Great-West Lifeco Inc. (GWLIF) Stock

About Great-West Lifeco Inc.

Great-West Lifeco Inc. is a financial services holding company with a significant presence across Canada, the United States, and Europe. Its core activities encompass life and health insurance, retirement and investment services, asset management, and reinsurance. The company provides a broad spectrum of financial and benefit plan solutions designed for individuals, families, businesses, and various organizations. These offerings include comprehensive insurance products, such as life, disability, critical illness, accidental death, dismemberment, health, dental, and creditor coverage, alongside retirement savings, income solutions, annuities, and other specialized financial products. The firm also administers employer-sponsored retirement savings plans, individual retirement accounts, and taxable brokerage accounts, complemented by enrollment services, communication materials, diverse investment options, and educational support. Additionally, Great-West Lifeco offers expert fund management, investment, and advisory services. It extends its offerings to private-label recordkeeping and administrative services, presenting a suite of investment products that incorporate equity, fixed income, absolute return, and alternative strategies. Within protection and wealth management, it furnishes payout annuities and pension products, while its reinsurance activities cover life, annuity/longevity, mortgage surety, and property catastrophe risks. Great-West Lifeco markets its products under prominent brands including Canada Life, Irish Life, Empower, Putnam Investments, and PanAgora. Its extensive distribution network encompasses advisors, dealers, brokers, managing general agencies, financial institutions, consultants, third-party administrators, its dedicated sales force, financial planners, employee benefit consultants, banks, and multi-tied agents. Established in 1891 and headquartered in Winnipeg, Canada, Great-West Lifeco Inc. operates as a subsidiary of Power Financial Corporation.

Great-West Lifeco Inc. is headquartered in CA.

Great-West Lifeco Inc. (GWLIF) stock trades at $65.92 with a market capitalization of $59.02B. The stock is valued at a price-to-earnings (P/E) ratio of 18.76, price-to-book of 2.62, price-to-sales of 2.21. Over the past 52 weeks the stock has ranged between $38.23 and $66.82, and currently trades 1.3% below its 52-week high. It pays a dividend yielding 2.90%.

On profitability, Great-West Lifeco Inc. generates a return on equity (ROE) of 15.48%, above the typical market average, return on capital employed of 0.81%, an operating margin of 20.48%, a net profit margin of 12.49%.

In its most recent fiscal year, Great-West Lifeco Inc. reported annual revenue of $39.1B, net profit of $4.1B, revenue has compounded at -8.4% a year over the last five years, profit at 6.0% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.29 — a conservative balance sheet with little leverage risk, a current ratio of 6.07, total assets of $862.8B, $8.2B in cash and equivalents.

GWLIF has an average daily trading volume of 56,074 shares, a beta of 0.69 (less volatile than the overall market).

Official website: www.greatwestlifeco.com