What is Globe Life's annuity — other income?

Globe Life (GL) reported annuity — other income of $0 in Q3 2024.

What does annuity — other income mean?

Additional revenue earned by the annuity segment outside of core premiums and investment returns.

How do you interpret annuity — other income?

An increase may indicate successful fee-based service expansion, while a decrease suggests a decline in secondary revenue sources.

How does annuity — other income compare across companies?

Often categorized as 'Fee Income' or 'Other Revenue' in peer insurance segment reports.

Globe Life GL Annuity — Other income

Discontinued — last reported Q3 '24

Similar metrics at other companies

AFGAnnuity — Other Income

$36M+20.0%

METAnnuities — Premiums, Fees & Other Revenues

$3.5B+38.3%

AIZEmployee Benefits — Other Income

$6.25M+3.3%

AFGProperty and Casualty Insurance — Other Income

$4M+33.3%

CRBGLife Insurance — Other income

——

UHAL.BLife Insurance — Other Income

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Other financials

Income statement

See full

Revenue$1.6B+5.3%

Net income$270.5M+6.3%

EPS (diluted)$3.39+12.6%

Balance sheet

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Cash & equivalents$255.2M+9.9%

Total debt$3.2B-1.3%

Total equity$6.1B+12.1%

Total assets$31.0B+4.2%

Cash flow

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Operating cash flow$420.9M-2.5%

CapEx$24.9M+112%

Free cash flow$396.0M-5.7%

Valuation

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Market cap$13.26B-0.4%

Enterprise value$16.24B-0.8%

P/E11.3×-1.2×

P/S2.2×-0.1×

Profitability

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Net margin19.4%+1.0pp

FCF margin20.2%-3.9pp

Returns & leverage

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Return on equity20.5%0.0pp

Debt / equity0.5×-0.1×

Where this comes from

Reported directly by Globe Life in its filing.

Tagged under the XBRL concept us-gaap:OtherIncome.

The official record: Globe Life’s 10-Q, filed November 6, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globe Life's annuity — other income?: Globe Life (GL) reported annuity — other income of $0 in Q3 2024.
What does annuity — other income mean?: Additional revenue earned by the annuity segment outside of core premiums and investment returns.
How do you interpret annuity — other income?: An increase may indicate successful fee-based service expansion, while a decrease suggests a decline in secondary revenue sources.
How does annuity — other income compare across companies?: Often categorized as 'Fee Income' or 'Other Revenue' in peer insurance segment reports.