GWO

Great-West Lifeco Inc.

GWO.TO greatwestlifeco.com
92.64
+1.50 (+1.65%)
CAD · TO
52-week range
50.65
93.39
Trading at 98% of the 52-week range
Market Cap
82.93B
P/E Ratio
19.14
Forward P/E
14.39
Book Value
31.52
Div. Yield
2.81%
% Institutions
10.26%
% Insiders
71.60%

1 Year

+74.2%

3 Year

+164.8%

10 Year

+373.7%
Description

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 Information

Company Name
Great-West Lifeco Inc.
Sector
Financial Services
Industry
Insurance - Life
Exchange
TO
ISIN: CA39138C1068
CUSIP: 39138C106
Currency: CAD
Full Time Employees: 33,430
Phone: 204 946 1190
Fiscal Year End: December
Description:

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.

Address:

100 Osborne Street North, Winnipeg, MB, Canada, R3C 1V3

People

Directors & Officers

Name Title Year Born
Mr. David M. Harney President, CEO & Director 1969
Mr. Jon P. Nielsen EVP & CFO 1974
Mr. John Melvin Executive VP & Chief Investment Officer NA
Ms. Dervla Mary Tomlin Executive VP & Chief Risk Officer NA
Mr. Edmund Francis Murphy III President & CEO of Empower 1962
Andrew Conrad Senior Vice President of Corporate Finance & Treasury NA
Mr. Michael W. Dibden Executive VP & Chief Information Officer NA
Mr. Shubha Rahman Khan SVP & Head of Investor Relations NA
Ms. Sharon C. Geraghty Executive VP & General Counsel NA
Amy E. Metzger Senior VP & Chief Compliance Officer NA

Financial Highlights

Market Cap: $82.93B
EBITDA: $9.71B
P/E Ratio: $19.14
PEG Ratio: $1.77
Book Value: $31.52
Dividend/Share: $2.56
Dividend Yield: 2.81%
Earnings/Share: $4.84
Profit Margin: 12.72%
Operating Margin: 16.35%
ROA (TTM): 0.65%
ROE (TTM): 14.13%
Revenue (TTM): $36.42B
Revenue/Share (TTM): $40.08
Earnings Growth (YOY): 19.80%
Revenue Growth (YOY): 5.40%

Valuation Metrics

Enterprise Value: $83.75B
Trailing P/E: 19.14
Forward P/E: 14.39

Shares Statistics

Shares Outstanding: 895.20M
Shares Float: 281.10M
% Insiders: 71.60%
% Institutions: 10.26%
Short % Float: 10.48%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$39.10B
Cost of Goods Sold
adjust
$-25.98B
Gross Profit
subtotal
$13.13B
SG&A
adjust
$-7.10B
Other Operating Expense
adjust
$-1.34B
Operating Income
subtotal
$4.70B
Other / Non-Operating Items
adjust
$-575.00M
Net Income
subtotal
$4.12B

Earnings Per Share (EPS) History

Financial Ratios

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