Globe Life Inc. | Mid-cap | Financial Services
$120.09
-0.47%
| Globe Life Stock Comparison:
Globe Life vs AflacGlobe Life vs Manulife FinancialGlobe Life vs PrimericaGlobe Life vs Jackson FinancialGlobe Life vs Lincoln NationalGlobe Life vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 5.8B
Net Income 1.1B 18.53%
EPS (Diluted) $11.94

Balance Sheet Metrics

Total Assets 29.1B
Total Liabilities 23.8B
Shareholders Equity 5.3B
Debt to Equity 4.48

Cash Flow Metrics

Operating Cash Flow 1.1B
Free Cash Flow 1.3B

Revenue & Profitability Trend

Globe Life Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 5.8B 5.4B 5.2B 5.1B 4.7B
Cost of Goods Sold - - - - -
Gross Profit - - - - -
Operating Expenses 394.9M 342.8M 346.1M 311.5M 296.7M
Operating Income - - - - -
Pre-tax Income 1.3B 1.2B 1.1B 1.3B 896.7M
Income Tax 255.9M 223.5M 207.7M 243.5M 164.9M
Net Income 1.1B 970.8M 894.4M 1.0B 731.8M
EPS (Diluted) $11.94 $10.07 $7.47 $7.22 $6.82

Income Statement Trend

Globe Life Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets - - - - -
Non-Current Assets - - - - -
Total Assets 29.1B - - - -
Liabilities
Current Liabilities - - - - -
Non-Current Liabilities - - - - -
Total Liabilities 23.8B - - - -
Equity
Total Shareholders Equity 5.3B 4.5B 3.9B 8.6B 8.8B

Balance Sheet Composition

Globe Life Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 1.1B 970.8M 894.4M 1.0B 731.8M
Operating Cash Flow 1.1B 946.0M 938.9M 1.1B 798.4M
Investing Activities
Capital Expenditures -71.0M -49.6M -27.9M -38.2M -41.8M
Investing Cash Flow -478.4M -769.2M -873.4M -929.1M -1.2B
Financing Activities
Dividends Paid -85.5M -84.1M -80.5M -80.0M -78.2M
Financing Cash Flow -1.1B -541.5M -492.5M -523.6M -274.1M
Free Cash Flow 1.3B 1.4B 1.4B 1.4B 1.4B

Cash Flow Trend

Globe Life Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 9.82
Forward P/E 8.90
Price to Book 1.84
Price to Sales 1.70
PEG Ratio 8.90

Profitability Ratios

Profit Margin 18.33%
Operating Margin 24.13%
Return on Equity 20.47%
Return on Assets 3.19%

Financial Health

Current Ratio 0.64
Debt to Equity 58.41
Beta 0.56

Per Share Data

EPS (TTM) $12.28
Book Value per Share $65.43
Revenue per Share $67.40

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
gl 10.0B 9.82 1.84 20.47% 18.33% 58.41
Aflac 56.7B 16.30 2.16 14.41% 21.27% 42.51
Manulife Financial 52.5B 15.89 1.07 10.73% 17.56% 44.28
Primerica 8.6B 11.96 3.82 33.35% 15.58% 89.98
Jackson Financial 6.0B 64.14 0.62 1.49% 1.71% 51.94
Lincoln National 5.6B 4.67 0.78 16.91% 7.18% 106.64

Financial data is updated regularly. All figures are in the company's reporting currency.