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Side-by-side financial comparison of BARRICK MINING CORP (B) and REINSURANCE GROUP OF AMERICA INC (RGA). Click either name above to swap in a different company.

REINSURANCE GROUP OF AMERICA INC is the larger business by last-quarter revenue ($6.6B vs $3.7B, roughly 1.8× BARRICK MINING CORP). BARRICK MINING CORP runs the higher net margin — 34.1% vs 7.0%, a 27.1% gap on every dollar of revenue. On growth, REINSURANCE GROUP OF AMERICA INC posted the faster year-over-year revenue change (26.6% vs 16.4%).

Barrick Mining Corporation is a mining company that produces gold and copper. It has mining operations and projects in Argentina, Canada, Chile, Democratic Republic of the Congo, Dominican Republic, Ecuador, Egypt, Jamaica, Mali, Pakistan, Papua New Guinea, Peru, Saudi Arabia, Senegal, Tanzania, the United States and Zambia. In 2024, it produced 3.91 million ounces of gold at all-in sustaining costs of $1,484/ounce and 195,000 tonnes of copper at all-in sustaining costs of $3.45/pound. As of ...

Reinsurance Group of America, Incorporated is a holding company for a global life and health reinsurance entity based in Greater St. Louis within the western suburb of Chesterfield, Missouri, United States. With approximately $3.9 trillion of life reinsurance in force and assets of $118.7 billion as of December 31, 2024, RGA has grown to become the only international company to focus primarily on life and health-related reinsurance.

B vs RGA — Head-to-Head

Bigger by revenue
RGA
RGA
1.8× larger
RGA
$6.6B
$3.7B
B
Growing faster (revenue YoY)
RGA
RGA
+10.2% gap
RGA
26.6%
16.4%
B
Higher net margin
B
B
27.1% more per $
B
34.1%
7.0%
RGA

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
B
B
RGA
RGA
Revenue
$3.7B
$6.6B
Net Profit
$1.3B
$463.0M
Gross Margin
49.0%
Operating Margin
38.5%
7.7%
Net Margin
34.1%
7.0%
Revenue YoY
16.4%
26.6%
Net Profit YoY
98.1%
212.8%
EPS (diluted)
$0.47
$6.91

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
B
B
RGA
RGA
Q4 25
$6.6B
Q3 25
$6.2B
Q2 25
$3.7B
$5.6B
Q1 25
$5.3B
Q4 24
$5.2B
Q3 24
$5.7B
Q2 24
$3.2B
$4.9B
Q1 24
$6.3B
Net Profit
B
B
RGA
RGA
Q4 25
$463.0M
Q3 25
$253.0M
Q2 25
$1.3B
$180.0M
Q1 25
$286.0M
Q4 24
$148.0M
Q3 24
$156.0M
Q2 24
$634.0M
$203.0M
Q1 24
$210.0M
Gross Margin
B
B
RGA
RGA
Q4 25
Q3 25
Q2 25
49.0%
Q1 25
Q4 24
Q3 24
Q2 24
37.4%
Q1 24
Operating Margin
B
B
RGA
RGA
Q4 25
7.7%
Q3 25
5.2%
Q2 25
38.5%
6.1%
Q1 25
7.0%
Q4 24
4.3%
Q3 24
3.8%
Q2 24
34.5%
5.5%
Q1 24
4.3%
Net Margin
B
B
RGA
RGA
Q4 25
7.0%
Q3 25
4.1%
Q2 25
34.1%
3.2%
Q1 25
5.4%
Q4 24
2.8%
Q3 24
2.8%
Q2 24
20.1%
4.2%
Q1 24
3.3%
EPS (diluted)
B
B
RGA
RGA
Q4 25
$6.91
Q3 25
$3.81
Q2 25
$0.47
$2.70
Q1 25
$4.27
Q4 24
$2.21
Q3 24
$2.33
Q2 24
$0.21
$3.03
Q1 24
$3.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
B
B
RGA
RGA
Cash + ST InvestmentsLiquidity on hand
$4.8B
$4.2B
Total DebtLower is stronger
$5.7B
Stockholders' EquityBook value
$33.4B
$13.5B
Total Assets
$47.3B
$156.6B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
B
B
RGA
RGA
Q4 25
$4.2B
Q3 25
$4.6B
Q2 25
$4.8B
$5.4B
Q1 25
$5.2B
Q4 24
$3.3B
Q3 24
$5.2B
Q2 24
$4.0B
$4.6B
Q1 24
$5.9B
Total Debt
B
B
RGA
RGA
Q4 25
$5.7B
Q3 25
$5.7B
Q2 25
$5.7B
Q1 25
$5.7B
Q4 24
$5.0B
Q3 24
$5.1B
Q2 24
$5.1B
Q1 24
$4.4B
Stockholders' Equity
B
B
RGA
RGA
Q4 25
$13.5B
Q3 25
$13.0B
Q2 25
$33.4B
$12.1B
Q1 25
$11.4B
Q4 24
$10.8B
Q3 24
$11.1B
Q2 24
$32.5B
$9.7B
Q1 24
$9.5B
Total Assets
B
B
RGA
RGA
Q4 25
$156.6B
Q3 25
$152.0B
Q2 25
$47.3B
$133.5B
Q1 25
$128.2B
Q4 24
$118.7B
Q3 24
$120.3B
Q2 24
$46.2B
$109.9B
Q1 24
$106.0B
Debt / Equity
B
B
RGA
RGA
Q4 25
0.42×
Q3 25
0.44×
Q2 25
0.48×
Q1 25
0.50×
Q4 24
0.47×
Q3 24
0.46×
Q2 24
0.52×
Q1 24
0.47×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
B
B
RGA
RGA
Operating Cash FlowLast quarter
$1.3B
$7.3B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.06×
15.83×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
B
B
RGA
RGA
Q4 25
$7.3B
Q3 25
$-990.0M
Q2 25
$1.3B
$-820.0M
Q1 25
$-1.4B
Q4 24
$17.1B
Q3 24
$-1.1B
Q2 24
$1.2B
$-967.0M
Q1 24
$-5.7B
Cash Conversion
B
B
RGA
RGA
Q4 25
15.83×
Q3 25
-3.91×
Q2 25
1.06×
-4.56×
Q1 25
-5.00×
Q4 24
115.81×
Q3 24
-6.84×
Q2 24
1.83×
-4.76×
Q1 24
-27.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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