Reinsurance Group of America Cash Flow Statement
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Reinsurance Group of America free cash flow
In fiscal 2025, Reinsurance Group of America generated $4.09 billion of operating cash flow. That left free cash flow of $4.09 billion, a free-cash-flow margin of 17.3% of revenue. Free cash flow was down 56.3% from the prior year's $9.37 billion.
Reinsurance Group of America returned $414.0 million to shareholders: $240.0 million in dividends and $174.0 million in share repurchases, equal to 10% of free cash flow. Free cash flow covered dividend payments 17.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
Reinsurance Group of America cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.19B | 724.00M | 909.00M | 521.00M | 1.17B | 415.00M | 870.00M | 716.00M | 1.82B | 701.44M |
| Net Income growth (YoY) | +64.23% | -20.35% | +74.47% | -55.47% | +181.93% | -52.30% | +21.51% | -60.70% | +159.75% | +39.68% |
| Depreciation & Amortization | 43.00M | 46.00M | 41.00M | 38.00M | 43.00M | 49.00M | 49.00M | 45.00M | 53.00M | 26.85M |
| Stock-Based Compensation | 42.00M | 60.00M | 46.00M | 45.00M | 55.00M | -12.00M | 39.00M | 30.00M | 22.00M | 33.10M |
| Operating Cash Flow | 4.09B | 9.37B | 4.04B | 1.34B | 4.18B | 3.32B | 2.31B | 1.58B | 1.98B | 1.47B |
| Capital Expenditures | — | — | — | -25.00M | -19.00M | -28.00M | -34.00M | -29.00M | -44.00M | -44.64M |
| Investing Cash Flow | -12.09B | -12.54B | -4.07B | -5.69B | -4.63B | -2.68B | -2.64B | -637.00M | -1.61B | -2.83B |
| Dividends Paid | -240.00M | -229.00M | -219.00M | -205.00M | -194.00M | -182.00M | -163.00M | -140.00M | -117.00M | -100.37M |
| Share Repurchases | -174.00M | -27.00M | -227.00M | -81.00M | -99.00M | -163.00M | -101.00M | -300.00M | -44.00M | -122.92M |
| Debt Issued | 691.00M | 640.00M | 890.00M | 690.00M | 494.00M | 598.00M | 599.00M | 0 | 0 | 799.98M |
| Financing Cash Flow | 8.80B | 3.66B | 78.00M | 4.44B | 20.00M | 1.25B | -121.00M | -322.00M | -324.00M | 1.06B |
| Net Change in Cash | 842.00M | 356.00M | 43.00M | -21.00M | -460.00M | 1.96B | -441.00M | 586.00M | 103.00M | -324.56M |
| Free Cash Flow | 4.09B | 9.37B | 4.04B | 1.32B | 4.16B | 3.29B | 2.27B | 1.55B | 1.94B | 1.42B |
This table shows 10 annual periods of Reinsurance Group of America's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow RGA's reporting calendar. What is a cash flow statement?