Globe Life Inc. (GL) — Financial statements
Income statement, balance sheet, and cash flow for Globe Life Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,999↑3.8% | 5,778↑6.1% | 5,448↑4.2% | 5,227↑2.1% | 5,121 | |
| Cost of Revenue | 3,995↑2.2% | 3,908↑2.6% | 3,807↑3.3% | 3,686↑7.3% | 3,434 | |
| Gross Profit | 2,004↑7.1% | 1,870↑14.0% | 1,640↑6.4% | 1,541↓8.6% | 1,687 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 198↓48.3% | 383↑15.3% | 332↓0.9% | 335↑11.0% | 302 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 198↓48.3% | 383↑15.3% | 332↓0.9% | 335↑11.0% | 302 | |
| Other Expenses | 343↑113.1% | 161↑41.2% | 114↑9.6% | 104↓5.8% | 110 | |
| Operating Expenses | 541↓0.5% | 544↑21.9% | 446↑1.6% | 439↑6.5% | 412 | |
| Total Costs & Expenses | 4,536↑1.9% | 4,451↑4.7% | 4,253↑3.1% | 4,125↑7.2% | 3,847 | |
| Operating Results | ||||||
| Operating Income | 1,463↑10.3% | 1,327↑11.1% | 1,194↑8.4% | 1,102↓13.5% | 1,275 | |
| Depreciation & Amortization | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EBITDA | 1,592↑9.5% | 1,454↑12.1% | 1,297↑8.7% | 1,193↓12.2% | 1,358 | |
| EBIT | 1,592↑9.5% | 1,454↑12.1% | 1,297↑8.7% | 1,193↓12.2% | 1,358 | |
| Interest & Other Income | ||||||
| Net Interest Income | -141↓11.1% | -127↓24.2% | -102↓13.2% | -90↓8.3% | -83 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 141↑11.1% | 127↑24.2% | 102↑13.2% | 90↑8.3% | 83 | |
| Non-Operating Income | -129↓1.5% | -127↓24.2% | -102↓13.2% | -90↓8.3% | -83 | |
| Other Income / Expenses | -23 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 1,440↑8.5% | 1,327↑11.1% | 1,194↑8.4% | 1,102↓13.5% | 1,275 | |
| Income Tax Expense | 279↑8.9% | 256↑14.5% | 224↑7.6% | 208↓14.7% | 243 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,161↑8.4% | 1,071↑10.3% | 971↑8.5% | 894↓13.3% | 1,031 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,161↑8.4% | 1,071↑10.3% | 971↑8.5% | 894↓13.3% | 1,031 | |
| Bottom-Line Net Income | 1,161↑8.4% | 1,071↑10.3% | 971↑8.5% | 894↓13.3% | 1,031 | |
| EPS (Basic) | 14.30↑19.3% | 11.99↑17.4% | 10.21↑11.8% | 9.13↑25.1% | 7.30 | |
| EPS (Diluted) | 14.06↑17.8% | 11.94↑18.6% | 10.07↑11.4% | 9.04↑25.2% | 7.22 | |
| Weighted Average Shares | 81↓3.7% | 84↓11.7% | 95↓2.9% | 98↓4.1% | 102 | |
| Weighted Average Diluted Shares | 81↓4.6% | 85↓12.1% | 96↓2.6% | 99↓4.1% | 103 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.