Reinsurance Group of America, Incorporated

US$261.90As of Sun 8 Nov 2026, 12:00 UTC

NYSE:RGAFinancials

Country USA

PE (Fwd) •••

TSR 10Y CAGR 11.41%

Div yield 1.50%

ROE 13.85%

Insurance (Reinsurance)

Beta (5Y) 0.40

PE TTM 10.13

TSR TTM 46.06%

Mkt cap US$17.04B

Combined —

SE Grade™

Value

Quality

Moat

Consensus

Reference

$255

(2.48%)

139.44%

Hold 0|11|7|3|1

TTM

FYE 31 Dec USD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

0.902

Revenue$B

1.734

1.888

2.022

2.211

2.397

2.610

2.881

3.140

3.437

3.669

0.987

8.88%

8.50%

14.57

Revenue growth%

21.71

20.44

19.00

20.89

20.86

18.37

20.58

22.09

19.88

19.65

10.94

19.88

20.51

2.54

Combined R.%

95.61

94.46

93.31

93.58

93.85

93.21

94.42

93.39

94.04

93.63

19.81

93.63

93.74

2.97

Operating margin%

8.12

7.02

5.67

3.58

5.33

3.67

3.70

5.62

3.75

4.91

18.53

3.75

5.12

5.22

Net margin%

22.85

24.53

25.97

26.29

26.15

26.85

29.10

26.42

26.16

27.48

2.66

26.85

26.22

24.03

P/E ratio (avg)x

33.29

31.99

35.92

36.34

41.70

46.86

49.22

56.24

62.39

72.27

14.81

56.24

44.28

30.48

P/TBVx

7.102

6.766

6.693

6.956

7.485

6.951

7.427

7.902

8.263

8.633

7.264

7.902

7.265

26.70

P/Bx

17.43

15.91

16.38

14.56

12.55

13.15

13.41

13.96

13.27

27.93

13.41

13.96

3.90

Prem. grth%

14.97

17.26

18.95

19.76

22.00

21.59

24.31

24.82

26.64

26.68

14.63

24.82

21.80

22.72

Invest. yld%

13.47

11.53

13.81

13.83

14.32

15.54

17.30

16.91

18.33

20.46

17.28

17.30

14.93

9.03

BVPS grth%

5.21

6.59

4.27

2.54

2.01

0.40

0.46

0.40

1.40

2.35

17.24

0.46

2.18

18.29

Return on equity%

15.58

16.11

16.99

17.00

17.17

18.02

20.80

19.27

21.11

20.32

21.74

20.32

17.60

19.87

Return on assets%

31.12

31.50

29.75

31.44

29.59

28.43

28.88

25.89

27.61

25.62

13.39

27.61

29.23

21.61

EPS$

6.19

6.68

6.59

5.87

5.44

5.42

5.66

5.16

4.58

4.24

24.04

(4.86%)

(4.70%)

—

7.95

EPS growth%

27.56

25.95

28.17

26.76

29.25

27.23

30.11

29.79

32.61

32.80

10.75

30.11

28.71

4.96

Bookvalue per sh$

13.43

13.59

14.47

13.46

12.65

10.90

11.45

11.75

12.37

12.69

7.13

0.07%

(0.10%)

—

20.22

TBV/sh$

5.57

5.82

6.09

6.00

6.59

7.02

7.47

8.04

8.35

7.46

20.63

2.49%

3.36%

—

17.59

Dividend per sh$

18.07

19.76

20.42

19.90

21.20

20.52

18.56

17.06

17.05

15.40

19.02

(6.19%)

(1.94%)

—

21.79

Div yield (avg)%

19.21

21.78

22.50

25.37

25.30

26.13

26.14

24.54

21.79

22.61

27.18

24.54

23.57

8.34

Payout ratio%

25.85

26.11

28.79

29.39

30.45

32.78

31.86

33.77

32.80

33.69

3.01

32.80

31.16

65.84

Shares (diluted)M

56.41

50.59

53.03

53.69

48.80

45.85

46.92

45.16

40.00

34.91

65.33

(6.48%)

(4.78%)

10.26

Buyback yield%

5.44

3.22

3.00

5.04

4.96

7.46

10.25

10.02

9.61

11.90

11.80

10.02

6.45

1.734

D/E ratiox

0.395

0.389

0.370

0.378

0.341

0.348

0.326

0.333

0.320

0.301

0.534

0.326

0.345

2.194

Assets$B

2.371

2.576

2.662

3.018

3.289

3.564

3.711

3.970

4.325

4.643

1.325

7.14%

8.03%

1.181

LT debt$B

3.294

3.599

3.773

4.157

5.005

5.852

5.886

7.163

7.899

7.947

0.240

9.69%

9.24%

Peers (US$17.04B)

Cap (US$)

Everest Group, Ltd.

15.23B

8.646x

RenaissanceRe Holdings…

14.04B

9.749x

Hamilton Insurance…

3.639B

7.078x

KGI Financial Holding…

17.25B

6.471x

Capital

TTM

10Y

Leveragex

1.351

(0.174)

EBIT/Intx

0.219

0.085

0.077

Own earn%

—

Sh yield%

32.05

34.51

30.91

Owners

Insiders/Inst%

10.67

58.93

Short interest%

4.01

SBC / revenue%

1.39

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

4–8

$1 testx

—

Incr. ROIC%

—

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.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$3.669B

8.50%

1.00×

Claims and benefits

$2.208B

8.53%

1.00×

Total costs

$3.121B

8.53%

1.00×