Globe Life
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Globe Life's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $5,447,533,000. The net income raised on $970,755,000 and profit margin reached 18%. Total operating expenses were $3,782,713,000.
Profit Margin
| 2014 | 3.96B | 542.93M | 13.69% |
|---|---|---|---|
| 2015 | 3.76B | 527.1M | 14% |
| 2016 | 3.93B | 550M | 13.98% |
| 2017 | 4.15B | 1.45B | 34.99% |
| 2018 | 4.30B | 701M | 16.29% |
| 2019 | 4.52B | 760.79M | 16.8% |
| 2020 | 4.73B | 731.77M | 15.45% |
| 2021 | 5.11B | 744.95M | 14.57% |
| 2022 | 5.21B | 894.38M | 17.15% |
| 2023 | 5.44B | 970.75M | 17.82% |
GL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 5.44B | 5.21B | 5.11B | 4.73B | 4.52B | 4.30B | 4.15B | 3.93B | 3.76B | 3.96B |
Cost of revenue | 347.83M | 353.95M | 322.02M | 301.03M | 304.82M | 279.58M | 257.25M | 232.06M | 223.85M | 222.65M |
Gross profit | 5.09B | 4.86B | 4.79B | 4.43B | 4.22B | 4.02B | 3.89B | 3.70B | 3.54B | 3.74B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 9.4M | 10M | 9.8M | 9.5M | 29.28M | 9.3M | 9.3M | 9.7M | 8M |
Total operating expenses | 3.78B | -3.86B | -4.20B | -3.84B | -3.59B | 3.35B | 3.24B | 3.07B | 2.92B | 2.75B |
Operating income | 1.31B | 996.70M | 911.17M | 895.35M | 929.86M | 953.70M | 1.45B | 539.59M | 516.29M | 854.59M |
Other income (expenses), net | -122.72M | -90.39M | 1.21M | -101.23M | 1.41M | 1M | -627.61M | 1M | 249.89M | -88.42M |
Income before tax | 1.19B | 906.31M | 912.39M | 896.68M | 931.27M | 864M | 831M | 772M | 766.18M | 778.46M |
Income tax expense | 223.51M | 166.60M | 167.43M | 164.91M | 170.39M | 162M | -628M | 233M | 249.89M | 235.52M |
Net income | 970.75M | 894.38M | 744.95M | 731.77M | 760.79M | 701M | 1.45B | 550M | 527.1M | 542.93M |
Earnings per share | ||||||||||
Basic EPS | 10.21 | 7.55 | 7.3 | 6.9 | 6.97 | 6.22 | 12.5 | 4.58 | 4.21 | 4.15 |
Diluted EPS | 10.07 | 7.47 | 7.22 | 6.82 | 6.83 | 6.08 | 12.22 | 4.49 | 4.16 | 4.09 |
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