Loading financial statements…
Import this data to Google Sheets with:
=jivedata("L","financials")Full statements spill as a table. For one cell: =jivedata("L","Revenue") or =jivedata("L","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.
L • CIK 0000060086
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Premiums Earned, Net | $9,480,000 | $10,211,000 | $10,900,000 | $11,036,000 |
| Net Investment Income | $2,395,000 | $2,780,000 | $2,779,000 | $2,831,000 |
| Gain (Loss) on Investments | $-53,000 | $-81,000 | $-81,000 | $-49,000 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1,996,000 | $1,874,000 | $2,283,000 | $2,305,000 |
| Income Tax Expense (Benefit) | $451,000 | $380,000 | $511,000 | $516,000 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $1,545,000 | $1,494,000 | $1,772,000 | $1,789,000 |
| Revenues | $15,901,000 | $17,510,000 | $18,454,000 | $18,694,000 |
| Net Income (Loss) Attributable to Noncontrolling Interest | $111,000 | $80,000 | $105,000 | $102,000 |
| Net Income (Loss) Attributable to Parent | $1,434,000 | $1,414,000 | $1,667,000 | $1,687,000 |
| Weighted Average Number of Shares Outstanding, Basic | 227,480,000 | 220,260,000 | 208,960,000 | 203,960,000 |
| Weighted Average Number of Shares Outstanding, Diluted | 227,810,000 | 220,530,000 | 209,100,000 | 204,050,000 |
| Policyholder Benefits and Claims Incurred, Net | $7,068,000 | $7,738,000 | $8,294,000 | $8,526,000 |
| Deferred Policy Acquisition Costs, Amortization Expense | $1,644,000 | $1,798,000 | $1,898,000 | $1,915,000 |
| Income (Loss) from Equity Method Investments | $120,000 | $58,000 | $74,000 | $121,000 |
| Interest Expense | $376,000 | $441,000 | $437,000 | $441,000 |
| Benefits, Losses and Expenses | $13,905,000 | $15,636,000 | $16,171,000 | $16,389,000 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| DebtSecuritiesAvailableForSaleExcludingAccruedInterest | $40,626,000 | $41,827,000 | $43,984,000 | $43,829,000 |
| Equity Securities, FV-NI | $1,050,000 | $1,064,000 | $1,292,000 | $1,333,000 |
| Cash | $399,000 | $541,000 | $495,000 | $508,000 |
| Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | $2,174,000 | $2,520,000 | $2,861,000 | $2,993,000 |
| Accounts Receivable, after Allowance for Credit Loss | $9,660,000 | $10,522,000 | $10,983,000 | $11,723,000 |
| Other Investments | $1,123,000 | $1,113,000 | $1,195,000 | $1,156,000 |
| Property, Plant and Equipment, Net | $10,718,000 | $10,738,000 | $10,695,000 | $10,862,000 |
| Marketable Securities, Current | $4,396,000 | $4,606,000 | $6,044,000 | $5,598,000 |
| Goodwill | $347,000 | $347,000 | $349,000 | $483,000 |
| Investments | $49,369,000 | $51,130,000 | $55,376,000 | $55,200,000 |
| Capitalized Contract Cost, Net | $3,661,000 | $3,525,000 | $3,220,000 | $2,981,000 |
| Deferred Policy Acquisition Cost | $896,000 | $959,000 | $986,000 | $1,026,000 |
| Other Assets | $4,147,000 | $4,181,000 | $4,244,000 | $4,445,000 |
| Assets | $79,197,000 | $81,943,000 | $86,348,000 | $87,228,000 |
| Broker-Dealer, Payable to Other Broker-Dealer and Clearing Organization | $79,000 | $110,000 | $53,000 | $576,000 |
| Long-term Debt and Lease Obligation, Current | $1,084,000 | $5,000 | $1,052,000 | $22,000 |
| Long-term Debt and Lease Obligation | $7,919,000 | $8,939,000 | $8,437,000 | $8,914,000 |
| Deferred Income Tax Liabilities, Net | $398,000 | $550,000 | $839,000 | $848,000 |
| Deferred Revenue | $4,694,000 | $4,530,000 | $4,138,000 | $3,798,000 |
| Other Liabilities | $4,302,000 | $4,392,000 | $4,506,000 | $4,653,000 |
| Liabilities | $62,672,000 | $64,006,000 | $66,707,000 | $67,196,000 |
| Liability for Claims and Claims Adjustment Expense | $23,304,000 | $24,976,000 | $26,599,000 | $27,490,000 |
| Liability for Future Policy Benefit, before Reinsurance | $13,959,000 | $13,158,000 | $13,448,000 | $13,262,000 |
| Unearned Premiums | $6,933,000 | $7,346,000 | $7,635,000 | $8,035,000 |
| Common Stock, Value, Issued | $2,000 | $2,000 | $2,000 | $2,000 |
| Additional Paid in Capital | $2,589,000 | $2,490,000 | $2,374,000 | $2,335,000 |
| Retained Earnings (Accumulated Deficit) | $15,617,000 | $16,459,000 | $17,377,000 | $18,132,000 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $-2,497,000 | $-1,867,000 | $-1,067,000 | $-1,175,000 |
| Stockholders' Equity before Treasury Stock | $15,711,000 | $17,084,000 | $18,686,000 | $19,294,000 |
| Treasury Stock, Common, Value | $7,000 | $18,000 | $0 | $179,000 |
| Stockholders' Equity Attributable to Parent | $15,704,000 | $17,066,000 | $18,686,000 | $19,115,000 |
| Stockholders' Equity Attributable to Noncontrolling Interest | $821,000 | $871,000 | $955,000 | $917,000 |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | $16,525,000 | $17,937,000 | $19,641,000 | $20,032,000 |
| DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss | $42,615,000 | $44,196,000 | $45,250,000 | $45,406,000 |
| DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterestCurrent | $16,000 | $45,000 | $69,000 | $63,000 |
| Equity Securities, FV-NI, Cost | $1,015,000 | $969,000 | $1,201,000 | $1,309,000 |
| FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest | — | — | $15,000 | $15,000 |
| Preferred Stock, Shares Authorized | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 |
| Common Stock, Shares Authorized | 1,800,000,000 | 1,800,000,000 | 1,800,000,000 | 1,800,000,000 |
| Common Stock, Shares, Issued | 222,268,150 | 214,912,595 | 206,003,999 | 206,066,859 |
| Treasury Stock, Common, Shares | 100,000 | 212,251 | 0 | 1,668,477 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $1,545,000 | $1,494,000 | $1,772,000 | $1,789,000 |
| Net Cash Provided by (Used in) Operating Activities | $3,907,000 | $3,025,000 | $3,279,000 | $2,575,000 |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $5,000 | $-10,000 | $16,000 | $-9,000 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $-133,000 | $142,000 | $-46,000 | $61,000 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $399,000 | $541,000 | $495,000 | $778,000 |
| Gain (Loss) on Investments | $-53,000 | $-81,000 | $-81,000 | $-49,000 |
| Payments to Acquire Debt Securities, Available-for-sale | $6,616,000 | $6,353,000 | $7,118,000 | $7,359,000 |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $-18,000 | $66,000 | $-9,000 | $-9,000 |
| Proceeds from Sale of Debt Securities, Available-for-sale | $4,029,000 | $2,793,000 | $2,946,000 | $3,022,000 |
| Accretion (Amortization) of Discounts and Premiums, Investments | $191,000 | $200,000 | $208,000 | $208,000 |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $1,334,000 | $2,396,000 | $3,357,000 | $3,377,000 |
| Depreciation, Depletion and Amortization, Nonproduction | $538,000 | $583,000 | $610,000 | $610,000 |
| Deferred Income Tax Expense (Benefit) | $127,000 | $-45,000 | $112,000 | $112,000 |
| ProceedsFromSaleOfEquitySecuritiesFvNi | $317,000 | $523,000 | $505,000 | $556,000 |
| Other Noncash Income (Expense) | $-109,000 | $-98,000 | $-122,000 | $-122,000 |
| Payments to Acquire Limited Partnership Interests | $402,000 | $335,000 | $447,000 | $341,000 |
| Proceeds from Limited Partnership Investments | $231,000 | $98,000 | $103,000 | $153,000 |
| Payments to Acquire Property, Plant, and Equipment | $686,000 | $632,000 | $579,000 | $809,000 |
| Payments to Acquire Businesses, Net of Cash Acquired | $401,000 | $401,000 | $401,000 | — |
| Payments for (Proceeds from) Short-term Investments | $80,000 | $30,000 | $920,000 | $-285,000 |
| Payments for (Proceeds from) Other Investing Activities | $178,000 | $14,000 | $82,000 | $-5,000 |
| Net Cash Provided by (Used in) Investing Activities | $-2,745,000 | $-1,975,000 | $-2,828,000 | $-1,942,000 |
| Payments of Ordinary Dividends, Common Stock | $57,000 | $55,000 | $52,000 | $52,000 |
| Payments of Ordinary Dividends, Noncontrolling Interest | $74,000 | $85,000 | $86,000 | $87,000 |
| Payments for Repurchase of Common Stock | $849,000 | $608,000 | $806,000 | $340,000 |
| Payments for Repurchase of Redeemable Noncontrolling Interest | $202,000 | $20,000 | $34,000 | $36,000 |
| Repayments of Debt | $878,000 | $1,366,000 | $869,000 | $1,917,000 |
| Proceeds from Issuance of Debt | $778,000 | $1,294,000 | $1,401,000 | $1,401,000 |
| Proceeds from (Payments for) Other Financing Activities | $-18,000 | $-58,000 | $-67,000 | $-27,000 |
| Net Cash Provided by (Used in) Financing Activities | $-1,300,000 | $-898,000 | $-513,000 | $-563,000 |
| Increase (Decrease) in Accounts Receivable | $268,000 | $929,000 | $408,000 | $329,000 |
| Increase (Decrease) in Deferred Policy Acquisition Costs | $85,000 | $69,000 | $17,000 | $11,000 |
| Increase (Decrease) in Insurance Liabilities | $1,667,000 | $2,365,000 | $1,670,000 | $1,698,000 |
| Increase (Decrease) in Other Operating Assets | $88,000 | $-417,000 | $-223,000 | $-414,000 |
| Increase (Decrease) in Other Operating Liabilities | $-95,000 | $-9,000 | $-274,000 | $-654,000 |
| Increase (Decrease) in Debt Securities, Trading, and Equity Securities, FV-NI | $-577,000 | $695,000 | $413,000 | $987,000 |