Globe Life (GL) stock
Financials · Life & Health Insurance
Globe Life (GL) is a Life & Health Insurance company in the Financials sector, headquartered in McKinney, Texas. As of October 23, 2026, GL closed at $154.79, a market capitalization of $11.90 billion, the 474th largest company in the S&P 500. Over the last twelve months it generated $6.27 billion in revenue (+6% year over year) and $1.23 billion in free cash flow. The stock trades at 10.4x trailing earnings and 9.4x forward earnings.
- 1-year total return: +15.0% (dividends reinvested)
- 5-year return: +11.6% a year
- 52-week range: $127.85 – $191.55
- Gross margin 33.1%, operating margin 30.0%
- Dividend yield: 0.85%, 20 straight years of increases
- FI Handbook report card: B across 9 metrics
- 74th largest of 76 Financials stocks in the S&P 500
GL price chart
1Y price change: +14.1% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| GL | -8.1% | +11.6% | +15.0% | +12.6% | +11.6% | +10.2% | +10.8% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1980.
GL key statistics
- Market cap
- $11.9B
- #474 in S&P 500
- P/E (TTM)
- 10.4x
- Forward P/E
- 9.4x
- EPS (TTM)
- $14.94
- Revenue (TTM)
- $6.3B
- +6%
- Free cash flow
- $1.2B
- Gross margin
- 33.1%
- Operating margin
- 30.0%
- Return on equity
- —
- Dividend yield
- 0.85%
- 52-week range
- $127.85 – $191.55
- Beta
- 0.44
- Price / sales
- 1.9x
- EV / EBITDA
- 9.0x
- Debt / equity
- 0.56x
- Employees
- 3,695
GL report card
BTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth5.5%C
- Gross margin33.1%C
- Operating margin30.0%A
- FCF margin19.6%B
- Return on equity——
- Net debt / EBITDA1.8xC
- Forward P/E9.4xA
- PEG ratio1.3xB
- Shareholder yield8.3%A
- Share count change / yr-5.1%A
Globe Life financials
Revenue went from $3.9B in fiscal 2016 to $6.0B in fiscal 2025, growing 4.8% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.9B | $4.2B | $4.3B | $4.5B | $4.7B | $5.1B | $5.2B | $5.4B | $5.8B | $6.0B |
| Gross profit | $782.9M | $807.0M | $865.5M | $910.7M | $901.1M | $1.2B | $1.2B | $1.3B | — | — |
| Operating income | $787.3M | $821.2M | $870.6M | $920.1M | $905.4M | $1.2B | $1.2B | $1.3B | — | — |
| Net income | $549.8M | $1.5B | $701.5M | $760.8M | $731.8M | $1.0B | $894.4M | $970.8M | $1.1B | $1.2B |
| EPS (diluted) | $4.49 | $12.22 | $6.09 | $6.83 | $6.82 | $9.99 | $9.04 | $10.07 | $11.94 | $14.07 |
| Free cash flow | $1.4B | $1.4B | $1.2B | $1.3B | $1.4B | $1.4B | $1.4B | $1.4B | $1.3B | $1.3B |
| Buybacks | $404.8M | $413.0M | $421.7M | $459.6M | $443.9M | $541.4M | $454.6M | $511.1M | $1.0B | $881.0M |
| Dividends paid | $66.9M | $68.8M | $71.4M | $74.2M | $78.2M | $80.0M | $80.5M | $84.1M | $85.5M | $86.1M |
| Diluted shares | 122.4M | 119.0M | 115.2M | 111.4M | 107.2M | 103.2M | 99.0M | 96.4M | 89.7M | 82.5M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into GL?
A reverse DCF asks what growth the current price requires. With an enterprise value of $14.9B and $1.2B of trailing free cash flow, Globe Life needs to grow free cash flow about -1.8% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew -2.7% a year over the last five years.
P/E ratio history
Current 11.0x vs. median 12.0x (10th–90th percentile 8.0x–15.4x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
GL dividend
- Dividend yield
- 0.85%
- Annual dividend
- $1.32
- Years of increases
- 20
- 5-yr dividend growth
- 7.3%
- per year
- Payout ratio
- 8%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
GL earnings
Next report: February 3, 2027.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Oct 21, 2026 | $4.89 | $4.84 | -1.1% |
| Jul 22, 2026 | $3.68 | $3.61 | -2.0% |
| Apr 22, 2026 | $3.48 | $3.43 | -1.4% |
| Feb 4, 2026 | $3.44 | $3.39 | -1.3% |
| Oct 22, 2025 | $4.54 | $4.81 | +5.9% |
| Jul 23, 2025 | $3.25 | $3.27 | +0.8% |
| Apr 30, 2025 | $3.24 | $3.07 | -5.2% |
| Feb 5, 2025 | $3.12 | $3.14 | +0.7% |
Stocks like GL
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 MET MetLife | -4.59% | +30% | $62.8B | 18.9x | Compare |
 AFL AFLAC | -2.24% | +14% | $60.4B | 13.0x | Compare |
 PRU Prudential Financial | -2.69% | +19% | $39.7B | 10.4x | Compare |
 PFG Principal Financial | -1.40% | +41% | $23.2B | 15.5x | Compare |
 BRK-B Berkshire Hathaway | -0.87% | +11% | $1.2T | 13.6x | Compare |
 JPM JP Morgan Chase | -1.47% | +15% | $880.5B | 13.9x | Compare |
 V Visa | -1.55% | +19% | $765.8B | 34.7x | Compare |
 MA Mastercard | -1.52% | +9% | $546.3B | 34.3x | Compare |
GL news
- GL Q3 deep dive: Medicare claims and group health volatility weigh on margins · Oct 23, 2026
- Globe Life Sinks 8% as Piper Sandler Downgrade Says It’s No Longer a “Predictable Safe Haven” · Oct 23, 2026
- Here Are Friday’s Top Wall Street Analyst Research Calls: Deckers Outdoor, Globe Life, Guardant Health, Hess Midstream LP, Kimberly-Clark, Natera, NVR, SpaceX, Thermo Fisher Scientific, and More · Oct 23, 2026
- 5 must-read analyst questions from Globe Life’s Q3 earnings call · Oct 23, 2026
- Globe Life (GL) Stock Price Shrugs Off Q3 Earnings Margin Questions · Oct 23, 2026
GL stock FAQ
What is GL's market cap?
Globe Life's market capitalization is $11.90 billion as of October 23, 2026, ranking 474th in the S&P 500.
What is GL's P/E ratio?
GL trades at a trailing price-to-earnings ratio of 10.4x and a forward P/E of 9.4x. Its median P/E over the period we track is 12.0x.
Does GL pay a dividend?
Yes. Globe Life pays $1.32 per share a year, a 0.85% yield. It has raised its dividend 20 years in a row. Dividends grew 7.3% a year over the last five years.
How much has GL stock returned?
Including reinvested dividends, GL returned +15.0% over one year, +11.6% a year over five years, +10.2% a year over ten years through October 23, 2026.
Is GL stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Globe Life must grow free cash flow about -2% a year for the next decade. Its free cash flow fell 3% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does GL report earnings?
Globe Life is expected to report earnings on February 3, 2027.
How many employees does Globe Life have?
Globe Life has about 3,695 full-time employees, or $1.7 million of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology