Globe Life Inc. GL

167.04 (0.28) (0.17%) as of 25 Sep
Market cap
$12.9B
P/E
10.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Globe Life Inc. (GL) Debt to equity

Globe Life Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.5×, up 0.0× from fiscal 2025 (0.4×). Over the past ten years it has ranged from 0.2× (fiscal 2020) to 0.5× (fiscal 2022); the current reading is higher than 73% of that period. That is in line with the Insurance Life industry median of 0.5× and above the Financial sector median of 0.2×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2025 0.4× (14.91%)
FY2024 0.5× 9.52%
FY2023 0.5× (10.34%)
FY2022 0.5× 124.36%
FY2021 0.2× 6.93%
FY2020 0.2× (2.97%)
FY2019 0.2× (26.54%)
FY2018 0.3× 31.24%
FY2017 0.2× (23.43%)
FY2016 0.3× 0.59%

Quarterly

Period Debt to equity Change
Jun 2026 0.5× 4.69%
Mar 2026 0.5× 3.94%
Dec 2025 0.4× (7.90%)
Sep 2025 0.5× (7.34%)
42 more quarters

Against its own ten years

Low 0.2× High 0.5×
Ten-year median 0.3×
Current reading's percentile 73

Debt to equity against peers

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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