Company / Gross Profit
Globe Life Gross Profit History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$1.3B
FY2023
5-year range
$1.2B / $1.3B
FY2019-FY2023
Trend
+6.9%
vs FY2022
Sector context
#8 of 21
Financials
What the data says
At $1.3B, Globe Life's gross profit ranks #8 of 21 in the Financials sector. Gross Profit has fluctuated over the past 8 years, ranging from $783M in FY2016 to $1.3B in FY2023.
Based on SEC 10-K filings.
$1.3B in FY2023 with a 5-year CAGR of +7.8%.
Improved from $1.2B to $1.3B over the past 2 years.
Financials sector context is included.
Gross Profit over time
Growth rates
- 3-Year CAGR
- +11.8%
- 5-Year CAGR
- +7.8%
- 10-Year CAGR
- -
Sector benchmark
#8 of 21 in FinancialsTop 38% of 21This company $1.3B Sector average $1.5B
▼
-18.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +7.8%, indicating consistent growth.
- In FY2023, gross profit increased 6.9% year-over-year.
- Ranks #8 out of 21 companies in the Financials sector.
- Lowest gross profit in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.53 (distress zone, below 1.8 threshold)
- Strong return on equity: 20.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $1.3B | +6.9% |
| FY2022 | $1.2B | -3.0% |
| FY2021 | $1.2B | +34.9% |
| FY2020 | $901.1M | -1.1% |
| FY2019 | $910.7M | +5.2% |
| FY2018 | $865.5M | +7.2% |
| FY2017 | $807.0M | +3.1% |
| FY2016 | $782.9M | +1.0% |
As of FY2023 · SEC 10-K · Updated Mar 29, 2026