Globe Life Inc. (GL) Interest Coverage Ratio: 10.36x
The interest coverage ratio for Globe Life Inc. (GL) is 10.36x as of Friday, June 19, 2026.
GL Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
10.36x
GL Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Globe Life Inc. (GL) | $13.26B | 10.36x | N/A | N/A | N/A |
| Assurant, Inc. (AIZ)vs › | $12.88B | 9.91x | 9.29x | 7.32x | 6.95x |
| Global Payments Inc. (GPN)vs › | $15.83B | 2.27x | 2.94x | 3.40x | 3.73x |
| Franklin Resources, Inc. (BEN)vs › | $17.17B | 6.37x | 5.28x | 9.38x | 15.15x |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.12B | 59.58x | 55.19x | 48.33x | 163.49x |
| Brown & Brown, Inc. (BRO)vs › | $20.03B | 5.71x | 6.25x | 6.22x | 8.23x |
| Circle Internet Group (CRCL)vs › | $21.44B | -74.34x | 114.34x | 114.34x | 114.34x |
| Main Street Capital Corporation (MAIN)vs › | $4.74B | 4.06x | 4.21x | 4.05x | 3.78x |
| Loews Corporation (L)vs › | $22.07B | 5.22x | 4.73x | 4.43x | 4.56x |
| SoFi Technologies, Inc. (SOFI)vs › | $22.97B | 0.45x | 0.33x | 0.33x | 0.33x |
Financial Health Indicators
Interest Coverage
10.4x
Debt/Equity
0.44
Current Ratio
9.66
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Globe Life Inc. Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Globe Life Inc. Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Globe Life Inc. (GL)?
- The interest coverage ratio for GL stock is 10.36x.
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