Globe Life (GL) Liabilities from Discontinued Operations (2009 - 2019)
Globe Life's (GL) quarterly Liabilities from Discontinued Operations came in at $51.4 million in Q1 2019, up 2.37% on a YoY basis from $50.2 million in Q1 2018, and little changed quarter-over-quarter from $51.2 million in Q4 2018.
Analysis
Globe Life (GL) Liabilities from Discontinued Operations (2009 - 2019) Analysis & Trends
Globe Life (GL) has reported Liabilities from Discontinued Operations for 7 consecutive years, with $51.4 million the latest figure, recorded in Q1 2019.
- For the quarter ending Q1 2019, Liabilities from Discontinued Operations rose 2.37% year-over-year to $51.4 million; the trailing twelve-month figure through Mar 2019 stood at $51.4 million (up 2.37% YoY), and the FY2018 full-year result was $51.2 million, up 2.67% from the prior year.
- Liabilities from Discontinued Operations held at $51.4 million in Q1 2019 per GL's latest filing, from $51.2 million in the prior quarter.
- Across five years, Liabilities from Discontinued Operations topped out at $62.4 million in Q3 2016 and bottomed at $13.7 million in Q1 2017.
- Historically, Liabilities from Discontinued Operations has averaged $46.8 million across 5 years, with a median of $50.0 million in 2017.
- The sharpest annual moves came in 2017 and 2018: Liabilities from Discontinued Operations plunged 72.31% in 2017, then jumped 266.04% in 2018.
- Over 5 years, Liabilities from Discontinued Operations stood at $51.0 million in 2015, then plunged by 46.26% to $27.4 million in 2016, then surged by 81.79% to $49.9 million in 2017, then rose by 2.67% to $51.2 million in 2018, then gained by 0.47% to $51.4 million in 2019.
- According to Business Quant data, Liabilities from Discontinued Operations over the past three periods registered $51.4 million, $51.2 million, and $50.2 million for Q1 2019, Q4 2018, and Q3 2018 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
|---|---|
| Mar 31, 2019 | 51.43 Mn |
| Dec 31, 2018 | 51.19 Mn |
| Sep 30, 2018 | 50.22 Mn |
| Jun 30, 2018 | 49.47 Mn |
| Mar 31, 2018 | 50.24 Mn |
| Dec 31, 2017 | 49.85 Mn |
| Sep 30, 2017 | 49.33 Mn |
| Jun 30, 2017 | 39.15 Mn |
| Mar 31, 2017 | 13.72 Mn |
| Dec 31, 2016 | 27.42 Mn |
| Sep 30, 2016 | 62.42 Mn |
| Jun 30, 2016 | 60.39 Mn |
| Mar 31, 2016 | 49.56 Mn |
| Dec 31, 2015 | 51.04 Mn |
| Dec 31, 2014 | 38.88 Mn |
| Dec 31, 2009 | 1.32 Bn |