Corebridge Financial (CRBD) Long-Term Deferred Tax (2021 - 2024)
Corebridge Financial (CRBD) posted Long-Term Deferred Tax of $7.9 billion for Q4 2024, up 3.63% on a QoQ basis from $7.6 billion in Q3 2024, and down 7.86% year-over-year from $8.6 billion in Q1 2024.
Analysis
Corebridge Financial (CRBD) Long-Term Deferred Tax (2021 - 2024) Analysis & Trends
Corebridge Financial has reported Long-Term Deferred Tax for 4 years, with the latest figure at $7.9 billion in Q4 2024.
- On a quarterly basis, Long-Term Deferred Tax fell 7.86% year-over-year to $7.9 billion in Q4 2024; TTM through Dec 2024 was $7.9 billion, a 7.86% decrease from a year earlier, with the FY2024 full-year figure at $7.9 billion, down 7.86% from the prior year.
- Long-Term Deferred Tax was $7.9 billion for Q4 2024 at Corebridge Financial, up from $7.6 billion in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $9.7 billion in Q3 2022, with the low at $4.8 billion in Q4 2021.
- Average Long-Term Deferred Tax over 4 years is $8.1 billion, with a median of $8.3 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Long-Term Deferred Tax jumped 82.57% in 2022, then dropped 13.19% in 2024.
- Over 4 years, Long-Term Deferred Tax stood at $4.8 billion in 2021, then surged by 82.57% to $8.8 billion in 2022, then decreased by 2.88% to $8.6 billion in 2023, then retreated by 7.86% to $7.9 billion in 2024.
- The last three Long-Term Deferred Tax figures came in at $7.9 billion (Q4 2024), $7.6 billion (Q3 2024), and $8.2 billion (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Manulife Financial | 73.85 Bn | 73.85 Bn | - |
| 2 | Metlife | 61.35 Bn | 34.04 Bn | 7.82 Bn |
| 3 | Sun Life Financial | 44.75 Bn | 40.00 Bn | - |
| 4 | Equitable Holdings | 14.45 Bn | -4.49 Bn | 1.22 Bn |
| 5 | Jackson Financial | 9.56 Bn | 3.58 Bn | - |
| 6 | Corebridge Financial | 9.50 Bn | -296.13 Bn | 2.79 Bn |
| 7 | Primerica | 9.07 Bn | 8.43 Bn | 717.74 Mn |
| 8 | Brookfield Wealth Solutions | 8.81 Bn | -3.97 Bn | 1.92 Bn |
| 9 | Lincoln National | 8.35 Bn | -3.33 Bn | 2.62 Bn |
| 10 | Prudential Financial | 5.31 Bn | -26.61 Bn | 7.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 7.90 Bn |
| Sep 30, 2024 | 7.63 Bn |
| Jun 30, 2024 | 8.22 Bn |
| Mar 31, 2024 | 8.35 Bn |
| Dec 31, 2023 | 8.58 Bn |
| Sep 30, 2023 | 8.79 Bn |
| Jun 30, 2023 | 8.22 Bn |
| Mar 31, 2023 | 8.44 Bn |
| Dec 31, 2022 | 8.83 Bn |
| Sep 30, 2022 | 9.72 Bn |
| Dec 31, 2021 | 4.84 Bn |