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Friday 6 November 2026 Export RGA’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Reinsurance Group of America, Incorporated (RGA) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Reinsurance Group of America, Incorporated (RGA) trades at a P/B ratio of 1.2×. Over the past ten years it has ranged from 0.3× (March 2020) to 2.7× (October 2022); the current reading is higher than 82% of that period. That is above the Insurance Reinsurance industry median of 1.2× and in line with the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.0× (23.24%)
FY2024 1.3× 9.27%
FY2023 1.2× (10.53%)
FY2022 1.3× 131.15%
FY2021 0.6× 8.01%
FY2020 0.5× (40.08%)
FY2019 0.9× (16.63%)
FY2018 1.1× 1.06%
FY2017 1.0× (7.29%)
FY2016 1.1× 21.57%

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.0× 1.14%
Mar 2026 1.0× 0.21%
Dec 2025 1.0× 1.96%
Sep 2025 1.0× (9.99%)
42 more quarters

Against its own ten years

Low 0.3× High 2.7×
Ten-year median 1.0×
Current reading's percentile 80

P/B ratio against peers

Company P/B ratio
KG Kestrel Group Ltd compare 0.3×
GLRE Greenlight Capital Re, Ltd. compare 0.8×
OXBR Oxbridge Re Holdings Limited compare 0.9×
EG Everest Group, Ltd. compare 1.1×
RGA Reinsurance Group of America, Incorporated 1.2×
HG Hamilton Insurance Group, Ltd. compare 1.3×
SPNT SiriusPoint Ltd. compare 1.3×
RNR RenaissanceRe Holdings Ltd. compare 1.3×
Insurance Reinsurance industry median 1.2×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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