What is Globe Life's allowance for credit losses?

Globe Life (GL) reported allowance for credit losses of $3.3M in Q1 2026.

How has Globe Life's allowance for credit losses changed year-over-year?

Globe Life's allowance for credit losses decreased by 68.2% year-over-year, from $10.36M to $3.3M.

What is the long-term trend for Globe Life's allowance for credit losses?

Over 5 years (2020 to 2025), Globe Life's allowance for credit losses has grown at a -0.3% compound annual growth rate (CAGR), from $3.35M to $3.3M.

Globe Life GL Allowance for credit losses

Allowance for credit losses at other companies

American Financial GroupAFG

$26M-36.6%

American International GroupAIG

$37.71B-0.2%

Corebridge FinancialCRBG

——

Fidelity National FinancialFNF

——

AssurantAIZ

——

Cincinnati FinancialCINF

——

Other financials

Income statement

See full

Revenue$1.6B+5.3%

Net income$270.5M+6.3%

EPS (diluted)$3.39+12.6%

Balance sheet

See full

Cash & equivalents$255.2M+9.9%

Total debt$3.2B-1.3%

Total equity$6.1B+12.1%

Total assets$31.0B+4.2%

Cash flow

See full

Operating cash flow$420.9M-2.5%

CapEx$24.9M+112%

Free cash flow$396.0M-5.7%

Valuation

See full

Market cap$13.26B-0.4%

Enterprise value$16.24B-0.8%

P/E11.3×-1.2×

P/S2.2×-0.1×

Profitability

See full

Net margin19.4%+1.0pp

FCF margin20.2%-3.9pp

Returns & leverage

See full

Return on equity20.5%0.0pp

Debt / equity0.5×-0.1×

Where this comes from

Reported directly by Globe Life in its filing.

Tagged under the XBRL concept us-gaap:DebtSecuritiesAvailableForSaleAllowanceForCreditLoss.

The official record: Globe Life’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Globe Life's allowance for credit losses.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Globe Life's allowance for credit losses?: Globe Life (GL) reported allowance for credit losses of $3.3M in Q1 2026.
How has Globe Life's allowance for credit losses changed year-over-year?: Globe Life's allowance for credit losses decreased by 68.2% year-over-year, from $10.36M to $3.3M.
What is the long-term trend for Globe Life's allowance for credit losses?: Over 5 years (2020 to 2025), Globe Life's allowance for credit losses has grown at a -0.3% compound annual growth rate (CAGR), from $3.35M to $3.3M.