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Globe Life GL Other — Other adjustments

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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:LiabilityForFuturePolicyBenefitEffectOfOtherAdjustments.

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 / American IncomeLife / DTCLife / Liberty NationalLife / OtherLife / Total
Net liability for future policy benefits at original discount rates$5,290,581$3,343,253$2,311,295$3,252,723$14,197,852
Effect of changes in discount rate assumptions229,574284,1399,459310,822833,994
Other adjustments(1)204214133452
Net liability for future policy benefits, after other adjustments, at current discount rates5,520,3593,627,6062,320,7553,563,57815,032,298
Reinsurance recoverable(195)(8,162)(12)(8,369)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates$5,520,164$3,627,606$2,312,593$3,563,566$15,023,929

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's other — other adjustments?
Globe Life (GL) reported other — other adjustments of $33K in Q1 2026.
How has Globe Life's other — other adjustments changed year-over-year?
Globe Life's other — other adjustments decreased by 56.0% year-over-year, from $75K to $33K.
What is the long-term trend for Globe Life's other — other adjustments?
Over 2 years (2023 to 2025), Globe Life's other — other adjustments has grown at a -48.9% compound annual growth rate (CAGR), from $635K to $166K.
What does other — other adjustments mean?
This metric captures miscellaneous adjustments to the liability for future policy benefits that do not fall into standard categories like discount rate changes or cash flow updates. It acts as a catch-all for actuarial refinements, model updates, or specific accounting adjustments. Monitoring this helps identify non-recurring or idiosyncratic impacts on the segment's financial position.

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