Reinsurance Group of America, Incorporated

Reinsurance Group of America, Incorporated

RGA
Reinsurance Group of America, IncorporatedUS flagNew York Stock Exchange
245.41
USD
-1.34
- -
16.08BMarket Cap
Reinsurance Group of America, Incorporated
RGA
(New York Stock Exchange)

Recent

price

245.41

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
110.61
119.99
133.46
143.48
157.47
156.54
179.26
194.27
202.27
226.52
223.08
236.84
237.21
277.39
334.98
359.5
393.63
Revenue per Share
7.17
7.42
8.57
5.82
9.88
7.55
10.91
28.28
11.25
13.88
6.35
17.25
7.72
13.6
10.89
17.94
22.94
Basic EPS, GAAP
24.67
17.8
26.78
24.02
32.46
31.03
22.11
30.08
24.38
36.26
50.38
61.39
19.69
60.98
142.37
62.1
79.08
Free Cash Flow per Basic Share
0.47
0.6
0.84
1.08
1.26
1.4
1.56
1.82
2.2
2.6
2.78
2.86
3.06
3.3
3.48
3.64
3.71
Dividend per Share
68.71
79.31
93.47
83.87
102.13
94.09
110.31
148.48
134.52
185.15
211.19
193.75
106.2
138.39
164.2
205.63
209.73
Book Value per Share
68.71
76.86
91.49
82.48
100.85
92.85
109.2
147.5
133.09
183.89
210.22
193.03
105.81
138.13
164.08
205.53
209.73
Tangible Book Value per Share
75
74
74
72
69
67
64
64
64
63
65
68
67
66
66
66
66
Basic Weighted Avg Shares
8,262
8,830
9,841
10,318
10,904
10,418
11,522
12,516
12,876
14,199
14,584
16,061
15,880
18,396
22,047
23,683
25,878
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
15
31
27
53
45
49
49
43
38
41
46
43
- -
Depreciation Expense
536
546
632
419
684
502
701
1,822
716
870
415
1,170
517
902
717
1,182
1,508
Net Income, GAAP
33.55
28.49
31.26
34.07
32.17
32.58
32.81
- -
15.37
23.14
24.95
15.52
27.44
21.64
26.12
22.79
19.24
Effective Tax Rate (%)
6.48
6.18
6.42
4.06
6.27
4.82
6.09
14.56
5.56
6.13
2.85
7.28
3.26
4.9
3.25
4.99
5.83
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
1,016
2,067
2,467
2,699
3,072
3,197
3,629
3,572
3,070
3,579
3,561
3,847
3,561
4,427
5,042
5,710
5,709
LT Debt
5,041
5,819
6,910
5,936
7,023
6,135
7,093
9,570
8,450
11,601
14,352
13,014
7,171
9,171
10,906
13,551
13,784
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
10.51
8.13
7.24
5.24
8
6.07
7.69
- -
6.6
7.29
3.2
7.24
4.59
8.87
6.33
8.28
9.74
Return on Capital (%)
12.03
10.06
9.93
6.52
10.56
7.63
10.61
21.87
7.95
8.68
3.2
8.55
5.15
11.16
7.21
9.74
11.71
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
5,710
6,105
5,709
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
65
66
65
Market Capitalization
13,319
13,374
13,884

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
18,242
18,731
19,136
Accounts Receivable, Net
7,175
6,743
6,700
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
6,805
9,676
9,601
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.67%
3.37%
24.25%
Free Cash Flow
31.69%
48.05%
-56.34%
Net Income, GAAP
35.29%
48.99%
64.85%
Sales/Revenue/Turnover
8.72%
10.42%
7.42%
Total Cash Common Dividend
10.03%
5.69%
4.8%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,367
4,874
5,609
5,196
22,047
2025
5,289
5,556
6,229
6,608
23,683
2026
6,476
6,565
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.19
3.08
2.37
2.25
10.89
2025
4.33
2.72
3.8
7.06
17.94
2026
5.04
7.06
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.85
0.85
0.9
0.88
3.48
2025
0.89
0.89
0.92
0.93
3.64
2026
0.93
0.93
- -
- -
- -
Business
Reinsurance Group of America, Incorporated (RGA) provides global reinsurance and related risk-settlement services to life and health insurance and annuity companies. The company offers individual and group life and health reinsurance products, including term life, credit life, universal life, variable universal life, accidental death, and mortality risk products; longevity reinsurance; asset-intensive products such as guaranteed investment contracts, funding agreements, and annuities; and financial reinsurance, facultative reinsurance, and retrocession services. RGA operates through U.S. and Latin America, Europe, Middle East and Africa, and Asia Pacific segments, serving clients in over 30 countries with primary operations in the United States, Canada, Europe, Asia, Australia, and Latin America; it was founded in 1973 and is headquartered in Chesterfield, Missouri. RGA's core services also encompass underwriting, claims management, policy administration, and technology solutions like RGA Client Portal and analytics tools for risk assessment and optimization. The company targets primary life insurers, annuity providers, and financial institutions, focusing on mortality, morbidity, longevity, and lapse risks across individual and group markets. In recent developments, RGA announced strategic expansions including new longevity reinsurance transactions and partnerships enhancing its asset-intensive product offerings; it also completed key acquisitions to bolster its presence in high-growth markets like Asia Pacific within the last year. No major name changes or reorganizations have occurred recently. These initiatives support RGA's ongoing diversification and technological investments amid evolving global insurance dynamics.

Company News

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  • Reinsurance Group of America, Incorporated (NYSE:RGA) Receives Consensus Recommendation of “Moderate Buy” from Analysts

  • Reinsurance Group of America Q2 Earnings Call Highlights

  • Reinsurance Group of America, Incorporated (RGA) Q2 2026 Earnings Call Transcript