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Great-West Lifeco Inc (GWO.TO)

Great-West Lifeco Inc (GWO.TO)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Great-West Lifeco is one of the Big Three Canadian life insurers. The firm's Canadian business contributed around 30% of adjusted earnings. The firm generates a further 32% of adjusted earnings from the United States, attributable to its recordkeeping business, Empower, and its US life insurance business. Great-West Lifeco also offers various products across European markets with a strong presence in the UK and Ireland, which collectively accounted for 20% of adjusted earnings, while the firm's reinsurance business accounts for the remainder. Great-West Lifeco had around CAD 3.5 trillion of assets under administration across its business segments at the end of September 2025.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 39,104,000 34,723,000 36,731,000 44,704,000 64,447,000
Sales Growth +12.62% -5.47% -17.84% -30.63% +6.35%
Net Income 4,120,000 4,070,000 2,868,000 3,349,000 3,262,000
Net Income Growth +1.23% +41.91% -14.36% +2.67% +6.05%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 862,828,000 802,163,000 713,230,000 701,455,000 630,488,000
Total Assets Growth +7.56% +12.47% +1.68% +11.26% +5.00%
Total Liabilities 829,825,000 769,509,000 683,379,000 669,137,000 600,005,000
Total Liabilities Growth +7.84% +12.60% +2.13% +11.52% +4.63%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 2,708,000 4,751,000 5,203,000 7,047,000 10,373,000
Operating Cash Flow Growth -43.00% -8.69% -26.17% -32.06% +7.94%
Net Cash Flow -1,670,000 2,058,000 867,000 934,000 -1,831,000
Change in Net Cash Flow -181.15% +137.37% -7.17% +151.01% -153.57%
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