Globe Life (GL) Selling, General & Administrative (2010 - 2024)
Globe Life (GL) reported Selling, General & Administrative of $89.2 million for Q3 2024, up 19.6% from $74.59 million a year earlier and up 7.3% from the prior quarter.
Globe Life (GL) Selling, General & Administrative (2010 - 2024) Analysis & Trends
Over the twelve months ended Sep 30, 2024, Globe Life's Selling, General & Administrative came in at $330.83 million, up 9.0% year-over-year; for FY2023, it was $302.06 million, down 1.8% from FY2022.
- Selling, General & Administrative has a five-year compound annual growth rate of 5.8% (FY2018 to FY2023).
- By year, Selling, General & Administrative came in at $307.52 million in FY2022 (+9.0%), $282.03 million in FY2021 (+10.6%), $254.93 million in FY2020 (+2.3%) and $249.08 million in FY2019 (+9.5%).
- The Q3 2024 figure ranks as the highest quarterly Selling, General & Administrative in data going back to Q3 2010.
- Year over year, Selling, General & Administrative has now increased in each of the last three quarters, with growth averaging 4.7% over the last eight quarters.
- The high point for year-over-year Selling, General & Administrative in five years was Q4 2021 (growth of 19.9%); the low point was Q2 2020 (a decline of 5.2%).
- Per Business Quant data, the three quarters before Q3 2024 came in at $83.11 million (Q2 2024), $80.41 million (Q1 2024) and $78.11 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,079.16 Bn | -338.32 Bn | 55.86 Bn | 6.72 Bn |
| 2 | Chubb | 127.75 Bn | 79.80 Bn | 9.13 Bn | 1.17 Bn |
| 3 | Progressive | 122.68 Bn | 98.52 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 82.15 Bn | 73.89 Bn | - | - |
| 5 | Travelers Companies | 75.41 Bn | 51.66 Bn | 6.23 Bn | 1.57 Bn |
| 6 | Manulife Financial | 72.51 Bn | 73.72 Bn | - | -902.21 Mn |
| 7 | Metlife | 60.18 Bn | -46.30 Bn | 7.82 Bn | - |
| 8 | Arthur J. Gallagher | 59.45 Bn | 53.89 Bn | - | - |
| 9 | Aon | 58.55 Bn | 51.79 Bn | - | - |
| 10 | Globe Life | 15.29 Bn | 14.53 Bn | 801.48 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 89.20 Mn |
| Jun 30, 2024 | 83.11 Mn |
| Mar 31, 2024 | 80.41 Mn |
| Dec 31, 2023 | 78.11 Mn |
| Sep 30, 2023 | 74.59 Mn |
| Jun 30, 2023 | 75.46 Mn |
| Mar 31, 2023 | 73.91 Mn |
| Dec 31, 2022 | 79.69 Mn |
| Sep 30, 2022 | 76.46 Mn |
| Jun 30, 2022 | 78.69 Mn |
| Mar 31, 2022 | 72.68 Mn |
| Dec 31, 2021 | 75.23 Mn |
| Sep 30, 2021 | 68.04 Mn |
| Jun 30, 2021 | 67.76 Mn |
| Mar 31, 2021 | 71.00 Mn |
| Dec 31, 2020 | 62.75 Mn |
| Sep 30, 2020 | 63.72 Mn |
| Jun 30, 2020 | 61.57 Mn |
| Mar 31, 2020 | 66.90 Mn |
| Dec 31, 2019 | 64.00 Mn |
Globe Life Selling, General & Administrative 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=selling-general-and-administrative&ticker=GL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=GL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();