Great-West Lifeco Inc
Great-West Lifeco Inc. engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement savings, income and annuity products, and other… Read more
Great-West Lifeco Inc (GWLIF) - Net Assets
Latest net assets as of September 2025: $31.76 Billion USD
Based on the latest financial reports, Great-West Lifeco Inc (GWLIF) has net assets worth $31.76 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($859.89 Billion) and total liabilities ($828.13 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $31.76 Billion |
| % of Total Assets | 3.69% |
| Annual Growth Rate | 0.56% |
| 5-Year Change | 20.87% |
| 10-Year Change | 29.27% |
| Growth Volatility | 155.67 |
Great-West Lifeco Inc - Net Assets Trend (1996–2024)
This chart illustrates how Great-West Lifeco Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Great-West Lifeco Inc (1996–2024)
The table below shows the annual net assets of Great-West Lifeco Inc from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $32.65 Billion | +9.39% |
| 2023-12-31 | $29.85 Billion | -7.63% |
| 2022-12-31 | $32.32 Billion | +6.02% |
| 2021-12-31 | $30.48 Billion | +12.84% |
| 2020-12-31 | $27.02 Billion | +5.76% |
| 2019-12-31 | $25.54 Billion | -6.77% |
| 2018-12-31 | $27.40 Billion | +7.29% |
| 2017-12-31 | $25.54 Billion | +2.11% |
| 2016-12-31 | $25.01 Billion | -1.00% |
| 2015-12-31 | $25.26 Billion | +15.36% |
| 2014-12-31 | $21.90 Billion | +9.49% |
| 2013-12-31 | $20.00 Billion | +13.72% |
| 2012-12-31 | $17.59 Billion | +9.20% |
| 2011-12-31 | $16.10 Billion | +19.01% |
| 2010-12-31 | $13.53 Billion | -11.98% |
| 2009-12-31 | $15.37 Billion | -1.20% |
| 2008-12-31 | $15.56 Billion | +16.73% |
| 2007-12-31 | $13.33 Billion | -0.23% |
| 2006-12-31 | $13.36 Billion | +15.22% |
| 2005-12-31 | $11.60 Billion | -4.15% |
| 2004-12-31 | $12.10 Billion | +9.90% |
| 2003-12-31 | $11.01 Billion | +62.86% |
| 2002-12-31 | $6.76 Billion | +6.49% |
| 2001-12-31 | $6.35 Billion | -88.40% |
| 2000-12-31 | $54.72 Billion | +824.67% |
| 1999-12-31 | $5.92 Billion | +5.10% |
| 1998-12-31 | $5.63 Billion | -89.02% |
| 1997-12-31 | $51.27 Billion | +83.81% |
| 1996-12-31 | $27.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Great-West Lifeco Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1743.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $17.27 Billion | 58.45% |
| Common Stock | $6.07 Billion | 20.55% |
| Other Comprehensive Income | $1.78 Billion | 6.01% |
| Other Components | $4.43 Billion | 14.99% |
| Total Equity | $29.54 Billion | 100.00% |
Great-West Lifeco Inc Competitors by Market Cap
The table below lists competitors of Great-West Lifeco Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Poly Real Estate Group Co Ltd
SHG:600048
|
$10.51 Billion |
|
Tempur Sealy International Inc
NYSE:TPX
|
$10.51 Billion |
|
Aramark Holdings
NYSE:ARMK
|
$10.51 Billion |
|
The Sage Group plc
PINK:SGPYY
|
$10.52 Billion |
|
Sinopac Financial Holdings Co Ltd
TW:2890
|
$10.49 Billion |
|
Ambev S.A.
SA:ABEV3
|
$10.48 Billion |
|
KC40
F:KC40
|
$10.47 Billion |
|
SHAND.GOLD MNG LTD H HD 1
F:188H
|
$10.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Great-West Lifeco Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,836,000,000 to 29,541,000,000, a change of 2,705,000,000 (10.1%).
- Net income of 4,070,000,000 contributed positively to equity growth.
- Dividend payments of 2,199,000,000 reduced retained earnings.
- Share repurchases of 114,000,000 reduced equity.
- New share issuances of 88,000,000 increased equity.
- Other comprehensive income increased equity by 886,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.07 Billion | +13.78% |
| Dividends Paid | $2.20 Billion | -7.44% |
| Share Repurchases | $114.00 Million | -0.39% |
| Share Issuances | $88.00 Million | +0.3% |
| Other Comprehensive Income | $886.00 Million | +3.0% |
| Other Changes | $-26.00 Million | -0.09% |
| Total Change | $- | 10.08% |
Book Value vs Market Value Analysis
This analysis compares Great-West Lifeco Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.39x to 1.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $3.20 | $39.59 | x |
| 1997-12-31 | $4.91 | $39.59 | x |
| 1998-12-31 | $4.74 | $39.59 | x |
| 1999-12-31 | $5.05 | $39.59 | x |
| 2000-12-31 | $5.44 | $39.59 | x |
| 2001-12-31 | $5.83 | $39.59 | x |
| 2002-12-31 | $6.32 | $39.59 | x |
| 2003-12-31 | $10.50 | $39.59 | x |
| 2004-12-31 | $10.47 | $39.59 | x |
| 2005-12-31 | $10.56 | $39.59 | x |
| 2006-12-31 | $12.38 | $39.59 | x |
| 2007-12-31 | $12.13 | $39.59 | x |
| 2008-12-31 | $14.72 | $39.59 | x |
| 2009-12-31 | $13.74 | $39.59 | x |
| 2010-12-31 | $14.01 | $39.59 | x |
| 2011-12-31 | $14.42 | $39.59 | x |
| 2012-12-31 | $15.69 | $39.59 | x |
| 2013-12-31 | $17.79 | $39.59 | x |
| 2014-12-31 | $19.26 | $39.59 | x |
| 2015-12-31 | $22.50 | $39.59 | x |
| 2016-12-31 | $22.19 | $39.59 | x |
| 2017-12-31 | $22.81 | $39.59 | x |
| 2018-12-31 | $24.79 | $39.59 | x |
| 2019-12-31 | $23.96 | $39.59 | x |
| 2020-12-31 | $25.90 | $39.59 | x |
| 2021-12-31 | $29.23 | $39.59 | x |
| 2022-12-31 | $31.12 | $39.59 | x |
| 2023-12-31 | $28.75 | $39.59 | x |
| 2024-12-31 | $31.60 | $39.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Great-West Lifeco Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.78%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.72%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 27.15x
- Recent ROE (13.78%) is below the historical average (13.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 14.50% | 4.92% | 0.21x | 14.04x | $89.83 Million |
| 1997 | 7.91% | 3.34% | 0.14x | 16.47x | $-66.20 Million |
| 1998 | 13.33% | 3.44% | 0.25x | 15.42x | $118.20 Million |
| 1999 | 15.02% | 4.27% | 0.25x | 14.06x | $190.10 Million |
| 2000 | 16.12% | 4.42% | 0.27x | 13.33x | $255.80 Million |
| 2001 | 12.42% | 3.40% | 0.27x | 13.45x | $106.30 Million |
| 2002 | 20.43% | 5.78% | 0.28x | 12.76x | $491.20 Million |
| 2003 | 14.39% | 9.20% | 0.14x | 11.34x | $377.00 Million |
| 2004 | 17.61% | 7.64% | 0.23x | 10.17x | $717.50 Million |
| 2005 | 18.71% | 7.44% | 0.23x | 10.77x | $826.10 Million |
| 2006 | 17.34% | 7.05% | 0.23x | 10.84x | $815.60 Million |
| 2007 | 19.35% | 8.14% | 0.22x | 10.85x | $1.02 Billion |
| 2008 | 10.98% | 4.28% | 0.26x | 9.83x | $130.20 Million |
| 2009 | 13.07% | 5.56% | 0.24x | 9.87x | $398.70 Million |
| 2010 | 12.68% | 5.65% | 0.23x | 9.80x | $359.00 Million |
| 2011 | 15.27% | 7.08% | 0.13x | 17.21x | $730.60 Million |
| 2012 | 12.74% | 6.28% | 0.12x | 16.83x | $413.40 Million |
| 2013 | 13.65% | 9.11% | 0.08x | 18.48x | $644.30 Million |
| 2014 | 13.86% | 6.81% | 0.11x | 18.53x | $742.60 Million |
| 2015 | 12.86% | 8.54% | 0.08x | 17.81x | $642.60 Million |
| 2016 | 12.56% | 5.96% | 0.12x | 18.18x | $563.80 Million |
| 2017 | 10.08% | 4.83% | 0.11x | 18.58x | $17.90 Million |
| 2018 | 12.62% | 7.03% | 0.10x | 17.44x | $641.70 Million |
| 2019 | 10.99% | 5.57% | 0.10x | 19.90x | $224.30 Million |
| 2020 | 12.80% | 5.08% | 0.10x | 24.99x | $673.20 Million |
| 2021 | 11.99% | 5.06% | 0.10x | 23.17x | $540.40 Million |
| 2022 | 12.84% | 0.00% | 0.00x | 24.18x | $825.00 Million |
| 2023 | 10.69% | 7.81% | 0.05x | 26.58x | $184.40 Million |
| 2024 | 13.78% | 11.72% | 0.04x | 27.15x | $1.12 Billion |
Industry Comparison
This section compares Great-West Lifeco Inc's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $52,810,304,913
- Average return on equity (ROE) among peers: 25.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Great-West Lifeco Inc (GWLIF) | $31.76 Billion | 14.50% | 26.07x | $10.50 Billion |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $10.89 Million |
| Abacus Life Inc. (ABL) | $766.89K | 130.06% | 1.40x | $276.35 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| Citizens Inc (CIA) | $28.30 Million | 19.53% | 3.74x | $217.00 Million |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |