Globe Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Globe Life
GL Stock  USD 141.05  2.22  1.55%   
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
1.9 B
Profit Margin
0.1811
Market Capitalization
11.8 B
Enterprise Value Revenue
2.1435
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 2025. 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

3.42 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 3.2 B, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.0175 or PTB Ratio of 2.01. Globe financial statements analysis is a perfect complement when working with Globe Life Valuation or Volatility modules.
  
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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 Total2.9 B2.7 B1.6 B
Slightly volatile
Total Stockholder Equity3.6 B5.3 B5.1 B
Slightly volatile
Net Debt2.7 B2.6 B1.5 B
Slightly volatile
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 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 M437 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
Other Current Assets1 B1.1 B1.8 B
Slightly 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 Payable619.9 M532.8 M849.7 M
Pretty Stable
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 Total1.5 B2.3 B1.3 B
Slightly volatile
Capital Surpluse557.1 M527.8 M499.7 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 Equipment212.5 M284.3 M188.7 M
Pretty Stable
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 Profit3.2 B2.5 B3.7 B
Slightly volatile
Other Operating Expenses2.5 B4.5 B3.3 B
Slightly volatile
Operating Income1.6 B1.5 B893 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 Revenue3.5 B3.3 B648.5 M
Slightly volatile
Selling And Marketing Expenses33.6 M17.3 M29.2 M
Slightly volatile
Selling General Administrative231.8 M382.5 M209.1 M
Slightly volatile
Net Income From Continuing Ops851.8 M1.1 B732.4 M
Slightly volatile
Net Income Applicable To Common Shares853.4 M1.1 B734.3 M
Slightly volatile
Interest Income100 M127.1 M87 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 Capital769.8 M733.1 M649.3 M
Slightly volatile
Begin Period Cash Flow62.4 M103.2 M95.1 M
Pretty Stable
Depreciation294 M410 M439.3 M
Slightly volatile
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 Ratio1.341.62021.8734
Slightly volatile
Dividend Yield0.01750.00910.0114
Slightly volatile
PTB Ratio2.011.76451.6622
Slightly volatile
Days Sales Outstanding45.8943.707736.9248
Slightly volatile
Book Value Per Share66.3663.201647.4998
Slightly volatile
Free Cash Flow Yield0.110.14220.143
Slightly volatile
Operating Cash Flow Per Share17.5416.706511.0533
Slightly volatile
Stock Based Compensation To Revenue0.00820.00650.0072
Pretty Stable
Capex To Depreciation0.160.17330.1553
Slightly volatile
PB Ratio2.011.76451.6622
Slightly volatile
EV To Sales1.62.06572.2013
Slightly volatile
Free Cash Flow Per Share16.6515.860110.7327
Slightly volatile
ROIC0.530.562622.3793
Pretty Stable
Net Income Per Share13.3912.75546.8343
Slightly volatile
Payables Turnover6.516.20171.4663
Slightly volatile
Sales General And Administrative To Revenue0.06950.06620.0302
Pretty Stable
Capex To Revenue0.00860.01230.0072
Slightly volatile
Cash Per Share2.832.9824100
Very volatile
POCF Ratio7.796.67536.905
Slightly volatile
Interest Coverage7.9511.868610.2159
Pretty Stable
Payout Ratio0.07580.07980.1134
Slightly volatile
Capex To Operating Cash Flow0.03670.05070.0261
Slightly volatile
PFCF Ratio8.077.03157.0933
Slightly volatile
Days Payables Outstanding55.9158.8552425
Slightly volatile
Income Quality1.391.30981.764
Slightly volatile
ROE0.180.20180.1461
Slightly volatile
EV To Operating Cash Flow9.368.51098.1731
Slightly volatile
PE Ratio9.378.74311.6936
Very volatile
Return On Tangible Assets0.03740.03750.0334
Very volatile
EV To Free Cash Flow9.718.9658.3982
Slightly volatile
Earnings Yield0.09990.11440.0898
Pretty Stable
Intangibles To Total Assets0.02890.01690.0199
Pretty Stable
Net Debt To EBITDA3.562.042.2607
Pretty Stable
Current Ratio2.152.268313.2093
Pretty Stable
Tangible Book Value Per Share60.2357.359243.6318
Slightly volatile
Receivables Turnover7.938.350910.0743
Slightly volatile
Graham Number14113583.8433
Slightly volatile
Shareholders Equity Per Share66.3663.201647.1583
Slightly volatile
Debt To Equity0.420.51640.3099
Slightly volatile
Capex Per Share0.890.84630.3206
Slightly volatile
Revenue Per Share72.2768.830839.4267
Slightly volatile
Interest Debt Per Share35.8634.149916.172
Slightly volatile
Debt To Assets0.08370.09420.0684
Slightly volatile
Enterprise Value Over EBITDA8.979.4412.412
Slightly volatile
Short Term Coverage Ratios3.213.37613.8097
Very volatile
Price Earnings Ratio9.378.74311.6936
Very volatile
Price Book Value Ratio2.011.76451.6622
Slightly volatile
Days Of Payables Outstanding55.9158.8552425
Slightly volatile
Dividend Payout Ratio0.07580.07980.1134
Slightly volatile
Price To Operating Cash Flows Ratio7.796.67536.905
Slightly volatile
Price To Free Cash Flows Ratio8.077.03157.0933
Slightly volatile
Pretax Profit Margin0.280.22960.2256
Slightly volatile
Ebt Per Ebit1.350.87951.1833
Slightly volatile
Operating Profit Margin0.230.26110.1988
Slightly volatile
Company Equity Multiplier5.45.48044.4776
Slightly volatile
Long Term Debt To Capitalization0.240.30460.1954
Slightly volatile
Total Debt To Capitalization0.30.34050.2329
Slightly volatile
Return On Capital Employed0.050.05260.0852
Slightly volatile
Debt Equity Ratio0.420.51640.3099
Slightly volatile
Ebit Per Revenue0.230.26110.1988
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 Ratios0.590.51190.7704
Slightly volatile
Price To Book Ratio2.011.76451.6622
Slightly volatile
Capital Expenditure Coverage Ratio18.7519.740258.5564
Slightly volatile
Price Cash Flow Ratio7.796.67536.905
Slightly volatile
Enterprise Value Multiple8.979.4412.412
Slightly volatile
Debt Ratio0.08370.09420.0684
Slightly volatile
Cash Flow To Debt Ratio0.590.51190.7704
Slightly volatile
Price Sales Ratio1.341.62021.8734
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 Margin0.410.42810.8744
Slightly volatile
Price Fair Value2.011.76451.6622
Slightly volatile
Return On Equity0.180.20180.1461
Slightly volatile

Globe Life Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap10.9 B10.4 B8.3 B
Slightly volatile
Enterprise Value12.8 B12.2 B9.8 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 Revenue3.3 B3.5 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.07  0.07 
Capex To Revenue 0.01  0.01 
Revenue Per Share 68.83  72.27 
Ebit Per Revenue 0.26  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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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
0.08
Dividend Share
1.02
Earnings Share
12.5
Revenue Per Share
69.78
Quarterly Revenue Growth
0.029
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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