Globe Life Income Statement
GL / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Globe Life reported $6.0B in revenue and $1.2B in net income for FY2025. Revenue has grown at a 4.2% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.0B | $5.8B | $5.4B | $5.2B | $5.1B | $4.7B | $4.5B | $4.3B | $4.2B | $3.9B | $3.8B | $3.6B | $3.5B | $3.6B | $3.4B |
| Gross Profit | - | - | $1.3B | $1.2B | $1.2B | $901.1M | $910.7M | $865.5M | $807.0M | $782.9M | $775.0M | $761.1M | $747.3M | $728.2M | $697.9M |
| SG&A Expense | - | - | $302.1M | $307.5M | $282.0M | $254.9M | $249.1M | $227.5M | $210.6M | $197.2M | $186.2M | $177.3M | $176.8M | $165.4M | $179.0M |
| Operating Income | - | - | $1.3B | $1.2B | $1.2B | $905.4M | $920.1M | $870.6M | $821.2M | $787.3M | $776.4M | $771.6M | $756.1M | $753.6M | $732.0M |
| Interest Expense | $141.2M | $127.1M | $102.3M | $90.4M | $83.5M | $86.7M | $84.3M | $90.1M | $84.5M | $83.3M | $76.6M | $76.1M | $80.5M | $80.5M | $77.9M |
| Income Tax | $274.7M | $255.9M | $223.5M | $207.7M | $243.5M | $164.9M | $170.4M | $162.2M | -$627.6M | $232.6M | $249.9M | $256.6M | $248.1M | $236.7M | $226.2M |
| Net Income | $1.2B | $1.1B | $970.8M | $894.4M | $1.0B | $731.8M | $760.8M | $701.5M | $1.5B | $549.8M | $527.1M | $542.9M | $528.5M | $529.3M | $497.2M |
| EPS (Basic) | $10.21 | $9.13 | $10.10 | $6.90 | $6.97 | $6.22 | $12.50 | $4.58 | $4.21 | $4.15 | $3.84 | $3.65 | $4.59 | $4.09 | $3.25 |
| EPS (Diluted) | $10.07 | $9.04 | $9.99 | $6.82 | $6.83 | $6.09 | $12.22 | $4.49 | $4.16 | $4.09 | $3.79 | $3.60 | $4.53 | $4.05 | $3.25 |
| Shares Outstanding | 97.2M | 102.2M | 105.2M | 109.2M | 113.2M | 117.2M | 121.2M | 122.4M | 126.8M | 132.6M | 139.6M | 131.0M | 109.8M | 123.1M | 124.6M |
| Gross Margin | - | - | 23.1% | 22.6% | 23.8% | 19.0% | 20.1% | 20.1% | 19.4% | 19.9% | 20.6% | 21.0% | 21.4% | 20.3% | 20.7% |
| Operating Margin | - | - | 23.2% | 22.7% | 24.0% | 19.1% | 20.3% | 20.2% | 19.8% | 20.0% | 20.6% | 21.3% | 21.6% | 21.0% | 21.7% |
| Profit Margin | 19.4% | 18.5% | 17.8% | 17.1% | 20.2% | 15.4% | 16.8% | 16.3% | 35.0% | 14.0% | 14.0% | 15.0% | 15.1% | 14.8% | 14.7% |