Globe Life GL
NYSE GL
$169.31 -0.41 (-0.24%)
As of: Oct 21, 2026 · 3:59 PM EDT

Globe Life (GL) Payables (2009 - 2026)

Updated

Globe Life's Payables was $277.95 million in Q2 2026, down 40.2% from $464.54 million a year earlier and down 39.2% from the prior quarter.

Analysis

Globe Life (GL) Payables (2009 - 2026) Analysis & Trends

At the end of FY2025, Payables at Globe Life came in at $304.66 million, down 26.7% from FY2024.

  • Payables shows a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
  • In earlier years, Payables was $415.4 million in FY2024 (-14.5%), $486.11 million in FY2023 (+8.2%), $449.1 million in FY2022 (-6.4%) and $479.64 million in FY2021 (+88.2%).
  • The Q2 2026 figure marks the lowest quarterly Payables since Q2 2023.
  • Compared with a year earlier, Payables has declined for eight straight quarters, with an average decline of 20.2% over the last eight quarters.
  • The best year-over-year quarter for Payables over five years was Q2 2024 (growth of 153.5%); the worst was Q2 2023 (a decline of 47.8%).
  • Per Business Quant data, GL's Payables in the three quarters before Q2 2026 was $457.05 million (Q1 2026), $304.66 million (Q4 2025) and $394.35 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Chubb 137.65 Bn 84.23 Bn 9.13 Bn 10.73 Bn
2 Progressive 129.27 Bn 105.11 Bn 9.04 Bn 9.24 Bn
3 Marsh & Mclennan Companies 90.79 Bn 82.95 Bn - 4.05 Bn
4 Travelers Companies 83.98 Bn 60.23 Bn 6.23 Bn -
5 Manulife Financial 77.09 Bn -17.80 Bn - 41.59 Bn
6 Arthur J. Gallagher 66.40 Bn 60.80 Bn - 1.52 Bn
7 Metlife 65.77 Bn -41.01 Bn 7.82 Bn 460.00 Mn
8 Allstate 64.29 Bn 25.56 Bn 8.73 Bn -
9 Aon 62.89 Bn 56.11 Bn - 2.27 Bn
10 Globe Life 13.12 Bn 12.36 Bn 801.48 Mn 277.95 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 277.95 Mn
Mar 31, 2026 457.05 Mn
Dec 31, 2025 304.66 Mn
Sep 30, 2025 394.35 Mn
Jun 30, 2025 464.54 Mn
Mar 31, 2025 476.89 Mn
Dec 31, 2024 415.40 Mn
Sep 30, 2024 437.42 Mn
Jun 30, 2024 654.61 Mn
Mar 31, 2024 733.54 Mn
Dec 31, 2023 486.11 Mn
Sep 30, 2023 447.54 Mn
Jun 30, 2023 258.23 Mn
Mar 31, 2023 514.25 Mn
Dec 31, 2022 449.10 Mn
Sep 30, 2022 434.74 Mn
Jun 30, 2022 495.13 Mn
Mar 31, 2022 522.08 Mn
Dec 31, 2021 479.64 Mn
Sep 30, 2021 393.59 Mn
API Access

Globe Life Payables API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=payables&ticker=GL&period=max&api_key=YOUR_API_KEY