GWO-PM.TO
Financial ServicesGreat-West Lifeco Inc · Insurance - Life · $50B
What is Great-West Lifeco Inc?
Great-West Lifeco is a large-cap Canadian financial services company operating across life and health insurance, retirement services, asset management, and reinsurance. It serves individuals, families, and institutions across Canada, the United States, and Europe.
The company generates revenue through insurance premiums, retirement savings plan fees, asset management mandates, and reinsurance contracts. Its brands — Canada Life, Irish Life, and Empower — serve a broad range of customers from individual policyholders to large institutional investors. Distribution runs through advisors, brokers, financial institutions, and third-party administrators across multiple geographies.
Great-West Lifeco in its current form was established in 2010 and is headquartered in Winnipeg, Canada.
- Life, health, and disability insurance products
- Retirement savings plans and annuity solutions
- Asset management for institutional and wealth clients
- Reinsurance including life, longevity, and property catastrophe coverage
Is GWO-PM.TO a Good Stock to Buy?
UQS Score rates GWO-PM.TO as Good overall, reflecting a balanced profile across its five analytical pillars.
The Risk pillar stands out as the strongest element of the profile, suggesting the business carries a relatively stable financial structure compared to sector peers. Valuation also registers as Good, indicating the preferred shares are not priced at a significant premium relative to fundamentals.
Growth comes in as the weakest pillar, pointing to limited near-term expansion momentum. Quality and Moat both sit at Neutral, suggesting the competitive position is adequate but not distinctly differentiated.
Pro members can view the complete pillar breakdown and underlying financial metrics behind this rating at uqs-score.com. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does GWO-PM.TO pay dividends?
Yes — Great-West Lifeco Inc pays a dividend.
GWO-PM.TO pays a regular dividend, consistent with the nature of preferred shares issued by large financial services companies. Preferred share dividends are typically fixed or reset-rate, offering income-focused investors a degree of predictability. This structure reflects Great-West Lifeco's long-standing role as a capital-allocating financial institution serving policyholders and shareholders alike.
When does GWO-PM.TO report earnings?
Great-West Lifeco reports earnings on a quarterly cadence, typical for TSX-listed financial services companies.
The company's earnings profile reflects its diversified mix of insurance, retirement, and asset management revenues across multiple geographies. Growth has been measured rather than rapid, consistent with the Weak Growth pillar label in the UQS framework. Underlying profitability is supported by the company's scale and multi-brand distribution network.
For the most recent quarter's results and guidance, visit Great-West Lifeco's investor relations page directly.
GWO-PM.TO Price History
+30.2% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Great-West Lifeco Inc?
Based on Great-West Lifeco Inc's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
GWO-PM.TO Long-term Outlook
The fundamental outlook for GWO-PM.TO is shaped by a Strong Risk profile and a Weak Growth profile. This combination suggests the business is positioned for stability rather than rapid expansion. The diversified geographic footprint across Canada, the US, and Europe provides some buffer against regional economic cycles, though meaningful acceleration in earnings growth is not clearly indicated by the current pillar profile.
Growth drivers
- Expansion of retirement and wealth management services across North America and Europe
- Growing demand for annuity and longevity risk solutions among aging populations
- Institutional asset management mandates through the Empower and Canada Life platforms
Key risks
- Prolonged low-growth environment limiting fee and premium income expansion
- Interest rate sensitivity affecting annuity pricing and investment returns
- Regulatory complexity across multiple jurisdictions in Canada, the US, and Europe
GWO-PM.TO vs Peers
Great-West Lifeco operates alongside other large-cap life and health insurers, each with distinct geographic and product emphases.
Manulife has a significant Asia-Pacific presence that distinguishes its growth profile from Great-West Lifeco's predominantly North American and European footprint.
MetLife is a US-domiciled global insurer with a large group benefits and employee benefits franchise, competing directly in the employer-sponsored retirement and insurance space.
This is a separate preferred share series issued by the same parent company, offering investors a different reset-rate structure within the same corporate credit profile.
Frequently Asked Questions
What does Great-West Lifeco do?
Great-West Lifeco provides life and health insurance, retirement savings plans, asset management, and reinsurance services. It operates under the Canada Life, Irish Life, and Empower brands, serving individuals, employers, and institutional clients across Canada, the United States, and Europe.
Does GWO-PM.TO pay dividends?
Yes, GWO-PM.TO is a preferred share that pays a regular dividend. Preferred share dividends from large financial institutions like Great-West Lifeco are typically structured as fixed or reset-rate payments, making them relevant for income-focused investors. Check the company's investor relations page for current dividend details.
When does GWO-PM.TO report earnings?
Great-West Lifeco reports on a quarterly cadence, as is standard for TSX-listed financial companies. Our data source does not cover specific upcoming earnings dates. For the next scheduled release, refer to the company's investor relations page.
Is GWO-PM.TO a good stock to buy?
UQS Score rates GWO-PM.TO as Good overall. The Risk pillar is the standout strength, and Valuation is also rated Good. Growth is the weakest pillar. Whether this profile suits your portfolio depends on your income and risk objectives. Pro members can access the full pillar breakdown for a deeper view.
Is GWO-PM.TO overvalued?
The UQS Valuation pillar for GWO-PM.TO is rated Good, suggesting the preferred shares are not trading at a significant premium relative to the underlying fundamentals. For the specific metrics driving this assessment, the full analysis is available to Pro members at uqs-score.com.
How does GWO-PM.TO compare to its competitors?
Great-West Lifeco competes with large insurers like Manulife and MetLife. Its multi-brand, multi-geography model spans Canada, the US, and Europe. Compared to peers, its Risk pillar is a relative strength, while its Growth profile is more subdued. See the competitor section above for a side-by-side UQS comparison.
What is GWO-PM.TO's market cap bracket?
Great-West Lifeco is classified as a large-cap company, reflecting its scale as one of Canada's major diversified financial services groups with operations spanning multiple continents and product lines.
Who founded Great-West Lifeco?
Great-West Lifeco's roots trace back to the Great-West Life Assurance Company, which was founded in 1891. The current holding company structure was established in 2010. Detailed corporate history is publicly available through the company's official website and investor relations materials.
Is GWO-PM.TO a long-term quality investment?
As a long-term quality indicator, GWO-PM.TO scores Good on the UQS framework. The Strong Risk pillar and Good Valuation suggest a stable foundation, though the Weak Growth pillar indicates limited earnings expansion momentum. Long-term suitability depends on whether income stability or growth is your primary objective.
What sector does GWO-PM.TO belong to?
GWO-PM.TO belongs to the Financial Services sector, specifically within the life and health insurance and diversified financial services industry. It operates alongside other large Canadian and global insurers offering retirement, asset management, and reinsurance solutions.
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Pro Analysis
GWO-PM.TO — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 56.7 | 66.3 | 43.0 | 20.0 | 100.0 | 69.4 | +4.2 |
| May 7, 2026 | 52.5 | 52.6 | 43.0 | 19.9 | 96.8 | 67.0 | +0.1 |
| May 3, 2026 | 52.4 | 52.6 | 43.0 | 19.9 | 96.8 | 66.9 | -0.1 |
| Apr 25, 2026 | 52.5 | 52.6 | 43.0 | 19.9 | 96.8 | 67.0 | -0.3 |
| Apr 22, 2026 | 52.8 | 52.6 | 43.0 | 19.9 | 96.8 | 69.0 | -1.0 |
| Apr 21, 2026 | 53.8 | 52.6 | 43.0 | 24.9 | 96.8 | 69.0 | +0.1 |
| Apr 19, 2026 | 53.7 | 52.6 | 43.0 | 24.9 | 96.8 | 68.7 | 0.0 |
| Apr 18, 2026 | 53.7 | 52.6 | 43.0 | 24.9 | 96.8 | 68.9 | -0.7 |
| Apr 16, 2026 | 54.4 | 52.6 | 43.0 | 24.9 | 96.8 | 73.0 | -0.1 |
| Apr 15, 2026 | 54.5 | 52.9 | 43.0 | 24.9 | 96.8 | 73.7 | -0.1 |
GWO-PM.TO — Pillar Breakdown
Quality
— 66.3/100 (25%)Great-West Lifeco Inc shows solid profitability with healthy returns on capital and reasonable margins.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 20.0/100 (20%)Great-West Lifeco Inc faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Risk
— 100.0/100 (15%)Great-West Lifeco Inc carries minimal financial risk with conservative leverage and strong solvency.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 69.3/100 (15%)Great-West Lifeco Inc trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
Enterprise value multiple relative to sector median.
Moat
— 43/100 (25%)Great-West Lifeco Inc possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for GWO-PM.TO.
Score Composition
Financial Data
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How is the GWO-PM.TO UQS Score Calculated?
The UQS (Unified Quality Score) for Great-West Lifeco Inc is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Great-West Lifeco Inc's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Great-West Lifeco Inc is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.