GLOBE LIFE INC.
GL· NYSE, NYSE· Life Insurance
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 20.9%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +4.8%
We record prices for the companies we cover; GL is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 82.5M
- Revenue
- $6.0B
- Free cash flow
- $1.3B
- Owner earnings
- $1.2B
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- –
- Net
- 19.4%
- Free cash flow
- 20.9%
- Owner earnings
- 20.0%
- Stock pay
- 0.9%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 19.4%
- ROE, 5 yr avg
- 27.1%
Growth (CAGR)
- Revenue, 3 yr
- 4.7%
- Revenue, 5 yr
- 4.8%
- Revenue, 9 yr
- 4.8%
- Diluted EPS, 3 yr
- 15.9%
- Diluted EPS, 5 yr
- 15.6%
- Diluted EPS, 9 yr
- 13.5%
- Free cash flow, 3 yr
- -3.5%
- Free cash flow, 5 yr
- -2.7%
- Free cash flow, 9 yr
- -1.0%
Financial health · FY2025
- Cash and investments
- $459.4M
- Total debt
- $2.6B
- Net debt
- $2.2B
- Debt/Equity
- 0.4x
- Debt/FCF
- 2.1x
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 7.4%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- -5.1%
Financials: ten years from the 10-Ks
Revenue
$6.0B
+4.8% a year over 9 years
FY2016FY2025
Margins
Gross–Operating–Net19.4%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow$1.3BOwner earnings$1.2B
Free cash flow -1.0% a year
FY2016FY2025
Diluted shares
82.5M
-32.6% over 9 years, net buybacks
FY2016FY2025
Return on invested capital
–
FY2025
FY2016FY2025
Net debt (below zero)
-$2.2B
$2.2B more debt than cash
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $3.9B | $4.2B | $4.3B | $4.5B | $4.7B | $5.1B | $5.2B | $5.4B | $5.8B | $6.0B |
| Revenue growth | 4.5% | 5.6% | 3.6% | 5.2% | 4.6% | 7.9% | 2.2% | 4.2% | 6.1% | 3.7% |
| Gross margin | 19.9% | 19.4% | 20.1% | 20.1% | 19.0% | 23.8% | 22.6% | 23.1% | – | – |
| Operating margin | 20.0% | 19.8% | 20.2% | 20.3% | 19.1% | 24.0% | 22.7% | 23.2% | – | – |
| Net income | $549.8M | $1.5B | $701.5M | $760.8M | $731.8M | $1.0B | $894.4M | $970.8M | $1.1B | $1.2B |
| Net margin | 14.0% | 35.0% | 16.3% | 16.8% | 15.4% | 20.2% | 17.1% | 17.8% | 18.5% | 19.4% |
| Diluted EPS | $4.49 | $12.22 | $6.09 | $6.83 | $6.82 | $9.99 | $9.04 | $10.07 | $11.94 | $14.07 |
| Return on invested capital? | 9.5% | – | 10.2% | 8.5% | 7.0% | 24.7% | 16.1% | 16.0% | – | – |
| Cash | ||||||||||
| Operating cash flow | $1.4B | $1.4B | $1.3B | $1.4B | $1.5B | $1.4B | $1.4B | $1.5B | $1.4B | $1.4B |
| Capital expenditure | $25.2M | $20.3M | $45.1M | $42.2M | $41.8M | $38.2M | $27.9M | $49.6M | $71.0M | $142.5M |
| Free cash flow | $1.4B | $1.4B | $1.2B | $1.3B | $1.4B | $1.4B | $1.4B | $1.4B | $1.3B | $1.3B |
| Stock-based compensation | $26.3M | $37.0M | $39.8M | $44.8M | $35.9M | $30.3M | $35.6M | $30.7M | $40.1M | $53.4M |
| Owner earnings? | $1.3B | $1.4B | $1.2B | $1.3B | $1.4B | $1.4B | $1.4B | $1.4B | $1.3B | $1.2B |
| Free cash flow per share | $11.22 | $11.84 | $10.69 | $11.87 | $13.38 | $13.56 | $14.09 | $14.87 | $14.85 | $15.19 |
| Capital allocation | ||||||||||
| Dividends paid | $66.9M | $68.8M | $71.4M | $74.2M | $78.2M | $80.0M | $80.5M | $84.1M | $85.5M | $86.1M |
| Share repurchases | $404.8M | $413.0M | $421.7M | $459.6M | $443.9M | $541.4M | $454.6M | $511.1M | $1.0B | $881.0M |
| Diluted shares | 122.4M | 119.0M | 115.2M | 111.4M | 107.2M | 103.2M | 99.0M | 96.4M | 89.7M | 82.5M |
| Share count change? | -3.5% | -2.8% | -3.1% | -3.4% | -3.7% | -3.8% | -4.1% | -2.6% | -7.0% | -8.0% |
| Balance sheet | ||||||||||
| Cash and equivalents | $76.2M | $118.6M | $121.0M | $75.9M | $94.8M | $92.2M | $92.6M | $103.2M | $165.3M | $144.7M |
| Short-term investments | $72.0M | $127.1M | $63.3M | $38.3M | $107.8M | $69.1M | $114.1M | $81.7M | $85.0M | $314.7M |
| Total debt | $1.4B | $1.5B | $1.7B | $1.7B | $1.9B | $2.2B | $2.2B | $2.1B | $2.7B | $2.6B |
| Net debt | $1.3B | $1.2B | $1.5B | $1.5B | $1.7B | $2.0B | $2.0B | $1.9B | $2.5B | $2.2B |
| Shareholders' equity | $4.6B | $6.2B | $5.4B | $7.3B | $8.8B | $2.0B | $3.9B | $4.5B | $5.3B | $6.0B |
Latest filings
| 2026-10-21 | 8-K | Earnings release |
| 2026-08-05 | 10-Q | Quarterly report |
| 2026-07-22 | 8-K | Earnings release |
| 2026-05-07 | 10-Q | Quarterly report |
| 2026-04-22 | 8-K | Earnings release |
| 2026-03-19 | DEF 14A | Proxy statement |
| 2026-02-25 | 10-K | Annual report |
| 2026-02-04 | 8-K | Earnings release |
| 2025-11-05 | 10-Q | Quarterly report |
| 2025-10-22 | 8-K | Earnings release |
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