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Globe Life GL Corporate Non — Parent Expense

Discontinued — last reported Q4 '16

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Other financials

Income statement

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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 tmk:ParentExpense.

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

Questions, answered.

What does corporate non — parent expense mean?
This metric represents the administrative and overhead costs incurred at the corporate level that are not directly attributable to specific insurance product segments or the parent holding company entity. It captures centralized operational expenses necessary for maintaining the broader corporate infrastructure. Monitoring this helps investors assess the efficiency of shared corporate services and non-allocated overhead management.