Globe Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Globe Life
GL Stock  USD 127.62  2.21  1.76%   
Globe Life financial statements provide useful quarterly and yearly information to potential Globe Life investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Globe Life financial statements helps investors assess Globe Life's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Globe Life's valuation are summarized below:
Gross Profit
1.9 B
Profit Margin
0.1853
Market Capitalization
10.5 B
Enterprise Value Revenue
2.2654
Revenue
5.8 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 2025. Market Cap is expected to rise to about 9.8 B this year, although Enterprise Value will most likely fall to about 5.4 B.

Globe Life Total Revenue

3.42 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 M, Total Revenue of 3.4 B or Gross Profit of 3.3 B, as well as many indicators such as Price To Sales Ratio of 1.54, Dividend Yield of 0.0146 or PTB Ratio of 2.44. Globe financial statements analysis is a perfect complement when working with Globe Life Valuation or Volatility modules.
  
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 Assets16.4 B29.1 B21.9 B
Slightly volatile
Short and Long Term Debt Total394.6 M415.4 M1.3 B
Pretty Stable
Total Stockholder Equity3.6 B5.3 B5.1 B
Slightly volatile
Net Debt237.6 M250.1 M1.2 B
Pretty Stable
Retained Earnings8.4 B8 B5 B
Slightly volatile
Common Stock Shares Outstanding80.5 M84.7 M139.2 M
Slightly volatile
Liabilities And Stockholders Equity16.4 B29.1 B21.9 B
Slightly volatile
Non Current Liabilities Total20.3 B19.3 B5.7 B
Slightly volatile
Total Liabilities12.4 B23.8 B16.6 B
Slightly volatile
Total Current Liabilities394.6 M415.4 M7.6 B
Slightly volatile
Non Current Assets Total1.2 B1.2 B8.4 B
Slightly volatile
Short Term Debt306.2 M415.4 M326.1 M
Slightly volatile
Intangible Assets7.3 B6.9 B3 B
Slightly volatile
Common Stock120.6 M97.2 M112.2 M
Very volatile
Cash173.6 M165.3 M89.1 M
Slightly volatile
Cash And Short Term Investments237.8 M250.4 M11.5 B
Very volatile
Net Receivables726.5 M691.9 M450.6 M
Slightly volatile
Good Will352.1 M490.4 M451.9 M
Pretty Stable
Common Stock Total Equity122.7 M121 M114 M
Slightly volatile
Short Term Investments80.8 M85 M11.4 B
Very volatile
Property Plant And Equipment Gross224.6 M213.9 M129.2 M
Slightly volatile
Total Current Assets895.2 M942.3 M12.1 B
Slightly volatile
Accounts Payable656.3 M532.8 M928.4 M
Slightly volatile
Net Tangible Assets5.9 B5.1 B5 B
Slightly volatile
Long Term Debt1.5 B2.3 B1.3 B
Slightly volatile
Retained Earnings Total Equity5.3 B7.4 B4.9 B
Slightly volatile
Long Term Debt Total1.4 B1.9 B1.3 B
Slightly volatile
Capital Surpluse551.8 M609.1 M504.3 M
Slightly volatile
Long Term Investments19.6 B17.2 B17.3 B
Slightly volatile
Non Current Liabilities Other16.5 B20.6 B15.3 B
Slightly volatile
Other Liabilities16.8 B20 B15 B
Slightly volatile
Short and Long Term Debt388.7 M415.4 M323.2 M
Slightly volatile
Property Plant Equipment490.2 M466.9 M242.8 M
Slightly volatile
Net Invested Capital6.7 B8 B8 B
Very volatile
Capital Stock87.5 M97.2 M113.9 M
Slightly volatile

Globe Life Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense73 M127.1 M82.1 M
Slightly volatile
Total Revenue3.4 B5.8 B4.2 B
Slightly volatile
Gross Profit3.3 B5.8 B3.9 B
Slightly volatile
Other Operating Expenses6.1 B5.8 B3.6 B
Slightly volatile
Operating Income1.6 B1.5 B893.8 M
Slightly volatile
Net Income1.1 B1.1 B728.7 M
Slightly volatile
Income Before Tax842.3 M1.3 B882.5 M
Slightly volatile
Cost Of Revenue251.7 M400 M265.9 M
Slightly volatile
Selling And Marketing Expenses33.6 M17.3 M29.2 M
Slightly volatile
Selling General Administrative298.7 M382.5 M262.7 M
Slightly volatile
Net Income From Continuing Ops851.8 M1.1 B732.4 M
Slightly volatile
Net Income Applicable To Common Shares799.5 M850.7 M702.7 M
Slightly volatile
Interest Income93.4 M104 M84.4 M
Slightly volatile

Globe Life Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow918 M1.3 B1.2 B
Slightly volatile
Change In Working Capital870 M828.6 M661.6 M
Slightly volatile
Begin Period Cash Flow62.4 M103.2 M95.1 M
Pretty Stable
Depreciation282.4 M410 M414.8 M
Pretty Stable
Dividends Paid52.7 M85.5 M69.6 M
Slightly volatile
Capital Expenditures74.6 M71 M33.4 M
Slightly volatile
Total Cash From Operating Activities943.6 M1.4 B1.2 B
Slightly volatile
Net Income553.4 M1.1 B695.9 M
Slightly volatile
Change To Liabilities773 M994.5 M705.2 M
Slightly volatile
Change To Operating Activities820.3 M994.5 M742.1 M
Slightly volatile
Issuance Of Capital Stock80.1 M51.8 M54.9 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.541.62021.8859
Slightly volatile
Dividend Yield0.01460.00910.01
Slightly volatile
PTB Ratio2.441.76451.689
Slightly volatile
Days Sales Outstanding45.8943.707736.9248
Slightly volatile
Book Value Per Share66.3663.201547.4998
Slightly volatile
Free Cash Flow Yield0.110.14220.143
Slightly volatile
Operating Cash Flow Per Share17.5416.706411.0533
Slightly volatile
Stock Based Compensation To Revenue0.00610.00620.0072
Very volatile
Capex To Depreciation0.190.20.1619
Slightly volatile
PB Ratio2.441.76451.689
Slightly volatile
EV To Sales1.791.66352.188
Slightly volatile
Free Cash Flow Per Share16.6515.860110.7327
Slightly volatile
ROIC0.03440.036222.3154
Pretty Stable
Net Income Per Share13.3912.75546.8343
Slightly volatile
Payables Turnover0.860.780.7743
Slightly volatile
Sales General And Administrative To Revenue0.04810.06620.0583
Slightly volatile
Capex To Revenue0.00860.01230.0072
Slightly volatile
Cash Per Share2.832.9824100
Very volatile
POCF Ratio9.896.67537.0363
Slightly volatile
Interest Coverage7.9111.5810.1954
Pretty Stable
Payout Ratio0.07580.07980.114
Slightly volatile
Capex To Operating Cash Flow0.03670.05070.0261
Slightly volatile
PFCF Ratio10.627.03157.2526
Slightly volatile
Days Payables Outstanding377486472
Pretty Stable
Income Quality1.41.30981.7854
Slightly volatile
ROE0.180.20180.1461
Slightly volatile
EV To Operating Cash Flow11.426.85368.1983
Slightly volatile
PE Ratio14.868.74312.0368
Slightly volatile
Return On Tangible Assets0.03740.03750.0334
Very volatile
EV To Free Cash Flow12.217.21938.4453
Slightly volatile
Earnings Yield0.09680.11440.0896
Pretty Stable
Intangibles To Total Assets0.02890.01690.0199
Pretty Stable
Net Debt To EBITDA3.622.192.2904
Pretty Stable
Current Ratio2.152.268313.2093
Pretty Stable
Tangible Book Value Per Share60.2357.359143.6318
Slightly volatile
Receivables Turnover7.938.350910.0743
Slightly volatile
Graham Number14113583.8433
Slightly volatile
Shareholders Equity Per Share66.3663.201547.1583
Slightly volatile
Debt To Equity0.07440.07830.2609
Very volatile
Capex Per Share0.890.84630.3206
Slightly volatile
Revenue Per Share72.2768.830739.4267
Slightly volatile
Interest Debt Per Share5.456.462412.5409
Slightly volatile
Debt To Assets0.01360.01430.059
Slightly volatile
Enterprise Value Over EBITDA12.3713.0213.237
Slightly volatile
Short Term Coverage Ratios3.213.37613.8097
Very volatile
Price Earnings Ratio14.868.74312.0368
Slightly volatile
Price Book Value Ratio2.441.76451.689
Slightly volatile
Days Of Payables Outstanding377486472
Pretty Stable
Dividend Payout Ratio0.07580.07980.114
Slightly volatile
Price To Operating Cash Flows Ratio9.896.67537.0363
Slightly volatile
Price To Free Cash Flows Ratio10.627.03157.2526
Slightly volatile
Pretax Profit Margin0.280.22960.2256
Slightly volatile
Ebt Per Ebit1.361.041.1939
Slightly volatile
Operating Profit Margin0.230.280.2
Slightly volatile
Company Equity Multiplier5.45.48044.4776
Slightly volatile
Long Term Debt To Capitalization0.240.310.1957
Slightly volatile
Total Debt To Capitalization0.0690.07260.2017
Pretty Stable
Return On Capital Employed0.05420.0570.0858
Slightly volatile
Debt Equity Ratio0.07440.07830.2609
Very volatile
Ebit Per Revenue0.230.280.2
Slightly volatile
Quick Ratio2.152.268314.7667
Slightly volatile
Dividend Paid And Capex Coverage Ratio8.628.959612.0463
Pretty Stable
Net Income Per E B T0.530.80710.7859
Pretty Stable
Cash Ratio0.420.3980.1144
Slightly volatile
Operating Cash Flow Sales Ratio0.20.24270.2795
Pretty Stable
Days Of Sales Outstanding45.8943.707736.9248
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.780.94930.9624
Slightly volatile
Cash Flow Coverage Ratios3.543.37611.1337
Slightly volatile
Price To Book Ratio2.441.76451.689
Slightly volatile
Capital Expenditure Coverage Ratio18.7519.740258.5564
Slightly volatile
Price Cash Flow Ratio9.896.67537.0363
Slightly volatile
Enterprise Value Multiple12.3713.0213.237
Slightly volatile
Debt Ratio0.01360.01430.059
Slightly volatile
Cash Flow To Debt Ratio3.543.37611.1337
Slightly volatile
Price Sales Ratio1.541.62021.8859
Slightly volatile
Return On Assets0.03650.03680.0328
Very volatile
Asset Turnover0.250.19870.2031
Slightly volatile
Net Profit Margin0.120.18530.1634
Pretty Stable
Gross Profit Margin1.031.080.9539
Slightly volatile
Price Fair Value2.441.76451.689
Slightly volatile
Return On Equity0.180.20180.1461
Slightly volatile

Globe Life Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap9.8 B9.4 B8.1 B
Slightly volatile
Enterprise Value5.4 B9.6 B9.1 B
Slightly volatile

Globe Fundamental Market Drivers

Forward Price Earnings10.4384
Cash And Short Term Investments250.4 M

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 Revenue5.8 B3.4 B
Cost Of Revenue400 M251.7 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.07  0.05 
Capex To Revenue 0.01  0.01 
Revenue Per Share 68.83  72.27 
Ebit Per Revenue 0.28  0.23 

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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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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
0.047
Dividend Share
0.96
Earnings Share
11.94
Revenue Per Share
64.72
Quarterly Revenue Growth
0.036
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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