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Globe Life GL Life — Required interest on reserves

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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 gl:RequiredInterestOnPolicyReserves.

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 — required interest on reserves?
Globe Life (GL) reported life — required interest on reserves of -$216.54M in Q1 2026.
How has Globe Life's life — required interest on reserves changed year-over-year?
Globe Life's life — required interest on reserves decreased by 3.8% year-over-year, from -$208.54M to -$216.54M.
What is the long-term trend for Globe Life's life — required interest on reserves?
Over 4 years (2021 to 2025), Globe Life's life — required interest on reserves has grown at a 4.5% compound annual growth rate (CAGR), from $710.3M to -$845.88M.
What does life — required interest on reserves mean?
The interest expense accrued on the liability for future policy benefits, reflecting the time value of money. This represents the expected growth of reserves to meet future obligations based on the discount rates used in actuarial valuations.