Reinsurance Group of America, Incorporated (RGA) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), Reinsurance Group of America, Incorporated had a P/E ratio of 11.31 (down from 19.62), return on equity of 9.7% (up from 7.2%), debt-to-equity of 0.43 (down from 0.46) and a current ratio of 1.26 (down from 1.33). A current ratio of 1.26 means current assets exceed current liabilities. Its dividend yield was 1.81% with a payout ratio of 20.3%.

Reinsurance Group of America, Incorporated Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

Scroll to see more

Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Valuation Ratios
P/E Ratio	11.31	19.62	11.82	18.37	6.33	18.97
Forward P/E	8.13	9.38	8.55	9.24	10.25	11.01
P/S Ratio	0.56	0.64	0.57	0.58	0.44	0.54
P/B Ratio	0.99	1.29	1.16	1.32	0.57	0.55
Price/Tangible Book	1.00	1.32	1.19	1.37	0.58	0.56
Price/FCF	3.27	1.50	2.64	7.07	1.77	2.39
Price/OCF	3.27	1.50	2.64	7.07	1.77	2.37
PEG Ratio	1.11	1.17	0.50	1.24	1.24	1.24
Enterprise Value Ratios
EV/Revenue	0.61	0.64	0.67	0.63	0.47	0.59
EV/EBITDA	7.47	10.55	8.49	10.86	5.02	9.41
EV/EBIT	7.64	10.93	8.74	11.31	5.16	11.62
EV/FCF	3.56	1.50	3.06	7.66	1.88	2.61
Profitability & Returns
Return on Equity (ROE)	9.72%	7.21%	11.13%	5.16%	8.55%	3.20%
Return on Assets (ROA)	0.87%	0.74%	0.97%	0.64%	1.08%	0.57%
Return on Invested Capital (ROIC)	8.33%	6.42%	8.98%	4.71%	7.32%	3.32%
Leverage & Solvency Ratios
Debt/Equity	0.43	0.46	0.48	0.55	0.30	0.28
Debt/EBITDA	2.99	3.79	3.04	4.18	2.46	4.33
Debt/FCF	1.42	0.54	1.09	2.95	0.92	1.20
Liquidity Ratios
Current Ratio	1.26	1.33	1.41	1.76	1.09	1.02
Quick Ratio	0.64	0.71	0.73	1.12	0.70	0.81
Efficiency Ratios
Asset Turnover	0.17	0.20	0.20	0.18	0.19	0.18
Yield & Distribution Ratios
Earnings Yield	8.84%	5.10%	8.46%	5.44%	15.81%	5.27%
FCF Yield	30.60%	66.59%	37.93%	14.14%	56.50%	41.83%
Dividend Yield	1.81%	1.68%	2.14%	2.31%	2.87%	2.69%
Payout Ratio	20.31%	31.94%	24.28%	39.65%	16.58%	43.86%
Buyback Yield	0.15%	0.30%	0.89%	0.88%	-3.80%	-2.97%
Total Return	1.96%	1.98%	3.03%	3.19%	-0.92%	-0.28%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Reinsurance Group of America, Incorporated Financial Ratios

What is Reinsurance Group of America, Incorporated's P/E ratio?

Reinsurance Group of America, Incorporated's P/E ratio was 11.31 for fiscal 2025 (period ended Dec 31, 2025). It was 19.62 a year earlier.

What is Reinsurance Group of America, Incorporated's return on equity?

Reinsurance Group of America, Incorporated's return on equity (ROE) was 9.7% for fiscal 2025 (period ended Dec 31, 2025). It was 7.2% a year earlier.

What is Reinsurance Group of America, Incorporated's debt-to-equity ratio?

Reinsurance Group of America, Incorporated's debt-to-equity ratio was 0.43 for fiscal 2025 (period ended Dec 31, 2025). It was 0.46 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition