GL
Globe Life Inc.
GL's fundamentals are mixed: revenue grew 5.6%, while its operating margin held steady at 23%. At 11x earnings, it's trading below its usual 13x. Analysts expect earnings to hold roughly steady.
GL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
GL's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like GL.
GL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.9x | $148 | -7.4% |
| Forward | 10x | $160 | — |
| Current | 11x | $160 | — |
| Fair | 13x | $187 | +17% |
| Expensive | 14x | $216 | +35% |
Historical ranges are pointers, not guarantees.
GL's PE is in its cheap range at 11x. On analysts' estimates for next year's earnings, today's price would be 10x.
GL Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect GL's revenue to grow, but its profitability to weaken.
GL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $15.97 | +6.9% |
| Q3 2026 | $14.94 | +8.3% |
| Q2 2026 | $15.05 | +20% |
| Q1 2026 | $14.45 | +18% |
| Q4 2025 | $14.07 | +18% |
| Q3 2025 | $13.79 | +17% |
| Q2 2025 | $12.50 | +13% |
| Q1 2025 | $12.28 | +17% |
| Q4 2024 | $11.94 | +18% |
GL's earnings per share have climbed steadily: $14.94 over the past year, up 8.3% from the year before, and higher year over year for 16 quarters in a row.
GL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.6B | +5.5% |
| Q2 2026 | $1.6B | +8% |
| Q1 2026 | $1.6B | +5.3% |
| Q4 2025 | $1.5B | +3.6% |
| Q3 2025 | $1.5B | +4% |
| Q2 2025 | $1.5B | +2.8% |
| Q1 2025 | $1.5B | +4.5% |
| Q4 2024 | $1.5B | +3.6% |
GL's revenue has grown year over year every quarter since late 2020: $1.6B last quarter, up 5.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 28% | -3.9 points |
| Q2 2026 | 22% | +1 points |
| Q1 2026 | 21% | +0.1 points |
| Q4 2025 | 22% | +0.4 points |
| Q3 2025 | 32% | +5.2 points |
| Q2 2025 | 21% | -2.4 points |
| Q1 2025 | 21% | -1.8 points |
| Q4 2024 | 21% | -1.8 points |
GL's operating margin was 28% last quarter, down 3.9 points from the same quarter a year ago, near the top of its range since 2019.
GL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $310.8M | +49% |
| Q2 2026 | $297.6M | +0.9% |
| Q1 2026 | $396M | -5.7% |
| Q4 2025 | $330.1M | +2.5% |
| Q3 2025 | $208.7M | -33% |
| Q2 2025 | $295M | -17% |
| Q1 2025 | $420.1M | +23% |
| Q4 2024 | $321.9M | -15% |
GL's free cash flow was $1.3B over the past year, up 7.1% from the year before. Free cash flow isn't a meaningful measure for financial services companies like GL.
GL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -685K shares |
| 1 year | -4.6% | -3.8M shares |
| 3 years | -18% | -17.6M shares |
| 5 years | -24% | -24.2M shares |
| Available history | -30% | -33.2M shares |
GL has 78M diluted shares, down 4.6% from a year ago, with $925M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $218M |
| Q2 2026 | $274.7M |
| Q1 2026 | $240.5M |
| Q4 2025 | $192.3M |
| Q3 2025 | $173.9M |
| Q2 2025 | $250.3M |
| Q1 2025 | $264.5M |
| Q4 2024 | $51.7M |
GL spent $925M buying back its own shares over the past year, up 25% from the year before.
GL Net Leverage
GL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.4 | Neutral |
| Stochastic | 13.7 | Oversold |
GL's weekly RSI is 46 (neutral) and its Stochastic is 14 (oversold).
GL PE vs Financial Services Sector
| Metric | GL | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 18% below |
| PE % | 29 | 63 | 34 pts below |
GL is trading at 11x earnings, a 18% discount to the Financial Services sector's median of 13x.
GL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $162.1 | 1.2% below |
| 20 week MA | $171.2 | 6.5% below |
| 50 week MA | $156.9 | 2.1% above |
| 100 week MA | $141.9 | 13% above |
| 200 week MA | $124.6 | 28% above |
GL has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 28% above its 200-week average.
GL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $105.9 | $92.9 | -12% |
| 2021 | $92.9 | $92.7 | -0.2% |
| 2022 | $92.7 | $120.1 | +30% |
| 2023 | $120.1 | $121.7 | +1.3% |
| 2024 | $121.7 | $109.5 | -10% |
| 2025 | $109.5 | $142.2 | +30% |
| 2026 YTD | $142.2 | $160.1 | +13% |
GL has finished lower in three of the last six years. It's up 13% so far in 2026.