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Globe LifeGL +1.68%85 Earnings Yield (Joel Greenblatt) % is 11.93% as of Mar. 2026, which is 30% above its 10-year median of 9.17. GuruFocus rates GL with a GF Score™ of 85/100 and a GF Value™ of $148.89 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 512 Insurance companies, Globe Life ranks better than 60.94% on this metric.
Globe Life's Enterprise Value for the quarter that ended in Mar. 2026 was $13,363 Mil.
Globe Life's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,594 Mil. Globe Life's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 11.93%.
The historical rank and industry rank for Globe Life's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
GL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.22 Med: 9.17 Max: 16.97
Current: 9.46
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Globe Life was 16.97%. The lowest was 7.22%. And the median was 9.17%.
GL's Earnings Yield (Joel Greenblatt) % is ranked better than 60.94% of 512
companies
in the Insurance industry
Industry Median: 6.95
vs GL: 9.46
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Globe Life's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 23.47%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Globe Life (NYSE:GL) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Globe Life Earnings Yield (Joel Greenblatt) % Related Terms
Globe Life Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Globe Life's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Globe Life Earnings Yield (Joel Greenblatt) % Chart
For the Insurance - Life subindustry, Globe Life's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Globe Life Earnings Yield (Joel Greenblatt) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Globe Life's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Globe Life's Earnings Yield (Joel Greenblatt) % falls into.
Globe Life Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Globe Lifes Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Globe Life's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,594 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 11.93% mean?
Globe Life (GL) has a Earnings Yield (Joel Greenblatt) % of 11.93% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Globe Life and its competitors. This is 30% above median its historical median of 9.17. Over the past decade, Globe Life's Earnings Yield (Joel Greenblatt) % has ranged from 7.22 to 16.97. According to the industry distribution chart, Globe Life ranks #200 out of 512 companies in the Insurance industry, placing it in the top 39.1%.
Is Globe Life's Earnings Yield (Joel Greenblatt) % too high?
Globe Life's current Earnings Yield (Joel Greenblatt) % of 11.93% is 30% above median its 10-year median of 9.17. Over the past 10 years, this metric has ranged from a low of 7.22 to a high of 16.97. The Insurance industry median Earnings Yield (Joel Greenblatt) % is 6.95. Globe Life's value of 11.93% is 71.7% above this industry median. Based on the distribution chart, Globe Life ranks #200 out of 512 companies in the Insurance industry, which is above the industry midpoint. Overall, Globe Life has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globe Life's Earnings Yield (Joel Greenblatt) % compare to UNM and PRI?
According to the Insurance industry distribution chart, Globe Life ranks #200 out of 512 companies for Earnings Yield (Joel Greenblatt) %. This puts Globe Life in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.95. Globe Life's value of 11.93% is 71.7% above this benchmark. Historically, Globe Life's own Earnings Yield (Joel Greenblatt) % has ranged from 7.22 to 16.97 over the past decade. While the company's 10-year median is 9.17 vs. the industry median of 6.95, Globe Life has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Insurance company?
The median Earnings Yield (Joel Greenblatt) % among Insurance companies is 6.95, based on 512 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globe Life's current Earnings Yield (Joel Greenblatt) % of 11.93% is 71.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Globe Life and its competitors. For the Insurance industry, the median Earnings Yield (Joel Greenblatt) % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Life's current Earnings Yield (Joel Greenblatt) % is 11.93%, which is 30% above median its own 10-year median of 9.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Life stock overvalued right now?
Based on GuruFocus' analysis, Globe Life (GL) is currently considered Modestly Overvalued. The stock's GF Value™ is $148.89, compared to a current price of $184.56 — trading 24% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 11.93%, which is 30% above median its 10-year median of 9.17 and 71.7% above the Insurance industry median of 6.95. Globe Life's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Globe Life (GL), the current Earnings Yield (Joel Greenblatt) % is 11.93% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Globe Life (GL) Overvalued in 2026?
Based on GuruFocus' analysis, Globe Life stock appears to be overvalued.
The current stock price of $184.56 is trading 24% above its estimated GF Value™ of $148.89.
GuruFocus considers Globe Life to be Modestly Overvalued.
Key valuation signals for GL:
Earnings Yield (Joel Greenblatt) %: 11.93% (30% above median its 10-year median of 9.17)
GF Value™: $148.89 vs. price of $184.56 (24% above fair value)
Industry Position: 71.7% above the Insurance median (#200 of 512)
No single metric tells the full story. See the GL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into three reportable segments: life insurance, supplemental health insurance and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
85GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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