Globe Life Inc. (GL) Long-Term Debt
The long-term debt for Globe Life Inc. (GL) is $2.32 Billion with a year-over-year change of -0.15%. Long-term debt includes bonds, term loans, mortgages, and other borrowings with maturities greater than one year. It represents the company's structural leverage.
GL Long-Term Debt Chart
Current Long-Term Debt
$2.32B
$2.32 Billion
Year-over-Year Change
-0.15%
vs. $2.32B prior year
Historical Data
30
Years of data available
Annual Long-Term Debt History
| Year | Long-Term Debt | YoY Change | % Change |
|---|---|---|---|
| 2025 | $2.32B | $-3.46M | -0.15% |
| 2024 | $2.32B | +$694.69M | +42.63% |
| 2023 | $1.63B | +$1.61M | +0.10% |
| 2022 | $1.63B | +$81.46M | +5.27% |
| 2021 | $1.55B | $-121.39M | -7.28% |
| 2020 | $1.67B | +$318.90M | +23.64% |
| 2019 | $1.35B | $-8.20M | -0.60% |
| 2018 | $1.36B | +$224.98M | +19.87% |
| 2017 | $1.13B | $-964,000 | -0.09% |
| 2016 | $1.13B | +$389.43M | +52.36% |
| 2015 | $743.73M | $-248.40M | -25.04% |
| 2014 | $992.13M | +$1.26M | +0.13% |
| 2013 | $990.87M | +$1.18M | +0.12% |
| 2012 | $989.69M | +$74.69M | +8.16% |
| 2011 | $914.99M | +$125.35M | +15.87% |
| 2010 | $789.64M | $-130.83M | -14.21% |
| 2009 | $920.47M | +$297.00M | +47.64% |
| 2008 | $623.47M | $-98.96M | -13.70% |
| 2007 | $722.43M | +$475,000 | +0.07% |
| 2006 | $721.96M | +$212.12M | +41.60% |
| 2005 | $509.84M | $-186.78M | -26.81% |
| 2004 | $696.62M | $-3.38M | -0.48% |
| 2003 | $700.00M | +$148.44M | +26.91% |
| 2002 | $551.56M | +$15.41M | +2.87% |
| 2001 | $536.15M | +$170.16M | +46.49% |
| 2000 | $365.99M | $-5.57M | -1.50% |
| 1999 | $371.56M | $-11.87M | -3.10% |
| 1998 | $383.42M | $-180.88M | -32.05% |
| 1997 | $564.30M | $-227.58M | -28.74% |
| 1996 | $791.88M | — | — |
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