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Globe Life Inc.
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Fundamentals
Gross margin | 33.40% |
Operating margin | 24.38% |
Pretax margin | 24.00% |
Net margin | 19.36% |
Effective tax rate | 19.35% |
ROA | 3.77% |
ROE | 20.64% |
D/E | 0.44x |
Interest coverage ratio | 10.36x |
GL valuation
P/E | 11.87x |
P/S | 1.77x |
P/B | 1.83x |
P/CF | 7.82x |
P/FCF | 8.47x |
P/OCF | 7.82x |
PEG | 4.25x |
EV multiple | 5.12x |
About
Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United States. The company's operations are structured into four key segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. Its offerings encompass whole life, term life, and other life protection plans; supplemental health benefits like Medicare supplements, critical illness, and accident policies; and both single-premium and flexible-premium deferred annuities.
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