Reinsurance Group of America, Incorporated

RGA Financial Insurance Reinsurance

Reinsurance Group of America, Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $23.7 billion, up 7.20% from fiscal 2024.

Revenue
+18.5%
EPS
+159.9%
Free cash flow
+41.0%
Total debt
−0.44%

Quarter to June 2026, against a year earlier

261.75 4.90 −1.84%
Market cap
$17.1B
P/E
11.4×
Fwd P/E
10.4×
Dividend yield
1.44%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Reinsurance Group of America, Incorporated (RGA) Free cash flow

Alert me on Free cash flow

Reinsurance Group of America, Incorporated's free cash flow for fiscal 2025 was $4.1B, down 56.3% from $9.4B in fiscal 2024. Over the twelve months to 30 June 2026 it was $3.0B. Over the past ten years it has ranged from $1.3B (fiscal 2022) to $9.4B (fiscal 2024); the current reading is higher than 82% of that period. Reinsurance Group of America, Incorporated ranks 1st of 8 Insurance Reinsurance companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $4.1B (56.34%)
FY2024 $9.4B 131.70%
FY2023 $4.0B 206.83%
FY2022 $1.3B (68.34%)
FY2021 $4.2B 26.38%
FY2020 $3.3B 44.92%
FY2019 $2.3B 46.46%
FY2018 $1.6B (19.92%)
FY2017 $1.9B 36.38%
FY2016 $1.4B (31.18%)

Quarterly newest first

Period Free cash flow Change
Jun 2026 −$484.0M —
Mar 2026 −$2.9B —
Dec 2025 $7.3B —
Sep 2025 −$990.0M —
42 more quarters

Against its own ten years

Low $1.3B High $9.4B
Ten-year median $2.3B
Current reading's percentile 82

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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