What does corporate non — gross profit mean?

The gross profit generated by corporate-level activities that are not part of the primary insurance business segments.

How do you interpret corporate non — gross profit?

An increase indicates higher profitability from non-core corporate activities, while a decrease suggests lower margins or losses in these areas.

How does corporate non — gross profit compare across companies?

Comparable to 'Corporate Segment Gross Margin' or 'Other Revenue Segment Profit' in diversified financial services firms.

Globe Life GL Corporate Non — Gross Profit

Discontinued — last reported Q4 '16

Similar metrics at other companies

DRICorporate Non — Gross Profit

$0—

IQVCorporate Non — Gross Profit

-$61M+1.6%

FORMCorporate Non — Gross Profit

-$6.74M+36.8%

MODCorporate Non — Gross Profit

$200K+113%

CHDCorporate Non — Gross Profit

-$8.2M+10.4%

MODCorporate Non — Gross Profit As Percentage Of Sales

0%—

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

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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:GrossProfit.

The official record: Globe Life’s 10-K, filed February 27, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate non — gross profit mean?: The gross profit generated by corporate-level activities that are not part of the primary insurance business segments.
How do you interpret corporate non — gross profit?: An increase indicates higher profitability from non-core corporate activities, while a decrease suggests lower margins or losses in these areas.
How does corporate non — gross profit compare across companies?: Comparable to 'Corporate Segment Gross Margin' or 'Other Revenue Segment Profit' in diversified financial services firms.