Corebridge Financial, Inc. (CRBG) vs Principal Financial Group, Inc. (PFG)
Corebridge Financial, Inc. and Principal Financial Group, Inc. are both Asset Management companies. Principal Financial Group, Inc. is the larger, with a market value of $24.4B against $15.2B — 1.6× the size. Principal Financial Group, Inc. trades at the lower P/E: 16.1× against 20.4×. Corebridge Financial, Inc. grew revenue faster over the last twelve months: 29.8% against 3.72%. Principal Financial Group, Inc. has the higher net margin (9.93% vs 4.43%) and the higher return on invested capital (10.3% vs 4.59%). Both pay a dividend; Corebridge Financial, Inc. yields more (11.5% vs 3.35%). Across the 22 metrics below, Principal Financial Group, Inc. leads on 13 and Corebridge Financial, Inc. on 9.
Valuation
Profitability
| Metric | CRBG | PFG | Asset Management median |
|---|---|---|---|
| Gross margin | 30.45% | 47.67% | 100.00% |
| Operating margin | 8.01% | 11.87% | 33.03% |
| Net margin | 4.43% | 9.93% | 13.53% |
| Free cash flow margin | 9.23% | 30.92% | 12.44% |
| Return on equity | 7.39% | 13.18% | 4.83% |
| Return on assets | 0.22% | 0.46% | 1.57% |
| Return on invested capital | 4.59% | 10.34% | 3.04% |
Growth
Health
Dividend
Size
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