Globe Life Inc.
GLFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
5,778
Cost of Revenue
3,908
Gross Profit
1,870
Gross Margin
32.4%
Operating Income
1,327
Operating Margin
23.0%
Net Income
1,071
Net Margin
18.5%
EPS (Basic)
$11.99
EPS (Diluted)
$11.94
EBITDA
1,454
EBITDA Margin
25.2%
2023
12/31/2023
Revenue
5,448
Cost of Revenue
3,807
Gross Profit
1,640
Gross Margin
30.1%
Operating Income
1,194
Operating Margin
21.9%
Net Income
971
Net Margin
17.8%
EPS (Basic)
$10.21
EPS (Diluted)
$10.07
EBITDA
1,297
EBITDA Margin
23.8%
2022
12/31/2022
Revenue
5,227
Cost of Revenue
3,686
Gross Profit
1,541
Gross Margin
29.5%
Operating Income
1,102
Operating Margin
21.1%
Net Income
894
Net Margin
17.1%
EPS (Basic)
$7.55
EPS (Diluted)
$7.47
EBITDA
1,193
EBITDA Margin
22.8%
2021
12/31/2021
Revenue
5,121
Cost of Revenue
3,434
Gross Profit
1,687
Gross Margin
32.9%
Operating Income
1,275
Operating Margin
24.9%
Net Income
1,031
Net Margin
20.1%
EPS (Basic)
$7.30
EPS (Diluted)
$7.22
EBITDA
1,358
EBITDA Margin
26.5%
2020
12/31/2020
Revenue
4,739
Cost of Revenue
3,455
Gross Profit
1,284
Gross Margin
27.1%
Operating Income
897
Operating Margin
18.9%
Net Income
732
Net Margin
15.4%
EPS (Basic)
$6.90
EPS (Diluted)
$6.82
EBITDA
983
EBITDA Margin
20.8%