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GLGlobe Life Inc.
$157.18$12.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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GL logo

Globe Life Inc.

GL
NYSE · Life & Annuity Insurers
$157.18
At close - Nov 6, 4:00 PM EST - USD
Market Cap$12.2B
P/E10.4x
52W High$191.55
Volume475.44K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Steady Premium Growth Meets Volatile Claims Pressure at Globe Life

Globe Life's revenue growth has moderated from 8.6% in Q2 2024 to 5.5% in Q3 2026, suggesting top-line momentum is slowing even as the premium base remains large at roughly $1.5B to $1.6B per quarter.

GrowthDecelerating
ProfitabilityModerate
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

GL price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-17% Peers

P/E is 17% below peer median

03

Market leadership

RS 55 · Avg

Average momentum (RS Rating: 55)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Jan 21
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth has decelerated from 8.6% to 5.5% while the combined ratio ranged from 68.5% to 139.4%, indicating that reported profitability is dominated by claims volatility rather than steady underlying margin expansion.

Analyst Consensus+11.1% target
Hold(28 analysts)
9 Buy12 Hold7 Sell

The Bull Case

Upside Catalysts

Strong Financial Performance

Globe Life has demonstrated consistent revenue and earnings growth, reporting $5.99 billion in revenue for 2025, a 3.74% increase from the previous year, and earnings rising by 8.45% to $1.16 billion. Recent earnings calls have highlighted double-digit net operating income growth and robust investment income.

Positive Analyst Sentiment

The majority of Wall Street analysts have a positive outlook on GL stock, with a consensus rating of 'Buy' or 'Strong Buy.' Several analysts have raised their price targets, citing strong earnings and raised guidance.

Projected Premium Growth

The company anticipates continued premium growth in 2026, with life premiums projected to increase by 3%-3.5% and health premiums by 14%-17%. This growth is supported by a projected 10% increase in leads for its exclusive agencies.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
GL+14.46%
S&P 500 (^GSPC)+7.63%
1-Year Return
GL+20.19%
S&P 500 (^GSPC)+9.69%
3-Year Return
GL+38.25%
S&P 500 (^GSPC)+66.78%
5-Year Return
GL+72.72%
S&P 500 (^GSPC)+54.82%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
10.4x
Forward P/EExpansion
10.1x
EV/EBITDA100th %ile
24.6x
FCF YieldCash Flow
10.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
10.4x
12.1x
40th· Fair
EV/EBITDA
24.6x
8.7x
100th· High
Price/FCF
9.1x
8.2x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$176.26+12.1%
Base (Fair)$338.20+115.2%
Bull$561.39+257.2%
$176.26 Bear$338.20 Base$561.39 Bull
Current Market Price: $157.18
Trades at a 53.5% discount to Base DCF ($338.20)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$6B+3.8% YoY
Net income FY25
$1.16B+8.4% YoY
Free cash flow FY25
$1.25B-5.8% YoY
Operating margin FY25
24.4%+1.4 pts YoY
ROIC (FY25)13.4%
Avg ROIC 5Y12.1%
ROE (TTM)19.1%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate3/12 (25%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 21, 2026
$4.84-1.2%
vs $4.90
$1.6B+2.2%
vs $1.6B
Q3 2026
Jul 22, 2026
$3.61-1.6%
vs $3.67
$1.6B+0.6%
vs $1.6B
Q2 2026
Apr 22, 2026
$3.43-1.2%
vs $3.47
$1.6B-0.3%
vs $1.6B
Q1 2026
Feb 4, 2026
$3.39-1.5%
vs $3.44
$1.5B-0.8%
vs $1.5B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
PRNewsWire·Oct 27, 2026
Did Globe Life Inc. Insiders Breach their Fiduciary Duties to Shareholders?

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Defense World·Oct 27, 2026
Globe Life (NYSE:GL) EVP Michael Clay Majors Sells 14,377 Shares of Stock

Globe Life Inc. (NYSE: GL - Get Free Report) EVP Michael Majors sold 14,377 shares of the firm's stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $154.48, for a total transaction of $2,220,958.96. Following the sale, the executive vice president owned 39,141 shares in the

247 Wallst·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

A wild Thursday saw Treasury yields crater, oil surge past $111, crypto liquidations top $431 million, and Meta's cash flow surprise rattle markets. Now analysts are reshuffling their calls on some of the week's most closely watched names.

GuruFocus·Oct 23, 2026
Globe Life Inc (GL) Q3 2026 Earnings Call Highlights: Premium Growth and Buybacks Offset Margin Pressures

Net Income: $361 million, or $4.62 per share, down 2% from $4.73 per share a year ago.Net Operating Income: $379 million, or $4.84 per share, up 1% from $4.81 p

Filtered for Globe Life Inc.More Headlines
04

Compare before deciding

Benchmark GL against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Globe Life Inc. (GL)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
GL logoGLGlobe Life Inc.Current
$157.18$12.2B10.373.82%18.88%19.09%0.68%
CNO logoCNOCNO Financial Group, Inc.
$55.45$5.18B12.520.94%9.19%16.62%1.22%
FGL logoFGLFounder Group Limited
$1.15$5.07K-0.0033.6%———
CRBG logoCRBGCorebridge Financial, Inc.
$34.09$15.2B6.9110.03%15.42%19.93%2.78%
LNC logoLNCLincoln National Corporation
$40.05$7.66B2.381.24%16.36%31.63%4.36%
GNW logoGNWGenworth Financial, Inc.
$8.70$3.33B59.39-10.86%0.8%0.56%—

Compare GL vs Peers

Globe Life Inc. (GL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CNO

Most directly comparable listed peer for GL.

Scale Benchmark

vs MRSH

Larger-name benchmark to compare GL against a more recognizable public peer.

Peer Set

Compare Top 5

vs CNO, FGL, CRBG, LNC

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

GL SEC Filings & Documents

Globe Life Inc. (GL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 21, 2026·SEC

Material company update

Aug 7, 2026·SEC

Material company update

Jul 22, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 5, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 5, 2025·SEC

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GL Frequently Asked Questions

Globe Life Inc. (GL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Globe Life Inc. growing?

Globe Life Inc. (GL) grew revenue by 5.7% over the trailing twelve months, compared with the twelve months before.

Is GL profitable?

Yes. Globe Life Inc. (GL) earned $1.19B in net income over the trailing twelve months (a 18.9% net margin).

Dividend & Returns
Does GL pay dividends?

Yes. Globe Life Inc. (GL) pays a dividend that yields 0.68% at the current price, a small yield.

What is GL's return on equity?

Globe Life Inc. (GL) had a return on equity (ROE) of 19.1% over the trailing twelve months. That is above the market's typical 10-15%.

Industry Metrics
What is Globe Life Inc.'s combined ratio?

Globe Life Inc. (GL) has a combined ratio of 75.6%. A ratio below 100% indicates underwriting profitability.

What if you invested $1,000 in GL back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →