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GLOBE LIFE INC. (GL)

For the quarter ending 2025-06-30, GL made $1,481,287K in revenue. $252,749K in net income. Net profit margin of 17.06%.

Overview

Revenue
$1,481,287K
Net Income
$252,749K
Net Profit Margin
17.06%
EPS
$3.05
Unit: Thousand (K) dollars
Revenue Breakdown
    • Life Segment
    • Health Segment
    • Fixed Maturities
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenue1,481,287 1,480,422 1,455,407 1,440,246
Other Insurance Product Line6,719 7,080 - -
Life Insurance Segment519,355 509,756 - -
Health Insurance Product Line229,924 233,929 - -
Total policyholder benefits755,998 750,765 688,184 735,694
Other operating expense108,293 108,746 104,874 99,108
Interest expense34,885 34,992 31,388 31,404
Amortization of deferred acquisition costs111,401 105,515 104,310 101,915
Commissions, premium taxes, and non-deferred acquisition costs157,411 164,323 149,693 149,802
Total benefits and expenses1,167,988 1,164,341 1,078,449 1,117,923
Income before income taxes313,299 316,081 376,958 322,323
Income tax benefit (expense)60,550 61,518 73,964 63,968
Net income252,749 254,563 302,994 258,355
Basic net income per common share (in dollars per share)3.09 3.05 3.45 2.83
Basic weighted average shares outstanding (in shares)81,915,162 83,479,997 87,874,488 91,441,350
Diluted net income per common share (in dollars per share)3.05 3.01 3.44 2.83
Diluted weighted average shares outstanding (in shares)82,792,661 84,480,113 88,087,041 91,441,350
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Mortgage Loans$5,350K (-22.56%↓ Y/Y)Fixed Maturities$245,205K (-0.81%↓ Y/Y)Other Long TermInvestments$21,438K (13.11%↑ Y/Y)Policy Loans$13,850K (5.85%↑ Y/Y)Short TermInvestments$3,059K (-15.61%↓ Y/Y)Investment income, gross$288,902K (-0.31%↓ Y/Y)Health Segment$378,099K (7.52%↑ Y/Y)Life Segment$839,544K (2.95%↑ Y/Y)Net investmentincome$282,169K (-1.21%↓ Y/Y)Other income$49K (-33.78%↓ Y/Y)Revenue$1,217,643K (4.33%↑ Y/Y)Less investmentexpense$6,733K (62.24%↑ Y/Y)Total revenue$1,481,287K (2.85%↑ Y/Y)Realized gains (losses)-$18,574K (-47.54%↓ Y/Y)Income before incometaxes$313,299K (-2.80%↓ Y/Y)Total benefits andexpenses$1,167,988K (4.48%↑ Y/Y)Net income$252,749K (-2.17%↓ Y/Y)Income tax benefit(expense)$60,550K (-5.34%↓ Y/Y)Commissions, premium taxes,and non-deferred...$157,411K (5.08%↑ Y/Y)Amortization of deferredacquisition costs$111,401K (9.31%↑ Y/Y)Interest expense$34,885K (11.08%↑ Y/Y)Other operatingexpense$108,293K (9.27%↑ Y/Y)Total policyholderbenefits$755,998K (2.76%↑ Y/Y)Health InsuranceProduct Line$229,924K Life InsuranceSegment$519,355K Other InsuranceProduct Line$6,719K