Globe Life Inc. (GLPD) Financial Statements (2026 and earlier)

Company Profile

Business Address 7677 HENNEMAN WAY
MCKINNEY, TX 75070
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6311 - Life Insurance (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments459250185207161203
Cash and cash equivalent145165103939295
Short-term investments315858211469108
Total current assets:459250185207161203
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 370284240212205186
Long-term investments and receivables1,3961,236836976794547
Long-term investments1,3961,236836976794547
Intangible asset, including goodwill, after accumulated amortization490490482482482442
Goodwill490490482482482442
Total noncurrent assets:2,2562,0101,5581,6701,4811,175
Other undisclosed assets28,09826,81526,30923,66128,12627,670
TOTAL ASSETS:30,81429,07628,05125,53729,76829,047
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt305415486615629255
Total current liabilities:305415486615629255
Noncurrent Liabilities
Long-term debt and lease obligation2,3212,3241,6301,6281,5461,668
Long-term debt, excluding current maturities2,3212,3241,6301,6281,5461,668
Total noncurrent liabilities:2,3212,3241,6301,6281,5461,668
Other undisclosed liabilities22,21421,03121,44918,39918,94918,353
Total liabilities:24,83923,77123,56520,64121,12520,276
Equity
Equity, attributable to parent5,9755,3064,4874,8968,6438,771
Common stock9297102105109113
Treasury stock, value(1,429)(1,292)(854)(790)(847)(773)
Additional paid in capital536528532530521527
Accumulated other comprehensive income (loss)(1,771)(2,030)(2,772)(1,416)2,6783,029
Retained earnings8,5478,0037,4796,4666,1825,874
Total equity:5,9755,3064,4874,8968,6438,771
TOTAL LIABILITIES AND EQUITY:30,81429,07628,05125,53729,76829,047

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues5,9945,7785,4485,2155,1134,738
Premiums earned, net4,8904,6664,4564,3034,1003,814
Net investment income1,1301,1361,057987952927
Cost of revenue(3,332)(3,304)(3,244)(3,490)(3,463)(3,149)
Policyholder benefits and claims incurred, net(2,884)(2,894)(2,864)(2,865)(2,860)(2,573)
Deferred policy acquisition costs, amortization expense(448)(410)(380)(624)(604)(576)
Other undisclosed gross profit   (944)(742)(796)(688)
Gross profit:2,6622,4741,260983853901
Operating expenses(714)(419)    
Other undisclosed operating income   58124
Operating income:1,9482,0541,265991865905
Nonoperating expense(2)(19)(17)(22)(21)(18)
Investment income, nonoperating(27)(19)(17)(22)(21)(18)
Interest and debt expense   (102)(90)(9)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes      10
Income from continuing operations before equity method investments, income taxes:1,9462,0351,145878835897
Other undisclosed income (loss) from continuing operations before income taxes(510)(709)492878 
Income from continuing operations before income taxes:1,4361,3271,194906912897
Income tax expense(275)(256)(224)(167)(167)(165)
Income from continuing operations:1,1611,071971740745732
Income before gain (loss) on sale of properties:✕✕✕✕✕745732
Net income available to common stockholders, diluted:1,1611,071971740745732

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:1,1611,071971740745732
Other comprehensive income (loss)469(627)755(5,191)(447)1,498
Comprehensive income (loss):1,6314431,725(4,451)2982,229
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(211)1,370(737)1,09895(313)
Comprehensive income (loss), net of tax, attributable to parent:1,4201,813989(3,354)3931,916

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: