Globe Life Inc.
GLFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
5,778
Cost of Revenue
3,304
Gross Profit
2,474
Gross Margin
42.8%
Operating Income
1,508
Operating Margin
26.1%
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
348
Gross Profit
5,100
Gross Margin
93.6%
Operating Income
1,317
Operating Margin
24.2%
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
5,215
Cost of Revenue
354
Gross Profit
4,861
Gross Margin
93.2%
Operating Income
1,212
Operating Margin
23.2%
Net Income
894
Net Margin
17.2%
EPS (Basic)
$7.55
EPS (Diluted)
$7.47
EBITDA
1,193
EBITDA Margin
22.9%
2021
12/31/2021
Revenue
5,113
Cost of Revenue
322
Gross Profit
4,791
Gross Margin
93.7%
Operating Income
1,358
Operating Margin
26.6%
Net Income
1,031
Net Margin
20.2%
EPS (Basic)
$7.30
EPS (Diluted)
$7.22
EBITDA
1,358
EBITDA Margin
26.6%
2020
12/31/2020
Revenue
4,738
Cost of Revenue
301
Gross Profit
4,437
Gross Margin
93.6%
Operating Income
998
Operating Margin
21.1%
Net Income
732
Net Margin
15.4%
EPS (Basic)
$6.90
EPS (Diluted)
$6.82
EBITDA
983
EBITDA Margin
20.8%