Globe Life Inc
NYSE:GL
Income Statement
Income Statement
Globe Life Inc
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
3 089
|
3 123
|
3 157
|
2 838
|
2 761
|
2 714
|
2 677
|
3 001
|
3 039
|
3 072
|
3 106
|
3 138
|
3 179
|
3 210
|
3 246
|
3 284
|
3 313
|
3 351
|
3 392
|
3 423
|
3 464
|
3 507
|
3 547
|
3 597
|
3 635
|
3 692
|
3 753
|
3 815
|
3 888
|
3 958
|
4 024
|
4 096
|
4 170
|
4 226
|
4 272
|
4 311
|
4 327
|
4 359
|
4 404
|
4 456
|
4 507
|
|
Revenue |
3 838
N/A
|
3 872
+1%
|
3 913
+1%
|
3 620
-7%
|
3 523
-3%
|
3 490
-1%
|
3 463
-1%
|
3 766
+9%
|
3 809
+1%
|
3 851
+1%
|
3 893
+1%
|
3 935
+1%
|
3 981
+1%
|
4 018
+1%
|
4 074
+1%
|
4 156
+2%
|
4 202
+1%
|
4 258
+1%
|
4 296
+1%
|
4 304
+0%
|
4 353
+1%
|
4 398
+1%
|
4 456
+1%
|
4 528
+2%
|
4 542
+0%
|
4 592
+1%
|
4 646
+1%
|
4 739
+2%
|
4 872
+3%
|
4 962
+2%
|
5 054
+2%
|
5 122
+1%
|
5 164
+1%
|
5 185
+0%
|
5 190
+0%
|
5 215
+0%
|
5 228
+0%
|
5 262
+1%
|
5 355
+2%
|
5 448
+2%
|
5 542
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 969)
|
(3 011)
|
(3 047)
|
(2 757)
|
(2 673)
|
(2 629)
|
(2 600)
|
(2 923)
|
(2 965)
|
(3 000)
|
(3 039)
|
(3 079)
|
(3 127)
|
(3 164)
|
(3 200)
|
(3 240)
|
(3 265)
|
(3 295)
|
(3 328)
|
(3 346)
|
(3 380)
|
(3 419)
|
(3 455)
|
(3 503)
|
(3 540)
|
(3 611)
|
(3 680)
|
(3 751)
|
(3 867)
|
(3 925)
|
(4 009)
|
(3 746)
|
(4 187)
|
(4 224)
|
(4 234)
|
(4 032)
|
(4 154)
|
(4 136)
|
(4 138)
|
(4 150)
|
(4 201)
|
|
Selling, General & Administrative |
(171)
|
(172)
|
(175)
|
(215)
|
(216)
|
(215)
|
(216)
|
(224)
|
(226)
|
(228)
|
(229)
|
(232)
|
(236)
|
(241)
|
(246)
|
(257)
|
(262)
|
(268)
|
(274)
|
(274)
|
(280)
|
(285)
|
(291)
|
(295)
|
(298)
|
(298)
|
(297)
|
(297)
|
(298)
|
(304)
|
(308)
|
(311)
|
(319)
|
(325)
|
(334)
|
(346)
|
(346)
|
(347)
|
(345)
|
(343)
|
0
|
|
Benefits Claims Loss Adjustment |
(2 346)
|
(2 384)
|
(2 413)
|
(2 126)
|
(2 035)
|
(1 985)
|
(1 947)
|
(2 254)
|
(2 286)
|
(2 312)
|
(2 345)
|
(2 378)
|
(2 414)
|
(2 441)
|
(2 467)
|
(2 493)
|
(2 509)
|
(2 526)
|
(2 544)
|
(2 554)
|
(2 575)
|
(2 601)
|
(2 623)
|
(2 655)
|
(2 681)
|
(2 745)
|
(2 811)
|
(2 878)
|
(2 983)
|
(3 033)
|
(3 102)
|
(3 114)
|
(3 243)
|
(3 275)
|
(3 274)
|
(3 331)
|
(3 242)
|
(3 289)
|
(3 353)
|
(3 423)
|
(3 458)
|
|
Policy Acquisition Expense |
(406)
|
(408)
|
(414)
|
(416)
|
(422)
|
(429)
|
(437)
|
(446)
|
(454)
|
(459)
|
(464)
|
(469)
|
(476)
|
(481)
|
(487)
|
(490)
|
(494)
|
(501)
|
(508)
|
(517)
|
(523)
|
(532)
|
(541)
|
(552)
|
(560)
|
(568)
|
(570)
|
(576)
|
(585)
|
(587)
|
(598)
|
(318)
|
(609)
|
(616)
|
(621)
|
(349)
|
(558)
|
(497)
|
(437)
|
(380)
|
(387)
|
|
Other Operating Expenses |
(46)
|
(46)
|
(46)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
(2)
|
(1)
|
0
|
0
|
(2)
|
(2)
|
(15)
|
(7)
|
(5)
|
(5)
|
(8)
|
(3)
|
(2)
|
(4)
|
(357)
|
|
Operating Income |
869
N/A
|
861
-1%
|
866
+1%
|
863
0%
|
851
-1%
|
861
+1%
|
863
+0%
|
843
-2%
|
844
+0%
|
851
+1%
|
854
+0%
|
856
+0%
|
853
0%
|
854
+0%
|
874
+2%
|
915
+5%
|
937
+2%
|
964
+3%
|
968
+0%
|
957
-1%
|
973
+2%
|
979
+1%
|
1 001
+2%
|
1 024
+2%
|
1 002
-2%
|
981
-2%
|
966
-1%
|
987
+2%
|
1 005
+2%
|
1 037
+3%
|
1 044
+1%
|
1 376
+32%
|
977
-29%
|
962
-2%
|
956
-1%
|
1 195
+25%
|
1 074
-10%
|
1 126
+5%
|
1 217
+8%
|
1 297
+7%
|
1 341
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(79)
|
(77)
|
(76)
|
(76)
|
(76)
|
(76)
|
(76)
|
(77)
|
(77)
|
(81)
|
(82)
|
(83)
|
(85)
|
(83)
|
(83)
|
(85)
|
(86)
|
(87)
|
(88)
|
(90)
|
(90)
|
(89)
|
(87)
|
(84)
|
(84)
|
(85)
|
(86)
|
(87)
|
(87)
|
(86)
|
(85)
|
(83)
|
(82)
|
(82)
|
(85)
|
(90)
|
(95)
|
(99)
|
(101)
|
(102)
|
(106)
|
|
Non-Reccuring Items |
(3)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(10)
|
(6)
|
(9)
|
(12)
|
(6)
|
(7)
|
(4)
|
(5)
|
(6)
|
(14)
|
(17)
|
0
|
(12)
|
(4)
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
|
Pre-Tax Income |
788
N/A
|
782
-1%
|
788
+1%
|
785
0%
|
775
-1%
|
785
+1%
|
787
+0%
|
766
-3%
|
767
+0%
|
770
+0%
|
772
+0%
|
772
N/A
|
769
0%
|
771
+0%
|
790
+2%
|
831
+5%
|
852
+3%
|
877
+3%
|
876
0%
|
864
-1%
|
879
+2%
|
881
+0%
|
908
+3%
|
931
+3%
|
906
-3%
|
890
-2%
|
874
-2%
|
897
+3%
|
913
+2%
|
946
+4%
|
945
0%
|
1 275
+35%
|
895
-30%
|
867
-3%
|
866
0%
|
1 102
+27%
|
979
-11%
|
1 026
+5%
|
1 115
+9%
|
1 194
+7%
|
1 235
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(246)
|
(243)
|
(249)
|
(257)
|
(249)
|
(257)
|
(258)
|
(250)
|
(248)
|
(244)
|
(238)
|
(233)
|
(226)
|
(227)
|
(235)
|
(249)
|
(234)
|
(215)
|
(189)
|
(163)
|
(167)
|
(166)
|
(170)
|
(170)
|
(165)
|
(162)
|
(159)
|
(165)
|
(168)
|
(174)
|
(174)
|
(243)
|
(164)
|
(159)
|
(160)
|
(208)
|
(180)
|
(189)
|
(208)
|
(224)
|
(234)
|
|
Income from Continuing Operations |
542
|
539
|
539
|
528
|
526
|
528
|
529
|
516
|
519
|
526
|
534
|
540
|
543
|
544
|
556
|
581
|
618
|
662
|
687
|
701
|
712
|
715
|
738
|
761
|
741
|
727
|
715
|
732
|
745
|
771
|
771
|
1 031
|
731
|
708
|
706
|
894
|
799
|
837
|
908
|
971
|
1 001
|
|
Net Income (Common) |
542
N/A
|
539
-1%
|
539
+0%
|
543
+1%
|
532
-2%
|
528
-1%
|
541
+2%
|
527
-3%
|
530
+0%
|
541
+2%
|
547
+1%
|
550
+0%
|
559
+2%
|
561
+0%
|
563
+0%
|
1 455
+159%
|
1 495
+3%
|
1 539
+3%
|
1 564
+2%
|
702
-55%
|
713
+2%
|
715
+0%
|
738
+3%
|
761
+3%
|
741
-3%
|
727
-2%
|
715
-2%
|
732
+2%
|
745
+2%
|
771
+4%
|
771
0%
|
1 031
+34%
|
731
-29%
|
708
-3%
|
706
0%
|
894
+27%
|
799
-11%
|
837
+5%
|
908
+8%
|
971
+7%
|
1 001
+3%
|
|
EPS (Diluted) |
4.01
N/A
|
4.04
+1%
|
4.08
+1%
|
4.09
+0%
|
4.13
+1%
|
4.14
+0%
|
4.28
+3%
|
4.15
-3%
|
4.29
+3%
|
4.4
+3%
|
4.48
+2%
|
4.49
+0%
|
4.64
+3%
|
4.71
+2%
|
4.75
+1%
|
12.22
+157%
|
12.8
+5%
|
13.29
+4%
|
13.6
+2%
|
6.08
-55%
|
6.34
+4%
|
6.4
+1%
|
6.65
+4%
|
6.83
+3%
|
6.79
-1%
|
6.79
N/A
|
6.67
-2%
|
6.82
+2%
|
7.1
+4%
|
7.39
+4%
|
7.53
+2%
|
9.99
+33%
|
7.28
-27%
|
7.15
-2%
|
7.19
+1%
|
9.04
+26%
|
8.15
-10%
|
8.69
+7%
|
9.47
+9%
|
10.07
+6%
|
10.51
+4%
|