RGA
Reinsurance Group of America
NYSE: RGA · FINANCIAL SERVICES · INSURANCE - REINSURANCE
$207.92
-0.96% today
Updated 2026-04-29
Market cap
$13.63B
P/E ratio
11.75
P/S ratio
0.58x
EPS (TTM)
$17.70
Dividend yield
1.73%
52W range
$163 – $228
Volume
0.3M
Reinsurance Group of America (RGA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.19B | $5.72B | $5.68B | $5.68B | $8.26M | $8.83B | $9.84M | $10.32M | $10.90M | $10.42M | $11.52M | $12.52M | $12.88M | $14.30B | $14.60B | $16.66B | $15.88B | $18.39B | $22.04B | $22.79B |
| Revenue growth (YoY) | — | +10.1% | -0.6% | +0.0% | -99.9% | +106773.1% | -99.9% | +4.9% | +5.7% | -4.5% | +10.6% | +8.6% | +2.9% | +110959.3% | +2.1% | +14.1% | -4.7% | +15.8% | +19.9% | +3.4% |
| Cost of revenue | $204.38M | $236.61M | $242.92M | $242.92M | $362000.00 | $419.34M | $451800.00 | $466700.00 | $538400.00 | $554000.00 | $645500.00 | $710700.00 | $786000.00 | $868.00M | $816.00M | $936.00M | $14.31B | $16.06B | $19.55B | $17.00B |
| Gross profit | $4.99B | $5.48B | $5.44B | $5.44B | $7.90M | $8.41B | $9.39M | $9.85M | $10.37M | $9.86M | $10.88M | $11.81M | $12.09M | $13.43B | $13.78B | $15.72B | $1.57B | $2.33B | $2.49B | $5.79B |
| Gross margin | 96.1% | 95.9% | 95.7% | 95.7% | 95.6% | 95.3% | 95.4% | 95.5% | 95.1% | 94.7% | 94.4% | 94.3% | 93.9% | 93.9% | 94.4% | 94.4% | 9.9% | 12.7% | 11.3% | 25.4% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | $52.03M | $28.72M | $303.05M | $7.86M | $12.39M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| Operating income | $293.26M | $308.27M | $187.81M | $187.81M | $574400.00 | $834.38M | $631900.00 | $635300.00 | $1.01M | $744800.00 | $1.04M | $1.14M | $846000.00 | $1.13B | $553.00M | $691.00M | $718.00M | $1.16B | $980.00M | $1.54B |
| Operating margin | 5.6% | 5.4% | 3.3% | 3.3% | 7.0% | 9.4% | 6.4% | 6.2% | 9.2% | 7.1% | 9.1% | 9.1% | 6.6% | 7.9% | 3.8% | 4.1% | 4.5% | 6.3% | 4.4% | 6.8% |
| EBITDA | $239.92M | $232.62M | $345.53M | $662.28M | $954.81M | $834.38M | $1.02B | $635300.00 | $1.01M | $744800.00 | $27.90M | $54.04M | $45.97M | $1.18B | $602.00M | $734.00M | $947.00M | $1.46B | $1.33B | $1.95B |
| EBITDA margin | 4.6% | 4.1% | 6.1% | 11.7% | 11557.1% | 9.4% | 10411.4% | 6.2% | 9.2% | 7.1% | 242.1% | 431.8% | 357.0% | 8.3% | 4.1% | 4.4% | 6.0% | 7.9% | 6.0% | 8.6% |
| EBIT | $293.26M | $308.27M | $187.81M | $187.81M | $574400.00 | $834.38M | $631900.00 | $635300.00 | $1.01M | $744800.00 | $1.04M | $1.14M | $846000.00 | $1.13B | $553.00M | $691.00M | $909.00M | $1.42B | $1.28B | $1.91B |
| Interest expense | $62.03M | $76.91M | $76.16M | $76.16M | $91000.00 | $102.64M | $105300.00 | $124300.00 | $96700.00 | $142900.00 | $137600.00 | $146000.00 | $147000.00 | $173.00M | $170.00M | $127.00M | $191.00M | $257.00M | $304.00M | $366.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $288.21M | $293.83M | $176.80M | $176.80M | $574400.00 | $599.62M | $631900.00 | $418900.00 | $684000.00 | $502200.00 | $701400.00 | $1.82M | $716000.00 | $870.00M | $415.00M | $617.00M | $517.00M | $902.00M | $717.00M | $1.18B |
| Net income growth (YoY) | — | +2.0% | -39.8% | +0.0% | -99.7% | +104290.7% | -99.9% | -33.7% | +63.3% | -26.6% | +39.7% | +159.8% | -60.7% | +121408.4% | -52.3% | +48.7% | -16.2% | +74.5% | -20.5% | +64.9% |
| Profit margin | 5.5% | 5.1% | 3.1% | 3.1% | 7.0% | 6.8% | 6.4% | 4.1% | 6.3% | 4.8% | 6.1% | 14.6% | 5.6% | 6.1% | 2.8% | 3.7% | 3.3% | 4.9% | 3.3% | 5.2% |