Growth Metrics

Globe Life (GL) Tax Rate (2016 - 2025)

Globe Life (GL) has disclosed Tax Rate for 14 consecutive years, with 19.62% as the latest value for Q3 2024.

  • For the quarter ending Q3 2024, Tax Rate changed N/A year-over-year to 19.62%, compared with a TTM value of 18.97% through Sep 2024, changed N/A, and an annual FY2024 reading of 19.29%, changed N/A over the prior year.
  • Tax Rate was 19.62% for Q3 2024 at Globe Life, down from 22.39% in the prior quarter.
  • Across five years, Tax Rate topped out at 22.39% in Q2 2024 and bottomed at 4.95% in Q3 2021.
  • Average Tax Rate over 5 years is 16.37%, with a median of 18.87% recorded in 2020.
  • The sharpest move saw Tax Rate tumbled -81bps in 2023, then surged 82bps in 2024.
  • Year by year, Tax Rate stood at 18.47% in 2020, then plummeted by -127bps to 4.95% in 2021, then surged by 490bps to 19.27% in 2022, then decreased by -4bps to 18.46% in 2023, then increased by 6bps to 19.62% in 2024.
  • Business Quant data shows Tax Rate for GL at 19.62% in Q3 2024, 22.39% in Q2 2024, and 19.28% in Q1 2024.