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
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Reinsurance Group of America, Incorporated (RGA) Operating margin
Reinsurance Group of America, Incorporated's operating margin over the twelve months to 30 June 2026 was 8.70%, up 0.7 percentage points from fiscal 2025 (8.04%). Over the past ten years it has ranged from 5.07% (fiscal 2020) to 12.6% (fiscal 2021); the current reading is higher than 55% of that period. That is below the Insurance Reinsurance industry median of 11.3% and above the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 8.04% | 2.38 |
| FY2024 | 5.66% | (1.64) |
| FY2023 | 7.30% | (0.10) |
| FY2022 | 7.40% | (5.15) |
| FY2021 | 12.6% | 7.48 |
| FY2020 | 5.07% | (4.26) |
| FY2019 | 9.33% | 1.38 |
| FY2018 | 7.95% | (2.58) |
| FY2017 | 10.5% | 0.05 |
| FY2016 | 10.5% | 1.74 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 10.7% | 2.52 |
| Mar 2026 | 8.21% | 0.51 |
| Dec 2025 | 7.70% | (0.41) |
| Sep 2025 | 8.11% | (0.80) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| RNR RenaissanceRe Holdings Ltd. compare | 31.4% |
| HG Hamilton Insurance Group, Ltd. compare | 28.9% |
| GLRE Greenlight Capital Re, Ltd. compare | 16.8% |
| EG Everest Group, Ltd. compare | 13.8% |
| RGA Reinsurance Group of America, Incorporated | 8.70% |
| OXBR Oxbridge Re Holdings Limited compare | 5.28% |
| SPNT SiriusPoint Ltd. compare | 0.00% |
| KG Kestrel Group Ltd compare | −49.0% |
| Insurance Reinsurance industry median | 11.3% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement