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Globe Life GL United American — At current discount rates

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VOYABusinesses Exited — Current discount rate
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PRUTerm Life — Discounted expected future gross premiums (at current discount rate)
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PRURetirement — Discounted expected future gross premiums (at current discount rate)
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METFixed Annuity — Discounted - Expected future benefit payments (at current discount rate at balance sheet date)
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PRUTerm Life — Weighted-average interest rate (at current discount rate)
5.5%+0.1pp

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 us-gaap:LiabilityForFuturePolicyBenefitWeightedAverageDuration.

The source filing: Globe Life’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 4:32 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000320335-26-000169

FAQ

What is Globe Life's united american — at current discount rates?
Globe Life (GL) reported united american — at current discount rates of 0% in Q1 2026.
What does united american — at current discount rates mean?
This metric represents the valuation of future policy benefit liabilities calculated using the current market discount rates. It reflects the economic reality of the liabilities based on current interest rate environments. Comparing this to the valuation at original rates reveals the sensitivity of the company's balance sheet to interest rate movements.

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