Globe Life and the Company refer to Globe Life Inc., an insurance holding company incorporated in Delaware in 1979, and its subsidiaries and affiliates. Its primary subsidiaries are Globe Life And Accident Insurance Company, American Income Life Insurance Company, Liberty National Life Insurance Company, Family Heritage Life Insurance Company of America, and United American Insurance Company.
19.37% net margin is respectable. The institution appears to be managing its interest spread and credit risk adequately.
Revenue growth slowed to 3.8%, essentially flat. This is a business that needs a catalyst.
Traditional FCF and operating-margin metrics are not meaningful for financial institutions. Evaluate using net interest margin, credit quality, and capital ratios instead.
Profitability & Returns
Revenue (TTM)
$6.07B
▲ +3.8% YoY
Net Income (TTM)
$1.18B
▲ +8.4% YoY
Net Margin
19.38%
P/E
—
Balance Sheet
Total Assets
$30.97B
Equity
$6.08B
Total Debt
$2.78B
Cash & Equiv.
$439M
3Y CAGR: +4.7%
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