Globe Life (GL) Restructuring Costs (2012 - 2014)
Globe Life's (GL) quarterly Restructuring Costs came in at -$156000.0 in Q2 2014, down 106.26% quarter-over-quarter from $2.5 million in Q1 2014.
Analysis
Globe Life (GL) Restructuring Costs (2012 - 2014) Analysis & Trends
Globe Life (GL) has reported Restructuring Costs for 3 consecutive years, with -$156000.0 the latest figure, recorded in Q2 2014.
- For the quarter ending Q2 2014, Restructuring Costs changed N/A year-over-year to -$156000.0; the trailing twelve-month figure through Dec 2014 stood at $2.3 million (down 79.21% YoY), and the FY2014 full-year result was $2.3 million, down 74.39% from the prior year.
- Restructuring Costs declined to -$156000.0 in Q2 2014 per GL's latest filing, from $2.5 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $8.6 million in Q3 2013 and bottomed at -$156000.0 in Q2 2014.
- Historically, Restructuring Costs has averaged $2.7 million across 3 years, with a median of $2.0 million in 2012.
- The widest YoY moves for Restructuring Costs: up 1302.44% in 2013, down 1302.44% in 2013.
- Over 3 years, Restructuring Costs stood at $2.0 million in 2012, then soared by 331.25% to $8.6 million in 2013, then plunged by 101.81% to -$156000.0 in 2014.
- According to Business Quant data, Restructuring Costs over the past three periods registered -$156000.0, $2.5 million, and $8.6 million for Q2 2014, Q1 2014, and Q3 2013 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 |
|---|---|
| Jun 30, 2014 | -156,000.00 |
| Mar 31, 2014 | 2.49 Mn |
| Sep 30, 2013 | 8.63 Mn |
| Dec 31, 2012 | 2.00 Mn |
| Sep 30, 2012 | 615,000.00 |