GLOBE LIFE INC.

Life Insurance·MCKINNEY, TX·FY end 12/31·CIK 320335

CEO Pay Ratio

152:1

Frank M. Svoboda

CEO Total Comp

—

Frank M. Svoboda

Median Employee

$62,339

Revenue

$6.0B

FY 2025

Net Income

$1.2B

FY 2025

Free Cash Flow

$1.3B

FY 2025

Net Margin

19.4%

Insider Net (180d)

-$22.6M

0 buys / 24 sales

CEO Pay Accountability

CEO comp as % of net income

—

Not enough data to compute.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$6.0B	$5.8B	$1.4B	$5.2B	$5.1B
Gross Profit	—	—	$1.3B	$982.9M	$853.1M
Operating Income	—	—	$1.3B	$990.7M	$865.0M
Net Income	$1.2B	$1.1B	$274.8M	$739.7M	$745.0M
Operating CF	$1.4B	$1.4B	$1.5B	$1.4B	$1.4B
Capex	$142.5M	$71.0M	$49.6M	$27.9M	$38.2M
Free Cash Flow	$1.3B	$1.3B	$1.4B	$1.4B	$1.4B
Buybacks	$881.0M	$1.0B	$511.1M	$454.6M	$541.4M
Dividends	—	—	—	—	—	—

Gross Margin	—	—	89.0%	18.8%	16.7%
Operating Margin	—	—	89.4%	19.0%	16.9%
Net Margin	19.4%	18.5%	19.4%	14.2%	14.6%
FCF Margin	20.9%	23.0%	101.2%	26.7%	27.4%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	19.1%	19.3%	18.7%	18.4%	18.4%
Debt / Equity	0.39	0.44	0.73	0.70	0.38
Buybacks / FCF	70.3%	75.3%	35.7%	32.6%	38.7%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Frank M. SvobodaCo-Chairman and Chief Executive Officer	$900.0K	$2.0M	$1.7M	$4.7M	$9.5M	$9.5M
J. Matthew DardenCo-Chairman and Chief Executive Officer	$900.0K	$2.0M	$1.7M	$4.3M	$9.2M	—
Michael C. MajorsExecutive Vice President and Chief Strategy Officer	$534.8K	$511.0K	$400.0K	$2.3M	$3.7M	—
R. Brian MitchellExecutive Vice President, General Counsel and Chief Risk Officer	$557.7K	$487.0K	$425.0K	$2.1M	$3.7M	—
Robert E. HensleyExecutive Vice President and Chief Investment Officer	$554.7K	$495.0K	$435.0K	$1.5M	$3.0M	—
Thomas P. KalmbachExecutive Vice President and Chief Financial Officer	$684.1K	$666.7K	$645.0K	$2.1M	$4.2M	—