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Reinsurance Group of America RGA Free cash flow margin

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Other financials

Income statement

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Revenue$6.5B+23.5%
Net income$330.0M+15.4%
EPS (diluted)$4.98+16.6%

Balance sheet

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Cash & equivalents$5.0B-3.1%
Total debt$7.4B+5.3%
Total equity$13.3B+16.6%
Total assets$164.06B+28.0%

Cash flow

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Operating cash flow-$2.9B-101%
CapEx$84.0M+1,150%
Free cash flow-$3.0B-106%

Valuation

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Market cap$15.49B+27.6%
Enterprise value$17.9B+29.1%
P/E12.6×-3.1×
P/S0.6×+0.1×

Profitability

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Net margin4.9%+1.1pp

Returns & leverage

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Return on equity9.9%+2.3pp
Debt / equity0.6×-0.1×

Where this comes from

Calculated from Reinsurance Group of America’s reported figures.

Based on trailing twelve months.

The source filing: Reinsurance Group of America’s 10-Q, filed May 8, 2026. Open the filing →

Filed
May 8, 2026, 1:51 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000898174-26-000025

FAQ

What is Reinsurance Group of America's free cash flow margin?
Reinsurance Group of America (RGA) reported free cash flow margin of 9.2% in Q1 2026.
How has Reinsurance Group of America's free cash flow margin changed year-over-year?
Reinsurance Group of America's free cash flow margin decreased by 85.8% year-over-year, from 64.9% to 9.2%.
What is the long-term trend for Reinsurance Group of America's free cash flow margin?
Over 5 years (2020 to 2025), Reinsurance Group of America's free cash flow margin has grown at a -6.5% compound annual growth rate (CAGR), from 22.6% to 16.1%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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