Great-West Lifeco Inc.

Toronto Stock Exchange GWO.TO

Great-West Lifeco Inc. Net Income Margin for the year ending December 31, 2023: 11.35%

Great-West Lifeco Inc. Net Income Margin is 11.35% for the year ending December 31, 2023, a 36.18% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.
  • Great-West Lifeco Inc. Net Income Margin for the year ending December 31, 2022 was 8.33%, a 64.67% change year over year.
  • Great-West Lifeco Inc. Net Income Margin for the year ending December 31, 2021 was 5.06%, a -0.29% change year over year.
  • Great-West Lifeco Inc. Net Income Margin for the year ending December 31, 2020 was 5.08%, a -8.95% change year over year.
  • Great-West Lifeco Inc. Net Income Margin for the year ending December 31, 2019 was 5.58%, a -20.66% change year over year.
Key data
Date Net Income Margin EBITDA Margin EBIT Margin EBITDA
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Toronto Stock Exchange: GWO.TO

Great-West Lifeco Inc.

CEO Mr. Paul Anthony Mahon
IPO Date July 8, 2002
Location Canada
Headquarters 100 Osborne Street North
Employees 33,500
Sector Finance
Industries
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.

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StockViz Staff

January 15, 2025

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