GLOBE LIFE INC (GL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GL - US37959E1029 - Common Stock
138.73 USD
+1.73 (+1.26%)
138.73 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to GL. GL was compared to 149 industry peers in the Insurance industry. While GL belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. GL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year GL was profitable.
- In the past year GL had a positive cash flow from operations.
- Each year in the past 5 years GL has been profitable.
- GL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of GL (3.77%) is better than 74.50% of its industry peers.
- Looking at the Return On Equity, with a value of 20.22%, GL belongs to the top of the industry, outperforming 87.92% of the companies in the same industry.
- GL has a Return On Invested Capital of 4.33%. This is in the better half of the industry: GL outperforms 72.48% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for GL is significantly below the industry average of 14.92%.
- The 3 year average ROIC (3.96%) for GL is below the current ROIC(4.33%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.77% | ||
| ROE | 20.22% | ||
| ROIC | 4.33% |
ROA(3y)3.53%
ROA(5y)3.31%
ROE(3y)21.49%
ROE(5y)16.95%
ROIC(3y)3.96%
ROIC(5y)3.76%
1.3 Margins
- GL has a better Profit Margin (19.36%) than 88.59% of its industry peers.
- In the last couple of years the Profit Margin of GL has grown nicely.
- GL has a Operating Margin of 26.76%. This is amongst the best in the industry. GL outperforms 89.26% of its industry peers.
- GL's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.76% | ||
| PM (TTM) | 19.36% | ||
| GM | N/A |
OM growth 3Y-1.67%
OM growth 5Y2.45%
PM growth 3Y-2.72%
PM growth 5Y1.98%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GL is destroying value.
- GL has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for GL has been reduced compared to 5 years ago.
- Compared to 1 year ago, GL has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.02, we must say that GL is in the distress zone and has some risk of bankruptcy.
- GL has a Altman-Z score of 1.02. This is in the better half of the industry: GL outperforms 79.19% of its industry peers.
- GL has a debt to FCF ratio of 2.18. This is a good value and a sign of high solvency as GL would need 2.18 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 2.18, GL perfoms like the industry average, outperforming 51.68% of the companies in the same industry.
- A Debt/Equity ratio of 0.48 indicates that GL is not too dependend on debt financing.
- GL's Debt to Equity ratio of 0.48 is on the low side compared to the rest of the industry. GL is outperformed by 66.44% of its industry peers.
- Although GL does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 2.18 | ||
| Altman-Z | 1.02 |
ROIC/WACC0.54
WACC8.03%
2.3 Liquidity
- A Current Ratio of 0.62 indicates that GL may have some problems paying its short term obligations.
- GL has a better Current ratio (0.62) than 75.84% of its industry peers.
- A Quick Ratio of 0.62 indicates that GL may have some problems paying its short term obligations.
- GL has a better Quick ratio (0.62) than 75.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 18.69% over the past year.
- The Earnings Per Share has been growing by 12.93% on average over the past years. This is quite good.
- Looking at the last year, GL shows a small growth in Revenue. The Revenue has grown by 3.73% in the last year.
- The Revenue has been growing slightly by 5.00% on average over the past years.
EPS 1Y (TTM)18.69%
EPS 3Y21.75%
EPS 5Y12.93%
EPS Q2Q%37.82%
Revenue 1Y (TTM)3.73%
Revenue growth 3Y4.1%
Revenue growth 5Y5%
Sales Q2Q%3.96%
3.2 Future
- GL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.00% yearly.
- Based on estimates for the next years, GL will show a small growth in Revenue. The Revenue will grow by 5.74% on average per year.
EPS Next Y21.3%
EPS Next 2Y11.8%
EPS Next 3Y11.05%
EPS Next 5Y10%
Revenue Next Year7.22%
Revenue Next 2Y6.28%
Revenue Next 3Y5.83%
Revenue Next 5Y5.74%
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- GL is valuated reasonably with a Price/Earnings ratio of 9.71.
- 65.10% of the companies in the same industry are more expensive than GL, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of GL to the average of the S&P500 Index (27.32), we can say GL is valued rather cheaply.
- A Price/Forward Earnings ratio of 8.97 indicates a reasonable valuation of GL.
- Based on the Price/Forward Earnings ratio, GL is valued a bit cheaper than the industry average as 63.09% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.30, GL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.71 | ||
| Fwd PE | 8.97 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, GL is valued a bit cheaper than the industry average as 67.79% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of GL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.87 | ||
| EV/EBITDA | 6.53 |
4.3 Compensation for Growth
- GL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- GL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.46
PEG (5Y)0.75
EPS Next 2Y11.8%
EPS Next 3Y11.05%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.77%, GL is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.53, GL is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.86, GL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
5.2 History
- The dividend of GL is nicely growing with an annual growth rate of 7.26%!
- GL has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.26%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- GL pays out 7.35% of its income as dividend. This is a sustainable payout ratio.
- The dividend of GL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP7.35%
EPS Next 2Y11.8%
EPS Next 3Y11.05%
138.73
+1.73 (+1.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)10-22 2025-10-22/amc
Earnings (Next)02-04 2026-02-04/amc
Inst Owners85.88%
Inst Owner Change0.13%
Ins Owners0.68%
Ins Owner Change1.05%
Market Cap11.04B
Revenue(TTM)5.94B
Net Income(TTM)1.15B
Analysts81.05
Price Target172.07 (24.03%)
Short Float %1.75%
Short Ratio2.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
Yearly Dividend0.96
Dividend Growth(5Y)7.26%
DP7.35%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-05 2026-01-05 (0.27)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.37%
Min EPS beat(2)-2.04%
Max EPS beat(2)2.79%
EPS beat(4)1
Avg EPS beat(4)-2.44%
Min EPS beat(4)-8.15%
Max EPS beat(4)2.79%
EPS beat(8)2
Avg EPS beat(8)-0.43%
EPS beat(12)3
Avg EPS beat(12)-0.49%
EPS beat(16)3
Avg EPS beat(16)-1.2%
Revenue beat(2)0
Avg Revenue beat(2)-3.88%
Min Revenue beat(2)-4.43%
Max Revenue beat(2)-3.32%
Revenue beat(4)0
Avg Revenue beat(4)-3.66%
Min Revenue beat(4)-4.43%
Max Revenue beat(4)-3.3%
Revenue beat(8)0
Avg Revenue beat(8)-3.38%
Revenue beat(12)0
Avg Revenue beat(12)-3.83%
Revenue beat(16)0
Avg Revenue beat(16)-3.86%
PT rev (1m)1.46%
PT rev (3m)4.33%
EPS NQ rev (1m)-0.08%
EPS NQ rev (3m)-3.53%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)1.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.38%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.71 | ||
| Fwd PE | 8.97 | ||
| P/S | 1.86 | ||
| P/FCF | 8.87 | ||
| P/OCF | 7.99 | ||
| P/B | 1.94 | ||
| P/tB | 2.12 | ||
| EV/EBITDA | 6.53 |
EPS(TTM)14.29
EY10.3%
EPS(NY)15.47
Fwd EY11.15%
FCF(TTM)15.65
FCFY11.28%
OCF(TTM)17.37
OCFY12.52%
SpS74.63
BVpS71.46
TBVpS65.3
PEG (NY)0.46
PEG (5Y)0.75
Graham Number151.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.77% | ||
| ROE | 20.22% | ||
| ROCE | 5.42% | ||
| ROIC | 4.33% | ||
| ROICexc | 4.37% | ||
| ROICexgc | 4.74% | ||
| OM | 26.76% | ||
| PM (TTM) | 19.36% | ||
| GM | N/A | ||
| FCFM | 20.97% |
ROA(3y)3.53%
ROA(5y)3.31%
ROE(3y)21.49%
ROE(5y)16.95%
ROIC(3y)3.96%
ROIC(5y)3.76%
ROICexc(3y)3.97%
ROICexc(5y)3.78%
ROICexgc(3y)4.24%
ROICexgc(5y)3.99%
ROCE(3y)4.95%
ROCE(5y)4.7%
ROICexgc growth 3Y2.76%
ROICexgc growth 5Y5.11%
ROICexc growth 3Y1.85%
ROICexc growth 5Y4.53%
OM growth 3Y-1.67%
OM growth 5Y2.45%
PM growth 3Y-2.72%
PM growth 5Y1.98%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 2.18 | ||
| Debt/EBITDA | 1.36 | ||
| Cap/Depr | 33.41% | ||
| Cap/Sales | 2.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.14% | ||
| Profit Quality | 108.29% | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 1.02 |
F-Score9
WACC8.03%
ROIC/WACC0.54
Cap/Depr(3y)11.62%
Cap/Depr(5y)9.69%
Cap/Sales(3y)0.89%
Cap/Sales(5y)0.86%
Profit Quality(3y)142.61%
Profit Quality(5y)151.92%
High Growth Momentum
Growth
EPS 1Y (TTM)18.69%
EPS 3Y21.75%
EPS 5Y12.93%
EPS Q2Q%37.82%
EPS Next Y21.3%
EPS Next 2Y11.8%
EPS Next 3Y11.05%
EPS Next 5Y10%
Revenue 1Y (TTM)3.73%
Revenue growth 3Y4.1%
Revenue growth 5Y5%
Sales Q2Q%3.96%
Revenue Next Year7.22%
Revenue Next 2Y6.28%
Revenue Next 3Y5.83%
Revenue Next 5Y5.74%
EBIT growth 1Y7.81%
EBIT growth 3Y2.36%
EBIT growth 5Y7.57%
EBIT Next Year11.26%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-12.16%
FCF growth 3Y-1.65%
FCF growth 5Y0.15%
OCF growth 1Y-5.48%
OCF growth 3Y-0.82%
OCF growth 5Y0.56%
GLOBE LIFE INC / GL FAQ
What is the fundamental rating for GL stock?
ChartMill assigns a fundamental rating of 5 / 10 to GL.
Can you provide the valuation status for GLOBE LIFE INC?
ChartMill assigns a valuation rating of 6 / 10 to GLOBE LIFE INC (GL). This can be considered as Fairly Valued.
Can you provide the profitability details for GLOBE LIFE INC?
GLOBE LIFE INC (GL) has a profitability rating of 7 / 10.
How financially healthy is GLOBE LIFE INC?
The financial health rating of GLOBE LIFE INC (GL) is 4 / 10.
What is the expected EPS growth for GLOBE LIFE INC (GL) stock?
The Earnings per Share (EPS) of GLOBE LIFE INC (GL) is expected to grow by 21.3% in the next year.