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Globe Life GL United American — 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 itemHealth / United AmericanHealth / Family HeritageHealth / Liberty NationalHealth / American IncomeHealth / Direct to ConsumerHealth / Total
Net liability for future policy benefits at original discount rates1,8571,980,373428,053135,645(11,808)2,534,120
Effect of changes in discount rate assumptions(8,782)(225,029)14,1077,590(182)(212,296)
Other adjustments(1)77,59069415,57764712,553107,061
Net liability for future policy benefits, after other adjustments, at current discount rates70,6651,756,038457,737143,8825632,428,885
Reinsurance recoverable(1,976)(674)(2,650)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates$68,689$1,756,038$457,063$143,882$563$2,426,235

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's united american — other adjustments?
Globe Life (GL) reported united american — other adjustments of $77.59M in Q1 2026.
How has Globe Life's united american — other adjustments changed year-over-year?
Globe Life's united american — other adjustments increased by 124.4% year-over-year, from $34.57M to $77.59M.
What is the long-term trend for Globe Life's united american — other adjustments?
Over 2 years (2023 to 2025), Globe Life's united american — other adjustments has grown at a 162.3% compound annual growth rate (CAGR), from $28.79M to $198.14M.
What does united american — other adjustments mean?
Residual adjustments to the liability for future policy benefits that do not fall into standard categories like discount rate changes or cash flow updates. This captures miscellaneous actuarial refinements or model corrections.

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