# Globe Life Inc. (GL) — Stock CV

Globe Life Inc. is a $12.6B financial services company. Revenue grew 5.2% over the last year, and it keeps 20¢ of every dollar of sales as profit. It trades at 10.4× earnings — in the cheapest third of its own history.

> Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers.

## Identity

- **Ticker**: GL
- **Sector**: Financial Services
- **Industry**: Life Insurance
- **Headquarters**: MCKINNEY, TX
- **Employees**: 3 695
- **Website**: https://www.globelifeinsurance.com
- **Market cap**: $12.6B
- **Last price**: $164.17
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $6.19B
- **Net income**: $1.21B
- **Free cash flow**: $1.23B
- **Net debt**: $2.31B
- **P/E**: 10.4
- **Revenue growth (YoY)**: 5.2%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 90 |
| Growth | 46 |
| Profitability | 85 |
| Health | 54 |
| Quality | 92 |
| Moat | 56 |

## Qualifications (beginner checklist) — 10 of 11 passed

- [x] Revenue growing — +5.2% YoY
- [x] Profitable — $1.21B TTM
- [x] Profit growing — +15.9% YoY
- [x] Generates cash — $1.23B TTM
- [x] Debt under control — ~1.9y of cash flow to repay
- [x] Established company — $12.6B market cap
- [x] Not printing shares — -22.7% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — Altman Z 0.6 — distress
- [x] Pays a dividend — yield 0.72%
- [x] Valuation not extreme — P/E 10.4

## Experience (career milestones)

- **FY2017** — Best year on record: $1.45B net income
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $3.93B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak

## Strengths

- Strong cash conversion — FCF is 19.9% of revenue
- Interest covered 11.2× by operating earnings
- High returns on invested capital (ROIC 15.4%)
- Piotroski F-Score 7/9 — fundamentally strong checklist

## Watch-outs

- Altman Z-Score 0.58 — elevated financial-distress risk

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $5.11B | $745M | $1.40B |
| FY2022 | $5.21B | $740M | $1.39B |
| FY2023 | $5.45B | $971M | $1.43B |
| FY2024 | $5.78B | $1.07B | $1.33B |
| FY2025 | $5.99B | $1.16B | $1.25B |

---

Source: https://stockcv.com/GL — derived from company filings; may be delayed or incomplete. Information, not investment advice.