Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) Financials

RZC

Trailing 12 months to June 30, 2026

Revenue $26.0B +19.4% YoY

Net Income $1.5B +95.6% YoY

EPS (Diluted) $22.77 +97.7% YoY

Operating Cash Flow $3.0B -78.4% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 7, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RZC SEC filings page.

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) reported $26.0B in revenue over the twelve months to Jun 30, 2026, up 19.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI RZC FY2025 2026-10-03

The business expanded its asset base faster than sales, while 2025 profit improved without a matching improvement in cash generation.

Net income rose from $717M in FY2024 to $1.18B in FY2025, marking a meaningful improvement in reported accounting profitability. Operating cash flow fell from $9.37B to $4.09B over the same period, showing that the profit rebound was not accompanied by equivalent cash conversion.

FY2025 revenue increased 7.2%, but total assets expanded 32.0%, a widening scale mismatch that points to a more asset-intensive operating model rather than simple sales-led expansion. The latest return on assets was 0.8%, reinforcing that the enlarged balance sheet is not producing earnings in proportion to its growth.

Liabilities represented 91.3% of FY2025 assets, while debt-to-equity stood at 0.4x, indicating that reported operations are financed predominantly through obligations rather than shareholder capital. Investing cash outflow of $12.1B alongside financing inflow of $8.8B further indicates that balance-sheet expansion relied substantially on external funding during the year.

Financial Health Signals

Financial health score not available

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

6/7

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

3.46x

For every $1 of reported earnings, Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 generates $3.46 in operating cash flow ($4.1B OCF vs $1.2B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$6.6B

YoY+18.5%

QoQ+2.2%

5Y CAGR+9.9%

10Y CAGR+8.1%

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 generated $6.6B in revenue in Q2 2026. This represents an increase of 18.5% from the same quarter a year earlier. Against the prior quarter it is up 2.2%.

Net Income

$462.0M

YoY+156.7%

QoQ+40.0%

5Y CAGR+6.1%

10Y CAGR+6.9%

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 reported $462.0M in net income in Q2 2026. This represents an increase of 156.7% from the same quarter a year earlier. Against the prior quarter it is up 40.0%.

EPS (Diluted)

$7.01

YoY+159.6%

QoQ+40.8%

5Y CAGR+6.9%

10Y CAGR+6.8%

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 earned $7.01 per diluted share (EPS) in Q2 2026. This represents an increase of 159.6% from the same quarter a year earlier. Against the prior quarter it is up 40.8%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$5.3B

YoY-2.4%

QoQ+5.9%

5Y CAGR+10.2%

10Y CAGR+17.7%

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 held $5.3B in cash against $5.7B in long-term debt as of Q2 2026.

Dividends Per Share

$0.93

YoY+4.5%

QoQ0.0%

5Y CAGR+5.8%

10Y CAGR+9.7%

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 paid $0.93 per share in dividends in Q2 2026. This represents an increase of 4.5% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

65M

YoY-1.2%

QoQ-0.3%

5Y CAGR-0.8%

10Y CAGR+0.2%

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 had 65M shares outstanding in Q2 2026. This represents a decrease of 1.2% from the same quarter a year earlier. Against the prior quarter it is down 0.3%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Net Margin

7.0%

YoY+3.8pp

QoQ+1.9pp

5Y change-1.4pp

10Y change-0.8pp

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's net profit margin was 7.0% in Q2 2026, showing the share of revenue converted to profit. This is up 3.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.9 percentage points.

Return on Equity

3.4%

YoY+1.9pp

QoQ+0.9pp

5Y change+0.8pp

10Y change+0.3pp

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's ROE was 3.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$52.0M

QoQ-44.7%

5Y CAGR+120.4%

10Y CAGR+13.2%

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 spent $52.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 44.7%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

RZC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RZC quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$26.0B	$23.7B+7.2%	$22.1B+19.1%	$18.6B+14.4%	$16.2B-2.6%	$16.7B+14.2%	$14.6B+2.1%	$14.3B+11.1%	$12.9B+2.9%	$12.5B+8.6%	$11.5B+10.6%	$10.4B-4.5%	$10.9B+5.7%	$10.3B+4.9%	$9.8B+11.5%	$8.8B
Interest Expense	N/A	$366.0M+20.4%	$304.0M+18.3%	$257.0M+34.6%	$191.0M+37.4%	$139.0M-18.2%	$170.0M-1.7%	$173.0M+17.7%	$147.0M+0.7%	$146.0M+6.1%	$137.6M-3.7%	$142.9M+47.7%	$96.7M-22.2%	$124.3M+18.0%	$105.3M+2.6%	$102.6M
Income Tax	N/A	$351.0M+37.1%	$256.0M+2.0%	$251.0M+27.4%	$197.0M-8.4%	$215.0M+55.8%	$138.0M-47.3%	$262.0M+101.5%	$130.0M+119.1%	-$679.0M-298.2%	$342.5M+41.2%	$242.6M-25.2%	$324.5M+49.9%	$216.4M-24.7%	$287.3M+32.1%	$217.5M
Net Income	$1.5B	$1.2B+64.9%	$717.0M-20.5%	$902.0M+44.8%	$623.0M+1.0%	$617.0M+48.7%	$415.0M-52.3%	$870.0M+21.5%	$716.0M-60.7%	$1.8B+159.8%	$701.4M+39.7%	$502.2M-26.6%	$684.0M+63.3%	$418.8M-33.7%	$631.9M+15.7%	$546.0M
EPS (Basic)	N/A	$17.94+64.6%	$10.90-19.9%	$13.60+75.9%	$7.73-55.2%	$17.26+171.8%	$6.35-54.3%	$13.88+23.4%	$11.25-60.2%	$28.28+159.2%	$10.91+44.5%	$7.55-23.6%	$9.88+69.8%	$5.82-32.1%	$8.57+15.5%	$7.42
EPS (Diluted)	$22.77	$17.69+64.9%	$10.73-20.2%	$13.44+75.9%	$7.64	$17.13	$6.31-53.7%	$13.62+23.8%	$11.00-60.3%	$27.71+156.8%	$10.79+44.6%	$7.46-23.7%	$9.78+69.2%	$5.78-32.2%	$8.52+15.6%	$7.37
Diluted Shares (Avg)	N/A	67M-0.1%	67M-0.3%	67M-0.9%	68M	68M	66M+3.0%	64M-1.8%	65M-1.0%	66M+1.2%	65M-3.4%	67M-3.8%	70M-3.4%	72M-2.3%	74M+0.1%	74M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Revenue	$6.6B+18.5%	$6.5B+23.5%	$6.6B+26.6%	$6.2B+9.8%	$5.6B+14.8%	$5.3B-17.0%	$5.2B+4.7%	$5.7B+9.7%
Interest Expense	$101.0M+12.2%	$99.0M+23.8%	N/A	$98.0M+25.6%	$90.0M+25.0%	$80.0M+17.6%	N/A	$78.0M+8.3%
Income Tax	$141.0M-11.9%	$110.0M+35.8%	N/A	$65.0M+16.1%	$160.0M+146.2%	$81.0M+35.0%	N/A	$56.0M-38.5%
Net Income	$462.0M+156.7%	$330.0M+15.4%	$465.0M+210.0%	$253.0M+62.2%	$180.0M-11.3%	$286.0M+36.2%	$150.0M-6.3%	$156.0M-45.6%
EPS (Basic)	$7.07+159.9%	$5.04+16.4%	$7.07+212.8%	$3.85+62.4%	$2.72-11.4%	$4.33+35.3%	$2.26-5.8%	$2.37-45.4%
EPS (Diluted)	$7.01+159.6%	$4.98+16.6%	$6.97+214.0%	$3.81+63.5%	$2.70-10.9%	$4.27+35.1%	$2.22-6.3%	$2.33-45.7%
Diluted Shares (Avg)	66M-1.5%	66M-1.5%	N/A	67M0.0%	67M0.0%	67M0.0%	N/A	67M0.0%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.

RZC Balance Sheet

RZC quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$156.6B+31.9%	$118.7B+21.6%	$97.6B+15.0%	$84.9B-8.6%	$92.9B+9.8%	$84.7B+10.3%	$76.7B+18.9%	$64.5B+6.6%	$60.5B+14.0%	$53.1B+5.4%	$50.4B+12.8%	$44.7B+12.6%	$39.7B-1.7%	$40.4B+27.6%	$31.6B
Cash & Equivalents	$4.2B+25.3%	$3.3B+12.0%	$3.0B+1.5%	$2.9B0.0%	$2.9B-0.7%	$2.9B-13.5%	$3.4B+135.2%	$1.4B+11.1%	$1.3B+8.6%	$1.2B-21.3%	$1.5B-7.3%	$1.6B+78.2%	$923.6M-26.7%	$1.3B+30.8%	$962.9M
Short-Term Investments	$346.0M-4.7%	$363.0M+63.5%	$222.0M+44.2%	$154.0M+77.0%	$87.0M-61.7%	$227.0M+254.7%	$64.0M-55.2%	$143.0M+53.3%	$93.3M+21.6%	$76.7M-86.3%	$558.3M+471.5%	$97.7M-29.9%	$139.4M-51.6%	$288.1M+225.3%	$88.6M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	$7.0M0.0%	$7.0M0.0%	$7.0M0.0%	$7.0M0.0%	$7.0M0.0%	$7.0M0.0%	$7.0M0.0%	$7.0M0.0%	$7.0M0.0%	$7.0M0.0%	$7.0M0.0%	$7.0M
Total Liabilities	$143.0B+32.7%	$107.8B+21.8%	$88.5B+13.8%	$77.7B-1.8%	$79.2B+12.6%	$70.3B+7.9%	$65.1B+16.1%	$56.1B+10.1%	$50.9B+10.7%	$46.0B+4.0%	$44.2B+17.6%	$37.6B+11.5%	$33.7B+0.9%	$33.5B+29.6%	$25.8B
Long-Term Debt	$5.7B+13.2%	$5.0B+13.9%	$4.4B+11.8%	$4.0B+8.0%	$3.7B+2.6%	$3.6B+19.9%	$3.0B+6.9%	$2.8B0.0%	$2.8B-9.7%	$3.1B+34.4%	$2.3B0.0%	$2.3B+3.8%	$2.2B+22.0%	$1.8B+28.3%	$1.4B
Total Equity	$13.5B+24.5%	$10.8B+19.1%	$9.1B+28.2%	$7.1B-13.4%	$8.2B-43.0%	$14.4B+23.7%	$11.6B+37.3%	$8.4B-11.7%	$9.6B+34.9%	$7.1B+15.6%	$6.1B-12.6%	$7.0B+18.3%	$5.9B-14.1%	$6.9B+18.8%	$5.8B
Retained Earnings	$10.2B+9.7%	$9.3B+5.1%	$8.8B+7.8%	$8.2B-4.6%	$8.6B+5.1%	$8.1B+2.5%	$8.0B+9.2%	$7.3B+8.1%	$6.7B+29.6%	$5.2B+12.5%	$4.6B+9.0%	$4.2B+15.8%	$3.7B+9.0%	$3.4B+19.1%	$2.8B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Total Assets	$167.1B+25.2%	$164.1B+28.0%	$156.6B+31.9%	$152.0B+26.4%	$133.5B+21.5%	$128.2B+21.0%	$118.7B+21.6%	$120.3B+37.6%
Cash & Equivalents	$5.3B-2.4%	$5.0B-3.1%	$4.2B+25.3%	$4.6B-11.0%	$5.4B+17.8%	$5.2B-13.2%	$3.3B+12.0%	$5.2B+84.2%
Short-Term Investments	$378.0M-24.7%	$357.0M-21.4%	$346.0M-4.7%	$381.0M0.0%	$502.0M+49.9%	$454.0M+38.8%	$363.0M+63.5%	$381.0M+170.2%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$153.3B+26.4%	$150.7B+29.1%	$143.0B+32.7%	$138.9B+27.4%	$121.3B+21.3%	$116.7B+21.0%	$107.8B+21.8%	$109.0B+37.6%
Long-Term Debt	$5.7B-0.4%	$6.1B+6.5%	$5.7B+13.2%	$5.7B+13.2%	$5.7B+13.2%	$5.7B+29.5%	$5.0B+13.9%	$5.1B+13.9%
Total Equity	$13.7B+13.6%	$13.3B+16.6%	$13.5B+24.5%	$13.0B+16.6%	$12.1B+23.8%	$11.4B+20.4%	$10.8B+19.1%	$11.1B+38.0%
Retained Earnings	$10.8B+12.7%	$10.4B+9.9%	$10.2B+9.7%	$9.8B+6.4%	$9.6B+5.4%	$9.4B+5.7%	$9.3B+5.1%	$9.2B+5.2%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.

RZC Cash Flow Statement

RZC quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$3.0B	$4.1B-56.3%	$9.4B+131.7%	$4.0B+201.1%	$1.3B-67.9%	$4.2B+25.9%	$3.3B+44.0%	$2.3B+45.9%	$1.6B-20.2%	$2.0B+35.2%	$1.5B-29.8%	$2.1B-10.6%	$2.3B+35.3%	$1.7B-12.5%	$2.0B+50.8%	$1.3B
Depreciation & Amortization	N/A	$43.0M-6.5%	$46.0M+12.2%	$41.0M+7.9%	$38.0M-11.6%	$43.0M-12.2%	$49.0M0.0%	$49.0M+8.9%	$45.0M-15.1%	$53.0M+97.4%	$26.9M-13.7%	$31.1M+103.2%	$15.3M-98.6%	$1.1B-8.8%	$1.2B+33.1%	$895.8M
Stock-Based Compensation	N/A	$42.0M-30.0%	$60.0M+30.4%	$46.0M+2.2%	$45.0M-18.2%	$55.0M+558.3%	-$12.0M-130.8%	$39.0M+30.0%	$30.0M+36.4%	$22.0M-33.5%	$33.1M+106.9%	$16.0M-34.4%	$24.4M+20.2%	$20.3M-28.8%	$28.5M+23.4%	$23.1M
Capital Expenditures	N/A	N/A	N/A	N/A	$25.0M+31.6%	$19.0M-32.1%	$28.0M-17.6%	$34.0M+17.2%	$29.0M-34.1%	$44.0M-1.4%	$44.6M+89.5%	$23.6M-73.3%	$88.4M	$0	$0	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	$1.3B-68.3%	$4.2B+26.4%	$3.3B+44.9%	$2.3B+46.5%	$1.6B-19.9%	$1.9B+36.4%	$1.4B-31.2%	$2.1B-8.1%	$2.2B+30.1%	$1.7B-12.5%	$2.0B	N/A
Investing Cash Flow	-$14.9B	-$12.1B+3.6%	-$12.5B-208.5%	-$4.1B+28.5%	-$5.7B-22.9%	-$4.6B-72.7%	-$2.7B-1.6%	-$2.6B-314.1%	-$637.0M+60.4%	-$1.6B+43.1%	-$2.8B-97.4%	-$1.4B-9.2%	-$1.3B+1.8%	-$1.3B+32.2%	-$2.0B-117.3%	-$905.8M
Financing Cash Flow	$9.6B	$8.8B+140.3%	$3.7B+4593.6%	$78.0M-98.2%	$4.4B+22080.0%	$20.0M-98.4%	$1.3B+1136.4%	-$121.0M+62.4%	-$322.0M+0.6%	-$324.0M-130.7%	$1.1B+249.0%	-$708.3M-177.2%	-$255.6M+62.5%	-$681.2M-341.6%	$281.9M+176.4%	$102.0M
Dividends Paid	$244.0M	$240.0M+4.8%	$229.0M+4.6%	$219.0M+6.8%	$205.0M+5.7%	$194.0M+6.6%	$182.0M+11.7%	$163.0M+16.4%	$140.0M+19.7%	$117.0M+16.6%	$100.4M+7.5%	$93.4M+7.0%	$87.3M+12.4%	$77.6M+25.3%	$61.9M+40.1%	$44.2M
Share Buybacks	$282.0M	$174.0M+544.4%	$27.0M-88.1%	$227.0M+180.2%	$81.0M-18.2%	$99.0M-39.3%	$163.0M+61.4%	$101.0M-66.3%	$300.0M+581.8%	$44.0M-64.2%	$122.9M-68.0%	$384.5M+90.8%	$201.5M-25.1%	$269.2M+3788.0%	$6.9M-98.2%	$380.3M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Operating Cash Flow	-$484.0M+41.0%	-$2.9B-101.0%	$7.3B-57.2%	-$990.0M+7.2%	-$820.0M+15.2%	-$1.4B+75.1%	$17.1B+149.8%	-$1.1B-6.7%
Stock-Based Compensation	N/A	$21.0M+200.0%	N/A	N/A	N/A	$7.0M+16.7%	N/A	N/A
Investing Cash Flow	-$1.9B-65.3%	-$3.7B-118.1%	-$3.3B+21.4%	-$6.0B-393.1%	-$1.2B+65.9%	-$1.7B+54.4%	-$4.2B-182.4%	-$1.2B-1060.6%
Financing Cash Flow	$1.8B+228.3%	$1.7B-19.4%	$2.0B+149.1%	$4.2B+558.2%	$540.0M-55.7%	$2.1B+105.7%	$797.0M+128.4%	$639.0M+200.0%
Dividends Paid	$61.0M+3.4%	$61.0M+3.4%	$61.0M+5.2%	$61.0M+3.4%	$59.0M+5.4%	$59.0M+5.4%	$58.0M+3.6%	$59.0M+5.4%
Share Buybacks	$52.0M	$94.0M+147.4%	$61.0M+6000.0%	$75.0M+971.4%	$0-100.0%	$38.0M+137.5%	$1.0M-98.3%	$7.0M-86.0%

Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow.

RZC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RZC quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	5.0%+1.8pp	3.2%-1.6pp	4.9%+1.0pp	3.8%+0.1pp	3.7%+0.9pp	2.8%-3.2pp	6.1%+0.5pp	5.6%-9.0pp	14.6%+8.5pp	6.1%+1.3pp	4.8%-1.5pp	6.3%+2.2pp	4.1%-2.4pp	6.4%+0.2pp	6.2%
Return on Equity	8.8%+2.2pp	6.6%-3.3pp	9.9%+1.1pp	8.8%+1.3pp	7.5%+4.7pp	2.9%-4.6pp	7.5%-1.0pp	8.5%-10.6pp	19.0%+9.2pp	9.9%+1.7pp	8.2%-1.6pp	9.7%+2.7pp	7.1%-2.1pp	9.1%-0.2pp	9.4%
Return on Assets	0.8%+0.1pp	0.6%-0.3pp	0.9%+0.2pp	0.7%+0.1pp	0.7%+0.2pp	0.5%-0.6pp	1.1%0.0pp	1.1%-1.9pp	3.0%+1.7pp	1.3%+0.3pp	1.0%-0.5pp	1.5%+0.5pp	1.1%-0.5pp	1.6%-0.2pp	1.7%
Debt-to-Equity	0.420.0x	0.470.0x	0.49-0.1x	0.56+0.1x	0.45+0.2x	0.250.0x	0.26-0.1x	0.330.0x	0.29-0.1x	0.44+0.1x	0.370.0x	0.330.0x	0.37+0.1x	0.260.0x	0.24
Asset Turnover	0.150.0x	0.190.0x	0.190.0x	0.190.0x	0.180.0x	0.170.0x	0.190.0x	0.200.0x	0.210.0x	0.220.0x	0.210.0x	0.240.0x	0.260.0x	0.240.0x	0.28
FCF Margin	N/A	N/A	N/A	8.1%-16.9pp	25.0%+2.4pp	22.6%+6.7pp	15.9%+3.9pp	12.0%-3.4pp	15.5%+3.1pp	12.3%-7.5pp	19.8%-0.8pp	20.6%+3.9pp	16.7%-3.3pp	20.1%	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Net Margin	7.0%+3.8pp	5.1%-0.4pp	7.0%+4.1pp	4.1%+1.3pp	3.2%-1.0pp	5.4%+2.1pp	2.9%-0.3pp	2.8%-2.8pp
Return on Equity	3.4%+1.9pp	2.5%0.0pp	3.5%+2.1pp	1.9%+0.5pp	1.5%-0.6pp	2.5%+0.3pp	1.4%-0.4pp	1.4%-2.2pp
Return on Assets	0.3%+0.1pp	0.2%0.0pp	0.3%+0.2pp	0.2%0.0pp	0.1%-0.1pp	0.2%0.0pp	0.1%0.0pp	0.1%-0.2pp
Debt-to-Equity	0.42-0.1x	0.460.0x	0.420.0x	0.440.0x	0.480.0x	0.500.0x	0.470.0x	0.46-0.1x
Asset Turnover	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.050.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Where Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 Ranks

Frequently Asked Questions

What is Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's annual revenue?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) reported $23.7B in total revenue for fiscal year 2025. This represents a 7.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's revenue growing?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) revenue grew by 7.2% year-over-year, from $22.1B to $23.7B in fiscal year 2025.

Is Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 profitable?

Yes, Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) reported a net income of $1.2B in fiscal year 2025, with a net profit margin of 5.0%.

What is Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's earnings per share (EPS)?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) reported diluted earnings per share of $17.69 for fiscal year 2025. This represents a 64.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 have?

As of fiscal year 2025, Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) had $4.2B in cash and equivalents against $5.7B in long-term debt.

What is Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's net profit margin?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) had a net profit margin of 5.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 pay dividends?

Yes, Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) paid $3.64 per share in dividends during fiscal year 2025.

What is Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's return on equity (ROE)?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) has a return on equity of 8.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's operating cash flow?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) generated $4.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's total assets?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) had $156.6B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 buy back shares?

Yes, Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) spent $174.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 have outstanding?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) had 66M shares outstanding as of fiscal year 2025.

What is Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's debt-to-equity ratio?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) had a debt-to-equity ratio of 0.42 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's return on assets (ROA)?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) had a return on assets of 0.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's Piotroski F-Score?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052's earnings high quality?

Reinsurance Group of America, Incorporated 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) has an earnings quality ratio of 3.46x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.