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Globe Life

Stock Price

$83.7

2024-06-24

Market Capitalization

$7.7 B

2024-06-24

Revenue

$5.4 B

FY, 2023

Globe Life Summary

Company Summary

Overview
Globe Life (formerly known as Torchmark) is a company that provides various life and health insurance products and annuities. It offers fixed-term and whole-life insurance, children's life, accidental benefits, and mortgage protection insurance, as well as Medicare supplement plans.
Type
Public
Status
Active
Founded
1951
HQ
McKinney, TX, US | view all locations
Website
https://home.globelifeinsurance.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • J. Matthew Darden

    J. Matthew Darden, Co-Chairman and Chief Executive Officer

  • Frank M. Svoboda

    Frank M. Svoboda, Co-Chairman and Chief Executive Officer

  • Robert E. Hensley

    Robert E. Hensley, Executive Vice President and Chief Investment Officer

  • Thomas P. Kalmbach

    Thomas P. Kalmbach, Executive Vice President and Chief Financial Officer

    Operating MetricsView all

    Policy Count (Traditional)

    9M

    FY, 2022

    Policy Count (Interest-sensitive)

    183.9K
    4.0%

    FY, 2022

    Policy Count (Term)

    4.7M

    FY, 2022

    LocationsView all

    3 locations detected

    • McKinney, TX HQ

      United States

      3700 S Stonebridge Dr

    • McKinney, TX

      United States

      P.O. Box 8080

    • Oklahoma City, OK

      United States

      P. O. Box 268850

    Globe Life Financials

    Summary Financials

    Revenue (Q1, 2024)
    $1.4B
    Gross profit (Q1, 2024)
    $326.7M
    Net income (Q1, 2024)
    $254.2M
    Cash (Q1, 2024)
    $83.5M
    EBIT (Q1, 2024)
    $327.4M
    Enterprise value
    $9.9B

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