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 $250.82 per share. The share price was $163.46 on November 10, 2026, 35% 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% | $143.68 | -12% |
| Base | 5.0% | 9.0% | $250.82 | +53% |
| Bull | 10.0% | 8.0% | $450.87 | +176% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $327.48 | $350.82 | $379.34 | $414.98 | $460.82 |
| 8.0% | $270.33 | $285.46 | $303.34 | $324.80 | $351.03 |
| 9.0% | $228.54 | $238.88 | $250.82 | $264.75 | $281.21 |
| 10.0% | $196.68 | $204.04 | $212.37 | $221.90 | $232.90 |
| 11.0% | $171.61 | $177.00 | $183.03 | $189.81 | $197.50 |
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