Globe Life Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Premiums Earned	4,890	4,666	4,456	4,310	4,095
Investment Income	1,130	1,136	1,057	991.8	956.69
Net Gains on Investments	-27.79	-24.19	-65.68	-76.55	59.32
Total Other Revenues	1.69	0.35	0.31	1.25	1.22
Revenue	5,994	5,778	5,448	5,227	5,112
Revenue Growth (YoY)	3.74%	6.07%	4.22%	2.24%	7.90%
Insurance Benefits & Claims	2,884	2,894	2,864	2,825	2,659
Policy Amortization Costs	447.76	410	379.7	348.82	317.62
Other Operating Expenses	1,085	1,020	907	859.98	777.28
Operating Income	1,577	1,454	1,297	1,193	1,358
Interest Expense	-141.22	-127.09	-102.32	-90.4	-83.49
Total Non-Operating Income (Expense)	-141.22	-127.09	-102.32	-90.4	-83.49
Pretax Income	1,436	1,327	1,194	1,102	1,275
Provision for Income Taxes	274.74	255.88	223.51	207.73	243.5
Net Income	1,161	1,071	970.76	894.39	1,031
Net Income to Common	1,161	1,071	970.76	894.39	1,031
Net Income Growth	8.45%	10.30%	8.54%	-13.26%	40.91%
Shares Outstanding (Basic)	81	89	95	98	102
Shares Outstanding (Diluted)	83	90	96	99	103
Shares Change (YoY)	-7.96%	-6.96%	-2.65%	-4.06%	-3.78%
EPS (Basic)	14.27	11.99	10.21	9.13	10.10
EPS (Diluted)	14.07	11.94	10.07	9.04	9.99
EPS Growth	17.84%	18.57%	11.39%	-9.51%	46.48%
Free Cash Flow	1,254	1,331	1,433	1,394	1,399
Free Cash Flow Growth	-5.82%	-7.08%	2.77%	-0.37%	-2.46%
Free Cash Flow Per Share	15.19	14.85	14.87	14.09	13.56
Dividends Per Share	1.080	0.960	0.900	0.830	0.790
Dividend Growth	12.50%	6.67%	8.43%	5.06%	5.33%
Operating Margin	26.31%	25.16%	23.80%	22.82%	26.57%
Profit Margin	19.37%	18.53%	17.82%	17.11%	20.17%
FCF Margin	20.92%	23.04%	26.30%	26.68%	27.38%
EBITDA	1,577	1,454	1,297	1,193	1,358
EBIT	1,577	1,454	1,297	1,193	1,358
EBIT Margin	26.31%	25.16%	23.80%	22.82%	26.57%
Effective Tax Rate	19.13%	19.29%	18.72%	18.85%	19.10%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

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