Reinsurance Group of America, Incorporated
RGAFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
22,043
Cost of Revenue
19,555
Gross Profit
2,488
Gross Margin
11.3%
Operating Income
980
Operating Margin
4.4%
Net Income
717
Net Margin
3.3%
EPS (Basic)
$10.90
EPS (Diluted)
$10.73
EBITDA
1,330
EBITDA Margin
6.0%
2023
12/31/2023
Revenue
18,392
Cost of Revenue
16,061
Gross Profit
2,331
Gross Margin
12.7%
Operating Income
1,160
Operating Margin
6.3%
Net Income
902
Net Margin
4.9%
EPS (Basic)
$13.60
EPS (Diluted)
$13.44
EBITDA
1,458
EBITDA Margin
7.9%
2022
12/31/2022
Revenue
15,880
Cost of Revenue
14,309
Gross Profit
1,571
Gross Margin
9.9%
Operating Income
718
Operating Margin
4.5%
Net Income
517
Net Margin
3.3%
EPS (Basic)
$7.73
EPS (Diluted)
$7.64
EBITDA
947
EBITDA Margin
6.0%
2021
12/31/2021
Revenue
16,061
Cost of Revenue
14,207
Gross Profit
1,854
Gross Margin
11.5%
Operating Income
1,385
Operating Margin
8.6%
Net Income
1,170
Net Margin
7.3%
EPS (Basic)
$9.10
EPS (Diluted)
$9.04
EBITDA
1,567
EBITDA Margin
9.8%
2020
12/31/2020
Revenue
14,584
Cost of Revenue
13,040
Gross Profit
1,544
Gross Margin
10.6%
Operating Income
553
Operating Margin
3.8%
Net Income
415
Net Margin
2.8%
EPS (Basic)
$6.35
EPS (Diluted)
$6.31
EBITDA
772
EBITDA Margin
5.3%