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Globe LifeGL -0.40%85 Forward Rate of Return (Yacktman) % is 23.47% as of Mar. 2026, which is 12% above its 10-year median of 21.00. GuruFocus rates GL with a GF Score™ of 85/100 and a GF Value™ of $149.25 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 279 Insurance companies, Globe Life ranks better than 60.93% on this metric.
Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Globe Life's forward rate of return for was 23.47%.
The historical rank and industry rank for Globe Life's Forward Rate of Return (Yacktman) % or its related term are showing as below:
GL'
s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 14.53 Med: 21 Max: 34.96
Current: 20.97
During the past 13 years, Globe Life's highest Forward Rate of Return was 34.96. The lowest was 14.53. And the median was 21.00.
GL's Forward Rate of Return (Yacktman) % is ranked better than 60.93% of 279
companies
in the Insurance industry
Industry Median: 16.99
vs GL: 20.97
Unlike the Earnings Yield %, 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) Forward Rate of Return (Yacktman) % Explanation
Unlike the Earnings Yield, 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.
For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over five years. The reason we use five years is to make it comparable to the growth rate.
Be Aware
In the Forward Rate of Return calculation, the growth rate is added directly to today's free cash flow yield. Therefore the calculation is reliable only if the company can grow at the same rate in the future as it did in the past. Investors should pay close attention to this when researching growth stocks. A more accurate measurement for return is Return on Capital.
Globe Life Forward Rate of Return (Yacktman) % Related Terms
Globe Life Forward Rate of Return (Yacktman) % Historical Data
* Premium members only.
The historical data trend for Globe Life's Forward Rate of Return (Yacktman) % 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 Forward Rate of Return (Yacktman) % Chart
GL vs UNM, PRI, JXN: Forward Rate of Return (Yacktman) % Comparison
For the Insurance - Life subindustry, Globe Life's Forward Rate of Return (Yacktman) %, along with its competitors' market caps and Forward Rate of Return (Yacktman) % 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 Forward Rate of Return (Yacktman) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Globe Life's Forward Rate of Return (Yacktman) % distribution charts can be found below:
* The bar in red indicates where Globe Life's Forward Rate of Return (Yacktman) % falls into.
Globe Life Forward Rate of Return (Yacktman) % Calculation
Forward Rate of Return is a concept that Don Yacktman uses in his investment approach. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. He said in the interview (March 2012, when the S&P 500 was at about 1400):
If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.
The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).
Globe Life's Forward Rate of Return of Mar. 2026 is
Forward Rate of Return
=
Normalized Free Cash Flow
/
Price
+
5-Year EBITDA Growth Rate
=
14.10628571
/
178.68
+
0.1251
=
20.40 %
* 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.
What does a Forward Rate of Return (Yacktman) % of 23.47% mean?
Globe Life (GL) has a Forward Rate of Return (Yacktman) % of 23.47% as of Mar. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Globe Life and its competitors. This is 12% above median its historical median of 21.00. Over the past decade, Globe Life's Forward Rate of Return (Yacktman) % has ranged from 14.53 to 34.96. According to the industry distribution chart, Globe Life ranks #109 out of 279 companies in the Insurance industry, placing it in the top 39.1%.
Is Globe Life's Forward Rate of Return (Yacktman) % too high?
Globe Life's current Forward Rate of Return (Yacktman) % of 23.47% is 12% above median its 10-year median of 21.00. Over the past 10 years, this metric has ranged from a low of 14.53 to a high of 34.96. The Insurance industry median Forward Rate of Return (Yacktman) % is 16.99. Globe Life's value of 23.47% is 38.1% above this industry median. Based on the distribution chart, Globe Life ranks #109 out of 279 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 Forward Rate of Return (Yacktman) % compare to UNM and PRI?
According to the Insurance industry distribution chart, Globe Life ranks #109 out of 279 companies for Forward Rate of Return (Yacktman) %. This puts Globe Life in the upper half of its industry. The industry median Forward Rate of Return (Yacktman) % is 16.99. Globe Life's value of 23.47% is 38.1% above this benchmark. Historically, Globe Life's own Forward Rate of Return (Yacktman) % has ranged from 14.53 to 34.96 over the past decade. While the company's 10-year median is 21.00 vs. the industry median of 16.99, 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 Forward Rate of Return (Yacktman) % for an Insurance company?
The median Forward Rate of Return (Yacktman) % among Insurance companies is 16.99, based on 279 companies in the industry. Companies in the top quartile (top 25%) have a Forward Rate of Return (Yacktman) % significantly above this median, while those in the bottom quartile fall well below. However, Forward Rate of Return (Yacktman) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globe Life's current Forward Rate of Return (Yacktman) % of 23.47% is 38.1% 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 Forward Rate of Return (Yacktman) % mean?
A high Forward Rate of Return (Yacktman) % can signal that a stock is expensive relative to its fundamentals. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Globe Life and its competitors. For the Insurance industry, the median Forward Rate of Return (Yacktman) % is 16.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Life's current Forward Rate of Return (Yacktman) % is 23.47%, which is 12% above median its own 10-year median of 21.00. 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 $149.25, compared to a current price of $182.25 — trading 22.1% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 23.47%, which is 12% above median its 10-year median of 21.00 and 38.1% above the Insurance industry median of 16.99. 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 Forward Rate of Return (Yacktman) % calculated?
Forward Rate of Return (Yacktman) % is calculated from a company's financial statements. For Globe Life (GL), the current Forward Rate of Return (Yacktman) % is 23.47% 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 $182.25 is trading 22.1% above its estimated GF Value™ of $149.25.
GuruFocus considers Globe Life to be Modestly Overvalued.
Key valuation signals for GL:
Forward Rate of Return (Yacktman) %: 23.47% (12% above median its 10-year median of 21.00)
GF Value™: $149.25 vs. price of $182.25 (22.1% above fair value)
Industry Position: 38.1% above the Insurance median (#109 of 279)
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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Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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