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 $315 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $1,235 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.
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
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 $1,235 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 (NYSE:GL) Pre-Tax Income Explanation
Globe Life's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as
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 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.
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