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
242.65
+0.10 (0.04%)
Pre-market: Aug 21, 2026, 8:23 AM EDT
RGA Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. 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 | 18,127 | 17,230 | 17,843 | 15,085 | 13,078 | 12,513 |
Total Interest & Dividend Income | 6,422 | 5,613 | 4,320 | 3,410 | 2,830 | 2,719 |
Gain (Loss) on Sale of Investments | -368 | -245 | -745 | -481 | -539 | 567 |
Other Revenue | 1,789 | 1,100 | 689 | 553 | 858 | 868 |
| 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% |
Policy Benefits | 20,325 | 18,638 | 17,914 | 14,664 | 12,965 | 12,882 |
Policy Acquisition & Underwriting Costs | 1,991 | 1,821 | 1,641 | 1,397 | 1,344 | 1,325 |
Other Operating Expenses | 1,340 | 1,291 | 1,208 | 1,043 | 964 | 881 |
Total Operating Expenses | 23,698 | 21,792 | 20,823 | 17,150 | 15,318 | 15,143 |
Operating Income | 2,272 | 1,906 | 1,284 | 1,417 | 909 | 1,524 |
Interest Expense | -396 | -366 | -304 | -257 | -191 | -139 |
Pretax Income | 1,876 | 1,540 | 980 | 1,160 | 718 | 1,385 |
Income Tax Expense | 361 | 351 | 256 | 251 | 197 | 215 |
Earnings From Continuing Ops. | 1,515 | 1,189 | 724 | 909 | 521 | 1,170 |
Minority Interest in Earnings | -7 | -7 | -7 | -7 | -4 | - |
Net Income | 1,508 | 1,182 | 717 | 902 | 517 | 1,170 |
Net Income to Common | 1,508 | 1,182 | 717 | 902 | 517 | 1,170 |
Net Income Growth | 95.84% | 64.85% | -20.51% | 74.47% | -55.81% | 181.93% |
Shares Outstanding (Basic) | 65 | 66 | 66 | 66 | 67 | 68 |
Shares Outstanding (Diluted) | 66 | 67 | 67 | 67 | 68 | 68 |
Shares Change | -0.90% | -0.15% | -0.30% | -0.89% | -0.88% | 3.80% |
EPS (Basic) | 23.06 | 17.94 | 10.90 | 13.60 | 7.73 | 17.26 |
EPS (Diluted) | 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% |
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 |
Free Cash Flow | 5,199 | 4,091 | 9,370 | 4,044 | 1,343 | 4,182 |
Free Cash Flow Per Share | 78.42 | 61.24 | 140.06 | 60.27 | 19.84 | 61.23 |
Dividend Per Share | 3.720 | 3.640 | 3.480 | 3.300 | 3.060 | 2.860 |
Dividend Growth | 4.49% | 4.60% | 5.46% | 7.84% | 6.99% | 2.14% |
Operating Margin | 8.75% | 8.04% | 5.81% | 7.63% | 5.60% | 9.14% |
Profit Margin | 5.81% | 4.99% | 3.24% | 4.86% | 3.19% | 7.02% |
Free Cash Flow Margin | 20.02% | 17.26% | 42.38% | 21.78% | 8.28% | 25.09% |
EBITDA | 2,314 | 1,949 | 1,330 | 1,458 | 947 | 1,567 |
EBITDA Margin | 8.91% | 8.22% | 6.02% | 7.85% | 5.84% | 9.40% |
D&A For EBITDA | 41.5 | 43 | 46 | 41 | 38 | 43 |
EBIT | 2,272 | 1,906 | 1,284 | 1,417 | 909 | 1,524 |
EBIT Margin | 8.75% | 8.04% | 5.81% | 7.63% | 5.60% | 9.14% |
Effective Tax Rate | 19.24% | 22.79% | 26.12% | 21.64% | 27.44% | 15.52% |
Revenue as Reported | 25,970 | 23,698 | 22,107 | 18,567 | 16,227 | 16,667 |