Reinsurance Group of America, Incorporated (RGA)

NYSE: RGA · Real-Time Price · USD

242.55

+1.85 (0.77%)

At close: Aug 20, 2026, 4:00 PM EDT

242.20

-0.35 (-0.14%)

Pre-market: Aug 21, 2026, 6:01 AM EDT

RGA Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

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
Revenue	25,970	23,698	22,107	18,567	16,227	16,667
Revenue Growth	19.40%	7.20%	19.07%	14.42%	-2.64%	14.19%
Operating Income	2,272	1,906	1,284	1,417	909	1,524
Net Income	1,508	1,182	717	902	517	1,170
Earnings Per Share	22.72	17.69	10.73	13.44	7.64	17.13
EPS Growth	97.34%	64.86%	-20.16%	75.92%	-55.40%	171.47%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
US and Latin America	13,715	12,331	12,921	10,697	8,909
Canada	2,074	2,035	1,888	1,578	1,589
Europe, Middle East and Africa	4,267	3,844	3,138	2,560	2,530
Asia Pacific	5,669	5,146	4,254	3,799	3,472
Corporate and Other	776	699	587	441	293
Revenue (Total)	25,970	23,698	22,107	18,567	16,227

Fiscal Year	Current	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
Cash & Investments	5,288	4,168	3,326	2,970	2,927	2,948
Total Debt	5,709	5,819	5,042	4,427	3,961	3,847
Net Cash (Debt)	-421	-1,651	-1,716	-1,457	-1,034	-899
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.35	-24.72	-25.65	-21.71	-15.27	-13.16

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
Operating Cash Flow	5,199	4,091	9,370	4,044	1,343	4,182
Capital Expenditures	-	-	-	-	-	-
Free Cash Flow	5,199	4,091	9,370	4,044	1,343	4,182
Free Cash Flow Growth	5.76%	-56.34%	131.70%	201.12%	-67.89%	26.96%

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
Operating Margin	8.75%	8.04%	5.81%	7.63%	5.60%	9.14%
Pretax Margin	7.22%	6.50%	4.43%	6.25%	4.42%	8.31%
Profit Margin	5.81%	4.99%	3.24%	4.86%	3.19%	7.02%
FCF Margin	20.02%	17.26%	42.38%	21.78%	8.28%	25.09%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 21, 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	3.920	3.640	3.480	3.300	3.060	2.860
Dividend Per Share Growth	4.72%	4.60%	5.46%	7.84%	6.99%	2.14%
Dividend Yield	1.62%	1.81%	1.68%	2.14%	2.31%	2.87%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 21, 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
PE Ratio	10.68	11.31	19.62	11.82	18.37	6.33
Forward PE	8.59	8.13	9.39	8.55	9.24	10.25
P/FCF Ratio	3.05	3.27	1.50	2.64	7.07	1.77
PS Ratio	0.61	0.56	0.64	0.57	0.59	0.44