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Reinsurance Group of America (Reinsurance Group of America) Enterprise Value

: $13,401 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Reinsurance Group of America's Enterprise Value is $13,401 Mil. Reinsurance Group of America's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,414 Mil. Therefore, Reinsurance Group of America's EV-to-EBIT ratio for today is 9.48.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Reinsurance Group of America's Enterprise Value is $13,401 Mil. Reinsurance Group of America's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,414 Mil. Therefore, Reinsurance Group of America's EV-to-EBITDA ratio for today is 9.48.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Reinsurance Group of America's Enterprise Value is $13,401 Mil. Reinsurance Group of America's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $18,338 Mil. Therefore, Reinsurance Group of America's EV-to-Revenue ratio for today is 0.73.


Reinsurance Group of America Enterprise Value Historical Data

The historical data trend for Reinsurance Group of America's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reinsurance Group of America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,346.70 8,429.20 8,253.52 10,598.02 12,163.12

Reinsurance Group of America Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,598.02 10,084.92 11,524.91 11,283.98 12,163.12

Competitive Comparison

For the Insurance - Reinsurance subindustry, Reinsurance Group of America's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reinsurance Group of America Enterprise Value Distribution

For the Insurance industry and Financial Services sector, Reinsurance Group of America's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Reinsurance Group of America's Enterprise Value falls into.



Reinsurance Group of America Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Reinsurance Group of America's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Reinsurance Group of America's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reinsurance Group of America  (NYSE:RGA) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Reinsurance Group of America's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13401.114/1414
=9.48

Reinsurance Group of America's current Enterprise Value is $13,401 Mil.
Reinsurance Group of America's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,414 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Reinsurance Group of America's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=13401.114/1414
=9.48

Reinsurance Group of America's current Enterprise Value is $13,401 Mil.
Reinsurance Group of America's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,414 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Reinsurance Group of America's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=13401.114/18338
=0.73

Reinsurance Group of America's current Enterprise Value is $13,401 Mil.
Reinsurance Group of America's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $18,338 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reinsurance Group of America Enterprise Value Related Terms

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Reinsurance Group of America (Reinsurance Group of America) Business Description

Traded in Other Exchanges
Address
16600 Swingley Ridge Road, Chesterfield, MO, USA, 63017
Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.
Executives
Ronald Herrmann officer: EVP 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Bang Michele Mi Kyung director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
William L Hutton officer: EVP, General Counsel & Secy. C/O REINSURANCE GROUP OF AMERICA, 1370 TIMBERLAKE MANOR PKY, CHESTERFIELD MO 63017-6039
Todd C Larson officer: SVP, Controller & Treasurer
John W. Hayden officer: EVP, Controller 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Khanh T Tran director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Shundrawn A Thomas director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Stephen T O'hearn director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Keng Hooi Ng director 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Pina Albo director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Hazel Mcneilage director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Patricia Lynn Guinn director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
John J Gauthier director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
Stanley B Tulin director C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
George Iii Nichols director 601 W MARKET ST, LOUISVILLE KY 40202