Globe Life's revenue for the
three
months ended in Dec. 2023 was $1,416 Mil.
Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $5,542 Mil.
Globe Life's Revenue per Share for the
three
months ended in Dec. 2023 was $14.83.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $57.94.
Good Sign:
Globe Life Inc has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Globe Life was 7.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 8.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 8.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 13 years, Globe Life's highest 3-Year average Revenue per Share Growth Rate was 122.80% per year. The lowest was -52.60% per year. And the median was 8.80% per year.
Globe Life Revenue Historical Data
The historical data trend for Globe Life's Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Life subindustry, Globe Life's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Globe Life's Revenue Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Globe Life's Revenue distribution charts can be found below:
* The bar in red indicates where Globe Life's Revenue falls into.
Globe Life Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,542 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Globe Life (NYSE:GL) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
Globe Life Revenue Related Terms
Thank you for viewing the detailed overview of Globe Life's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
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