GL
Income statement / Annual
Last year (2023), Globe Life Inc.'s total revenue was $5.45 B,
an increase of 4.46% from the previous year.
In 2023, Globe Life Inc.'s net income was $970.76 M.
See Globe Life Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$5.45 B
|
$5.21 B
|
$5.11 B
|
$4.74 B
|
$4.53 B
|
$4.30 B
|
$4.16 B
|
$3.93 B
|
$3.77 B
|
$3.96 B
|
| Cost of Revenue |
$347.83 M |
$353.95 M |
$322.03 M |
$301.04 M |
$304.83 M |
$279.59 M |
$257.26 M |
$232.06 M |
$223.86 M |
$222.65 M |
| Gross Profit |
$5.10 B |
$4.86 B |
$4.79 B |
$4.44 B |
$4.22 B |
$4.02 B |
$3.90 B |
$3.70 B |
$3.54 B |
$3.74 B |
| Gross Profit Ratio |
0.94 |
0.93 |
0.94 |
0.94 |
0.93 |
0.94 |
0.94 |
0.94 |
0.94 |
0.94 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$30.74 M
|
$334.99 M
|
$301.90 M
|
$286.84 M
|
$304.83 M
|
$280.00 M
|
$257.00 M
|
$232.00 M
|
$214.86 M
|
$212.16 M
|
| Selling & Marketing
Expenses |
$19.20 M
|
$9.40 M
|
$10.00 M
|
$9.80 M
|
$9.50 M
|
$29.29 M
|
$9.30 M
|
$9.30 M
|
$9.70 M
|
$8.00 M
|
| Selling, General &
Administrative Expenses |
$331.90 M
|
$334.99 M
|
$301.90 M
|
$286.84 M
|
$304.83 M
|
$280.00 M
|
$257.00 M
|
$232.00 M
|
$214.86 M
|
$212.16 M
|
| Other Expenses |
$0.00 |
-$4.20 B |
-$4.50 B |
-$4.13 B |
-$3.90 B |
$3.08 B |
$2.99 B |
$2.86 B |
$2.71 B |
$2.55 B |
| Operating Expenses |
$5.45 B |
-$3.86 B |
-$4.20 B |
-$3.84 B |
-$3.60 B |
$3.35 B |
$3.24 B |
$3.08 B |
$2.92 B |
$2.76 B |
| Cost And Expenses |
$49.94 M |
$4.31 B |
$4.20 B |
$3.84 B |
$3.60 B |
$3.44 B |
$3.33 B |
$3.16 B |
$3.00 B |
$3.19 B |
| Interest Income |
$0.00 |
$90.40 M |
$83.49 M |
$86.70 M |
$84.31 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$102.32 M |
$90.40 M |
$83.49 M |
$86.70 M |
$84.31 M |
$90.00 M |
$85.00 M |
$83.00 M |
$76.64 M |
$76.13 M |
| Depreciation &
Amortization |
$0.00
|
$21.00 M
|
$20.00 M
|
$17.00 M
|
$16.00 M
|
$13.00 M
|
$10.50 M
|
$9.80 M
|
$337.34 M
|
-$863.14 M
|
| EBITDA |
$0.00
|
$0.00
|
$1.02 B
|
$0.00
|
$0.00
|
$966.75 M
|
$925.68 M
|
$865.38 M
|
$850.83 M
|
$0.00
|
| EBITDA Ratio |
0 |
0.19 |
0.18 |
0.19 |
0.21 |
0.22 |
0.22 |
0.22 |
0.23 |
0.22 |
| Operating Income Ratio
|
0.24
|
0.19
|
0.18
|
0.19
|
0.21
|
0.22
|
0.35
|
0.14
|
0.14
|
0.22
|
| Total Other
Income/Expenses Net |
-$122.72 M
|
-$110.26 M
|
$167.43 M
|
-$101.24 M
|
-$102.95 M
|
-$3.39 B
|
-$627.62 M
|
$232.65 M
|
$249.89 M
|
-$88.43 M
|
| Income Before Tax |
$1.19 B |
$906.31 M |
$912.39 M |
$896.68 M |
$931.28 M |
$864.00 M |
$831.00 M |
$772.00 M |
$766.19 M |
$778.47 M |
| Income Before Tax Ratio
|
0.22
|
0.17
|
0.18
|
0.19
|
0.21
|
0.2
|
0.2
|
0.2
|
0.2
|
0.2
|
| Income Tax Expense |
$223.51 M |
$166.61 M |
$167.43 M |
$164.91 M |
$170.40 M |
$162.00 M |
-$628.00 M |
$233.00 M |
$249.89 M |
$235.53 M |
| Net Income |
$970.76 M |
$894.39 M |
$744.96 M |
$731.77 M |
$760.79 M |
$701.00 M |
$1.45 B |
$550.00 M |
$527.10 M |
$542.94 M |
| Net Income Ratio |
0.18 |
0.17 |
0.15 |
0.15 |
0.17 |
0.16 |
0.35 |
0.14 |
0.14 |
0.14 |
| EPS |
10.21 |
7.55 |
7.3 |
6.9 |
6.97 |
6.22 |
12.5 |
4.58 |
4.21 |
4.15 |
| EPS Diluted |
10.07 |
7.47 |
7.22 |
6.82 |
6.83 |
6.08 |
12.22 |
4.49 |
4.16 |
4.09 |
| Weighted Average Shares
Out |
$95.10 M
|
$97.93 M
|
$102.07 M
|
$106.08 M
|
$109.15 M
|
$112.70 M
|
$116.32 M
|
$120.09 M
|
$125.09 M
|
$130.72 M
|
| Weighted Average Shares
Out Diluted |
$96.36 M
|
$98.98 M
|
$103.17 M
|
$107.22 M
|
$111.38 M
|
$115.25 M
|
$118.98 M
|
$122.37 M
|
$126.76 M
|
$132.64 M
|
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