Globe Life (GL) Financials: History & Chart

Globe Life Inc. (GL)GLGlobe Life Inc.

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.

McKinney, TX

3,695 employees

www.home.globelifeinsurance.com

Financial Services / Insurance - Life

Sector: Financial Services
Industry: Insurance - Life
CEO: Frank Martin Svoboda

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	6.20B	1.60B	1.56B	1.52B	1.51B	1.48B	1.48B	1.47B	1.46B
Cost of Goods Sold	5.14B	2.40B	789.58M	1.06B	888.19M	1.02B	1.02B	998.84M	942.19M
Gross Profit	1.05B	-804.06M	770.03M	462.61M	624.80M	456.48M	459.82M	467.44M	513.22M
Gross Profit Margin	17.0%	-50.3%	49.4%	30.4%	41.3%	30.8%	31.1%	31.9%	35.3%
Total Operating Expenses	481.52M	-174.43M	401.90M	106.35M	147.70M	143.18M	143.74M	155.01M	136.26M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	319.47M	-174.43M	401.90M	92.00M	0.00	0.00	105.70M	97.12M	0.00
Operating Income (EBIT)	571.87M	-629.62M	368.13M	356.26M	477.10M	313.30M	316.08M	312.43M	376.96M
Operating Margin	9.2%	-39.4%	23.6%	23.4%	31.5%	21.2%	21.4%	21.3%	25.9%
Income Before Tax (EBT)	1.50B	354.89M	334.13M	333.25M	477.10M	313.30M	316.08M	312.43M	376.96M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	141.39M	36.05M	34.00M	35.21M	36.13M	34.88M	34.99M	35.70M	31.39M
Other Income/Expense	927.50M	984.51M	-34.00M	-23.01M	0.00	0.00	0.00	0.00	0.00
Net Income	1.21B	287.75M	270.53M	266.00M	387.84M	252.75M	254.56M	255.20M	302.99M
Income Tax Expense	287.25M	67.14M	63.61M	67.25M	89.26M	60.55M	61.52M	57.24M	73.96M
Net Profit Margin	19.6%	18.0%	17.3%	17.5%	25.6%	17.1%	17.2%	17.4%	20.8%
EBITDA	571.87M	-629.62M	368.13M	356.26M	477.10M	313.30M	316.08M	312.43M	376.96M
EBITDA Margin	9.2%	-39.4%	23.6%	23.4%	31.5%	21.2%	21.4%	21.3%	25.9%
Depreciation & Amortization	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Basic	8.16	-3.45	3.45	3.35	4.81	3.09	3.05	3.04	3.45
EPS Diluted	8.06	-3.39	3.45	3.29	4.71	3.05	3.01	3.01	3.44
Shares Outstanding	78.41M	78.41M	78.41M	80.85M	83.48M	83.48M	83.48M	83.95M	87.87M
Diluted Shares Outstanding	79.80M	79.80M	79.80M	80.85M	82.02M	82.79M	84.48M	84.75M	88.09M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	6.00B	5.78B	5.45B	5.23B	5.12B	4.74B	4.53B	4.31B
Cost of Goods Sold	3.99B	3.91B	3.81B	3.69B	3.43B	3.45B	3.21B	3.07B
Gross Profit	2.00B	1.87B	1.64B	1.54B	1.69B	1.28B	1.32B	1.24B
Gross Profit Margin	33.4%	32.4%	30.1%	29.5%	32.9%	27.1%	29.1%	28.8%
Total Operating Expenses	540.97M	543.62M	445.98M	439.04M	412.39M	387.34M	388.49M	379.16M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	197.70M	382.55M	331.90M	334.99M	301.90M	286.84M	285.56M	267.32M
Operating Income (EBIT)	1.46B	1.33B	1.19B	1.10B	1.27B	896.68M	931.28M	863.67M
Operating Margin	24.4%	23.0%	21.9%	21.1%	24.9%	18.9%	20.6%	20.0%
Income Before Tax (EBT)	1.44B	1.33B	1.19B	1.10B	1.27B	896.68M	931.28M	863.67M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	141.22M	127.09M	102.32M	90.39M	83.49M	86.70M	84.31M	90.08M
Other Income/Expense	-23.01M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	1.16B	1.07B	970.75M	894.39M	1.03B	731.77M	760.79M	701.47M
Income Tax Expense	278.57M	255.88M	223.51M	207.72M	243.50M	164.91M	170.40M	162.16M
Net Profit Margin	19.4%	18.5%	17.8%	17.1%	20.1%	15.4%	16.8%	16.3%
EBITDA	1.46B	1.33B	1.19B	1.10B	1.27B	896.68M	931.28M	863.67M
EBITDA Margin	24.4%	23.0%	21.9%	21.1%	24.9%	18.9%	20.6%	20.0%
Depreciation & Amortization	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Basic	14.30	11.99	10.21	9.13	7.30	6.90	6.97	6.22
EPS Diluted	14.06	11.94	10.07	9.04	7.22	6.82	6.83	6.08
Shares Outstanding	80.85M	83.95M	95.08M	97.93M	102.07M	106.08M	109.15M	112.70M
Diluted Shares Outstanding	80.85M	84.75M	96.36M	98.98M	103.17M	107.22M	111.38M	115.25M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.