Skip to content
Screener

Globe Life GL Life — Effect of changes in discount rate assumptions

Similar metrics at other companies

General Electric logo
GELife — Effect of changes in discount rate assumptions
$92M+188%
Chubb logo
CBSegment Life — Effect of changes in discount rate assumptions
-$449M-1,648%
Chubb logo
CBSegment Life — Effect of changes in discount rate assumptions
-$498M-172%
Genworth Financial logo
GNWLife insurance — Effect of changes in discount rate assumptions
$45M-48.3%
Aflac logo
AFLLife insurance — Effect of changes in discount rate assumptions
-$390M-222%
Horace Mann Educators logo
HMNTerm Life — Effect of changes in discount rate assumptions
-$16.8M+16.4%

Other financials

Income statement

See full
Revenue$1.6B+8.0%
Net income$287.7M+13.8%
EPS (diluted)$3.65+19.7%

Balance sheet

See full
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

See full
Operating cash flow$420.9M-2.5%
CapEx$24.9M+112%
Free cash flow$396.0M-5.7%

Valuation

See full
Market cap$14.28B+22.5%
Enterprise value$17.26B-0.8%
P/E11.8×+0.8×
P/S2.3×+0.3×

Profitability

See full
Net margin19.6%+1.5pp
FCF margin20.2%-3.9pp

Returns & leverage

See full
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:LiabilityForFuturePolicyBenefitEffectOfChangesInDiscountRateAssumptions.

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 itemLife / American IncomeLife / DTCLife / Liberty NationalLife / OtherLife / Total
Net liability for future policy benefits at original discount rates$5,290,581$3,343,253$2,311,295$3,252,723$14,197,852
Effect of changes in discount rate assumptions229,574284,1399,459310,822833,994
Other adjustments(1)204214133452
Net liability for future policy benefits, after other adjustments, at current discount rates5,520,3593,627,6062,320,7553,563,57815,032,298
Reinsurance recoverable(195)(8,162)(12)(8,369)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates$5,520,164$3,627,606$2,312,593$3,563,566$15,023,929

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's life — effect of changes in discount rate assumptions?
Globe Life (GL) reported life — effect of changes in discount rate assumptions of $833.99M in Q1 2026.
How has Globe Life's life — effect of changes in discount rate assumptions changed year-over-year?
Globe Life's life — effect of changes in discount rate assumptions decreased by 31.9% year-over-year, from $1.23B to $833.99M.
What is the long-term trend for Globe Life's life — effect of changes in discount rate assumptions?
Over 3 years (2022 to 2025), Globe Life's life — effect of changes in discount rate assumptions has grown at a -25.7% compound annual growth rate (CAGR), from $12.29B to $5.04B.
What does life — effect of changes in discount rate assumptions mean?
The financial impact resulting from updates to the discount rate assumptions used to value future policy benefit liabilities. This metric isolates the effect of market interest rate movements on the company's balance sheet.

Ask your AI about Globe Life's life — effect of changes in discount rate assumptions.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude