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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›GL›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

GLOBE LIFE INC. (GL) financials

Income statement

GLOBE LIFE INC. (GL) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$3.93B$4.16B$4.30B$4.53B$4.74B$5.11B$5.23B$5.45B$5.78B$5.99B
Revenue growth—5.6%3.6%5.2%4.6%7.9%2.2%4.2%6.1%3.7%
Gross profit$783M$807M$865M$911M$901M$1.22B$1.18B$1.26B——
Gross margin19.9%19.4%20.1%20.1%19.0%23.8%22.6%23.1%——
Operating income$787M$821M$871M$920M$905M$1.23B$1.19B$1.27B——
Operating margin20.0%19.8%20.2%20.3%19.1%24.0%22.7%23.2%——
Net income$550M$1.45B$701M$761M$732M$1.03B$894M$971M$1.07B$1.16B
Net margin14.0%35.0%16.3%16.8%15.4%20.2%17.1%17.8%18.5%19.4%
EPS (diluted)$4.49$12.22$6.09$6.83$6.82$9.99$9.04$10.07$11.94$14.07

Cash flow

GLOBE LIFE INC. (GL) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$1.40B$1.43B$1.28B$1.36B$1.48B$1.44B$1.42B$1.48B$1.40B$1.40B
Capital expenditures$25.2M$20.3M$45.1M$42.2M$41.8M$38.2M$27.9M$49.6M$71.0M$142M
Free cash flow$1.37B$1.41B$1.23B$1.32B$1.43B$1.40B$1.39B$1.43B$1.33B$1.25B
Share buybacks$405M$413M$422M$460M$444M$541M$455M$511M$1.00B$881M
Dividends paid$66.9M$68.8M$71.4M$74.2M$78.2M$80.0M$80.5M$84.1M$85.5M$86.1M

Balance sheet

GLOBE LIFE INC. (GL) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$76.2M$119M$121M$75.9M$94.8M$92.2M$92.6M$103M$165M$145M
Total assets$21.4B$23.5B$23.1B$26.0B$29.0B$29.8B$28.2B$28.1B$29.1B$30.8B
Total liabilities$16.9B$17.2B$17.7B$18.7B$20.3B$21.1B$25.7B$23.6B$23.8B$24.8B
Long-term debt$1.13B$1.13B$1.36B$1.35B$1.67B$1.55B$1.63B$1.63B$2.32B$2.32B
Shareholders' equity$4.57B$6.23B$5.42B$7.29B$8.77B$2.00B$3.95B$4.49B$5.31B$5.97B
Retained earnings$3.89B$4.81B$5.21B$5.55B$5.87B$6.18B$6.89B$7.48B$8.00B$8.55B
Shares (wtd avg diluted)122M119M115M111M107M103M99.0M96.4M89.7M82.5M

Every figure is extracted from GLOBE LIFE INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is GLOBE LIFE INC.'s annual revenue?
GLOBE LIFE INC. (GL) reported $5.99B of revenue for fiscal year 2025 — up 3.7% from $5.78B in FY2024, per its annual report filed with the SEC.
Is GLOBE LIFE INC. profitable?
Yes — GL earned $1.16B of net income in FY2025, a 19.4% net margin, per SEC filings.
What is GLOBE LIFE INC.'s free cash flow?
$1.25B in FY2025 (operating cash flow $1.40B minus $142M of capital expenditures), from the SEC cash-flow statement.
Does GL pay a dividend?
Yes — GLOBE LIFE INC. paid $86.1M in cash dividends during FY2025, per its SEC cash-flow statement.
Full GL analysis — verdict, score & filings →Is GL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.