Globe Life Inc. financial data

Symbol
GL, GL-PD on NYSE
Industry
Life Insurance
Location
3700 South Stonebridge Drive, Mckinney, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Former names
TORCHMARK CORP (to 8/2/2019)
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 505 % -18%
Return On Equity 22.1 % -8.26%
Return On Assets 3.65 % +8.61%
Operating Margin 23.2 % +2.38%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 92.3 M shares -3.44%
Common Stock, Shares, Outstanding 102 M shares -2.85%
Entity Public Float 10.4 B USD +11.8%
Common Stock, Value, Issued 102 M USD -2.85%
Weighted Average Number of Shares Outstanding, Basic 93.9 M shares -2.62%
Weighted Average Number of Shares Outstanding, Diluted 95.1 M shares -2.86%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 5.54 B USD +5.66%
General and Administrative Expense 309 M USD -0.06%
Operating Income (Loss) 1.29 B USD +8.17%
Nonoperating Income (Expense) 5.78 M USD -24.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.23 B USD +14.1%
Income Tax Expense (Benefit) 234 M USD +15.8%
Net Income (Loss) Attributable to Parent 1 B USD +13.7%
Earnings Per Share, Basic 10.6 USD/shares +17.1%
Earnings Per Share, Diluted 10.5 USD/shares +17.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Other Long-term Investments 899 M USD -12.1%
Property, Plant and Equipment, Net 240 M USD +13.3%
Goodwill 482 M USD 0%
Assets 28.6 B USD +6.12%
Liabilities 23.5 B USD +1.97%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.47 B USD +16.7%
Retained Earnings (Accumulated Deficit) 7.71 B USD +8.66%
Stockholders' Equity Attributable to Parent 5.04 B USD +31%
Liabilities and Equity 28.6 B USD +6.37%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 351 M USD -26.5%
Net Cash Provided by (Used in) Financing Activities 357 M USD
Net Cash Provided by (Used in) Investing Activities -732 M USD -195%
Common Stock, Shares Authorized 320 M shares 0%
Common Stock, Shares, Issued 102 M 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 -19.6 M USD -125%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 83.5 M USD -51.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 99.5 M USD +12.1%
Deferred Tax Assets, Valuation Allowance 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 737 M USD -0.55%
Depreciation 21 M USD 0%
Payments to Acquire Property, Plant, and Equipment 9.11 M USD +10.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.5 B USD -14.4%
Property, Plant and Equipment, Gross 455 M USD +12.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.84 M USD -35.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.39 M USD -8.53%
Deferred Income Tax Expense (Benefit) 77.6 M USD +12.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.61 M USD +22.9%
Deferred Tax Assets, Operating Loss Carryforwards 4.23 M USD +71.1%
Current Income Tax Expense (Benefit) 146 M USD +4.97%
Preferred Stock, Shares Authorized 5 M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.14 M USD -0.7%
Additional Paid in Capital 527 M USD -0.34%
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 32.3 M USD -5.74%
Interest Expense 106 M USD +11.3%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%