Stocktoria

GLOBE LIFE INC. GL

NYSE · stock · Life Insurance · website · IPO 1980-12-31 · LEI

GLOBE LIFE INC. statistics & valuation

Market cap$13.9B
P / E12.0×
P / S2.3×
P / B2.3×
P / FCF11.1×
Dividend yield0.62%
Net margin19.4%
Return on equity19.4%
FCF margin20.9%
Net debt$2.3B
Enterprise value USD$16.2B
Graham number -19.5%$143.21

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($143.21); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.00% 35.00% 16.30% 16.80% 15.40% 20.20% 17.10% 17.80% 18.50% 19.40% 2016201720182019202020212022202320242025
Gross margin (%)
19.90% 19.40% 20.10% 20.10% 19.00% 23.80% 22.60% 23.10% 2016201720182019202020212022202320242025
Operating margin (%)
20.00% 19.80% 20.20% 20.30% 19.10% 24.00% 22.70% 23.20% 2016201720182019202020212022202320242025
Return on equity (%)
12.00% 23.30% 13.00% 10.40% 8.30% 51.50% 22.60% 21.60% 20.20% 19.40% 2016201720182019202020212022202320242025
Shares outstanding
122.4M 119.0M 121.2M 117.2M 113.2M 109.2M 105.2M 102.2M 97.2M 92.2M 2016201720182019202020212022202320242025
Net debt ($)
$1.14B $1.14B $1.36B $1.36B $1.67B $1.70B $1.79B $1.63B $2.32B $2.32B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.60% 6.20% 3.00% 2.90% 2.50% 3.50% 3.40% 3.50% 3.70% 3.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
34.90% 33.90% 28.60% 29.20% 30.30% 27.40% 26.70% 26.30% 23.00% 20.90% 2016201720182019202020212022202320242025
Debt / equity (×)
0.25× 0.18× 0.25× 0.19× 0.19× 0.85× 0.45× 0.36× 0.44× 0.39× 2016201720182019202020212022202320242025
EPS ($)
$4.49 $12.22 $6.09 $6.83 $6.82 $9.99 $9.04 $10.07 $11.94 $14.07 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

GLOBE LIFE INC. trades at about 12.6× earnings — near its 10-year norm (10-year range 7.4×–16.4×, median 13.3×).

7.4× 16.4×

Shaded band = 10-year range (7.4×–16.4×); dot = today's 12.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
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 margin19.4%18.5%17.8%17.1%20.2%15.4%16.8%16.3%35.0%14.0%
FCF margin20.9%23.0%26.3%26.7%27.4%30.3%29.2%28.6%33.9%34.9%
Return on assets3.8%3.7%3.5%3.4%3.5%2.5%2.9%3.0%6.2%2.6%
Return on equity19.4%20.2%21.6%22.6%51.5%8.3%10.4%13.0%23.3%12.0%
Debt / equity0.39×0.44×0.36×0.45×0.85×0.19×0.19×0.25×0.18×0.25×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.