Globe Life (GL) official guidance

Globe Life (GL) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.

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GLGLOBE LIFE INC.FY2026 · ends 2026-12-31
3 metrics3 lowered
earnings call · 8d
2026-10-22 16:42:19 UTC-5%lowered -143.5%-5% vs FY2025
We expect the average producing agent count for the full year 2026 to be as follows: at American Income, a decrease of around 5%; Liberty National, an increase of around 9%; and Family Heritage, an increase of around 5%.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-04-24 04:02:14 UTClow double-digit growthraised +130.0%10% – 13% vs FY2025
We expect the average producing agent count trends for the full year of 2026 to be as follows. At American Income, low double-digit growth.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-02-06 05:02:20 UTCmid-single-digit growthnew4% – 6% vs FY2025
We expect the average producing agent count trends for the full year 2026 to be as follows: at American Income, mid-single-digit growth, Liberty National, high single-digit growth, and at Family Heritage, low double-digit growth.
GL · transcript · Q4 FY2025
2026-02-06 05:00:00 UTCOpen source
2026-10-22 16:42:19 UTC5%lowered -56.5%5% vs FY2025
We expect the average producing agent count for the full year 2026 to be as follows: at American Income, a decrease of around 5%; Liberty National, an increase of around 9%; and Family Heritage, an increase of around 5%.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-07-24 04:02:10 UTClow double digitsmaintained10% – 13% vs FY2025
Liberty National and Family Heritage, we expect the average producing agent count growth to be low double digits for the full year 2026.
GL · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-24 04:02:14 UTClow double-digit growthmaintained10% – 13% vs FY2025
At both Liberty National and Family Heritage, low double-digit growth.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-02-06 05:02:20 UTClow double-digit growthnew10% – 13% vs FY2025
We expect the average producing agent count trends for the full year 2026 to be as follows: at American Income, mid-single-digit growth, Liberty National, high single-digit growth, and at Family Heritage, low double-digit growth.
GL · transcript · Q4 FY2025
2026-02-06 05:00:00 UTCOpen source
2026-10-22 16:42:19 UTC9%lowered -21.7%9% vs FY2025
We expect the average producing agent count for the full year 2026 to be as follows: at American Income, a decrease of around 5%; Liberty National, an increase of around 9%; and Family Heritage, an increase of around 5%.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-07-24 04:02:10 UTClow double digitsmaintained10% – 13% vs FY2025
Liberty National and Family Heritage, we expect the average producing agent count growth to be low double digits for the full year 2026.
GL · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-24 04:02:14 UTClow double-digit growthraised +43.8%10% – 13% vs FY2025
At both Liberty National and Family Heritage, low double-digit growth.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-02-06 05:02:20 UTChigh single-digit growthnew7% – 9% vs FY2025
We expect the average producing agent count trends for the full year 2026 to be as follows: at American Income, mid-single-digit growth, Liberty National, high single-digit growth, and at Family Heritage, low double-digit growth.
GL · transcript · Q4 FY2025
2026-02-06 05:00:00 UTCOpen source
GLGLOBE LIFE INC.FY2027 · ends 2027-12-31
1 metric1 new
earnings call · 8d
2026-10-22 16:42:19 UTC70% – 75%new
Should this amount be used entirely for dividends and share repurchases, the cash conversion ratio would be in the range of 70%-75% of net operating income at the midpoint of our guidance.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
GLGLOBE LIFE INC.FY2026 · ends 2026-12-31
3 metrics1 lowered1 new1 maintained
earnings call · 8d
2026-10-22 16:42:19 UTC300% – 320%new
For 2026, based on the current projections of 2026 statutory results, we anticipate our consolidated RBC for the U.S. subsidiaries within the targeted range of 300%-320%.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-10-22 16:42:19 UTC$95Mmaintained
For the full year, we anticipate distributing approximately $95 million to shareholders in the form of dividend payments.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-07-24 04:02:10 UTC$95Mraised +5.6%
For the full year, we anticipate distributing approximately $95 million to our shareholders in the form of dividend payments.
GL · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-24 04:02:14 UTC$90Mraised +2.9%
In our guidance, we anticipate distributing approximately $90 million to our shareholders in the form of dividend payments over the course of the year, which reflects the recently announced 22% increase in the annual dividend rate per share.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-02-06 05:02:20 UTC$85M – $90Mnew
In our guidance, we anticipate distributing between $85 million-$95 million... Sorry, $85 million to $90 million to our shareholders in the form of dividend payments, with the remainder being used for share repurchases in the range of $535 million to $585 million.
GL · transcript · Q4 FY2025
2026-02-06 05:00:00 UTCOpen source
2026-10-22 16:42:19 UTC8%lowered -15.8%8% vs FY2025
Normalized EPS growth, which removes the impact of assumption updates, is estimated to be approximately 8% for the full year 2026.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-07-24 04:02:10 UTC9% – 10%lowered -13.6%9% – 10% vs FY2025
At the midpoint of our guidance normalized EPS growth which removes the impact of assumption updates to both 2025 and 2026. Is estimated to be between 9% to 10%
GL · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-24 04:02:14 UTC11%raised +10.0%11% vs FY2025
At the midpoint of our guidance, normalized EPS growth, which removes the impact of assumption updates in both 2025 and 2026, is approximately 11%.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-02-06 05:02:20 UTC10%new10% vs FY2025
Normalized earnings per share growth, which removes the impact of assumption updates in both 2025 and the midpoint of 2026, is approximately 10%.
GL · transcript · Q4 FY2025
2026-02-06 05:00:00 UTCOpen source
GLGLOBE LIFE INC.FY2027 · ends 2027-12-31
1 metric1 new
earnings call · 8d
2026-10-22 16:42:19 UTC$850M – $950Mnew
Although 2026 statutory results are not final for the year, we anticipate parent excess cash flows to be approximately $850 million-$950 million in 2027.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
GLGLOBE LIFE INC.FY2026 · ends 2026-12-31
1 metric1 raised
earnings call · 8d
2026-10-22 16:42:19 UTC10% – 11%raised +50.0%10% – 11% vs FY2025
For the full year, we expect net investment income to grow around 4.5% and required interest to grow around 3.5%, resulting in excess investment income growth of 10%-11%.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-07-24 04:02:10 UTC7%raised +64.7%7% vs FY2025
For the full year, we expect both net investment income and required interest to grow around 4% resulting in excess investment income growth of approximately 7%.
GL · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-24 04:02:14 UTC4% – 4.5%4% – 4.5% vs FY2025
For the full year, we expect both net investment income and required interest to grow around 4%, resulting in excess investment income growth between 4%-4.5%.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-02-06 05:02:20 UTCrelatively flatnew
For the full year 2026, we do expect net investment income to grow between 3% and 4%, required interest to grow around 4%, and excess investment income to be relatively flat.
GL · transcript · Q4 FY2025
2026-02-06 05:00:00 UTCOpen source
GLGLOBE LIFE INC.Q4 FY2026 · ends 2026-12-31
4 metrics1 raised1 lowered2 new
earnings call · 8d
2026-10-22 16:42:19 UTC$250M – $300Mnew
Including the expected investments in commercial mortgage loans and other long-term investments with debt-like characteristics, we expect to invest approximately $250 million to $300 million across all asset classes at an average yield of 6.75% to 7%.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-10-22 16:42:19 UTC$175M – $200Mlowered -67.4%
With respect to our anticipated investment acquisitions for the remainder of the year, at the midpoint of our guidance, we assume investment of approximately $175 million to $200 million in fixed maturities at an average yield between 6.4% and 6.5%.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-07-24 04:02:10 UTC$550M – $600Mlowered -32.4%
With respect to our anticipated investment acquisitions for the remainder of the year, at the midpoint of our guidance, we assume investment of approximately $550 to $600 million in fixed maturities at an average yield between 6% to 6.1%.
GL · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-24 04:02:14 UTC$800M – $900Mnew
With respect to our anticipated investment acquisitions for the remainder of the year, at the midpoint of our guidance, we assume investment of approximately $800 million-900 million in fixed maturities at an average yield between 5.9%-6.1%.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-10-22 16:42:19 UTC6.8% – 7%new
Including the expected investments in commercial mortgage loans and other long-term investments with debt-like characteristics, we expect to invest approximately $250 million to $300 million across all asset classes at an average yield of 6.75% to 7%.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-10-22 16:42:19 UTC6.4% – 6.5%raised +6.6%
With respect to our anticipated investment acquisitions for the remainder of the year, at the midpoint of our guidance, we assume investment of approximately $175 million to $200 million in fixed maturities at an average yield between 6.4% and 6.5%.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-07-24 04:02:10 UTC6% – 6.1%raised +0.8%
With respect to our anticipated investment acquisitions for the remainder of the year, at the midpoint of our guidance, we assume investment of approximately $550 to $600 million in fixed maturities at an average yield between 6% to 6.1%.
GL · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-24 04:02:14 UTC5.9% – 6.1%new
With respect to our anticipated investment acquisitions for the remainder of the year, at the midpoint of our guidance, we assume investment of approximately $800 million-900 million in fixed maturities at an average yield between 5.9%-6.1%.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
GLGLOBE LIFE INC.FY2026 · ends 2026-12-31
1 metric1 raised
earnings call · 8d
2026-10-22 16:42:19 UTC5.3%raised +0.4%
For the fixed maturity portfolio, we anticipate the earned yield will be approximately 5.33% for 2026 and around 5.35% for 2027.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-07-24 04:02:10 UTC5.3%raised +0.2%
For the fixed maturity portfolio, we anticipate the earned yield for 2026 will be around 5.31%.
GL · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-24 04:02:14 UTC5.3%maintained
For just the fixed maturity portfolio, we anticipate the earned yield for 2026 will be around 5.3%.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-02-06 05:02:20 UTC5.3%raised +0.2%
Also, at the midpoint of our guidance, we expect the average yield earned on the fixed maturity portfolio to be around 5.3% for the full year 2026.
GL · transcript · Q4 FY2025
2026-02-06 05:00:00 UTCOpen source
2025-10-24 04:03:12 UTC5.3%new
At the midpoint of our guidance, we expect the average yield earned on the fixed maturity portfolio to be around 5.27% for the full year 2025 and approximately 5.29% for the full year 2026.
GL · transcript · Q3 FY2025
2025-10-24 04:00:00 UTCOpen source
GLGLOBE LIFE INC.FY2027 · ends 2027-12-31
1 metric1 new
earnings call · 8d
2026-10-22 16:42:19 UTC5.3%new
For the fixed maturity portfolio, we anticipate the earned yield will be approximately 5.33% for 2026 and around 5.35% for 2027.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
GLGLOBE LIFE INC.FY2026 · ends 2026-12-31
1 metric1 raised
earnings call · 8d
2026-10-22 16:42:19 UTC5.5%raised +0.2%
We expect the average yield earned on our total long-term investments will be approximately 5.51% for the full year 2026 and between 5.5% and 5.55% for the full year 2027.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-07-24 04:02:10 UTC5.5%raised +0.5%
For the full year, we expect the average yield earned on our total long term investments will be approximately 5.5%.
GL · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-24 04:02:14 UTC5.5% – 5.5%new
For the full year, we expect the average yield earned on our long-term investments will be between 5.45% and 5.5%.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
GLGLOBE LIFE INC.FY2027 · ends 2027-12-31
1 metric1 new
earnings call · 8d
2026-10-22 16:42:19 UTC5.5% – 5.5%new
We expect the average yield earned on our total long-term investments will be approximately 5.51% for the full year 2026 and between 5.5% and 5.55% for the full year 2027.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
GLGLOBE LIFE INC.FY2026 · ends 2026-12-31
2 metrics1 raised
earnings call · 8d
2026-10-22 16:42:19 UTCnear the top end of our targeted range of $50 million to $60 million
We anticipate ending the year with liquid assets near the top end of our targeted range of $50 million to $60 million.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-04-24 04:02:14 UTC$50M – $60Mmaintained
We anticipate ending the year with liquid assets within our target range of $50 million-60 million.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-02-06 05:02:20 UTC$50M – $60Mnew
We anticipate liquid assets at the parent to be in the range of $50 million to $60 million at the end of 2026.
GL · transcript · Q4 FY2025
2026-02-06 05:00:00 UTCOpen source
2026-10-22 16:42:19 UTC4.5%raised +12.5%4.5% vs FY2025
For the full year, we expect net investment income to grow around 4.5% and required interest to grow around 3.5%, resulting in excess investment income growth of 10%-11%.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source
2026-07-24 04:02:10 UTC4%maintained4% vs FY2025
For the full year, we expect both net investment income and required interest to grow around 4% resulting in excess investment income growth of approximately 7%.
GL · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-24 04:02:14 UTC4%raised +14.3%4% vs FY2025
For the full year, we expect both net investment income and required interest to grow around 4%, resulting in excess investment income growth between 4%-4.5%.
GL · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
2026-02-06 05:02:20 UTC3% – 4%new3% – 4% vs FY2025
For the full year 2026, we do expect net investment income to grow between 3% and 4%, required interest to grow around 4%, and excess investment income to be relatively flat.
GL · transcript · Q4 FY2025
2026-02-06 05:00:00 UTCOpen source
GLGLOBE LIFE INC.FY2027 · ends 2027-12-31
1 metric1 new
earnings call · 8d
2026-10-22 16:42:19 UTC2.5% – 3.5%new2.5% – 3.5% vs FY2026
Looking forward to 2027, we anticipate net investment income will grow in the range of 2.5%-3.5%, while required interest will grow in the range of 3.5%-4%.
GL · transcript · Q3 FY2026
2026-10-22 16:41:00 UTCOpen source