Globe Life Inc. (GL) Stock

Globe Life Inc. (GL) is a Financials stock trading at $173.08 (as of 2026-08-24), with a market capitalization of $13.30B and a trailing P/E of 11.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is headquartered in McKinney, Texas.

Understand Globe Life Inc.: how it makes money

Globe Life Inc. sells life insurance, supplemental health insurance, and annuities, earning money primarily through insurance premium revenue and through its Investments segment.

Globe Life's profit engine links (1) premium revenue from its Life and Supplemental Health products to underwriting profitability, while (2) its Annuities and Investments businesses translate premiums and reserves into investment returns.

Revenue by segment (latest quarter)
Life$0.8B
Health$0.4B
Annuities$0.3B
Investments$0.0B

Business quality (Solid): Clear product-led structure (Life, Supplemental Health, Annuities, Investments) with premium revenue metrics available, but the provided facts do not show how much revenue comes specifically from Annuities and Investments, limiting how precisely investors can underwrite the profit model.

Valuation: At 12× earnings, GL trades in line with the Insurance average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Diversified insurance product exposure across Life and Supplemental Health, with both having identifiable premium revenue measures: In the latest period, Life premium revenue is 0.85 USD_B and Health premium revenue is 0.42 USD_B, indicating meaningful contribution from both.
  • Additional earnings stream from annuities and investment activities: The company reports separate Annuities and Investments segments, aligning with a profit model that can benefit from investment income alongside underwriting.

Bear case

  • Insurance underwriting and claims experience can affect results even when premium revenue is stable: The business model depends on how much of premium revenue remains after claims and expenses, and no underwriting profitability metrics are provided in the facts beyond premium revenue.
  • Sensitivity to investment outcomes for the Annuities and Investments segments: Because the company has an Investments segment and offers annuities, changes in investment performance can influence earnings, but the provided facts do not include detailed investment results.
Valuation — source: SEC EDGAR (first-party)
Price$173.08
Market Cap$13.30B
P/E Ratio11.0
EV / EBITDA10.7
Price / Book2.16
Price / Sales2.15
FCF Yield9.3%
DCF Value (model)$290.71
DCF Upside vs Price68.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$5.99B
Net Margin19.4%
Revenue Growth (YoY)8.0%
EPS Growth (YoY)20.1%
FCF Growth (YoY)0.9%
Valuation vs Sector & Industry
Stock P/E11.0
Sector P/E (Financials)15.2
Industry P/E (Insurance)13.1
vs Sector-27.9%
vs Industry-16.0%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.41B)
Institutional Holders Tracked10
Congressional Trades (recent)6
Company
SectorFinancials
IndustryInsurance
CEOFrank Martin Svoboda
Employees3,732
CountryUS
IPO Date1980-10-01

Related Companies (Insurance; 8 comparable insurers)

  • F&G Annuities & Life, Inc. (FG)
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  • Brighthouse Financial, Inc. (BHFAL)
  • Genworth Financial, Inc. (GNW)
  • Voya Financial, Inc. (VOYA)
  • Primerica, Inc. (PRI)
  • Lincoln National Corporation (LNC)
  • Corebridge Financial, Inc. (CRBG)
GL earnings history · GL institutional & insider holders · GL KPIs & operating metrics · GL financials · GL investor presentations & press releases · GL SEC filings · GL peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.