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Side-by-side financial comparison of REINSURANCE GROUP OF AMERICA INC (RGA) and Stanley Black & Decker (SWK). 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 $3.8B, roughly 1.8× Stanley Black & Decker). REINSURANCE GROUP OF AMERICA INC runs the higher net margin — 7.0% vs 1.4%, a 5.6% gap on every dollar of revenue. On growth, REINSURANCE GROUP OF AMERICA INC posted the faster year-over-year revenue change (26.6% vs 0.1%). Over the past eight quarters, REINSURANCE GROUP OF AMERICA INC's revenue compounded faster (2.3% CAGR vs 0.3%).
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.
Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.
RGA vs SWK — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.6B | $3.8B |
| Net Profit | $463.0M | $51.4M |
| Gross Margin | — | 31.4% |
| Operating Margin | 7.7% | — |
| Net Margin | 7.0% | 1.4% |
| Revenue YoY | 26.6% | 0.1% |
| Net Profit YoY | 212.8% | -43.6% |
| EPS (diluted) | $6.91 | $0.34 |
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 | $6.6B | — | ||
| Q3 25 | $6.2B | $3.8B | ||
| Q2 25 | $5.6B | $3.9B | ||
| Q1 25 | $5.3B | $3.7B | ||
| Q4 24 | $5.2B | $3.7B | ||
| Q3 24 | $5.7B | $3.8B | ||
| Q2 24 | $4.9B | $4.0B | ||
| Q1 24 | $6.3B | $3.9B |
| Q4 25 | $463.0M | — | ||
| Q3 25 | $253.0M | $51.4M | ||
| Q2 25 | $180.0M | $101.9M | ||
| Q1 25 | $286.0M | $90.4M | ||
| Q4 24 | $148.0M | $194.9M | ||
| Q3 24 | $156.0M | $91.1M | ||
| Q2 24 | $203.0M | $-11.2M | ||
| Q1 24 | $210.0M | $19.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | 31.4% | ||
| Q2 25 | — | 27.0% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 30.8% | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | — | 28.4% | ||
| Q1 24 | — | 28.6% |
| Q4 25 | 7.7% | — | ||
| Q3 25 | 5.2% | — | ||
| Q2 25 | 6.1% | — | ||
| Q1 25 | 7.0% | — | ||
| Q4 24 | 4.3% | 3.4% | ||
| Q3 24 | 3.8% | 10.6% | ||
| Q2 24 | 5.5% | 9.5% | ||
| Q1 24 | 4.3% | 8.3% |
| Q4 25 | 7.0% | — | ||
| Q3 25 | 4.1% | 1.4% | ||
| Q2 25 | 3.2% | 2.6% | ||
| Q1 25 | 5.4% | 2.4% | ||
| Q4 24 | 2.8% | 5.2% | ||
| Q3 24 | 2.8% | 2.4% | ||
| Q2 24 | 4.2% | -0.3% | ||
| Q1 24 | 3.3% | 0.5% |
| Q4 25 | $6.91 | — | ||
| Q3 25 | $3.81 | $0.34 | ||
| Q2 25 | $2.70 | $0.67 | ||
| Q1 25 | $4.27 | $0.60 | ||
| Q4 24 | $2.21 | $1.29 | ||
| Q3 24 | $2.33 | $0.60 | ||
| Q2 24 | $3.03 | $-0.07 | ||
| Q1 24 | $3.16 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.2B | $268.3M |
| Total DebtLower is stronger | $5.7B | $5.3B |
| Stockholders' EquityBook value | $13.5B | $9.0B |
| Total Assets | $156.6B | $21.8B |
| Debt / EquityLower = less leverage | 0.42× | 0.59× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.2B | — | ||
| Q3 25 | $4.6B | $268.3M | ||
| Q2 25 | $5.4B | $311.8M | ||
| Q1 25 | $5.2B | $344.8M | ||
| Q4 24 | $3.3B | $290.5M | ||
| Q3 24 | $5.2B | $298.7M | ||
| Q2 24 | $4.6B | $318.5M | ||
| Q1 24 | $5.9B | $476.6M |
| Q4 25 | $5.7B | — | ||
| Q3 25 | $5.7B | $5.3B | ||
| Q2 25 | $5.7B | $5.6B | ||
| Q1 25 | $5.7B | $5.6B | ||
| Q4 24 | $5.0B | $6.1B | ||
| Q3 24 | $5.1B | $6.1B | ||
| Q2 24 | $5.1B | $6.1B | ||
| Q1 24 | $4.4B | $6.1B |
| Q4 25 | $13.5B | — | ||
| Q3 25 | $13.0B | $9.0B | ||
| Q2 25 | $12.1B | $9.1B | ||
| Q1 25 | $11.4B | $8.8B | ||
| Q4 24 | $10.8B | $8.7B | ||
| Q3 24 | $11.1B | $8.9B | ||
| Q2 24 | $9.7B | $8.7B | ||
| Q1 24 | $9.5B | $8.9B |
| Q4 25 | $156.6B | — | ||
| Q3 25 | $152.0B | $21.8B | ||
| Q2 25 | $133.5B | $22.5B | ||
| Q1 25 | $128.2B | $22.5B | ||
| Q4 24 | $118.7B | $21.8B | ||
| Q3 24 | $120.3B | $22.5B | ||
| Q2 24 | $109.9B | $22.5B | ||
| Q1 24 | $106.0B | $23.9B |
| Q4 25 | 0.42× | — | ||
| Q3 25 | 0.44× | 0.59× | ||
| Q2 25 | 0.48× | 0.62× | ||
| Q1 25 | 0.50× | 0.63× | ||
| Q4 24 | 0.47× | 0.70× | ||
| Q3 24 | 0.46× | 0.69× | ||
| Q2 24 | 0.52× | 0.70× | ||
| Q1 24 | 0.47× | 0.69× |
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 | $7.3B | $221.2M |
| Free Cash FlowOCF − Capex | — | $155.3M |
| FCF MarginFCF / Revenue | — | 4.1% |
| Capex IntensityCapex / Revenue | — | 1.8% |
| Cash ConversionOCF / Net Profit | 15.83× | 4.30× |
| TTM Free Cash FlowTrailing 4 quarters | — | $369.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.3B | — | ||
| Q3 25 | $-990.0M | $221.2M | ||
| Q2 25 | $-820.0M | $214.3M | ||
| Q1 25 | $-1.4B | $-420.0M | ||
| Q4 24 | $17.1B | $679.1M | ||
| Q3 24 | $-1.1B | $285.8M | ||
| Q2 24 | $-967.0M | $573.0M | ||
| Q1 24 | $-5.7B | $-431.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | $155.3M | ||
| Q2 25 | — | $134.7M | ||
| Q1 25 | — | $-485.0M | ||
| Q4 24 | — | $564.6M | ||
| Q3 24 | — | $199.3M | ||
| Q2 24 | — | $485.8M | ||
| Q1 24 | — | $-496.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | 4.1% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | -13.0% | ||
| Q4 24 | — | 15.2% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 12.1% | ||
| Q1 24 | — | -12.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 1.7% |
| Q4 25 | 15.83× | — | ||
| Q3 25 | -3.91× | 4.30× | ||
| Q2 25 | -4.56× | 2.10× | ||
| Q1 25 | -5.00× | -4.65× | ||
| Q4 24 | 115.81× | 3.48× | ||
| Q3 24 | -6.84× | 3.14× | ||
| Q2 24 | -4.76× | — | ||
| Q1 24 | -27.31× | -22.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RGA
Segment breakdown not available.
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
