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Great-West Lifeco Inc.

Great-West Lifeco Inc.

GWO · TO · Financial Services / Insurance - Life

93.99CAD+0.08 (+0.09%)

Price History

Full chart

Market Stats

Previous Close93.91
Open94.06
Day Range93.47 – 95.14
52-Week Range55.22 – 95.96
Volume1.16M
Market Cap80.85B
P/E (TTM)18.66
Forward P/E14.66
EPS4.84
Dividend Yield3.03%
Beta0.67
50-Day Avg91.42
200-Day Avg77.24

About

Great-West Lifeco Inc. engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, critical illness, disability, health and dental protection, and creditor insurance products; and retirement savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations. It also provides individual product solutions and employer-sponsored retirement savings plans that offers saving, investment, and advisory services; retail wealth management products and services to individuals, including individual retirement accounts and after-tax investment accounts; and wealth management, including payout annuity, equity release mortgages, pensions, and investments products. In addition, the company offers bulk and individual payout annuities, equity release mortgages, life bonds, retirement drawdown and pension, and group insurance products; savings and investments; and provides asset management services, such as pension schemes, insurance companies, wealth managers, fiduciary managers, and sovereign wealth funds, as well as manages assets for third-party institutional clients. Further, it provides life, annuity/longevity, mortgage surety, and property catastrophe reinsurance products. The company offers its products under the Empower, Canada Life, and Irish Life brand names. It distributes its products through a network of sales force, brokers, consultants, advisors, third-party administrators, financial institutions, employee benefit consultants, and multi-tied agents. The company was founded in 1979 and is based in Winnipeg, Canada. Great-West Lifeco Inc. is a subsidiary of Power Financial Corporation.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Life
  • CEOMr. David M. Harney
  • Employees33.43K
  • Headquarters100 Osborne Street North, Winnipeg, MB, Canada, R3C 1V3, Canada
  • Websitehttps://www.greatwestlifeco.com

Leadership

  • Mr. David M. HarneyPresident, CEO & Director · b. 1969
  • Mr. Jon P. NielsenEVP & CFO · b. 1974
  • Mr. John MelvinExecutive VP & Chief Investment Officer
  • Ms. Dervla Mary TomlinExecutive VP & Chief Risk Officer
  • Mr. Edmund Francis Murphy IIIPresident & CEO of Empower · b. 1962
  • Andrew ConradSenior Vice President of Corporate Finance & Treasury
  • Mr. Michael W. DibdenExecutive VP & Chief Information Officer
  • Mr. Shubha Rahman KhanSVP & Head of Investor Relations
  • Ms. Sharon C. GeraghtyExecutive VP & General Counsel
  • Amy E. MetzgerSenior VP & Chief Compliance Officer

Financials

Income Statement

Currency: CAD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.08B7.48B13.76B13.33B15.27B16.05B16.63B13.43B21.87B23.87B25.48B25.92B33.93B30.54B30.10B29.90B30.60B26.45B39.18B33.82B46.38B47.12B44.03B44.75B60.60B64.45B-2.69B36.73B34.72B39.10B
Growth (%)-+22.96%+83.98%-3.11%+14.54%+5.12%+3.64%-19.26%+62.86%+9.14%+6.75%+1.73%+30.90%-9.99%-1.43%-0.68%+2.34%-13.57%+48.15%-13.68%+37.14%+1.59%-6.55%+1.63%+35.42%+6.35%-104.18%+1463.94%-5.47%+12.62%
Cost of Revenue263.00M296.00M538.00M601.00M694.00M696.00M718.00M919.00M1.28B1.28B16.14B16.19B16.78B-16.57B-15.34B23.17B23.32B18.31B29.75B23.58B35.77B36.49B32.89B33.96B49.38B51.52B-13.75B25.61B21.34B25.98B
Gross Profit5.82B7.18B13.22B12.73B14.57B15.35B15.91B12.51B20.59B22.59B9.34B9.74B17.15B47.11B45.45B6.73B7.28B8.14B9.43B10.24B10.61B10.63B11.14B10.79B11.22B12.93B11.06B11.12B13.39B13.13B
Gross Margin95.68%96.04%96.09%95.49%95.45%95.66%95.68%93.16%94.14%94.62%36.65%37.56%50.54%154.25%150.97%22.51%23.79%30.77%24.08%30.27%22.87%22.55%25.31%24.11%18.51%20.06%-410.73%30.28%38.56%33.57%
Operating Expense671.00M1.11B12.22B11.61B13.32B14.30B14.49B10.60B18.27B20.10B6.92B7.09B16.77B45.03B43.48B4.53B4.72B5.36B6.04B6.77B7.25B7.90B7.68B7.91B8.14B9.06B7.00B14.46B15.46B8.43B
Operating Income5.15B6.07B1.00B1.12B1.25B1.05B1.43B1.91B2.32B2.49B2.42B2.65B375.00M2.08B1.96B2.21B2.56B2.78B3.39B3.47B3.35B2.73B3.46B2.88B3.07B3.87B4.06B-3.33B-2.07B4.70B
Operating Margin84.64%81.17%7.27%8.39%8.21%6.56%8.57%14.19%10.60%10.43%9.50%10.22%1.11%6.81%6.52%7.38%8.37%10.52%8.65%10.26%7.23%5.79%7.86%6.44%5.07%6.00%-150.91%-9.08%-5.96%12.01%
EBITDA5.15B6.08B1.06B1.18B1.32B1.12B1.43B1.91B2.32B2.49B2.64B2.95B754.00M2.50B2.34B3.12B2.98B3.21B3.87B3.97B3.89B3.25B3.97B3.59B3.80B4.72B4.96B3.98B5.93B5.64B
EBITDA Margin84.64%81.28%7.69%8.84%8.63%6.97%8.57%14.19%10.60%10.43%10.36%11.38%2.22%8.20%7.79%10.42%9.76%12.16%9.87%11.75%8.38%6.91%9.02%8.01%6.27%7.33%-184.14%10.84%17.07%14.43%
Net Income289.00M250.00M473.00M569.00M674.00M546.00M962.00M1.24B1.62B1.77B1.93B2.11B1.45B1.70B1.70B2.12B1.92B2.41B2.67B2.89B2.76B2.28B3.09B2.49B3.08B3.26B3.73B2.87B4.07B4.12B
Net Income Margin4.75%3.34%3.44%4.27%4.42%3.40%5.78%9.20%7.39%7.44%7.56%8.14%4.28%5.56%5.65%7.08%6.28%9.11%6.81%8.54%5.96%4.83%7.03%5.57%5.08%5.06%-138.36%7.81%11.72%10.54%
Interest Expense00000000205.00M187.00M202.00M269.00M296.00M264.00M283.00M289.00M276.00M269.00M304.00M303.00M302.00M300.00M221.00M307.00M306.00M349.00M393.00M426.00M402.00M379.00M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.94%0.78%0.79%1.04%0.87%0.86%0.94%0.97%0.90%1.02%0.78%0.90%0.65%0.64%0.50%0.69%0.50%0.54%-14.59%1.16%1.16%0.97%

Balance Sheet

Currency: CAD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets28.01B52.08B54.73B53.26B55.75B59.16B60.07B97.45B95.85B102.16B120.46B118.39B130.07B128.37B131.51B238.77B253.72B325.90B356.71B399.94B399.91B419.84B427.69B451.17B600.49B630.49B701.46B713.23B802.16B862.83B
Total Liabilities25.36B46.91B49.09B47.34B49.64B52.81B53.31B86.44B83.75B90.56B107.10B105.06B114.51B113.00B117.98B222.66B236.13B305.91B334.81B374.68B374.90B394.30B400.29B425.62B573.48B600.00B669.14B683.38B771.01B829.83B
Total Equity1.99B3.16B3.55B3.79B4.18B4.40B4.71B8.59B9.43B9.49B11.11B10.91B13.23B13.00B13.42B13.87B15.08B17.64B19.25B22.45B22.00B22.60B24.52B22.68B24.03B27.22B29.01B26.84B29.54B29.86B
Cash--759.00M732.00M740.00M837.00M912.00M2.46B2.47B2.96B3.08B3.65B2.85B3.43B1.84B2.06B1.90B2.79B2.50B2.81B3.26B3.55B4.17B4.63B7.95B4.77B6.41B7.05B9.56B8.19B
Total Debt116.00M811.00M975.00M806.00M1.03B1.48B1.52B3.08B2.76B2.84B2.98B5.24B3.82B4.14B4.32B4.31B4.73B6.12B5.80B5.87B6.59B6.21B6.92B6.96B11.27B10.26B11.29B9.65B10.23B13.41B
Net Debt116.00M811.00M216.00M74.00M292.00M638.00M611.00M618.00M292.00M-122.00M-106.00M1.59B971.00M715.00M2.48B2.26B2.84B3.33B3.30B3.06B3.17B2.50B2.75B2.33B2.76B4.96B4.88B2.60B664.00M5.22B

Cash Flow

Currency: CAD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow563.40M18.00M714.00M-27.00M80.00M1.96B1.39B2.10B3.00B3.95B3.81B3.73B3.86B3.96B5.80B4.84B4.72B5.03B5.44B5.12B6.25B6.76B6.49B6.11B9.61B10.37B7.05B5.20B4.75B2.71B
Investing Cash Flow-378.60M-1.89B-409.00M180.00M-79.00M-1.34B-724.00M-1.94B-1.89B-2.51B-3.40B-5.20B-3.29B-1.83B-6.10B-3.41B-3.84B-4.81B-4.13B-3.42B-4.57B-4.78B-4.78B-1.54B-8.20B-11.21B-5.49B-786.00M-408.00M-56.00M
Financing Cash Flow-154.60M730.00M-446.00M-180.00M-7.00M-521.00M-595.00M1.39B-1.10B-665.00M-565.00M2.42B-1.55B-1.26B-1.07B-1.25B-1.04B493.00M-1.69B-1.68B-1.04B-1.66B-1.27B-3.98B2.01B-992.00M-620.00M-3.55B-2.29B-4.32B
Capital Expenditure45.80M38.00M41.00M77.00M117.00M200.00M40.00M111.00M197.00M588.00M631.00M1.66B20.00M31.00M00213.00M213.00M29.00M72.00M325.00M267.00M1.94B639.00M000000
Free Cash Flow517.60M-20.00M673.00M-104.00M-37.00M1.76B1.35B1.99B2.80B3.36B3.18B2.07B3.84B3.93B5.80B4.84B4.72B5.03B5.44B5.12B6.25B6.76B4.55B6.11B9.61B10.37B7.05B5.20B4.75B2.71B
Dividends Paid136.60M159.00M229.00M231.00M274.00M320.00M379.00M500.00M671.00M755.00M878.00M1.00B1.13B1.23B1.25B1.26B1.28B1.33B1.35B1.42B1.49B1.58B1.67B1.69B1.76B1.81B1.96B2.07B2.20B2.41B
FCF to OCF91.87%-111.11%94.26%385.19%-46.25%89.80%97.13%94.71%93.43%85.12%83.45%55.59%99.48%99.22%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%70.14%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF26.39%-795.00%34.03%-222.12%-740.54%18.18%27.99%25.16%23.95%22.45%27.60%48.31%29.40%31.42%21.60%26.11%27.17%26.46%24.80%27.80%23.86%23.41%36.68%27.69%18.30%17.46%27.76%39.73%46.28%89.11%

Earnings

Report DateNov 1, 1995Jan 25, 1996Apr 24, 1996Jul 24, 1996Oct 31, 1996Jan 30, 1997Apr 24, 1997Jul 24, 1997Oct 30, 1997Jan 29, 1998Apr 23, 1998Jul 24, 1998Oct 29, 1998Jan 28, 1999Apr 22, 1999Jul 22, 1999Oct 28, 1999Feb 3, 2000May 1, 2000Jul 26, 2000Oct 25, 2000Jan 31, 2001Apr 26, 2001Jul 24, 2001Oct 31, 2001Jan 30, 2002Apr 25, 2002Jul 30, 2002Oct 29, 2002Jan 30, 2003May 1, 2003Jul 30, 2003Oct 29, 2003Jan 29, 2004Apr 29, 2004Jul 28, 2004Oct 28, 2004Feb 17, 2005May 5, 2005Aug 4, 2005Nov 2, 2005Feb 16, 2006May 4, 2006Aug 2, 2006Nov 1, 2006Feb 15, 2007May 3, 2007Aug 1, 2007Nov 1, 2007Feb 14, 2008May 1, 2008Jul 30, 2008Oct 30, 2008Feb 12, 2009May 7, 2009Aug 6, 2009Nov 5, 2009Feb 11, 2010May 6, 2010Aug 4, 2010Nov 10, 2010Feb 10, 2011May 5, 2011Aug 3, 2011Nov 10, 2011Feb 9, 2012May 3, 2012Aug 1, 2012Nov 8, 2012Feb 7, 2013May 2, 2013Jul 31, 2013Nov 7, 2013Feb 13, 2014May 8, 2014Aug 6, 2014Nov 6, 2014Feb 12, 2015May 7, 2015Aug 5, 2015Nov 5, 2015Feb 11, 2016May 5, 2016Aug 3, 2016Nov 3, 2016Feb 9, 2017May 4, 2017Aug 2, 2017Nov 2, 2017Feb 8, 2018May 3, 2018Aug 1, 2018Oct 31, 2018Feb 7, 2019May 2, 2019Jul 31, 2019Oct 30, 2019Feb 11, 2020May 6, 2020Aug 4, 2020Nov 4, 2020Feb 10, 2021May 5, 2021Aug 3, 2021Nov 3, 2021Feb 9, 2022May 3, 2022Aug 3, 2022Nov 2, 2022Feb 8, 2023May 9, 2023Aug 8, 2023Nov 8, 2023Feb 14, 2024May 1, 2024Aug 6, 2024Nov 6, 2024Feb 5, 2025May 7, 2025Aug 5, 2025Nov 4, 2025Feb 11, 2026May 6, 2026Jul 28, 2026Nov 4, 2026
EPS Estimate0.090.090.090.100.110.110.110.120.120.130.140.140.150.150.160.170.180.200.200.220.210.230.220.250.240.260.280.300.310.320.340.350.370.390.420.440.590.550.490.500.520.520.520.520.540.560.580.590.610.630.620.610.480.460.440.490.480.460.460.450.490.510.480.500.480.500.520.460.500.450.520.530.570.590.580.610.630.650.670.690.680.700.710.690.670.680.700.690.710.720.740.750.750.740.770.780.760.790.630.600.690.750.770.790.810.880.850.850.790.870.890.910.971.011.011.050.901.141.141.171.221.291.311.371.45
EPS Actual0.090.100.100.100.110.110.110.120.130.130.130.150.150.160.160.190.180.190.190.220.220.240.230.270.270.260.300.320.330.320.340.350.390.410.430.460.470.480.470.510.510.520.500.510.530.550.570.600.630.600.600.630.610.590.350.440.470.470.470.460.510.540.520.550.480.520.470.510.540.370.540.550.540.490.590.620.690.660.710.670.730.690.620.670.680.710.630.720.770.740.740.780.750.720.670.700.790.800.590.760.730.800.800.890.930.890.870.890.740.960.870.991.021.041.091.110.921.201.111.241.331.361.371.42-
Surprise0.00%11.11%11.11%0.00%0.00%0.00%0.00%0.00%8.33%0.00%-7.14%7.14%0.00%6.67%0.00%11.76%0.00%-5.00%-5.00%0.00%4.76%4.35%4.55%8.00%12.50%0.00%7.14%6.67%6.45%0.00%0.00%0.00%5.41%5.13%2.38%4.55%-20.34%-12.73%-4.08%2.00%-1.92%0.00%-3.85%-1.92%-1.85%-1.79%-1.72%1.69%3.28%-4.76%-3.23%3.28%27.08%28.26%-20.45%-10.20%-2.08%2.17%2.17%2.22%4.08%5.88%8.33%10.00%0.00%4.00%-9.62%10.87%8.00%-17.78%3.85%3.77%-5.26%-16.95%1.72%1.64%9.52%1.54%5.97%-2.90%7.35%-1.43%-12.68%-2.90%1.49%4.41%-10.00%4.35%8.45%2.78%0.00%4.00%0.00%-2.70%-12.99%-10.26%3.95%1.27%-6.35%26.67%5.80%6.67%3.90%12.66%14.81%1.14%2.35%4.71%-6.33%10.34%-2.25%8.79%5.15%2.97%7.92%5.71%2.22%5.26%-2.63%5.98%9.02%5.43%4.58%3.65%-
Timing-------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap80.85B
Enterprise Value85.25B
Trailing P/E18.66
Forward P/E14.66
PEG Ratio1.77
Price / Sales2.22
Price / Book2.95
EPS4.84
Book Value31.52
Revenue (TTM)36.42B
Gross Profit (TTM)17.46B
EBITDA9.71B
Profit Margin12.72%
Operating Margin16.35%
Return on Equity14.13%
Return on Assets0.65%
Shares Outstanding895.20M
Shares Float260.06M
Beta0.67
Dividend Yield3.03%
Dividend Rate2.68
Payout Ratio47.81%

Dividends

20263×
0.67Sep 1, 20260.67Jun 2, 20260.67Mar 3, 2026
20254×
0.61Dec 3, 20250.61Aug 29, 20250.61Jun 2, 20250.61Mar 3, 2025
20244×
0.56Dec 3, 20240.56Aug 30, 20240.56May 31, 20240.56Feb 28, 2024
20234×
0.52Nov 29, 20230.52Aug 30, 20230.52May 30, 20230.52Mar 2, 2023
20224×
0.49Dec 1, 20220.49Aug 31, 20220.49Jun 1, 20220.49Mar 2, 2022
20214×
0.49Dec 2, 20210.44Sep 1, 20210.44Jun 1, 20210.44Mar 2, 2021
20201×
0.44Dec 2, 2020

Stock Splits

  • Oct 4, 20042:1