RGA vs KKR vs FRFHF Stock Comparison

Reinsurance Group Of America, Kkr and Fairfax Financial Holdings Prices as of Oct 23, 2026 Peers: Industry group
KKR KKR & Co. Inc.
$91.34 -6.0% 1M -24.5% 1Y
Market cap
$82.32B
P/E
27.5x
Revenue (TTM)
$21.31B
Div. yield
0.01%
Alternative Asset Managers Financial Services
5 wins

Head to Head

11 decided of 12

Kkr leads on 5 of the 12 questions below (Kkr 5, Fairfax Financial Holdings 3, Reinsurance Group Of America 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionRGAKKRFRFHFLeader
Larger companyMarket capitalisation $17.25B $82.32B $37.73B KKR
Cheaper on earningsLower P/E, profitable companies only 11.4x 27.5x 7.5x FRFHF
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.6x 10.7x 9.7x RGA
Faster revenue growthRevenue growth, trailing twelve months +19.4% +31.1% +10.0% KKR
More profitableNet margin, trailing twelve months 5.8% 14.0% 3.7% KKR
Better return on capitalReturn on invested capital -67.7% 6.0% — KKR
Less leveragedLower net debt / EBITDA — 3.5x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.01% FRFHF
Better 1-year returnPrice return, last 12 months +39.1% -24.5% +6.5% RGA
Better 5-year returnAnnualised price return, 5 years +17.4%/yr +4.4%/yr +33.9%/yr FRFHF
Less volatileAnnualised volatility, 1 year 22.6% 38.1% 22.6% RGA
Higher overall scoreMean of the five percentile scores vs peers 35/100 59/100 41/100 KKR

Percentile Scorecard

RGAKKRFRFHF

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisRGAKKRFRFHF
Valuation 60 #48 of 119 80 #37 of 183 40 #72 of 119
Growth 63 #44 of 117 78 #26 of 113 37 #74 of 117
Profitability 11 #104 of 117 52 #63 of 131 31 #81 of 117
Financial Health 20 #95 of 118 33 #113 of 168 83 #21 of 118
Shareholder Returns 20 #87 of 108 51 #38 of 76 16 #91 of 108
Overall 35 59 41
  • RGA ranked among 126 companies in Insurance
  • KKR ranked among 212 companies in Asset and Wealth Management
  • FRFHF ranked among 126 companies in Insurance

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodRGAKKRFRFHFSPY
1 month +7.0%-6.0%+12.0% -1.0%
3 months +10.6%-8.1%+7.6% +2.9%
6 months +26.3%-10.3%-0.6% +6.4%
Year to date +29.8%-28.3%-7.3% +11.4%
1 year +39.1%-24.5%+6.5% +13.1%
3 years +79.7%+62.5%+121.8% +79.4%
3 years, per year +21.6%+17.6%+30.4% +21.5%
5 years +122.6%+24.2%+330.7% +67.7%
5 years, per year +17.4%+4.4%+33.9% +10.9%
10 years +145.0%+551.5%+230.0% +255.2%
10 years, per year +9.4%+20.6%+12.7% +13.5%

Risk

MeasureRGAKKRFRFHFSPY
Volatility, 1Y 22.6%38.1%22.6% 12.7%
Downside volatility, 1Y 20.6%40.6%23.8% 12.7%
Beta vs S&P 500, 1Y 0.251.450.24 1.00
Return / volatility, 1Y 1.73-0.640.29 1.03
Max drawdown, 5Y -27.4%-49.8%-20.9% -25.4%
From 52-week high -2.9%-36.0%-7.7% -2.5%
52-week high $271.99$142.77$1,916.53 $779.14
52-week low $181.54$83.88$1,529.40 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleRGAKKRFRFHF
P/E now vs peer median 11.4xmedian 10.5x 27.4xmedian 33.6x 7.6xmedian 10.5x
P/S now vs peer median 0.7xmedian 1.4x 3.8xmedian 4.6x 0.4xmedian 1.4x
EV/EBITDA now vs peer median —median 8.0x 12.4xmedian 12.0x 5.9xmedian 8.0x
P/FCF now vs peer median 11.7xmedian 8.4x 35.0xmedian 13.4x -2,065xmedian 8.4x
P/B now vs peer median 1.3xmedian 1.5x 1.1xmedian 1.9x 1.7xmedian 1.5x
PEG now vs peer median 0.35median 0.47 0.92median 0.91 5.66median 0.47

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsRGAKKRFRFHF
Revenue $25.97B $21.31B $134.78B
Gross profit $7.74B – –
Operating income -$16.35B – –
Net income $1.52B $5.64B $5.03B
Free cash flow $1.48B $2.34B -$26.00M
EPS (diluted) $22.85 $3.16 $217.11
Cash & equivalents $5.29B $21.08B –
Total debt $5.71B $53.48B –
Shares (diluted) 66.00M 945.58M 23.08M
Enterprise value -$3.29B $2.47B $37.73B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricRGAKKRFRFHF
P/E 11.4x 27.4x 7.6x
P/FCF 11.7x 35.0x -2,065x
P/Operating cash flow 5.8x 33.0x -1,647x
P/S 0.7x 3.8x 0.4x
P/B 1.3x 1.1x 1.7x
P/Tangible book 1.3x 1.1x 1.7x
EV/EBITDA – 12.4x 5.9x
EV/EBIT -1.1x 12.1x 6.3x
EV/Revenue 0.7x 5.4x 0.4x
EV/FCF 11.7x 48.9x -2,065x
EV/Operating cash flow 5.8x 46.0x -1,647x
PEG (3Y EPS CAGR) 0.35 0.92 5.66

Growth

14 metrics
MetricRGAKKRFRFHF
Revenue growth (1Y) 19.4% 31.1% 10.0%
Revenue CAGR (3Y) 15.6% 24.2% 75.1%
Gross profit growth (1Y) 32.9% – –
Gross profit CAGR (3Y) 19.3% – –
Operating income growth (1Y) -10.7% – –
Operating income CAGR (3Y) -13.0% – –
Net income growth (1Y) 95.0% 16.1% 0.7%
Net income CAGR (3Y) 7.7% 48.3% -1.7%
EPS growth (1Y) 98.8% 50.9% 5.4%
EPS CAGR (3Y) 32.2% 29.7% 1.3%
Operating cash flow growth (1Y) -78.4% -47.6% -100.9%
Operating cash flow CAGR (3Y) 145.5% 33.3% 73.3%
Free cash flow growth (1Y) -88.6% -48.8% -100.8%
Free cash flow CAGR (3Y) 51.3% 32.8% 75.1%

Profitability

14 metrics
MetricRGAKKRFRFHF
Gross margin 29.8% – –
EBITDA margin – 43.3% 6.7%
Operating margin -63.0% – –
Pretax margin 7.2% 31.1% 4.7%
Net margin 5.8% 14.0% 3.7%
FCF margin 5.7% 11.0% 0.0%
Operating cash flow margin 11.5% 11.7% 0.0%
Return on equity 11.2% 7.1% 24.7%
Return on assets 0.9% 1.3% 7.0%
Return on invested capital -67.7% 6.0% –
Return on capital employed – – –
Asset turnover 0.2x 0.1x 1.2x
Cash conversion (OCF / net income) 2.0x 0.4x 0.0x
Stock comp / revenue – 3.6% –

Financial Health

11 metrics
MetricRGAKKRFRFHF
Debt / assets 3.4% 12.9% –
Debt / equity 0.4x 0.7x –
Net debt / EBITDA – 3.5x –
Debt / FCF 3.9x 22.9x –
Liabilities / assets 91.8% 81.3% 71.6%
Equity / assets 8.2% 18.7% 28.4%
Interest coverage -6.5x 3.4x 10.0x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricRGAKKRFRFHF
Dividend yield 1.4% 0.8% 0.8%
Net buyback yield 1.6% 0.3% 0.0%
Shareholder yield 3.0% 1.1% 0.8%
Payout ratio (earnings) – 11.9% 10.7%
Payout ratio (FCF) – 28.6% -2,077%
Dividend growth (1Y) – 6.1% -18.8%
Dividend CAGR (3Y) – 7.3% 1.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusRGAKKRFRFHF
Forward P/E 8.6xFY2026 10.7xFY2026 9.7xFY2026
EPS, next fiscal year $30.62FY2026 $8.54FY2026 $182.80FY2026
EPS growth, next FY +34.8%FY2026 +75.4%FY2026 -14.5%FY2026
EPS growth, the year after -7.3% -18.7% +8.4%
Revenue, next fiscal year $25.11BFY2026 $11.29BFY2026 $33.74BFY2026
Revenue growth, next FY +5.9%FY2026 +47.4%FY2026 +0.3%FY2026
Revenue growth, the year after +16.6% +4.2% -5.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRGAKKRFRFHF
Held by institutions 99.4% 60.4% 0.3%
Institutions holding 628 1,266 17
Change in shares held, QoQ +1.6% +3.8% -14.0%
Institutions buying 313 634 7
Institutions selling 207 457 1
Buyers to sellers 1.51 1.39 7.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

RGAKKRFRFHF
RGA 1.00 0.29 0.22
KKR 0.29 1.00 0.15
FRFHF 0.22 0.15 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, RGA, KKR and FRFHF?

Kkr (KKR) is the largest by market capitalisation: Reinsurance Group Of America (RGA) $17.25B, Kkr (KKR) $82.32B, Fairfax Financial Holdings (FRFHF) $37.73B.

Which stock is cheaper, RGA, KKR and FRFHF?

Fairfax Financial Holdings (FRFHF) trades on the lowest price-to-earnings ratio (Reinsurance Group Of America (RGA) 11.4x, Kkr (KKR) 27.5x, Fairfax Financial Holdings (FRFHF) 7.5x). On next year's consensus earnings, Reinsurance Group Of America (RGA) is cheapest (Reinsurance Group Of America (RGA) 8.6x, Kkr (KKR) 10.7x, Fairfax Financial Holdings (FRFHF) 9.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Kkr (KKR) grew revenue fastest over the trailing twelve months: Reinsurance Group Of America (RGA) +19.4%, Kkr (KKR) +31.1%, Fairfax Financial Holdings (FRFHF) +10.0%.

Which company is more profitable?

Kkr (KKR) has the highest net margin (Reinsurance Group Of America (RGA) 5.8%, Kkr (KKR) 14.0%, Fairfax Financial Holdings (FRFHF) 3.7%). On return on invested capital, Kkr (KKR) leads (Reinsurance Group Of America (RGA) -67.7%, Kkr (KKR) 6.0%).

Which stock has performed better?

Over the past year Reinsurance Group Of America (RGA) returned the most: Reinsurance Group Of America (RGA) +39.1%, Kkr (KKR) -24.5%, Fairfax Financial Holdings (FRFHF) +6.5%. Over five years, Fairfax Financial Holdings (FRFHF) compounded fastest (Reinsurance Group Of America (RGA) +17.4%/yr, Kkr (KKR) +4.4%/yr, Fairfax Financial Holdings (FRFHF) +33.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Fairfax Financial Holdings (FRFHF) has the highest dividend yield: Reinsurance Group Of America (RGA) 0.00%, Kkr (KKR) 0.01%, Fairfax Financial Holdings (FRFHF) 0.01%. Reinsurance Group Of America (RGA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Reinsurance Group Of America (RGA) has been the steadiest (Reinsurance Group Of America (RGA) 22.6%, Kkr (KKR) 38.1%, Fairfax Financial Holdings (FRFHF) 22.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, RGA, KKR and FRFHF?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kkr (KKR) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.