Globe Life Inc. (GL) Capital Expenditures
The capex for Globe Life Inc. (GL) is $142.48 Million with a year-over-year change of +100.55%. Capital Expenditures (CapEx) represents spending on physical assets like property, plant, equipment, and technology infrastructure. It's the investment in the company's future productive capacity.
GL CapEx Chart
Current CapEx
$142.48M
$142.48 Million
Year-over-Year Change
+100.55%
vs. $71.05M prior year
Historical Data
30
Years of data available
Annual CapEx History
| Year | CapEx | YoY Change | % Change |
|---|---|---|---|
| 2025 | $142.48M | +$71.44M | +100.55% |
| 2024 | $71.05M | +$21.49M | +43.37% |
| 2023 | $49.55M | +$21.62M | +77.42% |
| 2022 | $27.93M | $-10.31M | -26.97% |
| 2021 | $38.24M | $-3.51M | -8.41% |
| 2020 | $41.76M | $-447,000 | -1.06% |
| 2019 | $42.20M | $-2.89M | -6.41% |
| 2018 | $45.09M | +$24.81M | +122.29% |
| 2017 | $20.29M | $-4.88M | -19.38% |
| 2016 | $25.16M | $-11.79M | -31.92% |
| 2015 | $36.96M | +$17.59M | +90.82% |
| 2014 | $19.37M | +$8.20M | +73.42% |
| 2013 | $11.17M | +$6.50M | +139.30% |
| 2012 | $4.67M | $-719,000 | -13.35% |
| 2011 | $5.39M | $-3.79M | -41.34% |
| 2010 | $9.18M | +$2.68M | +41.27% |
| 2009 | $6.50M | $-3.30M | -33.68% |
| 2008 | $9.80M | $-14.36M | -59.44% |
| 2007 | $24.16M | +$16.50M | +215.23% |
| 2006 | $7.67M | +$4.64M | +153.81% |
| 2005 | $3.02M | $-980,000 | -24.50% |
| 2004 | $4.00M | +$386,000 | +10.68% |
| 2003 | $3.61M | +$1.17M | +47.99% |
| 2002 | $2.44M | $-1.25M | -33.86% |
| 2001 | $3.69M | $-2.82M | -43.27% |
| 2000 | $6.51M | $-1.99M | -23.38% |
| 1999 | $8.49M | +$2.32M | +37.67% |
| 1998 | $6.17M | $-3.25M | -34.51% |
| 1997 | $9.42M | $-5.99M | -38.87% |
| 1996 | $15.41M | — | — |
About Globe Life Inc.
Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United States. The company's operations are structured into four key segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. Its offerings encompass whole life, term life, and other life protection plans; supplemental health benefits like Medicare supplements, critical illness, and accident policies; and both single-premium and flexible-premium deferred annuities. Founded in 1979 and headquartered in McKinney, Texas, the enterprise rebranded from Torchmark Corporation to Globe Life Inc. in August 2019.
- Sector
- Financial Services
- Industry
- Insurance - Life
- CEO
- Frank Martin Svoboda