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Globe Life GL Material Reconciling Items — Benefits Losses And Expenses

Discontinued — last reported Q1 '18

Similar metrics at other companies

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HUMMaterial Reconciling Items — Benefits Losses And Expenses
$28M-15.2%
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HUMMaterial Reconciling Items — Shortduration Insurance Contracts Incurred Claims And Allocated Claim Adjustment Expense Net
$36M+38.5%
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HUMMaterial Reconciling Items — Policyholder Benefits And Claims Incurred Health Care
$26M-10.3%
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TMaterial Reconciling Items — Operating Income
-$1.74B-11.7%
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BRMaterial Reconciling Items — Operating Income
$850K-68.2%
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CRBGLife Insurance — Other reconciling items

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 us-gaap:BenefitsLossesAndExpenses.

The official record: Globe Life’s 10-Q, filed May 7, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does material reconciling items — benefits losses and expenses mean?
The reconciling adjustment for total insurance benefits and related expenses not attributed to specific business segments.
How do you interpret material reconciling items — benefits losses and expenses?
An increase in these unallocated expenses may suggest rising claims costs or operational inefficiencies that are not captured at the segment level.
How does material reconciling items — benefits losses and expenses compare across companies?
Similar to unallocated corporate expense or reconciling benefit items in other multi-segment insurance firms.