REINSURANCE GROUP OF AMERICA INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $23.7B | $22.1B | $18.6B | $16.2B | $16.7B |
| Interest expense | $366.0M | $304.0M | $257.0M | $191.0M | $139.0M |
| Pretax income | $1.5B | $980.0M | $1.2B | $718.0M | $1.4B |
| Income tax expense | $351.0M | $256.0M | $251.0M | $197.0M | $215.0M |
| Net income | $1.2B | $717.0M | $902.0M | $517.0M | $1.2B |
| Balance Sheet | |||||
| Cash and equivalents | $4.2B | $3.3B | $3.0B | $2.9B | $2.9B |
| Total assets | $156.6B | $118.7B | $97.6B | $84.9B | $92.9B |
| Total liabilities | $143.0B | $107.8B | $88.5B | $77.7B | $79.2B |
| Total debt | $5.8B | $5.1B | $4.5B | $4.0B | $3.7B |
| Stockholders' equity | $13.5B | $10.8B | $9.1B | $7.1B | $8.2B |
| Cash Flow Statement | |||||
| Cash from operations | $4.1B | $9.4B | $4.0B | $1.3B | $4.2B |
| Depreciation and amortization | $43.0M | $46.0M | $41.0M | $38.0M | $43.0M |
| Stock-based compensation | $42.0M | $60.0M | $46.0M | $45.0M | $55.0M |
| Capital expenditure | — | — | — | $25.0M | $19.0M |
| Free cash flow | — | — | — | $1.3B | $4.2B |
| Dividends paid | $240.0M | $229.0M | $219.0M | $205.0M | $194.0M |
| Share repurchases | $174.0M | $27.0M | $227.0M | $81.0M | $99.0M |
Shares outstanding 65.5M · Free float 94.8%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.