Globe Total Operating Expenses from 2010 to 2024

GL Stock  USD 76.17  1.92  2.46%   
Globe Life Total Operating Expenses yearly trend continues to be quite stable with very little volatility. Total Operating Expenses may rise above about 742.5 M this year. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
1985-09-30
Previous Quarter
189.3 M
Current Value
1.1 B
Quarterly Volatility
710.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globe Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globe main balance sheet or income statement drivers, such as Interest Expense of 71.3 M, Total Revenue of 3.3 B or Gross Profit of 3.2 B, as well as many exotic indicators such as Price To Sales Ratio of 1.54, Dividend Yield of 0.0069 or PTB Ratio of 2.45. Globe financial statements analysis is a perfect complement when working with Globe Life Valuation or Volatility modules.
  
This module can also supplement Globe Life's financial leverage analysis and stock options assessment as well as various Globe Life Technical models . Check out the analysis of Globe Life Correlation against competitors.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.

Latest Globe Life's Total Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of Globe Life over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Globe Life's Total Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globe Life's overall financial position and show how it may be relating to other accounts over time.
Total Operating Expenses10 Years Trend
Slightly volatile
   Total Operating Expenses   
       Timeline  

Globe Total Operating Expenses Regression Statistics

Arithmetic Mean543,383,093
Coefficient Of Variation553.75
Mean Deviation2,579,170,862
Median2,576,000,000
Standard Deviation3,008,969,254
Sample Variance9053896T
Range7.6B
R-Value(0.48)
Mean Square Error7464287.9T
R-Squared0.23
Significance0.07
Slope(325,789,154)
Total Sum of Squares126754543.6T

Globe Total Operating Expenses History

2024742.5 M
2023707.1 M
2022-3.9 B
2021-4.2 B
2020-3.8 B
2019-3.6 B
20183.4 B

About Globe Life Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Globe Life income statement, its balance sheet, and the statement of cash flows. Globe Life investors use historical funamental indicators, such as Globe Life's Total Operating Expenses, to determine how well the company is positioned to perform in the future. Although Globe Life investors may use each financial statement separately, they are all related. The changes in Globe Life's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Globe Life's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Globe Life Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Globe Life. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Operating Expenses707.1 M742.5 M

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When determining whether Globe Life is a strong investment it is important to analyze Globe Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Globe Life's future performance. For an informed investment choice regarding Globe Stock, refer to the following important reports:
Check out the analysis of Globe Life Correlation against competitors.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Globe Stock analysis

When running Globe Life's price analysis, check to measure Globe Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globe Life is operating at the current time. Most of Globe Life's value examination focuses on studying past and present price action to predict the probability of Globe Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Life's price. Additionally, you may evaluate how the addition of Globe Life to your portfolios can decrease your overall portfolio volatility.
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Is Globe Life's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globe Life. If investors know Globe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globe Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.171
Dividend Share
0.675
Earnings Share
10.46
Revenue Per Share
58.678
Quarterly Revenue Growth
0.072
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globe Life's market value can be influenced by many factors that don't directly affect Globe Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.