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Torchmark Corp (TMK)

Torchmark Corp (TMK)
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Torchmark Corporation is a financial services holding company specializing in life and supplemental health insurance for middle-income Americans, marketed through multiple distribution channels including direct response and exclusive and independent insurance agencies. Its primary subsidiaries are American Income Life Insurance Company (American Income), Liberty National Life Insurance Company (Liberty National), Globe Life And Accident Insurance Company (Globe), United American Insurance Company (United American), and Family Heritage Life Insurance Company of America (Family Heritage). Torchmark offers limited-benefit supplemental health insurance products that include primarily critical illness and accident plans. Medicare Supplements are also offered to enrollees in the traditional fee-for-service Medicare program. Medicare Supplement plans are standardized by federal regulation and are designed to pay deductibles and co-payments not paid by Medicare.
(Values in U.S. Thousands) Jun, 2019 Mar, 2019 Dec, 2018 Sep, 2018 Jun, 2018
Sales 1,130,460 1,119,220 1,064,740 1,083,800 1,084,780
Sales Growth +1.00% +5.12% -1.76% -0.09% +1.34%
Net Income 186,570 185,350 164,720 178,720 184,430
Net Income Growth +0.66% +12.52% -7.83% -3.10% +6.24%
(Values in U.S. Thousands) Jun, 2019 Mar, 2019 Dec, 2018 Sep, 2018 Jun, 2018
Total Assets 24,133,439 23,095,721 23,469,490 22,878,699 23,182,340
Total Assets Growth +4.49% -1.59% +2.58% -1.31% -1.25%
Total Liabilities 18,090,010 17,680,539 17,930,580 17,307,090 17,362,039
Total Liabilities Growth +2.32% -1.39% +3.60% -0.32% +0.69%
(Values in U.S. Thousands) Jun, 2019 Mar, 2019 Dec, 2018 Sep, 2018 Jun, 2018
Operating Cash Flow 423,290 1,277,650 937,290 616,520 382,390
Operating Cash Flow Growth -66.87% +36.31% +52.03% +61.23% -73.24%
Net Cash Flow -53,680 2,460 -41,120 -36,330 -29,950
Change in Net Cash Flow -2,282.11% +105.98% -13.18% -21.30% -170.64%
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