Reinsurance Group of America, Incorporated (RGA) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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RGA Revenue Growth
Revenue Breakdown (FY 2024)
RGA's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
RGA Revenue Analysis (2014–2025)
As of May 8, 2026, Reinsurance Group of America, Incorporated (RGA) generated trailing twelve-month (TTM) revenue of $23.41 billion, reflecting exceptional growth of +21.9% year-over-year. The most recent quarter (Q4 2025) recorded $6.34 billion in revenue, up 1.7% sequentially.
Looking at the longer-term picture, RGA's 5-year compound annual growth rate (CAGR) stands at +9.3%, indicating steady revenue expansion. The company achieved its highest annual revenue of $22.79 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows RGA's business is primarily driven by Other Operating Segment (100%). With over half of revenue concentrated in Other Operating Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including EG (-0.5% YoY), RNR (-8.2% YoY), and TRV (+5.2% YoY), RGA has underperformed the peer group in terms of revenue growth. Compare RGA vs EG →
RGA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RGACurrent | $23.4B | +21.9% | +9.3% | 6.8% | |
 EG | $17.3B | -0.5% | +12.5% | 11.3% | |
 RNR | $12.7B | -8.2% | +19.9% | 31.5% | |
 TRV | $48.8B | +5.2% | +8.8% | 16.0% | |
 GLRE | $696M | +7.9% | +7.8% | 11.2% | |
 PLMR | $876M | +57.7% | +39.1% | 28.9% |
RGA Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $22.79B | +3.4% | $5.79B | 25.4% | $1.54B | 6.8% |
| 2024 | $22.04B | +19.9% | $2.49B | 11.3% | $980.0M | 4.4% |
| 2023 | $18.39B | +15.8% | $2.33B | 12.7% | $1.16B | 6.3% |
| 2022 | $15.88B | -1.1% | $1.57B | 9.9% | $718.0M | 4.5% |
| 2021 | $16.06B | +10.1% | $1.85B | 11.5% | $1.39B | 8.6% |
| 2020 | $14.58B | +2.7% | $1.54B | 10.6% | $553.0M | 3.8% |
| 2019 | $14.20B | +10.3% | $2.10B | 14.8% | $1.13B | 8.0% |
| 2018 | $12.88B | +2.9% | $1.81B | 14.0% | $846.0M | 6.6% |
| 2017 | $12.52B | +8.6% | $2.03B | 16.2% | $1.14B | 9.1% |
| 2016 | $11.52B | +10.6% | $1.85B | 16.1% | $1.04B | 9.1% |
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Start ComparisonRGA — Frequently Asked Questions
Quick answers to the most common questions about buying RGA stock.
Is RGA's revenue growth accelerating or slowing?
RGA revenue is accelerating at +21.9% year-over-year, exceeding the 5-year CAGR of +9.3%. TTM revenue reached $23.4B. Growth momentum has increased versus prior periods.
What is RGA's long-term revenue growth rate?
Reinsurance Group of America, Incorporated's 5-year revenue CAGR of +9.3% reflects the sustained expansion pattern. Current YoY growth of +21.9% is above this long-term average.
How is RGA's revenue distributed by segment?
RGA reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.