Reinsurance Group of America (RGA) — Cash Flow Quality Index

Latest as of March 2026: 8.71x

Reinsurance Group of America (RGA) has a Cash Flow Quality Index of 8.71x as of March 2026. Operating cash flow of $2.87 Billion exceeds net income of $330.00 Million, indicating high earnings quality where cash backs reported profits. Explore RGA long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

8.71x
Operating CF / Net Income

Operating Cash Flow

$2.87 Billion
USD

Net Income

$330.00 Million
USD

Data as of

Mar 2026
Most recent filing

Reinsurance Group of America Cash Flow Quality Index (1993–2025)

Historical Cash Flow Quality Index for Reinsurance Group of America across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Reinsurance Group of America tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Reinsurance Group of America (1993–2025)

Year-by-year earnings quality comparison for Reinsurance Group of America. For live market cap and the full company financial profile, see Reinsurance Group of America (RGA) market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 3.46x $4.09 Billion $1.18 Billion ▼ -73.5%
2024 13.07x $9.37 Billion $717.00 Million ▲ +191.5%
2023 4.48x $4.04 Billion $902.00 Million ▲ +109.3%
2022 2.14x $1.34 Billion $627.00 Million ▼ -68.4%
2021 6.78x $4.18 Billion $617.00 Million ▼ -15.3%
2020 8.00x $3.32 Billion $415.00 Million ▲ +201.9%
2019 2.65x $2.31 Billion $870.00 Million ▲ +20.1%
2018 2.21x $1.58 Billion $715.84 Million ▲ +103.0%
2017 1.09x $1.98 Billion $1.82 Billion ▼ -47.9%
2016 2.09x $1.47 Billion $701.44 Million ▼ -49.8%
2015 4.16x $2.09 Billion $502.17 Million ▲ +21.8%
2014 3.42x $2.34 Billion $684.05 Million ▼ -17.2%
2013 4.12x $1.73 Billion $418.84 Million ▲ +32.0%
2012 3.12x $1.97 Billion $631.89 Million ▲ +30.3%
2011 2.40x $1.31 Billion $546.04 Million ▼ -25.2%
2010 3.21x $1.84 Billion $574.40 Million ▼ -4.3%
2009 3.35x $1.36 Billion $407.09 Million ▼ -18.5%
2008 4.11x $726.98 Million $176.80 Million ▲ +26.2%
2007 3.26x $957.41 Million $293.83 Million ▲ +11.0%
2006 2.94x $846.23 Million $288.21 Million ▲ +9.8%
2005 2.67x $599.35 Million $224.18 Million ▼ -17.0%
2004 3.22x $714.48 Million $221.89 Million ▼ -2.5%
2003 3.30x $571.57 Million $173.14 Million ▲ +150.5%
2002 1.32x $161.85 Million $122.81 Million ▼ -82.1%
2001 7.38x $243.93 Million $33.05 Million ▲ +305.0%
2000 1.82x $192.80 Million $105.79 Million ▼ -73.2%
1999 6.80x $277.70 Million $40.86 Million ▲ +74.6%
1998 3.89x $349.15 Million $89.70 Million ▼ -51.0%
1997 7.94x $433.40 Million $54.60 Million ▲ +78.5%
1996 4.45x $257.00 Million $57.80 Million ▲ +23.0%
1995 3.62x $171.00 Million $47.30 Million ▲ +12.9%
1994 3.20x $129.40 Million $40.40 Million ▼ -4.2%
1993 3.34x $114.00 Million $34.10 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.