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Globe Life GL Investment — Premium taxes

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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 gl:PremiumTaxes.

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 itemLifeHealthInvestmentConsolidated
Required interest on reserves(216,538)(28,882)247,6242,204
Amortization of acquisition costs102,69415,588118,282
Commissions43,54747,44590,992
Premium taxes17,7738,22325,996
Non-deferred acquisition costs37,82116,29654,117
Segment profit or (loss)$349,058$94,504$36,654480,216
Insurance administrative expenses:
Salaries35,379

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's investment — premium taxes?
Globe Life (GL) reported investment — premium taxes of $0 in Q1 2026.
What does investment — premium taxes mean?
Taxes levied by state or local governments on the gross premiums collected by the insurance company. These are mandatory regulatory costs associated with the volume of insurance business written.

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