See more : Commonwealth Bank of Australia (CBA.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Globe Life Inc. (GL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Globe Life Inc., a leading company in the Insurance – Life industry within the Financial Services sector.
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Globe Life Inc. (GL)
About Globe Life Inc.
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is headquartered in McKinney, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.45B | 5.21B | 5.11B | 4.74B | 4.53B | 4.30B | 4.16B | 3.93B | 3.77B | 3.96B | 3.77B | 3.59B | 3.38B | 3.37B | 3.22B | 3.33B | 3.49B | 3.42B | 3.13B | 3.07B | 2.93B | 2.74B | 2.71B | 2.52B | 2.23B | 2.16B | 2.28B | 2.21B | 2.07B | 1.92B | 2.18B | 2.05B | 1.93B | 1.80B | 1.63B | 1.66B | 1.59B | 1.56B | 1.37B |
| Cost of Revenue | 347.83M | 353.95M | 322.03M | 301.04M | 304.83M | 279.59M | 257.26M | 232.06M | 223.86M | 222.65M | 214.69M | 198.18M | 201.64M | 176.27M | 174.09M | 185.21M | 173.41M | 169.77M | 172.86M | 151.20M | 142.36M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 5.10B | 4.86B | 4.79B | 4.44B | 4.22B | 4.02B | 3.90B | 3.70B | 3.54B | 3.74B | 3.56B | 3.39B | 3.18B | 3.19B | 3.05B | 3.14B | 3.31B | 3.25B | 2.95B | 2.92B | 2.79B | 2.74B | 2.71B | 2.52B | 2.23B | 2.16B | 2.28B | 2.21B | 2.07B | 1.92B | 2.18B | 2.05B | 1.93B | 1.80B | 1.63B | 1.66B | 1.59B | 1.56B | 1.37B |
| Gross Profit Ratio | 93.61% | 93.21% | 93.70% | 93.65% | 93.27% | 93.50% | 93.81% | 94.10% | 94.06% | 94.38% | 94.31% | 94.48% | 94.03% | 94.77% | 94.60% | 94.43% | 95.03% | 95.04% | 94.47% | 95.08% | 95.14% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 331.90M | 334.99M | 301.90M | 286.84M | 304.83M | 280.00M | 257.00M | 232.00M | 214.86M | 212.16M | 204.54M | 187.01M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 9.40M | 10.00M | 9.80M | 9.50M | 29.29M | 9.30M | 9.30M | 9.70M | 8.00M | 6.00M | 16.00M | 124.13M | 125.33M | 131.13M | 145.98M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 331.90M | 334.99M | 301.90M | 286.84M | 304.83M | 280.00M | 257.00M | 232.00M | 214.86M | 212.16M | 204.54M | 187.01M | 124.13M | 125.33M | 131.13M | 145.98M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 5.12B | -4.20B | -4.50B | -4.13B | -3.90B | 3.08B | 2.99B | 2.86B | 2.71B | 2.55B | 2.45B | 2.56B | 2.45B | 2.42B | 2.34B | 2.36B | 2.62B | 2.57B | 2.33B | -2.15B | 0.00 | 10.22M | -2.10B | -1.91B | -1.77B | -1.70B | -1.69B | -1.64B | -1.69B | -1.45B | -1.66B | -1.58B | -1.51B | -1.41B | -1.27B | -1.35B | -1.25B | -1.31B | -1.12B |
| Operating Expenses | 5.45B | -3.86B | -4.20B | -3.84B | -3.60B | 3.35B | 3.24B | 3.08B | 2.92B | 2.76B | 2.66B | 2.74B | 2.58B | 2.54B | 2.47B | 2.51B | 2.62B | 2.57B | 2.33B | -2.15B | 2.36B | 10.22M | -2.10B | -1.91B | -1.77B | -1.70B | -1.69B | -1.64B | -1.69B | -1.45B | -1.66B | -1.58B | -1.51B | -1.41B | -1.27B | -1.35B | -1.25B | -1.31B | -1.12B |
| Cost & Expenses | 5.45B | 4.31B | 4.20B | 3.84B | 3.60B | 3.44B | 3.33B | 3.16B | 3.00B | 3.19B | 3.01B | 2.82B | 2.62B | 2.59B | 2.62B | 2.67B | 2.69B | 2.65B | 2.39B | 2.35B | 2.27B | 2.15B | 2.11B | 1.95B | 1.82B | 1.71B | 1.77B | 1.71B | 1.64B | 1.54B | 240.10M | 1.35B | 1.26B | 1.18B | 1.07B | 40.80M | 32.30M | 17.70M | 16.00M |
| Interest Income | 0.00 | 90.40M | 83.49M | 86.70M | 84.31M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 102.32M | 90.40M | 83.49M | 86.70M | 84.31M | 90.00M | 85.00M | 83.00M | 76.64M | 76.13M | 80.46M | 80.51M | 77.91M | 75.53M | 69.93M | 63.23M | 67.56M | 73.14M | 60.93M | 56.50M | 49.95M | 28.59M | 44.51M | 54.49M | 52.34M | 56.33M | 71.86M | 73.61M | 80.99M | 76.36M | 67.30M | 55.70M | 50.20M | 46.20M | 48.10M | 40.80M | 32.30M | 17.70M | 16.00M |
| Depreciation & Amortization | 0.00 | 21.00M | 20.00M | 17.00M | 16.00M | 13.00M | 10.50M | 9.80M | 337.34M | -863.14M | 315.12M | 317.18M | 314.78M | 326.57M | 0.00 | 0.00 | 391.01M | 377.49M | 349.96M | 4.80M | 4.81M | 302.73M | 5.82M | 6.86M | 8.84M | 7.93M | 9.33M | 9.06M | 9.60M | 25.30M | 35.60M | 33.50M | 25.60M | 16.60M | 14.50M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 0.00 | 0.00 | 1.02B | 0.00 | 0.00 | 966.75M | 925.68M | 865.38M | 850.83M | 0.00 | 849.99M | 846.51M | 808.49M | 860.10M | 651.61M | 729.49M | 868.67M | 851.91M | 797.26M | 782.10M | 714.01M | 390.93M | 612.81M | 614.22M | 469.46M | 463.04M | 81.23M | 574.66M | 391.37M | 101.70M | 102.90M | 89.20M | 75.80M | 62.80M | 62.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 19.11% | 17.82% | 18.90% | 20.54% | 22.16% | 21.93% | 22.01% | 22.67% | 21.56% | 22.36% | 23.58% | 24.67% | 25.21% | 20.95% | 21.78% | 36.00% | 35.78% | 36.55% | 25.23% | 24.22% | 33.30% | 22.64% | 24.41% | 21.08% | 21.46% | 26.17% | 26.05% | 18.93% | 25.74% | 25.42% | 24.21% | 23.16% | 22.62% | 23.21% | 18.89% | 21.38% | 15.98% | 18.08% |
| Operating Income | 1.32B | 996.71M | 911.17M | 895.36M | 929.87M | 953.70M | 1.46B | 539.59M | 516.29M | 854.59M | 528.47M | 529.32M | 518.34M | 522.29M | 675.13M | 724.49M | 864.37M | 846.71M | 792.46M | 770.20M | 430.14M | 383.44M | 606.99M | 607.36M | 460.62M | 455.10M | 588.10M | 565.61M | 381.77M | 469.62M | 518.30M | 462.00M | 422.10M | 389.80M | 364.60M | 314.40M | 340.10M | 248.60M | 247.30M |
| Operating Income Ratio | 24.18% | 19.11% | 17.82% | 18.90% | 20.54% | 22.16% | 35.09% | 13.72% | 13.71% | 21.56% | 14.01% | 14.75% | 15.35% | 15.51% | 20.95% | 21.78% | 24.79% | 24.75% | 25.35% | 25.08% | 14.68% | 14.00% | 22.42% | 24.14% | 20.68% | 21.09% | 25.77% | 25.64% | 18.47% | 24.43% | 23.79% | 22.57% | 21.84% | 21.70% | 22.32% | 18.89% | 21.38% | 15.98% | 18.08% |
| Total Other Income/Expenses | -122.72M | -110.26M | 167.43M | -101.24M | -102.95M | -3.39B | -627.62M | 232.65M | 249.89M | -88.43M | 234.65M | -83.46M | 237.33M | 256.27M | -78.63M | -174.98M | -68.50M | -79.03M | -75.88M | -62.50M | 222.96M | 200.89M | 601.43M | 562.96M | 402.41M | 446.99M | 207.81M | 495.13M | 428.18M | 205.74M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 1.19B | 906.31M | 912.39M | 896.68M | 931.28M | 864.00M | 831.00M | 772.00M | 766.19M | 778.47M | 763.13M | 765.99M | 755.67M | 778.57M | 605.19M | 661.26M | 796.81M | 773.57M | 731.52M | 720.80M | 658.94M | 584.32M | 601.43M | 562.96M | 402.41M | 446.99M | 509.39M | 495.13M | 428.18M | 386.92M | 1.20B | 1.05B | 989.40M | 895.00M | 813.80M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 21.92% | 17.38% | 17.84% | 18.93% | 20.57% | 20.07% | 20.00% | 19.62% | 20.34% | 19.64% | 20.23% | 21.34% | 22.37% | 23.12% | 18.78% | 19.88% | 22.85% | 22.61% | 23.40% | 23.47% | 22.48% | 21.34% | 22.22% | 22.38% | 18.07% | 20.71% | 22.32% | 22.45% | 20.71% | 20.13% | 55.27% | 51.53% | 51.18% | 49.82% | 49.82% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 223.51M | 166.61M | 167.43M | 164.91M | 170.40M | 162.00M | -628.00M | 233.00M | 249.89M | 235.53M | 234.65M | 236.67M | 237.33M | 256.27M | 200.24M | 209.00M | 269.27M | 254.94M | 236.13M | 245.10M | 225.01M | 197.04M | 205.97M | 190.84M | 134.32M | 154.34M | 178.49M | 180.62M | 157.54M | 124.32M | 153.10M | 140.80M | 125.40M | 114.40M | 105.20M | 93.50M | 107.30M | 25.90M | 66.20M |
| Net Income | 970.76M | 894.39M | 744.96M | 731.77M | 760.79M | 701.00M | 1.45B | 550.00M | 527.10M | 542.94M | 528.47M | 529.32M | 517.89M | 517.06M | 404.95M | 452.26M | 527.54M | 518.63M | 495.39M | 468.60M | 430.14M | 383.43M | 356.51M | 362.04M | 273.96M | 244.44M | 337.74M | 311.37M | 143.24M | 268.95M | 297.90M | 265.50M | 246.50M | 229.20M | 211.30M | 180.10M | 200.50M | 205.00M | 165.10M |
| Net Income Ratio | 17.82% | 17.15% | 14.57% | 15.45% | 16.80% | 16.29% | 34.99% | 13.98% | 14.00% | 13.69% | 14.01% | 14.75% | 15.33% | 15.35% | 12.57% | 13.59% | 15.13% | 15.16% | 15.85% | 15.26% | 14.68% | 14.00% | 13.17% | 14.39% | 12.30% | 11.33% | 14.80% | 14.12% | 6.93% | 13.99% | 13.67% | 12.97% | 12.75% | 12.76% | 12.93% | 10.82% | 12.61% | 13.18% | 12.07% |
| EPS | 10.21 | 7.55 | 7.30 | 6.90 | 6.97 | 6.22 | 12.50 | 4.58 | 4.21 | 4.15 | 3.84 | 3.65 | 3.19 | 2.83 | 2.17 | 2.28 | 2.49 | 2.31 | 2.10 | 1.89 | 1.67 | 1.42 | 1.28 | 1.26 | 0.95 | 0.81 | 1.08 | 0.97 | 0.44 | 0.08 | 0.90 | 0.81 | 0.72 | 0.66 | 0.60 | 0.46 | 0.44 | 0.42 | 0.35 |
| EPS Diluted | 10.07 | 7.47 | 7.22 | 6.82 | 6.83 | 6.08 | 12.22 | 4.49 | 4.16 | 4.09 | 3.79 | 3.60 | 3.14 | 2.80 | 2.17 | 2.27 | 2.45 | 2.28 | 2.08 | 1.86 | 1.66 | 1.41 | 1.27 | 1.25 | 0.94 | 0.80 | 1.08 | 0.97 | 0.44 | 0.08 | 0.90 | 0.81 | 0.72 | 0.66 | 0.60 | 0.46 | 0.44 | 0.42 | 0.35 |
| Weighted Avg Shares Out | 95.10M | 97.93M | 102.07M | 106.08M | 109.15M | 112.70M | 116.32M | 120.09M | 125.09M | 130.72M | 137.65M | 144.92M | 162.42M | 183.01M | 186.83M | 198.12M | 212.21M | 224.41M | 235.65M | 247.48M | 258.06M | 270.45M | 277.88M | 287.81M | 289.22M | 301.71M | 312.69M | 320.63M | 322.28M | 3.22B | 330.76M | 329.33M | 344.52M | 349.77M | 352.38M | 391.39M | 457.40M | 487.83M | 477.74M |
| Weighted Avg Shares Out (Dil) | 96.36M | 98.98M | 103.17M | 107.22M | 111.38M | 115.25M | 118.98M | 122.37M | 126.76M | 132.64M | 139.56M | 146.85M | 164.72M | 184.69M | 186.83M | 199.16M | 215.65M | 227.47M | 238.17M | 251.61M | 259.44M | 271.30M | 279.84M | 288.83M | 292.06M | 305.20M | 312.69M | 322.16M | 322.28M | 3.22B | 330.76M | 329.33M | 344.52M | 349.77M | 352.38M | 391.39M | 457.40M | 487.83M | 477.74M |
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GLOBE LIFE ALERT: Bragar Eagel & Squire, P.C. is Investigating Globe Life, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
NEW YORK, July 03, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Globe Life, Inc. (NYSE: GL) on behalf of long-term stockholders following a class action complaint...
Lost Money on Globe Life Inc. f/k/a Torchmark Corporation(GL)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
NEW YORK, NY / ACCESSWIRE / July 1, 2024 / If you suffered a loss on your Globe Life Inc. f/k/a Torchmark Corporation (NYSE:GL) investment and want to learn about a potential recovery under the federal securities laws, follow the...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of July 1, 2024 in Globe Life Lawsuit - GL
NEW YORK, NY / ACCESSWIRE / July 1, 2024 / If you suffered a loss on your Globe Life Inc. f/k/a Torchmark Corporation (NYSE:GL) investment and want to learn about a potential recovery under the federal securities laws, follow the...
Lowey Dannenberg, P.C. is Investigating Globe Life Inc. (“Globe Life”) (NYSE: GL) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the Firm
NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Globe Life Inc. (“Globe Life”) (NYSE: GL) for potential violations of the federal securities laws. The...
Lost Money on Globe Life Inc. f/k/a Torchmark Corporation(GL)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm
NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Globe Life Inc. f/k/a Torchmark Corporation (NYSE: GL).
Shareholders Who Lost Money on Globe Life Inc. f/k/a Torchmark Corporation(GL) should contact Levi & Korsinsky about Pending Class Action - GL
NEW YORK, NY / ACCESSWIRE / July 1, 2024 / If you suffered a loss on your Globe Life Inc. f/k/a Torchmark Corporation (NYSE:GL) investment and want to learn about a potential recovery under the federal securities laws, follow the...
Levi & Korsinsky Notifies Globe Life Inc. f/k/a Torchmark Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - GL
NEW YORK, NY / ACCESSWIRE / July 1, 2024 / If you suffered a loss on your Globe Life Inc. f/k/a Torchmark Corporation (NYSE:GL) investment and want to learn about a potential recovery under the federal securities laws, follow the...
The Schall Law Firm Calls On Investors With Losses In Globe Life Inc To Initiate Contact Before The Time Limitation
LOS ANGELES, CA / ACCESSWIRE / July 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Globe Life Inc. ("Globe Life" or "the Company") (NYSE:GL)...
Investors in Globe Life Inc. f/k/a Torchmark Corporation Should Contact Levi & Korsinsky Before July 1, 2024 to Discuss Your Rights - GL
NEW YORK, NY / ACCESSWIRE / July 1, 2024 / If you suffered a loss on your Globe Life Inc. f/k/a Torchmark Corporation (NYSE:GL) investment and want to learn about a potential recovery under the federal securities laws, follow the...
Source: https://incomestatements.info
Category: Stock Reports