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Reinsurance Group of America (RGA) Financials

Reinsurance Group of America logo
$204.28 +4.67 (+2.34%)
Closing price 05/27/2025 03:59 PM Eastern
Extended Trading
$204.35 +0.07 (+0.04%)
As of 05/27/2025 06:08 PM Eastern
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Annual Income Statements for Reinsurance Group of America

Annual Income Statements for Reinsurance Group of America

This table shows Reinsurance Group of America's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
717 902 517 1,170 415 870 716 1,822 701 502
Consolidated Net Income / (Loss)
724 909 521 1,170 415 870 716 1,822 701 502
Net Income / (Loss) Continuing Operations
724 909 521 1,170 415 870 716 1,822 701 502
Total Pre-Tax Income
980 1,160 718 1,385 553 1,132 846 1,143 1,044 745
Total Revenue
21,803 18,310 16,036 16,528 14,426 14,127 12,729 12,370 11,384 10,275
Net Interest Income / (Expense)
-304 -257 -191 -139 -170 -173 -147 -146 -138 -143
Total Interest Income
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense
304 257 191 139 170 173 147 146 138 143
Long-Term Debt Interest Expense
304 257 191 139 170 173 147 146 138 143
Total Non-Interest Income
22,107 18,567 16,227 16,667 14,596 14,300 12,876 12,516 11,522 10,418
Other Service Charges
593 372 527 449 360 392 363 352 267 278
Net Realized & Unrealized Capital Gains on Investments
3,671 3,110 2,622 3,705 2,542 2,611 1,997 2,366 2,045 1,570
Premiums Earned
17,843 15,085 13,078 12,513 11,694 11,297 10,544 9,841 9,249 8,571
Total Non-Interest Expense
20,855 17,212 15,027 14,576 13,873 12,995 11,883 11,227 10,340 9,531
Property & Liability Insurance Claims
17,990 14,736 12,664 12,373 11,779 10,894 9,744 9,021 8,358 7,826
Amortization of Deferred Policy Acquisition Costs
1,641 1,397 - 1,325 1,261 1,204 1,323 1,467 1,311 1,127
Other Operating Expenses
1,268 1,089 1,009 936 816 868 786 710 646 554
Other Special Charges
-44 -10 10 -58 17 29 30 29 26 23
Nonoperating Income / (Expense), net
32 62 -291 -567 - - - - - -
Income Tax Expense
256 251 197 215 138 262 130 -679 343 243
Net Income / (Loss) Attributable to Noncontrolling Interest
7.00 7.00 4.00 0.00 0.00 - - - - -
Basic Earnings per Share
$10.90 $13.60 $7.73 $17.26 - - - - - -
Weighted Average Basic Shares Outstanding
66.02M 65.76M 66.86M 67.19M 67.97M 62.58M 63.66M 64.43M 64.27M 66.55M
Diluted Earnings per Share
$10.73 $13.44 $7.64 $17.13 - - - - - -
Weighted Average Diluted Shares Outstanding
66.02M 65.76M 66.86M 67.19M 67.97M 62.58M 63.66M 64.43M 64.27M 66.55M
Weighted Average Basic & Diluted Shares Outstanding
66.02M 65.76M 66.86M 67.19M 67.97M 62.58M 63.66M 64.43M 64.27M 66.55M
Cash Dividends to Common per Share
$3.48 $3.30 $3.06 $2.86 $2.80 $2.60 $2,200.00 $1.82 $1,560.00 $1.40

Quarterly Income Statements for Reinsurance Group of America

This table shows Reinsurance Group of America's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
286 148 156 203 210 158 287 205 252 291 -76
Consolidated Net Income / (Loss)
288 150 158 204 212 160 289 207 253 293 -75
Net Income / (Loss) Continuing Operations
288 150 158 204 212 160 289 207 253 293 -75
Total Pre-Tax Income
369 225 214 269 272 164 380 265 351 381 -77
Total Revenue
5,180 5,155 5,573 4,806 6,269 4,938 5,081 4,093 4,198 4,301 4,001
Net Interest Income / (Expense)
-80 -86 -78 -72 -68 -69 -72 -63 -53 -56 -49
Total Interest Income
0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Expense
80 86 78 72 68 69 72 63 53 56 49
Long-Term Debt Interest Expense
80 86 78 72 68 69 72 63 53 56 49
Total Non-Interest Income
5,260 5,241 5,651 4,878 6,337 5,007 5,153 4,156 4,251 4,357 4,050
Other Service Charges
88 147 150 147 149 98 102 85 87 89 188
Net Realized & Unrealized Capital Gains on Investments
1,153 938 1,110 811 812 801 796 734 779 822 615
Premiums Earned
4,019 4,156 4,391 3,920 5,376 4,108 4,255 3,337 3,385 3,446 3,247
Total Non-Interest Expense
4,867 4,999 5,208 4,627 6,021 4,741 4,783 3,815 3,873 3,873 3,852
Property & Liability Insurance Claims
4,121 4,235 4,426 3,943 5,386 4,054 4,182 3,222 3,278 3,281 3,237
Amortization of Deferred Policy Acquisition Costs
417 411 452 391 387 369 348 349 331 - 341
Other Operating Expenses
300 385 299 301 283 290 274 275 250 289 251
Other Special Charges
29 -32 31 -8.00 -35 28 -21 -31 14 -20 23
Nonoperating Income / (Expense), net
56 69 -151 90 24 -33 82 -13 26 - -226
Income Tax Expense
81 75 56 65 60 4.00 91 58 98 88 -2.00
Net Income / (Loss) Attributable to Noncontrolling Interest
2.00 2.00 2.00 1.00 2.00 2.00 2.00 2.00 1.00 2.00 1.00
Basic Earnings per Share
$4.33 $2.26 $2.37 $3.07 $3.20 $2.40 $4.34 $3.09 $3.77 $4.36 ($1.13)
Weighted Average Basic Shares Outstanding
66.09M 66.02M 65.86M 65.86M 65.79M 65.76M 65.91M 66.21M 66.54M 66.86M 66.84M
Diluted Earnings per Share
$4.27 $2.21 $2.33 $3.03 $3.16 $2.38 $4.29 $3.05 $3.72 $4.31 ($1.13)
Weighted Average Diluted Shares Outstanding
66.09M 66.02M 65.86M 65.86M 65.79M 65.76M 65.91M 66.21M 66.54M 66.86M 66.84M
Weighted Average Basic & Diluted Shares Outstanding
66.09M 66.02M 65.86M 65.86M 65.79M 65.76M 65.91M 66.21M 66.54M 66.86M 66.84M
Cash Dividends to Common per Share
$0.89 - $0.89 $0.85 $0.85 - $0.85 $0.80 $0.80 - $0.80

Annual Cash Flow Statements for Reinsurance Group of America

This table details how cash moves in and out of Reinsurance Group of America's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
356 43 -21 -460 1,959 -441 586 103 -325 -120
Net Cash From Operating Activities
9,370 4,044 1,343 4,182 3,322 2,307 1,581 1,982 1,466 2,089
Net Cash From Continuing Operating Activities
8,820 3,103 1,210 3,012 3,322 2,307 1,581 1,982 1,466 2,089
Net Income / (Loss) Continuing Operations
0.00 0.00 0.00 0.00 415 870 716 1,822 701 502
Depreciation Expense
46 41 38 43 49 49 45 53 27 31
Amortization Expense
-214 -127 -71 -54 -46 -55 -57 -105 -94 -77
Non-Cash Adjustments to Reconcile Net Income
572 557 154 -1,047 -81 63 175 -991 317 261
Changes in Operating Assets and Liabilities, net
8,416 2,632 1,089 4,070 2,985 1,380 702 1,203 514 1,371
Net Cash From Investing Activities
-12,545 -4,066 -5,688 -4,628 -2,680 -2,638 -637 -1,608 -2,826 -1,432
Net Cash From Continuing Investing Activities
-12,545 -1,809 -5,652 -4,628 -2,680 -2,638 -637 -1,608 -2,826 -1,432
Purchase of Investment Securities
-44,211 -15,031 -19,111 -19,684 -10,898 -17,492 -11,153 -10,108 -9,190 -7,395
Divestitures
0.00 0.00 14 19 0.00 0.00 - - - -
Sale and/or Maturity of Investments
31,392 12,619 13,585 15,104 8,377 14,990 10,644 8,612 6,489 6,480
Other Investing Activities, net
274 603 - -67 -131 -102 -99 -68 -80 -492
Net Cash From Financing Activities
3,661 78 4,436 20 1,254 -121 -322 -324 1,055 -708
Net Cash From Continuing Financing Activities
3,661 -525 4,609 20 1,254 -121 -322 -324 1,055 -708
Net Change in Deposits
268 227 -44 91 0.00 0.00 - - - -
Issuance of Debt
640 890 690 494 598 599 0.00 0.00 800 164
Repayment of Debt
-4,759 -4,056 -1,546 -2,032 -1,025 -1,608 -793 -1,123 -605 -738
Repurchase of Common Equity
-27 -227 -81 -99 -163 -101 -300 -109 -123 -385
Payment of Dividends
-229 -219 -205 -194 -182 -163 -140 -117 -100 -93
Other Financing Activities, Net
7,768 2,860 5,795 1,760 1,545 1,152 911 1,025 1,057 291
Effect of Exchange Rate Changes
-130 -13 -112 -34 63 11 -36 53 -20 -69
Cash Interest Paid
213 217 163 160 166 180 170 173 157 148
Cash Income Taxes Paid
78 298 129 368 108 44 142 37 61 42

Quarterly Cash Flow Statements for Reinsurance Group of America

This table details how cash moves in and out of Reinsurance Group of America's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
396 5,901 -468 -2,306 -2,771 2,968 -778 -940 -1,207 492 121
Net Cash From Operating Activities
-1,429 17,140 -1,067 -967 -5,736 6,862 -1,000 -244 -1,574 2,420 -835
Net Cash From Continuing Operating Activities
0.00 8,820 - - 0.00 3,103 - - 0.00 1,210 -
Net Income / (Loss) Continuing Operations
0.00 - - - 0.00 - - - 0.00 - -
Net Cash From Investing Activities
-1,695 -4,162 -1,207 -3,456 -3,720 -1,474 -104 -783 -1,705 -893 -1,584
Net Cash From Continuing Investing Activities
-1,695 -4,162 -1,207 -3,456 -3,720 783 -104 -783 -1,705 -857 -1,584
Purchase of Investment Securities
-9,772 -11,656 -8,964 -13,548 -10,043 -4,559 -3,234 -2,985 -4,253 -4,194 -4,197
Sale and/or Maturity of Investments
7,957 7,477 7,675 10,014 6,226 5,022 3,042 2,088 2,467 3,443 2,624
Other Investing Activities, net
120 17 82 78 97 320 88 114 81 - -4.00
Net Cash From Financing Activities
2,067 797 639 1,220 1,005 349 -639 -129 497 -25 1,776
Net Cash From Continuing Financing Activities
2,067 797 639 1,220 1,005 -254 -639 -129 497 148 1,776
Net Change in Deposits
50 47 70 62 89 186 17 13 11 -12 -
Issuance of Debt
691 - - 640 0.00 - - 396 494 -10 700
Repayment of Debt
-1,128 -864 -1,307 -1,175 -1,413 -1,002 -1,309 -864 -881 -126 -606
Repurchase of Common Equity
-38 -1.00 -7.00 -3.00 -16 -58 -50 -52 -67 -27 -27
Payment of Dividends
-59 -58 -59 -56 -56 -56 -56 -54 -53 -53 -54
Other Financing Activities, Net
2,551 1,673 1,942 1,752 2,401 676 759 432 993 376 1,763
Effect of Exchange Rate Changes
24 -104 100 -70 -56 49 -35 -28 1.00 67 -71
Cash Interest Paid
61 54 56 54 49 71 49 54 43 57 34
Cash Income Taxes Paid
63 28 9.00 25 16 58 79 132 29 21 -11

Annual Balance Sheets for Reinsurance Group of America

This table presents Reinsurance Group of America's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
118,675 97,623 84,904 92,175 84,656 76,731 64,535 60,515 53,098 50,383
Cash and Due from Banks
3,326 2,970 2,927 2,948 3,408 1,449 1,890 1,304 1,201 1,525
Trading Account Securities
77,772 60,606 53,035 60,900 56,867 51,441 40,074 38,251 32,094 29,643
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income
986 759 630 533 511 493 428 393 347 339
Mortgage Servicing Rights
8,839 7,377 6,590 6,283 5,787 5,706 4,966 4,401 3,776 3,130
Unearned Premiums Asset
3,898 3,528 3,013 2,888 2,842 2,940 3,018 2,338 1,931 1,798
Deferred Acquisition Cost
5,543 4,617 4,128 3,690 3,616 3,512 3,398 3,240 3,339 3,392
Other Assets
18,311 17,766 14,581 14,933 11,625 11,190 10,761 10,589 10,411 10,556
Total Liabilities & Shareholders' Equity
118,675 97,623 84,904 92,175 84,656 76,731 64,535 60,515 53,098 50,383
Total Liabilities
107,769 88,452 77,733 79,161 70,304 65,130 56,085 50,945 46,005 44,248
Long-Term Debt
5,042 4,427 3,961 3,847 3,961 3,579 3,470 3,572 3,929 3,197
Claims and Claim Expense
2,693 2,730 2,480 6,993 6,413 5,711 5,643 4,992 4,263 4,095
Future Policy Benefits
53,368 41,231 35,689 35,782 31,453 28,672 25,285 22,363 19,582 19,612
Other Long-Term Liabilities
46,666 40,064 35,603 32,539 28,477 27,168 21,687 20,018 18,231 17,344
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
10,906 9,171 7,171 13,014 14,352 11,601 8,450 9,570 7,093 6,135
Total Preferred & Common Equity
10,816 9,081 7,081 13,014 14,352 11,601 8,450 9,570 7,093 6,135
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
10,816 9,081 7,081 13,014 14,352 11,601 8,450 9,570 7,093 6,135
Common Stock
2,601 2,545 2,503 2,462 2,407 1,938 1,900 1,872 1,849 1,817
Retained Earnings
9,255 8,805 8,169 8,563 8,148 7,952 7,285 6,736 5,199 4,620
Treasury Stock
-1,889 -1,900 -1,720 -1,653 -1,562 -1,426 -1,371 -1,102 -1,095 -1,010
Accumulated Other Comprehensive Income / (Loss)
849 -369 -1,871 3,642 5,359 3,137 636 2,064 1,139 708
Noncontrolling Interest
90 90 90 0.00 - - - - - -

Quarterly Balance Sheets for Reinsurance Group of America

This table presents Reinsurance Group of America's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
128,210 120,258 109,888 106,000 87,422 89,040 89,120 82,705
Cash and Due from Banks
5,151 5,195 4,596 5,935 2,820 2,598 3,294 3,512
Trading Account Securities
84,660 78,304 70,635 65,971 54,304 56,372 56,223 50,632
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income
1,059 995 881 808 744 702 672 628
Mortgage Servicing Rights
9,331 8,388 7,984 7,539 7,231 7,038 6,833 6,558
Unearned Premiums Asset
3,749 3,738 3,635 3,342 3,279 3,321 3,114 2,820
Deferred Acquisition Cost
5,649 5,477 4,720 4,673 4,289 4,286 4,257 3,887
Other Assets
18,611 18,161 17,437 17,732 12,195 12,250 12,322 14,668
Total Liabilities & Shareholders' Equity
128,210 120,258 109,888 106,000 87,422 89,040 89,120 82,705
Total Liabilities
116,718 109,041 100,063 96,442 79,269 81,145 81,404 78,962
Long-Term Debt
5,734 5,067 5,067 4,427 4,450 4,850 4,455 4,207
Claims and Claim Expense
2,870 2,875 2,769 2,753 2,654 2,579 2,558 6,249
Future Policy Benefits
59,836 55,933 50,779 47,067 36,474 38,239 38,222 33,715
Other Long-Term Liabilities
48,278 45,166 41,448 42,195 35,467 35,242 35,908 34,791
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
11,492 11,217 9,825 9,558 8,153 7,895 7,716 3,743
Total Preferred & Common Equity
11,402 11,127 9,735 9,468 8,063 7,805 7,626 3,653
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
11,402 11,127 9,735 9,468 8,063 7,805 7,626 3,653
Common Stock
2,609 2,578 2,568 2,550 2,535 2,523 2,507 2,494
Retained Earnings
9,443 9,166 9,076 8,934 8,713 8,483 8,336 8,820
Treasury Stock
-1,888 -1,889 -1,889 -1,891 -1,852 -1,803 -1,756 -1,697
Accumulated Other Comprehensive Income / (Loss)
1,238 1,272 -20 -125 -1,333 -1,398 -1,461 -5,964
Noncontrolling Interest
90 90 90 90 90 90 90 90

Annual Metrics And Ratios for Reinsurance Group of America

This table displays calculated financial ratios and metrics derived from Reinsurance Group of America's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
19.08% 14.18% -2.98% 14.57% 2.12% 10.98% 2.90% 8.66% 10.79% -4.92%
EBITDA Growth
-22.92% 3.69% -49.72% 249.10% -50.62% 35.01% -23.56% 11.69% 39.83% -24.18%
EBIT Growth
-13.66% 8.82% -48.31% 252.98% -51.15% 33.81% -25.98% 9.49% 40.17% -26.15%
NOPAT Growth
-18.60% 17.52% -55.60% 297.35% -52.30% 21.51% -60.70% 159.75% 39.68% -26.59%
Net Income Growth
-20.35% 74.47% -55.47% 181.93% -52.30% 21.51% -60.70% 159.75% 39.68% -26.59%
EPS Growth
-20.16% 75.92% -55.40% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth
131.70% 201.12% -67.89% 25.89% 44.00% 45.92% -20.23% 35.22% -29.82% -10.60%
Free Cash Flow Firm Growth
-2.74% -124.85% 108.36% 214.09% -13.72% -223.33% 751.55% 69.92% -178.16% 262.95%
Invested Capital Growth
17.28% 22.15% -33.98% -7.93% 20.64% 27.35% -9.30% 19.23% 18.11% -7.56%
Revenue Q/Q Growth
1.01% 3.60% -0.35% 0.97% 3.28% 3.68% 0.35% 1.37% 2.11% 0.84%
EBITDA Q/Q Growth
-21.13% -23.85% -48.60% -53.82% 120.53% 17.03% -13.34% 1.17% 10.55% -4.41%
EBIT Q/Q Growth
-4.15% -17.38% -46.87% -53.56% 120.42% 17.66% -12.20% -3.37% 9.30% -8.59%
NOPAT Q/Q Growth
-11.34% -17.43% -21.86% 150.22% -8.19% 16.75% -60.71% 129.06% 4.01% -5.27%
Net Income Q/Q Growth
-1.36% -12.76% -44.40% 97.30% -19.88% 16.75% -60.71% 129.06% 4.01% -5.27%
EPS Q/Q Growth
-1.56% -12.56% -44.36% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
1,131.94% 1,116.08% 287.57% -4.17% 0.00% 2.77% -20.06% 27.84% -34.27% 5.68%
Free Cash Flow Firm Q/Q Growth
42.94% 55.54% -30.96% 109.24% -121.41% 11.22% 35.81% -128.53% 44.65% 135.01%
Invested Capital Q/Q Growth
-2.06% 7.89% 40.03% 2.99% 6.50% -2.16% -1.31% 12.49% -7.60% -1.44%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
3.58% 5.53% 6.09% 11.74% 3.85% 7.97% 6.55% 8.82% 8.58% 6.80%
EBIT Margin
4.35% 6.00% 6.29% 11.81% 3.83% 8.01% 6.65% 9.24% 9.17% 7.25%
Profit (Net Income) Margin
3.32% 4.96% 3.25% 7.08% 2.88% 6.16% 5.63% 14.73% 6.16% 4.89%
Tax Burden Percent
73.88% 78.36% 72.56% 84.48% 75.05% 76.86% 84.63% 159.41% 67.19% 67.42%
Interest Burden Percent
103.38% 105.65% 71.16% 70.95% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
26.12% 21.64% 27.44% 15.52% 24.95% 23.14% 15.37% -59.41% 32.81% 32.58%
Return on Invested Capital (ROIC)
4.74% 6.96% 5.23% 9.38% 2.48% 6.42% 5.71% 15.08% 6.89% 5.17%
ROIC Less NNEP Spread (ROIC-NNEP)
5.24% 8.12% -0.18% -2.89% 2.48% 6.42% 5.71% 15.08% 6.89% 5.17%
Return on Net Nonoperating Assets (RNNOA)
2.47% 4.17% -0.07% -0.83% 0.72% 2.26% 2.23% 6.79% 3.71% 2.46%
Return on Equity (ROE)
7.21% 11.12% 5.16% 8.55% 3.20% 8.68% 7.95% 21.87% 10.61% 7.63%
Cash Return on Invested Capital (CROIC)
-11.17% -12.98% 46.16% 17.63% -16.23% -17.64% 15.46% -2.46% -9.72% 13.03%
Operating Return on Assets (OROA)
0.88% 1.20% 1.14% 2.21% 0.69% 1.60% 1.35% 2.01% 2.02% 1.57%
Return on Assets (ROA)
0.67% 1.00% 0.59% 1.32% 0.51% 1.23% 1.15% 3.21% 1.36% 1.06%
Return on Common Equity (ROCE)
7.15% 11.00% 5.14% 8.55% 3.20% 8.68% 7.95% 21.87% 10.61% 7.63%
Return on Equity Simple (ROE_SIMPLE)
6.69% 10.01% 7.36% 8.99% 2.89% 7.50% 8.47% 19.04% 9.89% 8.18%
Net Operating Profit after Tax (NOPAT)
700 860 732 1,649 415 870 716 1,822 701 502
NOPAT Margin
3.21% 4.70% 4.57% 9.98% 2.88% 6.16% 5.63% 14.73% 6.16% 4.89%
Net Nonoperating Expense Percent (NNEP)
-0.50% -1.16% 5.41% 12.27% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
95.65% 94.00% 93.71% 88.19% 96.17% 91.99% 93.35% 90.76% 90.83% 92.75%
Earnings before Interest and Taxes (EBIT)
948 1,098 1,009 1,952 553 1,132 846 1,143 1,044 745
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
780 1,012 976 1,941 556 1,126 834 1,091 977 699
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.30 1.15 1.28 0.54 0.50 0.79 0.92 0.91 0.97 0.77
Price to Tangible Book Value (P/TBV)
1.30 1.15 1.28 0.54 0.50 0.79 0.92 0.91 0.97 0.77
Price to Revenue (P/Rev)
0.64 0.57 0.57 0.42 0.50 0.65 0.61 0.70 0.61 0.46
Price to Earnings (P/E)
19.54 11.56 17.58 5.96 17.43 10.50 10.82 4.78 9.85 9.42
Dividend Yield
1.64% 2.09% 2.25% 2.77% 2.63% 1.78% 1.78% 1.35% 1.45% 1.95%
Earnings Yield
5.12% 8.65% 5.69% 16.79% 5.74% 9.52% 9.25% 20.94% 10.15% 10.61%
Enterprise Value to Invested Capital (EV/IC)
0.99 0.88 0.92 0.47 0.43 0.74 0.78 0.83 0.87 0.69
Enterprise Value to Revenue (EV/Rev)
0.73 0.65 0.64 0.48 0.54 0.80 0.73 0.89 0.85 0.62
Enterprise Value to EBITDA (EV/EBITDA)
20.27 11.84 10.46 4.05 14.01 10.01 11.18 10.06 9.87 9.17
Enterprise Value to EBIT (EV/EBIT)
16.68 10.91 10.12 4.03 14.08 9.95 11.02 9.60 9.23 8.60
Enterprise Value to NOPAT (EV/NOPAT)
22.58 13.92 13.95 4.77 18.77 12.95 13.02 6.02 13.74 12.75
Enterprise Value to Operating Cash Flow (EV/OCF)
1.69 2.96 7.60 1.88 2.34 4.88 5.90 5.54 6.58 3.07
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 1.58 2.54 0.00 0.00 4.81 0.00 0.00 5.06
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.46 0.48 0.55 0.30 0.28 0.31 0.41 0.37 0.55 0.52
Long-Term Debt to Equity
0.46 0.48 0.55 0.30 0.28 0.31 0.41 0.37 0.55 0.52
Financial Leverage
0.47 0.51 0.39 0.29 0.29 0.35 0.39 0.45 0.54 0.48
Leverage Ratio
10.77 11.17 8.77 6.46 6.22 7.05 6.94 6.82 7.82 7.22
Compound Leverage Factor
11.14 11.80 6.24 4.58 6.22 7.05 6.94 6.82 7.82 7.22
Debt to Total Capital
31.62% 32.56% 35.58% 22.82% 21.63% 23.58% 29.11% 27.18% 35.65% 34.26%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
31.62% 32.56% 35.58% 22.82% 21.63% 23.58% 29.11% 27.18% 35.65% 34.26%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.56% 0.66% 0.81% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
67.82% 66.78% 63.61% 77.18% 78.37% 76.42% 70.89% 72.82% 64.35% 65.75%
Debt to EBITDA
6.46 4.37 4.06 1.98 7.12 3.18 4.16 3.27 4.02 4.58
Net Debt to EBITDA
2.20 1.44 1.06 0.46 0.99 1.89 1.89 2.08 2.79 2.39
Long-Term Debt to EBITDA
6.46 4.37 4.06 1.98 7.12 3.18 4.16 3.27 4.02 4.58
Debt to NOPAT
7.20 5.15 5.41 2.33 9.54 4.11 4.85 1.96 5.60 6.37
Net Debt to NOPAT
2.45 1.69 1.41 0.55 1.33 2.45 2.21 1.25 3.89 3.33
Long-Term Debt to NOPAT
7.20 5.15 5.41 2.33 9.54 4.11 4.85 1.96 5.60 6.37
Noncontrolling Interest Sharing Ratio
0.90% 1.10% 0.45% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-1,650 -1,606 6,461 3,101 -2,718 -2,390 1,938 -297 -989 1,265
Operating Cash Flow to CapEx
0.00% 0.00% 959.29% 0.00% 11,864.29% 6,785.29% 5,451.72% 4,504.55% 3,283.27% 8,867.72%
Free Cash Flow to Firm to Interest Expense
-5.43 -6.25 33.83 22.31 -15.99 -13.82 13.18 -2.04 -7.19 8.86
Operating Cash Flow to Interest Expense
30.82 15.74 7.03 30.09 19.54 13.34 10.76 13.58 10.65 14.62
Operating Cash Flow Less CapEx to Interest Expense
30.82 15.74 6.30 30.09 19.38 13.14 10.56 13.27 10.33 14.45
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.20 0.20 0.18 0.19 0.18 0.20 0.20 0.22 0.22 0.22
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
15,948 13,598 11,132 16,861 18,313 15,180 11,920 13,142 11,022 9,332
Invested Capital Turnover
1.48 1.48 1.15 0.94 0.86 1.04 1.02 1.02 1.12 1.06
Increase / (Decrease) in Invested Capital
2,350 2,466 -5,729 -1,452 3,133 3,260 -1,222 2,119 1,690 -763
Enterprise Value (EV)
15,814 11,978 10,213 7,867 7,788 11,266 9,324 10,972 9,637 6,404
Market Capitalization
14,008 10,431 9,089 6,968 7,235 9,136 7,744 8,703 6,909 4,733
Book Value per Share
$164.22 $137.79 $105.95 $192.51 $211.25 $185.29 $134.61 $148.59 $110.47 $93.31
Tangible Book Value per Share
$164.22 $137.79 $105.95 $192.51 $211.25 $185.29 $134.61 $148.59 $110.47 $93.31
Total Capital
15,948 13,598 11,132 16,861 18,313 15,180 11,920 13,142 11,022 9,332
Total Debt
5,042 4,427 3,961 3,847 3,961 3,579 3,470 3,572 3,929 3,197
Total Long-Term Debt
5,042 4,427 3,961 3,847 3,961 3,579 3,470 3,572 3,929 3,197
Net Debt
1,716 1,457 1,034 899 553 2,130 1,580 2,269 2,729 1,671
Capital Expenditures (CapEx)
0.00 0.00 140 0.00 28 34 29 44 45 24
Net Nonoperating Expense (NNE)
-24 -49 211 479 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
5,042 4,427 3,961 3,847 3,961 3,579 3,470 3,572 3,929 3,197
Total Depreciation and Amortization (D&A)
-168 -86 -33 -11 3.00 -6.00 -12 -52 -67 -46
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$10.90 $13.60 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
66.02M 65.76M 66.86M 67.19M 67.97M 62.58M 62.84M 64.48M 64.33M 65.21M
Adjusted Diluted Earnings per Share
$10.73 $13.44 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
66.02M 65.76M 66.86M 67.19M 67.97M 62.58M 62.84M 64.48M 64.33M 65.21M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
66.02M 65.76M 66.86M 67.19M 67.97M 62.58M 62.84M 64.48M 64.33M 65.21M
Normalized Net Operating Profit after Tax (NOPAT)
668 853 739 1,600 428 892 741 820 719 517
Normalized NOPAT Margin
3.06% 4.66% 4.61% 9.68% 2.97% 6.32% 5.82% 6.63% 6.31% 5.04%
Pre Tax Income Margin
4.49% 6.34% 4.48% 8.38% 3.83% 8.01% 6.65% 9.24% 9.17% 7.25%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
3.12 4.27 5.28 14.04 3.25 6.54 5.76 7.83 7.59 5.21
NOPAT to Interest Expense
2.30 3.35 3.83 11.86 2.44 5.03 4.87 12.48 5.10 3.52
EBIT Less CapEx to Interest Expense
3.12 4.27 4.55 14.04 3.09 6.35 5.56 7.53 7.26 5.05
NOPAT Less CapEx to Interest Expense
2.30 3.35 3.10 11.86 2.28 4.83 4.67 12.18 4.77 3.35
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
31.63% 24.09% 39.35% 16.58% 43.86% 18.74% 19.55% 6.42% 14.31% 18.60%
Augmented Payout Ratio
35.36% 49.06% 54.89% 25.04% 83.13% 30.34% 61.45% 12.40% 31.83% 95.17%

Quarterly Metrics And Ratios for Reinsurance Group of America

This table displays calculated financial ratios and metrics derived from Reinsurance Group of America's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-17.37% 4.39% 9.68% 17.42% 49.33% 14.81% 26.99% 6.06% 8.34% -1.31% -0.03%
EBITDA Growth
26.21% -20.81% 22.48% -35.61% -23.69% -53.97% 100.00% 68.48% 21.72% -67.53% 538.24%
EBIT Growth
26.21% -20.81% 22.48% -35.61% -23.69% -53.97% 100.00% 68.48% 21.72% -67.53% 538.24%
NOPAT Growth
26.38% -45.89% 18.91% -37.49% -17.49% -34.40% 117.29% 82.51% 18.91% -58.67% 538.24%
Net Income Growth
35.85% -6.25% -45.33% -1.45% -16.21% -45.39% 485.33% 95.28% 28.43% -58.67% -240.91%
EPS Growth
35.13% -7.14% -45.69% -0.66% -15.05% -44.78% 479.65% 96.77% 27.84% -58.56% -253.13%
Operating Cash Flow Growth
75.09% 149.78% -6.70% -296.31% -264.42% 183.55% -19.76% -208.86% -865.64% 570.36% -156.00%
Free Cash Flow Firm Growth
-84.90% 1.22% 22.93% 27.65% -238.73% -137.76% -151.91% -138.02% -62.33% 178.67% 966.85%
Invested Capital Growth
23.17% 17.28% 29.21% 16.85% 14.90% 22.15% 58.53% 30.74% -7.13% -33.98% -51.44%
Revenue Q/Q Growth
0.49% -7.50% 15.96% -23.34% 26.95% -2.81% 24.14% -2.50% -2.39% 7.50% 3.68%
EBITDA Q/Q Growth
100.64% -57.26% 103.91% -27.82% 25.89% -33.89% 7.19% -14.46% -24.07% 187.25% -9.70%
EBIT Q/Q Growth
100.64% -57.26% 103.91% -27.82% 25.89% -33.89% 7.19% -14.46% -24.07% 187.25% -9.70%
NOPAT Q/Q Growth
134.90% -61.41% 98.52% -29.77% 0.57% -15.20% 4.37% -7.30% -20.05% 180.92% -12.34%
Net Income Q/Q Growth
92.00% -5.06% -22.55% -3.77% 32.50% -44.64% 39.61% -18.18% -13.65% 490.67% -170.75%
EPS Q/Q Growth
93.21% -5.15% -23.10% -4.11% 32.77% -44.52% 40.66% -18.01% -13.69% 481.42% -172.90%
Operating Cash Flow Q/Q Growth
-108.34% 1,706.37% -10.34% 83.14% -183.59% 786.20% -309.84% 84.50% -165.04% 389.82% -956.96%
Free Cash Flow Firm Q/Q Growth
-33.42% 34.16% -69.62% -24.10% 28.72% 48.63% -59.23% -337.95% -80.60% -29.37% 16.62%
Invested Capital Q/Q Growth
8.01% -2.06% 9.35% 6.49% 2.85% 7.89% -1.11% 4.72% 9.33% 40.03% -18.44%
Profitability Metrics
- - - - - - - - - - -
EBITDA Margin
6.04% 3.03% 6.55% 3.72% 3.96% 3.99% 5.87% 6.79% 7.74% 9.95% 3.72%
EBIT Margin
6.04% 3.03% 6.55% 3.72% 3.96% 3.99% 5.87% 6.79% 7.74% 9.95% 3.72%
Profit (Net Income) Margin
5.56% 2.91% 2.84% 4.24% 3.38% 3.24% 5.69% 5.06% 6.03% 6.81% -1.87%
Tax Burden Percent
78.05% 66.67% 73.83% 75.84% 77.94% 97.56% 76.05% 78.11% 72.08% 76.90% 97.40%
Interest Burden Percent
117.89% 144.23% 58.63% 150.28% 109.68% 83.25% 127.52% 95.32% 108.00% 89.02% -51.68%
Effective Tax Rate
21.95% 33.33% 26.17% 24.16% 22.06% 2.44% 23.95% 21.89% 27.92% 23.10% 0.00%
Return on Invested Capital (ROIC)
6.26% 2.98% 7.23% 4.31% 4.81% 5.76% 7.67% 7.83% 7.22% 7.81% 3.45%
ROIC Less NNEP Spread (ROIC-NNEP)
7.12% 3.95% 4.88% 5.69% 5.23% 5.00% 9.11% 7.59% 7.68% 7.81% -1.21%
Return on Net Nonoperating Assets (RNNOA)
3.44% 1.86% 2.40% 3.18% 2.69% 2.56% 6.63% 4.76% 3.74% 3.02% -0.56%
Return on Equity (ROE)
9.70% 4.84% 9.63% 7.50% 7.49% 8.33% 14.30% 12.59% 10.97% 10.82% 2.89%
Cash Return on Invested Capital (CROIC)
-15.95% -11.17% -20.02% -10.22% -7.60% -12.98% -35.14% -20.62% 11.96% 46.16% 76.96%
Operating Return on Assets (OROA)
1.07% 0.61% 1.36% 0.79% 0.83% 0.80% 1.22% 1.30% 1.42% 1.80% 0.69%
Return on Assets (ROA)
0.98% 0.59% 0.59% 0.90% 0.71% 0.65% 1.18% 0.97% 1.10% 1.23% -0.35%
Return on Common Equity (ROCE)
9.61% 4.80% 9.54% 7.42% 7.41% 8.24% 14.09% 12.43% 10.85% 10.78% 2.87%
Return on Equity Simple (ROE_SIMPLE)
7.02% 0.00% 6.60% 8.89% 9.17% 0.00% 12.92% 8.69% 7.57% 0.00% 25.65%
Net Operating Profit after Tax (NOPAT)
244 104 269 136 193 192 227 217 234 293 104
NOPAT Margin
4.72% 2.02% 4.84% 2.82% 3.08% 3.89% 4.46% 5.31% 5.58% 6.81% 2.61%
Net Nonoperating Expense Percent (NNEP)
-0.86% -0.97% 2.34% -1.38% -0.42% 0.77% -1.44% 0.23% -0.45% 0.00% 4.66%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
93.96% 96.97% 93.45% 96.28% 96.04% 96.01% 94.14% 93.21% 92.26% 90.05% 96.28%
Earnings before Interest and Taxes (EBIT)
313 156 365 179 248 197 298 278 325 428 149
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
313 156 365 179 248 197 298 278 325 428 149
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.14 1.30 1.29 1.38 1.33 1.15 1.17 1.15 1.13 1.28 2.21
Price to Tangible Book Value (P/TBV)
1.14 1.30 1.29 1.38 1.33 1.15 1.17 1.15 1.13 1.28 2.21
Price to Revenue (P/Rev)
0.63 0.64 0.66 0.64 0.62 0.57 0.53 0.54 0.53 0.57 0.50
Price to Earnings (P/E)
16.39 19.54 19.74 15.67 14.66 11.56 9.12 13.40 15.06 17.58 8.65
Dividend Yield
1.79% 1.64% 1.58% 1.66% 1.75% 2.09% 2.28% 2.37% 2.43% 2.25% 2.48%
Earnings Yield
6.10% 5.12% 5.07% 6.38% 6.82% 8.65% 10.97% 7.46% 6.64% 5.69% 11.56%
Enterprise Value to Invested Capital (EV/IC)
0.79 0.99 0.88 0.94 0.80 0.88 0.89 0.89 0.81 0.92 1.12
Enterprise Value to Revenue (EV/Rev)
0.66 0.73 0.66 0.66 0.55 0.65 0.63 0.68 0.60 0.64 0.55
Enterprise Value to EBITDA (EV/EBITDA)
13.50 20.27 14.47 15.19 10.96 11.84 8.39 9.61 9.24 10.46 4.67
Enterprise Value to EBIT (EV/EBIT)
13.50 16.68 14.47 15.19 10.96 10.91 8.39 9.61 9.24 10.12 4.67
Enterprise Value to NOPAT (EV/NOPAT)
18.17 22.58 18.12 19.06 13.65 13.92 10.70 16.73 17.09 13.95 9.47
Enterprise Value to Operating Cash Flow (EV/OCF)
1.00 1.69 0.00 0.00 0.00 2.96 0.00 0.00 0.00 7.60 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.53 1.58 0.95
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.50 0.46 0.45 0.52 0.46 0.48 0.55 0.61 0.58 0.55 1.12
Long-Term Debt to Equity
0.50 0.46 0.45 0.52 0.46 0.48 0.55 0.61 0.58 0.55 1.12
Financial Leverage
0.48 0.47 0.49 0.56 0.51 0.51 0.73 0.63 0.49 0.39 0.46
Leverage Ratio
11.13 10.77 10.72 11.23 11.30 11.17 14.30 12.56 10.53 8.77 10.47
Compound Leverage Factor
13.12 15.54 6.29 16.87 12.39 9.30 18.24 11.97 11.37 7.81 -5.41
Debt to Total Capital
33.29% 31.62% 31.12% 34.03% 31.66% 32.56% 35.31% 38.05% 36.60% 35.58% 52.92%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
33.29% 31.62% 31.12% 34.03% 31.66% 32.56% 35.31% 38.05% 36.60% 35.58% 52.92%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.52% 0.56% 0.55% 0.60% 0.64% 0.66% 0.71% 0.71% 0.74% 0.81% 1.13%
Common Equity to Total Capital
66.19% 67.82% 68.33% 65.37% 67.70% 66.78% 63.98% 61.24% 62.66% 63.61% 45.95%
Debt to EBITDA
5.66 6.46 5.12 5.50 4.34 4.37 3.35 4.11 4.18 4.06 2.22
Net Debt to EBITDA
0.58 2.20 -0.13 0.51 -1.48 1.44 1.23 1.91 1.09 1.06 0.37
Long-Term Debt to EBITDA
5.66 6.46 5.12 5.50 4.34 4.37 3.35 4.11 4.18 4.06 2.22
Debt to NOPAT
7.62 7.20 6.41 6.89 5.40 5.15 4.27 7.15 7.72 5.41 4.49
Net Debt to NOPAT
0.77 2.45 -0.16 0.64 -1.84 1.69 1.56 3.32 2.01 1.41 0.74
Long-Term Debt to NOPAT
7.62 7.20 6.41 6.89 5.40 5.15 4.27 7.15 7.72 5.41 4.49
Noncontrolling Interest Sharing Ratio
0.86% 0.90% 0.93% 1.02% 1.04% 1.10% 1.51% 1.30% 1.06% 0.45% 0.54%
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-2,997 -2,246 -3,412 -2,011 -1,621 -2,274 -4,426 -2,780 1,168 6,022 8,526
Operating Cash Flow to CapEx
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2,000.00% -11,928.57%
Free Cash Flow to Firm to Interest Expense
-37.46 -26.12 -43.74 -27.93 -23.83 -32.95 -61.48 -44.12 22.04 107.54 174.01
Operating Cash Flow to Interest Expense
-17.86 199.30 -13.68 -13.43 -84.35 99.45 -13.89 -3.87 -29.70 43.21 -17.04
Operating Cash Flow Less CapEx to Interest Expense
-17.86 199.30 -13.68 -13.43 -84.35 99.45 -13.89 -3.87 -29.70 41.05 -17.18
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.18 0.20 0.21 0.21 0.21 0.20 0.21 0.19 0.18 0.18 0.18
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
17,226 15,948 16,284 14,892 13,985 13,598 12,603 12,745 12,171 11,132 7,950
Invested Capital Turnover
1.33 1.48 1.49 1.53 1.56 1.48 1.72 1.48 1.29 1.15 1.32
Increase / (Decrease) in Invested Capital
3,241 2,350 3,681 2,147 1,814 2,466 4,653 2,997 -934 -5,729 -8,422
Enterprise Value (EV)
13,673 15,814 14,310 14,007 11,187 11,978 11,154 11,344 9,863 10,213 8,872
Market Capitalization
13,000 14,008 14,348 13,446 12,605 10,431 9,434 9,002 8,612 9,089 8,087
Book Value per Share
$172.69 $164.22 $168.96 $147.97 $143.91 $137.79 $121.78 $117.29 $114.06 $105.95 $54.52
Tangible Book Value per Share
$172.69 $164.22 $168.96 $147.97 $143.91 $137.79 $121.78 $117.29 $114.06 $105.95 $54.52
Total Capital
17,226 15,948 16,284 14,892 13,985 13,598 12,603 12,745 12,171 11,132 7,950
Total Debt
5,734 5,042 5,067 5,067 4,427 4,427 4,450 4,850 4,455 3,961 4,207
Total Long-Term Debt
5,734 5,042 5,067 5,067 4,427 4,427 4,450 4,850 4,455 3,961 4,207
Net Debt
583 1,716 -128 471 -1,508 1,457 1,630 2,252 1,161 1,034 695
Capital Expenditures (CapEx)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 121 7.00
Net Nonoperating Expense (NNE)
-44 -46 111 -68 -19 32 -62 10 -19 0.00 179
Net Nonoperating Obligations (NNO)
5,734 5,042 5,067 5,067 4,427 4,427 4,450 4,850 4,455 3,961 4,207
Total Depreciation and Amortization (D&A)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$4.33 $2.26 $2.37 $3.07 $3.20 $2.40 $4.34 $3.09 $3.77 $4.36 $4.24
Adjusted Weighted Average Basic Shares Outstanding
66.09M 66.02M 65.86M 65.86M 65.79M 65.76M 65.91M 66.21M 66.54M 66.86M 66.84M
Adjusted Diluted Earnings per Share
$4.27 $2.21 $2.33 $3.03 $3.16 $2.38 $4.29 $3.05 $3.72 $4.31 $4.19
Adjusted Weighted Average Diluted Shares Outstanding
66.09M 66.02M 65.86M 65.86M 65.79M 65.76M 65.91M 66.21M 66.54M 66.86M 66.84M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
66.09M 66.02M 65.86M 65.86M 65.79M 65.76M 65.91M 66.21M 66.54M 66.86M 66.84M
Normalized Net Operating Profit after Tax (NOPAT)
267 83 292 130 166 220 211 193 244 278 120
Normalized NOPAT Margin
5.15% 1.60% 5.25% 2.70% 2.65% 4.45% 4.15% 4.71% 5.82% 6.45% 3.01%
Pre Tax Income Margin
7.12% 4.36% 3.84% 5.60% 4.34% 3.32% 7.48% 6.47% 8.36% 8.86% -1.92%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
3.91 1.81 4.68 2.49 3.65 2.86 4.14 4.41 6.13 7.64 3.04
NOPAT to Interest Expense
3.05 1.21 3.45 1.89 2.84 2.79 3.15 3.45 4.42 5.23 2.13
EBIT Less CapEx to Interest Expense
3.91 1.81 4.68 2.49 3.65 2.86 4.14 4.41 6.13 5.48 2.90
NOPAT Less CapEx to Interest Expense
3.05 1.21 3.45 1.89 2.84 2.79 3.15 3.45 4.42 3.07 1.99
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
29.00% 31.63% 30.93% 25.90% 25.58% 24.09% 20.73% 31.56% 36.22% 39.35% 21.45%
Augmented Payout Ratio
35.13% 35.36% 42.37% 40.58% 45.85% 49.06% 39.54% 57.08% 57.19% 54.89% 32.66%

Frequently Asked Questions About Reinsurance Group of America's Financials

When does Reinsurance Group of America's financial year end?

According to the most recent income statement we have on file, Reinsurance Group of America's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Reinsurance Group of America's net income changed over the last 9 years?

In the past 9 years, Reinsurance Group of America's net income has ranged from $415 million in 2020 to $1.82 billion in 2017, and is currently $724 million as of their latest financial filing in 2024. Find out what analysts predict for Reinsurance Group of America in the coming months.

How has Reinsurance Group of America revenue changed over the last 9 years?

Over the last 9 years, Reinsurance Group of America's total revenue changed from $10.28 billion in 2015 to $21.80 billion in 2024, a change of 112.2%.

How much debt does Reinsurance Group of America have?

Reinsurance Group of America's total liabilities were at $107.77 billion at the end of 2024, a 21.8% increase from 2023, and a 143.6% increase since 2015.

How much cash does Reinsurance Group of America have?

In the past 9 years, Reinsurance Group of America's cash and equivalents has ranged from $1.20 billion in 2016 to $3.41 billion in 2020, and is currently $3.33 billion as of their latest financial filing in 2024.

How has Reinsurance Group of America's book value per share changed over the last 9 years?

Over the last 9 years, Reinsurance Group of America's book value per share changed from 93.31 in 2015 to 164.22 in 2024, a change of 76.0%.



This page (NYSE:RGA) was last updated on 5/28/2025 by MarketBeat.com Staff
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