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-Q - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 490 % -10.2%
Return On Equity 22.5 % -1.75%
Return On Assets 3.81 % +7.62%
Operating Margin 24 % +3.53%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 83.9M shares -10.8%
Common Stock, Shares, Outstanding 102M shares -2.85%
Entity Public Float 10.4B USD +11.8%
Common Stock, Value, Issued 102M USD -2.85%
Weighted Average Number of Shares Outstanding, Basic 87.9M shares -7.15%
Weighted Average Number of Shares Outstanding, Diluted 88.1M shares -8.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 5.73B USD +6.72%
General and Administrative Expense 331M USD +8.95%
Operating Income (Loss) 1.38B USD +10.5%
Nonoperating Income (Expense) 12.3M USD +339%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.35B USD +17%
Income Tax Expense (Benefit) 261M USD +20.6%
Net Income (Loss) Attributable to Parent 1.09B USD +16.2%
Earnings Per Share, Basic 11.9 USD/shares +21.5%
Earnings Per Share, Diluted 11.8 USD/shares +22.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Other Long-term Investments 1.22B USD +16.4%
Property, Plant and Equipment, Net 240M USD +13.3%
Goodwill 490M USD +1.8%
Assets 29.6B USD +12.7%
Liabilities 24.9B USD +15.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.48B USD -1.05%
Retained Earnings (Accumulated Deficit) 8.23B USD +9.38%
Stockholders' Equity Attributable to Parent 4.64B USD +0.34%
Liabilities and Equity 29.6B USD +13%

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 102M shares -2.85%
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 135M USD +57.3%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 737M USD -0.55%
Payments to Acquire Property, Plant, and Equipment 9.11M USD +10.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.06B USD -26.1%
Property, Plant and Equipment, Gross 455M USD +12.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.84M USD -35.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.39M USD -8.53%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.61M USD +22.9%
Deferred Tax Assets, Operating Loss Carryforwards 4.23M USD +71.1%
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.14M USD -0.7%
Additional Paid in Capital 543M USD -0.08%
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 36.6M USD +15.2%
Interest Expense 117M USD +15.6%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%