Name: Net Profit Margin

Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.

Interpretation:
• In '2021', RGA's net profit margin was 7.3%, measuring the overall profitability of the company. Industry average for Life Insurance in '2021' stood at 26.1%.
• In '2022', RGA's net profit margin was 3.3%, measuring the overall profitability of the company. The decline from '2021' may indicate some operational or financial challenges. Industry average for Life Insurance in '2022' stood at 15.7%. Industry average declined by 10.4% from previous year.
• In '2023', RGA's net profit margin was 4.9%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Life Insurance in '2023' stood at 0.3%. Industry average declined by 15.4% from previous year.
• In '2024', RGA's net profit margin was 3.3%, measuring the overall profitability of the company. The decline from '2023' may indicate some operational or financial challenges. Industry average for Life Insurance in '2024' stood at -3.2%. Industry average declined by 3.5% from previous year.
Overall, RGA's net profit margin has been volatile but showed a downward trend over the past 4 years.

Formula: Net Profit Margin = Net Income / Revenue

Good Range: Ranges 5%-20% for many industries.