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Reinsurance Group Of America Incorporated (RGA) |
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RGA's Operating Income Growth by Quarter and Year
Reinsurance Group Of America Incorporated's Operating Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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RGA Operating Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
953.00
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970.00
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718.00
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787.00
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III Quarter |
September |
1,074.00
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666.00
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239.00
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543.00
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II Quarter |
June |
603.00
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541.00
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767.00
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429.00
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I Quarter |
March |
654.00
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209.00
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448.00
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146.00
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FY |
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3,284.00
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2,386.00
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2,172.00
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1,905.00
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RGA Operating Income fourth quarter 2023 Y/Y Growth Comment |
Reinsurance Group Of America Incorporated reported decrease in Operating Income in the fourth quarter 2023 by -1.75% to $ 953.00 millions, from the same quarter in 2022. The decrease in the fourth quarter 2023 Reinsurance Group Of America Incorporated's Operating Income compares unfavorably to the Company's average Operating Income growth of 8.21%.
Looking into fourth quarter 2023 results within Life Insurance industry 3 other companies have achieved higher Operating Income growth. While Reinsurance Group Of America Incorporated' s Operating Income decline of -1.75% ranks overall at the positon no. 522 in the fourth quarter 2023.
Explain Operating Income growth
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RGA Operating Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-1.75 % |
35.1 % |
-8.77 % |
-12.73 % |
III Quarter |
September |
61.26 % |
178.66 % |
-55.99 % |
-10.91 % |
II Quarter |
June |
11.46 % |
-29.47 % |
78.79 % |
-19.66 % |
I Quarter |
March |
212.92 % |
-53.35 % |
206.85 % |
-68.71 % |
FY |
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37.64 % |
9.85 % |
14.02 % |
-24.16 % |
RGA Operating Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-11.27 % |
45.65 % |
200.42 % |
44.94 % |
III Quarter |
September |
78.11 % |
23.11 % |
-68.84 % |
26.57 % |
II Quarter |
June |
-7.8 % |
158.85 % |
71.21 % |
193.84 % |
I Quarter |
March |
-32.58 % |
-70.89 % |
-43.07 % |
-83.81 % |
FY (Year on Year) |
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37.64 % |
9.85 % |
14.02 % |
-24.16 % |
Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
69.48 % |
8.21 % |
-32.93 % |
(Jun 30 2023) |
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(Jun 30 2022) |
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Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
69.48 % |
8.21 % |
-32.93 % |
(Jun 30 2023) |
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(Jun 30 2022) |
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Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Reinsurance Group Of America Incorporated's Q/Q Operating Income Growth
Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
387.09 % |
33.36 % |
-83.81 % |
(Sep 30 2013) |
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RGA's IV. Quarter Q/Q Operating Income Comment |
In the IV. Quarter 2023 Reinsurance Group Of America Incorporated realized drop in Operating Income from the previous quarter by -11.27% to $ 953.00 millions, from $ 1,074.00 millions released in the previous quarter.
Some seasonal factors which normally fuel IV. Quarter 2023 results, were not able to rescue the IV. Quarter for the Reinsurance Group Of America Incorporated, Anna Svensson, market contributor allocated in Goteborg pointed out and mentioned that average sequential Operating Income growth is at 33.36% for the Life Insurance's company.
Within Life Insurance industry 5 other companies have achieved higher Operating Income quarter on quarter growth. While Reinsurance Group Of America Incorporated's Operating Income growth quarter on quarter, overall rank is 801. |
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Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
387.09 % |
33.36 % |
-83.81 % |
(Sep 30 2013) |
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RGA's IV. Quarter Q/Q Operating Income Comment |
In the IV. Quarter 2023 Reinsurance Group Of America Incorporated reported drop in Operating Income from the third quarter by -11.27% to $ 953.00 millions, from $ 1,074.00 millions achived in the previous quarter.
Some seasonal factors which commonly elevate IV. Quarter 2023 results, were not able to salvage the IV. Quarter for the Reinsurance Group Of America Incorporated, Anna Svensson, market contributor allocated in Goteborg pointed out, she voiced certan caution conserning RGA's perspective, she sees new difficulties onward for Reinsurance Group Of America Incorporated and continued that average quarter on quarter Operating Income growth is at 33.36% for Reinsurance Group Of America Incorporated.
Within Life Insurance industry 5 other companies have achieved higher Operating Income quarter on quarter growth. While Reinsurance Group Of America Incorporated's Operating Income growth quarter on quarter, overall rank is 801. |
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Reinsurance Group Of America Incorporated's 12 Months Operating Income Growth Year on Year
Operating Income TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Operating Income 12 Months Ending |
$ 3,284.00 |
$ 3,301.00 |
$ 2,893.00 |
$ 2,831.00 |
$ 2,386.00 |
Y / Y Operating Income Growth (TTM) |
37.64 % |
54.69 % |
69.48 % |
46.46 % |
9.85 % |
Year on Year Operating Income Growth Overall
Ranking |
# 553 |
# 1160 |
# 1619 |
# 860 |
# 722 |
Seqeuential Operating Income Change (TTM) |
-0.51 % |
14.1 % |
2.19 % |
18.65 % |
11.81 % |
Seq. Operating Income Growth (TTM) Overall
Ranking |
# 522 |
# 580 |
# 1337 |
# 833 |
# 1411 |
Cumulative Operating Income growth
Comment |
Assuming the Reinsurance Group Of America Incorporated's fiscal year would have ended in Dec 31 2023, Reinsurance Group Of America Incorporated would have reprted above average annual Operating Income rise of 37.64% year on year, of $ 3,284 millions. This marks a slow-down of the companys growth trends and from the 54.69% increase in Sep 30 2023.
In the Financial sector 132 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 553, from total ranking in previous quarter at 1160. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
69.48 % |
8.21 % |
-32.93 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
69.48 % |
8.21 % |
-32.93 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 4 |
Sector |
# 125 |
S&P 500 |
# 522 |
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Cumulative Operating Income growth
Comment |
Assuming the Reinsurance Group Of America Incorporated's fiscal year would have ended in Dec 31 2023, Reinsurance Group Of America Incorporated would have reprted above average annual Operating Income rise of 37.64% year on year, of $ 3,284 millions. This marks a slow-down of the companys growth trends and from the 54.69% increase in Sep 30 2023.
In the Financial sector 132 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 553, from total ranking in previous quarter at 1160. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
69.48 % |
8.21 % |
-32.93 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
69.48 % |
8.21 % |
-32.93 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 4 |
Sector |
# 125 |
S&P 500 |
# 522 |
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