Great-West Lifeco Inc.

TSX:GWO.PRI Stock Report

Market Cap: CA$43.9b

Great-West Lifeco Past Earnings Performance

Past criteria checks 4/6

Great-West Lifeco has been growing earnings at an average annual rate of 6.1%, while the Insurance industry saw earnings growing at 13% annually. Revenues have been declining at an average rate of 11.9% per year. Great-West Lifeco's return on equity is 12.3%, and it has net margins of 10.9%.

Key information

6.1%

Earnings growth rate

6.2%

EPS growth rate

Insurance Industry Growth20.6%
Revenue growth rate-11.9%
Return on equity12.3%
Net Margin10.9%
Next Earnings Update05 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Great-West Lifeco makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:GWO.PRI Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2433,3093,6386,9490
30 Jun 2433,0363,7156,7340
31 Mar 2432,1723,2796,5760
31 Dec 2331,2432,8626,4020
30 Sep 2328,4682,5976,1830
30 Jun 2328,9602,6475,9970
31 Mar 2329,4742,9085,8940
31 Dec 2230,3933,6285,6040
30 Sep 2240,8703,9155,7310
30 Jun 2250,5963,8015,9520
31 Mar 2261,2033,7556,0430
31 Dec 2164,4473,1286,3370
30 Sep 2163,2633,2756,1470
30 Jun 2159,5763,2295,9550
31 Mar 2161,3053,3085,6900
31 Dec 2060,6732,9435,4920
30 Sep 2054,3872,5445,2920
30 Jun 2055,0202,4485,1850
31 Mar 2038,1012,0445,2650
31 Dec 1944,7112,3595,2310
30 Sep 1945,7232,5565,2440
30 Jun 1943,3802,5155,2300
31 Mar 1951,2602,8875,0970
31 Dec 1844,0032,9615,0330
30 Sep 1845,2552,6434,9590
30 Jun 1843,4492,5354,8240
31 Mar 1843,8492,2894,7370
31 Dec 1747,1242,1494,7050
30 Sep 1742,0332,4334,7180
30 Jun 1745,2152,5264,7890
31 Mar 1746,9672,6124,7960
31 Dec 1646,4162,6414,7990
30 Sep 1646,9112,6484,7240
30 Jun 1642,1002,6944,6760
31 Mar 1633,5012,6824,5960
31 Dec 1533,8202,7624,4660
30 Sep 1536,2392,7364,2960
30 Jun 1536,0972,7034,0520
31 Mar 1541,9402,6593,8860
31 Dec 1439,1982,5463,7410
30 Sep 1436,4902,6063,6650
30 Jun 1435,2422,4423,5910
31 Mar 1428,7952,3483,3960
31 Dec 1326,4102,2783,1590

Quality Earnings: GWO.PRI has high quality earnings.

Growing Profit Margin: GWO.PRI's current net profit margins (10.9%) are higher than last year (9.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GWO.PRI's earnings have grown by 6.1% per year over the past 5 years.

Accelerating Growth: GWO.PRI's earnings growth over the past year (40.1%) exceeds its 5-year average (6.1% per year).

Earnings vs Industry: GWO.PRI earnings growth over the past year (40.1%) did not outperform the Insurance industry 40.1%.


Return on Equity

High ROE: GWO.PRI's Return on Equity (12.3%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 12:19
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Great-West Lifeco Inc. is covered by 22 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John AikenBarclays
Alex ScottBarclays
Tom MacKinnonBMO Capital Markets Equity Research