Great-West Lifeco Inc. (TSX:GWO)
Canada · Delayed Price · Currency is CAD 89.54
+0.96 (1.08%)
Sep 2, 2026, 11:09 AM EST
Great-West Lifeco Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Premiums & Annuity Revenue | 22,805 | 22,321 | 21,214 | 20,402 | 19,632 | 52,813 |
Total Interest & Dividend Income | 6,200 | 6,309 | 7,603 | 3,523 | 28,212 | 6,284 |
Gain (Loss) on Sale of Investments | 2,120 | 3,927 | 1,631 | 6,250 | -31,063 | -1,944 |
Other Revenue | 5,296 | 2,893 | 4,292 | 1,068 | 13,612 | 7,294 |
| 36,421 | 35,450 | 34,740 | 31,243 | 30,393 | 64,447 | |
Revenue Growth | 3.82% | 2.04% | 11.19% | 2.80% | -52.84% | 6.22% |
Policy Benefits | 18,134 | 17,886 | 17,122 | 16,557 | 16,105 | 50,295 |
Policy Acquisition & Underwriting Costs | 843 | 843 | 748 | 702 | 637 | 2,664 |
Amortization of Goodwill & Intangibles | 442 | 441 | 415 | 366 | 354 | 336 |
Selling, General & Administrative | 7,619 | 7,461 | 7,050 | 6,402 | 5,604 | 6,337 |
Other Operating Expenses | 213 | 213 | 97 | 62 | 61 | 500 |
Total Operating Expenses | 27,238 | 26,835 | 25,425 | 24,090 | 22,803 | 60,162 |
Operating Income | 9,183 | 8,615 | 9,315 | 7,153 | 7,590 | 4,285 |
Interest Expense | -3,490 | -3,520 | -4,186 | -3,832 | -3,324 | -313 |
Other Non Operating Income (Expenses) | -25 | -25 | -26 | -27 | -24 | -15 |
EBT Excluding Unusual Items | 5,668 | 5,070 | 5,103 | 3,294 | 4,242 | 3,957 |
Merger & Restructuring Charges | -133 | -375 | -122 | -226 | -178 | -90 |
Pretax Income | 5,535 | 4,695 | 4,981 | 3,068 | 4,064 | 3,867 |
Income Tax Expense | 780 | 534 | 737 | 53 | 394 | 304 |
Earnings From Continuing Ops. | 4,755 | 4,161 | 4,244 | 3,015 | 3,670 | 3,563 |
Earnings From Discontinued Ops. | - | - | -71 | -124 | -32 | - |
Net Income to Company | 4,755 | 4,161 | 4,173 | 2,891 | 3,638 | 3,563 |
Minority Interest in Earnings | -123 | -41 | -103 | -23 | 88 | -301 |
Net Income | 4,632 | 4,120 | 4,070 | 2,868 | 3,726 | 3,262 |
Preferred Dividends & Other Adjustments | 195 | 160 | 130 | 130 | 130 | 134 |
Net Income to Common | 4,437 | 3,960 | 3,940 | 2,738 | 3,596 | 3,128 |
Net Income Growth | 18.99% | 0.51% | 43.90% | -23.86% | 14.96% | 6.29% |
Shares Outstanding (Basic) | 909 | 924 | 932 | 932 | 932 | 929 |
Shares Outstanding (Diluted) | 914 | 929 | 935 | 934 | 932 | 931 |
Shares Change | -2.17% | -0.68% | 0.17% | 0.13% | 0.14% | 0.34% |
EPS (Basic) | 4.88 | 4.29 | 4.23 | 2.94 | 3.86 | 3.37 |
EPS (Diluted) | 4.84 | 4.26 | 4.21 | 2.94 | 3.86 | 3.36 |
EPS Growth | 20.88% | 1.09% | 43.47% | -23.82% | 14.75% | 5.93% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 2.560 | 2.440 | 2.220 | 2.080 | 1.960 | 1.804 |
Dividend Growth | 9.87% | 9.91% | 6.73% | 6.12% | 8.65% | 2.97% |
Operating Margin | 25.21% | 24.30% | 26.81% | 22.89% | 24.97% | 6.65% |
Profit Margin | 12.18% | 11.17% | 11.34% | 8.76% | 11.83% | 4.85% |
EBITDA | 9,710 | 9,141 | 9,817 | 7,606 | 8,049 | 4,740 |
EBITDA Margin | 26.66% | 25.79% | 28.26% | 24.34% | 26.48% | 7.36% |
D&A For EBITDA | 527 | 526 | 502 | 453 | 459 | 455 |
EBIT | 9,183 | 8,615 | 9,315 | 7,153 | 7,590 | 4,285 |
EBIT Margin | 25.21% | 24.30% | 26.81% | 22.89% | 24.97% | 6.65% |
Effective Tax Rate | 14.09% | 11.37% | 14.80% | 1.73% | 9.70% | 7.86% |
Revenue as Reported | - | - | - | - | - | 64,417 |