Globe Life Quarterly Income Statements Chart
Quarterly
|
Annual
Globe Life Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2020-12-31 | 2020-09-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue: | ||||||||||||||||||||||||
| premium | 815,482,351,643,000 | 829,863,369,791,000 | 6,095,962,761,654,250 | 818,638,353,955,000 | 815,482,351,643,000 | 804,265,341,019,000 | 585,607,495,729,000 | 788,099,331,236,000 | 756,892,320,307,000 | 749,128,315,684,000 | 728,924,299,143,000 | 759,924,319,189,000 | 754,602,317,000,000 | 5,413,034,722,255,250 | 728,924,299,143,000 | 4,986,184,627,193,500 | 6,740,212,877,951,000 | 280,205,000 | 6,055,472,552,012,861,000,000 | 6,025,342,514,405,855,000,000 | 5,983,032,517,985,851,000,000 | |||
| net investment income | 228,905,000 | 227,425,000 | 221,627,221,627,000 | 218,568,218,568,000 | 218,084,218,084,000 | |||||||||||||||||||
| segment revenue | 8,154,823,516,432,857,000,000,000,000 | 8,298,633,697,912,806,000,000,000,000 | ||||||||||||||||||||||
| realized gains | -12,589,000 | 85,000 | 2,392,000 | -2,192,000 | -12,589,000 | -11,799,000 | 11,943,000 | 5,154,000 | ||||||||||||||||
| other income | 74,000 | 69,000 | 438,000 | 398,000 | 416,000 | 441,000 | 323,000 | |||||||||||||||||
| total consolidated revenue | 1,440,246,000 | 1,480,422,000 | ||||||||||||||||||||||
| expenses: | ||||||||||||||||||||||||
| policy obligations | 5,187,922,054,235,536,000,000,000 | 5,097,562,339,295,394,000,000,000 | 49,236,419,007,579,220,000,000 | 49,542,918,901,886,420,000,000 | 5,161,961,879,067,303,000 | 5,493,431,968,557,050,000 | ||||||||||||||||||
| required interest on reserves | ||||||||||||||||||||||||
| amortization of acquisition costs | 8,791,513,611,000 | 9,063,314,519,000 | 65,938,351,935,294,000 | 9,007,013,852,388,000 | 8,791,513,611,389,000 | 8,576,813,311,399,000 | 60,821,344,020,316,500 | 8,252,312,816,418,000 | 7,368,112,052,452,000 | 7,192,912,114,453,000 | 12,231,128,799,483,000 | 12,253,232,221,452,000 | 12,607,931,852,453,000 | 91,505,712,845,361,740 | 12,231,128,799,483,000 | 86,606,707,262,877,250 | 11,431,626,026,501,000 | 29,025,504,000 | 10,379,225,162,538,130,000,000 | 10,459,923,892,586,129,000,000 | 10,377,725,257,586,129,000,000 | |||
| commissions | 3,969,841,661,000 | 4,556,742,887,000 | ||||||||||||||||||||||
| premium taxes | 172,005,274,000 | 180,117,493,000 | ||||||||||||||||||||||
| non-deferred acquisition costs | 3,336,912,596,000 | 3,716,814,528,000 | ||||||||||||||||||||||
| segment profit or | 32,032,310,048,842,790,000,000,000 | 3,372,648,472,135,870,600,000,000 | ||||||||||||||||||||||
| insurance administrative expenses: | ||||||||||||||||||||||||
| salaries | 30,855,000 | 33,688,000 | ||||||||||||||||||||||
| other employee costs | 8,063,000 | 10,301,000 | ||||||||||||||||||||||
| information technology costs | 20,561,000 | 20,936,000 | ||||||||||||||||||||||
| legal costs | 6,889,000 | 6,249,000 | ||||||||||||||||||||||
| other administrative costs | 15,828,000 | 16,375,000 | ||||||||||||||||||||||
| parent expense | 3,130,000 | 3,050,000 | 266,715,784,245,000 | 28,472,847,000 | 22,922,292,000 | |||||||||||||||||||
| stock-based compensation expense | 10,090,000 | 12,019,000 | 1,041,210,412,000 | 1,049,710,497,000 | 90,609,060,000 | |||||||||||||||||||
| interest expense | 31,404,000 | 34,992,000 | 21,094,000 | 21,432,000 | 2,243,322,433,000 | 2,241,122,411,000 | 2,162,221,622,000 | |||||||||||||||||
| legal proceedings | 2,435,000 | 6,128,000 | -3,275,000 | |||||||||||||||||||||
| non-operating expenses | 1,257,000 | -651,000 | -637,000 | -1,257,000 | -710,000 | -284,250 | -1,137,000 | -4,617,000 | -112,000 | -2,397,000 | -4,617,000 | -112,000 | -1,272,250 | -2,397,000 | -818,750 | -1,033,000 | ||||||||
| annuity | -1,748,000 | -1,810,000 | ||||||||||||||||||||||
| total expenses | 1,117,923,000 | 1,164,341,000 | 355,467,191,349,000 | 431,455,266,992,000 | 495,159,251,155,000 | 495,254,247,249,000 | 363,734,425,616,250 | 488,011,234,536,000 | 457,767,228,396,000 | 459,534,227,814,000 | 566,930,222,165,000 | 562,374,239,466,000 | 604,148,237,907,000 | 421,954,666,320,750 | 566,930,222,165,000 | 370,817,162,578,000 | 503,318,214,935,000 | 216,740,000 | 436,951,194,948,000 | 441,357,191,902,000 | 443,482,193,750,000 | |||
| income before income taxes per condensed consolidated statements of operations | 322,323,000 | 253,551,000 | 376,958,000 | 322,323,000 | 314,923,000 | 214,388,750 | 318,815,000 | 276,449,000 | 294,176,000 | 230,795,000 | 216,996,000 | 201,615,000 | -599,250 | 230,795,000 | -258,250 | 231,538,000 | 202,921,000 | 212,842,000 | ||||||
| income before income taxes per condensed consolidated statement of operations | 316,081,000 | 220,330,000 | 226,864,000 | |||||||||||||||||||||
| total revenue | -24,383,845,268,548,000 | 818,638,353,955,000 | 815,482,351,643,000 | 804,265,341,019,000 | -2,342,424,535,383,000 | 788,099,331,236,000 | 756,892,320,307,000 | 749,128,315,684,000 | 728,924,299,143,000 | 759,924,319,189,000 | 754,602,317,000,000 | -216,521,388,890,217,130,000,000,000 | 728,924,299,143,000 | -199,447,385,087,746,900,000,000,000 | 6,740,212,877,951,232,000,000,000 | 280,205,000 | 1,141,279,000 | 1,130,461,000 | 6,055,472,552,012,222,000,000,000 | 6,025,342,514,405,218,000,000,000 | 5,983,032,517,985,219,000,000,000 | |||
| yoy | 940.97% | 3.88% | 7.74% | 7.36% | -421.35% | 3.71% | 0.30% | -100.00% | 0.00% | -100.00% | -100.00% | -77272492957019717632.00% | 63868971.38% | -17643013344798883840.00% | 11.31% | -100.00% | -100.00% | |||||||
| qoq | -3078.59% | 0.39% | 1.39% | -134.33% | -397.22% | 4.12% | 1.04% | 2.77% | -4.08% | 0.71% | -100.00% | -29704235288288.70% | -100.00% | -3059.07% | 2405457746275487744.00% | -75.45% | 0.96% | -100.00% | 0.50% | 0.71% | ||||
| policy benefits | 3,732,914,074,190,445,000,000,000 | 45,450,222,192,657,170,000,000 | 51,879,220,542,359,440,000,000 | 51,987,120,232,761,270,000,000 | 384,079,395,169,053,800,000,000 | 51,567,619,379,068,540,000,000 | 5,110,341,972,187,074,000 | 38,307,464,114,730,470,000 | 5,161,961,879,067,303,000 | 33,518,663,661,105,644,000 | 4,592,311,842,377,508,000 | 1,787,117,588,000 | 3,967,011,625,748,581,500,000,000 | 3,993,341,604,618,582,500,000,000 | 4,005,811,606,198,689,700,000,000 | |||||||||
| commissions, premium taxes, and non-deferred acquisition costs | -27,034,717,123,859,000 | 90,758,589,314,000 | 90,267,595,314,000 | 89,322,587,844,000 | -25,113,615,819,246,000 | 84,011,546,624,000 | 74,478,517,296,000 | 73,548,519,529,000 | 58,652,241,166,000 | 63,887,297,035,000 | 62,203,286,028,000 | -1,741,306,728,710,000 | 58,652,241,166,000 | -1,593,696,725,577,000 | 52,856,217,535,000 | 249,956,000 | 74,139,000 | 73,698,000 | 47,609,220,415,000 | 47,250,221,966,000 | 47,394,222,658,000 | |||
| insurance administrative expense | 55,812,359,059,402,000 | 5,527,655,276,000 | 5,547,255,472,000 | |||||||||||||||||||||
| subtotal | 2,541,293,203,053,846,000,000,000 | 38,718,386,963,172,135,000,000 | 320,323,100,488,174,800,000,000 | 30,901,193,770,191,544,000,000 | 221,873,070,112,913,680,000,000 | 30,008,896,700,207,736,000,000 | 29,912,591,911,298,127,000,000 | 28,959,487,870,226,326,000,000 | 16,199,476,978,217,860,000,000 | 19,755,079,723,209,057,000,000 | 15,045,479,093,210,860,000,000 | 1,193,488,059,049,135,400,000,000 | 16,199,476,978,217,860,000,000 | 1,278,013,001,414,197,000,000,000 | 17,070,372,860,225,360,000,000 | 63,465,227,062,737,000 | 16,859,660,253,256,462,000,000 | 16,117,759,538,256,660,000,000 | 15,482,158,048,258,663,000,000 | |||||
| non-operating items | 5,168,000 | |||||||||||||||||||||||
| measure of segment profitability | 2,541,293,203,053,846,000,000,000 | 38,718,386,963,172,135,000,000 | 320,323,100,488,174,800,000,000 | 30,901,193,770,191,544,000,000 | 221,873,070,112,913,680,000,000 | 30,008,896,700,207,736,000,000 | 29,912,591,911,298,127,000,000 | 28,959,487,870,226,326,000,000 | 16,199,476,978,217,860,000,000 | 19,755,079,723,209,057,000,000 | 15,045,479,093,210,860,000,000 | 1,193,488,059,049,135,400,000,000 | 16,199,476,978,217,860,000,000 | 1,278,013,001,414,197,000,000,000 | 17,070,372,860,225,360,000,000 | 63,465,227,062,737,000 | 16,859,660,253,256,462,000,000 | 16,117,759,538,256,660,000,000 | 15,482,158,048,258,663,000,000 | |||||
| legal costs and proceedings | -1,441,000 | -3,329,000 | -2,435,000 | |||||||||||||||||||||
| realized gain—investments | -19,740,750 | -2,193,000 | -30,446,000 | -7,244,000 | 19,789,000 | -30,446,000 | -7,244,000 | 14,150,000 | 19,789,000 | -7,188,000 | 2,135,000 | -26,097,000 | ||||||||||||
| required interest on dac | 55,066,720,364,000 | 56,643,756,249,000 | 56,232,746,353,000 | 4,077,080,310,550,000 | 55,066,720,364,000 | 3,923,354,947,563,250 | 52,709,668,981,000 | 651,988,000 | 489,076,136,145,000 | 482,756,079,150,000 | 479,446,013,153,000 | |||||||||||||
| realized loss—redemption of debt | -9,314,000 | -2,328,500 | -9,314,000 | -158,500 | -634,000 | |||||||||||||||||||
| distribution channel | ||||||||||||||||||||||||
| american income | 28,176,745,240,999,000 | |||||||||||||||||||||||
| direct to consumer | 21,755,935,202,608,000 | |||||||||||||||||||||||
| liberty national | 70,717,114,815,618,000 | |||||||||||||||||||||||
| united american | 2,751,110,290,538,000 | |||||||||||||||||||||||
| family heritage | 931,000 | |||||||||||||||||||||||
| other | 505,648,000 | |||||||||||||||||||||||
| life | ||||||||||||||||||||||||
| life premium | 630,824,000 | 631,201,000 | ||||||||||||||||||||||
| health premium | 269,166,000 | 266,282,000 | ||||||||||||||||||||||
| other premium | 3,000 | 1,000 | ||||||||||||||||||||||
| total premium | 899,993,000 | 897,484,000 | ||||||||||||||||||||||
| benefits and expenses: | ||||||||||||||||||||||||
| life policyholder benefits | 406,963,000 | 410,961,000 | ||||||||||||||||||||||
| health policyholder benefits | 170,875,000 | 170,511,000 | ||||||||||||||||||||||
| other policyholder benefits | 7,854,000 | 7,890,000 | ||||||||||||||||||||||
| total policyholder benefits | 585,692,000 | 589,362,000 | ||||||||||||||||||||||
| amortization of deferred acquisition costs | 138,449,000 | 138,165,000 | ||||||||||||||||||||||
| other operating expense | 74,575,000 | 79,044,000 | ||||||||||||||||||||||
| total benefits and expenses | 893,949,000 | 901,701,000 | ||||||||||||||||||||||
| income before income taxes | 247,330,000 | 228,760,000 | ||||||||||||||||||||||
| income tax benefit | -45,512,000 | -42,151,000 | ||||||||||||||||||||||
| income from continuing operations | 201,818,000 | 186,609,000 | ||||||||||||||||||||||
| income from discontinued operations, net of tax | -43,000 | |||||||||||||||||||||||
| net income | 201,818,000 | 186,566,000 | ||||||||||||||||||||||
| yoy | ||||||||||||||||||||||||
| qoq | 8.18% | |||||||||||||||||||||||
| net income margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 17.68% | 16.50% | 0% | 0% | 0% | |||
| basic net income per common share: | ||||||||||||||||||||||||
| continuing operations | 1,850 | 1,700 | ||||||||||||||||||||||
| discontinued operations | ||||||||||||||||||||||||
| total basic net income per common share | 1,850 | 1,700 | ||||||||||||||||||||||
| diluted net income per common share: | ||||||||||||||||||||||||
| total diluted net income per common share | 1,820 | 1,670 | ||||||||||||||||||||||
| deduct applicable income taxes | -41,744,000 | -39,991,000 | -38,721,000 | |||||||||||||||||||||
| net operating income | 182,722,000 | 175,060,000 | 172,170,000 | |||||||||||||||||||||
| add back income taxes applicable to segment profitability | 41,744,000 | 39,991,000 | 38,721,000 | |||||||||||||||||||||
| add | 1,032,000 | 11,813,000 | 1,951,000 | |||||||||||||||||||||
| add (deduct) administrative settlements | -3,590,000 | |||||||||||||||||||||||
| add (deduct) non-operating costs | -1,578,000 |
We provide you with 20 years income statements for Globe Life stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Globe Life stock. Explore the full financial landscape of Globe Life stock with our expertly curated income statements.
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