GWLIF
Company Description
Great-West Lifeco Inc., a financial services holding company, engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers a portfolio of financial and benefit plan solutions for individuals, families, businesses, and organizations; life, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance products; and retirement savings and income, annuity, and other specialty products. It also provides employer-sponsored retirement savings plans, individual retirement and taxable brokerage accounts, enrollment services, communication materials, investment options, and education services; and fund management, investment, and advisory services. In addition, the company offers private-label recordkeeping and administrative services; and investment products, including equity, fixed income, absolute return, and alternative strategies. Further, it provides protection and wealth management products, including payout annuity products; pension products; and life, annuity/longevity, mortgage surety, and property catastrophe reinsurance products. The company offers its products under the Canada Life, Irish Life, Empower, Putnam Investments, and PanAgora brand names. It distributes its products through a network of advisors, dealers, brokers, managing general agencies, financial institutions, consultants, third-party administrators, sales force, financial planners, employee benefit consultants, banks, and multi-tied agents. The company was founded in 1891 and is based in Winnipeg, Canada. Great-West Lifeco Inc. operates as a subsidiary of Power Financial Corporation.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 39.10B | 34.72B | 36.73B | (2.69B) | 64.45B | 60.60B | 44.75B | 44.03B | 47.12B | 46.38B | 33.82B | 39.18B |
| Net Income | 4.12B | 4.07B | 2.87B | 3.73B | 3.26B | 3.08B | 2.49B | 3.09B | 2.28B | 2.76B | 2.89B | 2.67B |
| EPS | 4.29 | 4.23 | 3.06 | 3.86 | 3.37 | 3.17 | 2.49 | 3.13 | 2.17 | 2.67 | 2.77 | 2.55 |
| Free Cash Flow | 2.71B | 4.75B | 5.20B | 7.05B | 10.37B | 9.61B | 6.11B | 4.55B | 6.76B | 6.25B | N/A | N/A |
| FCF / Share | 2.93 | 5.01 | 5.57 | 7.56 | 11.16 | 10.36 | 6.46 | 4.61 | 6.83 | 6.32 | N/A | N/A |
| Operating CF | 2.71B | 4.75B | 5.20B | 7.05B | 10.37B | 9.61B | 6.11B | 6.49B | 6.76B | 6.25B | N/A | N/A |
| Total Assets | 862.83B | 802.16B | 713.23B | 701.46B | 630.49B | 600.49B | 451.17B | 427.69B | 419.84B | 399.91B | N/A | N/A |
| Total Debt | 13.41B | 10.23B | 9.65B | 11.29B | 9.73B | 10.71B | 6.96B | 6.92B | 6.05B | 6.43B | N/A | N/A |
| Cash & Equiv | 8.19B | 9.56B | 7.05B | 6.41B | 4.77B | 7.95B | 4.63B | 4.17B | 3.55B | 3.26B | N/A | N/A |
| Book Value | 29.86B | 29.54B | 26.84B | 29.01B | 27.22B | 24.03B | 22.68B | 24.52B | 22.60B | 22.00B | N/A | N/A |
| Return on Equity | 0.14 | 0.14 | 0.11 | 0.13 | 0.12 | 0.13 | 0.11 | 0.13 | 0.10 | 0.13 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.73B | 6.76B | 11.88B | 10.39B | 10.56B | 3.17B | 15.84B | 8.22B | 7.49B | 18.99B | 2.98B | 5.53B |
| Net Income | 1.24B | 1.10B | 1.21B | 927.00M | 892.00M | 1.15B | 891.00M | 1.04B | 992.00M | 773.00M | 937.00M | 531.00M |
| EPS | 1.32 | 1.41 | 1.26 | 0.96 | 0.92 | 1.16 | 0.92 | 1.08 | 1.03 | 0.79 | 0.97 | 0.53 |
| Free Cash Flow | 2.11B | (315.00M) | 1.71B | 1.49B | (167.00M) | 2.00B | 963.00M | 1.53B | 253.00M | 5.14B | 470.00M | 627.00M |
| FCF / Share | 2.33 | -0.47 | 2.57 | 1.60 | -0.18 | 2.08 | 1.00 | 1.65 | 0.27 | 5.30 | 0.50 | 0.67 |
| Operating CF | 2.11B | (315.00M) | 1.71B | 1.49B | (167.00M) | 2.00B | 963.00M | 1.53B | 253.00M | 5.14B | 470.00M | 627.00M |
| Total Assets | 863.80B | 862.83B | 859.89B | 814.84B | 804.14B | 802.16B | 779.74B | 749.56B | 736.72B | 695.90B | 680.01B | 690.00B |
| Total Debt | 8.86B | 13.41B | 10.25B | 9.29B | 9.54B | 10.23B | 9.11B | 9.14B | 9.06B | 11.21B | 9.21B | 9.20B |
| Cash & Equiv | 9.86B | 8.19B | 10.75B | 10.23B | 9.94B | 9.56B | 8.89B | 8.58B | 7.71B | 7.74B | 6.98B | 7.17B |
| Book Value | 29.93B | 29.86B | 28.60B | 29.54B | 29.91B | 29.54B | 28.22B | 26.36B | 27.30B | 25.34B | 26.61B | 25.85B |
| Return on Equity | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.04 | 0.03 | 0.04 | 0.04 | 0.03 | 0.04 | 0.02 |