Globe Life Balance Sheet
NYSE: GLFinancial ServicesInsurance - LifeUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Globe Life financial position
At the end of fiscal 2025, Globe Life reported total assets of $30.81 billion, up 6.0% from a year earlier against total liabilities of $24.84 billion. Shareholders' equity stood at $5.97 billion, or 19.4% of assets. The company held $144.7 million in cash and equivalents against $2.63 billion of debt, a net debt position of $2.48 billion.
Debt-to-equity was 0.44.
Summary generated from market data by MetaCap's automated system. Methodology
Globe Life balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 144.70M | 165.32M | 103.16M | 92.56M | 92.16M | 94.85M | 75.93M | 121.03M | 118.56M | 76.16M |
| Short-Term Investments | 314.71M | 85.03M | 81.74M | 114.12M | 69.14M | 107.78M | 38.28M | 63.29M | 127.07M | 72.04M |
| Property, Plant & Equipment | 369.53M | 284.27M | 239.90M | 211.73M | — | — | — | — | — | — |
| Goodwill | 490.45M | 490.45M | 481.79M | 481.79M | 481.79M | 441.59M | 441.59M | 441.59M | 441.59M | 441.59M |
| Total Assets | 30.81B | 29.08B | 28.05B | 25.99B | 29.77B | 29.05B | 25.98B | 23.10B | 23.47B | 21.44B |
| Short-Term Debt | 304.66M | 415.40M | 486.11M | 614.60M | 629.40M | 254.92M | 308.11M | 314.72M | 332.44M | 266.35M |
| Long-Term Debt | 2.32B | 2.32B | 1.63B | 1.63B | 1.55B | 1.67B | 1.35B | 1.36B | 1.13B | 1.13B |
| Total Liabilities | 24.84B | 23.77B | 23.56B | 22.04B | 21.13B | 20.28B | 18.68B | 17.68B | 17.24B | 16.87B |
| Shareholders' Equity | 5.97B | 5.31B | 4.49B | 3.95B | 2.00B | 8.77B | 7.29B | 5.42B | 6.23B | 4.57B |
| Retained Earnings | 8.55B | 8.00B | 7.48B | 6.89B | 6.18B | 5.87B | 5.55B | 5.21B | 4.81B | 3.89B |
| Total Debt | 2.63B | 2.74B | 2.12B | 2.24B | 2.18B | 1.92B | 1.66B | 1.67B | 1.46B | 1.40B |
| Net Cash (Debt) | -2.17B | -2.49B | -1.93B | -2.04B | -2.01B | -1.72B | -1.54B | -1.49B | -1.22B | -1.25B |
| Shares Outstanding | 92.22M | 97.22M | 102.22M | 105.22M | 109.22M | 113.22M | 117.22M | 121.22M | — | — |
This table shows 10 annual periods of Globe Life's balance sheet, from FY 2025 back to FY 2016, across 13 line items including cash & equivalents, short-term investments, property, plant & equipment. Values in USD; B = billions, M = millions. Fiscal periods follow GL's reporting calendar. What is a balance sheet?