Corebridge Financial (CRBG) Return on Invested Capital [ROIC] (2022 - 2024)
Corebridge Financial's Return on Invested Capital [ROIC] was -52.85% in Q3 2024, down 1.13 percentage points from -51.72% a year earlier and down 12.47 percentage points from the prior quarter.
Corebridge Financial (CRBG) Return on Invested Capital [ROIC] (2022 - 2024) Analysis & Trends
For FY2023, Return on Invested Capital [ROIC] at Corebridge Financial came in at -68.18%, down 80.59 percentage points from FY2022.
- In earlier years, Return on Invested Capital [ROIC] was 12.41% in FY2022.
- Quarterly Return on Invested Capital [ROIC] has moved between -72.79% (Q4 2023) and 26.78% (Q4 2022) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in 1 of the last four quarters, with an average year-over-year change of -33.23 percentage points.
- Per Business Quant data, CRBG's Return on Invested Capital [ROIC] in the three quarters before Q3 2024 was -40.38% (Q2 2024), -48.74% (Q1 2024) and -72.79% (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | -11.59% |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | 12.87% |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | 11.21% |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | -102.80% |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | 5.67% |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | 14.78% |
| 10 | Corebridge Financial | 15.16 Bn | -5.89 Bn | 2.79 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | -52.85% |
| Jun 30, 2024 | -40.38% |
| Mar 31, 2024 | -48.74% |
| Dec 31, 2023 | -72.79% |
| Sep 30, 2023 | -51.72% |
| Jun 30, 2023 | -40.64% |
| Mar 31, 2023 | -16.26% |
| Dec 31, 2022 | 26.78% |
Corebridge Financial Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CRBG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CRBG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CRBG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();