FMP
Globe Life Inc.
GL
NYSE
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.
121.83 USD
4.11 (3.37%)
GL Financial Statements
Year
2024
2023
2022
2021
Current Assets
942.27M
733.38M
206.68M
21.95B
Cash & Short Term Investments
250.36M
103.16M
16.71B
21.47B
Cash And Cash Equivalents
165.32M
103.16M
92.56M
92.16M
Short Term Investments
85.03M
191.56M
16.62B
21.37B
Net Receivables
691.91M
630.22M
0
487.44M
Inventory
0
0
-18.1B
-999.82M
Other Current Assets
0
0
0
0
Non-Current Assets
1.22B
26.86B
481.79M
22.06B
Property, Plant & Equipment
0
240M
212M
205M
Goodwill And Intangible Assets
490.45M
481.79M
481.79M
481.79M
Goodwill
490.45M
481.79M
481.79M
481.79M
Intangible Assets
0
0
481.79M
481.79M
Long Term Investments
19.49B
1.1B
16.62B
21.37B
Tax Assets
0
1.09B
686.17M
1.77B
Other Non-Current Assets
-18.76B
23.94B
-17.52B
-1.77B
Other Assets
26.91B
461.95M
24.85B
-14.25B
Total Assets
29.08B
28.05B
25.54B
29.77B
-
-
-
-
Current Liabilities
415.4M
1.5B
1.14B
479.64M
Accounts Payable
532.83M
514.88M
509.36M
412.94M
Short Term Debt
415.4M
486.11M
449.1M
479.64M
Tax Payables
731.25M
494.64M
686.17M
1.77B
Deferred Revenue
0
0
686.17M
66.7M
Other Current Liabilities
-1.26B
0
-883.75M
-2.66B
Total Current Liabilities
415.4M
1.5B
1.14B
479.64M
Total Non-Current Liabilities
19.3B
22.07B
16.2B
1.55B
Long-Term Debt
0
1.63B
1.63B
1.55B
Deferred Revenue
0
0
0
0
Deferred Taxes Liabilities
0
0
0
0
Other Non Current liabilities
19.3B
20.44B
19.02B
16.92B
Total Liabilities
23.77B
23.56B
20.64B
21.13B
Other Liabilities
4.05B
0
3.31B
19.1B
Stockholders Equity
5.31B
4.49B
4.9B
8.64B
Common Stock
97.22M
102.22M
105.22M
109.22M
Retained Earnings
8B
7.48B
6.47B
6.18B
Accumulated Other Comprehensive Income/Loss
-2.03B
-2.77B
-1.42B
2.68B
Other Shareholders Equity
-764.5M
0
0
0
Total Liabilities and Stockholders Equity
29.08B
28.05B
25.54B
29.77B
Retained Earning Schedule
Year
2024
2023
2022
2021
Retained Earnings (Previous Year)
7.48B
6.47B
6.18B
5.87B
Net Income
1.07B
970.75M
894.39M
744.96M
Stock Repurchases
-1B
-511.1M
-454.64M
-541.43M
Dividend Paid
-85.48M
-84.12M
-80.55M
-80.04M
Retained Earnings
8B
7.48B
6.47B
6.18B
Other Distributions
-563.89M
417.38M
-251.06M
-313.49M
PPE Schedule
Year
2024
2023
2022
2021
Gross PPE
0
240M
212M
205M
Annual Depreciation
0
0
21M
20M
Capital Expenditure
-71.05M
-49.55M
-27.93M
-38.24M
Net PPE
71.05M
289.55M
218.93M
223.24M
Intangible and Goodwill Schedule
Year
2024
2023
2022
2021
Acquisitions and Adjustments
8.65M
0
0
40.2M
Goodwill (Previous Year)
481.79M
481.79M
481.79M
441.59M
Goodwill
490.45M
481.79M
481.79M
481.79M
All figures are in USD.
