Reinsurance Group of America Incorporated Common Stock (RGA)

FairStock Score: 64/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable economics and a sensible price. RGA is a global life and health reinsurer; it takes on mortality, morbidity, longevity, and asset-intensive risks. Scale and geographic diversification provide some staying power, but reinsurance is competitive and cyclical, so I need evidence of discipline. The filed record is improving: in fiscal 2025, the year ended 2025-12-31, revenue was $23.7B and net income was $1.2B, or diluted EPS $17.69, up from FY2024 net income of $717.0M and diluted EPS $10.73. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $6.6B, net income $462.0M, and diluted EPS $7.01, after fiscal Q3 2025 net income of $253.0M. FairStock calculations at the 2026-10-13 close show a P/E of 11.38, P/B of 1.23, ROE of 11.69%, D/E of 0.41, dividend yield 1.60%, and beta 0.46. FairStock also classifies it as a FAST GROWER, based on 23.3% annual five-year profit growth and 10.2% revenue growth. Still, ROCE is only 0.95%, Piotroski is 6/9, and profits have been lumpy. As a financial company, free cash flow, EV/EBITDA, Altman Z, and Graham Number don't apply; CET1, NIM, and combined ratio are absent. At roughly book value and a low multiple, the price looks fair-to-attractive if underwriting holds—but that 'if' is the whole investment case.

In plain English: Reinsurance Group of America helps insurance companies around the world share the risk of life and health claims. The business has grown revenue and profit, carries modest debt for its size, and trades at a price that looks low compared with its earnings and net assets. The main uncertainty is insurance risk: future claims can hurt results, and important underwriting details are not in the data.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q4 2025 10-K (period ended 2025-12-31) · fiscal Q3 2025 10-K (period ended 2025-09-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer