Reinsurance Group Of America (RGA) Operating Margin (2009 - 2026)

Reinsurance Group Of America (RGA) has reported Operating Margin for 18 consecutive years, with 28.08% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin rose 294.0% year-over-year to 28.08% in Q2 2026; TTM through Jun 2026 was 25.92%, a 287.0% increase from a year earlier, with the FY2025 full-year figure at 24.5%, up 452.0% from the prior year.
• Operating Margin was 28.08% for Q2 2026 at Reinsurance Group Of America, up from 26.19% in the prior quarter.
• Over five years, Operating Margin peaked at 28.08% in Q2 2026 and troughed at 15.16% in Q1 2024.
• A 5-year average of 21.6% and a median of 20.85% in 2022 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin slumped 497 bps in 2024 and jumped 826 bps in 2025, its largest moves.
• Over 5 years, Operating Margin stood at 19.0% in 2022, then gained by 0 bps to 19.09% in 2023, then increased by 18 bps to 22.61% in 2024, then rose by 13 bps to 25.49% in 2025, then gained by 10 bps to 28.08% in 2026.
• The last three Operating Margin figures came in at 28.08% (Q2 2026), 26.19% (Q1 2026), and 25.49% (Q4 2025), per Business Quant data.