Reinsurance Group Of America (RZB) Operating Margin (2009 - 2026)
Reinsurance Group Of America (RZB) reported Operating Margin of 37.02% for Q1 2026, up 1360.0% year-over-year from 2.54% in Q1 2025, and up 45.25% quarter-over-quarter from 25.49% in Q4 2025.
Reinsurance Group Of America (RZB) Operating Margin (2009 - 2026) Analysis & Trends
Reinsurance Group Of America (RZB) has 18 years of Operating Margin data on file, last reported at 37.02% in Q1 2026.
- Operating Margin for Q1 2026 came in at 37.02%, up 1360.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.24% (up 496.0% YoY), and the FY2025 annual result was 33.7%, up 895.0% from the prior year.
- Operating Margin improved to 37.02% in Q1 2026 per RZB's latest filing, from 25.49% in the prior quarter.
- Over five years, Operating Margin peaked at 80.11% in Q1 2022 and troughed at 15.16% in Q1 2024.
- A 5-year average of 25.35% and a median of 21.02% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2023: Operating Margin jumped 5225 bps in 2022, then plunged 5998 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 19.0% in 2022, then advanced by 0 bps to 19.09% in 2023, then rose by 18 bps to 22.61% in 2024, then gained by 13 bps to 25.49% in 2025, then jumped by 45 bps to 37.02% in 2026.
- Business Quant data shows RZB's Operating Margin at 37.02% in Q1 2026, 25.49% in Q4 2025, and 23.77% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 13.22 Bn | 4.22 Bn | -26.00 Mn | 37.02% |
| 2 | Everest | 13.21 Bn | -34.04 Bn | 2.75 Bn | 15.86% |
| 3 | Renaissancere Holdings | 12.04 Bn | 13.64 Bn | 1.21 Bn | 19.16% |
| 4 | Hamilton Insurance | 3.07 Bn | 2.25 Bn | - | - |
| 5 | SiriusPoint | 2.59 Bn | 1.70 Bn | 567.70 Mn | 10.39% |
| 6 | Greenlight Capital Re | 520.42 Mn | 445.33 Mn | 62.99 Mn | -58.91% |
| 7 | Kestrel | 86.59 Mn | 59.79 Mn | 7.94 Mn | -37.33% |
| 8 | Oxbridge Re Holdings | 6.70 Mn | 5.89 Mn | - | 12.25% |
| 9 | Reinsurance Group Of America | - | - | -26.00 Mn | 37.02% |
| 10 | Reinsurance Group Of America | - | - | -26.00 Mn | 37.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.02% |
| Dec 31, 2025 | 25.49% |
| Sep 30, 2025 | 23.77% |
| Jun 30, 2025 | 25.15% |
| Mar 31, 2025 | 23.42% |
| Dec 31, 2024 | 22.61% |
| Sep 30, 2024 | 21.02% |
| Jun 30, 2024 | 22.18% |
| Mar 31, 2024 | 15.16% |
| Dec 31, 2023 | 19.09% |
| Sep 30, 2023 | 17.89% |
| Jun 30, 2023 | 20.62% |
| Mar 31, 2023 | 20.14% |
| Dec 31, 2022 | 19.00% |
| Sep 30, 2022 | 18.99% |
| Jun 30, 2022 | 19.32% |
| Mar 31, 2022 | 80.11% |
| Dec 31, 2021 | 17.69% |
| Sep 30, 2021 | 19.69% |
| Jun 30, 2021 | 24.50% |