Total Debt for Globe Life (GL)
According to Globe Life's latest reported financial statements, the company's latest reported total debt is $2.63B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$2.63B
YoY change
-4.2%
5Y CAGR
+6.4%
Peak year (2024)
$2.74B
Latest annual
$2.63B
Total Debt history chart for Globe Life (GL) from 1985 to 2025
Total Debt history table for Globe Life (GL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $2.63B | -4.2% | ||
| 2024 | $2.74B | +29.5% | ||
| 2023 | $2.12B | +1.9% | ||
| 2022 | $2.08B | +2.5% | ||
| 2021 | $2.03B | +5.4% | ||
| 2020 | $1.92B | +16.7% | ||
| 2019 | $1.65B | -1.0% | ||
| 2018 | $1.67B | +14.0% | ||
| 2017 | $1.46B | +4.5% | ||
| 2016 | $1.40B | +13.3% | ||
| 2015 | $1.23B | +0.3% | ||
| 2014 | $1.23B | +0.9% | ||
| 2013 | $1.22B | -6.8% | ||
| 2012 | $1.31B | +28.9% | ||
| 2011 | $1.02B | +2.7% | ||
| 2010 | $988.52M | -14.3% | ||
| 2009 | $1.15B | +12.3% | ||
| 2008 | $1.03B | +11.1% | ||
| 2007 | $924.49M | +3.7% | ||
| 2006 | $891.69M | -22.4% | ||
| 2005 | $1.15B | +10.5% | ||
| 2004 | $1.04B | +18.7% | ||
| 2003 | $875.85M | +16.3% | ||
| 2002 | $753.04M | +1.7% | ||
| 2001 | $740.19M | +6.5% | ||
| 2000 | $695.14M | -12.0% | ||
| 1999 | $789.95M | +6.9% | ||
| 1998 | $738.81M | -18.9% | ||
| 1997 | $911.45M | +9.4% | ||
| 1996 | $832.79M | -15.1% | ||
| 1995 | $981.36M | -6.3% | ||
| 1994 | $1.05B | +16.5% | ||
| 1993 | $899.30M | +16.1% | ||
| 1992 | $774.70M | +14.2% | ||
| 1991 | $678.60M | +28.0% | ||
| 1990 | $530.10M | -15.1% | ||
| 1989 | $624.20M | +25.5% | ||
| 1988 | $497.50M | +65.8% | ||
| 1987 | $300.10M | +98.3% | ||
| 1986 | $151.30M | -7.6% | ||
| 1985 | $163.80M | — |
Total Debt values are taken from Globe Life's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Globe Life (GL) total debt is $2.63B – edged down 4.2% year-over-year.
Globe Life total debt has recorded the values shown across consecutive periods, with a +6.4% compound annual growth rate over 2020–2025 (5 years).
The highest annual total debt of $2.74B was reported in 2024. The lowest in the available history was $151.30M in 1986.
Globe Life (GL) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $395.81B.
Globe Life Total Debt by Year
Globe Life Total Debt 2025: $2.63B
Globe Life total debt in 2025 was $2.63B, edged down 4.2% below 2024.
Globe Life Total Debt 2024: $2.74B
Globe Life total debt in 2024 was $2.74B, grew 29.5% from 2023. This figure represents the highest annual value in the available history.
Globe Life Total Debt 2023: $2.12B
Globe Life total debt in 2023 was $2.12B, edged up 1.9% from 2022.
Globe Life Total Debt 2022: $2.08B
Globe Life total debt in 2022 was $2.08B, edged up 2.5% from 2021.
Globe Life Total Debt 2021: $2.03B
Globe Life total debt in 2021 was $2.03B.
See more financial history for Globe Life (GL).
Sector peers — Total Debt
Companies in the same sector as Globe Life, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $942.38B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $609.53B | Financial Services |
| Morgan Stanley (MS) | $475.56B | Financial Services |
| Wells Fargo & Company (WFC) | $425.72B | Financial Services |
| Bank of America Corporation (BAC) | $365.90B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $138.95B | Financial Services |
| Visa Inc. (V) | $25.17B | Financial Services |
| Mastercard Incorporated (MA) | $19.00B | Financial Services |
Frequently asked questions
What is Globe Life's total debt?
- Latest reported total debt for Globe Life (GL) is $2.63B (period ending December 31, 2025).
How has Globe Life total debt changed year-over-year?
- Globe Life (GL) total debt changed -4.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Globe Life total debt?
- Globe Life (GL) total debt compound annual growth rate is +6.4% over the most recent 5 years available.
When did Globe Life total debt hit its highest annual value?
- Globe Life total debt reached its highest annual value of $2.74B in 2024.
What was Globe Life total debt in 2024?
- Globe Life (GL) total debt in 2024 was $2.74B.
What was Globe Life total debt in 2025?
- Globe Life (GL) total debt in 2025 was $2.63B.
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