Globe Life Inc. (GL)

GL Balance Sheet

Assets, liabilities, and equity analysis

GL Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	1.456B	1.456B	19.090B	19.176B	18.684B	18.850B	18.367B	19.506B	24.985B
Cash & Cash Equivalents	255.209M	255.209M	144.704M	302.716M	239.122M	232.270M	165.325M	134.549M	87.914M
Short-Term Investments	183.790M	183.790M	17.904B	17.860B	17.482B	17.639B	17.240B	18.435B	17.714B
Cash & Short-Term Investments	438.999M	438.999M	18.049B	18.162B	17.721B	17.871B	17.405B	18.570B	17.801B
Accounts Receivable	727.521M	727.521M	1.041B	1.014B	962.375M	979.085M	961.698M	936.823M	922.739M
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	30.966B	30.966B	30.814B	30.528B	29.809B	29.705B	29.076B	29.557B	28.299B
Property, Plant & Equipment	0.00	0.00	370.000M	0.00	0.00	0.00	285.000M	0.00	0.00
Goodwill	490.446M	490.446M	490.446M	490.446M	490.446M	490.446M	490.446M	490.446M	481.791M
Intangible Assets	0.00	0.00	6.999B	6.872B	6.755B	6.624B	6.496B	6.387B	0.00
Long-Term Investments	20.225B	20.225B	2.566B	2.467B	2.443B	2.371B	2.332B	2.294B	1.994B
Total Current Liabilities	1.291B	1.291B	1.976B	1.985B	2.086B	2.105B	1.937B	1.852B	1.451B
Accounts Payable	0.00	0.00	540.832M	529.911M	532.179M	546.670M	532.832M	530.399M	0.00
Short-Term Debt	457.047M	457.047M	304.656M	394.349M	464.540M	476.891M	415.401M	437.418M	654.606M
Total Liabilities	24.881B	24.881B	24.839B	24.839B	24.390B	24.280B	23.771B	24.918B	23.071B
Long-Term Debt	2.322B	2.322B	2.321B	2.320B	2.326B	2.325B	2.324B	2.324B	1.630B
Total Debt	2.779B	2.779B	2.625B	2.714B	2.790B	2.802B	2.740B	2.761B	2.285B
Net Debt (Cash)	2.523B	2.523B	2.481B	2.412B	2.551B	2.570B	2.574B	2.627B	2.197B
Total Shareholders' Equity	6.085B	6.085B	5.975B	5.689B	5.419B	5.425B	5.306B	4.639B	5.228B
Common Stock	92.218M	92.218M	92.218M	97.218M	97.218M	97.218M	97.218M	102.218M	102.218M
Retained Earnings	8.786B	8.786B	8.547B	8.813B	8.454B	8.225B	8.003B	8.225B	7.943B
Current Ratio	1.13	1.13	9.66	9.66	8.96	8.95	9.48	10.53	17.22
Debt to Equity Ratio	0.46	0.46	0.44	0.48	0.51	0.52	0.52	0.60	0.44

GL Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	19.090B	18.367B	18.956B	17.559B	22.205B	0.00	0.00	0.00
Cash & Cash Equivalents	144.704M	165.325M	103.156M	92.559M	92.163M	94.847M	75.933M	121.026M
Short-Term Investments	17.904B	17.240B	17.952B	16.617B	21.374B	21.321B	18.945B	16.361B
Cash & Short-Term Investments	18.049B	17.405B	18.055B	16.710B	21.467B	21.416B	19.021B	16.482B
Accounts Receivable	1.041B	961.698M	900.619M	848.752M	738.750M	474.180M	441.662M	415.157M
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	30.814B	29.076B	28.051B	25.987B	29.768B	29.047B	25.977B	23.096B
Property, Plant & Equipment	370.000M	285.000M	240.000M	212.000M	205.000M	186.000M	161.000M	135.000M
Goodwill	490.446M	490.446M	481.791M	481.791M	481.791M	441.591M	441.591M	441.591M
Intangible Assets	6.999B	6.496B	6.009B	5.536B	4.915B	0.00	0.00	0.00
Long-Term Investments	2.566B	2.332B	1.772B	1.591B	1.384B	21.321B	18.945B	16.361B
Total Current Liabilities	1.976B	1.937B	1.750B	1.646B	2.723B	0.00	0.00	0.00
Accounts Payable	540.832M	532.832M	514.875M	509.356M	412.940M	399.507M	365.402M	0.00
Short-Term Debt	304.656M	415.401M	486.113M	449.103M	479.644M	254.918M	298.738M	307.848M
Total Liabilities	24.839B	23.771B	23.565B	22.037B	21.125B	20.276B	18.683B	17.681B
Long-Term Debt	2.321B	2.324B	1.630B	1.628B	1.546B	1.668B	1.349B	1.357B
Total Debt	2.625B	2.740B	2.116B	2.077B	2.026B	1.923B	1.648B	1.665B
Net Debt (Cash)	2.481B	2.574B	2.013B	1.984B	1.934B	1.828B	1.572B	1.544B
Total Shareholders' Equity	5.975B	5.306B	4.487B	3.950B	8.643B	8.771B	7.294B	5.415B
Common Stock	92.218M	97.218M	102.218M	105.218M	109.218M	113.218M	117.218M	121.218M
Retained Earnings	8.547B	8.003B	7.479B	6.895B	6.182B	5.874B	5.551B	5.213B
Current Ratio	9.66	9.48	10.83	10.66	8.15	—	—	—
Debt to Equity Ratio	0.44	0.52	0.47	0.53	0.23	0.22	0.23	0.31

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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

www.home.globelifeinsurance.com

Financial Services / Insurance - Life

Sector: Financial Services
Industry: Insurance - Life
CEO: Frank Martin Svoboda

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