Globe Life GL Other — Effect of capping and flooring

Discontinued — last reported Q4 '20

Similar metrics at other companies

PRUTotal — Flooring impact, EOP

$249M+115%

METInsurance, Other — Effect of changes in capital markets

$1M-80.0%

CINFWhole Life Insurance — Impact of flooring at cohort level

$1M0.0%

CINFTerm Life Insurance — Impact of flooring at cohort level

$16M-20.0%

PRULong- Term Care — Flooring impact, EOP

$0—

PRUTerm Life — Flooring impact, EOP

$2M—

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 gl:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitEffectOfCappingAndFlooring.

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