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Globe Life GL Life — PV of expected future gross premiums, Not discounted

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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:LiabilityForFuturePolicyBenefitExpectedFutureGrossPremiumNotDiscountedBeforeCashFlowReinsurance.

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 / As of March 31, 2026 / Not discountedLife / As of March 31, 2026 / At original discount ratesLife / As of March 31, 2026 / At current discount ratesLife / As of March 31, 2025 / Not discountedLife / As of March 31, 2025 / At original discount ratesLife / As of March 31, 2025 / At current discount rates
Other
PV of expected future gross premiums$3,443,306$1,770,835$1,865,492$3,595,733$1,830,596$1,946,761
PV of expected future net premiums833,554406,978415,764877,282426,436440,270
PV of expected future policy benefits12,277,2503,659,7013,979,30912,457,6763,600,3224,009,979
Total
PV of expected future gross premiums$52,627,200$28,912,051$29,307,323$51,807,379$28,427,521$29,020,613
PV of expected future net premiums21,031,13611,428,49311,578,18321,556,45811,703,58311,942,125
PV of expected future policy benefits80,514,54325,626,34526,610,02979,842,92525,328,77326,792,472

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's life — PV of expected future gross premiums, not discounted?
Globe Life (GL) reported life — PV of expected future gross premiums, not discounted of $52.63B in Q1 2026.
How has Globe Life's life — PV of expected future gross premiums, not discounted changed year-over-year?
Globe Life's life — PV of expected future gross premiums, not discounted increased by 1.6% year-over-year, from $51.81B to $52.63B.
What is the long-term trend for Globe Life's life — PV of expected future gross premiums, not discounted?
Over 3 years (2022 to 2025), Globe Life's life — PV of expected future gross premiums, not discounted has grown at a 2.9% compound annual growth rate (CAGR), from $191.5B to $208.7B.
What does life — PV of expected future gross premiums, not discounted mean?
This represents the total nominal value of all future gross premiums expected to be collected over the life of the current insurance portfolio. It is not adjusted for the time value of money, providing a view of the total undiscounted cash inflow potential.

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