FirmAtlas
Company handbook · GL · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
GL · CIK 320335 · LATEST FILING: 10-Q JUN '26 · FILED AUG 5, 2026
GLOBE LIFE INC.
$168.77
+1.18 (+0.70%)
Close, Oct 16, 2026 · 52-week $128–192
Last fiscal year
GLOBE LIFE INC. reported revenue of $6.0B for the year ended Dec 31, 2025 (FY25), up 3.7% from FY24. Net income was $1.2B. Source: 10-K filed Feb 25, 2026.
Market cap
$15.6B
P/E
12.8
P/B
2.5
Div yield
0.75%
Op. ROE
21.1%
Revenue 1Y
3.7%/yr
EPS 1Y
17.8%/yr
Shares 1Y
−5%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOFrank M. Svoboda
HQMcKinney, TX
AuditorDeloitte & Touche LLP
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
10.2%
11.6%
13.6%
26.3%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the earnings went · FY24–FY25
$2.2B net income
Dividends
$172M
7.7%
Buybacks
$1.9B
84.4%
Retained
$177M
7.9%
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Net premiums earned
4,666
4,890+4.8%
—
Net investment income
1,136
1,130−0.5%
—
Total revenue
5,778
5,994+3.7%
6,192
YoY
+3.7%
Losses & loss adjustment expenses
2,894
2,884−0.4%
—
Policy acquisition costs
410
448+9.2%
—
Pre-tax income
1,327
1,436+8.2%
—
Net income
1,071
1,161+8.4%
1,212
YoY
+8.4%
EPS (diluted, $)
11.94
14.07+17.8%
14.66
YoY
+17.8%
Balance sheet
Total assets
29,076
30,814+6.0%
31,563
Cash & short-term investments
250
459+83.5%
—
Investments
19,572
20,470+4.6%
—
Other assets
9,254
9,884+6.8%
—
Total liabilities
23,771
24,839+4.5%
25,407
Loss & LAE reserves
533
541+1.5%
—
Unearned premiums
258
271+5.1%
—
Other liabilities
22,980
24,028+4.6%
—
Shareholders’ equity
5,306
5,975+12.6%
6,156
Shares outstanding (M)
97
92−5.1%
—
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
1,402
1,396−0.4%
1,392
Net income
1,071
1,161+8.4%
—
Depreciation & amortization
27
30+11.1%
—
Stock-based compensation
40
53+33.0%
—
Working capital & other
265
152−42.6%
—
Cash from investing
(642)
(644)n/m
—
Capex
(71)
(142)n/m
—
Investments bought
(2,014)
(1,308)n/m
—
Investments sold / matured
1,519
1,131−25.5%
—
Other investing
(76)
(324)n/m
—
Cash from financing
(716)
(768)n/m
—
Debt raised
530
0−100.0%
—
Dividends
(85)
(86)n/m
—
Buybacks
(1,002)
(881)n/m
—
Shares issued
52
164+217.6%
—
Other financing
(210)
35n/m
—
Net change in cash
62
(21)−133.2%
—
Free cash flow (OCF − capex)
1,331
1,254−5.8%
1,232
Where the earnings went
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
1,513
1,520
1,560
1,600
vs year-ago quarter
Net income
388
266
271
288
vs year-ago quarter
Net margin
25.6%
17.5%
17.3%
18.0%
EPS (diluted, $)
4.73
2.89
3.39
3.65
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
30,528
30,814
30,966
31,563
Cash & equivalents
303
459
255
257
Total debt
2,714
2,625
2,779
2,943
Shareholders’ equity
5,689
5,975
6,085
6,156
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
306
351
421
314
Capex
97
21
25
16
Free cash flow
209
330
396
298
vs year-ago quarter