Globe Life said net income for Q4 2024 ended December 31 was $3.01 per diluted common share, compared with $2.88 per diluted common share for the year-ago quarter. Net operating income for the quarter was $3.14 per diluted common share, compared with $2.80 per diluted common share for the year-ago quarter.

1. 01

   Globe Life said net income for Q4 2024 ended December 31 was $3.01 per diluted common share, compared with $2.88 per diluted common share for the year-ago quarter. Net operating income for the quarter was $3.14 per diluted common share, compared with $2.80 per diluted common share for the year-ago quarter.

2. 02

   The company said net income for the year ended 2024 was $1,070,762 thousand, compared with $970,755 thousand for the prior year, or $11.94 per diluted common share compared with $10.07 for the year-ago period. Net operating income was $12.37 per diluted common share compared with $10.65 for the year-ago period, and net income as an ROE was 21.7%, compared with 23.2% for the prior year.

3. 03

   Globe Life said total insurance premium revenue for Q4 2024 was $1,181,270 thousand, an increase of 4% compared with $1,130,672 thousand for the year-ago quarter. Life insurance premium was $822,962 thousand and health insurance premium was $358,308 thousand.

4. 04

   The company said it repurchased 10.1 million shares of Globe Life Inc. common stock for the year ended 2024 at a total cost of $946 million and an average share price of $93.76, and during Q4 repurchased 337,821 shares at a total cost of $36 million and an average share price of $105.37.

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Original filing

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