GL · XBRL financial data
Globe Life financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (GL's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 4,738 | 5,113 | 5,215 | 5,448 | 5,778 | 5,994 |
| Gross profit | 901 | 853 | 983 | 1,260 | — | — |
| General and administrative | 255 | 282 | 308 | 302 | — | — |
| Operating income (loss) | 905 | 865 | 991 | 1,265 | — | — |
| Interest expense | 87 | 83 | 90 | 102 | 127 | 141 |
| Income tax expense (benefit) | 165 | 167 | 167 | 224 | 256 | 275 |
| Net income (loss) | 732 | 745 | 740 | 971 | 1,071 | 1,161 |
| Earnings per share, basic USD per share | 6.90 | 7.30 | 7.55 | 10.21 | 11.99 | 14.27 |
| Earnings per share, diluted USD per share | 6.82 | 7.22 | 7.47 | 10.07 | 11.94 | 14.07 |
| Weighted average shares, basic millions of shares | 106 | 102 | 98 | 95 | 89 | 81 |
| Weighted average shares, diluted millions of shares | 107 | 103 | 99 | 96 | 90 | 83 |
Balance sheet
CSVFiscal years (GL's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 95 | 92 | 93 | 103 | 165 | 145 |
| Short-term investments | 108 | 69 | 114 | 82 | 85 | 315 |
| Property and equipment, net | — | — | 212 | 240 | 284 | 370 |
| Goodwill | 442 | 482 | 482 | 482 | 490 | 490 |
| Total assets | 29,047 | 29,768 | 25,537 | 28,051 | 29,076 | 30,814 |
| Current portion of long-term debt | 0 | 150 | 166 | 0 | — | — |
| Long-term debt | 1,668 | 1,546 | 1,628 | 1,630 | 2,324 | 2,321 |
| Total liabilities | 20,276 | 21,125 | 20,641 | 23,565 | 23,771 | 24,839 |
| Retained earnings | 5,874 | 6,182 | 6,466 | 7,479 | 8,003 | 8,547 |
| Total stockholders' equity | 8,771 | 8,643 | 4,896 | 4,487 | 5,306 | 5,975 |
| Total liabilities and equity | 29,047 | 29,768 | 25,537 | 28,051 | 29,076 | 30,814 |
| Common shares outstanding (cover page) millions of shares | 103 | 99 | 96 | 94 | 84 | 79 |
Cash flows
CSVFiscal years (GL's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 732 | 745 | 740 | 971 | 1,071 | 1,161 |
| Stock-based compensation | 36 | 30 | 36 | 31 | 40 | 53 |
| Net cash from operating activities | 1,476 | 1,438 | 1,422 | 1,482 | 1,402 | 1,396 |
| Purchases of property and equipment | 42 | 38 | 28 | 50 | 71 | 142 |
| Net cash from investing activities | (1,182) | (913) | (943) | (926) | (642) | (644) |
| Proceeds from issuing common stock | 48 | 70 | 107 | 114 | 52 | 164 |
| Share repurchases | 444 | 541 | 455 | 511 | 1,002 | 881 |
| Dividends paid | 78 | 80 | 81 | 84 | 85 | 86 |
| Proceeds from long-term debt | 700 | 325 | 250 | 170 | — | — |
| Net cash from financing activities | (274) | (524) | (492) | (541) | (716) | (768) |
| Net change in cash | 19 | (3) | 0 | 11 | 62 | (21) |
Compare with peers
SIC 6311 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6311 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Globe Life | 257 | 1,600 | 314* | 76.8M | — | 10-QJun 30, 2026 |
| American National Group | 8,416 | 1,706 | not reported | 10,000 | — | 10-QJun 30, 2026 |
| Primerica | 600 | 865 | 194* | 30.8M | — | 10-QJun 30, 2026 |
| Corebridge Financial | 453 | 6,164 | 605* | 438.5M | — | 10-QSep 30, 2026 |
| Reinsurance Group of America | 5,288 | 6,637 | (484)* | 65.3M | — | 10-QJun 30, 2026 |
| Voya Financial | 1,085 | 1,896 | 503* | 90.6M | — | 10-QJun 30, 2026 |
| Lincoln National | 10,165 | 4,542 | (558)* | 191.4M | 18.2 quarters | 10-QJun 30, 2026 |
| Jackson Financial | 4,101 | 1,542 | 1,417* | 66.1M | — | 10-QSep 30, 2026 |
| Genworth Financial | 1,986 | 1,901 | 52* | 377.9M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.