Reinsurance Group of America profit margin RGA
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 5.8%
- Net margin on a year earlier
- +2.3 pts
- Peer median
- 6.7%
Over the twelve months to Jun 30, 2026, Reinsurance Group of America kept 5.8% of its revenue as net profit.
Five years earlier its net margin was 5.2%.
The median for 10 life insurers of a similar size is 6.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 5.0% |
| FY2024 | 3.2% |
| FY2023 | 4.9% |
| FY2022 | 3.2% |
| FY2021 | 3.7% |
| FY2020 | 2.8% |
| FY2019 | 6.1% |
| FY2018 | 5.6% |
| FY2017 | 14.6% |
| FY2016 | 6.1% |
| FY2015 | 4.8% |
| FY2014 | 6.3% |
| FY2013 | 4.1% |
| FY2012 | 6.4% |
| FY2011 | 6.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 5.8% | +2.3 pts | |
| Q1 FY26 | 4.9% | +1.1 pts | |
| Q4 FY25 | 5.0% | +1.7 pts | |
| Q3 FY25 | 3.9% | +0.6 pts | |
| Q2 FY25 | 3.5% | −0.5 pts | |
| Q1 FY25 | 3.8% | −0.4 pts | |
| Q4 FY24 | 3.2% | −1.6 pts | |
| Q3 FY24 | 3.3% | −2.5 pts | |
| Q2 FY24 | 4.0% | +0.0 pts | |
| Q1 FY24 | 4.2% | +0.7 pts | |
| Q4 FY23 | 4.9% | +1.7 pts | |
| Q3 FY23 | 5.8% | +3.4 pts |
Against its peers
Companies in Insurance - Life nearest Reinsurance Group of America's size, closest first, today.
| Company | Profit margin |
|---|---|
| RGAReinsurance Group of America | 5.8% |
| CRBGCorebridge Financial | 4.5% |
| UNMUnum | 5.3% |
| GLGlobe Life | 19.6% |
| JXNJackson Financial | 1.6% |
| VOYAVoya Financial | 7.4% |
| PRIPrimerica | 23.2% |
| LNCLincoln National | 12.2% |
| PRUPrudential Financial | 6.0% |
| CNOCNO Financial | 6.0% |
| AFLAflac | 26.9% |
| Peer median | 6.7% |
Where Reinsurance Group of America ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Reinsurance Group of America
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.