Corebridge Financial
CRBG
#1043
Rank
$17.80 B
Marketcap
$29.27
Share price
-1.35%
Change (1 day)
51.34%
Change (1 year)

Operating Margin for Corebridge Financial (CRBG)

Operating Margin as of July 2024 (TTM): 15.12%

According to Corebridge Financial's latest financial reports and stock price the company's current Operating Margin is 15.12%. At the end of 2022 the company had an Operating Margin of 39.21%.

Operating Margin history for Corebridge Financial from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202239.21%-9.45%
202143.30%666.31%
20205.65%436.95%
20191.05%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.