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Side-by-side financial comparison of Edison International (EIX) 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 $5.2B, roughly 1.3× Edison International). Edison International runs the higher net margin — 35.4% vs 7.0%, a 28.5% gap on every dollar of revenue. On growth, Edison International posted the faster year-over-year revenue change (30.8% vs 26.6%). Over the past eight quarters, Edison International's revenue compounded faster (13.1% CAGR vs 2.3%).
Edison International is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and unregulated non-utility business assets Edison Energy. Edison's roots trace back to Holt & Knupps, a company founded in 1886 as a provider of street lights in Visalia, California.
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.
EIX vs RGA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.2B | $6.6B |
| Net Profit | $1.8B | $463.0M |
| Gross Margin | — | — |
| Operating Margin | 52.8% | 7.7% |
| Net Margin | 35.4% | 7.0% |
| Revenue YoY | 30.8% | 26.6% |
| Net Profit YoY | 443.5% | 212.8% |
| EPS (diluted) | $4.78 | $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.
| Q4 25 | $5.2B | $6.6B | ||
| Q3 25 | $5.8B | $6.2B | ||
| Q2 25 | $4.5B | $5.6B | ||
| Q1 25 | $3.8B | $5.3B | ||
| Q4 24 | $4.0B | $5.2B | ||
| Q3 24 | $5.2B | $5.7B | ||
| Q2 24 | $4.3B | $4.9B | ||
| Q1 24 | $4.1B | $6.3B |
| Q4 25 | $1.8B | $463.0M | ||
| Q3 25 | $832.0M | $253.0M | ||
| Q2 25 | $343.0M | $180.0M | ||
| Q1 25 | $1.4B | $286.0M | ||
| Q4 24 | $340.0M | $148.0M | ||
| Q3 24 | $516.0M | $156.0M | ||
| Q2 24 | $439.0M | $203.0M | ||
| Q1 24 | $-11.0M | $210.0M |
| Q4 25 | 52.8% | 7.7% | ||
| Q3 25 | 24.9% | 5.2% | ||
| Q2 25 | 17.1% | 6.1% | ||
| Q1 25 | 56.0% | 7.0% | ||
| Q4 24 | 19.8% | 4.3% | ||
| Q3 24 | 19.1% | 3.8% | ||
| Q2 24 | 20.8% | 5.5% | ||
| Q1 24 | 6.0% | 4.3% |
| Q4 25 | 35.4% | 7.0% | ||
| Q3 25 | 14.5% | 4.1% | ||
| Q2 25 | 7.6% | 3.2% | ||
| Q1 25 | 37.7% | 5.4% | ||
| Q4 24 | 8.5% | 2.8% | ||
| Q3 24 | 9.9% | 2.8% | ||
| Q2 24 | 10.1% | 4.2% | ||
| Q1 24 | -0.3% | 3.3% |
| Q4 25 | $4.78 | $6.91 | ||
| Q3 25 | $2.16 | $3.81 | ||
| Q2 25 | $0.89 | $2.70 | ||
| Q1 25 | $3.72 | $4.27 | ||
| Q4 24 | $0.89 | $2.21 | ||
| Q3 24 | $1.32 | $2.33 | ||
| Q2 24 | $1.13 | $3.03 | ||
| Q1 24 | $-0.03 | $3.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $158.0M | $4.2B |
| Total DebtLower is stronger | $38.0B | $5.7B |
| Stockholders' EquityBook value | $17.6B | $13.5B |
| Total Assets | $94.0B | $156.6B |
| Debt / EquityLower = less leverage | 2.16× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $158.0M | $4.2B | ||
| Q3 25 | $364.0M | $4.6B | ||
| Q2 25 | $140.0M | $5.4B | ||
| Q1 25 | $1.3B | $5.2B | ||
| Q4 24 | $193.0M | $3.3B | ||
| Q3 24 | $200.0M | $5.2B | ||
| Q2 24 | $465.0M | $4.6B | ||
| Q1 24 | $992.0M | $5.9B |
| Q4 25 | $38.0B | $5.7B | ||
| Q3 25 | $36.4B | $5.7B | ||
| Q2 25 | $37.7B | $5.7B | ||
| Q1 25 | $38.4B | $5.7B | ||
| Q4 24 | $35.6B | $5.0B | ||
| Q3 24 | $34.9B | $5.1B | ||
| Q2 24 | $34.8B | $5.1B | ||
| Q1 24 | $34.7B | $4.4B |
| Q4 25 | $17.6B | $13.5B | ||
| Q3 25 | $17.2B | $13.0B | ||
| Q2 25 | $16.7B | $12.1B | ||
| Q1 25 | $16.6B | $11.4B | ||
| Q4 24 | $15.6B | $10.8B | ||
| Q3 24 | $15.7B | $11.1B | ||
| Q2 24 | $15.4B | $9.7B | ||
| Q1 24 | $15.2B | $9.5B |
| Q4 25 | $94.0B | $156.6B | ||
| Q3 25 | $90.5B | $152.0B | ||
| Q2 25 | $88.8B | $133.5B | ||
| Q1 25 | $88.4B | $128.2B | ||
| Q4 24 | $85.6B | $118.7B | ||
| Q3 24 | $84.7B | $120.3B | ||
| Q2 24 | $84.8B | $109.9B | ||
| Q1 24 | $83.6B | $106.0B |
| Q4 25 | 2.16× | 0.42× | ||
| Q3 25 | 2.12× | 0.44× | ||
| Q2 25 | 2.26× | 0.48× | ||
| Q1 25 | 2.31× | 0.50× | ||
| Q4 24 | 2.29× | 0.47× | ||
| Q3 24 | 2.23× | 0.46× | ||
| Q2 24 | 2.26× | 0.52× | ||
| Q1 24 | 2.29× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.6B | $7.3B |
| Free Cash FlowOCF − Capex | $-319.0M | — |
| FCF MarginFCF / Revenue | -6.1% | — |
| Capex IntensityCapex / Revenue | 36.3% | — |
| Cash ConversionOCF / Net Profit | 0.85× | 15.83× |
| TTM Free Cash FlowTrailing 4 quarters | $-715.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $7.3B | ||
| Q3 25 | $2.1B | $-990.0M | ||
| Q2 25 | $882.0M | $-820.0M | ||
| Q1 25 | $1.2B | $-1.4B | ||
| Q4 24 | $1.2B | $17.1B | ||
| Q3 24 | $2.5B | $-1.1B | ||
| Q2 24 | $329.0M | $-967.0M | ||
| Q1 24 | $1.0B | $-5.7B |
| Q4 25 | $-319.0M | — | ||
| Q3 25 | $618.0M | — | ||
| Q2 25 | $-830.0M | — | ||
| Q1 25 | $-184.0M | — | ||
| Q4 24 | $-326.0M | — | ||
| Q3 24 | $961.0M | — | ||
| Q2 24 | $-1.1B | — | ||
| Q1 24 | $-236.0M | — |
| Q4 25 | -6.1% | — | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | -18.3% | — | ||
| Q1 25 | -4.8% | — | ||
| Q4 24 | -8.2% | — | ||
| Q3 24 | 18.5% | — | ||
| Q2 24 | -25.2% | — | ||
| Q1 24 | -5.8% | — |
| Q4 25 | 36.3% | — | ||
| Q3 25 | 26.2% | — | ||
| Q2 25 | 37.7% | — | ||
| Q1 25 | 36.9% | — | ||
| Q4 24 | 37.6% | — | ||
| Q3 24 | 29.1% | — | ||
| Q2 24 | 32.8% | — | ||
| Q1 24 | 31.4% | — |
| Q4 25 | 0.85× | 15.83× | ||
| Q3 25 | 2.55× | -3.91× | ||
| Q2 25 | 2.57× | -4.56× | ||
| Q1 25 | 0.85× | -5.00× | ||
| Q4 24 | 3.44× | 115.81× | ||
| Q3 24 | 4.79× | -6.84× | ||
| Q2 24 | 0.75× | -4.76× | ||
| Q1 24 | — | -27.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EIX
| Commercial | $2.2B | 43% |
| Residential | $1.2B | 23% |
| Other | $966.0M | 19% |
| Other Operating Revenue | $802.0M | 15% |
RGA
Segment breakdown not available.
