Globe Life income statement
In fiscal 2025, Globe Life reported revenue of $5.99bn, up 3.7% on the year before and net income of $1.16bn, or $14.07 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,115 | 3,368 | 3,377 | 3,590 | 3,494 | 3,620 | 3,766 | 3,935 | 4,156 | 4,304 | 4,528 | 4,738 | 5,112 | 5,227 | 5,448 | 5,778 | 5,994 | 6,192 |
| Gross profit | 707 | 713 | 698 | 728 | 747 | 761 | 775 | 783 | 807 | 865 | 911 | 901 | 1,215 | 1,179 | 1,260 | — | — | — |
| General and administrative | 151 | 156 | 179 | 165 | 177 | 177 | 186 | 197 | 211 | 228 | 249 | 255 | 282 | 308 | 302 | — | — | — |
| Operating income | 707 | 722 | 732 | 754 | 756 | 772 | 776 | 787 | 821 | 871 | 920 | 905 | 1,227 | 1,186 | 1,265 | — | — | — |
| Interest expense | 70 | 76 | 78 | 81 | 80 | 76 | 77 | 83 | 85 | 90 | 84 | 87 | 83 | 90 | 102 | 127 | 141 | 141 |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | — | — | — | — | 1 | 2 | 4 | −1 | −0 |
| Income before tax | 577 | 751 | 724 | 766 | 755 | 785 | 766 | 772 | 831 | 864 | 931 | 897 | 1,275 | 1,102 | 1,194 | 1,327 | 1,436 | 1,496 |
| Income tax | 191 | 246 | 226 | 237 | 248 | 257 | 250 | 233 | −628 | 162 | 170 | 165 | 243 | 208 | 224 | 256 | 275 | 283 |
| Net income | 405 | 499 | 497 | 529 | 528 | 543 | 527 | 550 | 1,454 | 701 | 761 | 732 | 1,031 | 894 | 971 | 1,071 | 1,161 | 1,212 |
| Diluted EPS | $2.17 | $2.70 | $3.02 | $3.60 | $3.79 | $4.09 | $4.16 | $4.49 | $12.22 | $6.09 | $6.83 | $6.82 | $9.99 | $9.04 | $10.07 | $11.94 | $14.07 | $15.08 |
| Diluted shares (average) | 187m | 185m | 165m | 147m | 140m | 133m | 127m | 122m | 119m | 115m | 111m | 107m | 103m | 99m | 96m | 90m | 83m | 80m |
| EBITDA | 712 | 728 | 739 | 761 | 762 | 779 | 784 | 797 | 832 | 884 | 936 | 922 | 1,247 | 1,207 | 1,286 | — | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,455 | 1,466 | 1,480 | 1,481 | 1,513 | 1,520 | 1,560 | 1,600 |
| Gross profit | 379 | — | — | — | — | — | — | — |
| General and administrative | 89 | — | — | — | — | — | — | — |
| Operating income | 383 | — | — | — | — | — | — | — |
| Interest expense | 31 | 36 | 35 | 35 | 36 | 35 | 34 | 36 |
| Provision for credit losses | 1 | 0 | −0 | 0 | 0 | −1 | 0 | 0 |
| Income before tax | 377 | 312 | 316 | 313 | 477 | 329 | 334 | 355 |
| Income tax | 74 | 57 | 62 | 61 | 89 | 63 | 64 | 67 |
| Net income | 303 | 255 | 255 | 253 | 388 | 266 | 271 | 288 |
| Diluted EPS | $3.44 | $3.01 | $3.01 | $3.05 | $4.73 | $3.30 | $3.39 | $3.65 |
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