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Globe Life GL United American — Policyholder benefits net of remeasurement gains (losses)

Other product segments

American Income
$7.72M+42.2%
Family Heritage
$2.56M+39.3%
Liberty National
$1.79M+31.0%
Other
$1.18M

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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 us-gaap:LiabilityForFuturePolicyBenefitRemeasurementGainLoss.

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 itemThree Months Ended March 31, 20262025
Total Life Remeasurement Gain (Loss)—Assumption Updates(1)
Total Life Remeasurement Gain (Loss)18,9408,525
Health Remeasurement Gain (Loss)—Experience:
United American1,923(3,820)
Family Heritage2,5581,836
Liberty National8341,183
American Income6561,249
Direct to Consumer45(4)

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's united american — policyholder benefits net of remeasurement gains (losses)?
Globe Life (GL) reported united american — policyholder benefits net of remeasurement gains (losses) of $1.92M in Q1 2026.
How has Globe Life's united american — policyholder benefits net of remeasurement gains (losses) changed year-over-year?
Globe Life's united american — policyholder benefits net of remeasurement gains (losses) increased by 150.3% year-over-year, from -$3.82M to $1.92M.
What is the long-term trend for Globe Life's united american — policyholder benefits net of remeasurement gains (losses)?
Over 3 years (2021 to 2025), Globe Life's united american — policyholder benefits net of remeasurement gains (losses) has grown at a -37.4% compound annual growth rate (CAGR), from -$2.34M to $576K.
What does united american — policyholder benefits net of remeasurement gains (losses) mean?
This metric captures the actual policyholder benefits incurred during the period, adjusted for remeasurement gains or losses resulting from changes in actuarial assumptions or discount rates. It provides a clearer view of the operational cost of claims by stripping out accounting volatility caused by market-driven remeasurements. This helps investors evaluate the underlying profitability of the insurance underwriting.

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