Reading the tape
NYSE: GL
Globe Life Inc.
Financial Services · Insurance - Life
Market Cap
$11.85B
52w High
$156.69
52w Low
$116.73
P/E
10.06
Volume
326.17K
Outstanding Shares
78.44M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: 24.62%Revenue (TTM): 4.03%FCF (TTM): -12.77%P/FCF: 100th pct
What changed
The stock rose 24.62% over the last year. Revenue grew 4.03% over the trailing twelve months. Operating margin moved from 22.73% to 24.92%. Free cash flow declined 12.77% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 24.92%. A decisive move in revenue — currently up 4.03% — would be the clearest signal to resolve the ambiguity.
Company profile
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States.
CEOFrank Martin Svoboda
SectorFinancial Services
IndustryInsurance - Life
Employees3,732
IPO dateOct 1, 1980
Valuation
Forward P/E—
EV/EBITDA8.66
Enterprise value$13.79B
Price / Book1.98
Stock splits
Jul 2, 2014↑ Forward
Every 2 shares became 3
May 15, 2013↓ Reverse
Every 10 shares became 1
May 3, 2013↓ Reverse
Every 6 shares became 5
Jul 5, 2011↑ Forward
Every 2 shares became 3
Aug 4, 1997↑ Forward
Every 1 shares became 2
Aug 20, 1992↑ Forward
Every 2 shares became 3
Sep 17, 1985↑ Forward
Every 1 shares became 2
May 30, 1984↑ Forward
Every 1 shares became 2
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth5.35%
Gross margin38.07%▲3.20%vs FY2024
Operating margin24.92%▲6.21%vs FY2024
ROE19.43%▼3.70%vs FY2024
Analyst consensus
RatingHold
Target price$171.25▲13.35%
10
Buy
11
Hold
7
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 22, 2026
Q3 FY26 · EPS est $3.68 · Revenue est $1.59B
View
Dividends
$1.20/shareQuarterlyDividend Achiever · 24yrSafeGL pays a dividend with a 0.79% declared yield, 24 consecutive years of growth, growing at 9.24% annually, covered 14.6× by free cash flow.
Declared Yield
0.79%
Annual Div / Share
$1.20
TTM $1.14
5yr CAGR
+9.24%
Doubles every ~7.8yr
Payout Ratio
7.41%
Safe
Dividend Growth Rate
3yr CAGR
+11.55%
5yr CAGR
+9.24%
10yr CAGR
+8.11%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$1.20+17.6%
2025$1.02+9.7%
2024$0.93+7.6%
2023$0.86+6.7%
2022$0.81+5.1%
2021$0.77+7.2%
2020$0.72+8.3%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$8/yr
$1/mo
In 5 yrs
$12/yr+56%
$1/mo
In 10 yrs
$19/yr+142%
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$8/yr $1/mo | $12/yr+56% $1/mo | $19/yr+142% $2/mo |
Yield-on-cost grows from 0.79% → 1.92% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
GL has raised its dividend for 24 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 14.6× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 9.24% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.