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Corebridge Financial, Inc.（CRBG）与F&G Annuities & Life, Inc.（FG）财务数据对比。点击上方公司名可切换其他公司
Corebridge Financial, Inc.的季度营收约是F&G Annuities & Life, Inc.的3.8倍（$6.7B vs $1.8B）。Corebridge Financial, Inc.净利率更高（12.1% vs 7.3%，领先4.8%）。F&G Annuities & Life, Inc.同比增速更快（13.2% vs 1.7%）。过去两年Corebridge Financial, Inc.的营收复合增速更高（7.4% vs 6.1%）
Corebridge Financial, Inc.是美国知名金融服务提供商，下设个人退休、人寿保险、退休服务、机构市场四大核心业务板块，可为客户提供年金、寿险产品、退休规划、财富管理等综合金融服务，满足不同群体的多元财务需求。
F&G年金人寿保险公司是一家总部位于美国爱荷华州得梅因的上市企业，成立于1959年，核心业务涵盖年金产品、人寿保险及养老金收购服务，长期为客户提供多元化的风险保障与养老财务解决方案。
CRBG vs FG — 直观对比
营收规模更大
CRBG
是对方的3.8倍
$1.8B
营收增速更快
FG
高出11.5%
1.7%
净利率更高
CRBG
高出4.8%
7.3%
两年增速更快
CRBG
近两年复合增速
6.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.7B | $1.8B |
| 净利润 | $814.0M | $128.0M |
| 毛利率 | — | — |
| 营业利润率 | 14.4% | — |
| 净利率 | 12.1% | 7.3% |
| 营收同比 | 1.7% | 13.2% |
| 净利润同比 | -62.5% | -60.9% |
| 每股收益（稀释后） | $1.44 | $0.97 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CRBGFG
| Q4 25 | $6.7B | $1.8B | ||
| Q3 25 | $5.4B | $1.7B | ||
| Q2 25 | $2.7B | $1.4B | ||
| Q1 25 | $3.6B | $908.0M | ||
| Q4 24 | $6.6B | $1.6B | ||
| Q3 24 | $2.6B | $1.4B | ||
| Q2 24 | $3.7B | $1.2B | ||
| Q1 24 | $5.8B | $1.6B |
净利润CRBGFG
| Q4 25 | $814.0M | $128.0M | ||
| Q3 25 | $144.0M | $118.0M | ||
| Q2 25 | $-660.0M | $40.0M | ||
| Q1 25 | $-664.0M | $-21.0M | ||
| Q4 24 | $2.2B | $327.0M | ||
| Q3 24 | $-1.2B | $-6.0M | ||
| Q2 24 | $365.0M | $203.0M | ||
| Q1 24 | $878.0M | $115.0M |
营业利润率CRBGFG
| Q4 25 | 14.4% | — | ||
| Q3 25 | -0.8% | — | ||
| Q2 25 | -22.2% | — | ||
| Q1 25 | -24.0% | — | ||
| Q4 24 | 44.2% | — | ||
| Q3 24 | -60.9% | — | ||
| Q2 24 | 12.3% | — | ||
| Q1 24 | 17.4% | — |
净利率CRBGFG
| Q4 25 | 12.1% | 7.3% | ||
| Q3 25 | 2.7% | 7.0% | ||
| Q2 25 | -24.1% | 2.9% | ||
| Q1 25 | -18.5% | -2.3% | ||
| Q4 24 | 32.8% | 21.0% | ||
| Q3 24 | -45.3% | -0.4% | ||
| Q2 24 | 9.8% | 17.3% | ||
| Q1 24 | 15.0% | 7.3% |
每股收益（稀释后）CRBGFG
| Q4 25 | $1.44 | $0.97 | ||
| Q3 25 | $0.27 | $0.85 | ||
| Q2 25 | $-1.20 | $0.26 | ||
| Q1 25 | $-1.19 | $-0.20 | ||
| Q4 24 | $3.74 | $2.53 | ||
| Q3 24 | $-2.02 | $-0.08 | ||
| Q2 24 | $0.59 | $1.55 | ||
| Q1 24 | $1.41 | $0.88 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $1.5B |
| 总债务越低越好 | — | $2.2B |
| 股东权益账面价值 | $13.2B | $4.8B |
| 总资产 | $413.5B | $98.4B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资CRBGFG
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $1.9B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | — | $2.4B |
总债务CRBGFG
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $1.7B |
股东权益CRBGFG
| Q4 25 | $13.2B | $4.8B | ||
| Q3 25 | $13.5B | $4.8B | ||
| Q2 25 | $12.3B | $4.4B | ||
| Q1 25 | $12.0B | $4.4B | ||
| Q4 24 | $11.5B | $4.0B | ||
| Q3 24 | $13.6B | $4.3B | ||
| Q2 24 | $11.0B | $3.7B | ||
| Q1 24 | $11.6B | $3.5B |
总资产CRBGFG
| Q4 25 | $413.5B | $98.4B | ||
| Q3 25 | $411.3B | $96.1B | ||
| Q2 25 | $399.2B | $91.8B | ||
| Q1 25 | $390.0B | $88.0B | ||
| Q4 24 | $389.4B | $85.0B | ||
| Q3 24 | $399.4B | $84.1B | ||
| Q2 24 | $382.5B | $78.5B | ||
| Q1 24 | $385.6B | $74.4B |
负债/权益比CRBGFG
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.46× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.56× | ||
| Q1 24 | — | 0.49× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.9B | $1.2B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 2.31× | 9.13× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CRBGFG
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $24.0M | $937.0M | ||
| Q2 25 | $-259.0M | $1.6B | ||
| Q1 25 | $375.0M | $956.0M | ||
| Q4 24 | $1.5B | $1.3B | ||
| Q3 24 | $83.0M | $2.1B | ||
| Q2 24 | $-9.0M | $1.1B | ||
| Q1 24 | $598.0M | $1.5B |
现金转化率CRBGFG
| Q4 25 | 2.31× | 9.13× | ||
| Q3 25 | 0.17× | 7.94× | ||
| Q2 25 | — | 40.50× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.68× | 4.04× | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.02× | 5.20× | ||
| Q1 24 | 0.68× | 13.34× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CRBG
| Institutional Markets Segment | $2.9B | 43% |
| Life Insurance Operating Segment | $1.1B | 16% |
| Individual Retirement Segment | $1.0B | 16% |
| Other | $1.0B | 15% |
| Group Retirement Segment | $667.0M | 10% |
FG
| Reportable Segment | $1.0B | 57% |
| Other | $728.0M | 41% |
| Roar Joint Venture LLC | $24.0M | 1% |
