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Globe Life GL Life — Premium taxes

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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 gl:PremiumTaxes.

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 itemLifeHealthInvestmentConsolidated
Required interest on reserves(216,538)(28,882)247,6242,204
Amortization of acquisition costs102,69415,588118,282
Commissions43,54747,44590,992
Premium taxes17,7738,22325,996
Non-deferred acquisition costs37,82116,29654,117
Segment profit or (loss)$349,058$94,504$36,654480,216
Insurance administrative expenses:
Salaries35,379

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's life — premium taxes?
Globe Life (GL) reported life — premium taxes of $17.77M in Q1 2026.
How has Globe Life's life — premium taxes changed year-over-year?
Globe Life's life — premium taxes decreased by 1.3% year-over-year, from $18.01M to $17.77M.
What is the long-term trend for Globe Life's life — premium taxes?
Over 3 years (2022 to 2025), Globe Life's life — premium taxes has grown at a 3.4% compound annual growth rate (CAGR), from $61.61M to $68.13M.
What does life — premium taxes mean?
Taxes levied by state or local governments on the gross premiums collected by the insurance company. These are mandatory regulatory costs associated with operating in specific jurisdictions.

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