Reinsurance Group of America Inc (RZC) income statement

RZCNYSELife InsuranceFiscal year ends December 31Also trades as RGA

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026Score 10/301% above fair value

$25.36+0.07 (+0.28%)

Close on Oct 30, 2026Market cap $1.67BP/E 1.1Yield 14.35%

Reinsurance Group of America Inc income statement

Millions of USD, except per-share data. Shares in millions.

Line item	Q2 2026 2026-06-30	Q1 2026 2026-03-31	Q4 2025 2025-12-31	Q3 2025 2025-09-30	Q2 2025 2025-06-30	Q1 2025 2025-03-31	Q4 2024 2024-12-31	Q3 2024 2024-09-30	Q2 2024 2024-06-30	Q1 2024 2024-03-31	Q4 2023 2023-12-31	Q3 2023 2023-09-30	Q2 2023 2023-06-30	Q1 2023 2023-03-31	Q4 2022 2022-12-31	Q3 2022 2022-09-30	Q2 2022 2022-06-30	Q1 2022 2022-03-31	Q4 2021 2021-12-31	Q3 2021 2021-09-30	Q2 2021 2021-06-30	Q1 2021 2021-03-31	Q4 2020 2020-12-31	Q3 2020 2020-09-30	Q2 2020 2020-06-30	Q1 2020 2020-03-31	Q4 2019 2019-12-31	Q3 2019 2019-09-30	Q2 2019 2019-06-30	Q1 2019 2019-03-31	Q4 2018 2018-12-31	Q3 2018 2018-09-30	Q2 2018 2018-06-30	Q1 2018 2018-03-31	Q4 2017 2017-12-31	Q3 2017 2017-09-30	Q2 2017 2017-06-30	Q1 2017 2017-03-31	Q4 2016 2016-12-31	Q3 2016 2016-09-30
Revenue	6,637	6,494	6,635	6,204	5,599	5,260	5,241	5,651	4,878	6,337	5,007	5,153	4,156	4,251	4,357	4,050	3,903	3,917	4,359	4,043	4,137	4,119	4,143	3,643	3,606	3,204	3,785	3,628	3,467	3,420	3,279	3,227	3,196	3,174	3,232	3,145	3,129	3,009	3,069	2,901
Total Costs & Expenses	6,032	6,053	6,125	5,884	5,258	4,891	5,016	5,437	4,609	6,065	4,843	4,773	3,891	3,900	3,976	4,127	3,756	3,650	4,302	4,077	3,655	3,933	3,974	3,358	3,411	3,300	3,477	3,281	3,207	3,203	3,141	2,904	2,949	3,036	2,977	2,805	2,790	2,801	2,774	2,613
Interest Expense	101	99	98	98	90	80	86	78	72	68	69	72	63	53	55	49	44	42	10	41	43	45	44	43	42	41	44	46	43	40	39	33	37	37	37	37	29	42	41	43
Gain (Loss) on Investments	-76	-170	-135	13	-44	-79	-247	-78	-271	-149	-155	-126	-123	-77	-6.00	-154	-240	-139	95	58	112	302	105	66	81	-285	22	49	12	8.00	-139	-20	-11	-0.47	29	23	56	61	10	87
Pretax Income	605	441	510	320	341	369	225	214	269	272	164	380	265	351	381	-77	147	267	57	-34	482	186	169	285	195	-96	308	347	260	217	138	323	247	138	255	340	339	208	296	288
Income Tax Expense	141	110	45	65	160	81	75	56	65	60	4.00	91	58	98	88	-2.00	41	70	42	-12	138	47	37	72	37	-8.00	73	84	58	47	28	21	43	38	-961	113	107	62	105	89
Net Income incl. Noncontrolling Interests	464	331	465	255	181	288	150	158	204	212	160	289	207	253	293	-75	106	197	709	-22	344	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Minority Interest in Earnings	2.00	1.00	2.00	2.00	1.00	2.00	2.00	2.00	1.00	2.00	2.00	2.00	2.00	1.00	2.00	1.00	1.00	0	0	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Net Income	462	330	463	253	180	286	148	156	203	210	158	287	205	252	291	-76	105	197	156	-22	344	139	132	213	158	-88	235	263	202	170	110	301	205	100	1,217	228	232	146	190	199
EPS (Basic)(per share)	7.07	5.04	7.07	3.85	2.72	4.33	2.26	2.37	3.07	3.20	2.40	4.34	3.09	3.77	4.36	-1.13	1.57	2.93	2.32	-0.32	5.06	2.04	1.95	3.13	2.49	-1.41	3.75	4.19	3.23	2.70	1.75	4.76	3.19	1.55	18.89	3.53	3.60	2.26	2.96	3.10
EPS (Diluted)(per share)	7.01	4.98	6.97	3.81	2.70	4.27	2.22	2.33	3.03	3.16	2.37	4.29	3.05	3.72	4.30	-1.13	1.55	2.91	2.30	-0.32	5.02	2.03	1.94	3.12	2.48	-1.41	3.68	4.12	3.18	2.65	1.72	4.68	3.13	1.52	18.49	3.47	3.54	2.22	2.92	3.07
Shares Outstanding (Basic, Weighted)(shares)	65	65	66	66	66	66	65	66	66	66	67	66	67	67	67	67	67	67	67	68	68	68	67	68	63	62	62	63	63	63	63	63	64	64	64	64	64	64	64	64
Shares Outstanding (Diluted, Weighted)(shares)	66	66	66	67	67	67	67	67	67	67	67	67	68	68	67	68	68	68	69	68	69	68	68	68	64	63	64	64	64	64	65	64	65	66	66	66	66	66	65	65
Dividend per Share(per share)	0.93	0.93	0.93	0.93	0.89	0.89	0.89	0.89	0.85	0.85	0.85	0.85	0.80	0.80	0.80	0.80	0.73	0.73	0.73	0.73	0.70	0.70	0.76	0.70	700.00	0.70	–	700.00	600.00	0.60	600.00	600.00	500.00	0.50	0.50	0.50	0.41	0.41	1,558.85	0.41
Provision for Credit Losses	–	–	–	–	–	–	–	12	2.00	10	-7.00	17	9.00	3.00	8.00	5.00	1.00	2.00	29	6.00	2.00	17	24	0	1.00	13	1.00	0.09	0.47	0	1.01	0.66	0.85	-0.52	-0.44	0.98	0.37	0.10	0.94	0.25
Premiums Earned	4,472	4,595	4,780	4,280	4,151	4,019	4,156	4,391	3,920	5,376	4,108	4,255	3,337	3,385	3,446	3,247	3,230	3,155	3,407	3,094	3,098	2,914	3,260	2,825	2,790	2,819	2,986	2,809	2,764	2,738	2,805	2,562	2,594	2,583	2,505	2,490	2,480	2,366	2,493	2,252
Net Investment Income	1,864	1,701	1,691	1,475	1,408	1,232	1,185	1,188	1,082	961	956	922	857	856	828	769	754	810	771	796	759	812	682	654	645	594	677	679	584	580	522	573	528	516	565	557	519	514	497	490
Policyholder Benefits & Claims	4,478	4,621	4,772	4,356	4,045	3,822	3,943	4,116	3,712	5,132	3,837	3,959	3,013	3,063	3,125	3,048	2,938	2,871	2,379	3,289	2,813	3,192	3,181	2,530	2,700	2,664	2,703	2,470	2,516	2,508	2,467	2,210	2,280	2,362	2,148	2,101	2,164	2,106	2,116	1,993

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: –
Net margin: 5.8%
Return on equity, FY2025: 9.7%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 1.1
Price to sales: 0.06
Price to book: 0.12
Dividend yield: 14.35%