What is Globe Life Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Globe Life Inc.'s reported free cash flow gives $250.84 per share. The share price was $167.04 on September 25, 2026, 33% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 0.0% | 10.0% | $143.70 | -14% |
| Base | 5.0% | 9.0% | $250.84 | +50% |
| Bull | 10.0% | 8.0% | $450.89 | +170% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $327.50 | $350.84 | $379.35 | $415.00 | $460.84 |
| 8.0% | $270.35 | $285.48 | $303.36 | $324.82 | $351.05 |
| 9.0% | $228.56 | $238.90 | $250.84 | $264.77 | $281.23 |
| 10.0% | $196.70 | $204.06 | $212.39 | $221.92 | $232.92 |
| 11.0% | $171.63 | $177.02 | $183.05 | $189.83 | $197.52 |
Where the presets come from
Base: years 1 to 5 grow at Globe Life Inc.'s revenue growth rate over the last 5 fiscal years (4.8% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions