Question 1

What is Globe Life's P/FCF ratio?

Accepted Answer

Globe Life (GL) P/FCF ratio is 12.0× as of July 21, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Globe Life?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Globe Life specifically, the relevant sector benchmark is the current sector median of 12.0×.

Question 5

Is Globe Life's P/FCF ratio high or low?

Accepted Answer

Globe Life's P/FCF ratio of 12.0× is above its own 5-year average of 7.5× and below the sector median of 12.0×. That places the current reading at the 100th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Globe Life's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Globe Life (GL) P/FCF ratio has ranged from a low of 3.1× in 2009 to a high of 12.0× in 2026. The 5-year average is 7.5× and the 5-year median is 7.2×.

Question 7

What was Globe Life's P/FCF ratio in 2025?

Accepted Answer

Globe Life (GL) P/FCF ratio at the end of 2025 was 9.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Globe Life's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$11.3B	$1.25B	9.0×	+2.0×	Dec 31, 2025
2024	$9.36B	$1.33B	7.0×	-1.0×	Dec 31, 2024
2023	$11.5B	$1.43B	8.0×	-0.4×	Dec 31, 2023
2022	$11.7B	$1.39B	8.4×	+1.7×	Dec 31, 2022
2021	$9.42B	$1.4B	6.7×	-0.2×	Dec 31, 2021
2020	$9.9B	$1.43B	6.9×	-1.7×	Dec 31, 2020
2019	$11.4B	$1.32B	8.6×	+1.9×	Dec 31, 2019
2018	$8.31B	$1.23B	6.7×	-0.7×	Dec 31, 2018
2017	$10.4B	$1.41B	7.4×	+1.0×	Dec 31, 2017
2016	$8.73B	$1.37B	6.4×	-0.1×	Dec 31, 2016
2015	$6.94B	$1.08B	6.4×	-1.7×	Dec 31, 2015
2014	$6.89B	$845M	8.1×	+1.9×	Dec 31, 2014
2013	$6.94B	$1.11B	6.3×	+1.1×	Dec 31, 2013
2012	$4.84B	$938M	5.2×	+0.1×	Dec 31, 2012
2011	$4.34B	$854M	5.1×	+0.5×	Dec 31, 2011
2010	$4.65B	$1.02B	4.6×	+0.8×	Dec 31, 2010
2009	$3.64B	$970M	3.8×	-1.5×	Dec 31, 2009
2008	$3.75B	$721M	5.2×	-1.5×	Dec 31, 2008
2007	$5.5B	$826M	6.7×	-0.6×	Dec 31, 2007
2006	$6.2B	$858M	7.2×	+0.5×	Dec 31, 2006
2005	$5.72B	$854M	6.7×	-1.3×	Dec 31, 2005
2004	$6.07B	$763M	7.9×	+1.0×	Dec 31, 2004
2003	$5.09B	$737M	6.9×	+0.2×	Dec 31, 2003
2002	$4.32B	$648M	6.7×	—	Dec 31, 2002


UMB Financial (UMBF)	8.8×
Federal Agricultural Mortgage (AGM)	8.6×
T. Rowe Price (TROW)	8.6×
First Financial (THFF)	8.3×
Old Republic International (ORI)	8.0×
1st Source (SRCE)	8.0×
Auburn National Bancorporation (AUBN)	7.7×
Eagle Financial Services (EFSI)	7.5×
PayPal (PYPL)	7.5×
Assurant (AIZ)	7.5×
Cincinnati Financial (CINF)	7.1×
Alerus Financial (ALRS)	7.0×
American Financial Group (AFG)	6.8×
Hartford Insurance Group (HIG)	6.5×
Travelers Companies (TRV)	6.3×
Invesco (IVZ)	6.1×
Arch Capital Group (ACGL)	5.9×
Principal Financial Group (PFG)	5.5×
Allstate (ALL)	4.7×
Everest Group (EG)	4.6×
Capital One Financial (COF)	3.9×
Prudential Financial (PRU)	3.5×
Mercury General (MCY)	3.4×
MetLife (MET)	2.8×
StoneX Group (SNEX)	0.8×

P/FCF Ratio for Globe Life (GL) 2002-2026

P/FCF Ratio daily chart for Globe Life (GL)

Historical P/FCF Ratio for Globe Life (GL) from 2002 to 2025

About P/FCF Ratio at Globe Life (GL)

Globe Life P/FCF Ratio by Year

Globe Life P/FCF Ratio 2025: 9.0×

Globe Life P/FCF Ratio 2024: 7.0×

Globe Life P/FCF Ratio 2023: 8.0×

Globe Life P/FCF Ratio 2022: 8.4×

Globe Life P/FCF Ratio 2021: 6.7×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Globe Life (GL) Key Financials