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Globe Life GL American Income — Current discount rate

Other product segments

Liberty National
11%+2.8%
Other
5.5%
Family Heritage
5.4%+3.8%
United American
5.3%+3.9%

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JXNPayout Annuities — Current discount rate
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FNFImmediate annuities — Current discount rate
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FNFTraditional Life — Current discount rate
5.1%-0.1pp

Other financials

Income statement

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Revenue$1.6B+8.0%
Net income$287.7M+13.8%
EPS (diluted)$3.65+19.7%

Balance sheet

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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

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Operating cash flow$420.9M-2.5%
CapEx$24.9M+112%
Free cash flow$396.0M-5.7%

Valuation

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Market cap$14.28B+22.5%
Enterprise value$17.26B-0.8%
P/E11.8×+0.8×
P/S2.3×+0.3×

Profitability

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Net margin19.6%+1.5pp
FCF margin20.2%-3.9pp

Returns & leverage

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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:LiabilityForFuturePolicyBenefitCurrentWeightedAverageDiscountRate.

The source filing: Globe Life’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:32 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000320335-26-000169
Line itemAs of March 31, 2026 / Original discount rateAs of March 31, 2026 / Current discount rateAs of March 31, 2025 / Original discount rateAs of March 31, 2025 / Current discount rate
Life
American Income5.7%5.5%5.7%5.4%
Direct to Consumer6.0%5.6%5.9%5.4%
Liberty National5.6%5.6%5.6%5.4%
Other6.2%5.6%6.2%5.5%
Health
United American5.1%5.3%5.1%5.1%
Family Heritage4.2%5.4%4.2%5.2%

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's american income — current discount rate?
Globe Life (GL) reported american income — current discount rate of 10.8% in Q1 2026.
How has Globe Life's american income — current discount rate changed year-over-year?
Globe Life's american income — current discount rate increased by 2.9% year-over-year, from 10.5% to 10.8%.
What is the long-term trend for Globe Life's american income — current discount rate?
Over 3 years (2022 to 2025), Globe Life's american income — current discount rate has grown at a 3.6% compound annual growth rate (CAGR), from 37.9% to 42.1%.
What does american income — current discount rate mean?
The current market-based interest rate used to remeasure the liability for future policy benefits at the reporting date. Changes in this rate directly impact the remeasurement gains or losses in the income statement.

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