Globe Life (GL) Non Operating Income (2012 - 2022)
Globe Life's Non Operating Income was $3.97 million in Q3 2024, up 248.8% from $1.14 million a year earlier and up 7.4% from the prior quarter.
Globe Life (GL) Non Operating Income (2012 - 2022) Analysis & Trends
On a trailing twelve-month basis, Globe Life's Non Operating Income was $12.3 million through Sep 30, 2024, up 339.5% year-over-year; for FY2023, it was $5.07 million, down 35.1% from FY2022.
- Non Operating Income shows a five-year compound annual growth rate of -0.4% (FY2018 to FY2023).
- In earlier years, Non Operating Income was $7.81 million in FY2022 (-34.4%), $11.9 million in FY2021 (+176.2%), $4.31 million in FY2020 (-54.2%) and $9.4 million in FY2019 (+81.9%).
- The Q3 2024 figure marks the highest quarterly Non Operating Income since Q2 2022.
- Compared with a year earlier, Non Operating Income was higher in two of the last four quarters, with growth averaging 75.9%.
- The best year-over-year quarter for Non Operating Income over five years was Q1 2020 (growth of 718.8%); the worst was Q1 2022 (a decline of 97.7%).
- Per Business Quant data, GL's Non Operating Income in the three quarters before Q3 2024 was $3.69 million (Q2 2024), $710,000 (Q1 2024) and $3.93 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 137.65 Bn | 84.23 Bn | 9.13 Bn | - |
| 2 | Progressive | 129.27 Bn | 105.11 Bn | 9.04 Bn | - |
| 3 | Marsh & Mclennan Companies | 90.79 Bn | 82.95 Bn | - | - |
| 4 | Travelers Companies | 83.98 Bn | 60.23 Bn | 6.23 Bn | - |
| 5 | Manulife Financial | 77.09 Bn | -17.80 Bn | - | - |
| 6 | Arthur J. Gallagher | 66.40 Bn | 60.80 Bn | - | - |
| 7 | Metlife | 65.77 Bn | -41.01 Bn | 7.82 Bn | - |
| 8 | Allstate | 64.29 Bn | 25.56 Bn | 8.73 Bn | - |
| 9 | Aon | 62.89 Bn | 56.11 Bn | - | - |
| 10 | Globe Life | 13.12 Bn | 12.36 Bn | 801.48 Mn | - |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Dec 31, 2015 | -19.58 Mn |
| Sep 30, 2015 | -9.89 Mn |
| Jun 30, 2015 | 30.87 Mn |
| Dec 31, 2014 | -16.85 Mn |
| Sep 30, 2014 | -3.80 Mn |
| Jun 30, 2014 | 8.39 Mn |
Globe Life Non Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-income&ticker=GL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-income", "ticker": "GL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-income&ticker=GL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();