Great-West Lifeco Inc.

Toronto Stock Exchange GWO.TO

Great-West Lifeco Inc. Return on Assets (ROA) for the year ending December 31, 2023: 0.40%

Great-West Lifeco Inc. Return on Assets (ROA) is 0.40% for the year ending December 31, 2023, a -24.30% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.
  • Great-West Lifeco Inc. Return on Assets (ROA) for the year ending December 31, 2022 was 0.53%, a 2.67% change year over year.
  • Great-West Lifeco Inc. Return on Assets (ROA) for the year ending December 31, 2021 was 0.52%, a 1.00% change year over year.
  • Great-West Lifeco Inc. Return on Assets (ROA) for the year ending December 31, 2020 was 0.51%, a -7.26% change year over year.
  • Great-West Lifeco Inc. Return on Assets (ROA) for the year ending December 31, 2019 was 0.55%, a -23.65% change year over year.
Key data
Date Return on Assets (ROA) Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio
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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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