GL (Globe Life) Scaled Net Operating Assets: -0.30 (As of Mar. 2026)


GL Globe Life Inc GL
85 GF Score
Price $179.31
GF Value $149.69
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Globe Life Scaled Net Operating Assets?

Globe Life GL +1.65% 85 Scaled Net Operating Assets is -0.30 as of Mar. 2026. 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Globe Life's operating assets for the quarter that ended in Mar. 2026 was $12,947 Mil. Globe Life's operating liabilities for the quarter that ended in Mar. 2026 was $22,103 Mil. Globe Life's Total Assets for the quarter that ended in Dec. 2025 was $30,814 Mil. Therefore, Globe Life's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.30.

GL
85GF Score
Globe Life Inc GL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Globe Life Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Globe Life's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(30668.988-22213.664)/29076.181
=0.29

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=30813.692 - 144.704
=30668.988

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24839.113 - 2320.793 - 304.656
=22213.664

Globe Life's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(12947.476-22102.671)/30813.692
=-0.30

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=30965.851 - 18018.375
=12947.476

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24881.255 - 2321.537 - 457.047
=22102.671

* 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 Scaled Net Operating Assets of -0.30 mean?
Globe Life (GL) has a Scaled Net Operating Assets of -0.30 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Globe Life and its competitors.
Is Globe Life's Scaled Net Operating Assets too high?
Globe Life's current Scaled Net Operating Assets is -0.30. 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 Scaled Net Operating Assets compare to UNM and PRI?
Globe Life's Scaled Net Operating Assets of -0.30 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Globe Life and its competitors. Globe Life's current Scaled Net Operating Assets is -0.30. 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 Scaled Net Operating Assets is -0.30. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Globe Life (GL), the current Scaled Net Operating Assets is -0.30 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:

  • Scaled Net Operating Assets: -0.30
  • GF Value™: $149.69 vs. price of $179.31 (19.8% above fair value)
  • GF Score™: 85/100 with 9 warning signs

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 Business Description

Other Exchanges TMJ:GermanyG1LL34:Brazil
Address 7677 Henneman Way, McKinney, TX, USA, 75070
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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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$179.31
Price
$149.69
GF Value