Company Analysis

Reinsurance Group of America, Incorporated (RGA)

NYSE: RGA · Life Insurance · Chesterfield, MO · filing with the SEC since 1996
Grade4.8
◀ Past 4.8● Present 4.7▶ Future 4.9

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 20, 2026Feb 21, 2025Feb 26, 2024Feb 24, 2023Feb 25, 2022Feb 26, 2021Feb 27, 2020Feb 27, 2019Feb 27, 2018Feb 28, 2017
Revenue23,698,00022,107,00018,567,00016,227,000r16,667,000r14,596,00014,300,00012,876,000r12,516,000r11,521,511
For lenders
Provision for credit losses··16,00016,00029,00038,0001,0002,000r1,000r872
For insurers
Premiums earned17,230,00017,843,00015,085,00013,078,00012,513,00011,694,00011,297,000r10,544,000r9,841,100r9,248,871
Net investment income5,806,0004,416,0003,591,0003,161,0003,138,0002,575,0002,520,0002,139,000r2,155,000r1,911,886
Benefits, claims and losses16,995,00016,903,00013,872,00011,982,000r11,673,000r11,075,00010,197,0009,319,000r8,519,000r7,993,375
Total benefits, losses and expenses22,158,00021,127,00017,407,00015,509,000r15,282,000r14,043,00013,168,00012,030,000r11,373,000r10,477,565
Interest expense366,000304,000257,000191,000r139,000r170,000173,000147,000r146,000r137,623
Income before income taxes1,540,000980,0001,160,000718,000r1,385,000r553,0001,132,000846,000r1,143,000r1,043,946
Income tax expense351,000256,000251,000197,000r215,000r138,000262,000130,000r-679,000r342,503
Net income including non-controlling interests1,189,000724,000909,000521,000r1,170,000r415,000····
Net income to non-controlling interests7,0007,0007,0004,00000····
Net income1,182,000717,000902,000517,000r1,170,000r415,000870,000716,000r1,822,000r701,443
Earnings per share, basic17.9410.9013.607.73r17.26r6.3513.8811.2528.2810.91
Earnings per share, diluted17.6910.7313.447.64r17.13r6.3113.6211.0027.7110.79
Weighted average shares, basic65,90065,80066,30066,90067,80065,40062,700r63,700r64,42764,274
Weighted average shares, diluted66,80066,90067,10067,70068,30065,80063,900r65,100r65,75364,989
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanAndLeaseLosses
Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet
Net investment income what its investments earnedus-gaap:NetInvestmentIncome
Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet
Total benefits, losses and expenses claims and every other cost togetherus-gaap:BenefitsLossesAndExpenses
Interest expense what its borrowing costus-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton RGA · research, not advice