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Reinsurance Group of America

Financial Services US RGA

214.6USD
0.97(0.45%)

Last update at 2025-01-02T18:51:00Z

Day Range

213.84216.43
LowHigh

52 Week Range

118.96170.62
LowHigh

Fundamentals

  • Previous Close 213.63
  • Market Cap10600.95M
  • Volume244471
  • P/E Ratio9.51
  • Dividend Yield2.11%
  • EBITDA1682.50M
  • Revenue TTM17948.00M
  • Revenue Per Share TTM271.32
  • Gross Profit TTM 2031.00M
  • Diluted EPS TTM16.92

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 831.00M 691.00M 553.00M 1132.00M 0.85M
Minority interest -4.00000M - - - -
Net income 627.00M 617.00M 415.00M 870.00M 0.72M
Selling general administrative - - - - 0.00000M
Selling and marketing expenses - - - - -
Gross profit 15249.00M 15722.00M 13780.00M 13432.00M 12.09M
Reconciled depreciation 38.00M 43.00M 49.00M 49.00M 45.13M
Ebit 1011.00M 244.00M 193.00M 740.00M 993.17M
Ebitda 978.00M 691.00M 553.00M 1132.00M 0.85M
Depreciation and amortization -33.00000M 43.00M 49.00M 49.00M 45.13M
Non operating income net other - - - - -
Operating income 1011.00M 691.00M 553.00M 1132.00M 0.85M
Other operating expenses 1009.00M 936.00M 816.00M 868.00M 0.79M
Interest expense 184.00M 127.00M 170.00M 173.00M 0.15M
Tax provision 204.00M 74.00M 138.00M 262.00M 129.98M
Interest income 191.00M 139.00M 187.00M 202.00M 177.05M
Net interest income -191.00000M -139.00000M -187.00000M -202.00000M -177.05400M
Extraordinary items - - 0.00000M 0.00000M 62.17M
Non recurring - - - - -
Other items - - - - -
Income tax expense 204.00M 74.00M 138.00M 262.00M 0.13M
Total revenue 16258.00M 16658.00M 14596.00M 14300.00M 12.88M
Total operating expenses 1009.00M -15031.00000M -13227.00000M -12300.00000M -11.24400M
Cost of revenue 1009.00M 936.00M 816.00M 868.00M 0.79M
Total other income expense net -180.00000M 447.00M 360.00M 392.00M 363.45M
Discontinued operations - - - - -
Net income from continuing ops 627.00M 617.00M 415.00M 870.00M 715.84M
Net income applicable to common shares 623.00M 617.00M 415.00M 870.00M 716.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 84616.00M 92175.00M 84656.00M 76731.00M 64535.25M
Intangible assets 164.00M 186.00M 206.00M 223.00M 78.20M
Earning assets - - - - -
Other current assets -5629.00000M -38527.00000M -60787.00000M 19779.00M 10722.70M
Total liab 80471.00M 3667.00M 3573.00M 2981.00M 2787.87M
Total stockholder equity 4145.00M 13014.00M 14352.00M 11601.00M 8450.55M
Deferred long term liab 736.00M 2886.00M 3263.00M 2712.00M 1798.80M
Other current liab -736.00000M 833.00M -400.00000M 61551.00M 52214.92M
Common stock 1.00M 1.00M 1.00M 1.00M 0.79M
Capital stock 1.00M 1.00M 1.00M 1.00M 0.79M
Retained earnings 8967.00M 8563.00M 8148.00M 7952.00M 7284.95M
Other liab 68708.00M 67708.00M 59332.00M 54299.00M 45513.00M
Good will 7.00M 7.00M 7.00M 7.00M 7.00M
Other assets 28052.00M 86254.00M 77758.00M 72506.00M 60704.11M
Cash 2927.00M 2948.00M 3408.00M 1449.00M 1889.73M
Cash and equivalents 2927.00M 2948.00M 3408.00M 1449.00M 1889.73M
Total current liabilities 736.00M 7606.00M 400.00M 61551.00M 52614.86M
Current deferred revenue 736.00M - - - -
Net debt 1034.00M 719.00M 165.00M 1532.00M 898.14M
Short term debt 400.00M 0.00000M 400.00M 0.00000M 399.94M
Short long term debt 400.00M 0.00000M 400.00M 0.00000M 399.94M
Short long term debt total 3961.00M 3667.00M 3573.00M 2981.00M 2787.87M
Other stockholder equity 782.00M 808.00M 844.00M 511.00M 528.05M
Property plant equipment 272.00M 139.00M 144.00M 145.00M 152.00M
Total current assets 55828.00M 3035.00M 3635.00M 1513.00M 2032.33M
Long term investments 55516.00M 60987.00M 72911.00M 67048.00M 40217.14M
Net tangible assets 4145.00M 13014.00M 14352.00M 11601.00M 8256.00M
Short term investments 52901.00M 87.00M 227.00M 64.00M 142.60M
Net receivables 5475.00M 5468.00M 3825.00M 3844.00M 3775.44M
Long term debt 3961.00M 3847.00M 3961.00M 3579.00M 3069.89M
Inventory - - - - -
Accounts payable 725.00M 7606.00M 7011.00M 6268.00M 6130.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 90.00M - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -5605.00000M 3642.00M 5359.00M 3137.00M 636.76M
Additional paid in capital - - - - -
Common stock total equity 1.00M 1.00M 1.00M 1.00M 0.79M
Preferred stock total equity - - - - -
Retained earnings total equity 8967.00M 8563.00M 8148.00M 7952.00M 7284.95M
Treasury stock -1720.00000M -1653.00000M -1562.00000M -1426.00000M -1370.60200M
Accumulated amortization - - - - -
Non currrent assets other -17579.00000M -78441.00000M -72173.00000M -66491.00000M -54062.58900M
Deferred long term asset charges - - - - -
Non current assets total 736.00M 2886.00M 3263.00M 2712.00M 1798.80M
Capital lease obligations - - - - -
Long term debt total 3961.00M 3847.00M 3961.00M 3579.00M 3469.83M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -5479.00000M -4780.00000M -2186.00000M -2244.00000M -157.35200M
Change to liabilities 1129.00M 5062.00M 2819.00M 1537.00M 1593.07M
Total cashflows from investing activities -5688.00000M -4628.00000M -2680.00000M -2638.00000M -636.55200M
Net borrowings 106.00M -117.00000M 376.00M -63.00000M -55.43700M
Total cash from financing activities 4436.00M 20.00M 1254.00M -121.00000M -321.97300M
Change to operating activities 951.00M 4772.00M 2823.00M 1270.00M 1396.00M
Net income 627.00M 617.00M 415.00M 870.00M 715.84M
Change in cash -21.00000M -460.00000M 1959.00M -441.00000M 586.21M
Begin period cash flow 2948.00M 3408.00M 1449.00M 1890.00M 1303.52M
End period cash flow 2927.00M 2948.00M 3408.00M 1449.00M 1889.73M
Total cash from operating activities 1343.00M 4182.00M 3322.00M 2307.00M 1581.12M
Issuance of capital stock 0.00000M 0.00000M 481.00M - -
Depreciation -33.00000M -11.00000M 3.00M -6.00000M -12.25100M
Other cashflows from investing activities -184.00000M 171.00M -466.00000M -360.00000M -450.30900M
Dividends paid 205.00M 194.00M 182.00M 163.00M 140.11M
Change to inventory - - - - -
Change to account receivables -142.00000M -207.00000M 47.00M -68.00000M -697.86100M
Sale purchase of stock -81.00000M -99.00000M -163.00000M -101.00000M -299.67900M
Other cashflows from financing activities 5282.00M 1304.00M 1779.00M 633.00M 563.18M
Change to netincome 362.00M -1096.00000M -81.00000M 63.00M 245.33M
Capital expenditures 25.00M 19.00M 28.00M 34.00M 28.89M
Change receivables -253.00000M -222.00000M 36.00M -72.00000M -690.70200M
Cash flows other operating -489.00000M -168.00000M 130.00M -85.00000M -270.16000M
Exchange rate changes - -34.00000M 63.00M 11.00M -36.38700M
Cash and cash equivalents changes 91.00M -460.00000M 1959.00M -441.00000M 586.21M
Change in working capital 674.00M 4583.00M 2969.00M 1591.00M 708.71M
Stock based compensation - 89.00M 16.00M -211.00000M 36.20M
Other non cash items -190.00000M 3665.00M 2920.00M 1232.00M 801.02M
Free cash flow 1318.00M 4163.00M 3294.00M 2273.00M 1552.23M

Peer Comparison

Sector: Financial Services Industry: Insurance - Reinsurance

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
RGA
Reinsurance Group of America
0.97 0.45% 214.60 9.51 8.17 0.59 1.31 0.69
MURGY
Muenchener Rueckver Ges
- -% 10.02 18.65 10.86 0.82 1.89 0.80
MURGF
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
4.66 0.93% 505.00 18.48 10.80 0.81 1.88 0.80
SSREY
Swiss Re Ltd
-0.09 0.25% 36.00 19.20 9.00 0.66 2.53 0.82
SSREF
Swiss Re AG
- -% 143.67 19.13 9.03 0.66 2.54 0.82

Reports Covered

Stock Research & News

Profile

Reinsurance Group of America, Incorporated engages in reinsurance business. The company offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. It also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, the company develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. It serves life insurance companies in the United States, Latin America, Canada, Europe, the Middle East, Africa, Australia, and the Asia Pacific. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.

Reinsurance Group of America

16600 Swingley Ridge Road, Chesterfield, MO, United States, 63017

Key Executives

Name Title Year Born
Ms. Anna Manning FCIA, FSA Pres, CEO & Non-Independent Director 1959
Mr. Todd Cory Larson Sr. EVP & CFO 1964
Ms. Leslie Ann Barbi Exec. VP & Chief Investment Officer 1967
Mr. Kin-Shun Cheng Exec. VP and Head of Asia, Australia & EMEA 1974
Mr. Ronald Paul Herrmann CFP, CFP Exec. VP & Head of U.S. and Latin American Markets NA
Mr. J. Jeffrey Hopson Sr. VP of Investor Relations NA
Mr. William L. Hutton Exec. VP, Gen. Counsel & Sec. 1960
Lynn Phillips VP of Corp. Communications NA
Mr. Raymond Kleeman Exec. VP & Chief HR Officer NA
Ms. Gay Burns Exec. VP 1967

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