Globe Life Inc. (GL) — Free Cash Flow Yield
Financial Services
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States. It operates in three segments: Life Insurance, Supplemental Health Insurance, and Investments. The company offers whole, term, and other life insurance products, as well as life insurance for children; Medicare supplement and limited-benefit supplemental health insurance products, such as accident, cancer, critical illness, heart, intensive care, and other health products; and final expense, accidental death, mortgage protection, and hospital insurance products. It sells its products through direct-to-consumer channels, exclusive independent agents, general agency independent agents, and brokers. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was founded in 1900 and is headquartered in McKinney, Texas.
| Metric | Value |
|---|---|
| FCF Yield | 8.9% |
| Financial Services Sector Avg FCF Yield | 6.6% |
| Annual Free Cash Flow | $1.3B |
| Market Cap | $14.1B |
| P/E Ratio | 12.0x |
Globe Life Inc.'s FCF yield of 8.9% is above the Financial Services sector average (6.6%).
Frequently Asked Questions
What is Globe Life Inc.'s (GL) free cash flow yield?
Globe Life Inc.'s (GL) free cash flow yield is 8.9%. That is above the Financial Services sector average (6.6%).
Is GL's free cash flow yield good?
At 8.9%, GL's free cash flow yield is considered good — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.
How much free cash flow does Globe Life Inc. generate?
Globe Life Inc. generated $1.3B in free cash flow, against a market cap of $14.1B.
How is free cash flow yield calculated?
Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.
Data from public filings. Not investment advice. Calculate your own FCF yield →