Buyback yield (TTM)
7.85%
Shareholder yield (TTM)
8.65%
5Y share count change
-24.6%
Buyback spend (TTM)
$857M
Cumulative buybacks
$13.1B
Key takeaways
- Globe Life (GL) repurchased about $857M of stock over the trailing twelve months.
- Diluted share count is down 24.6% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- Cash buyback spend has compounded at +14.7% per year over the latest 5-year window.
- TTM repurchases used about 75% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Globe Life (GL)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Globe Life (GL)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Globe Life (GL)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Globe Life (GL)
Latest: $881M
Overview
In 2025, Globe Life (GL) buyback spend totalled $881M – declined 12.1% year-over-year.
Across 2020–2025 (5 years), Globe Life buyback spend produced a CAGR of +14.7% – with mixed annual results across the window.
Globe Life buyback spend declined from $1B in 2024 to $881M in 2025, a 12.1% drawdown.
The highest annual buyback spend of $1B was reported in 2024. The lowest in the available history was $0.00 in 1995.
Globe Life Buyback Spend 2025: $881M
Globe Life buyback spend in 2025 was $881M, declined 12.1% below 2024.
Globe Life Buyback Spend 2024: $1B
2024's buyback spend for Globe Life came in at $1B, surged 96.1% from 2023. This figure represents the highest annual value in the available history.
Globe Life Buyback Spend 2023: $511M
Globe Life posted buyback spend of $511M in 2023, grew 12.4% from 2022.
Globe Life Buyback Spend 2022: $455M
In 2022, Globe Life reported buyback spend of $455M, declined 16.0% below 2021.
Globe Life Buyback Spend 2021: $541M
Globe Life buyback spend in 2021 was $541M.
See more financial history for Globe Life (GL).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $881M | $0.00 | $881M | 7.79% | 80.9M | -4.6% | |
| 2024 | $1B | $0.00 | $1B | 10.70% | 84.7M | -12.1% | |
| 2023 | $511M | $0.00 | $511M | 4.46% | 96.4M | -2.6% | |
| 2022 | $455M | $0.00 | $455M | 3.89% | 99M | -4.1% | |
| 2021 | $541M | $0.00 | $541M | 5.75% | 103M | -3.8% | |
| 2020 | $444M | $0.00 | $444M | 4.49% | 107M | -3.7% | |
| 2019 | $460M | $0.00 | $460M | 4.04% | 111M | -3.4% | |
| 2018 | $422M | $0.00 | $422M | 5.08% | 115M | -3.1% | |
| 2017 | $413M | $0.00 | $413M | 3.96% | 119M | -2.8% | |
| 2016 | $405M | $0.00 | $405M | 4.63% | 122M | -3.5% | |
| 2015 | $419M | $0.00 | $419M | 6.03% | 127M | -4.4% | |
| 2014 | $449M | $0.00 | $449M | 6.52% | 133M | -5.0% | |
| 2013 | $482M | $0.00 | $482M | 6.95% | 140M | -5.0% | |
| 2012 | $570M | $0.00 | $570M | 11.79% | 147M | -10.9% | |
| 2011 | $973M | $0.00 | $973M | 22.40% | 165M | -10.8% | |
| 2010 | $246M | $0.00 | $246M | 5.29% | 185M | -1.1% | |
| 2009 | $47.6M | $0.00 | $47.6M | 1.31% | 187M | -6.2% | |
| 2008 | $456M | $0.00 | $456M | 12.15% | 199M | -7.6% | |
| 2007 | $452M | $0.00 | $452M | 8.21% | 216M | -5.2% | |
| 2006 | $345M | $0.00 | $345M | 5.56% | 227M | -4.5% | |
| 2005 | $555M | $0.00 | $555M | 9.71% | 238M | -5.3% | |
| 2004 | $285M | $0.00 | $285M | 4.70% | 252M | -3.0% | |
| 2003 | $225M | $0.00 | $225M | 4.43% | 259M | -4.4% | |
| 2002 | $182M | $0.00 | $182M | 4.22% | 271M | -3.1% | |
| 2001 | $503M | $0.00 | $503M | 10.23% | 280M | -3.1% | |
| 2000 | $147M | $0.00 | $147M | — | 289M | -1.1% | |
| 1999 | $222M | $0.00 | $222M | — | 292M | -4.3% | |
| 1998 | $161M | $0.00 | $161M | — | 305M | -2.4% | |
| 1997 | $183M | $0.00 | $183M | — | 313M | -2.9% | |
| 1996 | $107M | $0.00 | $107M | — | 322M | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $106M | $0.00 | $106M | — | — | — | |
| 1993 | $41.9M | $0.00 | $41.9M | — | — | — | |
| 1992 | $189M | $0.00 | $189M | — | — | — | |
| 1991 | $49.5M | $0.00 | $49.5M | — | — | — | |
| 1990 | $109M | $0.00 | $109M | — | — | — | |
| 1989 | $54.2M | $0.00 | $54.2M | — | — | — |
- 2025$881M
- 2024$1B
- 2023$511M
- 2022$455M
- 2021$541M
- 2020$444M
- 2019$460M
- 2018$422M
- 2017$413M
- 2016$405M
- 2015$419M
- 2014$449M
- 2013$482M
- 2012$570M
- 2011$973M
- 2010$246M
- 2009$47.6M
- 2008$456M
- 2007$452M
- 2006$345M
- 2005$555M
- 2004$285M
- 2003$225M
- 2002$182M
- 2001$503M
- 2000$147M
- 1999$222M
- 1998$161M
- 1997$183M
- 1996$107M
- 1995$0.00
- 1994$106M
- 1993$41.9M
- 1992$189M
- 1991$49.5M
- 1990$109M
- 1989$54.2M
Buybacks vs stock-based compensation for Globe Life (GL)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Buybacks vs dividends (share of cash returned) for Globe Life (GL)
How Globe Life splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Globe Life, ranked by their latest buyback spend.
| $34.6B | |
| $24.1B | |
| $19.5B | |
| $13.4B | |
| $12.4B | |
| $11.7B | |
| $5.84B | |
| $0.00 |
- $34.6B
- $24.1B
- $19.5B
- $13.4B
- $12.4B
- $11.7B
- $5.84B
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.14B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks7.85% TTM
- Dividend Profile0.67% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History8 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.