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.
123.34 USD
-0.63 (-0.511%)
GL Financial Statements
Year
2024
2023
2022
2021
CF from Operating Activities
1.4B
1.48B
1.42B
1.44B
Net Income
1.07B
970.75M
739.7M
744.96M
Depreciation & Amortization
0
0
624.41M
603.84M
Deferred Income Taxes
0
0
-35.65M
-30.27M
Stock Based Compensation
0
0
35.65M
30.27M
Change in Working Capital
0
815.01M
915.53M
944.83M
Accounts Receivable
0
0
0
0
Inventory
0
0
0
0
Accounts Payable
0
0
0
0
Other Working Capital
828.62M
815.01M
795.06M
677.43M
Other Non-Cash Items
331.68M
-303.35M
-857.45M
-855.95M
CF from Investing Activities
-641.52M
-926.15M
-943.01M
-913.37M
Investments in Property, Plant & Equipment
-71.05M
-49.55M
-27.93M
-38.24M
Net Acquisitions
0
0
0
-5.25M
Investment Purchases
0
0
-1.83B
-1.32B
Sales/Maturities of Investments
0
0
935.54M
502.63M
Other Investing Activites
-570.47M
-876.6M
-25.23M
-56.7M
CF from Financing Activities
-715.84M
-541.49M
-492.45M
-523.6M
Debt Repayment
628.84M
37.35M
54.2M
99.97M
Common Stock Issued
51.79M
114.08M
106.59M
69.83M
Common Stock Repurchased
-1B
-511.1M
-454.64M
-541.43M
Dividends Paid
-85.48M
-84.12M
-80.55M
-80.04M
Other Financing Activites
-308.86M
-97.7M
-118.06M
-71.92M
Free Cash Flow
1.33B
1.43B
1.39B
1.4B
Operating Cash Flow
1.4B
1.48B
1.42B
1.44B
Capital Expenditures
-71.05M
-49.55M
-27.93M
-38.24M
Cash at Beginning of Period
103.16M
92.56M
92.16M
94.85M
Cash at End of Period
165.32M
103.16M
92.56M
92.16M
Net Change In Cash
62.17M
10.6M
396k
-2.68M
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.
