Swiss Re AGSSREF +2.90%67 ROE % is 17.33% as of Dec. 2025, which is 317% above its 10-year median of 4.16. GuruFocus rates SSREF with a GF Score™ of 67/100 and a GF Value™ of $134.07 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 502 Insurance companies, Swiss Re AG ranks better than 74.9% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Swiss Re AG's annualized net income for the quarter that ended in Dec. 2025 was $4,288 Mil. Swiss Re AG's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $24,742 Mil. Therefore, Swiss Re AG's annualized ROE % for the quarter that ended in Dec. 2025 was 17.33%.
The historical rank and industry rank for Swiss Re AG's ROE % or its related term are showing as below:
SSREF'
s ROE % Range Over the Past 10 Years
Min: -2.95 Med: 4.16 Max: 18.96
Current: 18.96
During the past 13 years, Swiss Re AG's highest ROE % was 18.96%. The lowest was -2.95%. And the median was 4.16%.
SSREF's ROE % is ranked better than 74.9% of 502
companies
in the Insurance industry
Industry Median: 11.73
vs SSREF: 18.96
Swiss Re AG (OTCPK:SSREF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Swiss Re AG ROE % Related Terms
Swiss Re AG ROE % Historical Data
* Premium members only.
The historical data trend for Swiss Re AG's ROE % 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.
For the Insurance - Reinsurance subindustry, Swiss Re AG's ROE %, along with its competitors' market caps and ROE % 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.
Swiss Re AG ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, Swiss Re AG's ROE % distribution charts can be found below:
* The bar in red indicates where Swiss Re AG's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Swiss Re AG (SSREF) has a ROE % of 17.33% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Swiss Re AG and its competitors. This is 317% above median its historical median of 4.16. According to the industry distribution chart, Swiss Re AG ranks #126 out of 502 companies in the Insurance industry, placing it in the top 25.1%.
Is Swiss Re AG's ROE % too high?
Swiss Re AG's current ROE % of 17.33% is 317% above median its 10-year median of 4.16. The Insurance industry median ROE % is 11.73. Swiss Re AG's value of 17.33% is 47.7% above this industry median. Based on the distribution chart, Swiss Re AG ranks #126 out of 502 companies in the Insurance industry, which is above the industry midpoint. Overall, Swiss Re AG has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swiss Re AG's ROE % compare to RGA and EG?
According to the Insurance industry distribution chart, Swiss Re AG ranks #126 out of 502 companies for ROE %. This puts Swiss Re AG in the upper half of its industry. The industry median ROE % is 11.73. Swiss Re AG's value of 17.33% is 47.7% above this benchmark. While the company's 10-year median is 4.16 vs. the industry median of 11.73, Swiss Re AG 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 ROE % for an Insurance company?
The median ROE % among Insurance companies is 11.73, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Swiss Re AG's current ROE % of 17.33% is 47.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Swiss Re AG and its competitors. For the Insurance industry, the median ROE % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiss Re AG's current ROE % is 17.33%, which is 317% above median its own 10-year median of 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiss Re AG stock overvalued right now?
Based on GuruFocus' analysis, Swiss Re AG (SSREF) is currently considered Modestly Overvalued. The stock's GF Value™ is $134.07, compared to a current price of $158.02 — trading 17.9% above its estimated fair value. The current ROE % is 17.33%, which is 317% above median its 10-year median of 4.16 and 47.7% above the Insurance industry median of 11.73. Swiss Re AG's overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Swiss Re AG (SSREF), the current ROE % is 17.33% as of Dec. 2025. 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 Swiss Re AG (SSREF) Overvalued in 2026?
Based on GuruFocus' analysis, Swiss Re AG stock appears to be overvalued.
The current stock price of $158.02 is trading 17.9% above its estimated GF Value™ of $134.07.
GuruFocus considers Swiss Re AG to be Modestly Overvalued.
Key valuation signals for SSREF:
ROE %: 17.33% (317% above median its 10-year median of 4.16)
GF Value™: $134.07 vs. price of $158.02 (17.9% above fair value)
Industry Position: 47.7% above the Insurance median (#126 of 502)
No single metric tells the full story. See the SSREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swiss Re is a reinsurer that has three core divisions: P&C reinsurance, life and health reinsurance, and corporate solutions. Swiss Re was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss Re is now the second-largest reinsurer in the world by market capitalization, with 80 offices around the world and approximately 15,000 employees. While the business did lose its way in the early part of the millennium, led by an investment banker who heavily invested in securitizations, Swiss Re has recently focused on establishing quality within its three core divisions.
67GF Score
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