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Globe Life GL Investment — Required interest on reserves

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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:RequiredInterestOnPolicyReserves.

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
Total consolidated revenue$1,559,619
Expenses:
Policy obligations(1)518,850263,7345,546788,130
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

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's investment — required interest on reserves?
Globe Life (GL) reported investment — required interest on reserves of $247.62M in Q1 2026.
How has Globe Life's investment — required interest on reserves changed year-over-year?
Globe Life's investment — required interest on reserves increased by 3.5% year-over-year, from $239.35M to $247.62M.
What is the long-term trend for Globe Life's investment — required interest on reserves?
Over 4 years (2021 to 2025), Globe Life's investment — required interest on reserves has grown at a 3.2% compound annual growth rate (CAGR), from -$855.47M to $969.39M.
What does investment — required interest on reserves mean?
The interest expense accrued on policy reserves, representing the minimum return the company must earn on its invested assets to meet future policyholder obligations. This is a critical benchmark for the adequacy of investment returns.

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