Gross Profit for Globe Life (GL)
According to Globe Life's latest reported financial statements, the company's current gross profit (TTM) is $2.31B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$2.31B
YoY change
+7.1%
5Y CAGR
+9.3%
Peak year (2017)
$3.90B
Cumulative gross profit
$47.68B
Gross Profit history chart for Globe Life (GL) from 1985 to 2025
Gross Profit history table for Globe Life (GL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $2.00B | +7.1% | ||
| 2024 | $1.87B | +14.0% | ||
| 2023 | $1.64B | +6.4% | ||
| 2022 | $1.54B | -8.6% | ||
| 2021 | $1.69B | +31.4% | ||
| 2020 | $1.28B | -2.7% | ||
| 2019 | $1.32B | +6.2% | ||
| 2018 | $1.24B | -68.1% | ||
| 2017 | $3.90B | +258.6% | ||
| 2016 | $1.09B | +1.9% | ||
| 2015 | $1.07B | -1.1% | ||
| 2014 | $1.08B | +3.0% | ||
| 2013 | $1.05B | +0.2% | ||
| 2012 | $1.04B | +4.1% | ||
| 2011 | $1.00B | +0.1% | ||
| 2010 | $1.00B | +6.0% | ||
| 2009 | $945.76M | -6.9% | ||
| 2008 | $1.02B | -14.9% | ||
| 2007 | $1.19B | +1.1% | ||
| 2006 | $1.18B | +5.9% | ||
| 2005 | $1.11B | +3.4% | ||
| 2004 | $1.08B | +5.8% | ||
| 2003 | $1.02B | -4.6% | ||
| 2002 | $1.07B | +12.4% | ||
| 2001 | $950.61M | +5.1% | ||
| 2000 | $904.48M | -283.1% | ||
| 1999 | -$493.95M | +32.2% | ||
| 1998 | -$373.72M | -145.5% | ||
| 1997 | $820.90M | -11.6% | ||
| 1996 | $928.90M | +8.8% | ||
| 1995 | $854.08M | +21.0% | ||
| 1994 | $706.00M | -64.8% | ||
| 1993 | $2.01B | +167.1% | ||
| 1992 | $751.00M | +3.3% | ||
| 1991 | $726.90M | +8.9% | ||
| 1990 | $667.70M | +8.6% | ||
| 1989 | $614.70M | -63.1% | ||
| 1988 | $1.66B | +4.7% | ||
| 1987 | $1.59B | +2.3% | ||
| 1986 | $1.56B | +13.7% | ||
| 1985 | $1.37B | — |
Gross Profit values are taken from Globe Life's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Globe Life (GL) gross profit totalled $2.00B – grew 7.1% year-over-year.
Over 2020–2025 (5 years), Globe Life gross profit expanded at a +9.3% compound annual rate, sustaining 3 straight years of year-over-year growth.
Between 2017 and 2025, Globe Life gross profit plunged 48.6%, falling from $3.90B to $2.00B.
The highest annual gross profit of $3.90B was reported in 2017. The lowest in the available history was -$493.95M in 1999.
Among 8 Financial Services peers, Globe Life (GL) ranks 9th; the peer median for gross profit is $72.83B.
Globe Life Gross Profit by Year
Globe Life Gross Profit 2025: $2.00B
Globe Life gross profit in 2025 was $2.00B, grew 7.1% from 2024.
Globe Life Gross Profit 2024: $1.87B
Globe Life gross profit in 2024 was $1.87B, grew 14.0% from 2023.
Globe Life Gross Profit 2023: $1.64B
Globe Life gross profit in 2023 was $1.64B, grew 6.4% from 2022.
Globe Life Gross Profit 2022: $1.54B
Globe Life gross profit in 2022 was $1.54B, declined 8.6% below 2021.
Globe Life Gross Profit 2021: $1.69B
Globe Life gross profit in 2021 was $1.69B.
See more financial history for Globe Life (GL).
Sector peers — Gross Profit
Companies in the same sector as Globe Life, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $167.61B | Financial Services |
| Bank of America Corporation (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $87.78B | Financial Services |
| Wells Fargo & Company (WFC) | $80.04B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $59.40B | Financial Services |
| Visa Inc. (V) | $32.15B | Financial Services |
| Mastercard Incorporated (MA) | $27.36B | Financial Services |
Frequently asked questions
What is Globe Life's gross profit?
- Latest reported gross profit for Globe Life (GL) is $2.31B (period ending March 31, 2026).
How has Globe Life gross profit changed year-over-year?
- Globe Life (GL) gross profit changed +7.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Globe Life gross profit?
- Globe Life (GL) gross profit compound annual growth rate is +9.3% over the most recent 5 years available.
When did Globe Life gross profit hit its highest annual value?
- Globe Life gross profit reached its highest annual value of $3.90B in 2017.
What was Globe Life gross profit in 2024?
- Globe Life (GL) gross profit in 2024 was $1.87B.
What was Globe Life gross profit in 2025?
- Globe Life (GL) gross profit in 2025 was $2.00B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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