Reinsurance Group Of America (RGA) Gross Margin (2009 - 2026)
Reinsurance Group Of America (RGA) posted quarterly Gross Margin of 92.91% for Q1 2026, down 139.0% year-over-year from 238.22% in Q1 2025, and up 230.88% quarter-over-quarter from 28.08% in Q4 2025.
Reinsurance Group Of America (RGA) Gross Margin (2009 - 2026) Analysis & Trends
Reinsurance Group Of America (RGA) has reported Gross Margin for 18 consecutive years, with 92.91% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 139.0% year-over-year to 92.91%; the TTM figure through Mar 2026 stood at 57.54% (down 2013.0% YoY), while the FY2025 annual figure was 1.36%, down 9153.0% from the prior year.
- Gross Margin climbed to 92.91% in Q1 2026 per RGA's latest filing, from 28.08% in the prior quarter.
- Across five years, Gross Margin topped out at 280.12% in Q4 2022 and bottomed at 161.09% in Q4 2023.
- Historically, Gross Margin has averaged 56.14% across 5 years, with a median of 29.79% in 2025.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 44122 bps — and 2024, when it soared 25375 bps.
- Reinsurance Group Of America's Gross Margin stood at 280.12% in 2022, then plunged by 158 bps to 161.09% in 2023, then jumped by 158 bps to 92.65% in 2024, then plunged by 70 bps to 28.08% in 2025, then surged by 231 bps to 92.91% in 2026.
- Business Quant data shows RGA's Gross Margin at 92.91% in Q1 2026, 28.08% in Q4 2025, and 29.79% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn | 32.53% |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | 45.22% |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 65.96% |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | 56.94% |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 51.86% |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | 30.73% |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | 77.34% |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.53% |
| Mar 31, 2026 | 92.91% |
| Dec 31, 2025 | 28.08% |
| Sep 30, 2025 | 29.79% |
| Jun 30, 2025 | 94.20% |
| Mar 31, 2025 | 94.30% |
| Dec 31, 2024 | 92.65% |
| Sep 30, 2024 | 94.71% |
| Jun 30, 2024 | 23.90% |
| Mar 31, 2024 | 19.02% |
| Dec 31, 2023 | -161.09% |
| Sep 30, 2023 | 23.17% |
| Jun 30, 2023 | 93.38% |
| Mar 31, 2023 | 27.95% |
| Dec 31, 2022 | 280.12% |
| Sep 30, 2022 | 24.74% |
| Jun 30, 2022 | 24.72% |
| Mar 31, 2022 | 71.84% |
| Dec 31, 2021 | 94.20% |
| Sep 30, 2021 | 18.65% |