Globe LifeGL +1.65%85 Return-on-Tangible-Equity is 19.54% as of Mar. 2026, which is 32% above its 10-year median of 14.80. GuruFocus rates GL with a GF Score™ of 85/100 and a GF Value™ of $149.69 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 497 Insurance companies, Globe Life ranks better than 72.03% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Globe Life's annualized net income for the quarter that ended in Mar. 2026 was $1,082 Mil. Globe Life's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $5,539 Mil. Therefore, Globe Life's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.54%.
The historical rank and industry rank for Globe Life's Return-on-Tangible-Equity or its related term are showing as below:
GL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.64 Med: 14.8 Max: 29.34
Current: 22.52
During the past 13 years, Globe Life's highest Return-on-Tangible-Equity was 29.34%. The lowest was 9.64%. And the median was 14.80%.
GL's Return-on-Tangible-Equity is ranked better than 72.03% of 497
companies
in the Insurance industry
Industry Median: 13.54
vs GL: 22.52
Globe Life (NYSE:GL) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Globe Life Return-on-Tangible-Equity Related Terms
Globe Life Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Globe Life's Return-on-Tangible-Equity 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.
GL vs UNM, PRI, JXN: Return-on-Tangible-Equity Comparison
For the Insurance - Life subindustry, Globe Life's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Globe Life's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Globe Life's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 19.54% mean?
Globe Life (GL) has a Return-on-Tangible-Equity of 19.54% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Globe Life and its competitors. This is 32% above median its historical median of 14.80. Over the past decade, Globe Life's Return-on-Tangible-Equity has ranged from 9.64 to 29.34. According to the industry distribution chart, Globe Life ranks #139 out of 497 companies in the Insurance industry, placing it in the top 28%.
Is Globe Life's Return-on-Tangible-Equity too high?
Globe Life's current Return-on-Tangible-Equity of 19.54% is 32% above median its 10-year median of 14.80. Over the past 10 years, this metric has ranged from a low of 9.64 to a high of 29.34. The Insurance industry median Return-on-Tangible-Equity is 13.54. Globe Life's value of 19.54% is 44.3% above this industry median. Based on the distribution chart, Globe Life ranks #139 out of 497 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 Return-on-Tangible-Equity compare to UNM and PRI?
According to the Insurance industry distribution chart, Globe Life ranks #139 out of 497 companies for Return-on-Tangible-Equity. This puts Globe Life in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.54. Globe Life's value of 19.54% is 44.3% above this benchmark. Historically, Globe Life's own Return-on-Tangible-Equity has ranged from 9.64 to 29.34 over the past decade. While the company's 10-year median is 14.80 vs. the industry median of 13.54, 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 Return-on-Tangible-Equity for an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.54, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globe Life's current Return-on-Tangible-Equity of 19.54% is 44.3% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Globe Life and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Life's current Return-on-Tangible-Equity is 19.54%, which is 32% above median its own 10-year median of 14.80. 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 $149.69, compared to a current price of $179.31 — trading 19.8% above its estimated fair value. The current Return-on-Tangible-Equity is 19.54%, which is 32% above median its 10-year median of 14.80 and 44.3% above the Insurance industry median of 13.54. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Globe Life (GL), the current Return-on-Tangible-Equity is 19.54% 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 $179.31 is trading 19.8% above its estimated GF Value™ of $149.69.
GuruFocus considers Globe Life to be Modestly Overvalued.
Key valuation signals for GL:
Return-on-Tangible-Equity: 19.54% (32% above median its 10-year median of 14.80)
GF Value™: $149.69 vs. price of $179.31 (19.8% above fair value)
Industry Position: 44.3% above the Insurance median (#139 of 497)
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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