← GLOBE LIFE INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $549.8m |
$1.5b
+164.56%
|
$701.5m
-51.77%
|
$760.8m
+8.46%
|
$731.8m
-3.81%
|
$745.0m
+1.80%
|
$739.7m
-0.71%
|
$970.8m
+31.24%
|
$1.1b
+10.30%
|
$1.2b
+8.45%
|
— | |
| Deferred Policy Acquisition Costs, Amortization Expense | $469.1m | $490.4m | $516.7m | $551.7m | $575.8m | $603.8m | $624.4m | $379.7m | $410.0m | $447.8m | — | |
| Depreciation | $9.8m | $10.5m | $13.0m | $16.0m | $17.0m | $20.0m | $21.0m | $21.0m | $27.0m | $30.0m | — | |
| Deferred Income Tax Expense (Benefit) | $99.8m | ($765.9m) | $27.5m | $35.4m | $35.3m | $22.7m | $28.4m | $77.6m | $37.7m | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $26.3m | $37.0m | $39.8m | $44.8m | $35.9m | $30.3m | $35.6m | $30.7m | $40.1m | $53.4m | — | |
| Share-based Payment Arrangement, Expense | $26.3m | $37.0m | $39.8m | $44.8m | $35.9m | $30.3m | $35.6m | $30.7m | $40.1m | $53.4m | — | |
| Nonoperating Income (Expense) | $4.3m | $14.1m | $5.2m | $9.4m | $4.3m | $11.9m | $7.8m | $5.1m | $2.6m | ($2.2m) | — | |
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | — | — | — | — | — | — | — | — | — | $0 | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $508.9m | $512.5m | $552.6m | $611.1m | $570.1m | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $1.4b |
$1.4b
+2.17%
|
$1.3b
-10.60%
|
$1.4b
+6.75%
|
$1.5b
+8.25%
|
$1.4b
-2.62%
|
$1.4b
-1.08%
|
$1.5b
+4.24%
|
$1.4b
-5.40%
|
$1.4b
-0.43%
|
$1.4b
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $25.2m | $20.3m | $45.1m | $42.2m | $41.8m | $38.2m | $27.9m | $49.6m | $71.0m | $142.5m | ($69.0m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $236.4m | $488.8m | $343.7m | $840.2m | $416.3m | $311.0m | $462.0m | $250.7m | $214.4m | $313.7m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | ($1.8m) | — | — | — | ($32.6m) | ($77.3m) | ($11.6m) | ($30.4m) | — | |
| Gain (Loss) on Sale of Investments | ($10.7m) | $23.6m | ($1.8m) | $20.6m | ($4.4m) | $59.3m | ($76.5m) | ($65.7m) | ($24.2m) | ($27.8m) | — | |
| Payments to Acquire Investments | $1.6b | $1.4b | $1.2b | $1.7b | $1.5b | $1.3b | $1.7b | $1.9b | $2.0b | $1.3b | ($1.4b) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | $7.1m | $56.7m | $0 | $0 | ($96k) | $0 | — | |
| Net Cash Provided by (Used in) Investing Activities | ($1.1b) | ($926.8m) | ($896.2m) | ($809.3m) | ($1.2b) | ($913.4m) | ($943.0m) | ($926.1m) | ($641.5m) | ($643.6m) | ($318.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | — | — | $700.0m | $325.0m | $250.5m | $170.0m | — | — | ($70.0m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | ($11.1m) | $0 | ($634k) | ($9.3m) | $0 | $0 | — | — | — | |
| Payments for Repurchase of Common Stock | $404.8m | $413.0m | $421.7m | $459.6m | $443.9m | $541.4m | $454.6m | $511.1m | $1.0b | $881.0m | — | |
| Proceeds from Issuance of Common Stock | $61.3m | $61.2m | $36.1m | $83.2m | $48.1m | $69.8m | $106.6m | $114.1m | $51.8m | $164.4m | $115.4m | |
| Dividends paid | $66.9m | $68.8m | $71.4m | $74.2m | $78.2m | $80.0m | $80.5m | $84.1m | $85.5m | $86.1m | ($84.3m) | |
| Net Cash Provided by (Used in) Financing Activities | ($319.8m) |
($454.0m)
-41.96%
|
($391.5m)
+13.76%
|
($590.5m)
-50.82%
|
($274.1m)
+53.59%
|
($523.6m)
-91.06%
|
($492.5m)
+5.95%
|
($541.5m)
-9.96%
|
($715.8m)
-32.20%
|
($768.1m)
-7.29%
|
($951.3m)
-23.86%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($45.1m) | $18.9m | ($2.7m) | $396k | $10.6m | $62.2m | ($20.6m) | $235.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $75.9m | $94.8m | $92.2m | $92.6m | $103.2m | $165.3m | $144.7m | $235.0m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($9.1m) | ($1.7m) | ($3.4m) | $13.7m | ($4.2m) | $17.1m | ($5.3m) | $4.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $83.5m | $81.7m | $83.5m | $83.1m | $88.8m | $99.5m | $117.0m | $144.7m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | $47.0m | $140.9m | — | |
| Additional Financial Items | ||||||||||||
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | — | — | $1.3m | $1.0m | $22.9m | ($29.4m) | $15.1m | ($16.7m) | ($10.1m) | — | |
| Gain (Loss) on Sale of Mortgage Loans | — | — | — | — | — | — | — | ($5.6m) | ($4.0m) | ($2.8m) | — | |
| General and Administrative Expense | $197.2m | $210.6m | $227.5m | $249.1m | $254.9m | $282.0m | $307.5m | $302.1m | — | — | — | |
| Goodwill | $441.6m | $441.6m | $441.6m | $441.6m | $441.6m | $481.8m | $481.8m | $481.8m | $490.4m | $490.4m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $539.6m | $1.5b | $701.5m | $760.9m | $731.8m | $745.0m | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $10.2m | ($3.8m) | ($44k) | ($92k) | $0 | $0 | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $232.6m | ($627.6m) | $162.2m | $170.4m | $164.9m | $167.4m | $166.6m | $223.5m | $255.9m | $274.7m | — | |
| Proceeds from Stock Options Exercised | $61.3m | $61.2m | $36.1m | $83.2m | $48.1m | $69.8m | $106.6m | $114.1m | $51.8m | $164.4m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | — | $1.9m | $4.0m | ($852k) | — | |
| Realized Investment Gains (Losses) | ($10.7m) | $23.6m | $9.3m | $20.6m | ($3.7m) | $68.6m | ($76.5m) | ($65.7m) | ($24.2m) | ($27.8m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.