Globe Life Inc. (GL)
NYSE: GL · Real-Time Price · USD
172.79
-2.99 (-1.70%)
Aug 28, 2026, 4:00 PM EDT - Market closed

Globe Life Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
1,2121,1611,071970.76894.391,031
Depreciation & Amortization
303027212120
Other Amortization
447.76447.76410379.7348.82317.62
Gain (Loss) on Sale of Investments
27.7927.7924.1965.6876.55-68.63
Change in Income Taxes
98.8998.8977.93101.4591.84147.99
Change in Insurance Reserves / Liabilities
603.26603.26750.69839.81795.06677.43
Other Operating Activities
-1,028-972.54-958.13-895.97-805.46-687.84
Operating Cash Flow
1,3921,3961,4021,4821,4221,438
Operating Cash Flow Growth
-1.82%-0.43%-5.40%4.23%-1.08%-2.63%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-159.2-142.48-71.05-49.55-27.93-38.24
Investment in Securities
-635.4-385.34-407.41-719.62-845.45-834.17
Other Investing Activities
--0.1---56.7
Investing Cash Flow
-892.77-643.62-641.52-926.15-943.02-913.37

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-590.25484.7332.96-74.97
Long-Term Debt Issued
--530170250.49325
Total Debt Issued
669.67590.251,015202.96250.49399.97
Total Debt Repaid
-506.26-700.99-385.89-165.61-196.29-300
Net Debt Issued (Repaid)
163.41-110.75628.8437.3554.299.97
Issuance of Common Stock
180.04164.4551.79114.08106.5969.83
Repurchases of Common Stock
-881.32-880.98-1,002-511.1-454.64-541.44
Common Dividends Paid
-90.6-86.07-85.49-84.12-80.55-80.04
Other Financing Activities
-13.44-6.4-421.03-0.76-5.27-7.69
Financing Cash Flow
-490.52-768.05-715.84-541.49-492.45-523.6

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
9.64-5.3417.08-4.1913.67-3.39
Net Cash Flow
17.93-20.6262.1710.60.4-2.68

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
1,2321,2541,3311,4331,3941,399
Free Cash Flow Growth
-8.60%-5.82%-7.08%2.77%-0.37%-2.46%
Free Cash Flow Margin
19.90%20.92%23.04%26.30%26.68%27.38%
Free Cash Flow Per Share
15.3315.1914.8514.8714.0913.56
Levered Free Cash Flow
1,1641,1371,4421,176-133.121,103
Unlevered Free Cash Flow
1,2521,2251,5211,240-76.621,155

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
144.68144.68116.9999.5588.8183.07
Cash Income Tax Paid
175.91175.91175.4121.03114.8996.22
Change in Working Capital
702.15702.15828.62941.26886.9825.42
SEC Filings: 10-K · 10-Q