Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 7.31% is 27% above its 5-year average of 5.77%, around the middle of its 5-year range (-1.92%–11.85%).
3.68% above its 12-month average of 7.05%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 9.12%.
OPERATING MARGIN
7.31%
OPERATING MARGIN AVG TTM
7.05%
OPERATING MARGIN AVG 3Y
5.95%
OPERATING MARGIN AVG 5Y
5.77%
OPERATING MARGIN AVG 10Y
6.74%
OPERATING MARGIN AVG 15Y
7.43%
OPERATING MARGIN AVG 20Y
7.60%
CURRENT VS TTM AVG
+3.68%
CURRENT VS 3Y AVG
+22.83%
CURRENT VS 5Y AVG
+26.68%
CURRENT VS 10Y AVG
+8.45%
CURRENT VS 15Y AVG
-1.66%
CURRENT VS 20Y AVG
-3.86%
SECTOR MEDIAN · FINANCIAL SERVICES
22.27%
median of 116 covered companies
CURRENT VS SECTOR MEDIAN
-67.17%
vs the sector median at left
Reinsurance Group of America, Incorporated
Market Cap
$16.34B
Operating Margin
7.31%
TTM Avg
7.05%
3Y Avg
5.95%
5Y Avg
5.77%
Market Cap
$16.90B
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$17.05B
Operating Margin
9.71%
TTM Avg
5.85%
3Y Avg
11.80%
5Y Avg
14.71%
Market Cap
$15.24B
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$14.96B
Operating Margin
7288.12%
TTM Avg
3607.09%
3Y Avg
1609.86%
5Y Avg
1073.24%
Market Cap
$14.57B
Operating Margin
15.38%
TTM Avg
10.02%
3Y Avg
9.96%
5Y Avg
9.93%
Market Cap
$14.26B
Operating Margin
63.93%
TTM Avg
55.17%
3Y Avg
51.81%
5Y Avg
49.39%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Reinsurance Group of America, Incorporated (RGA) | $16.34B | 7.31% | 7.05% | 5.95% | 5.77% |
| WisdomTree U.S. Quality Dividend Growth Fund (DGRW)vs › | $16.90B | N/A | N/A | N/A | N/A |
| Franklin Resources, Inc. (BEN)vs › | $17.05B | 9.71% | 5.85% | 11.80% | 14.71% |
| iShares Expanded Tech-Software Sector ETF (IGV)vs › | $15.24B | N/A | N/A | N/A | N/A |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $14.96B | 7288.12% | 3607.09% | 1609.86% | 1073.24% |
| Everest Group, Ltd. (EG)vs › | $14.57B | 15.38% | 10.02% | 9.96% | 9.93% |
| Futu Holdings Limited (FUTU)vs › | $14.26B | 63.93% | 55.17% | 51.81% | 49.39% |
| Invesco Ltd. (IVZ)vs › | $13.59B | -7.10% | 1.41% | 4.25% | 9.65% |
| Assurant, Inc. (AIZ)vs › | $13.25B | 9.86% | 8.15% | 6.74% | 6.76% |
| Global Payments Inc. (GPN)vs › | $19.46B | 11.85% | 20.86% | 21.67% | 20.60% |
Operating Margin
7.3%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 9.12% |
| 2026-03-31 | 6.81% |
| 2025-12-31 | 8.05% |
| 2025-09-30 | 5.14% |
| 2025-06-30 | 6.14% |
| 2025-03-31 | 6.98% |
| 2024-12-31 | 4.33% |
| 2024-09-30 | 3.82% |
| 2024-06-30 | 5.52% |
| 2024-03-31 | 4.27% |
| 2023-12-31 | 3.33% |
| 2023-09-30 | 7.46% |
| 2023-06-30 | 6.41% |
| 2023-03-31 | 8.28% |
| 2022-12-31 | 6.30% |
| 2022-09-30 | -1.92% |
| 2022-06-30 | 3.84% |
| 2022-03-31 | 7.12% |
| 2021-12-31 | 1.52% |
| 2021-09-30 | -0.87% |
| 2021-06-30 | 11.85% |
| 2021-03-31 | 4.70% |
| 2020-12-31 | 4.15% |
| 2020-09-30 | 7.82% |
| 2020-06-30 | 5.39% |
| 2020-03-31 | -2.95% |
| 2019-12-31 | 8.14% |
| 2019-09-30 | 9.53% |
| 2019-06-30 | 7.49% |
| 2019-03-31 | 6.32% |
| 2018-12-31 | 4.21% |
| 2018-09-30 | 10.00% |
| 2018-06-30 | 7.74% |
| 2018-03-31 | 4.35% |
| 2017-12-31 | 7.90% |
| 2017-09-30 | 10.81% |
| 2017-06-30 | 10.84% |
| 2017-03-31 | 6.91% |
| 2016-12-31 | 9.63% |
| 2016-09-30 | 9.92% |
| 2016-06-30 | 11.62% |
| 2016-03-31 | 4.28% |
| 2015-12-31 | 7.31% |
| 2015-09-30 | 5.75% |
| 2015-06-30 | 8.13% |
| 2015-03-31 | 7.30% |
| 2014-12-31 | 10.26% |
| 2014-09-30 | 8.53% |
| 2014-06-30 | 10.61% |
| 2014-03-31 | 7.51% |
| 2013-12-31 | 8.39% |
| 2013-09-30 | 8.44% |
| 2013-06-30 | -2.89% |
| 2013-03-31 | 10.72% |
| 2012-12-31 | 11.79% |
| 2012-09-30 | 8.23% |
| 2012-06-30 | 9.09% |
| 2012-03-31 | 7.88% |
| 2011-12-31 | 9.39% |
| 2011-09-30 | 7.84% |
| 2011-06-30 | 8.49% |
| 2011-03-31 | 9.93% |
| 2010-12-31 | 12.10% |
| 2010-09-30 | 10.08% |
| 2010-06-30 | 10.25% |
| 2010-03-31 | 9.20% |
| 2009-12-31 | 8.24% |
| 2009-09-30 | 10.26% |
| 2009-06-30 | 11.88% |
| 2009-03-31 | 2.23% |
| 2008-12-31 | 1.48% |
| 2008-09-30 | 2.48% |
| 2008-06-30 | 10.41% |
| 2008-03-31 | 4.17% |
| 2007-12-31 | 7.37% |
| 2007-09-30 | 8.83% |
| 2007-06-30 | 8.31% |
| 2007-03-31 | 8.80% |
| 2006-12-31 | 8.72% |
| 2006-09-30 | 9.17% |
| 2006-06-30 | 7.84% |
| 2006-03-31 | 9.02% |
| 2005-12-31 | 8.85% |
| 2005-09-30 | 9.80% |
| 2005-06-30 | 2.99% |
| 2005-03-31 | 9.17% |
| 2004-12-31 | 7.11% |
| 2004-09-30 | 9.29% |
| 2004-06-30 | 10.79% |
| 2004-03-31 | 9.68% |
| 2003-12-31 | 8.39% |
| 2003-09-30 | 8.84% |
| 2003-06-30 | 9.38% |
| 2003-03-31 | 7.63% |
| 2002-12-31 | 6.96% |
| 2002-09-30 | 9.82% |
