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ATHS vs RGA
Revenue, margins, valuation, and 5-year total return — side by side.
Insurance - Reinsurance
ATHS vs RGA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Insurance - Reinsurance |
| Market Cap | $5.14B | $13.81B |
| Revenue (TTM) | $25.68B | $18.13B |
| Net Income (TTM) | $308M | $896M |
| Gross Margin | — | 17.4% |
| Operating Margin | — | 6.5% |
| Forward P/E | 1.8x | 8.0x |
| Total Debt | $0.00 | $5.71B |
| Cash & Equiv. | $14.99B | $4.17B |
ATHS vs RGA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Mar 24 | May 26 | Return |
|---|---|---|---|
| Athene Holding Ltd.… (ATHS) | 100 | 98.9 | -1.1% |
| Reinsurance Group o… (RGA) | 100 | 109.2 | +9.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ATHS vs RGA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ATHS carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 0 yrs, beta 0.18, yield 3.3%
- Rev growth 24.1%, EPS growth -21.7%
- Lower volatility, beta 0.18
RGA is the clearest fit if your priority is long-term compounding.
- 151.9% 10Y total return vs ATHS's 14.1%
- 0.6% ROA vs ATHS's 0.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 24.1% NII/revenue growth vs RGA's 3.4% | |
| Value | Lower P/E (1.8x vs 8.0x), PEG 0.15 vs 0.35 | |
| Quality / Margins | 10.6% margin vs RGA's 4.9% | |
| Stability / Safety | Beta 0.18 vs RGA's 0.67 | |
| Dividends | 3.3% yield, vs RGA's 1.7% | |
| Momentum (1Y) | +8.4% vs RGA's +6.0% | |
| Efficiency (ROA) | 0.6% ROA vs ATHS's 0.1% |
ATHS vs RGA — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
ATHS vs RGA — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — ATHS and RGA each lead in 1 of 2 comparable metrics.
Income & Cash Flow (Last 12 Months)
ATHS and RGA operate at a comparable scale, with $25.7B and $18.1B in trailing revenue. ATHS is the more profitable business, keeping 10.6% of every revenue dollar as net income compared to RGA's 4.9%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $25.7B | $18.1B |
| EBITDAEarnings before interest/tax | -$1.6B | $1.5B |
| Net IncomeAfter-tax profit | $308M | $896M |
| Free Cash FlowCash after capex | $470M | $5.5B |
| Gross MarginGross profit ÷ Revenue | — | +17.4% |
| Operating MarginEBIT ÷ Revenue | — | +6.5% |
| Net MarginNet income ÷ Revenue | +10.6% | +4.9% |
| FCF MarginFCF ÷ Revenue | +0.2% | +30.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | -99.9% |
| EPS Growth (YoY)Latest quarter vs prior year | — | -100.0% |
Valuation Metrics
ATHS leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
At 1.8x trailing earnings, ATHS trades at a 85% valuation discount to RGA's 11.9x P/E. Adjusting for growth (PEG ratio), ATHS offers better value at 0.15x vs RGA's 0.52x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $5.1B | $13.8B |
| Enterprise ValueMkt cap + debt − cash | -$9.9B | $15.3B |
| Trailing P/EPrice ÷ TTM EPS | 1.78x | 11.90x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 8.03x |
| PEG RatioP/E ÷ EPS growth rate | 0.15x | 0.52x |
| EV / EBITDAEnterprise value multiple | — | 9.70x |
| Price / SalesMarket cap ÷ Revenue | 0.20x | 0.61x |
| Price / BookPrice ÷ Book value/share | 0.24x | 1.04x |
| Price / FCFMarket cap ÷ FCF | 84.19x | 3.38x |
Profitability & Efficiency
RGA leads this category, winning 3 of 5 comparable metrics.
Profitability & Efficiency
RGA delivers a 6.9% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $0 for ATHS. On the Piotroski fundamental quality scale (0–9), RGA scores 7/9 vs ATHS's 4/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +0.1% | +6.9% |
| ROA (TTM)Return on assets | +0.1% | +0.6% |
| ROICReturn on invested capital | — | +8.3% |
| ROCEReturn on capital employed | — | +1.1% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 7 |
| Debt / EquityFinancial leverage | — | 0.42x |
| Net DebtTotal debt minus cash | -$15.0B | $1.5B |
| Cash & Equiv.Liquid assets | $15.0B | $4.2B |
| Total DebtShort + long-term debt | $0 | $5.7B |
| Interest CoverageEBIT ÷ Interest expense | — | 5.09x |
Total Returns (Dividends Reinvested)
RGA leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in RGA five years ago would be worth $17,748 today (with dividends reinvested), compared to $11,407 for ATHS. Over the past 12 months, ATHS leads with a +8.4% total return vs RGA's +6.0%. The 3-year compound annual growth rate (CAGR) favors RGA at 14.2% vs ATHS's 4.5% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +2.3% | +4.0% |
| 1-Year ReturnPast 12 months | +8.4% | +6.0% |
| 3-Year ReturnCumulative with dividends | +14.1% | +49.1% |
| 5-Year ReturnCumulative with dividends | +14.1% | +77.5% |
| 10-Year ReturnCumulative with dividends | +14.1% | +151.9% |
| CAGR (3Y)Annualised 3-year return | +4.5% | +14.2% |
Risk & Volatility
ATHS leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
ATHS is the less volatile stock with a 0.18 beta — it tends to amplify market swings less than RGA's 0.67 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ATHS currently trades 96.3% from its 52-week high vs RGA's 91.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.18x | 0.67x |
| 52-Week HighHighest price in past year | $26.17 | $229.21 |
| 52-Week LowLowest price in past year | $23.60 | $165.52 |
| % of 52W HighCurrent price vs 52-week peak | +96.3% | +91.9% |
| RSI (14)Momentum oscillator 0–100 | 65.3 | 56.5 |
| Avg Volume (50D)Average daily shares traded | 71K | 307K |
Analyst Outlook
Evenly matched — ATHS and RGA each lead in 1 of 2 comparable metrics.
Analyst Outlook
For income investors, ATHS offers the higher dividend yield at 3.33% vs RGA's 1.71%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy |
| Price TargetConsensus 12-month target | — | $239.40 |
| # AnalystsCovering analysts | — | 22 |
| Dividend YieldAnnual dividend ÷ price | +3.3% | +1.7% |
| Dividend StreakConsecutive years of raises | 0 | 18 |
| Dividend / ShareAnnual DPS | $0.84 | $3.60 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.3% |
ATHS leads in 2 of 6 categories (Valuation Metrics, Risk & Volatility). RGA leads in 2 (Profitability & Efficiency, Total Returns). 2 tied.
ATHS vs RGA: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is ATHS or RGA a better buy right now?
For growth investors, Athene Holding Ltd.
7. 250% Fixe (ATHS) is the stronger pick with 24. 1% revenue growth year-over-year, versus 3. 4% for Reinsurance Group of America, Incorporated (RGA). Athene Holding Ltd. 7. 250% Fixe (ATHS) offers the better valuation at 1. 8x trailing P/E, making it the more compelling value choice. Analysts rate Reinsurance Group of America, Incorporated (RGA) a "Buy" — based on 22 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — ATHS or RGA?
On trailing P/E, Athene Holding Ltd.
7. 250% Fixe (ATHS) is the cheapest at 1. 8x versus Reinsurance Group of America, Incorporated at 11. 9x.
03Which is the better long-term investment — ATHS or RGA?
Over the past 5 years, Reinsurance Group of America, Incorporated (RGA) delivered a total return of +77.
5%, compared to +14. 1% for Athene Holding Ltd. 7. 250% Fixe (ATHS). Over 10 years, the gap is even starker: RGA returned +151. 9% versus ATHS's +14. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — ATHS or RGA?
By beta (market sensitivity over 5 years), Athene Holding Ltd.
7. 250% Fixe (ATHS) is the lower-risk stock at 0. 18β versus Reinsurance Group of America, Incorporated's 0. 67β — meaning RGA is approximately 283% more volatile than ATHS relative to the S&P 500.
05Which is growing faster — ATHS or RGA?
By revenue growth (latest reported year), Athene Holding Ltd.
7. 250% Fixe (ATHS) is pulling ahead at 24. 1% versus 3. 4% for Reinsurance Group of America, Incorporated (RGA). On earnings-per-share growth, the picture is similar: Reinsurance Group of America, Incorporated grew EPS 64. 9% year-over-year, compared to -21. 7% for Athene Holding Ltd. 7. 250% Fixe. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — ATHS or RGA?
Athene Holding Ltd.
7. 250% Fixe (ATHS) is the more profitable company, earning 10. 6% net margin versus 5. 2% for Reinsurance Group of America, Incorporated — meaning it keeps 10. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: RGA leads at 6. 8% versus 0. 0% for ATHS. At the gross margin level — before operating expenses — RGA leads at 25. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Which pays a better dividend — ATHS or RGA?
All stocks in this comparison pay dividends.
Athene Holding Ltd. 7. 250% Fixe (ATHS) offers the highest yield at 3. 3%, versus 1. 7% for Reinsurance Group of America, Incorporated (RGA).
08Is ATHS or RGA better for a retirement portfolio?
For long-horizon retirement investors, Athene Holding Ltd.
7. 250% Fixe (ATHS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 18), 3. 3% yield). Both have compounded well over 10 years (ATHS: +14. 1%, RGA: +151. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between ATHS and RGA?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: ATHS is a small-cap high-growth stock; RGA is a mid-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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