MARKETS / NYSE / GL

NYSE · LIFE INSURANCE · LARGE CAP

Globe Life Inc. GL

19 fiscal years on record · USD · FY2025 reported · SEC filings only

13 YEARS OF DIVIDEND GROWTH

Revenue

$6.0B

▲ 3.7% YoY

Net income

$1.2B

▲ 8.4% YoY

Free cash flow

$1.3B

▼ 5.8% YoY

In brief

What this company does

Globe Life's insurance subsidiaries write nonparticipating ordinary life insurance products, including traditional whole life, term life and other life insurance. It also offers Medicare Supplement and limited-benefit supplemental health insurance products that include accident, cancer, critical illness, heart, intensive care and other health products. As of December 31, 2025, the Company had 3,695 full-time, part-time and temporary employees and engaged over 17,000 independently-contracted insurance agents. Its primary subsidiaries are Globe Life And Accident Insurance Company, American Income Life Insurance Company, Liberty National Life Insurance Company, Family Heritage Life Insurance Company of America, and United American Insurance Company. Globe Life Inc., an insurance holding company, was incorporated in Delaware in 1979.

Written from the business description in GLOBE LIFE INC.'s annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth

USD 6.0B

Revenue, FY2025 · full 19-year series below

Revenue $B Net income $B

FY2025 · Revenue 6.0 · Net income 1.2

Compound annual growth

Revenue

+4.7%

+4.8%

+3.9%

Net income

+9.1%

+9.7%

+8.2%

+5.8%

EPS, diluted

+15.9%

+15.6%

+13.0%

+8.7%

Dividend / share

+9.2%

+7.6%

+7.2%

+6.7%

Returned to shareholders

+23.3%

+11.1%

+6.0%

+7.9%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +4.8% a year over five years — but profit grew faster: net income at +9.7%, earnings per share at +15.6%.

The share count fell from 0.11B to 0.09B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

19 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 24.0% · Net 19.4%

ROE

FY2025 · ROE 20.6%

Gross margin—

Operating margin24.0%

Net margin19.4%

Return on assets3.9%

EBITDAUSD 1.5B

Each USD of equity produced 21 cents of profit this year.

Cash & shareholders

USD 802.6M

returned in FY2025 · dividends + net buybacks

Free cash flow $B

FY2025 · FCF 1.3

Net buybacks $M Dividends $M

FY2025 · Dividends 86.1 · Net buybacks 716.5

Dividends paidUSD 86.1M

Net buybacksUSD 716.5M

Share of profit69.1%

Consecutive raises13 years

USD 86.1M in dividends and USD 716.5M in buybacks — 69% of the year's profit went back to shareholders.

Total assetsUSD 30.8B

EquityUSD 6.0B

CashUSD 144.7M

Gross debtUSD 2.6B

Net debtUSD 2.5B

Net debt stands at 42% of equity.

The 19-year record

19 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue $B	6.0	5.8	5.4	5.2	5.1	4.7	4.5	4.3	4.2	3.9	3.8	3.6	3.5	3.6	3.4	3.4	3.1	3.2	3.5
Operating income $B	1.4	1.3	1.2	1.1	1.2	0.9	0.9	0.9	0.8	0.8	0.8	0.8	0.8	0.8	0.7	0.7	0.7	·	·
EBITDA $B	1.5	1.4	1.2	1.1	1.2	0.9	0.9	0.9	0.8	0.8	0.8	0.8	0.8	0.8	0.7	0.7	0.7	·	·
Income tax $B	0.3	0.3	0.2	0.2	0.2	0.2	0.2	0.2	−0.6	0.2	0.2	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.3
Net income $B	1.2	1.1	1.0	0.9	1.0	0.7	0.8	0.7	1.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.4	0.5	0.5
Free cash flow $B	1.3	1.3	1.4	1.4	1.4	1.4	1.3	1.2	1.4	1.4	1.1	0.8	1.1	0.9	0.9	1.0	1.0	0.7	0.8
EPS, diluted $	14.07	11.94	10.07	9.04	9.99	6.82	6.83	6.09	12.22	4.49	4.16	4.09	3.79	3.60	4.53	4.05	3.25	5.11	5.50
Dividend / sh $	1.08	0.96	0.90	0.83	0.79	0.75	0.69	0.64	0.60	0.56	0.54	0.51	0.45	0.40	0.46	0.41	0.38	0.56	0.52
Payout %	7	8	9	9	8	11	10	10	5	12	13	12	12	10	10	10	12	11	9
ROE %	20.6	21.9	23.0	30.0	19.1	9.1	12.0	12.0	26.9	12.8	12.0	12.8	13.0	12.9	13.2	14.8	15.3	16.3	15.9
Shares out B	0.09	0.10	0.10	0.11	0.11	0.11	0.12	0.12	·	·	·	·	·	·	·	·	·	·	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 54 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 3 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityLife Insurance

Listed onNYSE

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2007