38%
|
14 309
+35%
|
12 169
-15%
|
10 995
-10%
|
5 391
-51%
|
2 766
-49%
|
2 059
-26%
|
1 035
-50%
|
2 082
+101%
|
1 762
-15%
|
(1 187)
N/A
|
3 172
N/A
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(389)
|
(123)
|
(107)
|
262
|
(534)
|
(341)
|
(131)
|
(134)
|
(574)
|
25
|
(266)
|
(1 285)
|
(327)
|
|
Non-Reccuring Items |
2 862
|
0
|
0
|
2 990
|
(1)
|
0
|
0
|
(1)
|
479
|
518
|
674
|
587
|
(42)
|
|
Pre-Tax Income |
10 127
N/A
|
10 457
+3%
|
14 202
+36%
|
15 421
+9%
|
10 460
-32%
|
5 050
-52%
|
2 635
-48%
|
1 924
-27%
|
940
-51%
|
2 625
+179%
|
2 170
-17%
|
(1 885)
N/A
|
2 803
N/A
|
|
Net Income | ||||||||||||||
Tax Provision |
(1 843)
|
(1 943)
|
(2 776)
|
(3 035)
|
(1 991)
|
(824)
|
(332)
|
(84)
|
96
|
(309)
|
(264)
|
535
|
(600)
|
|
Income from Continuing Operations |
8 284
|
8 514
|
11 426
|
12 386
|
8 469
|
4 226
|
2 303
|
1 840
|
1 036
|
2 316
|
1 906
|
(1 350)
|
2 203
|
|
Income to Minority Interest |
(929)
|
(909)
|
(924)
|
(898)
|
(320)
|
(251)
|
(151)
|
7
|
68
|
125
|
129
|
100
|
27
|
|
Net Income (Common) |
7 355
N/A
|
7 605
+3%
|
10 502
+38%
|
11 488
+9%
|
8 149
-29%
|
3 975
-51%
|
2 152
-46%
|
1 847
-14%
|
1 104
-40%
|
2 441
+121%
|
2 035
-17%
|
(1 250)
N/A
|
2 230
N/A
|
|
EPS (Diluted) |
11.4
N/A
|
11.79
+3%
|
16.28
+38%
|
17.77
+9%
|
12.63
-29%
|
6.1
-52%
|
3.31
-46%
|
2.87
-13%
|
1.71
-40%
|
3.9
+128%
|
3.32
-15%
|
-2.12
N/A
|
3.72
N/A
|