Globe Life Inc. (GL) reported $6.27B of revenue for the twelve months ended Sep 30, 2026. That is up 5.6% from the year before. Revenue for fiscal 2025 was $5.99B.

Yes. Globe Life Inc. earned $1.19B in net income for the twelve months ended Sep 30, 2026, a net margin of 18.9%.

How much cash and debt does GL have?

Globe Life Inc. reported $257.92M in cash and cash equivalents and $2.99B of debt on its most recent balance sheet in SEC filings.

How fast is GL revenue growing?

Globe Life Inc.'s revenue changed +3.7% in fiscal 2025, to $5.99B. Its compound annual growth rate was +4.8% over 5 years and +4.8% over 10 years.

What is GL free cash flow?

Globe Life Inc. generated $1.33B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $1.41B less capital expenditures.

What is GL earnings per share?

Diluted earnings per share were $14.94 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did GL last report financial results?

The latest statements here come from Globe Life Inc.'s 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.

Where does this GL financial data come from?

Quantisnow builds these statements from the structured XBRL data Globe Life Inc. files with the SEC. It is provided for information only and is not investment advice.

Financials · GL

Globe Life Inc. (GL) financials

For the twelve months ended Sep 30, 2026, Globe Life Inc. reported $6.27B of revenue and $1.19B of net income.

Revenue, TTM: $6.27B
Revenue growth, YoY: +5.6%
Net income, TTM: $1.19B
Net income growth, YoY: +3.1%
Net margin: 18.9%
Free cash flow, TTM: $1.33B
EPS, diluted, TTM: $14.94
EPS growth, YoY: +8.3%
Cash: $257.92M
Total debt: $2.99B
P/E: 10.00
P/S: 1.89
Market cap: $11.86B

Annual revenue$5.99B

FY2016FY2025

Annual net income$1.16B

FY2016FY2025

Annual free cash flow$1.25B

FY2016FY2025

GL revenue and earnings growth

GL revenueQ3 2026$1.60B

Quarter YoY: +5.5%
QoQ: -0.2%
FY YoY: +3.7%
5Y CAGR: +4.8%
10Y CAGR: +4.8%

GL revenue was $1.60B in fiscal Q3 2026 (ended Sep 30, 2026), up 5.5% from a year earlier and down 0.2% from the prior quarter. For the full fiscal 2025 it was $5.99B, up 3.7% from fiscal 2024. Compound annual growth was +4.8% over 5 years and +4.8% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

GL net incomeQ3 2026$361.11M

Quarter YoY: -6.9%
QoQ: +25.5%
FY YoY: +8.4%
5Y CAGR: +9.7%
10Y CAGR: +8.2%

GL net income was $361.11M in fiscal Q3 2026 (ended Sep 30, 2026), down 6.9% from a year earlier and up 25.5% from the prior quarter. For the full fiscal 2025 it was $1.16B, up 8.4% from fiscal 2024. Compound annual growth was +9.7% over 5 years and +8.2% over 10 years. It rose in 7 of the last 10 fiscal years.

GL EPSQ3 2026$4.62

Quarter YoY: -2.3%
QoQ: +26.6%
FY YoY: +17.8%
5Y CAGR: +15.6%
10Y CAGR: +13.0%

GL diluted EPS was $4.62 in fiscal Q3 2026 (ended Sep 30, 2026), down 2.3% from a year earlier and up 26.6% from the prior quarter. For the full fiscal 2025 it was $14.07, up 17.8% from fiscal 2024. Compound annual growth was +15.6% over 5 years and +13.0% over 10 years.

GL free cash flowQ3 2026$310.82M

Quarter YoY: +48.9%
QoQ: +4.5%
FY YoY: -5.8%
5Y CAGR: -2.7%
10Y CAGR: +1.5%

GL free cash flow was $310.82M in fiscal Q3 2026 (ended Sep 30, 2026), up 48.9% from a year earlier and up 4.5% from the prior quarter. For the full fiscal 2025 it was $1.25B, down 5.8% from fiscal 2024. Compound annual growth was -2.7% over 5 years and +1.5% over 10 years. It rose in 5 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$5.99B	$5.78B	$5.45B	$5.23B	$5.11B	$4.74B	$4.53B	$4.30B	$4.16B	$3.93B
Gross profit	-	-	$1.26B	$1.18B	$1.22B	$901.05M	$910.66M	$865.48M	$807.04M	$782.92M
Selling, general and admin	-	-	$302.06M	$307.52M	$282.03M	$254.93M	$249.08M	$227.53M	$210.59M	$197.15M
Operating income	-	-	$1.27B	$1.19B	$1.23B	$905.36M	$920.06M	$870.64M	$821.16M	$787.27M
Interest expense	$141.22M	$127.09M	$102.32M	$90.39M	$83.49M	$86.70M	$84.31M	$90.08M	$84.53M	$83.34M
Pre-tax income	$1.44B	$1.33B	$1.19B	$1.10B	$1.27B	$896.68M	$931.28M	$863.67M	$830.65M	$772.24M
Income tax	$274.74M	$255.88M	$223.51M	$207.72M	$243.50M	$164.91M	$170.40M	$162.16M	-$627.62M	$232.65M
Net income	$1.16B	$1.07B	$970.75M	$894.39M	$1.03B	$731.77M	$760.79M	$701.47M	$1.45B	$549.78M
EPS, basic	$14.27	$11.99	$10.21	$9.13	$10.10	$6.90	$6.97	$6.22	$12.50	$4.58
EPS, diluted	$14.07	$11.94	$10.07	$9.04	$9.99	$6.82	$6.83	$6.09	$12.22	$4.49
Diluted shares	82.5M	89.7M	96.4M	99.0M	103.2M	107.2M	111.4M	115.2M	119.0M	122.4M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$144.70M	$165.32M	$103.16M	$92.56M	$92.16M	$94.85M	$75.93M	$121.03M	$118.56M	$76.16M
Short-term investments	$314.71M	$85.03M	$81.74M	$114.12M	$69.14M	$107.78M	$38.28M	$63.29M	$127.07M	$72.04M
Goodwill	$490.45M	$490.45M	$481.79M	$481.79M	$481.79M	$441.59M	$441.59M	$441.59M	$441.59M	$441.59M
Total assets	$30.81B	$29.08B	$28.05B	$25.99B	$29.77B	$29.05B	$25.98B	$23.10B	$23.47B	$21.44B
Short-term debt	$304.66M	$415.40M	$486.11M	$165.50M	$149.75M	$0	$9.38M	$6.88M	$4.38M	$1.88M
Long-term debt	$2.32B	$2.32B	$1.63B	$1.63B	$1.55B	$1.67B	$1.35B	$1.36B	$1.13B	$1.13B
Total debt	$2.63B	$2.74B	$2.12B	$1.79B	$1.70B	$1.67B	$1.36B	$1.36B	$1.14B	$1.14B
Total liabilities	$24.84B	$23.77B	$23.56B	$22.04B	$21.13B	$20.28B	$18.68B	$17.68B	$17.24B	$16.87B
Shareholders' equity	$5.97B	$5.31B	$4.49B	$3.95B	$2.00B	$8.77B	$7.29B	$5.42B	$6.23B	$4.57B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$1.40B	$1.40B	$1.48B	$1.42B	$1.44B	$1.48B	$1.36B	$1.28B	$1.43B	$1.40B
Capital expenditures	$142.48M	$71.05M	$49.55M	$27.93M	$38.24M	$41.76M	$42.20M	$45.09M	$20.29M	$25.16M
Free cash flow	$1.25B	$1.33B	$1.43B	$1.39B	$1.40B	$1.43B	$1.32B	$1.23B	$1.41B	$1.37B
Investing cash flow	-$643.62M	-$641.52M	-$926.15M	-$943.01M	-$913.37M	-$1.18B	-$809.31M	-$896.22M	-$926.82M	-$1.06B
Financing cash flow	-$768.05M	-$715.84M	-$541.49M	-$492.45M	-$523.60M	-$274.06M	-$590.51M	-$391.52M	-$453.98M	-$319.79M
Dividends paid	$86.07M	$85.48M	$84.12M	$80.55M	$80.04M	$78.19M	$74.19M	$71.42M	$68.83M	$66.93M
Share repurchases	$880.98M	$1.00B	$511.10M	$454.64M	$541.43M	$443.87M	$459.57M	$421.75M	$412.99M	$404.78M
Stock-based compensation	$53.35M	$40.12M	$30.74M	$35.65M	$30.27M	$35.89M	$44.84M	$39.79M	$37.03M	$26.33M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	3.7%	6.1%	4.2%	2.2%	7.9%	4.6%	5.2%	3.6%	5.6%	4.5%
Net income growth, YoY	8.4%	10.3%	8.5%	-13.3%	40.9%	-3.8%	8.5%	-51.8%	164.6%	4.3%
EPS growth, YoY	17.8%	18.6%	11.4%	-9.5%	46.5%	-0.1%	12.2%	-50.2%	172.2%	7.9%
Gross margin	-	-	23.1%	22.6%	23.8%	19.0%	20.1%	20.1%	19.4%	19.9%
Operating margin	-	-	23.2%	22.7%	24.0%	19.1%	20.3%	20.2%	19.8%	20.0%
Net margin	19.4%	18.5%	17.8%	17.1%	20.2%	15.4%	16.8%	16.3%	35.0%	14.0%
Free cash flow margin	20.9%	23.0%	26.3%	26.7%	27.4%	30.3%	29.2%	28.6%	33.9%	34.9%
Return on equity	19.4%	20.2%	21.6%	22.6%	51.5%	8.3%	10.4%	13.0%	23.3%	12.0%
Return on assets	3.8%	3.7%	3.5%	3.4%	3.5%	2.5%	2.9%	3.0%	6.2%	2.6%
Debt to equity	0.44	0.52	0.47	0.45	0.85	0.19	0.19	0.25	0.18	0.25

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023 Dec 31, 2023
Revenue	$1.60B	$1.60B	$1.56B	$1.52B	$1.51B	$1.48B	$1.48B	$1.47B	$1.46B	$1.44B	$1.42B	$1.42B
Gross profit	-	-	-	-	-	-	-	-	$379.15M	$334.91M	$326.72M	$323.42M
Selling, general and admin	-	-	-	-	-	-	-	-	$89.19M	$83.11M	$80.41M	$78.11M
Operating income	-	-	-	-	-	-	-	-	$383.12M	$338.60M	$327.43M	$327.36M
Interest expense	$37.81M	$36.05M	$34.00M	$35.21M	$36.13M	$34.88M	$34.99M	$35.68M	$31.39M	$31.40M	$28.62M	$25.68M
Pre-tax income	$441.23M	$354.89M	$334.13M	$329.49M	$477.10M	$313.30M	$316.08M	$312.43M	$376.96M	$322.32M	$314.92M	$336.71M
Income tax	$80.13M	$67.14M	$63.61M	$63.41M	$89.26M	$60.55M	$61.52M	$57.24M	$73.96M	$63.97M	$60.71M	$61.91M
Net income	$361.11M	$287.75M	$270.53M	$266.08M	$387.84M	$252.75M	$254.56M	$255.20M	$302.99M	$258.36M	$254.22M	$274.80M
EPS, basic	$4.71	$3.71	$3.45	$3.32	$4.81	$3.09	$3.05	$3.00	$3.45	$2.83	$2.71	$2.92
EPS, diluted	$4.62	$3.65	$3.39	$3.28	$4.73	$3.05	$3.01	$3.00	$3.44	$2.83	$2.67	$2.88
Diluted shares	78.2M	78.9M	79.7M	-	82.0M	82.8M	84.5M	-	88.1M	91.4M	95.1M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023 Dec 31, 2023
Cash and equivalents	$257.92M	$257.05M	$255.21M	$144.70M	$302.72M	$239.12M	$232.27M	$165.32M	$134.55M	$87.91M	$83.55M	$103.16M
Short-term investments	$95.24M	$198.33M	$183.79M	$314.71M	$62.82M	$116.72M	$134.07M	$85.03M	$100.50M	$100.56M	$58.41M	$81.74M
Goodwill	$490.45M	$490.45M	$490.45M	$490.45M	$490.45M	$490.45M	$490.45M	$490.45M	$490.45M	$481.79M	$481.79M	$481.79M
Total assets	$30.57B	$31.56B	$30.97B	$30.81B	$30.53B	$29.81B	$29.71B	$29.08B	$29.56B	$28.30B	$28.57B	$28.05B
Short-term debt	$317.62M	$277.95M	$457.05M	$304.66M	$394.35M	$464.54M	$476.89M	$415.40M	$437.42M	$654.61M	$733.54M	$486.11M
Long-term debt	$2.67B	$2.67B	$2.32B	$2.32B	$2.32B	$2.33B	$2.32B	$2.32B	$2.32B	$1.63B	$1.63B	$1.63B
Total debt	$2.99B	$2.94B	$2.78B	$2.63B	$2.71B	$2.79B	$2.80B	$2.74B	$2.76B	$2.29B	$2.36B	$2.12B
Total liabilities	$23.95B	$25.41B	$24.88B	$24.84B	$24.84B	$24.39B	$24.28B	$23.77B	$24.92B	$23.07B	$23.53B	$23.56B
Shareholders' equity	$6.62B	$6.16B	$6.08B	$5.97B	$5.69B	$5.42B	$5.43B	$5.31B	$4.64B	$5.23B	$5.04B	$4.49B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023 Dec 31, 2023
Operating cash flow	$325.76M	$314.06M	$420.94M	$350.60M	$305.98M	$307.93M	$431.89M	$336.93M	$340.59M	$374.12M	$350.81M	$391.40M
Capital expenditures	$14.94M	$16.50M	$24.91M	$20.50M	$97.29M	$12.94M	$11.75M	$15.00M	$29.31M	$17.63M	$9.11M	$13.10M
Free cash flow	$310.82M	$297.57M	$396.03M	$330.10M	$208.69M	$294.99M	$420.14M	$321.93M	$311.28M	$356.49M	$341.70M	$378.29M
Investing cash flow	-$127.03M	-$271.87M	-$281.26M	-$265.84M	-$73.79M	-$64.03M	-$239.95M	$181.37M	-$196.30M	$105.35M	-$731.94M	-$98.18M
Financing cash flow	-$196.79M	-$48.08M	-$29.63M	-$241.01M	-$171.79M	-$230.78M	-$124.46M	-$500.95M	-$95.10M	-$476.74M	$356.96M	-$271.73M
Dividends paid	$25.45M	$25.69M	$21.36M	$21.67M	$21.87M	$22.38M	$20.15M	$20.19M	$21.61M	$22.56M	$21.12M	$21.17M
Share repurchases	$217.96M	$274.72M	$240.47M	$192.26M	$173.86M	$250.31M	$264.54M	$51.66M	$591.11M	$335.87M	$23.47M	$145.17M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023 Dec 31, 2023
Revenue growth, YoY	5.5%	8.0%	5.3%	3.6%	4.0%	2.8%	4.5%	3.6%	5.2%	8.6%	7.2%	6.0%
Net income growth, YoY	-6.9%	13.8%	6.3%	4.3%	28.0%	-2.2%	0.1%	-7.1%	17.9%	20.0%	13.7%	13.4%
EPS growth, YoY	-2.3%	19.7%	12.6%	9.3%	37.5%	7.8%	12.7%	4.2%	28.4%	26.3%	17.1%	17.1%
Gross margin	-	-	-	-	-	-	-	-	26.1%	23.3%	23.1%	22.8%
Operating margin	-	-	-	-	-	-	-	-	26.3%	23.5%	23.1%	23.1%
Net margin	22.6%	18.0%	17.3%	17.5%	25.6%	17.1%	17.2%	17.4%	20.8%	17.9%	18.0%	19.4%
Free cash flow margin	19.5%	18.6%	25.4%	21.7%	13.8%	19.9%	28.4%	22.0%	21.4%	24.8%	24.1%	26.7%
Debt to equity	0.45	0.48	0.46	0.44	0.48	0.51	0.52	0.52	0.60	0.44	0.47	0.47

Source: XBRL data Globe Life Inc. files with the SEC, latest filing dated Nov 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 3-for-2, first reported Aug 8, 2014.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

GL peers

Company	Revenue	Growth	Net income	Net margin	Market cap
GL	$6.27B	+5.6%	$1.19B	18.9%	$11.86B
MFCManulife Financial Corporation	C$8.13B	+7.1%	C$5.57B	68.5%	$71.43B
METMetLife Inc.	$79.40B	+8.7%	$3.63B	4.6%	$62.45B
PRUPrudential Financial Inc.	$61.33B	+6.5%	$3.88B	6.3%	$40.90B
SLFSun Life Financial Inc.	C$41.90B	+8.0%	C$3.55B	8.5%	$39.70B
PUKPrudential Public Limited Company	$11.49B	+7.0%	$3.98B	34.6%	$30.94B
RGAReinsurance Group of America Incorporated	$25.97B	+19.4%	$1.51B	5.8%	$17.10B
CRBGCorebridge Financial Inc.	$20.81B	+13.6%	$2.20B	10.6%	$14.95B
AEGAegon Ltd. New York Registry Shares	-	-	€977.00M	-	$14.93B

GL FAQ

8 questions

What is GL revenue?
Globe Life Inc. (GL) reported $6.27B of revenue for the twelve months ended Sep 30, 2026. That is up 5.6% from the year before. Revenue for fiscal 2025 was $5.99B.
Is GL profitable?
Yes. Globe Life Inc. earned $1.19B in net income for the twelve months ended Sep 30, 2026, a net margin of 18.9%.
How much cash and debt does GL have?
Globe Life Inc. reported $257.92M in cash and cash equivalents and $2.99B of debt on its most recent balance sheet in SEC filings.
How fast is GL revenue growing?
Globe Life Inc.'s revenue changed +3.7% in fiscal 2025, to $5.99B. Its compound annual growth rate was +4.8% over 5 years and +4.8% over 10 years.
What is GL free cash flow?
Globe Life Inc. generated $1.33B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $1.41B less capital expenditures.
What is GL earnings per share?
Diluted earnings per share were $14.94 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did GL last report financial results?
The latest statements here come from Globe Life Inc.'s 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.
Where does this GL financial data come from?
Quantisnow builds these statements from the structured XBRL data Globe Life Inc. files with the SEC. It is provided for information only and is not investment advice.