Reinsurance Group of America (FRA:RGPB) Pretax Margin %: 6.81% (As of Mar. 2026) — Near Median


FRA:RGPB Reinsurance Group of America Inc FRA:RGPB
83 GF Score
Price €191.00
GF Value €205.55
! 4 Warning Signs
View Full Analysis

What is Reinsurance Group of America Pretax Margin %?

Reinsurance Group of America FRA:RGPB +2.25% 83 Pretax Margin % is 6.81% as of Mar. 2026, which is 4% above its 10-year median of 6.54. GuruFocus rates FRA:RGPB with a GF Score™ of 83/100 and a GF Value™ of €205.55. The stock has 4 warning signs investors should review. Among 503 Insurance companies, Reinsurance Group of America ranks worse than 71.77% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Reinsurance Group of America's Pre-Tax Income for the three months ended in Mar. 2026 was €381 Mil. Reinsurance Group of America's Revenue for the three months ended in Mar. 2026 was €5,602 Mil. Therefore, Reinsurance Group of America's pretax margin for the quarter that ended in Mar. 2026 was 6.81%.

The historical rank and industry rank for Reinsurance Group of America's Pretax Margin % or its related term are showing as below:

FRA:RGPB' s Pretax Margin % Range Over the Past 10 Years
Min: 3.79   Med: 6.54   Max: 9.13
Current: 6.48


FRA:RGPB's Pretax Margin % is ranked worse than
71.77% of 503 companies
in the Insurance industry
Industry Median: 12 vs FRA:RGPB: 6.48

Reinsurance Group of America  (FRA:RGPB) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Reinsurance Group of America Pretax Margin % Related Terms


Reinsurance Group of America Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Reinsurance Group of America's Pretax 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.

Reinsurance Group of America Pretax Margin % Chart

Reinsurance Group of America Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.62 4.52 6.31 4.45 6.50

Reinsurance Group of America Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax 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 6.98 6.14 5.14 7.72 6.81

FRA:RGPB vs EG, RNR, HG: Pretax Margin % Comparison

For the Insurance - Reinsurance subindustry, Reinsurance Group of America's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Reinsurance Group of America Pretax Margin % vs Insurance Industry

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

* The bar in red indicates where Reinsurance Group of America's Pretax Margin % falls into.


FRA:RGPB
83GF Score
Reinsurance Group of America Inc FRA:RGPB
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reinsurance Group of America Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Reinsurance Group of America's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1315.16/20225.282
=6.50 %

Reinsurance Group of America's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=381.465/5601.74
=6.81 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 6.81% mean?
Reinsurance Group of America (FRA:RGPB) has a Pretax Margin % of 6.81% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Reinsurance Group of America and its competitors. This is near median its historical median of 6.54. Over the past decade, Reinsurance Group of America's Pretax Margin % has ranged from 3.79 to 9.13. According to the industry distribution chart, Reinsurance Group of America ranks #361 out of 503 companies in the Insurance industry, placing it in the top 71.8%.
Is Reinsurance Group of America's Pretax Margin % too high?
Reinsurance Group of America's current Pretax Margin % of 6.81% is near median its 10-year median of 6.54. Over the past 10 years, this metric has ranged from a low of 3.79 to a high of 9.13. The Insurance industry median Pretax Margin % is 12.00. Reinsurance Group of America's value of 6.81% is 43.3% below this industry median. Based on the distribution chart, Reinsurance Group of America ranks #361 out of 503 companies in the Insurance industry, which is below the industry midpoint. Overall, Reinsurance Group of America has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Reinsurance Group of America's Pretax Margin % compare to EG and RNR?
According to the Insurance industry distribution chart, Reinsurance Group of America ranks #361 out of 503 companies for Pretax Margin %. This places Reinsurance Group of America in the lower half of its industry. The industry median Pretax Margin % is 12.00. Reinsurance Group of America's value of 6.81% is 43.3% below this benchmark. Historically, Reinsurance Group of America's own Pretax Margin % has ranged from 3.79 to 9.13 over the past decade. While the company's 10-year median is 6.54 vs. the industry median of 12.00, Reinsurance Group of America has consistently been below 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 Pretax Margin % for an Insurance company?
The median Pretax Margin % among Insurance companies is 12.00, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reinsurance Group of America's current Pretax Margin % of 6.81% is 43.3% below 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Reinsurance Group of America and its competitors. For the Insurance industry, the median Pretax Margin % is 12.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reinsurance Group of America's current Pretax Margin % is 6.81%, which is near median its own 10-year median of 6.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reinsurance Group of America stock overvalued right now?
Reinsurance Group of America (FRA:RGPB) has a current Pretax Margin % of 6.81%. The stock's GF Value™ is €205.55, compared to a current price of €191.00 — trading 7.1% below its estimated fair value. The current Pretax Margin % is 6.81%, which is near median its 10-year median of 6.54 and 43.3% below the Insurance industry median of 12.00. Reinsurance Group of America's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Reinsurance Group of America (FRA:RGPB), the current Pretax Margin % is 6.81% 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 Reinsurance Group of America (FRA:RGPB) Overvalued in 2026?

Based on GuruFocus' analysis, Reinsurance Group of America stock appears to be undervalued. The current stock price of €191.00 is trading 7.1% below its estimated GF Value™ of €205.55.

Key valuation signals for FRA:RGPB:

  • Pretax Margin %: 6.81% (near median its 10-year median of 6.54)
  • GF Value™: €205.55 vs. price of €191.00 (7.1% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 43.3% below the Insurance median (#361 of 503)

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


Reinsurance Group of America Business Description

Other Exchanges RGA:USA
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.
83GF Score

Get the complete analysis for FRA:RGPB

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

€191.00
Price
€205.55
GF Value