Reinsurance Group Of America (RGA) Free Cash Flow (2009 - 2026)
Reinsurance Group Of America (RGA) reported Free Cash Flow of -$3.0 billion for Q1 2026, down 108.09% year-over-year from $36.5 billion in Q1 2025, and down 140.66% on a QoQ basis from $7.3 billion in Q4 2025.
Reinsurance Group Of America (RGA) has 18 years of Free Cash Flow data on file, last reported at -$3.0 billion in Q1 2026.
- Quarterly Free Cash Flow fell 108.09% year-over-year to -$3.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.3 billion (down 83.3% YoY) and the FY2025 annual result came in at $3.8 billion, down 59.16% from the prior year.
- Free Cash Flow slipped to -$3.0 billion in Q1 2026 per RGA's latest filing, from $7.3 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $17.1 billion in Q4 2024 and bottomed at -$5.7 billion in Q1 2024.
- The 5-year median for Free Cash Flow is -$855.0 million (2025), against an average of $914.6 million.
- Peak annual rise in Free Cash Flow reached 202.0% in 2023, while the deepest fall reached 814.2% in 2023.
- Tracing RGA's Free Cash Flow over 5 years: stood at $2.3 billion in 2022, then jumped by 202.0% to $6.9 billion in 2023, then jumped by 147.0% to $17.1 billion in 2024, then slumped by 57.59% to $7.3 billion in 2025, then slumped by 140.66% to -$3.0 billion in 2026.
- Per Business Quant, the three latest RGA Free Cash Flow figures stand at -$3.0 billion (Q1 2026), $7.3 billion (Q4 2025), and -$1.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Everest | 14.15 Bn | -33.10 Bn | 2.75 Bn | 649.00 Mn |
| 2 | Reinsurance Group Of America | 13.91 Bn | 4.92 Bn | -26.00 Mn | -2.96 Bn |
| 3 | Renaissancere Holdings | 12.54 Bn | 14.14 Bn | 1.21 Bn | 687.57 Mn |
| 4 | Hamilton Insurance | 3.14 Bn | 2.33 Bn | - | 100.83 Mn |
| 5 | SiriusPoint | 2.72 Bn | 1.83 Bn | 567.70 Mn | 141.90 Mn |
| 6 | Greenlight Capital Re | 577.91 Mn | 502.82 Mn | 62.99 Mn | 37.21 Mn |
| 7 | Oxbridge Re Holdings | 8.03 Mn | 7.22 Mn | - | 210,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.96 Bn |
| Mar 31, 2026 | -2.96 Bn |
| Dec 31, 2025 | 7.27 Bn |
| Dec 31, 2025 | 7.27 Bn |
| Sep 30, 2025 | -1.18 Bn |
| Sep 30, 2025 | -1.18 Bn |
| Jun 30, 2025 | -855.00 Mn |
| Jun 30, 2025 | -855.00 Mn |
| Mar 31, 2025 | -1.42 Bn |
| Mar 31, 2025 | -1.42 Bn |
| Dec 31, 2024 | 17.15 Bn |
| Dec 31, 2024 | 17.15 Bn |
| Sep 30, 2024 | -1.11 Bn |
| Sep 30, 2024 | -1.11 Bn |
| Jun 30, 2024 | -965.00 Mn |
| Jun 30, 2024 | -965.00 Mn |
| Mar 31, 2024 | -5.73 Bn |
| Mar 31, 2024 | -5.73 Bn |
| Dec 31, 2023 | 6.94 Bn |
| Dec 31, 2023 | 6.94 Bn |
| Sep 30, 2023 | -1.01 Bn |
| Sep 30, 2023 | -1.01 Bn |
| Jun 30, 2023 | -241.00 Mn |
| Jun 30, 2023 | -241.00 Mn |
| Mar 31, 2023 | -1.55 Bn |
| Mar 31, 2023 | -1.55 Bn |
| Dec 31, 2022 | 2.30 Bn |
| Dec 31, 2022 | 2.30 Bn |
| Sep 30, 2022 | -842.00 Mn |
| Sep 30, 2022 | -842.00 Mn |
| Jun 30, 2022 | -85.00 Mn |
| Jun 30, 2022 | -85.00 Mn |
| Mar 31, 2022 | -169.00 Mn |
| Mar 31, 2022 | -169.00 Mn |
| Dec 31, 2021 | 923.00 Mn |
| Dec 31, 2021 | 923.00 Mn |
| Sep 30, 2021 | 1.49 Bn |
| Sep 30, 2021 | 1.49 Bn |
| Jun 30, 2021 | -42.00 Mn |
| Jun 30, 2021 | -42.00 Mn |
| Mar 31, 2021 | 2.36 Bn |
| Mar 31, 2021 | 2.36 Bn |
| Dec 31, 2020 | 532.00 Mn |
| Dec 31, 2020 | 532.00 Mn |
| Sep 30, 2020 | 194.00 Mn |
| Sep 30, 2020 | 194.00 Mn |
| Jun 30, 2020 | 367.00 Mn |
| Jun 30, 2020 | 367.00 Mn |
| Mar 31, 2020 | 2.20 Bn |
| Mar 31, 2020 | 2.20 Bn |
| Dec 31, 2019 | 510.00 Mn |
| Dec 31, 2019 | 510.00 Mn |
| Sep 30, 2019 | 794.00 Mn |
| Sep 30, 2019 | 794.00 Mn |
| Jun 30, 2019 | 640.00 Mn |
| Jun 30, 2019 | 640.00 Mn |
| Mar 31, 2019 | 329.00 Mn |
| Mar 31, 2019 | 329.00 Mn |
| Dec 31, 2018 | 451.84 Mn |
| Dec 31, 2018 | 451.84 Mn |
| Sep 30, 2018 | 531.15 Mn |
| Sep 30, 2018 | 531.15 Mn |
| Jun 30, 2018 | 350.56 Mn |
| Jun 30, 2018 | 350.56 Mn |
| Mar 31, 2018 | 218.46 Mn |
| Mar 31, 2018 | 218.46 Mn |
| Dec 31, 2017 | 866.74 Mn |
| Dec 31, 2017 | 866.74 Mn |
| Sep 30, 2017 | 383.60 Mn |
| Sep 30, 2017 | 383.60 Mn |
| Jun 30, 2017 | 287.19 Mn |
| Jun 30, 2017 | 287.19 Mn |
| Mar 31, 2017 | 400.47 Mn |
| Mar 31, 2017 | 400.47 Mn |
| Dec 31, 2016 | 401.20 Mn |
| Dec 31, 2016 | 401.20 Mn |
| Sep 30, 2016 | 425.43 Mn |
| Sep 30, 2016 | 425.43 Mn |
| Jun 30, 2016 | 225.87 Mn |
| Jun 30, 2016 | 225.87 Mn |
| Mar 31, 2016 | 368.57 Mn |
| Mar 31, 2016 | 368.57 Mn |
| Dec 31, 2015 | 1.19 Bn |
| Dec 31, 2015 | 1.19 Bn |
| Sep 30, 2015 | 274.09 Mn |
| Sep 30, 2015 | 274.09 Mn |
| Jun 30, 2015 | 308.86 Mn |
| Jun 30, 2015 | 308.86 Mn |
| Mar 31, 2015 | 294.71 Mn |
| Mar 31, 2015 | 294.71 Mn |
| Dec 31, 2014 | 1.08 Bn |
| Dec 31, 2014 | 1.08 Bn |
| Sep 30, 2014 | 256.02 Mn |
| Sep 30, 2014 | 256.02 Mn |
| Jun 30, 2014 | 366.58 Mn |
| Jun 30, 2014 | 366.58 Mn |
| Mar 31, 2014 | 541.23 Mn |
| Mar 31, 2014 | 541.23 Mn |
| Dec 31, 2013 | 476.13 Mn |
| Dec 31, 2013 | 476.13 Mn |
| Sep 30, 2013 | 445.91 Mn |
| Sep 30, 2013 | 445.91 Mn |
| Jun 30, 2013 | 310.19 Mn |
| Jun 30, 2013 | 310.19 Mn |
| Mar 31, 2013 | 494.93 Mn |
| Mar 31, 2013 | 494.93 Mn |
| Dec 31, 2012 | 445.45 Mn |
| Dec 31, 2012 | 445.45 Mn |
| Sep 30, 2012 | 710.82 Mn |
| Sep 30, 2012 | 710.82 Mn |
| Jun 30, 2012 | 263.60 Mn |
| Jun 30, 2012 | 263.60 Mn |
| Mar 31, 2012 | 554.66 Mn |
| Mar 31, 2012 | 554.66 Mn |
| Dec 31, 2011 | 475.56 Mn |
| Dec 31, 2011 | 475.56 Mn |
| Sep 30, 2011 | 296.16 Mn |
| Sep 30, 2011 | 296.16 Mn |
| Jun 30, 2011 | 162.17 Mn |
| Jun 30, 2011 | 162.17 Mn |
| Mar 31, 2011 | 375.65 Mn |
| Mar 31, 2011 | 375.65 Mn |
| Dec 31, 2010 | 512.46 Mn |
| Dec 31, 2010 | 512.46 Mn |
| Sep 30, 2010 | 295.07 Mn |
| Sep 30, 2010 | 295.07 Mn |
| Jun 30, 2010 | 87.18 Mn |
| Jun 30, 2010 | 87.18 Mn |
| Mar 31, 2010 | 948.03 Mn |
| Mar 31, 2010 | 948.03 Mn |
| Dec 31, 2009 | 461.30 Mn |
| Dec 31, 2009 | 461.30 Mn |