Great-West Lifeco Inc

GWO-PT · TO · Financial Services / Insurance - Life

22.72CAD+0.16 (+0.71%)

Price History

Full chart

Market Stats

Previous Close22.56

Open22.55

Day Range22.45 – 22.72

52-Week Range21.81 – 23.99

Volume4.80K

Market Cap28.43B

P/E (TTM)6.56

Forward P/E0.00

EPS3.42

Dividend Yield5.73%

Beta0.66

50-Day Avg23.25

200-Day Avg23.35

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: CAD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	47.01B	44.03B	44.70B	60.60B	64.45B	44.70B	36.73B	34.72B	39.10B
Growth (%)	-	-6.33%	+1.51%	+35.57%	+6.35%	-30.63%	-17.84%	-5.47%	+12.62%
Net Income	2.28B	3.09B	2.49B	3.08B	3.26B	3.35B	2.87B	4.07B	4.12B
Net Income Margin	4.85%	7.03%	5.58%	5.08%	5.06%	7.49%	7.81%	11.72%	10.54%
Interest Expense	0	203.00M	288.00M	289.00M	334.00M	388.00M	410.00M	390.00M	367.00M
Interest Expense % of Total Revenue	0.00%	0.46%	0.64%	0.48%	0.52%	0.87%	1.12%	1.12%	0.94%

Balance Sheet

Currency: CAD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	419.84B	427.69B	451.17B	600.49B	630.49B	701.46B	713.23B	802.16B	862.83B
Total Liabilities	394.30B	400.29B	425.62B	573.48B	600.00B	669.14B	683.38B	769.51B	829.83B
Total Equity	22.60B	24.52B	22.68B	24.03B	27.22B	29.01B	26.84B	29.54B	29.86B
Cash	3.55B	4.17B	4.63B	7.95B	6.08B	6.41B	7.05B	9.56B	8.19B
Net Debt	2.50B	2.75B	1.74B	2.19B	3.14B	4.37B	2.24B	284.00M	4.88B

Cash Flow

Currency: CAD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	6.76B	6.49B	6.11B	9.61B	10.37B	7.05B	1.68B	4.75B	2.71B
Investing Cash Flow	-4.78B	-4.78B	-1.54B	-8.20B	-11.21B	-5.49B	-	-	-
Financing Cash Flow	-1.66B	-1.27B	-3.98B	2.01B	-992.00M	-620.00M	-2.92B	-2.29B	-4.32B
Capital Expenditure	0	0	0	0	0	0	0	0	0
Free Cash Flow	6.76B	6.49B	6.11B	9.61B	10.37B	7.05B	1.68B	4.75B	2.71B
Dividends Paid	1.58B	1.67B	1.69B	1.76B	1.81B	1.96B	2.04B	2.20B	2.41B
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	23.41%	25.73%	27.69%	18.30%	17.46%	27.76%	121.44%	46.28%	89.11%

Earnings

Report Date	Nov 2, 1995	Jan 26, 1996	Apr 24, 1996	Jul 24, 1996	Oct 31, 1996	Jan 30, 1997	Apr 24, 1997	Jul 24, 1997	Oct 30, 1997	Jan 29, 1998	Apr 23, 1998	Jul 24, 1998	Oct 29, 1998	Jan 28, 1999	Apr 22, 1999	Jul 22, 1999	Oct 28, 1999	Feb 3, 2000	May 1, 2000	Jul 26, 2000	Oct 26, 2000	Jan 31, 2001	Apr 26, 2001	Jul 25, 2001	Nov 1, 2001	Jan 31, 2002	Apr 25, 2002	Jul 30, 2002	Oct 29, 2002	Jan 30, 2003	May 1, 2003	Jul 30, 2003	Oct 29, 2003	Jan 29, 2004	Apr 29, 2004	Jul 28, 2004	Oct 28, 2004	Feb 17, 2005	May 5, 2005	Aug 4, 2005	Nov 2, 2005	Feb 16, 2006	May 4, 2006	Aug 2, 2006	Nov 1, 2006	Feb 15, 2007	May 3, 2007	Aug 1, 2007	Nov 1, 2007	Feb 14, 2008	May 1, 2008	Jul 30, 2008	Oct 30, 2008	Feb 12, 2009	May 7, 2009	Aug 6, 2009	Nov 5, 2009	Feb 11, 2010	May 6, 2010	Aug 4, 2010	Nov 10, 2010	Feb 10, 2011	May 5, 2011	Aug 3, 2011	Nov 10, 2011	Feb 9, 2012	May 9, 2012	Aug 1, 2012	Nov 8, 2012	Feb 7, 2013	May 2, 2013	Jul 31, 2013	Nov 7, 2013	Feb 13, 2014	May 8, 2014	Aug 6, 2014	Nov 6, 2014	Feb 12, 2015	May 7, 2015	Aug 5, 2015	Nov 5, 2015	Feb 11, 2016	May 5, 2016	Aug 3, 2016	Nov 3, 2016	Feb 9, 2017	May 4, 2017	Aug 2, 2017	Nov 2, 2017	Feb 8, 2018	May 3, 2018	Aug 1, 2018	Oct 31, 2018	Feb 6, 2019	May 2, 2019	Jul 31, 2019	Oct 30, 2019	Feb 12, 2020	May 6, 2020	Aug 4, 2020
EPS Estimate	0.09	0.09	0.09	0.10	0.11	0.11	0.11	0.12	0.12	0.13	0.14	0.14	0.15	0.15	0.16	0.17	0.18	0.20	0.20	0.22	0.22	0.22	0.22	0.25	0.25	0.27	0.28	0.31	0.31	0.32	0.34	0.35	0.37	0.39	0.43	0.45	0.47	0.49	0.49	0.50	0.51	0.52	0.52	0.52	0.54	0.56	0.58	0.59	0.61	0.63	0.62	0.62	0.51	0.46	0.47	0.49	0.48	0.46	0.47	0.45	0.48	0.51	0.46	0.49	0.48	0.49	0.49	0.48	0.51	0.52	0.53	0.54	0.59	0.61	0.60	0.62	0.63	0.66	0.67	0.69	0.68	0.71	0.71	0.68	0.68	0.68	0.70	0.62	0.65	0.60	0.74	0.75	0.75	0.74	0.77	0.70	0.76	0.79	0.59	0.60
EPS Actual	0.09	0.10	0.10	0.10	0.11	0.11	0.11	0.12	0.13	0.13	0.13	0.15	0.15	0.16	0.16	0.19	0.18	0.19	0.19	0.22	0.22	0.24	0.22	0.25	0.27	0.26	0.30	0.32	0.33	0.32	0.35	0.36	0.37	0.41	0.43	0.45	0.47	0.48	0.47	0.51	0.47	0.52	0.50	0.51	0.53	0.55	0.57	0.61	0.62	0.60	0.60	0.63	0.49	0.59	0.35	0.44	0.47	0.47	0.46	0.46	0.51	0.54	0.44	0.55	0.48	0.52	0.47	0.46	0.54	0.52	0.54	0.55	0.59	0.74	0.59	0.62	0.70	0.67	0.70	0.66	0.72	0.69	0.62	0.67	0.68	0.69	0.60	0.59	0.59	0.74	0.74	0.78	0.75	0.72	0.67	0.70	0.79	0.80	0.59	0.76
Surprise	0.00%	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%	0.00%	9.09%	0.00%	0.00%	8.00%	-3.70%	7.14%	3.23%	6.45%	0.00%	2.94%	2.86%	0.00%	5.13%	0.00%	0.00%	0.00%	-2.04%	-4.08%	2.00%	-7.84%	0.00%	-3.85%	-1.92%	-1.85%	-1.79%	-1.72%	3.39%	1.64%	-4.76%	-3.23%	1.61%	-3.92%	28.26%	-25.53%	-10.20%	-2.08%	2.17%	-2.13%	2.22%	6.25%	5.88%	-4.35%	12.24%	0.00%	6.12%	-4.08%	-4.17%	5.88%	0.00%	1.89%	1.85%	0.00%	21.31%	-1.67%	0.00%	11.11%	1.52%	4.48%	-4.35%	5.88%	-2.82%	-12.68%	-1.47%	0.00%	1.47%	-14.29%	-4.84%	-9.23%	23.33%	0.00%	4.00%	0.00%	-2.70%	-12.99%	0.00%	3.95%	1.27%	0.00%	26.67%
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	Pre-market	Pre-market	After-hours	Pre-market	After-hours	After-hours

Key Statistics & Ratios

Market Cap28.43B

Enterprise Value-165.96B

Trailing P/E6.56

Forward P/E0.00

Price / Sales0.80

Price / Book0.00

EPS3.42

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 Outstanding988.38M

Shares Float282.44M

Beta0.66

Dividend Yield5.73%

Dividend Rate1.29

Payout Ratio0.00%

Dividends

20263×

0.32Sep 1, 20260.32Jun 2, 20260.32Mar 3, 2026

20254×

0.32Dec 3, 20250.32Aug 29, 20250.32Jun 2, 20250.32Mar 3, 2025

20244×

0.32Dec 3, 20240.32Aug 30, 20240.32May 31, 20240.32Feb 28, 2024

20234×

0.32Nov 29, 20230.32Aug 30, 20230.32May 30, 20230.32Mar 2, 2023

20224×

0.32Dec 1, 20220.32Aug 31, 20220.32Jun 1, 20220.32Mar 2, 2022

20214×

0.32Dec 2, 20210.32Sep 1, 20210.32Jun 1, 20210.32Mar 2, 2021

20201×

0.32Dec 2, 2020