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Globe Life GL Life — Liability for Future Policy Benefit, Interest Expense

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Other financials

Income statement

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Revenue$1.6B+5.3%
Net income$270.5M+6.3%
EPS (diluted)$3.39+12.6%

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$13.26B-0.4%
Enterprise value$16.24B-0.8%
P/E11.3×-1.2×
P/S2.2×-0.1×

Profitability

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Net margin19.4%+1.0pp
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:LiabilityForFuturePolicyBenefitInterestExpense.

The official record: Globe Life’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globe Life's life — liability for future policy benefit, interest expense?
Globe Life (GL) reported life — liability for future policy benefit, interest expense of $204.36M in Q1 2026.
How has Globe Life's life — liability for future policy benefit, interest expense changed year-over-year?
Globe Life's life — liability for future policy benefit, interest expense increased by 4.1% year-over-year, from $196.29M to $204.36M.
What is the long-term trend for Globe Life's life — liability for future policy benefit, interest expense?
Over 4 years (2021 to 2025), Globe Life's life — liability for future policy benefit, interest expense has grown at a 4.9% compound annual growth rate (CAGR), from $658.58M to $796.99M.
What does life — liability for future policy benefit, interest expense mean?
The interest cost added to insurance reserves as they grow over time.
How do you interpret life — liability for future policy benefit, interest expense?
Higher interest expense is expected as the reserve base grows, but it must be balanced against the investment income generated by the assets backing those reserves.
How does life — liability for future policy benefit, interest expense compare across companies?
Often referred to as 'Interest Accretion on Reserves' or 'Accretion Expense' in insurance accounting.