Globe Life Inc. (GL) Net Income
The trailing-twelve-month (TTM) net income for Globe Life Inc. (GL) is $1.18 Billion with a year-over-year change of +9.90%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
GL Annual Net Income
Net Income (TTM)
$1.18B
$1.18 Billion
Year-over-Year Change
+9.90%
vs. $1.07B a year ago (TTM)
Net Income CAGR
+9.59%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
+9.90%
3 Year
+11.47%
5 Year
+9.59%
10 Year
+8.32%
15 Year
+5.94%
20 Year
+4.40%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $1.16B | +$90.39M | +8.44% |
| 2024 | $1.07B | +$100.01M | +10.30% |
| 2023 | $970.75M | +$76.37M | +8.54% |
| 2022 | $894.39M | ($136.73M) | (13.26%) |
| 2021 | $1.03B | +$299.34M | +40.91% |
| 2020 | $731.77M | ($29.02M) | (3.81%) |
| 2019 | $760.79M | +$59.32M | +8.46% |
| 2018 | $701.47M | ($752.53M) | (51.76%) |
| 2017 | $1.45B | +$904.22M | +164.47% |
| 2016 | $549.78M | +$22.68M | +4.30% |
Net Income Growth Summary
TTM Growth
+9.90%
3-Year Avg Growth
+11.47%
5-Year Avg Growth
+9.59%
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