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Globe Life GL Health — Policy claims and other benefits payable

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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:LiabilityForClaimsAndClaimsAdjustmentExpense.

The source filing: Globe Life’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 5:20 PM EST
Fiscal year
FY2025
Accession
0000320335-26-000090
Line itemAt December 31, 2025 / LifeAt December 31, 2025 / HealthAt December 31, 2025 / InvestmentConsolidated
Future policy benefits$16,123,927$2,465,091$18,589,018
Unearned and advance premiums199,01171,652270,663
Policy claims and other benefits payable315,595225,237540,832
Debt2,625,4492,625,449
Other95,047437,000532,047
Total segment liabilities$16,733,580$2,761,980$3,062,44922,558,009
Annuity and other corporate2,281,104
Total liabilities$24,839,113

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Globe Life's health — policy claims and other benefits payable?
Globe Life (GL) reported health — policy claims and other benefits payable of $225.24M in Q4 2025.
How has Globe Life's health — policy claims and other benefits payable changed year-over-year?
Globe Life's health — policy claims and other benefits payable increased by 6.8% year-over-year, from $210.99M to $225.24M.
What does health — policy claims and other benefits payable mean?
The total amount of unpaid claims and benefits that have been incurred by policyholders but not yet settled by the company. This includes both reported claims and estimates for claims incurred but not yet reported (IBNR).

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