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GL-PD Stock Price, Chart, Stats & News

Globe Life Inc. 4.25% Junior Su
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13.24B
Market cap
Current P/E
Forward P/E
3.48%
Dividend yield

GL-PD chart

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3M
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5Y
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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-PD valuation

P/E
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

Founded in 1979 and based in McKinney, Texas, Globe Life Inc. (formerly Torchmark Corporation until its name change in August 2019) provides an array of life and supplemental health insurance products, alongside annuities, to lower-to-middle-income households across the United States through its various subsidiaries. The company's operations are divided into four primary segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. Its product offerings include whole life, term life, and other life insurance options; supplemental health coverage such as Medicare supplement, critical illness, and accident plans; and both single-premium and flexible-premium deferred annuities.

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