Globe Life (GL) Tax Rate (2009 - 2026)
Globe Life (GL) posted Tax Rate of 18.16% for Q3 2026, down 0.55 percentage points from 18.71% a year earlier and down 0.76 percentage points from the prior quarter.
Globe Life (GL) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at Globe Life was 18.79%, down 0.14 percentage points year-over-year; for FY2025, it came in at 19.13%, down 0.16 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +0.74 percentage points (FY2020 to FY2025).
- In prior years, Globe Life's Tax Rate was 19.29% in FY2024 (+0.57 pp), 18.72% in FY2023 (-0.13 pp), 18.85% in FY2022 (-0.26 pp) and 19.10% in FY2021 (+0.71 pp).
- The Q3 2026 figure stands as the lowest quarterly Tax Rate in data going back to Q2 2009.
- On a year-over-year basis, Tax Rate has declined in each of the last three quarters, with an average year-over-year change of -0.22 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2024, with a gain of 1.23 percentage points; the weakest was Q3 2025, with a drop of 0.91 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 18.92% (Q2 2026), 19.04% (Q1 2026) and 19.24% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | 18.27% |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 19.58% |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 21.45% |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | 21.39% |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 19.08% |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 21.17% |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | 20.59% |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | 20.52% |
| 10 | Globe Life | 12.52 Bn | 10.82 Bn | 901.84 Mn | 18.16% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.16% |
| Jun 30, 2026 | 18.92% |
| Mar 31, 2026 | 19.04% |
| Dec 31, 2025 | 19.24% |
| Sep 30, 2025 | 18.71% |
| Jun 30, 2025 | 19.33% |
| Mar 31, 2025 | 19.46% |
| Dec 31, 2024 | 18.32% |
| Sep 30, 2024 | 19.62% |
| Jun 30, 2024 | 19.85% |
| Mar 31, 2024 | 19.28% |
| Dec 31, 2023 | 18.39% |
| Sep 30, 2023 | 19.36% |
| Jun 30, 2023 | 18.62% |
| Mar 31, 2023 | 18.46% |
| Dec 31, 2022 | 18.32% |
| Sep 30, 2022 | 18.82% |
| Jun 30, 2022 | 18.98% |
| Mar 31, 2022 | 19.27% |
| Dec 31, 2021 | 64.05% |
Globe Life Tax Rate 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=tax-rate&ticker=GL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=GL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();