Globe Life (GL) Income from Discontinued Operations (2009 - 2019)
Globe Life's (GL) quarterly Income from Discontinued Operations came in at -$43000.0 in Q2 2019, down 234.38% on a YoY basis from $32000.0 in Q2 2018, and up 12.24% quarter-over-quarter from -$49000.0 in Q1 2019.
Powered by 
Analysis
Globe Life (GL) Income from Discontinued Operations (2009 - 2019) Analysis & Trends
Globe Life (GL) has reported Income from Discontinued Operations for 9 consecutive years, with -$43000.0 the latest figure, recorded in Q2 2019.
- For the quarter ending Q2 2019, Income from Discontinued Operations fell 234.38% year-over-year to -$43000.0; the trailing twelve-month figure through Sep 2019 stood at -$68000.0 (down 1.49% YoY), and the FY2011 full-year result was -$455000.0, up 98.7% from the prior year.
- Income from Discontinued Operations grew to -$43000.0 in Q2 2019 per GL's latest filing, from -$49000.0 in the prior quarter.
- Across five years, Income from Discontinued Operations topped out at $11.5 million in Q3 2015 and bottomed at -$9.5 million in Q1 2016.
- Historically, Income from Discontinued Operations has averaged -$525142.9 across 5 years, with a median of -$69500.0 in 2017.
- The sharpest annual moves came in 2015 and 2018: Income from Discontinued Operations tumbled 541.12% in 2015, then surged 300.0% in 2018.
- Over 5 years, Income from Discontinued Operations stood at $11.5 million in 2015, then slipped by 13.61% to $10.0 million in 2016, then plunged by 100.12% to -$12000.0 in 2017, then soared by 300.0% to $24000.0 in 2018, then plunged by 279.17% to -$43000.0 in 2019.
- According to Business Quant data, Income from Discontinued Operations over the past three periods registered -$43000.0, -$49000.0, and $24000.0 for Q2 2019, Q1 2019, and Q3 2018 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Discontinued) (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 75.56 Bn | 76.77 Bn | - | - |
| 2 | Metlife | 61.89 Bn | 34.88 Bn | 7.82 Bn | - |
| 3 | Sun Life Financial | 45.01 Bn | 40.41 Bn | - | - |
| 4 | Globe Life | 16.00 Bn | 15.24 Bn | 801.48 Mn | - |
| 5 | Equitable Holdings | 14.74 Bn | -2.55 Bn | 1.22 Bn | - |
| 6 | Brookfield Wealth Solutions | 12.45 Bn | 11.71 Mn | 1.92 Bn | - |
| 7 | Corebridge Financial | 9.60 Bn | -296.03 Bn | 2.79 Bn | - |
| 8 | Jackson Financial | 9.04 Bn | 3.56 Bn | - | - |
| 9 | Primerica | 8.98 Bn | 8.35 Bn | 717.74 Mn | - |
| 10 | Lincoln National | 8.08 Bn | -3.60 Bn | 2.62 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2019 | -43,000.00 |
| Mar 31, 2019 | -49,000.00 |
| Sep 30, 2018 | 24,000.00 |
| Jun 30, 2018 | 32,000.00 |
| Mar 31, 2018 | -111,000.00 |
| Sep 30, 2017 | -12,000.00 |
| Jun 30, 2017 | -90,000.00 |
| Mar 31, 2017 | -3.64 Mn |
| Sep 30, 2016 | 9.96 Mn |
| Jun 30, 2016 | -865,000.00 |
| Mar 31, 2016 | -9.54 Mn |
| Sep 30, 2015 | 11.53 Mn |
| Jun 30, 2015 | -5.42 Mn |
| Mar 31, 2015 | -9.13 Mn |
| Sep 30, 2014 | 8.02 Mn |
| Jun 30, 2014 | 1.23 Mn |
| Mar 31, 2014 | -7.47 Mn |
| Sep 30, 2011 | 144,000.00 |
| Mar 31, 2011 | -599,000.00 |
| Dec 31, 2010 | 5.85 Mn |