Corebridge Financial vs Principal Financial
Corebridge Financial is the larger business, with $18.48bn of revenue in fiscal 2025 against $15.63bn for Principal Financial (1.2 times as much). Corebridge Financial grew faster (-1.2% against -3.1%). Principal Financial kept more of each dollar of sales as profit: a net margin of 7.6% against -2.0%. Principal Financial carries less debt relative to equity (33.3% against 82.6%).
| Latest fiscal year | Corebridge FinancialCRBG, 2025 | Principal FinancialPFG, 2025 |
|---|---|---|
| Revenue | $18.48bn | $15.63bn |
| Revenue growth | -1.2% | -3.1% |
| Net income | −$366m | $1.19bn |
| Operating margin | — | — |
| Net margin | -2.0% | 7.6% |
| Return on equity | -3.0% | 10.3% |
| Free cash flow | — | — |
| Cash | $453m | $4.43bn |
| Total debt | $10.91bn | $3.96bn |
| Debt to equity | 82.6% | 33.3% |
| Dividend per share | — | $3.08 |
| Dividend yield | 3.0% | — |
| Share buybacks | $2.12bn | $903m |
| Employees | 4,800 | 19,700 |
| Market value | $16.03bn | $23.96bn |
| Price vs our value range | — | — |
| Moat score | — | 39 (Weak) |
| Insider trades, 12 months | 43 buys, 6 sales | 1 buys, 12 sales |