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Globe Life GL Liberty National — Current discount rate

Other product segments

American Income
10.8%+2.9%
Other
5.5%
Family Heritage
5.4%+3.8%
United American
5.3%+3.9%

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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 liberty national — current discount rate?
Globe Life (GL) reported liberty national — current discount rate of 11% in Q1 2026.
How has Globe Life's liberty national — current discount rate changed year-over-year?
Globe Life's liberty national — current discount rate increased by 2.8% year-over-year, from 10.7% to 11%.
What is the long-term trend for Globe Life's liberty national — current discount rate?
Over 3 years (2022 to 2025), Globe Life's liberty national — current discount rate has grown at a 4.0% compound annual growth rate (CAGR), from 37.8% to 42.5%.
What does liberty national — current discount rate mean?
The current discount rate is the market-based interest rate used to remeasure the present value of future policy benefits at the current reporting date. Unlike the original discount rate, this fluctuates based on prevailing market interest rates. It is a critical driver of volatility in the reported liability for long-duration insurance contracts.

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