Globe Life Inc.

Globe Life Inc.verified

GL

Price:

$81.48

Market Cap:

$7.52B

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

The ROE as of July 2024 (TTM) for Globe Life Inc. (GL) is 22.09%

According to Globe Life Inc.’s latest financial reports and current stock price. The company's current ROE is 22.09%. This represents a change of 299.19% compared to the average of 5.53% of the last 4 quarters.

Globe Life Inc. (GL) Historical ROE (quarterly & annually)

How has GL ROE performed in the past?

The mean historical ROE of Globe Life Inc. over the last ten years is 14.02%. The current 22.09% ROE has changed 57.62% 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%.

Quarterly (TTM)
Annual

Average

14.02%

Median

12.49%

Minimum

8.34%

Maximum

23.33%

Globe Life Inc. (GL) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
202321.64%18.43%
202218.27%111.94%
20218.62%3.31%
20208.34%-20.01%
201910.43%-19.43%
201812.95%-44.52%
201723.33%93.75%
201612.04%-7.34%
201513.00%12.45%
201411.56%-17.41%

Globe Life Inc. (GL) Average ROE

How has GL ROE performed in the past?

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. (GL) ROE vs. Peers

How is GL’s ROE compared to its peers?

Globe Life Inc.’s ROE is less than Prudential plc (17.82%), less than CNO Financial Group, Inc. (18.40%), less than MetLife, Inc. (8.26%), less than American Equity Investment Life Holding Company (26.29%), less than National Western Life Group, Inc. (4.42%), less than Midwest Holding Inc. (49.50%), less than MetLife, Inc. (8.26%), less than Prudential Financial, Inc. (7.90%), less than Unum Group (13.64%), less than Lincoln National Corporation (33.95%), less than F&G Annuities & Life, Inc. (8.74%), greater than Brighthouse Financial, Inc. (-24.42%), less than MetLife, Inc. (8.26%), less than Jackson Financial Inc. (33.54%),

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