Corebridge Financial, Inc. (CRBG) vs Pershing Square Inc. (PS)

Corebridge Financial, Inc. and Pershing Square Inc. are both Asset Management companies. Pershing Square Inc. is the larger, with a market value of $20.1B against $15.0B — 1.3× the size. Corebridge Financial, Inc. has the higher net margin (10.5% vs −67.6%) and the higher return on invested capital (13.4% vs −2.43%). Across the 12 metrics below, Corebridge Financial, Inc. leads on 10 and Pershing Square Inc. on 2.

Valuation

Metric CRBG PS Asset Management median
P/E 7.30 — 13.38
P/S 0.73 91.98 2.99
P/B 2.20 14.18 0.91
Price to free cash flow 6.26 n/m 7.79
EV/EBITDA — n/m —
EV/Sales — 81.89 —
Earnings yield 13.69% — 4.67%
Free cash flow yield 15.97% (0.40%) 4.85%

Profitability

Metric CRBG PS Asset Management median
Gross margin 38.87% 100.00% 100.00%
Operating margin 19.09% (25.11%) 27.27%
Net margin 10.50% (67.64%) 11.89%
Free cash flow margin 11.69% (36.88%) 5.96%
Return on equity 20.56% 0.00% 4.57%
Return on assets 0.54% (16.21%) 1.40%
Return on invested capital 13.38% (2.43%) 2.12%

Growth

Metric CRBG PS Asset Management median
Revenue growth (TTM) 13.86% — 7.26%
EPS growth (last fiscal year) (118.28%) — (5.64%)
Revenue growth, 5-year CAGR 4.18% — 11.84%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric CRBG PS Asset Management median
Debt to equity 1.56 0.00 0.40
Current ratio 0.09 0.04 1.23
Net debt to EBITDA 18.45 — 1.06

Dividend

Metric CRBG PS Asset Management median
Dividend yield 2.90% — 6.43%
Payout ratio 0.21 — 0.91

Size

Metric CRBG PS Asset Management median
Market cap 15.01b 20.14b 692.54m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack