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US life and supplemental health insurer selling small policies to middle-income households mainly through captive agencies.
US life and supplemental health insurer selling small policies to middle-income households mainly through captive agencies.
Pays its own agents to sell small life and supplemental health policies, and also sells by direct mail and online. It earns premiums that are largely level for years and invests the float, so profit depends on claims experience and on how long policies stay in force.
Moat: narrow (distribution, cost advantage). Large captive agent force selling low face-value policies at low unit cost to an underserved segment.
Headquarters: McKinney, Texas, US · Founded: 1900 · Employees: 3,695
Size Globe Life (GL) is a United States Financials company (Multi-Line Insurance) with a market value of $12.1B, the 690th largest of 3,117 United States companies the cockpit tracks. Shares closed at $157.18 on 6 Nov 2026.
Performance Over six months the shares gained 4.0%, against +8.4% for the median peer and -1.1% for the United States market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 5.6% over the last twelve months (peer median +7.9%); the operating margin is 25.8% (peer median 14.1%).
Valuation It trades at 2.08× book value against a peer median of 1.43× (6th most expensive of 21).
Credit Globe Life has 4 bonds outstanding ($1.80B), rated A by the agencies and trading like BBB+ at a weighted spread of 83 bp.
Short interest Short interest is 2.9% of the free float (15 Oct 2026).
Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $6.27B | $5.99B | $5.78B | $5.45B | $5.23B |
| Revenue growth | — | +4% | +6% | +4% | — |
| Net income | $1.19B | $1.16B | $1.07B | $971M | $894M |
| Free cash flow | n/a | $1.25B | $1.33B | $1.43B | $1.39B |
| Capital expenditure | n/a | $142M | $71.0M | $49.6M | $27.9M |
| Total debt | n/a | $2.63B | $2.74B | $2.12B | $2.08B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Globe Life GL | $12.1B | +4% | +6% | 21% | 2.08× | 11.7% |
| Aflac AFL | $62.2B | +10% | +14% | 17% | 2.06× | 12.5% |
| Unum UNM | $12.2B | -5% | -5% | 3% | 1.52× | 8.1% |
| Primerica PRI | $8.94B | +6% | +8% | 33% | 3.56× | 24.9% |
| Amplitude Energy AEL.AX | $368M | +8% | +7% | -6% | 1.06× | 9.9% |
| MetLife MET | $62.4B | +27% | +9% | 13% | 2.28× | 16.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.4% | +2.0% | 4th lowest of 21 |
| 6-month return | +4.0% | +8.4% | 9th lowest of 21 |
| Return on equity | 20.6% | 15.4% | 7th highest of 21 |
| Price / book | 2.08× | 1.43× | 6th most expensive of 21 |
| Trailing P/E | 10.5× | 11.7× | 9th cheapest of 20 |
| ROE the price implies | 11.7% | 9.0% | 8th most demanding of 21 |
| Bond spread | 83 bp | 97 bp | 4th tightest of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Globe Life GL | United States | $12.1B | +4% | +6% | 21% | 2.08× | 11.7% | n/a |
| Unum UNM | United States | $12.2B | -5% | -5% | 3% | 1.52× | 8.1% | 2.6% |
| Aditya Birla Capital ABCAPITAL.NS | India | $11.5B | +8% | +24% | 12% | 2.56× | 41.9% | 12.1% |
| Aegon AGN.AS | Netherlands | $12.7B | +4% | +16% | 10% | 1.25× | 8.2% | 10.5% |
| CNA Financial CNA | United States | $12.8B | +9% | +2% | 10% | 1.25× | 7.2% | 9.6% |
| Mapfre MAP.MC | Spain | $14.1B | -2% | +5% | 12% | 1.26× | 8.4% | 12.4% |
| Gjensidige Forsikring GJF.OL | Norway | $14.7B | +9% | +7% | 30% | 5.73× | 19.1% | 29.9% |
| Suncorp SUN.AX | Australia | $14.9B | +21% | -3% | 10% | 2.08× | 11.7% | 9.8% |
| Brookfield Wealth Solutions BNT.TO | Canada | $14.9B | -8% | -18% | 1% | 0.70× | 9.4% | 0.7% |
| Powszechny Zaklad Ubezpieczen Spolka Akcyjna PZU.WA | Poland | $16.1B | +15% | +1% | 20% | 1.83× | 19.5% | 19.5% |
| Kinsale Capital KNSL | United States | $8.64B | +26% | +8% | 28% | 4.70× | 30.6% | 27.8% |
| ASR Nederland ASRNL.AS | Netherlands | $17.3B | +14% | +6% | 13% | 1.74× | 8.3% | 13.1% |
| China Taiping Insurance 0966.HK | Hong Kong | $8.28B | -24% | +19% | 36% | 0.63× | 8.1% | 36.2% |
| Hiscox HSX.L | United Kingdom | $8.08B | +18% | +4% | 17% | 2.06× | 15.1% | 16.6% |
| Lincoln National LNC | United States | $7.67B | +12% | +12% | 23% | 0.74× | 8.6% | 22.6% |
| Axis Capital AXS | United States | $7.60B | +7% | +10% | 16% | 1.33× | 8.1% | 16.0% |
| Great Eastern G07.SI | Singapore | $7.47B | +21% | +27% | 15% | 1.73× | 11.4% | 14.8% |
| Db Insurance 005830.KS | South Korea | $6.90B | +2% | -14% | 17% | 0.85× | 5.1% | 17.0% |
| New China Life Insurance 1336.HK | Hong Kong | $21.5B | -24% | +44% | 42% | 0.87× | 10.3% | 42.3% |
| Legal & General LGEN.L | United Kingdom | $21.9B | +24% | +137% | 26% | 7.73× | 70.7% | 26.2% |
| China Reinsurance (Group) 1508.HK | Hong Kong | $6.64B | -5% | +11% | 10% | 0.40× | 5.5% | 9.7% |
Globe Life has 4 bonds outstanding with $1.80B face value. The agencies rate it A; its bonds trade like BBB+. Weighted yield 5.42%, a spread of 83 bp over government bonds.