Globe Life Inc.

GLNYSEFinancial Services● Active

$157.70

$-1.48(-0.93%)

Market Cap$12.2B

P/E Ratio—

52W High$159.36

52W Low$116.73

Avg Volume533K

Open$159.01

Beta0.50

Overview

Globe Life Inc. (GL) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

GL · free cash flow · updated Jun 8, 2026

Core FCF metrics

GL · FCF · TTM · margin & CAGR

Free cash flow was $1.25B for FY2025 (fiscal year ending 2025-12-31), down 5.8% year-over-year The FCF margin was 20.9%. Five-year CAGR stands at -2.7%.

FY2025 Free Cash Flow$1.25B▼ -5.8% YoY

Trailing 12M (TTM)$1.23Btrailing 4 quarters sum

FCF Margin20.9%$1.25B ÷ revenue

3-Year CAGR-3.5%FY2022 → FY2025

5-Year CAGR-2.7%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

GL · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.40B(142M)$1.25B▼ 5.8%20.9%

FY2024$1.40B(71M)$1.33B▼ 7.1%23.0%

FY2023$1.48B(50M)$1.43B▲ +2.8%26.3%

FY2022$1.42B(28M)$1.39B▼ 0.4%26.7%

FY2021$1.44B(38M)$1.40B▼ 2.5%27.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

GL · P/FCF · FCF yield · FCF per share

Globe Life Inc. (GL) trades at a FCF yield of 10.06% and a price-to-free-cash-flow ratio of 10.4x. FCF per share stands at $15.21, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

10.06%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$15.21

TTM FCF ÷ Shares Outstanding

Price / FCF

x10.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x12.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

GL · cash flow statement · operating / investing / financing

For FY2025, Globe Life Inc. generated $1.40B in operating cash flow and spent 142M in capital expenditures, yielding $1.25B in free cash flow.

Operating Activities

+$1.40B

Cash from core business operations

2025-12-31

Investing Activities

−$643.6M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$768.1M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.40B) − |CapEx| (142M) = FCF ($1.25B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

GL vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Globe Life Inc.YOU

$1.25B-5.8%20.9%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Globe Life Inc. (GL) reported free cash flow of $1.25B for FY2025 (fiscal year ending 2025-12-31), down 5.8% year-over-year. The FCF margin was 20.9%.

Based on available data, Globe Life Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $1.43B in FY2020. The 5-year CAGR stands at -2.7%.

Globe Life Inc.'s FCF yield is 10.06% and price-to-FCF ratio is 10.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

GL free cash flow · 8 questions

Globe Life Inc. free cash flow was $1.25B for FY2025, down 5.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.23B.

GL free cash flowGL FCFGL FCF 2025GL free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Globe Life Inc. · Globe Life Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026