Globe Life Inc
NYSE:GL

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Globe Life Inc
NYSE:GL
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Price: 108.4 USD -0.91%
Market Cap: 9.1B USD
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Globe Life Inc
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Globe Life Inc
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
Globe Life Inc
NYSE:GL
Pre-Tax Income
$1.4B
CAGR 3-Years
13%
CAGR 5-Years
8%
CAGR 10-Years
6%
MetLife Inc
NYSE:MET
Pre-Tax Income
$5.2B
CAGR 3-Years
-9%
CAGR 5-Years
-11%
CAGR 10-Years
-4%
Unum Group
NYSE:UNM
Pre-Tax Income
$2.2B
CAGR 3-Years
31%
CAGR 5-Years
11%
CAGR 10-Years
6%
Aflac Inc
NYSE:AFL
Pre-Tax Income
$4.6B
CAGR 3-Years
-5%
CAGR 5-Years
2%
CAGR 10-Years
0%
Prudential Financial Inc
NYSE:PRU
Pre-Tax Income
$5B
CAGR 3-Years
-17%
CAGR 5-Years
1%
CAGR 10-Years
7%
Principal Financial Group Inc
NASDAQ:PFG
Pre-Tax Income
-$330m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Globe Life Inc
Glance View

Market Cap
9.1B USD
Industry
Insurance
Economic Moat
None

Globe Life Inc., a venerable entity in the financial services realm, has carved a distinct space for itself in the insurance sector. Originating in 1900 and headquartered in McKinney, Texas, the company operates through a collection of subsidiaries, specializing primarily in life and health insurance. These subsidiaries, including American Income Life and Liberty National Life, enable Globe Life to target a diverse clientele, offering tailored life insurance, health insurance, and annuity products. This strategic focus allows the company to tap into a wide spectrum of demographic segments, from individuals seeking supplementary health coverage to families and individuals looking for dependable life insurance options. The lifeline of Globe Life's business model is its adeptness in distributing products directly to consumers via exclusive agents, bolstered by complementary marketing strategies. This direct-to-consumer approach is not just about selling insurance; it's about forging enduring relationships and ensuring customer loyalty. By maintaining a keen emphasis on underwritten policies and prudent risk assessment, Globe Life ensures that its offerings are competitively priced while aligning with customer needs. Additionally, a significant portion of the company's revenue stems from premium collections, with investment income derived from its substantial portfolio of invested assets acting as a steady secondary stream. The company’s disciplined underwriting practices and investment strategies have consistently fortified its financial robustness, fostering trust and reliability among policyholders and investors alike.

GL Intrinsic Value
191.9 USD
Undervaluation 44%
Intrinsic Value
Price

See Also

What is Globe Life Inc's Pre-Tax Income?
Pre-Tax Income
1.4B USD

Based on the financial report for Sep 30, 2024, Globe Life Inc's Pre-Tax Income amounts to 1.4B USD.

What is Globe Life Inc's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
6%

Over the last year, the Pre-Tax Income growth was 21%. The average annual Pre-Tax Income growth rates for Globe Life Inc have been 13% over the past three years , 8% over the past five years , and 6% over the past ten years .

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