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

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$29.01M+2.4%

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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 us-gaap:LiabilityForFuturePolicyBenefitInterestExpense.

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 / Three Months Ended March 31, 2026 / Gross PremiumsLife / Three Months Ended March 31, 2026 / Interest ExpenseLife / Three Months Ended March 31, 2025 / Gross PremiumsLife / Three Months Ended March 31, 2025 / Interest Expense
American Income$458,881$75,200$437,449$70,993
Direct to Consumer241,61149,008242,87046,967
Liberty National99,14431,18895,30031,049
Other49,36348,96749,91447,285
Total$848,999$204,363$825,533$196,294

Item 1. Condensed Consolidated Financial Statements

FAQ

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?
This is the interest cost accrued on the liability for future policy benefits, reflecting the time value of money. It represents the increase in the reserve balance due to the passage of time as the company approaches the expected payout date.

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