What is Globe Life's annuity — total assets?

Globe Life (GL) reported annuity — total assets of $2.97M in Q4 2023.

What does annuity — total assets mean?

The aggregate value of all assets allocated to the annuity segment, including investments, cash, and intangible assets. This represents the total resource base supporting the segment's insurance obligations.

Globe Life GL Annuity — Total Assets

Discontinued — last reported Q4 '23

Similar metrics at other companies

APOIndexed Annuities — Asset

$183M-35.8%

KKRVariable- and Other Annuities — Asset

$524K+745%

APOIndexed Annuities — Total

$106.34B+6.9%

KKRFixed Indexed Annuities — Asset

$464K+440%

PRUIndividual Life — Total Assets

$86.14B-28.6%

FRHCInsurance — Total Assets

$892.19M+25.1%

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

See full

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

See full

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

See full

Net margin19.4%+1.0pp

FCF margin20.2%-3.9pp

Returns & leverage

See full

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:Assets.

The official record: Globe Life’s 10-K, filed February 28, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globe Life's annuity — total assets?: Globe Life (GL) reported annuity — total assets of $2.97M in Q4 2023.
What does annuity — total assets mean?: The aggregate value of all assets allocated to the annuity segment, including investments, cash, and intangible assets. This represents the total resource base supporting the segment's insurance obligations.