Great-West Lifeco Inc
TSX:GWO

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Great-West Lifeco Inc Logo
Great-West Lifeco Inc
TSX:GWO
Watchlist
Price: 66.9 CAD -0.22% Market Closed
Market Cap: 61.2B CAD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
-32%
5Y
-44%
10Y
+5%
Investing Cash Flow
+
3Y
+100%
5Y
+100%
10Y
+99%
Financing Cash Flow
+
3Y
-220%
5Y
-
10Y
-65%

Cash Flow Statement
Great-West Lifeco Inc

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Cash Flow Statement
Currency: CAD
Dec-2001 Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
546
602
800
916
962
992
1 016
1 108
1 236
1 356
1 493
1 572
1 616
1 663
1 712
1 723
1 775
1 805
1 827
1 889
1 927
1 999
2 082
2 066
2 111
2 251
2 920
2 895
1 453
1 128
332
344
1 699
1 896
2 090
1 912
1 964
1 927
2 025
2 284
2 704
2 734
2 592
2 812
2 562
2 725
2 845
2 736
2 781
2 896
3 023
3 244
3 389
3 571
3 538
3 525
3 471
3 158
3 153
3 101
3 352
3 417
3 265
3 185
2 730
2 826
3 223
3 307
3 462
3 432
2 950
2 991
2 880
2 440
2 928
2 983
3 072
3 532
3 606
3 825
3 867
3 917
3 613
3 367
3 768
3 521
3 297
3 499
2 914
3 378
4 105
4 041
4 821
4 801
4 437
4 787
Depreciation & Amortization
66
0
34
18
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Change in Deffered Taxes
(30)
(23)
48
(74)
33
15
(37)
(51)
(178)
(230)
(92)
(47)
168
315
207
183
125
57
101
143
65
2
(75)
(52)
(216)
(228)
(197)
(134)
(612)
(593)
(472)
(405)
447
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Stock-Based Compensation
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12
15
17
18
27
22
22
22
50
50
50
48
10
11
11
0
22
4
2
0
34
0
0
0
46
0
0
0
58
0
0
0
72
0
0
0
58
0
0
0
38
0
0
0
37
0
0
0
54
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Non-Cash Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
388
2 286
1 868
1 058
1 571
616
3 293
6 657
7 674
4 490
(1 489)
(3 461)
(7 005)
(5 924)
(4 833)
(3 825)
(2 062)
(1 609)
(1 060)
(4 164)
(4 155)
(4 554)
(4 025)
(2 668)
(3 329)
977
2 547
2 979
1 322
(3 548)
(4 757)
(7 527)
(8 358)
(2 651)
(1 379)
2 010
2 553
(4 613)
(7 002)
(3 903)
(2 228)
597
3 892
(1 466)
756
1 410
1 793
3 606
(2 246)
(4 841)
(8 314)
(6 946)
807
(3 266)
(1 949)
(5 699)
(3 536)
(11)
1 710
2 083
4 987
18 959
23 665
31 000
11 875
3 365
3 180
(6 489)
(1 531)
(3 336)
(15 699)
(1 676)
(4 320)
(6 138)
(931)
Cash Taxes Paid
330
0
0
0
390
0
0
0
400
0
0
0
552
0
0
0
441
0
0
0
496
0
0
0
852
0
0
0
1 136
0
0
0
369
406
437
408
(64)
(109)
(60)
(240)
(303)
(333)
(328)
41
177
300
257
118
209
410
492
472
490
292
345
374
361
331
238
224
223
255
330
344
314
347
268
366
428
342
369
302
235
312
307
281
367
345
399
442
351
337
272
242
348
303
427
450
423
500
550
626
707
710
712
728
Cash Interest Paid
49
0
0
0
59
0
0
0
107
0
0
0
213
0
0
0
201
0
0
0
216
0
0
0
276
0
0
0
301
0
0
0
342
371
485
511
287
290
288
292
290
287
290
298
283
291
272
279
275
278
300
294
298
298
297
298
295
294
295
294
294
295
293
293
296
294
286
286
282
290
291
298
301
300
291
291
286
306
312
329
348
346
372
379
408
415
429
429
453
449
391
413
410
410
438
412
Change in Working Capital
1 118
742
1 430
737
399
1 605
1 137
2 211
1 040
1 127
1 266
826
1 218
1 120
1 911
1 995
2 051
971
1 140
1 574
1 796
1 626
(823)
(760)
752
719
644
(2 346)
(3 635)
(4 374)
(372)
5 537
5 273
9 058
8 134
8 282
7 658
5 396
5 001
3 981
6 304
6 215
6 553
5 856
4 828
5 280
1 131
(268)
(734)
1 516
6 093
7 602
9 581
10 049
4 398
2 626
(358)
(314)
7 230
9 829
6 805
5 176
2 018
(1 218)
5 493
2 857
1 673
2 116
(574)
4 958
9 615
11 707
10 176
3 984
6 288
7 971
12 237
9 477
5 482
4 905
4 423
1 092
(11 095)
(19 651)
(31 267)
(10 799)
(3 981)
(5 121)
8 778
4 643
6 629
19 549
1 606
3 850
5 982
1 167
Cash from Operating Activities
1 700
N/A
1 371
-19%
2 312
+69%
1 597
-31%
1 394
-13%
2 612
+87%
2 116
-19%
3 268
+54%
2 098
-36%
2 253
+7%
2 667
+18%
2 351
-12%
3 002
+28%
3 098
+3%
3 830
+24%
3 901
+2%
3 951
+1%
2 833
-28%
3 068
+8%
3 606
+18%
3 788
+5%
4 015
+6%
3 470
-14%
3 122
-10%
3 705
+19%
4 313
+16%
3 983
-8%
3 708
-7%
3 863
+4%
3 835
-1%
3 978
+4%
3 987
+0%
3 958
-1%
4 400
+11%
4 650
+6%
5 570
+20%
5 797
+4%
5 261
-9%
5 417
+3%
5 205
-4%
4 844
-7%
4 794
-1%
4 591
-4%
4 643
+1%
4 722
+2%
4 676
-1%
4 953
+6%
5 015
+1%
5 026
+0%
5 734
+14%
5 568
-3%
6 089
+9%
5 443
-11%
5 262
-3%
5 285
+0%
4 772
-10%
5 123
+7%
5 397
+5%
5 770
+7%
5 928
+3%
6 254
+5%
6 365
+2%
5 880
-8%
5 859
0%
6 757
+15%
6 439
-5%
6 306
-2%
7 216
+14%
6 494
-10%
6 144
-5%
7 724
+26%
6 384
-17%
6 110
-4%
7 231
+18%
5 950
-18%
9 005
+51%
9 610
+7%
9 473
-1%
9 077
-4%
10 440
+15%
10 373
-1%
9 996
-4%
11 477
+15%
7 381
-36%
3 772
-49%
4 597
+22%
2 681
-42%
1 558
-42%
5 203
+234%
6 490
+25%
7 398
+14%
7 891
+7%
4 751
-40%
4 331
-9%
4 281
-1%
5 023
+17%
Investing Cash Flow
Capital Expenditures
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(20)
0
0
(57)
(31)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Items
(1 082)
(1 035)
(1 476)
(295)
(724)
(2 316)
(1 835)
(3 060)
(1 939)
(1 713)
(2 011)
(2 146)
(1 892)
(1 425)
(2 313)
(1 829)
(2 511)
(2 028)
(2 454)
(3 074)
(3 405)
(3 675)
(2 530)
(5 852)
(5 201)
(5 652)
(4 558)
(753)
(3 272)
(2 955)
(3 963)
(4 115)
(1 800)
(2 291)
(3 229)
(4 579)
(6 099)
(5 403)
(5 484)
(4 543)
(3 407)
(4 273)
(3 410)
(3 664)
(3 838)
(4 199)
(4 811)
(4 789)
(4 813)
(3 908)
(3 861)
(4 100)
(4 129)
(3 672)
(3 940)
(2 676)
(3 424)
(4 028)
(3 654)
(4 678)
(4 565)
(4 975)
(4 480)
(4 840)
(4 778)
(4 663)
(4 707)
(5 233)
(4 776)
(3 816)
(4 096)
(2 933)
(1 539)
(2 207)
(2 419)
(8 442)
(8 202)
(11 022)
(9 359)
(8 547)
(11 212)
(6 300)
(10 292)
(4 805)
(2 218)
(5 738)
(564)
2
(786)
(2 136)
(3 979)
(4 080)
(408)
(196)
(103)
(20)
Cash from Investing Activities
(1 082)
N/A
(1 035)
+4%
(1 476)
-43%
(295)
+80%
(724)
-145%
(2 316)
-220%
(1 835)
+21%
(3 060)
-67%
(1 939)
+37%
(1 713)
+12%
(2 011)
-17%
(2 146)
-7%
(1 892)
+12%
(1 425)
+25%
(2 313)
-62%
(1 829)
+21%
(2 511)
-37%
(2 028)
+19%
(2 454)
-21%
(3 074)
-25%
(3 405)
-11%
(3 675)
-8%
(2 530)
+31%
(5 852)
-131%
(5 201)
+11%
(5 652)
-9%
(4 558)
+19%
(753)
+83%
(3 292)
-337%
(2 975)
+10%
(3 983)
-34%
(4 172)
-5%
(1 831)
+56%
(2 322)
-27%
(3 260)
-40%
(4 573)
-40%
(6 099)
-33%
(5 403)
+11%
(5 484)
-1%
(4 543)
+17%
(3 407)
+25%
(4 273)
-25%
(3 410)
+20%
(3 664)
-7%
(3 838)
-5%
(4 199)
-9%
(4 811)
-15%
(4 789)
+0%
(4 813)
-1%
(3 908)
+19%
(3 861)
+1%
(4 100)
-6%
(4 129)
-1%
(3 672)
+11%
(3 940)
-7%
(2 676)
+32%
(3 424)
-28%
(4 028)
-18%
(3 654)
+9%
(4 678)
-28%
(4 565)
+2%
(4 975)
-9%
(4 480)
+10%
(4 840)
-8%
(4 778)
+1%
(4 663)
+2%
(4 707)
-1%
(5 233)
-11%
(4 776)
+9%
(3 816)
+20%
(4 096)
-7%
(2 933)
+28%
(1 539)
+48%
(2 207)
-43%
(2 419)
-10%
(8 442)
-249%
(8 202)
+3%
(11 022)
-34%
(9 359)
+15%
(8 547)
+9%
(11 212)
-31%
(6 300)
+44%
(10 292)
-63%
(4 805)
+53%
(2 218)
+54%
(5 738)
-159%
(564)
+90%
2
N/A
(786)
N/A
(2 136)
-172%
(3 979)
-86%
(4 080)
-3%
(408)
+90%
(196)
+52%
(103)
+47%
(20)
+81%
Financing Cash Flow
Net Issuance of Common Stock
(368)
(375)
(372)
(360)
(501)
(488)
(484)
457
779
778
751
135
61
79
119
134
253
253
543
256
240
254
(23)
(22)
(20)
(26)
(23)
(11)
1 257
1 253
1 253
1 244
(389)
(409)
(405)
(407)
(56)
(23)
(25)
(26)
26
263
257
457
670
439
449
1 454
988
961
1 144
(76)
115
153
(68)
(185)
(122)
(159)
(202)
(242)
(236)
(120)
147
304
263
149
(35)
(41)
(30)
(11)
(2 013)
(1 994)
(2 027)
(2 029)
(39)
(39)
18
23
67
1 597
1 603
1 625
1 581
52
43
(2)
(20)
(64)
(75)
(56)
(69)
(71)
(26)
(126)
(410)
(414)
Net Issuance of Debt
167
192
194
161
(60)
530
545
1 581
1 116
522
317
(921)
(477)
(470)
(297)
(180)
(157)
(168)
179
(302)
79
82
862
2 833
3 444
3 296
836
(979)
(1 462)
(1 405)
1
475
369
388
345
498
246
234
194
(76)
(6)
23
(177)
(155)
(410)
(380)
477
464
842
611
(90)
(88)
(446)
(433)
(465)
(506)
(137)
(116)
(60)
(31)
683
432
317
363
(337)
133
409
428
434
269
175
229
(259)
(320)
144
2 623
3 751
3 683
3 123
(10)
(768)
343
366
832
1 297
64
(852)
(813)
(1 408)
(1 178)
(265)
(131)
(60)
0
0
(689)
Cash Paid for Dividends
(320)
(334)
(349)
(363)
(379)
(394)
(407)
(455)
(500)
(542)
(584)
(604)
(627)
(661)
(695)
(724)
(755)
(784)
(816)
(849)
(878)
(909)
(938)
(970)
(1 002)
(1 036)
(1 070)
(1 099)
(1 130)
(1 163)
(1 195)
(1 213)
(1 234)
(1 237)
(1 243)
(1 250)
(1 251)
(1 255)
(1 257)
(1 260)
(1 265)
(1 267)
(1 271)
(1 276)
(1 283)
(1 291)
(1 296)
(1 314)
(1 330)
(1 341)
(1 352)
(1 352)
(1 350)
(1 371)
(1 391)
(1 407)
(1 424)
(1 441)
(1 459)
(1 476)
(1 492)
(1 512)
(1 531)
(1 557)
(1 582)
(1 606)
(1 631)
(1 650)
(1 671)
(1 694)
(1 693)
(1 692)
(1 692)
(1 691)
(1 714)
(1 736)
(1 759)
(1 758)
(1 759)
(1 760)
(1 811)
(1 861)
(1 909)
(1 958)
(1 956)
(1 984)
(2 012)
(2 039)
(2 067)
(2 100)
(2 133)
(2 166)
(2 199)
(2 249)
(2 298)
(2 345)
Other
0
0
0
0
345
339
339
339
(5)
1
0
(4)
(9)
0
(9)
(10)
(6)
0
(12)
331
(6)
0
0
663
0
0
0
(500)
(219)
(21)
(21)
(521)
(4)
(7)
(7)
(7)
(9)
(6)
(6)
(6)
0
(5)
(5)
(9)
(14)
1 229
1 228
0
(7)
(8)
(11)
(11)
(4)
0
0
0
0
0
0
0
0
0
(5)
(3)
(3)
0
2
0
0
0
(3)
(3)
(3)
0
0
0
0
0
0
(13)
(16)
(18)
(19)
(6)
(4)
(2)
(1)
(1)
0
0
0
0
0
0
0
(4)
Cash from Financing Activities
(521)
N/A
(517)
+1%
(527)
-2%
(562)
-7%
(595)
-6%
(13)
+98%
(7)
+46%
1 922
N/A
1 390
-28%
759
-45%
485
-36%
(1 394)
N/A
(1 052)
+25%
(1 061)
-1%
(882)
+17%
(780)
+12%
(665)
+15%
(705)
-6%
(106)
+85%
(564)
-432%
(565)
0%
(579)
-2%
(99)
+83%
2 504
N/A
2 422
-3%
2 234
-8%
(257)
N/A
(2 589)
-907%
(1 554)
+40%
(1 336)
+14%
38
N/A
(15)
N/A
(1 258)
-8 287%
(1 265)
-1%
(1 310)
-4%
(1 166)
+11%
(1 070)
+8%
(1 050)
+2%
(1 094)
-4%
(1 368)
-25%
(1 245)
+9%
(986)
+21%
(1 196)
-21%
(983)
+18%
(1 037)
-5%
(3)
+100%
858
N/A
599
-30%
493
-18%
(1 014)
N/A
(1 546)
-52%
(1 527)
+1%
(1 685)
-10%
(1 655)
+2%
(1 924)
-16%
(2 098)
-9%
(1 683)
+20%
(1 716)
-2%
(1 721)
0%
(1 749)
-2%
(1 045)
+40%
(1 200)
-15%
(1 072)
+11%
(893)
+17%
(1 659)
-86%
(1 327)
+20%
(1 255)
+5%
(1 263)
-1%
(1 267)
0%
(1 436)
-13%
(3 534)
-146%
(3 460)
+2%
(3 981)
-15%
(4 043)
-2%
(1 609)
+60%
848
N/A
2 010
+137%
1 948
-3%
1 431
-27%
(186)
N/A
(992)
-433%
89
N/A
19
-79%
(1 080)
N/A
(620)
+43%
(1 924)
-210%
(2 885)
-50%
(2 917)
-1%
(3 550)
-22%
(3 334)
+6%
(2 467)
+26%
(2 368)
+4%
(2 285)
+4%
(2 435)
-7%
(2 708)
-11%
(3 452)
-27%
Change in Cash
Effect of Foreign Exchange Rates
0
0
0
0
0
0
0
0
0
0
0
0
(47)
(73)
(145)
(313)
(286)
(230)
(148)
51
280
234
58
(88)
(359)
(175)
(36)
(36)
157
16
57
(87)
(292)
(555)
(519)
(212)
(215)
25
(27)
(5)
24
16
24
(79)
(8)
(11)
49
100
190
300
160
168
78
66
158
289
299
73
(15)
(154)
(198)
(71)
2
(80)
(28)
104
52
56
166
(6)
(53)
(20)
(130)
173
112
108
(100)
(418)
(310)
(189)
(40)
(144)
12
250
281
474
273
47
(40)
22
201
118
534
535
180
298
Net Change in Cash
97
N/A
(181)
N/A
309
N/A
740
+139%
75
-90%
283
+277%
274
-3%
2 130
+677%
1 549
-27%
1 299
-16%
1 141
-12%
(1 189)
N/A
11
N/A
539
+4 800%
490
-9%
979
+100%
489
-50%
(130)
N/A
360
N/A
19
-95%
98
+416%
(5)
N/A
899
N/A
(314)
N/A
567
N/A
720
+27%
(868)
N/A
330
N/A
(826)
N/A
(460)
+44%
90
N/A
(287)
N/A
577
N/A
258
-55%
(439)
N/A
(381)
+13%
(1 587)
-317%
(1 167)
+26%
(1 188)
-2%
(711)
+40%
216
N/A
(449)
N/A
9
N/A
(83)
N/A
(161)
-94%
463
N/A
1 049
+127%
925
-12%
896
-3%
1 112
+24%
321
-71%
630
+96%
(293)
N/A
1
N/A
(421)
N/A
287
N/A
315
+10%
(274)
N/A
380
N/A
(653)
N/A
446
N/A
119
-73%
330
+177%
46
-86%
292
+535%
553
+89%
396
-28%
776
+96%
617
-20%
886
+44%
41
-95%
(29)
N/A
460
N/A
1 154
+151%
2 034
+76%
1 519
-25%
3 318
+118%
(19)
N/A
839
N/A
1 518
+81%
(1 871)
N/A
3 641
N/A
1 216
-67%
1 746
+44%
1 215
-30%
(2 591)
N/A
(495)
+81%
(1 310)
-165%
827
N/A
1 042
+26%
1 153
+11%
1 561
+35%
2 592
+66%
2 235
-14%
1 650
-26%
1 849
+12%

See Also

Summary
GWO intrinsic value, competitors valuation, and company profile.
DCF Valuation
GWO stock valuation using Discount Cash Flow valuation method.
Relative Valuation
GWO stock valuation using valuation multiples.
Wall Street Estimates
GWO price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
GWO stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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