Globe Historical Income Statement
| GL Stock | USD 78.09 2.34 3.09% |
Historical analysis of Globe Life income statement accounts such as Gross Profit of 3.2 B can show how well Globe Life performed in making a profits. Evaluating Globe Life income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Globe Life's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Globe Life latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Globe Life is a good buy for the upcoming year.
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About Globe Income Statement Analysis
Globe Life Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Globe Life shareholders. The income statement also shows Globe investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Globe Life Income Statement Chart
Globe Life Income Statement is one of the three primary financial statements used for reporting Globe's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Globe Life revenue and expense. Globe Life Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Globe Life's Total Operating Expenses is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 1.3 B this year, although the value of Total Revenue will most likely fall to about 3.3 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts Globe Life generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Globe Life minus its cost of goods sold. It is profit before Globe Life operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Globe Life. It is also known as Globe Life overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Globe Life operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Globe Life is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Globe Life income statement and is an important metric when analyzing Globe Life profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Globe Life's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Globe Life current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globe Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.At this time, Globe Life's Total Operating Expenses is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 1.3 B this year, although the value of Total Revenue will most likely fall to about 3.3 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 5.1B | 5.2B | 5.4B | 3.3B | Interest Expense | 83.5M | 90.4M | 102.3M | 71.3M |
Globe Life income statement Correlations
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Globe Life Account Relationship Matchups
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Globe Life income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 84.3M | 86.7M | 83.5M | 90.4M | 102.3M | 71.3M | |
| Total Revenue | 4.5B | 4.7B | 5.1B | 5.2B | 5.4B | 3.3B | |
| Gross Profit | 4.2B | 4.4B | 4.8B | 4.9B | 5.1B | 3.2B | |
| Other Operating Expenses | 3.6B | 3.8B | 4.2B | 4.3B | 4.1B | 2.4B | |
| Operating Income | 929.9M | 895.4M | 911.2M | 996.7M | 1.3B | 687.7M | |
| Ebit | 929.9M | 895.4M | 911.2M | 996.7M | (124.2M) | (118.0M) | |
| Ebitda | 929.9M | 895.4M | 911.2M | 996.7M | (103.2M) | (98.1M) | |
| Total Operating Expenses | (3.6B) | (3.8B) | (4.2B) | (3.9B) | 707.1M | 742.5M | |
| Net Income | 760.8M | 731.8M | 745.0M | 739.7M | 970.8M | 501.9M | |
| Income Tax Expense | 170.4M | 164.9M | 167.4M | 166.6M | 223.5M | 175.0M | |
| Depreciation And Amortization | 16M | 17M | 20M | 21M | 18.9M | 18.0M | |
| Income Before Tax | 931.3M | 896.7M | 912.4M | 906.3M | 1.2B | 824.6M | |
| Total Other Income Expense Net | 1.4M | 1.3M | 1.2M | (90.4M) | 1.2B | 1.3B | |
| Cost Of Revenue | 304.8M | 301.0M | 322.0M | 354.0M | 347.8M | 251.7M | |
| Selling And Marketing Expenses | 9.5M | 9.8M | 10M | 9.4M | 19.2M | 33.6M | |
| Selling General Administrative | 304.8M | 286.8M | 301.9M | 335.0M | 331.9M | 288.6M | |
| Net Income From Continuing Ops | 760.9M | 731.8M | 745.0M | 739.7M | 970.8M | 822.2M | |
| Net Income Applicable To Common Shares | 760.8M | 731.8M | 745.0M | 739.7M | 850.7M | 799.5M | |
| Tax Provision | 170.4M | 164.9M | 167.4M | 166.6M | 223.5M | 234.7M | |
| Interest Income | 84.3M | 86.7M | 83.5M | 90.4M | 104.0M | 93.4M | |
| Net Interest Income | (84.3M) | (86.7M) | (83.5M) | (90.4M) | (102.3M) | (107.4M) |
Globe Life Investors Sentiment
The influence of Globe Life's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Globe. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Globe Life's public news can be used to forecast risks associated with an investment in Globe. The trend in average sentiment can be used to explain how an investor holding Globe can time the market purely based on public headlines and social activities around Globe Life. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Globe Life's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Globe Life's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Globe Life's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Globe Life.
Globe Life Implied Volatility | 203.81 |
Globe Life's implied volatility exposes the market's sentiment of Globe Life stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Globe Life's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Globe Life stock will not fluctuate a lot when Globe Life's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Globe Life in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Globe Life's short interest history, or implied volatility extrapolated from Globe Life options trading.
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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.