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Reinsurance Group of America, Incorporated logo

Reinsurance Group of America, Incorporated

RGA

NYSEFinancial ServicesInsurance - Reinsurance

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$243.13

+$0.58 · +0.24%

Aug 21, 4:00 PM ET

RGA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

77

Undervalued

Momentum

61

Gaining

Sentiment

72

Bullish

Risk resilience

84

Low Risk

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Company profile

Company website

Reinsurance Group of America, Inc. (RGA) primarily operates within the reinsurance sector. The company delivers a comprehensive portfolio of life and health reinsurance products, spanning both individual and group coverages. These include diverse life insurance options such as term, credit, universal, whole, and joint/last survivor policies, in addition to critical illness, disability, and longevity products. RGA also offers specialized asset-intensive and financial reinsurance, alongside other solutions focused on capital optimization. It further assists clients in managing risks associated with mortality, morbidity, policy lapses, and investment performance. Beyond its core reinsurance offerings, RGA is involved in developing and commercializing technology solutions, and provides expert consulting and outsourcing services to both the insurance and reinsurance industries. Its clientele comprises life insurance companies across a broad international footprint, including the United States, Latin America, Canada, Europe, the Middle East, Africa, Australia, and the Asia Pacific. Established in 1973, Reinsurance Group of America, Incorporated is headquartered in Chesterfield, Missouri.

Industry
Insurance - Reinsurance
Sector
Financial Services
Headquarters
US
CEO
Tony Cheng
Listed since
Sep 12, 2008
Employees
4,300

Market position

Day range

Current $243.13

52-week range

Current $243.13

Open
$243.71
Previous close
$242.55
Volume
184.99K
0.5× average
Average volume
367.57K
Average daily volume
Market cap
15.93B USD
Beta
0.46
Market reference 1
50-day average
$230.62
+5.43% above average
200-day average
$210.66
+15.41% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
14.99B USD
EV / EBITDA
7.69×
Earnings yield
8.79%
Free cash flow yield
30.42%

Profitability & efficiency

Return on equity
8.78%
Return on assets
0.75%
Return on invested capital
0.76%

Financial health

Current ratio
0×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends28%19%10%1%Gross margin, FY2021: 11.54%Gross margin, FY2022: 9.89%Gross margin, FY2023: 12.67%Gross margin, FY2024: 11.29%Gross margin, FY2025: 25.40%Operating margin, FY2021: 8.62%Operating margin, FY2022: 4.52%Operating margin, FY2023: 6.31%Operating margin, FY2024: 4.45%Operating margin, FY2025: 6.76%Net margin, FY2021: 7.28%Net margin, FY2022: 3.26%Net margin, FY2023: 4.90%Net margin, FY2024: 3.25%Net margin, FY2025: 5.19%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 11.54%. Gross margin FY2022 9.89%. Gross margin FY2023 12.67%. Gross margin FY2024 11.29%. Gross margin FY2025 25.40%. Operating margin FY2021 8.62%. Operating margin FY2022 4.52%. Operating margin FY2023 6.31%. Operating margin FY2024 4.45%. Operating margin FY2025 6.76%. Net margin FY2021 7.28%. Net margin FY2022 3.26%. Net margin FY2023 4.90%. Net margin FY2024 3.25%. Net margin FY2025 5.19%.

Income trends

Revenue

22.79B USD+3.39%

Operating income

1.54B USD+57.14%

Net income

1.18B USD+64.85%
Income trends across reported periods25.02B USD16.11B USD7.2B USD−1.71B USDRevenue, FY2021: 16.06B USDRevenue, FY2022: 15.88B USDRevenue, FY2023: 18.39B USDRevenue, FY2024: 22.04B USDRevenue, FY2025: 22.79B USDOperating income, FY2021: 1.39B USDOperating income, FY2022: 718M USDOperating income, FY2023: 1.16B USDOperating income, FY2024: 980M USDOperating income, FY2025: 1.54B USDNet income, FY2021: 1.17B USDNet income, FY2022: 517M USDNet income, FY2023: 902M USDNet income, FY2024: 717M USDNet income, FY2025: 1.18B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 16.06B USD. Revenue FY2022 15.88B USD. Revenue FY2023 18.39B USD. Revenue FY2024 22.04B USD. Revenue FY2025 22.79B USD. Operating income FY2021 1.39B USD. Operating income FY2022 718M USD. Operating income FY2023 1.16B USD. Operating income FY2024 980M USD. Operating income FY2025 1.54B USD. Net income FY2021 1.17B USD. Net income FY2022 517M USD. Net income FY2023 902M USD. Net income FY2024 717M USD. Net income FY2025 1.18B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue22.79B USD22.04B USD18.39B USD15.88B USD16.06B USD
Cost of goods sold17B USD19.56B USD16.06B USD14.31B USD14.21B USD
Gross profit5.79B USD2.49B USD2.33B USD1.57B USD1.85B USD
Operating expenses4.25B USD1.51B USD1.17B USD853M USD469M USD
Interest income320M USD341M USD317M USD253M USD351M USD
Interest expense366M USD304M USD257M USD191M USD139M USD
Depreciation and amortization43M USD46M USD41M USD38M USD43M USD
Operating income1.54B USD980M USD1.16B USD718M USD1.39B USD
Net income1.18B USD717M USD902M USD517M USD1.17B USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$269

10.64% upside
Past 12 months12-month forecast

Price history unavailable

High $291Average $269Low $236

Rating distribution

23 ratings
Strong buy00%
Buy1357%
Hold835%
Sell29%
Strong sell00%

RGA news

seekingalpha.com

Dividend Champion, Contender, And Challenger Highlights: Week August 16

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Read source
defenseworld.net

Reinsurance Group of America, Incorporated (NYSE:RGA) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Reinsurance Group of America, Incorporated (NYSE: RGA - Get Free Report) has been given an average rating of "Moderate Buy" by the eleven brokerages that are covering the company, MarketBeat Ratings reports. One equities…

Read source
marketbeat.com

Reinsurance Group of America Q2 Earnings Call Highlights

Reinsurance Group of America NYSE: RGA reported a record operating quarter in the second quarter of 2026, supported by investment income, recent new business, and modestly favorable claims experience across its global…

Read source
seekingalpha.com

Reinsurance Group of America, Incorporated (RGA) Q2 2026 Earnings Call Transcript

Reinsurance Group of America, Incorporated (RGA) Q2 2026 Earnings Call Transcript

Read source
zacks.com

RGA Q2 Earnings Beat Estimates on Higher Premiums, Investment Income

Reinsurance Group of America posts a strong Q2 earnings beat as Financial Solutions, investment income and premiums fuel growth despite higher expenses.

Read source
zacks.com

Reinsurance Group (RGA) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Although the revenue and EPS for Reinsurance Group (RGA) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates…

Read source

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Bank of America Corporation logo

BAC

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$61.69

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ETFs holding RGA

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Mid-Cap ETF logoiShares Core S&P Mid-Cap ETFIJH
Market value
559.67M
Weight
0.44%
AUM
125.92B USD
Expense ratio
0.05%
Price / 1D
$76.77+0.52%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
494.23M
Weight
0.02%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
356.69M
Weight
0.19%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
226.56M
Weight
0.33%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
178.65M
Weight
0.19%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
State Street SPDR S&P MIDCAP 400 ETF Trust logoState Street SPDR S&P MIDCAP 400 ETF TrustMDY
Market value
116.37M
Weight
0.44%
AUM
26.72B USD
Expense ratio
0.23%
Price / 1D
$699.6+0.48%
First Trust SMID Cap Rising Dividend Achievers ETF logoFirst Trust SMID Cap Rising Dividend Achievers ETFSDVY
Market value
113.1M
Weight
0.98%
AUM
11.64B USD
Expense ratio
0.58%
Price / 1D
$43.87+0.46%
Vanguard Dividend Appreciation ETF logoVanguard Dividend Appreciation ETFVIG
Market value
87.79M
Weight
0.07%
AUM
130.9B USD
Expense ratio
0.04%
Price / 1D
$243.91+0.69%

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