Globe Life Inc. financial data

Symbol
GL, GL-PD on NYSE
Industry
Life Insurance
Location
3700 South Stonebridge Drive, Mckinney, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
TORCHMARK CORP (to 8/2/2019)
Latest financial report
10-K - Q4 2024 - Feb 26, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 471 % -12.3%
Return On Equity 21.2 % -7.59%
Return On Assets 3.71 % +3.06%
Operating Margin 24 % +3.53%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 83.8M shares -10.5%
Common Stock, Shares, Outstanding 97.2M shares -4.89%
Entity Public Float 7.4B USD -28.8%
Common Stock, Value, Issued 97.2M USD -4.89%
Weighted Average Number of Shares Outstanding, Basic 89.3M shares -6.12%
Weighted Average Number of Shares Outstanding, Diluted 89.7M shares -6.96%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 5.78B USD +6.07%
General and Administrative Expense 331M USD +8.95%
Operating Income (Loss) 1.38B USD +10.5%
Nonoperating Income (Expense) 2.62M USD -37.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.33B USD +11.1%
Income Tax Expense (Benefit) 256M USD +14.5%
Net Income (Loss) Attributable to Parent 1.07B USD +10.3%
Earnings Per Share, Basic 12 USD/shares +17.3%
Earnings Per Share, Diluted 11.9 USD/shares +18.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Other Long-term Investments 1.24B USD +47.8%
Property, Plant and Equipment, Net 284M USD +18.5%
Goodwill 490M USD +1.8%
Assets 29.1B USD +3.65%
Liabilities 23.8B USD +0.87%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.03B USD +26.8%
Retained Earnings (Accumulated Deficit) 8B USD +7%
Stockholders' Equity Attributable to Parent 5.31B USD +18.2%
Liabilities and Equity 29.1B USD +3.65%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 351M USD -26.5%
Net Cash Provided by (Used in) Financing Activities 357M USD
Net Cash Provided by (Used in) Investing Activities -732M USD -195%
Common Stock, Shares Authorized 320M shares 0%
Common Stock, Shares, Issued 97.2M shares -4.89%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -19.6M USD -125%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 165M USD +60.3%
Deferred Tax Assets, Valuation Allowance 3.38M USD
Deferred Tax Assets, Gross 543M USD -26.3%
Payments to Acquire Property, Plant, and Equipment 9.11M USD +10.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.81B USD +83.4%
Property, Plant and Equipment, Gross 527M USD +15.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.88M USD +2.34%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.12M USD -37.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.42M USD -11.8%
Deferred Tax Assets, Operating Loss Carryforwards 10.3M USD +145%
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 867K USD -23.9%
Additional Paid in Capital 528M USD -0.88%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 540M USD -26.8%
Share-based Payment Arrangement, Expense 40.1M USD +30.5%
Interest Expense 127M USD +24.2%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%