Globe Life (GL) Revenue & Revenue Breakdown
Globe Life Revenue Highlights
Latest Revenue (Y)
$5.45B
Latest Revenue (Q)
$1.44B
Main Segment (Y)
Life Segment
Globe Life Revenue by Period
Globe Life Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $5.45B | 4.46% |
| 2022-12-31 | $5.21B | 2.00% |
| 2021-12-31 | $5.11B | 7.91% |
| 2020-12-31 | $4.74B | 4.65% |
| 2019-12-31 | $4.53B | 5.19% |
| 2018-12-31 | $4.30B | 3.56% |
| 2017-12-31 | $4.16B | 5.64% |
| 2016-12-31 | $3.93B | 4.46% |
| 2015-12-31 | $3.77B | -5.01% |
| 2014-12-31 | $3.96B | 5.11% |
| 2013-12-31 | $3.77B | 5.08% |
| 2012-12-31 | $3.59B | 6.28% |
| 2011-12-31 | $3.38B | 0.29% |
| 2010-12-31 | $3.37B | 4.51% |
| 2009-12-31 | $3.22B | -3.14% |
| 2008-12-31 | $3.33B | -4.58% |
| 2007-12-31 | $3.49B | 1.92% |
| 2006-12-31 | $3.42B | 9.45% |
| 2005-12-31 | $3.13B | 1.77% |
| 2004-12-31 | $3.07B | 4.81% |
| 2003-12-31 | $2.93B | 7.04% |
| 2002-12-31 | $2.74B | 1.14% |
| 2001-12-31 | $2.71B | 7.60% |
| 2000-12-31 | $2.52B | 12.98% |
| 1999-12-31 | $2.23B | 3.20% |
| 1998-12-31 | $2.16B | -5.46% |
| 1997-12-31 | $2.28B | 3.47% |
| 1996-12-31 | $2.21B | 6.69% |
| 1995-12-31 | $2.07B | 7.54% |
| 1994-12-31 | $1.92B | -11.76% |
| 1993-12-31 | $2.18B | - |
Globe Life generated $5.45B in revenue during NA 2023, up 4.46% compared to the previous quarter, and up 126.57% compared to the same period a year ago.
Globe Life Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.44B | 1.70% |
| 2024-03-31 | $1.42B | 0.03% |
| 2023-12-31 | $1.42B | 2.28% |
| 2023-09-30 | $1.38B | 4.35% |
| 2023-06-30 | $1.33B | 0.39% |
| 2023-03-31 | $1.32B | -0.10% |
| 2022-12-31 | $1.32B | 2.43% |
| 2022-09-30 | $1.29B | -0.04% |
| 2022-06-30 | $1.29B | -1.27% |
| 2022-03-31 | $1.31B | 0.85% |
| 2021-12-31 | $1.30B | 1.53% |
| 2021-09-30 | $1.28B | 0.53% |
| 2021-06-30 | $1.27B | 0.36% |
| 2021-03-31 | $1.27B | 3.06% |
| 2020-12-31 | $1.23B | 2.84% |
| 2020-09-30 | $1.20B | 1.20% |
| 2020-06-30 | $1.18B | 1.37% |
| 2020-03-31 | $1.16B | 2.49% |
| 2019-12-31 | $1.14B | -0.41% |
| 2019-09-30 | $1.14B | 0.96% |
| 2019-06-30 | $1.13B | 1.02% |
| 2019-03-31 | $1.12B | 5.17% |
| 2018-12-31 | $1.06B | -1.85% |
| 2018-09-30 | $1.08B | -0.09% |
| 2018-06-30 | $1.08B | 1.40% |
| 2018-03-31 | $1.07B | 1.23% |
| 2017-12-31 | $1.06B | 1.05% |
| 2017-09-30 | $1.05B | 1.65% |
| 2017-06-30 | $1.03B | 0.59% |
| 2017-03-31 | $1.02B | 4.92% |
| 2016-12-31 | $975.00M | -1.42% |
| 2016-09-30 | $989.00M | -0.30% |
| 2016-06-30 | $992.00M | 1.47% |
| 2016-03-31 | $977.63M | 37.48% |
| 2015-12-31 | $711.08M | -28.80% |
| 2015-09-30 | $998.76M | -3.38% |
| 2015-06-30 | $1.03B | 1.09% |
| 2015-03-31 | $1.02B | 2.62% |
| 2014-12-31 | $996.45M | 3.05% |
| 2014-09-30 | $967.00M | -1.73% |
| 2014-06-30 | $983.98M | -3.26% |
| 2014-03-31 | $1.02B | 9.30% |
| 2013-12-31 | $930.59M | -0.24% |
| 2013-09-30 | $932.79M | -1.85% |
| 2013-06-30 | $950.34M | -0.82% |
| 2013-03-31 | $958.22M | 3.18% |
| 2012-12-31 | $928.70M | 5.88% |
| 2012-09-30 | $877.10M | -0.98% |
| 2012-06-30 | $885.79M | -1.35% |
| 2012-03-31 | $897.92M | 7.72% |
| 2011-12-31 | $833.55M | -0.44% |
| 2011-09-30 | $837.24M | -4.57% |
| 2011-06-30 | $877.33M | 5.80% |
| 2011-03-31 | $829.27M | -2.11% |
| 2010-12-31 | $847.17M | 0.99% |
| 2010-09-30 | $838.89M | -3.02% |
| 2010-06-30 | $864.98M | -1.12% |
| 2010-03-31 | $874.80M | 8.25% |
| 2009-12-31 | $808.17M | 2.97% |
| 2009-09-30 | $784.85M | -4.26% |
| 2009-06-30 | $819.73M | 1.25% |
| 2009-03-31 | $809.64M | -3.69% |
| 2008-12-31 | $840.64M | 11.59% |
| 2008-09-30 | $753.35M | -12.45% |
| 2008-06-30 | $860.49M | -1.37% |
| 2008-03-31 | $872.43M | 3.79% |
| 2007-12-31 | $840.54M | - |
Globe Life generated $1.44B in revenue during Q2 2024, up 1.70% compared to the previous quarter, and up 109.00% compared to the same period a year ago.
Globe Life Revenue Breakdown
Globe Life Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Health Segment | $1.32B | $1.28B | $1.20B | $1.14B | $1.08B |
| Investment Segment | $1.06B | $987.50M | $952.45M | $927.06M | $910.46M |
| Life Segment | $3.14B | $3.02B | $2.90B | $2.67B | $2.52B |
| Annuity Segment | - | $1.00K | $1.00K | $4.00K | $4.00K |
Globe Life's latest annual revenue breakdown by segment (product or service), as of Dec 23: Life Segment (56.91%), Health Segment (23.92%), and Investment Segment (19.17%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Investment Segment | $282.58M | $271.61M | $266.93M | $261.24M | $257.11M | $254.40M | $245.63M | $243.64M | $243.83M | $239.34M | $238.97M | $238.31M | $235.82M | $235.07M | $231.43M | $231.57M | $228.99M | $227.46M | $228.91M | $227.43M |
| Life Segment | $804.26M | $794.82M | $788.10M | $781.73M | $772.60M | $753.65M | $755.12M | $759.92M | $754.60M | $733.00M | $728.92M | $728.17M | $708.12M | $678.33M | $674.02M | $670.82M | $649.63M | $631.47M | $630.82M | $631.20M |
| Health Segment | $341.02M | $335.86M | $331.24M | $329.19M | $322.49M | $323.93M | $319.29M | $319.19M | $317.00M | $312.77M | $299.14M | $295.59M | $294.17M | $290.22M | $287.80M | $282.88M | $280.20M | $275.21M | $269.17M | $266.28M |
| Annuity Segment | - | - | - | - | - | $1.00K | - | - | - | - | - | $1.00K | - | $1.00K | $3.00K | - | - | $3.00K | $1.00K | - |
| Corporate and Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $438.00K | $398.00K |
Globe Life's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Life Segment (56.33%), Health Segment (23.88%), and Investment Segment (19.79%).
Globe Life Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| MET | MetLife | $66.41B | $17.82B |
| UNM | Unum Group | $12.39B | $3.23B |
| LNC | Lincoln National | $11.64B | $5.15B |
| PUK | Prudential | $10.86B | $5.37B |
| GL | Globe Life | $5.45B | $1.44B |
| CNO | CNO Financial Group | $4.15B | $1.07B |
| JXN | Jackson Financial | $3.16B | $-322.00M |
| AEL | American Equity Investment Life | $1.69B | $831.23M |
| NWLI | National Western Life Group | $1.64M | $79.01M |
| PRU | Prudential Financial | $-3.17B | $14.88B |
GL Revenue FAQ
What is Globe Life’s yearly revenue?
Globe Life's yearly revenue for 2023 was $5.45B, representing an increase of 4.46% compared to 2022. The company's yearly revenue for 2022 was $5.21B, representing an increase of 2.00% compared to 2021. GL's yearly revenue for 2021 was $5.11B, representing an increase of 7.91% compared to 2020.
What is Globe Life’s quarterly revenue?
Globe Life's quarterly revenue for Q2 2024 was $1.44B, a 1.70% increase from the previous quarter (Q1 2024), and a 8.58% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.42B, a 0.03% increase from the previous quarter (Q4 2023), and a 7.18% increase year-over-year (Q1 2023). GL's quarterly revenue for Q4 2023 was $1.42B, a 2.28% increase from the previous quarter (Q3 2023), and a 7.03% increase year-over-year (Q4 2022).
What is Globe Life’s revenue growth rate?
Globe Life's revenue growth rate for the last 3 years (2021-2023) was 6.55%, and for the last 5 years (2019-2023) was 20.32%.
What are Globe Life’s revenue streams?
Globe Life's revenue streams in c 23 are Health Segment, Investment Segment, and Life Segment. Health Segment generated $1.32B in revenue, accounting 23.92% of the company's total revenue, up 3.08% year-over-year. Investment Segment generated $1.06B in revenue, accounting 19.17% of the company's total revenue, up 7.03% year-over-year. Life Segment generated $3.14B in revenue, accounting 56.91% of the company's total revenue, up 3.77% year-over-year.
What is Globe Life’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Globe Life was Life Segment. This segment made a revenue of $3.14B, representing 56.91% of the company's total revenue.