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Globe Life GL Liberty National — Policyholder benefits net of remeasurement gains (losses)

Other product segments

American Income
$7.72M+42.2%
Family Heritage
$2.56M+39.3%
United American
$1.92M+150%
Other
$1.18M

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$2M-50.0%
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PFGSegment Benefits And Protection — Liability For Future Policy Benefit Remeasurement Gain Loss
$2.3M+162%
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RGAInsurance, Other — Liability for Future Policy Benefit, Remeasurement Gain (Loss)
$1M+113%
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UNMCorporate — Liability for Future Policy Benefit, Remeasurement Gain (Loss)
$0
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METAsia — Liability for Future Policy Benefit, Remeasurement Gain (Loss)
$15M+25.0%
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METEMEA — Liability for Future Policy Benefit, Remeasurement Gain (Loss)
$5M+225%

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:LiabilityForFuturePolicyBenefitRemeasurementGainLoss.

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

(1) Net of total remeasurement gain of $18.9 million before tax for the three months ended March 31, 2026 and a total remeasurement gain of $8.5 million before tax for the same period in 2025.

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's liberty national — policyholder benefits net of remeasurement gains (losses)?
Globe Life (GL) reported liberty national — policyholder benefits net of remeasurement gains (losses) of $1.79M in Q1 2026.
How has Globe Life's liberty national — policyholder benefits net of remeasurement gains (losses) changed year-over-year?
Globe Life's liberty national — policyholder benefits net of remeasurement gains (losses) increased by 31.0% year-over-year, from $1.37M to $1.79M.
What is the long-term trend for Globe Life's liberty national — policyholder benefits net of remeasurement gains (losses)?
Over 3 years (2021 to 2025), Globe Life's liberty national — policyholder benefits net of remeasurement gains (losses) has grown at a 317.2% compound annual growth rate (CAGR), from -$561K to $40.73M.
What does liberty national — policyholder benefits net of remeasurement gains (losses) mean?
This metric captures the actual policyholder benefits incurred during the period, adjusted for gains or losses resulting from the remeasurement of long-duration insurance contracts. It provides a clearer view of the operational cost of claims by stripping out volatility caused by changes in discount rates or actuarial assumptions. It is essential for evaluating the underlying profitability of the insurance underwriting process.

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