Corebridge Income Before Tax from 2010 to 2024

CRBG Stock  USD 32.37  0.04  0.12%   
Corebridge Financial's Income Before Tax is increasing over the last several years with slightly volatile swings. Income Before Tax is predicted to flatten to about 893 M. During the period from 2010 to 2024 Corebridge Financial Income Before Tax regressed destribution of quarterly values had coefficient of variationof  214.45 and r-value of  0.47. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
940 M
Current Value
893 M
Quarterly Volatility
3.5 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Corebridge Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corebridge Financial's main balance sheet or income statement drivers, such as EBIT of 1 B, Net Income Applicable To Common Shares of 9.8 B or Tax Provision of 167.2 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.12 or PTB Ratio of 0.65. Corebridge financial statements analysis is a perfect complement when working with Corebridge Financial Valuation or Volatility modules.
  
Check out the analysis of Corebridge Financial Correlation against competitors.
For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.

Latest Corebridge Financial's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Corebridge Financial over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Corebridge Financial income statement and is an important metric when analyzing Corebridge Financial profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Corebridge Financial's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corebridge Financial's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Corebridge Income Before Tax Regression Statistics

Arithmetic Mean1,644,066,667
Geometric Mean358,045,284
Coefficient Of Variation214.45
Mean Deviation2,306,515,556
Median139,000,000
Standard Deviation3,525,639,364
Sample Variance12430132.9T
Range10.3B
R-Value0.47
Mean Square Error10427597.6T
R-Squared0.22
Significance0.08
Slope370,632,143
Total Sum of Squares174021860.9T

Corebridge Income Before Tax History

2024893 M
2023940 M
202210.5 B
202110.1 B
2020851 M

About Corebridge Financial Financial Statements

Corebridge Financial stakeholders use historical fundamental indicators, such as Corebridge Financial's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Corebridge Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Corebridge Financial's assets and liabilities are reflected in the revenues and expenses on Corebridge Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Corebridge Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax940 M893 M

Currently Active Assets on Macroaxis

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 the analysis of Corebridge Financial Correlation against competitors.
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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
(1.91)
Revenue Per Share
26.027
Quarterly Revenue Growth
(0.45)
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.