RGA
Reinsurance Group of America, Incorporated
Price Chart
Latest Quote
$250.15
| Previous Close | $246.11 |
| Open | $244.76 |
| Day High | $250.95 |
| Day Low | $246.04 |
| Volume | 22,858 |
Stock Information
| Quarterly Dividend / Yield | $3.92 / 1.60% |
| Shares Outstanding | 65.30M |
| Quarterly Dividend Yield | 1.60% |
| Quarterly Dividend | $3.92 |
| Total Debt | $5.71B |
| Cash Equivalents | $5.67B |
| Revenue | $25.97B |
| Net Income | $1.51B |
| Sector | Financial Services |
| Industry | Insurance - Reinsurance |
| Market Cap | $16.34B |
| P/E Ratio | 11.01 |
| EPS (TTM) | $22.71 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $16.17B |
| Sales | $25.97B |
| Income | $1.51B |
| Book/sh | $209.74 |
| Cash/sh | $86.77 |
| Employees | 4K |
Financial Ratios
| Quick Ratio | 0.65 |
| Current Ratio | 1.17 |
| Debt/Eq | 41.42 |
| EPS Growth TTM | 156.70% |
Returns & Margins
| ROA | 0.95% |
| ROE | 11.69% |
| Gross Margin | 14.07% |
| Operating Margin | 10.64% |
| Profit Margin | 5.81% |
Ownership
| Insider Ownership | 0.23% |
| Institutional Ownership | 103.79% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 8.43 |
| PEG | 1.14 |
| P/S | 0.63 |
| P/B | 1.19 |
Analyst Data
| Recommendation | buy |
| Target Price | $272.33 |
Technical Indicators
| SMA20 | $243.74 |
| SMA50 | $234.28 |
| SMA200 | $210.78 |
| RSI | 61.93 |
| ATR | 4.5411 |
| Shares Float | 64.89M |
| Short Float | 1.43% |
| Short Ratio | 2.29 |
| Volatility | 0.46 |
| Rel Volume | 0.07 |
Performance History
| Week | +1.87% |
| Month | +6.04% |
| Quarter | +26.39% |
| 6 Months | +16.25% |
| YTD | +24.51% |
| Year | +31.59% |
| 3 Years | +87.91% |
| 5 Years | +136.38% |
| 10 Years | +184.50% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-09-01 | $250.15 | 22,858 |
| 2026-08-31 | $246.04 | 317,600 |
| 2026-08-27 | $246.02 | 182,800 |
| 2026-08-26 | $246.55 | 234,300 |
| 2026-08-25 | $244.46 | 233,300 |
| 2026-08-24 | $245.57 | 280,700 |
| 2026-08-21 | $243.13 | 262,400 |
| 2026-08-20 | $242.55 | 298,000 |
| 2026-08-19 | $240.70 | 442,900 |
| 2026-08-18 | $244.42 | 322,400 |
| 2026-08-17 | $246.00 | 598,400 |
| 2026-08-14 | $248.46 | 264,600 |
| 2026-08-13 | $249.39 | 379,400 |
| 2026-08-12 | $245.10 | 405,500 |
| 2026-08-11 | $243.68 | 382,500 |
| 2026-08-10 | $241.14 | 409,800 |
| 2026-08-07 | $245.35 | 512,700 |
| 2026-08-06 | $235.37 | 322,900 |
| 2026-08-05 | $235.44 | 357,400 |
| 2026-08-04 | $235.25 | 482,400 |
| 2026-08-03 | $235.43 | 272,600 |
About Reinsurance Group of America, Incorporated
Reinsurance Group of America, Incorporated provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia. It offers individual and group life and health, disability, long-term care, and critical illness reinsurance; and financial solutions, such as asset-intensive reinsurance, longevity reinsurance, stable value products, pension risk transfer transactions, and capital solutions. The company also provides reinsurance for mortality, morbidity, lapse, and investment-related risks; coinsurance of payout annuities; underwritten annuities; funding agreement backed note program and other capital motivated solutions; and superannuation. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $23,683,000,000 | $22,047,000,000 | $18,396,000,000 | $15,880,000,000 |
| Operating Revenue | $23,683,000,000 | $22,047,000,000 | $18,396,000,000 | $15,880,000,000 |
| Expenses | ||||
| Interest Expense | $366,000,000 | $304,000,000 | $257,000,000 | $191,000,000 |
| Total Expenses | $22,143,000,000 | $21,067,000,000 | $17,236,000,000 | $15,162,000,000 |
| Other Income Expense | $907,000,000 | $593,000,000 | $372,000,000 | $527,000,000 |
| Net Non Operating Interest Income Expense | $-366,000,000 | $-304,000,000 | $-257,000,000 | $-191,000,000 |
| Interest Expense Non Operating | $366,000,000 | $304,000,000 | $257,000,000 | $191,000,000 |
| Other Operating Expenses | $1,470,000,000 | $1,320,000,000 | $1,147,000,000 | $1,031,000,000 |
| Loss Adjustment Expense | $17,003,000,000 | $16,827,000,000 | $13,800,000,000 | $12,283,000,000 |
| Total Other Finance Cost | - | - | - | $7,000,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $1,182,000,000 | $717,000,000 | $902,000,000 | $517,000,000 |
| Net Interest Income | $-366,000,000 | $-304,000,000 | $-257,000,000 | $-191,000,000 |
| Interest Income | $320,000,000 | $341,000,000 | $317,000,000 | $253,000,000 |
| Normalized Income | $1,182,000,000 | $717,000,000 | $902,000,000 | $517,000,000 |
| Net Income From Continuing And Discontinued Operation | $1,182,000,000 | $717,000,000 | $902,000,000 | $517,000,000 |
| Net Income Common Stockholders | $1,182,000,000 | $717,000,000 | $902,000,000 | $517,000,000 |
| Net Income | $1,182,000,000 | $717,000,000 | $902,000,000 | $517,000,000 |
| Net Income Including Noncontrolling Interests | $1,189,000,000 | $724,000,000 | $909,000,000 | $521,000,000 |
| Net Income Continuous Operations | $1,189,000,000 | $724,000,000 | $909,000,000 | $521,000,000 |
| Pretax Income | $1,540,000,000 | $980,000,000 | $1,160,000,000 | $718,000,000 |
| Per Share | ||||
| Diluted EPS | $17.69 | $10.73 | $13.44 | $7.64 |
| Basic EPS | $17.94 | $10.90 | $13.60 | $7.73 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Reconciled Depreciation | $43,000,000 | $46,000,000 | $41,000,000 | $38,000,000 |
| EBIT | $1,906,000,000 | $1,284,000,000 | $1,417,000,000 | $909,000,000 |
| Diluted Average Shares | $66,811,000 | $66,880,000 | $67,117,000 | $67,703,000 |
| Basic Average Shares | $65,878,000 | $65,816,000 | $66,317,000 | $66,945,000 |
| Diluted NI Availto Com Stockholders | $1,182,000,000 | $717,000,000 | $902,000,000 | $517,000,000 |
| Minority Interests | $-7,000,000 | $-7,000,000 | $-7,000,000 | $-4,000,000 |
| Tax Provision | $351,000,000 | $256,000,000 | $251,000,000 | $197,000,000 |
| Net Policyholder Benefits And Claims | $17,003,000,000 | $16,827,000,000 | $13,800,000,000 | $12,283,000,000 |
| Policyholder Benefits Gross | $17,531,000,000 | $17,210,000,000 | $14,479,000,000 | $12,950,000,000 |
| Policyholder Benefits Ceded | $528,000,000 | $383,000,000 | $679,000,000 | $667,000,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $13,455,000,000 | $10,808,000,000 | $9,064,000,000 | $7,055,000,000 |
| Total Assets | $156,590,000,000 | $118,675,000,000 | $97,623,000,000 | $84,904,000,000 |
| Goodwill And Other Intangible Assets | $6,000,000 | $8,000,000 | $17,000,000 | $26,000,000 |
| Other Intangible Assets | $6,000,000 | $8,000,000 | $17,000,000 | $26,000,000 |
| Receivables | $7,175,000,000 | $5,531,000,000 | $5,448,000,000 | $2,671,000,000 |
| Accounts Receivable | $7,175,000,000 | $5,531,000,000 | $5,448,000,000 | $2,671,000,000 |
| Cash Cash Equivalents And Short Term Investments | $18,242,000,000 | $81,306,000,000 | $63,659,000,000 | $55,982,000,000 |
| Cash And Cash Equivalents | $4,168,000,000 | $3,326,000,000 | $2,970,000,000 | $2,927,000,000 |
| Debt | ||||
| Net Debt | $1,542,000,000 | $1,716,000,000 | $1,457,000,000 | $1,034,000,000 |
| Total Debt | $5,710,000,000 | $5,042,000,000 | $4,427,000,000 | $3,961,000,000 |
| Long Term Debt And Capital Lease Obligation | $5,710,000,000 | $5,042,000,000 | $4,427,000,000 | $3,561,000,000 |
| Long Term Debt | $5,710,000,000 | $5,042,000,000 | $4,427,000,000 | $3,561,000,000 |
| Current Debt And Capital Lease Obligation | - | - | $0 | $400,000,000 |
| Current Debt | - | - | $0 | $400,000,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $143,039,000,000 | $107,769,000,000 | $88,452,000,000 | $77,733,000,000 |
| Non Current Deferred Liabilities | $2,998,000,000 | $2,199,000,000 | $1,862,000,000 | $1,383,000,000 |
| Non Current Deferred Taxes Liabilities | $2,998,000,000 | $2,199,000,000 | $1,862,000,000 | $1,383,000,000 |
| Payables And Accrued Expenses | $6,805,000,000 | $5,017,000,000 | $4,483,000,000 | $1,486,000,000 |
| Payables | $6,805,000,000 | $5,017,000,000 | $4,483,000,000 | $1,486,000,000 |
| Other Payable | $6,805,000,000 | $5,017,000,000 | $4,483,000,000 | $1,486,000,000 |
| Current Notes Payable | - | - | $0 | $400,000,000 |
| Accounts Payable | - | - | - | $756,000,000 |
| Equity | ||||
| Common Stock Equity | $13,461,000,000 | $10,816,000,000 | $9,081,000,000 | $7,081,000,000 |
| Total Equity Gross Minority Interest | $13,551,000,000 | $10,906,000,000 | $9,171,000,000 | $7,171,000,000 |
| Stockholders Equity | $13,461,000,000 | $10,816,000,000 | $9,081,000,000 | $7,081,000,000 |
| Gains Losses Not Affecting Retained Earnings | $2,682,000,000 | $849,000,000 | $-369,000,000 | $-1,871,000,000 |
| Other Equity Adjustments | $2,682,000,000 | $849,000,000 | $-369,000,000 | $-1,871,000,000 |
| Retained Earnings | $10,151,000,000 | $9,255,000,000 | $8,805,000,000 | $8,169,000,000 |
| Long Term Equity Investment | $3,747,000,000 | $3,067,000,000 | $2,635,000,000 | $2,327,000,000 |
| Investments In Other Ventures Under Equity Method | $3,747,000,000 | $3,067,000,000 | $2,635,000,000 | $2,327,000,000 |
| Other | ||||
| Treasury Shares Number | $19,846,934 | $19,438,336 | $19,689,885 | $18,634,390 |
| Ordinary Shares Number | $65,463,664 | $65,872,262 | $65,620,713 | $66,676,208 |
| Share Issued | $85,310,598 | $85,310,598 | $85,310,598 | $85,310,598 |
| Tangible Book Value | $13,455,000,000 | $10,808,000,000 | $9,064,000,000 | $7,055,000,000 |
| Invested Capital | $19,171,000,000 | $15,858,000,000 | $13,508,000,000 | $11,042,000,000 |
| Total Capitalization | $19,171,000,000 | $15,858,000,000 | $13,508,000,000 | $10,642,000,000 |
| Minority Interest | $90,000,000 | $90,000,000 | $90,000,000 | $90,000,000 |
| Treasury Stock | $2,013,000,000 | $1,889,000,000 | $1,900,000,000 | $1,720,000,000 |
| Additional Paid In Capital | $2,640,000,000 | $2,600,000,000 | $2,544,000,000 | $2,502,000,000 |
| Capital Stock | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Common Stock | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Investments And Advances | $106,241,000,000 | $81,273,000,000 | $63,526,000,000 | $55,516,000,000 |
| Net PPE | $350,000,000 | $325,000,000 | $279,000,000 | $270,000,000 |
| Other Short Term Investments | $14,074,000,000 | $77,980,000,000 | $60,689,000,000 | $53,055,000,000 |
| Goodwill | - | - | - | $7,000,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $4,091,000,000 | $9,370,000,000 | $4,044,000,000 | $1,343,000,000 |
| Operating Activities | ||||
| Operating Cash Flow | $4,091,000,000 | $9,370,000,000 | $4,044,000,000 | $1,343,000,000 |
| Cash Flow From Continuing Operating Activities | $4,091,000,000 | $9,370,000,000 | $4,044,000,000 | $1,343,000,000 |
| Operating Gains Losses | $54,000,000 | $513,000,000 | $8,000,000 | $-133,000,000 |
| Investing Activities | ||||
| Investing Cash Flow | $-12,094,000,000 | $-12,545,000,000 | $-4,066,000,000 | $-5,688,000,000 |
| Cash Flow From Continuing Investing Activities | $-12,094,000,000 | $-12,545,000,000 | $-4,066,000,000 | $-5,688,000,000 |
| Net Other Investing Changes | $-613,000,000 | $232,000,000 | $303,000,000 | $-199,000,000 |
| Capital Expenditure | - | - | - | $-25,000,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-174,000,000 | $-27,000,000 | $-227,000,000 | $-81,000,000 |
| Issuance Of Capital Stock | $4,000,000 | $0 | $0 | $0 |
| Financing Cash Flow | $8,798,000,000 | $3,661,000,000 | $78,000,000 | $4,436,000,000 |
| Cash Flow From Continuing Financing Activities | $8,798,000,000 | $3,661,000,000 | $78,000,000 | $4,436,000,000 |
| Net Other Financing Charges | $7,635,000,000 | $3,118,000,000 | $-541,000,000 | $4,386,000,000 |
| Cash Dividends Paid | $-240,000,000 | $-229,000,000 | $-219,000,000 | $-205,000,000 |
| Common Stock Dividend Paid | $-240,000,000 | $-229,000,000 | $-219,000,000 | $-205,000,000 |
| Net Common Stock Issuance | $-170,000,000 | $-27,000,000 | $-227,000,000 | $-81,000,000 |
| Common Stock Issuance | $4,000,000 | $0 | $0 | $0 |
| Other | ||||
| Repayment Of Debt | $-29,000,000 | $-28,000,000 | $-428,000,000 | $-584,000,000 |
| Issuance Of Debt | $691,000,000 | $640,000,000 | $890,000,000 | $690,000,000 |
| Interest Paid Supplemental Data | $255,000,000 | $213,000,000 | $217,000,000 | $163,000,000 |
| Income Tax Paid Supplemental Data | $252,000,000 | $78,000,000 | $298,000,000 | $129,000,000 |
| End Cash Position | $4,168,000,000 | $3,326,000,000 | $2,970,000,000 | $2,927,000,000 |
| Beginning Cash Position | $3,326,000,000 | $2,970,000,000 | $2,927,000,000 | $2,948,000,000 |
| Effect Of Exchange Rate Changes | $47,000,000 | $-130,000,000 | $-13,000,000 | $-112,000,000 |
| Changes In Cash | $795,000,000 | $486,000,000 | $56,000,000 | $91,000,000 |
| Common Stock Payments | $-174,000,000 | $-27,000,000 | $-227,000,000 | $-81,000,000 |
| Net Issuance Payments Of Debt | $662,000,000 | $612,000,000 | $462,000,000 | $106,000,000 |
| Net Long Term Debt Issuance | $662,000,000 | $612,000,000 | $462,000,000 | $106,000,000 |
| Long Term Debt Payments | $-29,000,000 | $-28,000,000 | $-428,000,000 | $-584,000,000 |
| Long Term Debt Issuance | $691,000,000 | $640,000,000 | $890,000,000 | $690,000,000 |
| Net Investment Purchase And Sale | $-8,709,000,000 | $-11,191,000,000 | $-3,448,000,000 | $-5,155,000,000 |
| Sale Of Investment | $30,716,000,000 | $30,494,000,000 | $9,805,000,000 | $11,919,000,000 |
| Purchase Of Investment | $-39,425,000,000 | $-41,685,000,000 | $-13,253,000,000 | $-17,074,000,000 |
| Net Business Purchase And Sale | $-527,000,000 | $-320,000,000 | $-77,000,000 | $17,000,000 |
| Sale Of Business | $546,000,000 | $258,000,000 | $474,000,000 | $717,000,000 |
| Purchase Of Business | $-1,073,000,000 | $-578,000,000 | $-551,000,000 | $-700,000,000 |
| Change In Working Capital | $3,163,000,000 | $8,264,000,000 | $3,135,000,000 | $442,000,000 |
| Change In Other Working Capital | $-37,000,000 | $196,000,000 | $279,000,000 | $322,000,000 |
| Change In Payables And Accrued Expense | $-228,000,000 | $-123,000,000 | $49,000,000 | $-63,000,000 |
| Change In Payable | $-228,000,000 | $-123,000,000 | $49,000,000 | $-63,000,000 |
| Change In Receivables | $-355,000,000 | $-166,000,000 | $-746,000,000 | $-188,000,000 |
| Changes In Account Receivables | $-355,000,000 | $-166,000,000 | $-746,000,000 | $-188,000,000 |
| Other Non Cash Items | $-78,000,000 | $-92,000,000 | $-207,000,000 | $211,000,000 |
| Asset Impairment Charge | $41,000,000 | $23,000,000 | $0 | $0 |
| Amortization Of Securities | $-271,000,000 | $-214,000,000 | $-127,000,000 | $-71,000,000 |
| Depreciation And Amortization | $43,000,000 | $46,000,000 | $41,000,000 | $38,000,000 |
| Earnings Losses From Equity Investments | $-193,000,000 | $-96,000,000 | $-181,000,000 | $-331,000,000 |
| Gain Loss On Investment Securities | $247,000,000 | $609,000,000 | $189,000,000 | $200,000,000 |
| Net Income From Continuing Operations | $1,182,000,000 | $717,000,000 | $902,000,000 | $517,000,000 |
| Gain Loss On Sale Of Business | - | $0 | $0 | $-2,000,000 |
| Proceeds From Stock Option Exercised | - | - | - | $0 |
| Net PPE Purchase And Sale | - | - | - | $-25,000,000 |
| Purchase Of PPE | - | - | - | $-25,000,000 |