Globe Cost Of Revenue from 2010 to 2024

GL Stock  USD 110.69  1.11  1.01%   
Globe Life Cost Of Revenue yearly trend continues to be quite stable with very little volatility. The value of Cost Of Revenue is projected to decrease to about 251.7 M. From the period between 2010 and 2024, Globe Life, Cost Of Revenue regression line of its data series had standard deviation of  60,358,038 and standard deviation of  60,358,038. View All Fundamentals
 
Cost Of Revenue  
First Reported
2002-06-30
Previous Quarter
99.1 M
Current Value
104.9 M
Quarterly Volatility
B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globe Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globe Life's main balance sheet or income statement drivers, such as Interest Expense of 71.3 M, Total Revenue of 3.3 B or Gross Profit of 3.2 B, as well as many indicators such as Price To Sales Ratio of 1.54, Dividend Yield of 0.0069 or PTB Ratio of 2.45. Globe financial statements analysis is a perfect complement when working with Globe Life Valuation or Volatility modules.
  
Check out the analysis of Globe Life Correlation against competitors.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.

Latest Globe Life's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Globe Life over the last few years. Cost of Revenue is found on Globe Life income statement and represents the costs associated with goods and services Globe Life provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Globe Life's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globe Life's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Globe Cost Of Revenue Regression Statistics

Arithmetic Mean256,908,653
Geometric Mean249,981,639
Coefficient Of Variation23.49
Mean Deviation49,087,790
Median251,677,800
Standard Deviation60,358,038
Sample Variance3643.1T
Range211.6M
R-Value0.87
Mean Square Error940.1T
R-Squared0.76
Significance0.000023
Slope11,768,909
Total Sum of Squares51003.3T

Globe Cost Of Revenue History

2024251.7 M
2023347.8 M
2022354 M
2021322 M
2020301 M
2019304.8 M
2018279.6 M

About Globe Life Financial Statements

Globe Life investors utilize fundamental indicators, such as Cost Of Revenue, to predict how Globe Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Cost Of Revenue347.8 M251.7 M

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Check out the analysis of Globe Life Correlation against competitors.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.
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Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globe Life. If investors know Globe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globe Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.284
Dividend Share
0.945
Earnings Share
11.8
Revenue Per Share
62.39
Quarterly Revenue Growth
0.052
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globe Life's market value can be influenced by many factors that don't directly affect Globe Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.