Globe Life Inc. (GL) Current Ratio: 9.66
Is Globe Life Inc.’s current ratio high or low?
Globe Life Inc.'s current ratio of 9.66 is in line with its 4-year average of 9.76, around the middle of its 4-year range (8.15–10.83).
As of Saturday, June 20, 2026. 0.94% above its 12-month average of 9.57.
GL Current Ratio Chart
GL Average Current Ratio Chart
GL Current vs Average Current Ratio Chart
GL Current Ratio Metrics
CURRENT RATIO
9.66
CURRENT RATIO AVG TTM
9.57
CURRENT RATIO AVG 3Y
10.16
CURRENT RATIO AVG 5Y
N/A
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.94%
CURRENT VS 3Y AVG
-4.90%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
GL Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Globe Life Inc. (GL) | $13.26B | 9.66 | 9.57 | 10.16 | N/A |
| Assurant, Inc. (AIZ)vs › | $12.88B | 0.55 | 0.67 | 0.66 | 0.69 |
| Global Payments Inc. (GPN)vs › | $15.83B | 1.69 | 1.33 | 1.14 | 1.11 |
| Franklin Resources, Inc. (BEN)vs › | $17.17B | 2.71 | 2.98 | 3.45 | 3.38 |
| FactSet Research Systems Inc. (FDS)vs › | $8.06B | 1.40 | 1.32 | 1.56 | 2.04 |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.12B | 0.84 | 1.07 | 1.20 | 1.22 |
| Brown & Brown, Inc. (BRO)vs › | $20.03B | 1.04 | 1.07 | 1.07 | 1.13 |
| Circle Internet Group (CRCL)vs › | $21.44B | 1.03 | 1.03 | 1.03 | 1.02 |
| Main Street Capital Corporation (MAIN)vs › | $4.74B | 449.84 | 226.86 | 114.79 | 77.09 |
| Loews Corporation (L)vs › | $22.07B | 0.48 | 0.48 | 3.87 | 67.30 |
Liquidity Analysis
Current Ratio
9.66
Quick Ratio
9.66
Globe Life Inc. Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Globe Life Inc. Current Ratio FAQ
- What is the current ratio for Globe Life Inc. (GL)?
- The current ratio for GL stock is 9.66.
- Is Globe Life Inc.'s current ratio high or low?
- Globe Life Inc.'s current ratio of 9.66 is in line with its 4-year average of 9.76, around the middle of its 4-year range (8.15–10.83).
- What is the TTM average current ratio for Globe Life Inc. (GL)?
- The TTM average current ratio for GL stock is 9.57.
- What is the 3Y average current ratio for Globe Life Inc. (GL)?
- The 3Y average current ratio for GL stock is 10.16.
Globe Life Inc. Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 9.66 |
| 2024-12-31 | 9.48 |
| 2023-12-31 | 10.83 |
| 2022-12-31 | 10.66 |
| 2021-12-31 | 8.15 |
Related Metrics
About Globe Life Inc.
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.
- Sector
- Financial Services
- Industry
- Insurance - Life
- CEO
- Frank Martin Svoboda