Globe Life Inc. (GL) Financial Statements
Industry: Life Insurance
In fiscal 2025, Globe Life reported revenue of $5.99B, up 3.7% from $5.78B the year before. Net income was $1.16B (a 19.4% net margin), or $14.07 per diluted share. Gross margin was 51.9% and operating margin was 51.9%. Operating activities generated $1.40B of cash, leaving $1.25B of free cash flow. At fiscal year end, Globe Life held $30.81B in total assets against $24.84B in total liabilities.
Open the full interactive Globe Life financials → Quarterly statements, key ratios, valuation history and price charts.
Globe Life Key Stats
| Share Price | $166.01 |
|---|---|
| Market Cap | $13.10B |
| P/E Ratio | 11.8 |
| Dividend Yield | 0.69% |
| Revenue YoY Growth | +3.7% |
| 52-Week Range | $129.31 – $185.65 |
| Shares Outstanding | 77.5 million (basic, 2026 Q2) |
Globe Life Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $4.74B | $5.11B | $5.21B | $5.45B | $5.78B | $5.99B |
| Cost of Goods Sold | $2.57B | $2.86B | $2.87B | $2.86B | $2.89B | $2.88B |
| Gross Profit | $901.1M | $853.1M | $982.9M | $1.26B | $2.88B | $3.11B |
| Operating Income | $905.4M | $865.0M | $990.7M | $1.27B | $2.88B | $3.11B |
| Pre-Tax Income | $896.7M | $912.4M | $906.3M | $1.19B | $1.33B | $1.44B |
| Income Tax | $164.9M | $167.4M | $166.6M | $223.5M | $255.9M | $274.7M |
| Net Income | $731.8M | $745.0M | $739.7M | $970.8M | $1.07B | $1.16B |
| Diluted EPS | $6.82 | $7.22 | $7.47 | $10.07 | $11.94 | $14.07 |
Globe Life Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.51B | $1.52B | $1.56B | $1.60B |
| Net Income | $387.8M | $266.1M | $270.5M | $287.7M |
| Diluted EPS | $4.73 | $3.22 | $3.39 | $3.65 |
Globe Life Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Total Assets | $29.05B | $29.77B | $25.54B | $28.05B | $29.08B | $30.81B |
| Total Long-Term Debt | $1.67B | $1.70B | $1.79B | $1.63B | $2.32B | $2.32B |
| Total Liabilities | $20.28B | $21.13B | $20.64B | $23.56B | $23.77B | $24.84B |
| Shareholders' Equity | $8.77B | $8.64B | $4.90B | $4.49B | $5.31B | $5.97B |
Globe Life Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.48B | $1.44B | $1.42B | $1.48B | $1.40B | $1.40B |
| Cash From Investing | -$1.18B | -$913.4M | -$943.0M | -$926.1M | -$641.5M | -$643.6M |
| Cash From Financing | -$274.1M | -$523.6M | -$492.5M | -$541.5M | -$715.8M | -$768.1M |
| Free Cash Flow | $1.43B | $1.40B | $1.39B | $1.43B | $1.33B | $1.25B |
| Dividends Paid | $78.2M | $80.0M | $80.5M | $84.1M | $85.5M | $86.1M |
Figures from Globe Life's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Globe Life financials page for every line item.
Globe Life Company Profile
| Ticker | GL |
|---|---|
| Exchange | NYSE |
| Industry | Life Insurance |
| Headquarters | Mckinney, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000320335 |
Frequently Asked Questions
What was Globe Life's revenue in fiscal 2025?
Globe Life (GL) reported revenue of $5.99B for fiscal 2025.
What is Globe Life's annual revenue history?
Globe Life's annual revenue by fiscal year: 2020: $4.74B; 2021: $5.11B; 2022: $5.21B; 2023: $5.45B; 2024: $5.78B; 2025: $5.99B.
What was Globe Life's net income in fiscal 2025?
Globe Life reported net income of $1.16B for fiscal 2025.
What was Globe Life's earnings per share (EPS) in fiscal 2025?
Globe Life's diluted EPS was $14.07 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Globe Life generate in fiscal 2025?
Globe Life generated $1.25B of free cash flow in fiscal 2025.
What was Globe Life's revenue last quarter?
In its most recent reported quarter (2026 Q2), Globe Life reported revenue of $1.60B.
How much debt does Globe Life have?
Globe Life reported $2.32B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Globe Life are outstanding?
Globe Life reported a weighted average of 77.5 million basic shares outstanding in 2026 Q2.
What is Globe Life's market cap?
Based on its latest closing price, Globe Life (GL) has a market capitalization of about $13.10B.
When does Globe Life's fiscal year end?
Globe Life's fiscal year end, as registered with the SEC, is December 31.
Where is Globe Life headquartered?
Globe Life lists its business address in Mckinney, Texas in its SEC filings.