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.
123.97 USD
0.37 (0.298%)
GL Financial Statements
Year
2024
2023
2022
2021
Total Revenue
5.78B
5.45B
5.21B
5.11B
Cost of Revenue
0
347.83M
353.95M
322.03M
Gross Profit
5.78B
5.1B
4.86B
4.79B
Operating Expenses
4.45B
5.45B
-3.86B
-4.2B
Research and Development
0
0
0
0
Selling, General & Administrative Expenses
382.55M
331.9M
334.99M
301.9M
Selling & Marketing Expenses
0
0
9.4M
10M
General & Administrative Expenses
382.55M
331.9M
334.99M
301.9M
Other Expenses
4.07B
5.12B
-4.2B
-4.5B
Operating Income
1.33B
1.32B
996.71M
911.17M
Total Other Income/Expenses Net
0
-122.72M
-110.26M
167.43M
Income Before Tax
1.33B
1.19B
906.31M
912.39M
Income Tax
255.88M
223.51M
166.61M
167.43M
Net Income
1.07B
970.75M
894.39M
744.96M
Basic EPS
12.76
10.21
7.55
7.3
EPS Diluted
12.63
10.07
7.47
7.22
Basic Average Shares
83.95M
95.08M
97.93M
102.07M
Diluted Average Shares
84.75M
96.36M
98.98M
103.17M
EBITDA
0
0
0
1.02B
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.
