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Globe Life GL Health — Liability for Future Policy Benefit, Interest Expense

Other segment segments

Life
$204.36M+4.1%

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UNMGroup Disability — Liability for Future Policy Benefit, Interest Expense
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$23.4M-1.7%

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:LiabilityForFuturePolicyBenefitInterestExpense.

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 itemHealth / Three Months Ended March 31, 2026 / Gross PremiumsHealth / Three Months Ended March 31, 2026 / Interest ExpenseHealth / Three Months Ended March 31, 2025 / Gross PremiumsHealth / Three Months Ended March 31, 2025 / Interest Expense
United American$139,041$420$116,396$1,049
Family Heritage123,13920,558112,35419,116
Liberty National47,4316,08347,7536,355
American Income29,8011,95129,7541,812
Direct to Consumer5,0414,136
Total$344,453$29,012$310,393$28,332

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's health — liability for future policy benefit, interest expense?
Globe Life (GL) reported health — liability for future policy benefit, interest expense of $29.01M in Q1 2026.
How has Globe Life's health — liability for future policy benefit, interest expense changed year-over-year?
Globe Life's health — liability for future policy benefit, interest expense increased by 2.4% year-over-year, from $28.33M to $29.01M.
What is the long-term trend for Globe Life's health — liability for future policy benefit, interest expense?
Over 4 years (2021 to 2025), Globe Life's health — liability for future policy benefit, interest expense has grown at a 3.8% compound annual growth rate (CAGR), from $98.46M to $114.15M.
What does health — liability for future policy benefit, interest expense mean?
This represents the interest expense accrued on the reserves held for future policy benefits within the health segment. It reflects the unwinding of the discount on the liability, representing the cost of carrying these long-term obligations over time. Investors monitor this to understand the impact of interest rate assumptions on the segment's overall profitability.

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