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) Return on invested capital

Alert me on Return on invested capital

Reinsurance Group of America, Incorporated's return on invested capital over the twelve months to 30 June 2026 was 9.94%, up 2.0 percentage points from fiscal 2025 (7.89%). Over the past ten years it has ranged from 3.19% (fiscal 2020) to 9.52% (fiscal 2021); the current reading is higher than 55% of that period. That is above the Insurance Reinsurance industry median of 9.11% and above the Financial sector median of 4.70%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 7.89% 1.69
FY2024 6.20% (1.77)
FY2023 7.97% (1.17)
FY2022 9.14% (0.38)
FY2021 9.52% 6.33
FY2020 3.19% (3.16)
FY2019 6.35% (0.49)
FY2018 6.84% (0.61)
FY2017 7.45% (0.95)
FY2016 8.40% 0.16

Against its own ten years

Low 3.19% High 9.52%
Ten-year median 7.89%
Current reading's percentile 55

Return on invested capital against peers

Company Return on invested capital
GLRE Greenlight Capital Re, Ltd. compare 61.3%
HG Hamilton Insurance Group, Ltd. compare 24.4%
RNR RenaissanceRe Holdings Ltd. compare 14.4%
RGA Reinsurance Group of America, Incorporated 9.94%
EG Everest Group, Ltd. compare 8.28%
SPNT SiriusPoint Ltd. compare 0.00%
OXBR Oxbridge Re Holdings Limited compare 0.00%
KG Kestrel Group Ltd compare −9.10%
Insurance Reinsurance industry median 9.11%
Financial sector median 4.70%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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