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Globe Life GL Income Tax

Income Tax at other companies

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$129M-37.7%
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$48M+11.6%
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$2.14B+350%
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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 us-gaap:IncomeTaxExpenseBenefit.

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 income tax?
Globe Life (GL) reported income tax of $63.61M in Q1 2026.
How has Globe Life's income tax changed year-over-year?
Globe Life's income tax increased by 3.4% year-over-year, from $61.52M to $63.61M.
What is the long-term trend for Globe Life's income tax?
Over 4 years (2021 to 2025), Globe Life's income tax has grown at a 3.1% compound annual growth rate (CAGR), from $243.5M to $274.74M.
What does income tax mean?
The total amount of income tax the company is required to pay for the period.
How do you interpret income tax?
Significant fluctuations may indicate changes in tax legislation, tax planning effectiveness, or shifts in the geographic mix of earnings.
How does income tax compare across companies?
Varies significantly based on the company's tax jurisdiction and specific tax credit utilization compared to industry peers.