Globe Life (GL) Shares Outstanding (Diluted) (2009 - 2026)
Globe Life (GL) recorded Shares Outstanding (Diluted) of 78.91 million in Q2 2026, down 4.7% from 82.79 million a year earlier and down 1.0% from the prior quarter.
Globe Life (GL) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Globe Life reported Shares Outstanding (Diluted) of 82.52 million, down 8.0% from FY2024.
- Annual Shares Outstanding (Diluted) has declined for 16 straight years, with a five-year compound annual growth rate of -5.1% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 89.66 million in FY2024 (-7.0%), 96.36 million in FY2023 (-2.6%), 98.98 million in FY2022 (-4.1%) and 103.17 million in FY2021 (-3.8%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding (Diluted) in data going back to Q4 2009.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for 63 consecutive quarters, with an average decline of 7.6% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding (Diluted) ranged from 2.3% (Q1 2023) to 11.2% (Q1 2025).
- Per Business Quant, the preceding three quarters came in at 79.74 million (Q1 2026), 82.52 million (Q4 2025) and 82.02 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.65 Bn | 87.23 Bn | 9.13 Bn | 391.25 Mn |
| 2 | Progressive | 133.70 Bn | 109.53 Bn | 9.04 Bn | 584.20 Mn |
| 3 | Marsh & Mclennan Companies | 94.75 Bn | 86.91 Bn | - | 479.00 Mn |
| 4 | Travelers Companies | 85.38 Bn | 61.63 Bn | 6.23 Bn | 213.60 Mn |
| 5 | Manulife Financial | 77.63 Bn | -17.25 Bn | - | 1.71 Bn |
| 6 | Arthur J. Gallagher | 69.27 Bn | 63.67 Bn | - | 258.70 Mn |
| 7 | Metlife | 66.42 Bn | -40.36 Bn | 7.82 Bn | 646.90 Mn |
| 8 | Allstate | 66.13 Bn | 27.40 Bn | 8.73 Bn | 259.10 Mn |
| 9 | Aon | 65.25 Bn | 58.47 Bn | - | 213.90 Mn |
| 10 | Globe Life | 13.01 Bn | 12.25 Bn | 801.48 Mn | 78.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.91 Mn |
| Mar 31, 2026 | 79.74 Mn |
| Dec 31, 2025 | 82.52 Mn |
| Sep 30, 2025 | 82.02 Mn |
| Jun 30, 2025 | 82.79 Mn |
| Mar 31, 2025 | 84.48 Mn |
| Dec 31, 2024 | 89.66 Mn |
| Sep 30, 2024 | 88.09 Mn |
| Jun 30, 2024 | 91.44 Mn |
| Mar 31, 2024 | 95.11 Mn |
| Dec 31, 2023 | 96.36 Mn |
| Sep 30, 2023 | 95.82 Mn |
| Jun 30, 2023 | 96.25 Mn |
| Mar 31, 2023 | 97.91 Mn |
| Dec 31, 2022 | 98.98 Mn |
| Sep 30, 2022 | 98.15 Mn |
| Jun 30, 2022 | 98.94 Mn |
| Mar 31, 2022 | 100.25 Mn |
| Dec 31, 2021 | 103.17 Mn |
| Sep 30, 2021 | 102.38 Mn |
Globe Life Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=GL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "GL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=GL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();