GL
Globe Life Inc
NYSE: GL · FINANCIAL SERVICES · INSURANCE - LIFE
$152.54
-0.09% today
Updated 2026-04-29
Market cap
$11.97B
P/E ratio
10.56
P/S ratio
1.97x
EPS (TTM)
$14.45
Dividend yield
0.74%
52W range
$110 – $155
Volume
0.5M
Globe Life Inc (GL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.42B | $3.49B | $3.33B | $3.22B | $3.37B | $3.38B | $3.59B | $3.49B | $3.96B | $3.77B | $3.93B | $4.16B | $4.30B | $4.53B | $4.74B | $5.11B | $5.21B | $5.45B | $5.78B | $6.00B |
| Revenue growth (YoY) | — | +1.9% | -4.6% | -3.1% | +4.5% | +0.3% | +6.3% | -2.7% | +13.5% | -5.0% | +4.5% | +5.6% | +3.6% | +5.2% | +4.6% | +7.9% | +2.0% | +4.5% | +6.1% | +3.8% |
| Cost of revenue | $2.24B | $2.29B | $185.21M | $174.09M | $2.37B | $2.37B | $2.54B | $2.45B | $222.65M | $2.70B | $2.85B | $257.25M | $279.58M | $304.82M | $301.04M | $322.03M | $353.95M | $3.81B | $3.91B | $3.99B |
| Gross profit | $1.18B | $1.19B | $3.14B | $3.05B | $1.00B | $1.00B | $1.04B | $1.05B | $3.74B | $1.07B | $1.09B | $3.90B | $4.02B | $4.22B | $4.44B | $4.79B | $4.86B | $1.64B | $1.87B | $2.00B |
| Gross margin | 34.5% | 34.2% | 94.4% | 94.6% | 29.8% | 29.7% | 29.1% | 30.0% | 94.4% | 28.3% | 27.6% | 93.8% | 93.5% | 93.3% | 93.6% | 93.7% | 93.2% | 30.1% | 32.4% | 33.4% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | — | — | — | — | $167.46M | $180.96M | $187.01M | $201.29M | $212.16M | $214.85M | $222.92M | $37.03M | $280.00M | $304.82M | $286.84M | $301.90M | $334.99M | $331.90M | $382.55M | $197.70M |
| Operating income | $773.57M | $796.80M | $724.49M | $675.13M | $750.57M | $723.78M | $765.99M | $755.32M | $854.59M | $766.19M | $772.24M | $923.93M | $953.70M | $929.87M | $895.36M | $911.17M | $996.71M | $1.19B | $1.33B | $1.46B |
| Operating margin | 22.6% | 22.9% | 21.8% | 21.0% | 22.3% | 21.4% | 21.3% | 21.6% | 21.6% | 20.3% | 19.6% | 22.2% | 22.2% | 20.5% | 18.9% | 17.8% | 19.1% | 21.9% | 23.0% | 24.4% |
| EBITDA | $1.22B | $1.26B | $724.49M | $675.13M | $826.10M | $801.69M | $846.50M | $835.78M | $854.59M | $842.83M | $855.58M | $915.18M | $953.70M | $929.87M | $895.36M | $911.17M | $996.71M | $1.30B | $1.45B | $1.59B |
| EBITDA margin | 35.8% | 36.0% | 21.8% | 21.0% | 24.5% | 23.7% | 23.6% | 23.9% | 21.6% | 22.4% | 21.7% | 22.0% | 22.2% | 20.5% | 18.9% | 17.8% | 19.1% | 23.8% | 25.2% | 26.5% |
| EBIT | $846.71M | $864.37M | $724.49M | $675.13M | $533.52M | $493.71M | $529.32M | $534.87M | $854.59M | $513.49M | $855.58M | $915.18M | $953.70M | $929.87M | $895.36M | $911.17M | $996.71M | $-124.22M | — | — |
| Interest expense | $73.14M | $67.56M | $63.23M | $69.93M | $75.53M | $77.91M | $80.51M | $80.46M | $76.13M | $76.64M | $83.34M | $85.00M | $90.00M | $84.31M | $86.70M | $83.49M | $90.39M | $102.32M | $127.09M | $141.22M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $518.63M | $527.53M | $452.26M | $404.95M | $498.87M | $497.16M | $529.32M | $528.47M | $542.94M | $527.10M | $549.78M | $1.45B | $701.00M | $760.79M | $731.77M | $744.96M | $739.70M | $970.75M | $1.07B | $1.16B |
| Net income growth (YoY) | — | +1.7% | -14.3% | -10.5% | +23.2% | -0.3% | +6.5% | -0.2% | +2.7% | -2.9% | +4.3% | +164.5% | -51.8% | +8.5% | -3.8% | +1.8% | -0.7% | +31.2% | +10.3% | +8.4% |
| Profit margin | 15.2% | 15.1% | 13.6% | 12.6% | 14.8% | 14.7% | 14.7% | 15.1% | 13.7% | 14.0% | 14.0% | 35.0% | 16.3% | 16.8% | 15.4% | 14.6% | 14.2% | 17.8% | 18.5% | 19.4% |