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Globe Life Inc. (GL)
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Globe Life Inc. (GL) Enterprise Value (EV): $15.74B

The enterprise value (EV) for Globe Life Inc. (GL) is $15.74B as of Friday, June 19, 2026.

GL Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$15.74B

Enterprise Value Calculation

Market Cap

$13.26B

+

Total Debt

$2.63B

Cash

$144.70M

=

Enterprise Value

$15.74B

EV-Based Valuation Multiples

EV/EBITDA

Not meaningful

EV/Sales

Not meaningful

EV/FCF

Not meaningful

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Globe Life Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Globe Life Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Globe Life Inc. (GL)?
The enterprise value (EV) for GL stock is $15.74B.

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.

McKinney, TX
3,732 employees
Financial Services / Insurance - Life
Sector
Financial Services
Industry
Insurance - Life
CEO
Frank Martin Svoboda