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) Net margin

Alert me on Net margin

Reinsurance Group of America, Incorporated's net margin over the twelve months to 30 June 2026 was 5.81%, up 0.8 percentage points from fiscal 2025 (4.99%). Over the past ten years it has ranged from 2.84% (fiscal 2020) to 14.6% (fiscal 2017); the current reading is higher than 55% of that period. That is below the Insurance Reinsurance industry median of 7.19% and below the Financial sector median of 14.3%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 4.99% 1.75
FY2024 3.24% (1.62)
FY2023 4.86% 1.67
FY2022 3.19% (3.83)
FY2021 7.02% 4.18
FY2020 2.84% (3.24)
FY2019 6.08% 0.52
FY2018 5.56% (9.00)
FY2017 14.6% 8.47
FY2016 6.09% 1.27

Quarterly newest first

Period Net margin Change (points)
Jun 2026 6.96% 1.88
Mar 2026 5.08% (1.90)
Dec 2025 6.98% 2.90
Sep 2025 4.08% 0.87
42 more quarters

Against its own ten years

Low 2.84% High 14.6%
Ten-year median 4.99%
Current reading's percentile 64

Net margin against peers

Company Net margin
HG Hamilton Insurance Group, Ltd. compare 19.6%
RNR RenaissanceRe Holdings Ltd. compare 15.6%
EG Everest Group, Ltd. compare 11.7%
GLRE Greenlight Capital Re, Ltd. compare 8.56%
RGA Reinsurance Group of America, Incorporated 5.81%
OXBR Oxbridge Re Holdings Limited compare 4.71%
SPNT SiriusPoint Ltd. compare 0.00%
KG Kestrel Group Ltd compare −86.1%
Insurance Reinsurance industry median 7.19%
Financial sector median 14.3%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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