GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Globe Life Inc (BSP:G1LL34) » Definitions » Pre-Tax Income

Globe Life (BSP:G1LL34) Pre-Tax Income : R$6,076 Mil (TTM As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Globe Life Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Globe Life's pretax income for the three months ended in Mar. 2024 was R$1,568 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was R$6,076 Mil. Globe Life's pretax margin was 26.75%.

During the past 13 years, Globe Life's highest Pretax Margin was 24.89%. The lowest was 18.92%. And the median was 20.46%.


Globe Life Pre-Tax Income Historical Data

The historical data trend for Globe Life's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Globe Life Pre-Tax Income Chart

Globe Life Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,822.44 4,613.17 7,207.80 5,781.01 5,851.67

Globe Life Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,428.38 1,283.83 1,574.53 1,649.82 1,568.25

Competitive Comparison of Globe Life's Pre-Tax Income

For the Insurance - Life subindustry, Globe Life's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Globe Life's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Globe Life's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Globe Life's Pre-Tax Income falls into.



Globe Life Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Globe Life's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+5851.665
=5,852

Globe Life's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+1568.254
=1,568

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$6,076 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Globe Life  (BSP:G1LL34) Pre-Tax Income Explanation

Globe Life's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=1568.254/5862.948
=26.75%

During the past 13 years, Globe Life's highest Pretax Margin was 24.89%. The lowest was 18.92%. And the median was 20.46%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Globe Life Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Globe Life's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Globe Life (BSP:G1LL34) Business Description

Traded in Other Exchanges
Address
3700 South Stonebridge Drive, McKinney, TX, USA, 75070
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.

Globe Life (BSP:G1LL34) Headlines

No Headlines