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Reinsurance Group of America, Incorporated

RGAFinancial ServicesNASDAQ

Insurance - Reinsurance · Last scanned May 30, 2026

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Financials · Annual
Revenue
$23.68B
+7.4% YoY
Net Income
$1.18B
+64.9% YoY
Free Cash Flow
$4.82B

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About Reinsurance Group of America, Incorporated

Part of the financial services sector, Reinsurance Group of America, Incorporated (RGA) is listed under Insurance - Reinsurance. The company carries a $13.15B market cap, placing it firmly in the large-cap category. 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.

Key stats
Market Cap$13.15B
P/E (TTM)10.90
Fwd P/E6.92
EPS$18.41
Beta0.50
52W Change-1.5%
Dividend Yield1.85%
ROE9.9%
Analysis

Reinsurance Group of America, Incorporated carries $6.10B in total debt against $5.35B in cash reserves — debt is modestly above the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $4.82B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 9.9%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 0.9% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $15.88B (2022) to $23.68B (2025), reflecting a 49% increase over the period.

With a beta below 0.7, Reinsurance Group of America, Incorporated typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. No single metric tells the full story. Reviewing RGA's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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