Globe Life (GL) Debt Ratio (2009 - 2026)
Globe Life's (GL) quarterly Debt Ratio came in at 0.1 in Q2 2026, down 6.53% on a YoY basis from 0.11 in Q2 2025, and down 2.33% quarter-over-quarter from 0.1 in Q1 2026.
Analysis
Globe Life (GL) Debt Ratio (2009 - 2026) Analysis & Trends
Globe Life (GL) has reported Debt Ratio for 18 consecutive years, with 0.1 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 6.53% year-over-year to 0.1; the trailing twelve-month figure through Jun 2026 stood at 0.1 (down 6.53% YoY), and the FY2025 full-year result was 0.1, down 12.37% from the prior year.
- Debt Ratio slipped to 0.1 in Q2 2026 per GL's latest filing, from 0.1 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.11 in Q2 2022 and bottomed at 0.09 in Q2 2023.
- Historically, Debt Ratio has averaged 0.1 across 5 years, with a median of 0.1 in 2026.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio surged 33.3% in 2022, then dropped 22.09% in 2023.
- Over 5 years, Debt Ratio stood at 0.1 in 2022, then slipped by 10.45% to 0.09 in 2023, then climbed by 16.99% to 0.11 in 2024, then retreated by 12.37% to 0.1 in 2025, then gained by 7.33% to 0.1 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.1, 0.1, and 0.1 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 75.56 Bn | 76.77 Bn | - | 0.02 |
| 2 | Metlife | 61.89 Bn | 34.88 Bn | 7.82 Bn | 0.01 |
| 3 | Sun Life Financial | 45.01 Bn | 40.41 Bn | - | 0.03 |
| 4 | Globe Life | 16.00 Bn | 15.24 Bn | 801.48 Mn | 0.10 |
| 5 | Equitable Holdings | 14.74 Bn | -2.55 Bn | 1.22 Bn | 0.01 |
| 6 | Brookfield Wealth Solutions | 12.45 Bn | 11.71 Mn | 1.92 Bn | 0.01 |
| 7 | Corebridge Financial | 9.60 Bn | -296.03 Bn | 2.79 Bn | - |
| 8 | Jackson Financial | 9.04 Bn | 3.56 Bn | - | 0.01 |
| 9 | Primerica | 8.98 Bn | 8.35 Bn | 717.74 Mn | 0.08 |
| 10 | Lincoln National | 8.08 Bn | -3.60 Bn | 2.62 Bn | 0.02 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.10 |
| Mar 31, 2026 | 0.10 |
| Dec 31, 2025 | 0.10 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.11 |
| Mar 31, 2025 | 0.11 |
| Dec 31, 2024 | 0.11 |
| Sep 30, 2024 | 0.11 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2022 | 0.10 |
| Sep 30, 2022 | 0.11 |
| Jun 30, 2022 | 0.11 |
| Mar 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.09 |
| Sep 30, 2021 | 0.08 |