Reinsurance Group of America, Incorporated (RZB) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 164.06B | 156.59B | 152B | 133.48B | 128.21B | 118.67B | 120.26B | 109.89B | 100.73B | 97.62B | 84.6B | 86.38B | 89.12B | 82.24B | 80.25B | 82.05B | 87.17B | 89.59B | 88.86B | 87.85B |
| Asset Growth % | 27.97% | 31.95% | 26.4% | 21.47% | 27.27% | 21.56% | 42.14% | 27.22% | 13.03% | 18.7% | 5.43% | 5.27% | 2.24% | -8.2% | -9.69% | -6.6% | 2.78% | 5.83% | 8.2% | 8.82% |
| Total Investment Assets | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Long-Term Investments | 0 | 130.48B | 127.6B | 109.9B | 21.07B | 20.42B | 20.09B | 1.01B | 994M | 7.76B | 998M | 990M | 74.02B | 8.6B | 2.2B | 2.07B | 1.94B | 9.21B | 1.93B | 1.61B |
| Short-Term Investments | 107.33B | 0 | 99.57B | 86.04B | 84.51B | 77.62B | 78.15B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 112.32B | 8.64B | 104.2B | 91.46B | 89.66B | 80.94B | 83.34B | 4.6B | 11.72B | 2.97B | 8.61B | 8.73B | 3.29B | 7.95B | 8.66B | 7.69B | 8B | 8.11B | 8.05B | 8.21B |
| Cash & Equivalents | 4.99B | 4.17B | 4.63B | 5.42B | 5.15B | 3.33B | 5.2B | 4.6B | 5.93B | 2.97B | 2.82B | 2.6B | 3.29B | 2.93B | 3.51B | 2.56B | 2.71B | 2.95B | 3.03B | 3.25B |
| Receivables | 0 | 4.47B | 4.04B | 4.2B | 0 | 0 | 3.74B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | -4.04B | -4.2B | 0 | 0 | -3.74B | 0 | 5.79B | 0 | 0 | 0 | 0 | 7.95B | 0 | 0 | 0 | 8.11B | 0 | 0 |
| Goodwill & Intangibles | 0 | 6.08B | 5.95B | 5.82B | 5.65B | 8M | 5.48B | 4.72B | 4.67B | 4.77B | 4.29B | 4.29B | 4.26B | 4.29B | 3.89B | 3.86B | 3.8B | 3.88B | 3.69B | 3.62B |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7M | 0 | 0 |
| Intangible Assets | 0 | 6.08B | 5.95B | 5.82B | 5.65B | 8M | 5.48B | 4.72B | 4.67B | 4.77B | 4.29B | 4.29B | 4.26B | 4.29B | 3.89B | 3.86B | 3.8B | 3.88B | 3.69B | 3.62B |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 79.46B | -20.58B | 416M | 62.84B | 64.78B | 0 | 272M | 58.95B | 61.72B | 65.91B | 284M | 67.53B | 66.53B |
| Other Assets | 0 | 11.39B | 9.79B | 8.14B | -5.65B | -8M | -25.56B | 18.24B | 102.03B | 68.3B | 6.27B | 6.17B | 81.57B | 60.4B | 5.88B | 5.65B | 5.67B | 4.93B | 5.25B | 5.17B |
| Total Liabilities | 150.68B | 143.04B | 138.94B | 121.34B | 116.72B | 107.77B | 109.04B | 100.06B | 91.18B | 88.45B | 76.45B | 78.48B | 81.4B | 78.01B | 76.51B | 76.12B | 77.89B | 76.58B | 75.98B | 74.41B |
| Total Debt | 6.11B | 5.71B | 5.73B | 5.73B | 5.73B | 5.04B | 5.07B | 5.07B | 4.43B | 4.42B | 4.45B | 4.85B | 4.46B | 3.96B | 4.21B | 3.82B | 3.83B | 3.85B | 3.49B | 3.5B |
| Net Debt | 1.11B | 1.54B | 1.11B | 318M | 583M | 1.72B | -128M | 471M | -1.51B | 1.45B | 1.63B | 2.25B | 1.16B | 1.03B | 695M | 1.26B | 1.12B | 899M | 460M | 242M |
| Long-Term Debt | 6.11B | 5.71B | 5.73B | 5.73B | 5.73B | 5.04B | 5.07B | 5.07B | 4.43B | 4.42B | 4.45B | 4.85B | 4.46B | 3.96B | 4.21B | 3.82B | 3.83B | 3.85B | 3.49B | 3.5B |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 3.18B | 0 | 0 | 0 | 0 | 0 | 0 | -4.21B | 0 | 0 | -2.07B | -1.81B | 0 | -1.71B | -1.55B | -1.98B | -2.01B | -1.97B | -2.04B | -562M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 955M | 0 | 0 | 1.1B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 736M | 686M | 1.06B | 0 | 2.89B | 0 | 0 |
| Other Current Liabilities | 3.18B | 0 | 0 | 0 | 0 | 0 | -955M | -4.21B | 0 | -1.1B | -750M | -858M | 0 | -1.49B | -1.59B | -1.64B | -582M | -3.5B | -543M | -531M |
| Deferred Taxes | 0 | 3B | 2.59B | 2.45B | 0 | 0 | 2.06B | 0 | 0 | 0 | 1.6B | 1.42B | 0 | 736M | 686M | 1.06B | 1.84B | 2.89B | 2.41B | 2.7B |
| Other Liabilities | 141.39B | 134.33B | 130.61B | 113.15B | 110.98B | 102.73B | 101.92B | 95B | 92.02B | 84.03B | 72.47B | 74.01B | 76.95B | 73.04B | 73.16B | 73.22B | 74.23B | 71.81B | 72.13B | 68.77B |
| Total Equity | 13.38B | 13.55B | 13.07B | 12.14B | 11.49B | 10.91B | 11.22B | 9.82B | 9.56B | 9.17B | 8.15B | 7.89B | 7.72B | 4.24B | 3.74B | 5.93B | 9.27B | 13.01B | 12.88B | 13.44B |
| Equity Growth % | 16.46% | 24.25% | 16.5% | 23.59% | 20.23% | 18.92% | 37.58% | 24.45% | 23.87% | 116.55% | 117.82% | 33.16% | -16.78% | -67.46% | -70.95% | -55.9% | -23.31% | -9.32% | -2.49% | 7.1% |
| Shareholders Equity | 13.29B | 13.46B | 12.98B | 12.05B | 11.4B | 10.82B | 11.13B | 9.73B | 9.47B | 9.08B | 8.06B | 7.8B | 7.63B | 4.14B | 3.65B | 5.84B | 9.18B | 13.01B | 12.88B | 13.44B |
| Minority Interest | 90M | 90M | 90M | 90M | 90M | 90M | 90M | 90M | 90M | 90M | 90M | 90M | 90M | 90M | 90M | 90M | 90M | 0 | 0 | 0 |
| Retained Earnings | 10.38B | 10.15B | 9.76B | 9.56B | 9.44B | 9.26B | 9.17B | 9.08B | 8.93B | 8.8B | 8.71B | 8.48B | 8.34B | 8.97B | 8.82B | 8.59B | 8.45B | 8.56B | 8.46B | 8.53B |
| Common Stock | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| Accumulated OCI | 2.31B | -4.69B | 2.55B | 1.75B | 1.24B | 849M | 1.27B | -20M | -125M | -369M | -1.33B | -1.4B | -1.46B | -5.61B | -5.96B | -3.56B | -55M | 3.64B | 3.58B | 4.04B |
| Return on Equity (ROE) | 0% | 3.48% | 2.01% | 1.52% | 2.55% | 0% | 1.48% | 2.09% | 2.24% | 1.82% | 3.58% | 2.63% | 4.22% | 5.11% | -1.57% | 2.61% | -0.57% | 1.2% | -0.17% | 2.69% |
| Return on Assets (ROA) | 0% | 0.3% | 0.18% | 0.14% | 0.23% | 0% | 0.14% | 0.19% | 0.21% | 0.17% | 0.34% | 0.23% | 0.29% | 0.25% | -0.09% | 0.23% | -0.07% | 0.17% | -0.02% | 0.4% |
| Equity / Assets | 8.16% | 8.65% | 8.6% | 9.1% | 8.96% | 9.19% | 9.33% | 8.94% | 9.49% | 9.39% | 9.64% | 9.14% | 8.66% | 5.15% | 4.66% | 7.23% | 10.64% | 14.53% | 14.5% | 15.3% |
| Debt / Equity | 0.46x | 0.42x | 0.44x | 0.47x | 0.50x | 0.46x | 0.45x | 0.52x | 0.46x | 0.48x | 0.55x | 0.61x | 0.58x | 0.94x | 1.12x | 0.64x | 0.41x | 0.30x | 0.27x | 0.26x |
| Book Value per Share | - | 202.25 | 195.04 | 181.24 | 171.52 | 162.82 | 167.42 | 146.64 | 142.66 | 137.45 | 121.69 | 116.10 | 113.47 | 62.47 | 55.04 | 87.19 | 138.39 | 191.58 | 189.49 | 194.84 |
| Tangible BV per Share | - | 111.52 | 106.18 | 94.33 | 87.21 | 162.70 | 85.67 | 76.19 | 72.91 | 65.95 | 57.67 | 53.07 | 50.87 | -0.84 | -2.12 | 30.49 | 81.72 | 134.42 | 135.26 | 142.35 |