Globe Life Inc. (GL)
NYSE: GL · Real-Time Price · USD
109.39
+3.48 (3.29%)
Dec 20, 2024, 4:00 PM EST - Market closed

Globe Life Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTM FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 2018 - 2014
Period Ending
Sep '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 2018 - 2014
Premiums & Annuity Revenue
4,6164,4564,3104,0953,8143,595
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Total Interest & Dividend Income
1,1251,057991.8956.69927.06910.46
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Gain (Loss) on Sale of Investments
-13.29-65.68-76.5559.32-4.3720.62
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Other Revenue
0.320.311.251.221.331.32
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Total Revenue
5,7275,4485,2275,1124,7384,528
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Revenue Growth (YoY)
6.72%4.22%2.24%7.90%4.65%5.20%
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Policy Benefits
2,8752,8642,8252,6592,5732,357
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Policy Acquisition & Underwriting Costs
975.88919.67845.45762.87880.61849.77
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Selling, General & Administrative
19.219.29.4109.89.5
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Other Operating Expenses
345.7316.2315.81283.62252.07242.12
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Total Operating Expenses
4,2534,1504,0323,7463,7513,504
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Operating Income
1,4751,2971,1951,366986.661,024
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Interest Expense
-117.09-102.32-90.4-83.49-86.7-84.31
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EBT Excluding Unusual Items
1,3581,1951,1051,283899.96939.64
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Legal Settlements
-6.66-0.9-2.5-8.14-3.28-8.36
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Pretax Income
1,3511,1941,1021,275896.68931.28
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Income Tax Expense
260.55223.51207.73243.5164.91170.4
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Earnings From Continuing Ops.
1,090970.76894.391,031731.77760.88
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Earnings From Discontinued Ops.
------0.09
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Net Income
1,090970.76894.391,031731.77760.79
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Net Income to Common
1,090970.76894.391,031731.77760.79
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Net Income Growth
16.21%8.54%-13.26%40.91%-3.81%8.46%
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Shares Outstanding (Basic)
929598102106109
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Shares Outstanding (Diluted)
929699103107111
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Shares Change (YoY)
-4.93%-2.65%-4.06%-3.78%-3.73%-3.36%
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EPS (Basic)
11.8810.219.1310.106.906.97
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EPS (Diluted)
11.8010.079.049.996.826.83
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EPS Growth
22.14%11.39%-9.51%46.48%-0.13%12.14%
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Free Cash Flow
1,3881,4331,3941,3991,4351,322
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Free Cash Flow Per Share
15.0314.8714.0913.5613.3811.87
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Dividend Per Share
0.9450.9000.8300.7900.7500.690
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Dividend Growth
7.08%8.43%5.06%5.33%8.70%7.81%
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Operating Margin
25.75%23.82%22.86%26.73%20.82%22.62%
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Profit Margin
19.04%17.82%17.11%20.17%15.45%16.80%
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Free Cash Flow Margin
24.23%26.30%26.68%27.38%30.28%29.19%
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EBITDA
1,4961,3181,2161,3861,0041,040
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EBITDA Margin
26.11%24.20%23.27%27.12%21.18%22.97%
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D&A For EBITDA
212121201716
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EBIT
1,4751,2971,1951,366986.661,024
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EBIT Margin
25.75%23.82%22.86%26.73%20.82%22.62%
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Effective Tax Rate
19.29%18.72%18.85%19.10%18.39%18.30%
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Revenue as Reported
5,7275,4485,2275,1124,7384,528
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Source: S&P Capital IQ. Insurance template. Financial Sources.