REINSURANCE GROUP OF AMERICA (RGA) Stock Fundamental Analysis
NYSE:RGA • US7593516047
223.88 USD
+1.06 (+0.48%)
At close: Feb 20, 2026
223.88 USD
0 (0%)
After Hours: 2/20/2026, 8:04:00 PM
We assign a fundamental rating of 5 out of 10 to RGA. RGA was compared to 149 industry peers in the Insurance industry. While RGA seems to be doing ok healthwise, there are quite some concerns on its profitability. RGA has a decent growth rate and is not valued too expensively. Finally RGA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year RGA was profitable.
- In the past year RGA had a positive cash flow from operations.
- In the past 5 years RGA has always been profitable.
- Of the past 5 years RGA 4 years had a positive operating cash flow.
1.2 Ratios
- RGA has a worse Return On Assets (0.57%) than 68.46% of its industry peers.
- RGA has a worse Return On Equity (6.68%) than 70.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 6.68% | ||
| ROIC | N/A |
ROA(3y)0.76%
ROA(5y)0.83%
ROE(3y)8.45%
ROE(5y)8.33%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- RGA's Profit Margin of 3.89% is on the low side compared to the rest of the industry. RGA is outperformed by 70.47% of its industry peers.
- RGA's Profit Margin has improved in the last couple of years.
- RGA's Operating Margin of 7.39% is on the low side compared to the rest of the industry. RGA is outperformed by 69.80% of its industry peers.
- In the last couple of years the Operating Margin of RGA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.39% | ||
| PM (TTM) | 3.89% | ||
| GM | N/A |
OM growth 3Y12.85%
OM growth 5Y9.09%
PM growth 3Y16.19%
PM growth 5Y11.93%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- RGA does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for RGA has been reduced compared to 1 year ago.
- Compared to 5 years ago, RGA has less shares outstanding
- Compared to 1 year ago, RGA has an improved debt to assets ratio.
2.2 Solvency
- RGA has a debt to FCF ratio of 1.18. This is a very positive value and a sign of high solvency as it would only need 1.18 years to pay back of all of its debts.
- RGA has a Debt to FCF ratio of 1.18. This is in the better half of the industry: RGA outperforms 67.11% of its industry peers.
- RGA has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
- RGA's Debt to Equity ratio of 0.44 is on the low side compared to the rest of the industry. RGA is outperformed by 63.09% of its industry peers.
- Although RGA does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.18 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.43%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 8.31% over the past year.
- RGA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.81% yearly.
- RGA shows a small growth in Revenue. In the last year, the Revenue has grown by 7.16%.
- The Revenue has been growing by 10.15% on average over the past years. This is quite good.
EPS 1Y (TTM)8.31%
EPS 3Y19.27%
EPS 5Y26.81%
EPS Q2Q%55.31%
Revenue 1Y (TTM)7.16%
Revenue growth 3Y13.38%
Revenue growth 5Y10.15%
Sales Q2Q%27.52%
3.2 Future
- Based on estimates for the next years, RGA will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.83% on average per year.
- Based on estimates for the next years, RGA will show a quite strong growth in Revenue. The Revenue will grow by 9.18% on average per year.
EPS Next Y6.08%
EPS Next 2Y7.69%
EPS Next 3Y9.9%
EPS Next 5Y9.83%
Revenue Next Year9.41%
Revenue Next 2Y7.67%
Revenue Next 3Y9.94%
Revenue Next 5Y9.18%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 9.14 indicates a reasonable valuation of RGA.
- RGA's Price/Earnings ratio is a bit cheaper when compared to the industry. RGA is cheaper than 67.79% of the companies in the same industry.
- RGA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.99.
- With a Price/Forward Earnings ratio of 8.61, the valuation of RGA can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, RGA is valued a bit cheaper than the industry average as 65.10% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, RGA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.14 | ||
| Fwd PE | 8.61 |
4.2 Price Multiples
- 83.89% of the companies in the same industry are more expensive than RGA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.03 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- RGA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.5
PEG (5Y)0.34
EPS Next 2Y7.69%
EPS Next 3Y9.9%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.66%, RGA has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.65, RGA has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.85, RGA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
5.2 History
- The dividend of RGA is nicely growing with an annual growth rate of 6.13%!
- RGA has paid a dividend for at least 10 years, which is a reliable track record.
- RGA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.13%
Div Incr Years15
Div Non Decr Years15
5.3 Sustainability
- 27.34% of the earnings are spent on dividend by RGA. This is a low number and sustainable payout ratio.
- RGA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP27.34%
EPS Next 2Y7.69%
EPS Next 3Y9.9%
223.88
+1.06 (+0.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)02-05 2026-02-05/amc
Earnings (Next)04-29 2026-04-29/amc
Inst Owners99.74%
Inst Owner Change-2.98%
Ins Owners0.2%
Ins Owner Change2.54%
Market Cap14.66B
Revenue(TTM)23.71B
Net Income(TTM)867.00M
Analysts74.29
Price Target238.17 (6.38%)
Short Float %0.94%
Short Ratio1.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
Yearly Dividend3.48
Dividend Growth(5Y)6.13%
DP27.34%
Div Incr Years15
Div Non Decr Years15
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.58%
Min EPS beat(2)-16.11%
Max EPS beat(2)8.95%
EPS beat(4)2
Avg EPS beat(4)-1.96%
Min EPS beat(4)-16.11%
Max EPS beat(4)8.95%
EPS beat(8)6
Avg EPS beat(8)6.13%
EPS beat(12)9
Avg EPS beat(12)9.49%
EPS beat(16)12
Avg EPS beat(16)19.04%
Revenue beat(2)1
Avg Revenue beat(2)0.71%
Min Revenue beat(2)-2.37%
Max Revenue beat(2)3.8%
Revenue beat(4)1
Avg Revenue beat(4)-2.98%
Min Revenue beat(4)-8.36%
Max Revenue beat(4)3.8%
Revenue beat(8)4
Avg Revenue beat(8)5.03%
Revenue beat(12)7
Avg Revenue beat(12)4.65%
Revenue beat(16)9
Avg Revenue beat(16)3.59%
PT rev (1m)-1.43%
PT rev (3m)-1.06%
EPS NQ rev (1m)-0.69%
EPS NQ rev (3m)-2.89%
EPS NY rev (1m)-0.38%
EPS NY rev (3m)-0.11%
Revenue NQ rev (1m)0.3%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)-1.43%
Revenue NY rev (3m)-1.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.14 | ||
| Fwd PE | 8.61 | ||
| P/S | 0.66 | ||
| P/FCF | 3.03 | ||
| P/OCF | 3.03 | ||
| P/B | 1.13 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | N/A |
EPS(TTM)24.5
EY10.94%
EPS(NY)25.99
Fwd EY11.61%
FCF(TTM)73.92
FCFY33.02%
OCF(TTM)73.92
OCFY33.02%
SpS340.86
BVpS198.26
TBVpS198.26
PEG (NY)1.5
PEG (5Y)0.34
Graham Number330.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 6.68% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 7.39% | ||
| PM (TTM) | 3.89% | ||
| GM | N/A | ||
| FCFM | 21.69% |
ROA(3y)0.76%
ROA(5y)0.83%
ROE(3y)8.45%
ROE(5y)8.33%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y12.85%
OM growth 5Y9.09%
PM growth 3Y16.19%
PM growth 5Y11.93%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.18 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 6.49 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 558.13% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC7.43%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.31%
EPS 3Y19.27%
EPS 5Y26.81%
EPS Q2Q%55.31%
EPS Next Y6.08%
EPS Next 2Y7.69%
EPS Next 3Y9.9%
EPS Next 5Y9.83%
Revenue 1Y (TTM)7.16%
Revenue growth 3Y13.38%
Revenue growth 5Y10.15%
Sales Q2Q%27.52%
Revenue Next Year9.41%
Revenue Next 2Y7.67%
Revenue Next 3Y9.94%
Revenue Next 5Y9.18%
EBIT growth 1Y32.98%
EBIT growth 3Y27.95%
EBIT growth 5Y20.16%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-46.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-46.21%
OCF growth 3YN/A
OCF growth 5YN/A
REINSURANCE GROUP OF AMERICA / RGA FAQ
Can you provide the ChartMill fundamental rating for REINSURANCE GROUP OF AMERICA?
ChartMill assigns a fundamental rating of 5 / 10 to RGA.
Can you provide the valuation status for REINSURANCE GROUP OF AMERICA?
ChartMill assigns a valuation rating of 6 / 10 to REINSURANCE GROUP OF AMERICA (RGA). This can be considered as Fairly Valued.
How profitable is REINSURANCE GROUP OF AMERICA (RGA) stock?
REINSURANCE GROUP OF AMERICA (RGA) has a profitability rating of 3 / 10.
What is the valuation of REINSURANCE GROUP OF AMERICA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for REINSURANCE GROUP OF AMERICA (RGA) is 9.14 and the Price/Book (PB) ratio is 1.13.
Is the dividend of REINSURANCE GROUP OF AMERICA sustainable?
The dividend rating of REINSURANCE GROUP OF AMERICA (RGA) is 7 / 10 and the dividend payout ratio is 27.34%.