GLOBE LIFE INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $5.99B | $5.78B | $5.45B | $5.23B | $5.11B | $4.74B | $4.53B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | $1.26B | $1.18B | $1.22B | $901.1M | $910.7M |
| Gross Margin | — | — | — | 23.1% | 22.6% | 23.8% | 19.0% | 20.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | $302.1M | $307.5M | $282.0M | $254.9M | $249.1M |
| Operating Income | — | $1.58B | $1.45B | $1.27B | $1.19B | $1.23B | $905.4M | $920.1M |
| Operating Margin | — | 26.3% | 25.2% | 23.2% | 22.7% | 24.0% | 19.1% | 20.3% |
| Interest Expense | — | $141.2M | $127.1M | $102.3M | $90.4M | $83.5M | $86.7M | $84.3M |
| Pretax Income | — | $1.44B | $1.33B | $1.19B | $1.10B | $1.27B | $896.7M | $931.3M |
| Income Tax Expense | — | $274.7M | $255.9M | $223.5M | $207.7M | $243.5M | $164.9M | $170.4M |
| Net Income | — | $1.16B | $1.07B | $970.8M | $894.4M | $1.03B | $731.8M | $760.8M |
| Net Margin | — | 19.4% | 18.5% | 17.8% | 17.1% | 20.2% | 15.4% | 16.8% |
| EPS (Basic) | — | $14.27 | $11.99 | $10.21 | $9.13 | $10.10 | $6.90 | $6.97 |
| EPS (Diluted) | — | $14.07 | $11.94 | $10.07 | $9.04 | $9.99 | $6.82 | $6.83 |
| Shares Outstanding (Basic) | 78.6M | 81.4M | 89.3M | 95.1M | 97.9M | 102.1M | 106.1M | 109.2M |
| Shares Outstanding (Diluted) | 78.6M | 82.5M | 89.7M | 96.4M | 99.0M | 103.2M | 107.2M | 111.4M |
| Dividends Per Share | — | $1.08 | $0.96 | $0.90 | $0.83 | $0.79 | $0.75 | $0.69 |