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Globe Life

Globe LifeGLEarnings & Financial Report

NYSE · Financials · Life & Health Insurance

Globe Life Inc. (GL) is an American financial services holding company listed on the New York Stock Exchange which operates through its wholly owned subsidiaries providing life insurance, annuity, and supplemental health insurance products. The company is based in McKinney, Texas.

Revenue

$1.3B

Gross Profit

$208.9M

Operating Profit

$209.0M

Net Profit

$164.4M

Gross Margin

16.0%

Operating Margin

16.0%

Net Margin

12.6%

YoY Growth

3.3%

EPS

$1.64

Financial Flow

Globe Life Q1 2022 Financial Summary

Globe Life reported revenue of $1.3B for Q1 2022, with a net profit of $164.4M (12.6% margin). Cost of goods sold was $1.1B, operating expenses totaled $-112.0K.

Key Financial Metrics

Total Revenue$1.3B
Net Profit$164.4M
Gross Margin16.0%
Operating Margin16.0%
Report PeriodQ1 2022

Globe Life Annual Revenue by Year

Globe Life annual revenue history includes year-by-year totals (for example, 2024 revenue was $5.8B).

YearAnnual Revenue
2024$5.8B
2023$5.4B
2022$5.2B

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$1.42B$1.42B$1.44B$1.46B$1.47B$1.48B$1.48B$1.51B
YoY Growth6.0%7.2%8.6%5.2%3.6%4.5%2.8%4.0%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$28.05B$28.57B$28.30B$29.56B$29.08B$29.71B$29.81B$30.53B
Liabilities$23.56B$23.53B$23.07B$24.92B$23.77B$24.28B$24.39B$24.84B
Equity$4.49B$5.04B$5.23B$4.64B$5.31B$5.43B$5.42B$5.69B

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$391.4M$350.8M$374.1M$340.6M$336.9M$431.9M$307.9M$306.0M