Globe Life Inc.

  • Earnings Score
  • Moat Score
  • Safety Score
  • Market Cap $10.80B
  • PE 10
  • Debt $2.74B
  • Cash $165.33M
  • EV $13.37B
  • FCF $1.33B

Earnings

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Sales & Net Margins

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Earnings$1.07B
EBIT$1.33B
ROE20%
ROA5%
FCF$1.33B
Equity$5.31B
Growth Stability75%
PE10.09
PEG1.11
PB2.04
P/FCF8.11
P/S1.87
Price/Cash0.02
Debt/Equity0.52
Debt/FCF2.06
Net Margins19%
Op. Margins23%
Earnings CAGR3%
Sales Growth YoY4%
Sales Growth QoQ1%
Sales CAGR5%
FCF CAGR0%
Equity CAGR1%
Earnings Stability0.08
Earnings Growth YoY-7%
Earnings Growth QoQ-16%
Earnings CAGR 5Y9%
Sales CAGR 5Y5%
FCF CAGR 5Y0%
Equity CAGR 5Y-14%
Earnings CAGR 3Y5%
Sales CAGR 3Y5%
FCF CAGR 3Y-2%
Equity CAGR 3Y-3%
Market Cap$10.80B
Revenue$5.78B
Dividend Yield1%
Payout Ratio8%
Assets$29.08B
Total Debt$2.74B
Cash$165.33M
Shares Outstanding89.28M
EV13.37B
Earnings Score7%
Moat Score81%
Safety Score91%
Final Score60%
Shares Growth 3y-4%
Equity Growth QoQ14%
Equity Growth YoY18%

Assets & ROA

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Stockholders Equity & ROE

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Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.

SEC Filings

Direct access to Globe Life Inc. (GL) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2024
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2023
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2022
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31

Sector Comparison

How does Globe Life Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Globe Life Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 3%
Stability 8%
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Globe Life Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Globe Life Inc..

= $14B
012345678910TV
fcf$1.3B$1.3B$1.3B$1.4B$1.4B$1.4B$1.4B$1.4B$1.4B$1.4B$1.4B$14B
DCF$1.2B$1.1B$1B$927M$847M$774M$707M$646M$590M$539M$5.4B
Value$14B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12/201512/201612/201712/201812/201912/202012/202112/202212/202312/2024TTM
Net Margins14%14%35%16%17%15%15%14%18%19%19%
ROA-4%4%4%4%3%3%4%5%5%5%
ROE-12%23%13%10%8%9%15%22%20%20%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12/201512/201612/201712/201812/201912/202012/202112/202212/202312/2024TTM
Debt over FCF-1.211.271.61.471.521.791.811.482.062.06
Debt over Equity0.430.360.290.360.270.250.290.520.470.520.52
Growth Stability---83%84%75%100%99%100%100%75%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12/201512/201612/201712/201812/201912/202012/202112/202212/202312/2024CAGR 5Y
Revenue YoY growth-4%6%4%5%5%8%2%4%6%5%
Earnings YoY growth-4%165%-52%8%-4%2%-1%31%10%9%
Equity YoY growth-13%36%-13%35%20%-1%-43%-8%18%-14%
FCF YoY growth-27%3%-13%7%9%-2%-0%3%-7%0%