Globe Life Inc. GL
167.04
(0.28)
(0.17%)
as of 25 Sep
- Market cap
- $12.9B
- P/E
- 10.9×
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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 | Free account |
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
| Company | Debt to equity |
|---|---|
| GNW Genworth Financial, Inc. compare | 0.2× |
| PUK Prudential Public Limited Company compare | 0.3× |
| UNM Unum Group compare | 0.3× |
| GL Globe Life Inc. | 0.5× |
| JXN Jackson Financial Inc. compare | 0.5× |
| LNC Lincoln National Corporation compare | 0.6× |
| PRU Prudential Financial, Inc. compare | 0.6× |
| PRI Primerica, Inc. compare | 0.7× |
| CNO CNO Financial Group, Inc. compare | 1.7× |
| Insurance Life industry median | 0.5× |
| Financial sector median | 0.2× |
| Market median | 0.2× |
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)
More on GL
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement