Globe Life (GL) Non Operating Income (2012 - 2024)
Globe Life's (GL) quarterly Non Operating Income came in at $4.0 million in Q3 2024, up 248.81% on a YoY basis from $1.1 million in Q4 2023, and up 7.42% quarter-over-quarter from $3.7 million in Q2 2024.
Analysis
Globe Life (GL) Non Operating Income (2012 - 2024) Analysis & Trends
Globe Life (GL) has reported Non Operating Income for 13 consecutive years, with $4.0 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Non Operating Income rose 248.81% year-over-year to $4.0 million; the trailing twelve-month figure through Sep 2024 stood at $12.3 million (up 339.48% YoY), and the FY2023 full-year result was $5.1 million, down 35.06% from the prior year.
- Non Operating Income grew to $4.0 million in Q3 2024 per GL's latest filing, from $3.7 million in the prior quarter.
- Across five years, Non Operating Income topped out at $4.8 million in Q1 2021 and bottomed at $112000.0 in Q1 2022.
- Historically, Non Operating Income has averaged $2.5 million across 5 years, with a median of $2.4 million in 2021.
- The widest YoY moves for Non Operating Income: up 1668.97% in 2022, down 97.68% in 2022.
- Over 5 years, Non Operating Income stood at $1.0 million in 2020, then surged by 327.11% to $4.4 million in 2021, then sank by 62.33% to $1.7 million in 2022, then soared by 136.64% to $3.9 million in 2023, then gained by 0.84% to $4.0 million in 2024.
- According to Business Quant data, Non Operating Income over the past three periods registered $4.0 million, $3.7 million, and $710000.0 for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (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 | - | 1.81 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 |
|---|---|
| Sep 30, 2024 | 3.97 Mn |
| Jun 30, 2024 | 3.69 Mn |
| Mar 31, 2024 | 710,000.00 |
| Dec 31, 2023 | 3.93 Mn |
| Sep 30, 2023 | 1.14 Mn |
| Dec 31, 2022 | 1.66 Mn |
| Sep 30, 2022 | 1.42 Mn |
| Jun 30, 2022 | 4.62 Mn |
| Mar 31, 2022 | 112,000.00 |
| Dec 31, 2021 | 4.41 Mn |
| Sep 30, 2021 | 2.40 Mn |
| Jun 30, 2021 | 261,000.00 |
| Mar 31, 2021 | 4.83 Mn |
| Sep 30, 2020 | 1.03 Mn |
| Mar 31, 2020 | 3.28 Mn |
| Dec 31, 2019 | 3.50 Mn |
| Jun 30, 2019 | 5.50 Mn |
| Mar 31, 2019 | 400,000.00 |
| Dec 31, 2018 | 10.34 Mn |
| Sep 30, 2018 | -5.17 Mn |