Globe Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Globe Life
GL Stock  USD 138.97  0.85  0.61%   
Globe Life's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Globe Life's valuation are provided below:
Gross Profit
2 B
Profit Margin
0.1936
Market Capitalization
11.3 B
Enterprise Value Revenue
2.2681
Revenue
5.9 B
There are over one hundred nineteen available fundamental trends for Globe Life, which can be analyzed over time and compared to other ratios. We recommend to confirm Globe Life's regular fundamental drivers against the all of the trends between 2010 and 2026. Market Cap is expected to rise to about 10.9 B this year. Enterprise Value is expected to rise to about 12.8 B this year

Globe Life Total Revenue

3.41 Billion

Check Globe Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globe Life's main balance sheet or income statement drivers, such as Interest Expense of 73.2 M, Total Revenue of 3.4 B or Gross Profit of 1.9 B, as well as many indicators such as Price To Sales Ratio of 1.35, Dividend Yield of 0.0175 or PTB Ratio of 2.02. Globe financial statements analysis is a perfect complement when working with Globe Life Valuation or Volatility modules.
  
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Check out the analysis of Globe Life Correlation against competitors.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.

Globe Life Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets35.1 B33.4 B23.7 B
Slightly volatile
Short and Long Term Debt Total3.3 B3.2 B1.7 B
Slightly volatile
Total Stockholder Equity3.6 B6.1 B5.1 B
Slightly volatile
Net Debt3.1 B3 B1.6 B
Slightly volatile
Retained Earnings9.7 B9.2 B5.4 B
Slightly volatile
Common Stock Shares Outstanding72.5 M76.3 M135 M
Slightly volatile
Liabilities And Stockholders Equity35.1 B33.4 B23.7 B
Slightly volatile
Non Current Liabilities Total26.1 B24.9 B7.3 B
Slightly volatile
Total Liabilities28.7 B27.3 B18.3 B
Slightly volatile
Total Current Liabilities453.8 M477.7 M7.2 B
Slightly volatile
Property Plant And Equipment Net344.1 M327.8 M156.5 M
Slightly volatile
Non Current Assets Total1.3 B1.4 B8 B
Pretty Stable
Short Term Debt306 M477.7 M335 M
Slightly volatile
Intangible Assets7.3 B6.9 B3.2 B
Slightly volatile
Common Stock120.6 M111.8 M112.1 M
Very volatile
Cash199.6 M190.1 M96.6 M
Slightly volatile
Cash And Short Term Investments21 B20 B15.3 B
Slightly volatile
Net Receivables835.5 M795.7 M470.7 M
Slightly volatile
Good Will352.1 M441.4 M451.2 M
Pretty Stable
Common Stock Total Equity122.7 M121 M113.5 M
Pretty Stable
Short Term Investments20.8 B19.8 B15.2 B
Slightly volatile
Property Plant And Equipment Gross224.6 M213.9 M132.5 M
Slightly volatile
Total Current Assets1 B1.1 B11.5 B
Slightly volatile
Other Assets35.1 B33.4 B14.3 B
Slightly volatile
Accounts Payable551.5 M479.5 M758.5 M
Pretty Stable
Net Tangible Assets5.9 B5.1 B5 B
Slightly volatile
Long Term Debt1.5 B2.7 B1.4 B
Slightly volatile
Retained Earnings Total Equity5.3 B7.4 B5 B
Slightly volatile
Long Term Debt Total1.5 B2.7 B1.4 B
Slightly volatile
Capital Surpluse557.1 M607 M506 M
Slightly volatile
Long Term Investments19.6 B19.8 B17.4 B
Slightly volatile
Non Current Liabilities Other16.5 B20.6 B15.4 B
Slightly volatile
Other Liabilities16.8 B20 B15.1 B
Slightly volatile
Short and Long Term Debt388.7 M477.7 M332.3 M
Slightly volatile
Property Plant Equipment212.5 M326.9 M196.9 M
Slightly volatile
Net Invested Capital6.7 B7.2 B7.9 B
Very volatile
Capital Stock87.5 M87.5 M112.4 M
Slightly volatile

Globe Life Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense73.2 M146.2 M85.9 M
Slightly volatile
Total Revenue3.4 B6.6 B4.3 B
Slightly volatile
Gross Profit1.9 B2.2 B2.6 B
Slightly volatile
Other Operating Expenses5.4 B5.1 B3.5 B
Slightly volatile
Operating Income797.3 M1.5 B902.4 M
Slightly volatile
EBITDA1.8 B1.7 B1 B
Slightly volatile
Net Income1.3 B1.2 B766.9 M
Slightly volatile
Cost Of Revenue4.7 B4.5 B1.9 B
Slightly volatile
Income Before Tax1.6 B1.5 B933.4 M
Slightly volatile
Selling And Marketing Expenses16.4 M17.3 M28.1 M
Slightly volatile
Selling General Administrative267.4 M439.9 M256.1 M
Slightly volatile
Net Income From Continuing Ops851.8 M1.2 B761.8 M
Slightly volatile
Net Income Applicable To Common Shares853.4 M1.2 B763.5 M
Slightly volatile
Interest Income100 M146.2 M90.5 M
Slightly volatile

Globe Life Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow918 M1.5 B1.2 B
Slightly volatile
Change In Working Capital885.2 M843.1 M714.7 M
Slightly volatile
Begin Period Cash Flow62.4 M118.6 M96.5 M
Pretty Stable
Depreciation294 M471.5 M441.2 M
Slightly volatile
Dividends Paid52.7 M76.9 M70 M
Slightly volatile
Capital Expenditures85.8 M81.7 M36.9 M
Slightly volatile
Total Cash From Operating Activities943.6 M1.6 B1.2 B
Slightly volatile
Net Income1.3 B1.2 B767.9 M
Slightly volatile
Change To Liabilities773 M994.5 M714.6 M
Slightly volatile
Change To Operating Activities820.3 M994.5 M749.4 M
Slightly volatile
Issuance Of Capital Stock80.1 M59.6 M55.2 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.351.461.8677
Pretty Stable
Dividend Yield0.01750.01050.0113
Slightly volatile
PTB Ratio2.022.031.7184
Slightly volatile
Days Sales Outstanding20.1839.3435.7893
Very volatile
Book Value Per Share59.7356.8847.0932
Slightly volatile
Free Cash Flow Yield0.110.130.1422
Slightly volatile
Operating Cash Flow Per Share15.7915.0411.1848
Slightly volatile
Capex To Depreciation1.340.960.9043
Very volatile
PB Ratio2.022.031.7184
Slightly volatile
EV To Sales1.611.862.2028
Pretty Stable
Free Cash Flow Per Share14.9914.2710.8431
Slightly volatile
ROIC2.442.321.2064
Slightly volatile
Net Income Per Share12.0511.487.1863
Slightly volatile
Payables Turnover9.88.438.8884
Slightly volatile
Sales General And Administrative To Revenue0.04420.05960.0548
Pretty Stable
Capex To Revenue0.00870.01410.0077
Slightly volatile
Cash Per Share196187140
Slightly volatile
POCF Ratio7.797.686.9506
Slightly volatile
Interest Coverage18.3312.015.5299
Slightly volatile
Payout Ratio0.08720.09180.1113
Slightly volatile
Capex To Operating Cash Flow0.03670.05830.028
Slightly volatile
PFCF Ratio8.078.097.1519
Slightly volatile
Days Payables Outstanding33.6344.7941.5453
Slightly volatile
Income Quality1.41.181.7422
Slightly volatile
ROE0.180.230.1553
Slightly volatile
EV To Operating Cash Flow9.369.798.2682
Slightly volatile
PE Ratio9.37.8711.2771
Pretty Stable
Return On Tangible Assets0.03880.04310.0372
Very volatile
EV To Free Cash Flow9.7110.318.5106
Slightly volatile
Earnings Yield0.10.130.0937
Very volatile
Intangibles To Total Assets0.01440.01520.0804
Slightly volatile
Net Debt To EBITDA3.22.042.1443
Pretty Stable
Receivables Turnover9.129.610.0236
Slightly volatile
Graham Number12712185.7762
Slightly volatile
Shareholders Equity Per Share59.7356.8846.7717
Slightly volatile
Debt To Equity0.430.590.333
Slightly volatile
Capex Per Share0.80.760.3412
Slightly volatile
Revenue Per Share65.0561.9540.0716
Slightly volatile
Interest Debt Per Share32.2730.7316.8174
Slightly volatile
Debt To Assets0.08360.110.0708
Slightly volatile
Enterprise Value Over EBITDA17.799.4413.0147
Slightly volatile
Short Term Coverage Ratios3.693.883.842
Very volatile
Price Earnings Ratio9.37.8711.2771
Pretty Stable
Operating Cycle20.1839.3435.7893
Very volatile
Price Book Value Ratio2.022.031.7184
Slightly volatile
Days Of Payables Outstanding33.6344.7941.5453
Slightly volatile
Dividend Payout Ratio0.08720.09180.1113
Slightly volatile
Price To Operating Cash Flows Ratio7.797.686.9506
Slightly volatile
Price To Free Cash Flows Ratio8.078.097.1519
Slightly volatile
Pretax Profit Margin0.170.210.2081
Very volatile
Ebt Per Ebit0.490.810.8497
Pretty Stable
Operating Profit Margin0.360.260.2703
Slightly volatile
Company Equity Multiplier5.436.34.6668
Slightly volatile
Long Term Debt To Capitalization0.240.350.207
Slightly volatile
Total Debt To Capitalization0.30.390.2449
Slightly volatile
Return On Capital Employed0.09770.05250.0627
Slightly volatile
Debt Equity Ratio0.430.590.333
Slightly volatile
Ebit Per Revenue0.360.260.2703
Slightly volatile
Dividend Paid And Capex Coverage Ratio8.628.0611.8118
Slightly volatile
Net Income Per E B T0.580.730.799
Very volatile
Operating Cash Flow Sales Ratio0.20.220.2785
Slightly volatile
Days Of Sales Outstanding20.1839.3435.7893
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.780.850.9558
Slightly volatile
Cash Flow Coverage Ratios0.590.460.7521
Slightly volatile
Price To Book Ratio2.022.031.7184
Slightly volatile
Fixed Asset Turnover22.1523.3238.4028
Slightly volatile
Capital Expenditure Coverage Ratio16.8817.7756.0472
Slightly volatile
Price Cash Flow Ratio7.797.686.9506
Slightly volatile
Enterprise Value Multiple17.799.4413.0147
Slightly volatile
Debt Ratio0.08360.110.0708
Slightly volatile
Cash Flow To Debt Ratio0.590.460.7521
Slightly volatile
Price Sales Ratio1.351.461.8677
Pretty Stable
Return On Assets0.03670.04240.0339
Pretty Stable
Asset Turnover0.250.230.2027
Pretty Stable
Net Profit Margin0.120.170.1681
Pretty Stable
Gross Profit Margin0.370.32370.347
Very volatile
Price Fair Value2.022.031.7184
Slightly volatile
Return On Equity0.180.230.1553
Slightly volatile

Globe Life Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap10.9 B10.4 B8.5 B
Slightly volatile
Enterprise Value12.8 B12.2 B10 B
Slightly volatile

Globe Fundamental Market Drivers

Forward Price Earnings10.4384
Cash And Short Term Investments17.4 B

Globe Upcoming Events

7th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Globe Life Financial Statements

Globe Life investors utilize fundamental indicators, such as revenue or net income, to predict how Globe Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-463.4 M-440.2 M
Total Revenue6.6 B3.4 B
Cost Of Revenue4.5 B4.7 B
Sales General And Administrative To Revenue 0.06  0.04 
Capex To Revenue 0.01  0.01 
Revenue Per Share 61.95  65.05 
Ebit Per Revenue 0.26  0.36 

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How To Invest In Globe
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Check out the analysis of Globe Life Correlation against competitors.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globe Life. If investors know Globe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globe Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.375
Dividend Share
1.05
Earnings Share
13.79
Revenue Per Share
72.006
Quarterly Revenue Growth
0.04
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globe Life's market value can be influenced by many factors that don't directly affect Globe Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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