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Globe Life GL Unearned premiums

Unearned premiums at other companies

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Segments

By segment

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Life$199.01M+0.4%
Health$71.65M+20.4%
Investment$0

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:UnearnedPremiums.

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 itemMarch 31,2026December 31, 2025
Total assets$30,965,851$30,813,692
Liabilities:
Future policy benefits at current discount rates: (at original discount rates: 2026—$18,304,438; 2025—$18,129,506)$18,934,135$19,169,687
Unearned and advance premium285,763270,663
Policy claims and other benefits payable548,528540,832
Other policyholders' funds576,452532,047
Total policy liabilities20,344,87820,513,229
Current and deferred income taxes904,986859,628

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's unearned premiums?
Globe Life (GL) reported unearned premiums of $285.76M in Q1 2026.
How has Globe Life's unearned premiums changed year-over-year?
Globe Life's unearned premiums increased by 4.3% year-over-year, from $273.89M to $285.76M.
What is the long-term trend for Globe Life's unearned premiums?
Over 5 years (2020 to 2025), Globe Life's unearned premiums has grown at a 2.1% compound annual growth rate (CAGR), from $243.61M to $270.66M.
What does unearned premiums mean?
Unearned premiums represent the portion of insurance premiums collected in advance that have not yet been earned by the company as revenue. Because insurance coverage is provided over time, this liability reflects the obligation to provide coverage for the remainder of the policy term. It is a key indicator of short-term business volume and future revenue recognition.

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