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4.5Debt to Equity Ratio
VS
Market
19
Sector
64
Industry
80
History
18
$ 136Close
$ 103.49 - $ 146.55 52-Week Range
Ticker Information

Ticker

GL

Company Name

GLOBE LIFE INC

Sector

Financial Services

Industry

Insurance - Life

Exchange

NYSE

GLOBE LIFE INC - Debt to Equity Ratio Chart Analysis (TTM)

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GL - D/E Historical data
DateDebt to Equity RatioShareholders EquityTotal Liabilities
6/30/20254.5$ 5.42B$ 24.39B
3/31/20254.48$ 5.43B$ 24.28B
12/31/20244.48$ 5.31B$ 23.77B
9/30/20245.37$ 4.64B$ 24.92B
6/30/20244.41$ 5.23B$ 23.07B
3/31/20244.67$ 5.04B$ 23.53B
12/31/20235.25$ 4.49B$ 23.56B
9/30/20234.66$ 4.62B$ 21.54B
6/30/20235.71$ 3.98B$ 22.73B
3/31/20235.98$ 3.85B$ 23.01B
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Key Performance Insights, Last 5 Years

  • GLOBE LIFE INC's latest trailing twelve months (TTM) D/E stands at 2.41.
  • Over the past 5 years, GLOBE LIFE INC's average D/E has been 4.
  • The median D/E for GLOBE LIFE INC during this period was 4.44
  • GLOBE LIFE INC reached its highest D/E over the past 5 years at 5.98.
  • The lowest D/E recorded by GLOBE LIFE INC in the same timeframe 2.31

GLOBE LIFE INC's D/E vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

D/E Benchmarks
CompanyD/E
JXN : JACKSON FINANCIAL INC 32.17FG : F&G ANNUITIES & LIFE INC 19.66SF : STIFEL FINANCIAL CORP 6.12PRI : PRIMERICA INC 5.43IVZ : INVESCO LTD 0.98JEF : JEFFERIES FINANCIAL GROUP INC 5.63BHF : BRIGHTHOUSE FINANCIAL INC 41.76ALLY : ALLY FINANCIAL INC 12.02CNO : CNO FINANCIAL GROUP INC 13.8GNW : GENWORTH FINANCIAL INC 8.83

Definition of Debt to Equity Ratio

[Calculation] Debt to Equity (D/E) measures the ratio between a company’s [Liabilities] and [Equity]. A high ratio might indicate more risk.
Liabilities / Equity
(=) D/E
D/E for GLOBE LIFE INC is calculated as follows: Liabilities [ $ 19.82B ] / Equity [ $ 8.22B ]
(=) D/E [ 2.41 ]

GL - Debt to Equity Ratio, Last 5 years

2.31

Minimum

Dec 31, 2020

5.98

Maximum

Mar 31, 2023

4

Average

4.44

Median

D/E Benchmark Analysis

The chart above depicts the distribution of D/E for companies in the Total Stock Market. The average D/E of the companies is 1.39 with a standard deviation of 1.31.
The following table provides additional summary stats:
D/E in the Market:
filtered constituents3.3K
min0
max6.05
average1.39
median0.98
std1.31