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Globe Life GL Life — PV of expected future net 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:LiabilityForFuturePolicyBenefitExpectedNetPremiumNotDiscountedBeforeCashFlowAndReinsurance.

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 net premiums, not discounted?
Globe Life (GL) reported life — PV of expected future net premiums, not discounted of $21.03B in Q1 2026.
How has Globe Life's life — PV of expected future net premiums, not discounted changed year-over-year?
Globe Life's life — PV of expected future net premiums, not discounted decreased by 2.4% year-over-year, from $21.56B to $21.03B.
What is the long-term trend for Globe Life's life — PV of expected future net premiums, not discounted?
Over 2 years (2023 to 2025), Globe Life's life — PV of expected future net premiums, not discounted has grown at a -0.3% compound annual growth rate (CAGR), from $85.81B to $85.3B.
What does life — PV of expected future net premiums, not discounted mean?
This represents the nominal sum of future net premiums (gross premiums minus specific deductions) expected to be collected. It provides a baseline for understanding the net cash flow potential before discounting for interest.

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