Globe Life Inc. (GL) Interest Expense
The interest expense for Globe Life Inc. (GL) is $141.22 Million with a year-over-year change of +11.12%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
GL Interest Expense Chart
Current Interest Expense
$141.22M
$141.22 Million
Year-over-Year Change
+11.12%
vs. $127.09M prior year
Historical Data
30
Years of data available
Annual Interest Expense History
| Year | Interest Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $141.22M | +$14.13M | +11.12% |
| 2024 | $127.09M | +$24.78M | +24.22% |
| 2023 | $102.32M | +$11.92M | +13.19% |
| 2022 | $90.39M | +$6.91M | +8.28% |
| 2021 | $83.49M | $-3.22M | -3.71% |
| 2020 | $86.70M | +$2.40M | +2.84% |
| 2019 | $84.31M | $-5.77M | -6.41% |
| 2018 | $90.08M | +$5.08M | +5.97% |
| 2017 | $85.00M | +$1.66M | +1.99% |
| 2016 | $83.34M | +$6.70M | +8.75% |
| 2015 | $76.64M | +$516,000 | +0.68% |
| 2014 | $76.13M | $-4.33M | -5.39% |
| 2013 | $80.46M | $-51,000 | -0.06% |
| 2012 | $80.51M | +$2.60M | +3.34% |
| 2011 | $77.91M | +$2.38M | +3.15% |
| 2010 | $75.53M | +$5.60M | +8.00% |
| 2009 | $69.93M | +$6.70M | +10.60% |
| 2008 | $63.23M | $-4.33M | -6.42% |
| 2007 | $67.56M | $-5.57M | -7.62% |
| 2006 | $73.14M | +$12.20M | +20.02% |
| 2005 | $60.93M | +$4.44M | +7.86% |
| 2004 | $56.49M | +$391,000 | +0.70% |
| 2003 | $56.10M | +$27.51M | +96.20% |
| 2002 | $28.59M | $-15.91M | -35.75% |
| 2001 | $44.51M | $-9.98M | -18.32% |
| 2000 | $54.49M | +$2.15M | +4.10% |
| 1999 | $52.34M | $-3.98M | -7.07% |
| 1998 | $56.33M | $-15.57M | -21.66% |
| 1997 | $71.90M | $-1.71M | -2.32% |
| 1996 | $73.61M | — | — |
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