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Side-by-side financial comparison of Paramount Skydance Corporation (PSKY) 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 $4.1B, roughly 1.6× Paramount Skydance Corporation). REINSURANCE GROUP OF AMERICA INC runs the higher net margin — 7.0% vs -0.3%, a 7.3% gap on every dollar of revenue. On growth, REINSURANCE GROUP OF AMERICA INC posted the faster year-over-year revenue change (26.6% vs -38.8%).

Paramount Skydance Corporation is an American multinational mass media and entertainment conglomerate. The company is headquartered at the Paramount Pictures lot in the Hollywood neighborhood of Los Angeles, California, with multiple of Paramount's divisions and subsidiaries, as well as one of Paramount's major offices and meeting places, being headquartered at the previous Paramount Global headquarters at One Astor Plaza in New York City.

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.

PSKY vs RGA — Head-to-Head

Bigger by revenue
RGA
RGA
1.6× larger
RGA
$6.6B
$4.1B
PSKY
Growing faster (revenue YoY)
RGA
RGA
+65.4% gap
RGA
26.6%
-38.8%
PSKY
Higher net margin
RGA
RGA
7.3% more per $
RGA
7.0%
-0.3%
PSKY

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
PSKY
PSKY
RGA
RGA
Revenue
$4.1B
$6.6B
Net Profit
$-13.0M
$463.0M
Gross Margin
Operating Margin
5.9%
7.7%
Net Margin
-0.3%
7.0%
Revenue YoY
-38.8%
26.6%
Net Profit YoY
-1400.0%
212.8%
EPS (diluted)
$-0.01
$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
PSKY
PSKY
RGA
RGA
Q4 25
$6.6B
Q3 25
$4.1B
$6.2B
Q2 25
$0
$5.6B
Q1 25
$0
$5.3B
Q4 24
$5.2B
Q3 24
$6.7B
$5.7B
Q2 24
$0
$4.9B
Q1 24
$6.3B
Net Profit
PSKY
PSKY
RGA
RGA
Q4 25
$463.0M
Q3 25
$-13.0M
$253.0M
Q2 25
$0
$180.0M
Q1 25
$0
$286.0M
Q4 24
$148.0M
Q3 24
$1.0M
$156.0M
Q2 24
$0
$203.0M
Q1 24
$210.0M
Operating Margin
PSKY
PSKY
RGA
RGA
Q4 25
7.7%
Q3 25
5.9%
5.2%
Q2 25
6.1%
Q1 25
7.0%
Q4 24
4.3%
Q3 24
5.0%
3.8%
Q2 24
5.5%
Q1 24
4.3%
Net Margin
PSKY
PSKY
RGA
RGA
Q4 25
7.0%
Q3 25
-0.3%
4.1%
Q2 25
3.2%
Q1 25
5.4%
Q4 24
2.8%
Q3 24
0.0%
2.8%
Q2 24
4.2%
Q1 24
3.3%
EPS (diluted)
PSKY
PSKY
RGA
RGA
Q4 25
$6.91
Q3 25
$-0.01
$3.81
Q2 25
$0.00
$2.70
Q1 25
$0.00
$4.27
Q4 24
$2.21
Q3 24
$0.00
$2.33
Q2 24
$0.00
$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
PSKY
PSKY
RGA
RGA
Cash + ST InvestmentsLiquidity on hand
$3.3B
$4.2B
Total DebtLower is stronger
$13.3B
$5.7B
Stockholders' EquityBook value
$12.0B
$13.5B
Total Assets
$43.2B
$156.6B
Debt / EquityLower = less leverage
1.11×
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PSKY
PSKY
RGA
RGA
Q4 25
$4.2B
Q3 25
$3.3B
$4.6B
Q2 25
$5.4B
Q1 25
$5.2B
Q4 24
$3.3B
Q3 24
$5.2B
Q2 24
$4.6B
Q1 24
$5.9B
Total Debt
PSKY
PSKY
RGA
RGA
Q4 25
$5.7B
Q3 25
$13.3B
$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
PSKY
PSKY
RGA
RGA
Q4 25
$13.5B
Q3 25
$12.0B
$13.0B
Q2 25
$0
$12.1B
Q1 25
$0
$11.4B
Q4 24
$10.8B
Q3 24
$17.1B
$11.1B
Q2 24
$0
$9.7B
Q1 24
$9.5B
Total Assets
PSKY
PSKY
RGA
RGA
Q4 25
$156.6B
Q3 25
$43.2B
$152.0B
Q2 25
$0
$133.5B
Q1 25
$0
$128.2B
Q4 24
$118.7B
Q3 24
$120.3B
Q2 24
$109.9B
Q1 24
$106.0B
Debt / Equity
PSKY
PSKY
RGA
RGA
Q4 25
0.42×
Q3 25
1.11×
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
PSKY
PSKY
RGA
RGA
Operating Cash FlowLast quarter
$268.0M
$7.3B
Free Cash FlowOCF − Capex
$222.0M
FCF MarginFCF / Revenue
5.4%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
15.83×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PSKY
PSKY
RGA
RGA
Q4 25
$7.3B
Q3 25
$268.0M
$-990.0M
Q2 25
$0
$-820.0M
Q1 25
$0
$-1.4B
Q4 24
$17.1B
Q3 24
$-1.1B
Q2 24
$0
$-967.0M
Q1 24
$-5.7B
Free Cash Flow
PSKY
PSKY
RGA
RGA
Q4 25
Q3 25
$222.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
PSKY
PSKY
RGA
RGA
Q4 25
Q3 25
5.4%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
PSKY
PSKY
RGA
RGA
Q4 25
Q3 25
1.1%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
PSKY
PSKY
RGA
RGA
Q4 25
15.83×
Q3 25
-3.91×
Q2 25
-4.56×
Q1 25
-5.00×
Q4 24
115.81×
Q3 24
-6.84×
Q2 24
-4.76×
Q1 24
-27.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PSKY
PSKY

Affiliate And Subscription$2.0B49%
Advertising$1.3B31%
Licensing And Other$775.0M19%
Related Party$40.0M1%
Theatrical$39.0M1%

RGA
RGA

Segment breakdown not available.

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