Great-West Lifeco (TSX:GWO) EBITDA Margin %: 23.33% (As of Mar. 2026) — 185% Above Median


TSX:GWO Great-West Lifeco Inc TSX:GWO
59 GF Score
Price C$88.41
GF Value C$52.35
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Great-West Lifeco EBITDA Margin %?

Great-West Lifeco TSX:GWO -0.33% 59 EBITDA Margin % is 23.33% as of Mar. 2026, which is 185% above its 10-year median of 8.20. GuruFocus rates TSX:GWO with a GF Score™ of 59/100 and a GF Value™ of C$52.35 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 373 Insurance companies, Great-West Lifeco ranks better than 56.84% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Great-West Lifeco's EBITDA for the three months ended in Mar. 2026 was C$1,804 Mil. Great-West Lifeco's Revenue for the three months ended in Mar. 2026 was C$7,731 Mil. Therefore, Great-West Lifeco's EBITDA margin for the quarter that ended in Mar. 2026 was 23.33%.


Great-West Lifeco  (TSX:GWO) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Great-West Lifeco EBITDA Margin % Related Terms


Great-West Lifeco EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Great-West Lifeco's EBITDA Margin % 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.

Great-West Lifeco EBITDA Margin % Chart

Great-West Lifeco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.33 -184.14 10.84 17.07 14.43

Great-West Lifeco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial 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 12.24 11.19 13.76 23.93 23.33

TSX:GWO vs AFL, MET, PRU: EBITDA Margin % Comparison

For the Insurance - Life subindustry, Great-West Lifeco's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.


Great-West Lifeco EBITDA Margin % vs Insurance Industry

For the Insurance industry and Financial Services sector, Great-West Lifeco's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Great-West Lifeco's EBITDA Margin % falls into.


TSX:GWO
59GF Score
Great-West Lifeco Inc TSX:GWO
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Great-West Lifeco EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Great-West Lifeco's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=5641/39104
=14.43 %

Great-West Lifeco's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1804/7731
=23.33 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 23.33% mean?
Great-West Lifeco (TSX:GWO) has a EBITDA Margin % of 23.33% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Great-West Lifeco and its competitors. This is 185% above median its historical median of 8.20. According to the industry distribution chart, Great-West Lifeco ranks #161 out of 373 companies in the Insurance industry, placing it in the top 43.2%.
Is Great-West Lifeco's EBITDA Margin % too high?
Great-West Lifeco's current EBITDA Margin % of 23.33% is 185% above median its 10-year median of 8.20. The Insurance industry median EBITDA Margin % is 14.81. Great-West Lifeco's value of 23.33% is 57.5% above this industry median. Based on the distribution chart, Great-West Lifeco ranks #161 out of 373 companies in the Insurance industry, which is above the industry midpoint. Overall, Great-West Lifeco has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Great-West Lifeco's EBITDA Margin % compare to AFL and MET?
According to the Insurance industry distribution chart, Great-West Lifeco ranks #161 out of 373 companies for EBITDA Margin %. This puts Great-West Lifeco in the upper half of its industry. The industry median EBITDA Margin % is 14.81. Great-West Lifeco's value of 23.33% is 57.5% above this benchmark. While the company's 10-year median is 8.20 vs. the industry median of 14.81, Great-West Lifeco has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Insurance company?
The median EBITDA Margin % among Insurance companies is 14.81, based on 373 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Great-West Lifeco's current EBITDA Margin % of 23.33% is 57.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Great-West Lifeco and its competitors. For the Insurance industry, the median EBITDA Margin % is 14.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great-West Lifeco's current EBITDA Margin % is 23.33%, which is 185% above median its own 10-year median of 8.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great-West Lifeco stock overvalued right now?
Based on GuruFocus' analysis, Great-West Lifeco (TSX:GWO) is currently considered Significantly Overvalued. The stock's GF Value™ is C$52.35, compared to a current price of C$88.41 — trading 68.9% above its estimated fair value. The current EBITDA Margin % is 23.33%, which is 185% above median its 10-year median of 8.20 and 57.5% above the Insurance industry median of 14.81. Great-West Lifeco's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Great-West Lifeco (TSX:GWO), the current EBITDA Margin % is 23.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Great-West Lifeco (TSX:GWO) Overvalued in 2026?

Based on GuruFocus' analysis, Great-West Lifeco stock appears to be overvalued. The current stock price of C$88.41 is trading 68.9% above its estimated GF Value™ of C$52.35. GuruFocus considers Great-West Lifeco to be Significantly Overvalued.

Key valuation signals for TSX:GWO:

  • EBITDA Margin %: 23.33% (185% above median its 10-year median of 8.20)
  • GF Value™: C$52.35 vs. price of C$88.41 (68.9% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 57.5% above the Insurance median (#161 of 373)

No single metric tells the full story. See the TSX:GWO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great-West Lifeco Business Description

Address 100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco is one of the Big Three Canadian life insurers. The firm's Canadian business contributed around 31% of its 2025 adjusted earnings. The firm generates a further 29% of adjusted earnings from the United States, attributable to its recordkeeping business, Empower, and its US life insurance business. Great-West Lifeco also offers various products across European markets with a strong presence in the UK and Ireland, which collectively accounted for 20% of adjusted earnings, while the firm's reinsurance business accounts for the remainder. Great-West Lifeco had around CAD 3.5 trillion of assets under administration across its business segments at the end of December 2025.
59GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$88.41
Price
C$52.35
GF Value