Globe Life Gross Profit Growth & History (GL)

Globe Life's gross profit was $1.26B for fiscal 2023.

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Globe Life annual gross profit history

Globe Life annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20232023-12-31$1.26B$81.3M+6.90%
20222022-12-31$1.18B−$36.6M−3.01%
20212021-12-31$1.22B$314.2M+34.87%
20202020-12-31$901.1M−$9.6M−1.05%
20192019-12-31$910.7M$45.2M+5.22%
20182018-12-31$865.5M$58.4M+7.24%
20172017-12-31$807.0M$24.1M+3.08%
20162016-12-31$782.9M$7.9M+1.02%
20152015-12-31$775.0M$13.8M+1.82%
20142014-12-31$761.1M$13.8M+1.85%
20132013-12-31$747.3M$19.2M+2.63%
20122012-12-31$728.2M$30.3M+4.34%
20112011-12-31$697.9M−$15.4M−2.15%
20102010-12-31$713.2M$6.7M+0.94%
20092009-12-31$706.6M

Globe Life gross profit trends

Over the last five fiscal years, Globe Life's gross profit increased from $865.5M to $1.26B, a change of $394.5M. The latest reported quarter, Q3 2024, shows $379.1M.

About the metric

What gross profit means

Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.

Calculation and source

SEC-reported and calculated gross profit

TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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