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Great-West Lifeco Inc (GWO.TO)

Great-West Lifeco Inc (GWO.TO)
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Great-West Lifeco is one of the Big Three Canadian life insurers. The firm's Canadian business contributed around 31% of its 2025 adjusted earnings. The firm generates a further 29% 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 December 2025.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Jun, 2026 Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025
Sales 12,720,000 7,731,000 6,761,000 11,393,000 10,392,000
Sales Growth +64.53% +14.35% -40.66% +9.63% -1.57%
Net Income 1,089,000 1,242,000 1,097,000 1,204,000 927,000
Net Income Growth -12.32% +13.22% -8.89% +29.88% +3.92%
(Values in U.S. Thousands) Jun, 2026 Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025
Total Assets 946,011,000 863,797,000 862,828,000 858,676,000 814,842,000
Total Assets Growth +9.52% +0.11% +0.48% +5.38% +1.33%
Total Liabilities 911,409,000 830,632,000 829,825,000 825,461,000 782,146,000
Total Liabilities Growth +9.72% +0.10% +0.53% +5.54% +1.44%
(Values in U.S. Thousands) Jun, 2026 Mar, 2026 Sep, 2025 Jun, 2025 Mar, 2025
Operating Cash Flow 721,000 2,107,000 -315,000 1,705,000 1,485,000
Operating Cash Flow Growth -65.78% +768.89% -118.48% +14.81% +989.22%
Net Cash Flow -94,000 884,000 -1,741,000 367,000 559,000
Change in Net Cash Flow -110.63% +150.78% -574.39% -34.35% +165.38%
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