Great-West Lifeco revenue and financials

GWO · TSX · CAD

$89.07−0.54%−$0.48

Close · October 6, 2026

In the fiscal year ended December 2025, Great-West Lifeco reported revenue of $35.45B (+2.04% year over year). Net income was $4.12B, a net margin of 11.6%.

Annual revenue · 2025: $35.45B

$46.42B2016
$47.12B2017
$44B2018
$44.71B2019
$60.67B2020
$64.45B2021
$30.39B2022
$31.24B2023
$34.74B2024
$35.45B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: +2.04%; 2025 vs 2024
Net income growth: +1.23%; 2025 vs 2024
Net margin: 11.6%; 2024: 11.7%

Financial data

Amounts in millions of CAD; per-share values in CAD; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	862,828	802,163	713,230	672,206	630,488	600,490	451,167	427,689	419,838	399,733
Cash and equivalents	8,194	9,564	7,053	6,411	4,772	5,060	4,054	3,829	3,307	3,074
Short-term investments	14,342	15,142	11,750	12,701	—	—	—	—	—	—
Receivables	7,473	6,600	5,791	5,229	—	—	—	—	—	—
Net property, plant and equipment	1,498	1,446	1,374	1,494	1,547	1,604	1,648	1,179	1,009	953
Goodwill	11,283	11,428	11,249	10,611	9,081	10,106	6,505	6,548	6,179	5,977
Other intangible assets	4,912	4,958	4,484	6,230	—	—	—	—	—	—
Long-term investments	236,851	228,520	175,822	173,364	—	—	—	—	—	—
Accounts payable	3,981	3,524	3,216	2,758	—	—	—	—	—	—
Long-term debt	12,423	13,116	11,964	9,632	8,618	—	—	—	—	—
Total debt	13,415	14,019	12,760	11,290	—	—	—	—	—	—
Total liabilities	829,825	769,509	683,379	643,411	—	—	—	—	—	—
Total equity (incl. minority)	33,003	32,654	29,851	28,795	30,483	—	—	—	—	—
Retained earnings	17,503	17,266	15,492	14,976	16,424	14,990	13,660	13,342	12,098	11,465
Minority interest	3,146	3,113	3,015	2,886	3,267	2,987	2,866	2,875	2,935	3,006