Globe Life Inc.GL

$170.76-0.49 (-0.29%)
NYSEFinancial Services24:00 UTC

Company snapshot

Market Cap
$14B
Large-cap
+61%
2016 — today
10-Year Price
+149%
2016 — today
52-Week Range
$117.60$171.25
Current $170.76· 99%

Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United States. The company's operations are structured into four key segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. Its offerings encompass whole life, term life, and other life protection plans; supplemental health benefits like Medicare supplements, critical illness, and accident policies; and both single-premium and flexible-premium deferred annuities. Founded in 1979 and headquartered in McKinney, Texas, the enterprise rebranded from Torchmark Corporation to Globe Life Inc. in August 2019.

Valuation in context

P/E ratio
11.8
Below average
Below the 10-year average
P/B ratio
2.2
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
10.0
Historically cheap
Historically cheap relative to the last 10 years
Dividend Yield
0.7%
Near historic low
Near historic low — last 10 years
PEG ratio
0.8
Below average
Below the 10-year average
FCF Yield
9.0%
Near historic low
Near historic low — last 10 years
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