GL
Price:
$110.69
Market Cap:
$9.29B
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is head...[Read more]
Industry
Insurance - Life
IPO Date
1980-10-01
Stock Exchange
NYSE
Ticker
GL
According to Globe Life Inc.’s latest financial reports and current stock price. The company's current ROE is 22.49%. This represents a change of 297.30% compared to the average of 5.66% of the last 4 quarters.
The mean historical ROE of Globe Life Inc. over the last ten years is 14.02%. The current 22.49% ROE has changed 60.45% with respect to the historical average. Over the past ten years (40 quarters), GL's ROE was at its highest in in the December 2017 quarter at 16.49%. The ROE was at its lowest in in the December 2021 quarter at 2.06%.
Average
14.02%
Median
12.49%
Minimum
8.34%
Maximum
23.33%
Discovering the peaks and valleys of Globe Life Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 111.94%
Maximum Annual ROE = 23.33%
Minimum Annual Increase = -44.52%
Minimum Annual ROE = 8.34%
Year | ROE | Change |
---|---|---|
2023 | 21.64% | 18.43% |
2022 | 18.27% | 111.94% |
2021 | 8.62% | 3.31% |
2020 | 8.34% | -20.01% |
2019 | 10.43% | -19.43% |
2018 | 12.95% | -44.52% |
2017 | 23.33% | 93.75% |
2016 | 12.04% | -7.34% |
2015 | 13.00% | 12.45% |
2014 | 11.56% | -17.41% |
The current ROE of Globe Life Inc. (GL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
16.17%
5-year avg
13.46%
10-year avg
14.02%
Globe Life Inc.’s ROE is less than Prudential plc (4.50%), less than CNO Financial Group, Inc. (11.31%), less than MetLife, Inc. (12.90%), less than American Equity Investment Life Holding Company (26.29%), less than National Western Life Group, Inc. (4.42%), less than Midwest Holding Inc. (93.68%), less than MetLife, Inc. (12.90%), less than Prudential Financial, Inc. (14.46%), less than Unum Group (17.06%), less than Lincoln National Corporation (5.93%), less than F&G Annuities & Life, Inc. (0.35%), greater than Brighthouse Financial, Inc. (-25.53%), less than MetLife, Inc. (12.90%), greater than Jackson Financial Inc. (-9.43%),
Company | ROE | Market cap |
---|---|---|
4.50% | $21.21B | |
11.31% | $3.83B | |
12.90% | $56.29B | |
26.29% | $4.49B | |
4.42% | $1.82B | |
93.68% | $101.05M | |
12.90% | $56.95B | |
14.46% | $42.43B | |
17.06% | $13.39B | |
5.93% | $5.41B | |
0.35% | $5.31B | |
-25.53% | $2.84B | |
12.90% | $55.59B | |
-9.43% | $6.61B |
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What is the ROE?
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What is Globe Life Inc.'s ROE?
How is the ROE calculated for Globe Life Inc. (GL)?
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What is the 3-year average ROE for Globe Life Inc. (GL)?
What is the 5-year average ROE for Globe Life Inc. (GL)?
How does the current ROE for Globe Life Inc. (GL) compare to its historical average?