Reinsurance Group Of America (RGA) Gross Margin (2009 - 2026)
Reinsurance Group Of America's Gross Margin came in at 32.53% for Q2 2026, up 4.77 percentage points from 27.75% a year earlier and up 3.69 percentage points from the prior quarter.
Reinsurance Group Of America (RGA) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Reinsurance Group Of America reported Gross Margin of 29.82%, up 3.03 percentage points year-over-year; for FY2025, it was 28.29%, up 4.75 percentage points from FY2024.
- Gross Margin carries a five-year change of +4.16 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 23.54% in FY2024 (-1.75 pp), 25.29% in FY2023 (-0.87 pp), 26.16% in FY2022 (-3.80 pp) and 29.96% in FY2021 (+5.84 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q4 2021.
- Year-over-year, Gross Margin has increased for eight consecutive quarters, with an average year-over-year change of +3.72 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2021 (a gain of 22.20 percentage points), and the weakest in Q4 2022 (a drop of 17.15 percentage points).
- Business Quant data shows RGA's Gross Margin at 28.84% (Q1 2026), 28.08% (Q4 2025) and 29.79% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 54.87% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 57.69% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 38.28% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | - |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 51.27% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 40.82% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | - |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 46.97% |
| 10 | Reinsurance Group Of America | 16.52 Bn | -3.93 Bn | 2.16 Bn | 32.53% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.53% |
| Mar 31, 2026 | 28.84% |
| Dec 31, 2025 | 28.08% |
| Sep 30, 2025 | 29.79% |
| Jun 30, 2025 | 27.75% |
| Mar 31, 2025 | 27.34% |
| Dec 31, 2024 | 24.77% |
| Sep 30, 2024 | 27.16% |
| Jun 30, 2024 | 23.90% |
| Mar 31, 2024 | 19.02% |
| Dec 31, 2023 | 23.37% |
| Sep 30, 2023 | 23.17% |
| Jun 30, 2023 | 27.50% |
| Mar 31, 2023 | 27.95% |
| Dec 31, 2022 | 28.28% |
| Sep 30, 2022 | 24.74% |
| Jun 30, 2022 | 24.72% |
| Mar 31, 2022 | 26.70% |
| Dec 31, 2021 | 45.42% |
| Sep 30, 2021 | 18.65% |
Reinsurance Group Of America Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=RGA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RGA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=RGA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();