Globe Life (GL)
Financials · Life and supplemental health insurance
Globe Life is a heritage life and health insurance company distributing individual and supplemental coverage through direct-to-consumer, exclusive agent, and independent agent channels to working families and lower-middle-income Americans.
What Globe Life does
Globe Life Inc. is an insurance holding company that underrites and distributes life and health insurance products through five primary subsidiaries and multiple distribution channels. The company serves lower-middle-income to middle-income Americans and working families with individual life insurance (whole life, term, and other products) and supplemental health insurance (including Medicare Supplement, cancer, critical illness, accident, and limited-benefit coverage). Distribution occurs through direct-to-consumer channels (direct mail, electronic and insert media), exclusive independent agents (American Income Life, Liberty National, Family Heritage), and independent brokers (United American).
Themes: ["life insurance","supplemental health insurance","Medicare supplement","direct-to-consumer insurance","agent-based distribution","working families","lower-middle-income market","individual insurance policies"]
Fundamentals
- Price$178.86 as of 2026-07-09 close
- Market cap$13.9B as of 2026-07-10
- 1-year return+52.1% as of 2026-07-09 close
- P/E11.79 as of 2026-07-10
- Net margin+19.4% as of 2026-07-10
- ROE+20.3% as of 2026-07-10
- Debt / equity0.46 as of 2026-07-10
- Revenue growth (YoY)+4.0% as of 2026-07-10
- Revenue CAGR (3y)+4.7% SEC XBRL
- Beta0.47 as of 2026-07-10
Dividend: yield +0.7%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Mortality and morbidity risk: actual claims experience may exceed assumptions embedded in policyholder benefit reserves; elevated mortality from pandemics or other catastrophic events could materially impact profitability","Policy lapse and persistency risk: declining persistency in the in-force policy base could reduce premium revenue and require increased acquisition spending to maintain revenue targets","Investment portfolio risk: interest rate fluctuations, credit defaults, and mark-to-market losses on fixed maturities (which comprise the bulk of the $20.4 billion investment portfolio) could reduce investment income and shareholder equity"]
Competitors & peers
- FBL Financial Services (FFH)
- Security National Financial Corporation (SNFM)
- Kansas City Life Insurance Company (KCLI)
- Presidential Life Corporation
- National Western Life Group
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.