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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›RGA›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

REINSURANCE GROUP OF AMERICA INC (RGA) financials

Income statement

REINSURANCE GROUP OF AMERICA INC (RGA) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$11.5B$12.5B$12.9B$14.3B$14.6B$16.7B$16.2B$18.6B$22.1B$23.7B
Revenue growth—8.6%2.9%11.1%2.1%14.2%-2.6%14.4%19.1%7.2%
Net income$701M$1.82B$716M$870M$415M$1.17B$517M$902M$717M$1.18B
Net margin6.1%14.6%5.6%6.1%2.8%7.0%3.2%4.9%3.2%5.0%
EPS (diluted)$10.79$27.71$11.00$13.62$6.31$17.13$7.64$13.44$10.73$17.69

Cash flow

REINSURANCE GROUP OF AMERICA INC (RGA) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$1.47B$1.98B$1.58B$2.31B$3.32B$4.18B$1.34B$4.04B$9.37B$4.09B
Capital expenditures$44.6M$44.0M$29.0M$34.0M$28.0M$19.0M$25.0M———
Free cash flow$1.42B$1.94B$1.55B$2.27B$3.29B$4.16B$1.32B———
Dividends paid$100M$117M$140M$163M$182M$194M$205M$219M$229M$240M

Balance sheet

REINSURANCE GROUP OF AMERICA INC (RGA) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.20B$1.30B$1.45B$3.41B$2.95B$2.93B$2.93B$2.97B$3.33B$4.17B
Total assets$53.1B$60.5B$64.5B$76.7B$84.7B$92.9B$84.9B$97.6B$119B$157B
Total liabilities$46.0B$50.9B$56.1B$65.1B$70.3B$79.2B$77.7B$88.5B$108B$143B
Long-term debt$3.09B$2.79B$2.79B$2.98B$3.57B$3.67B$3.96B$4.43B$5.04B$5.71B
Shareholders' equity$7.09B$9.57B$8.45B$11.6B$14.4B$8.18B$7.08B$9.08B$10.8B$13.5B
Retained earnings$5.20B$6.74B$7.29B$7.95B$8.15B$8.56B$8.17B$8.80B$9.26B$10.2B
Shares (wtd avg diluted)65.0M65.8M65.1M63.9M65.8M68.3M67.7M67.1M66.9M66.8M

Every figure is extracted from REINSURANCE GROUP OF AMERICA INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is REINSURANCE GROUP OF AMERICA INC's annual revenue?
REINSURANCE GROUP OF AMERICA INC (RGA) reported $23.7B of revenue for fiscal year 2025 — up 7.2% from $22.1B in FY2024, per its annual report filed with the SEC.
Is REINSURANCE GROUP OF AMERICA INC profitable?
Yes — RGA earned $1.18B of net income in FY2025, a 5.0% net margin, per SEC filings.
Does RGA pay a dividend?
Yes — REINSURANCE GROUP OF AMERICA INC paid $240M in cash dividends during FY2025, per its SEC cash-flow statement.
Full RGA analysis — verdict, score & filings →Is RGA a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.