Globe Life (GL) Enterprise Value
Price: $119.50
Market Cap: $9.95B
Avg Volume: 674.82K
Market Cap: $9.95B
Avg Volume: 674.82K
Country: US
Industry: Insurance - Life
Sector: Financial Services
Industry: Insurance - Life
Sector: Financial Services
Enterprise Value Summary (Quarterly)
According to Globe Life's latest quarterly financial reports:
- The enterprise value (EV) is 11.94B, which includes the market capitalization, debt, and subtracts cash and cash equivalents. EV provides a more comprehensive measure of a company's total value.
- The market capitalization is 9.36B, which is calculated by multiplying the current share price by the total number of outstanding shares.
- The stock price is $111.52, with 83.95M shares outstanding.
- The company has 165.32M in cash and cash equivalents and 2.74B in total debt.
Enterprise Value (EV) Formula:
EV = Market Cap + Total Debt - Cash and Cash Equivalents
Enterprise value is often used instead of market cap because it provides a more accurate valuation of a company by including debt and subtracting cash, giving a fuller picture of the company's total value.
Enterprise Value
$11.94B
Market Cap
$9.36B
Total Debt
$2.74B
Cash and Equivalents
$165.32M
Historical Enterprise Value
Globe Life Historical Enterprise Values
The table below shows various enterprise value metrics for each quarter, with the latest data available for 2024-12-31.
| Date | Enterprise Value | EV Change (%) | Stock Price | Number of Shares | Market Cap | Cash & Equivalents | Total Debt |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | $11.94B | 0.02% | $111.52 | 83.95M | $9.36B | $165.32M | $2.74B |
| September 30, 2024 | $11.93B | 19.67% | $105.91 | 87.87M | $9.31B | $134.55M | $2.76B |
| June 30, 2024 | $9.97B | -23.25% | $82.83 | 93.87M | $7.77B | $87.91M | $2.29B |
| March 31, 2024 | $12.99B | -3.53% | $114.13 | 93.87M | $10.71B | $83.55M | $2.36B |
| December 31, 2023 | $13.47B | 8.17% | $121.72 | 94.11M | $11.46B | $103.16M | $2.12B |
| September 30, 2023 | $12.45B | 0.15% | $108.73 | 94.64M | $10.29B | $85.55M | $2.25B |
| June 30, 2023 | $12.43B | -1.14% | $109.62 | 95.33M | $10.45B | $75.01M | $2.06B |
| March 31, 2023 | $12.58B | -8.10% | $110.02 | 96.39M | $10.60B | $172.11M | $2.14B |
| December 31, 2022 | $13.68B | 17.22% | $120.55 | 97.05M | $11.70B | $92.56M | $2.08B |
| September 30, 2022 | $11.67B | 1.30% | $99.7 | 97.26M | $9.70B | $85.59M | $2.06B |
| June 30, 2022 | $11.52B | -3.39% | $97.47 | 98.22M | $9.57B | $172.26M | $2.12B |
| March 31, 2022 | $11.93B | 5.04% | $100.6 | 99.27M | $9.99B | $127.63M | $2.07B |
| December 31, 2021 | $11.36B | 4.38% | $93.72 | 100.54M | $9.42B | $92.16M | $2.03B |
| September 30, 2021 | $10.88B | -8.64% | $89.03 | 101.50M | $9.04B | $96.33M | $1.94B |
| June 30, 2021 | $11.91B | 0.40% | $95.25 | 102.90M | $9.80B | $138.07M | $2.25B |
| March 31, 2021 | $11.86B | 1.18% | $96.63 | 103.48M | $10.00B | $81.50M | $1.94B |
| December 31, 2020 | $11.72B | 13.29% | $94.96 | 104.20M | $9.90B | $94.85M | $1.92B |
| September 30, 2020 | $10.35B | 4.63% | $79.9 | 106.15M | $8.48B | $80.10M | $1.95B |
| June 30, 2020 | $9.89B | 4.82% | $74.23 | 106.44M | $7.90B | $114.03M | $2.10B |
| March 31, 2020 | $9.44B | -27.15% | $71.97 | 107.29M | $7.72B | $90.37M | $1.80B |
| December 31, 2019 | $12.95B | 8.26% | $105.25 | 108.13M | $11.38B | $75.93M | $1.65B |
| September 30, 2019 | $11.96B | 3.83% | $95.76 | 109.09M | $10.45B | $66.67M | $1.58B |
| June 30, 2019 | $11.52B | 6.20% | $91.13 | 109.74M | $10.00B | $89.32M | $1.61B |
| March 31, 2019 | $10.85B | 10.12% | $84.16 | 110.12M | $9.27B | $67.34M | $1.65B |
| December 31, 2018 | $9.85B | -15.33% | $74.53 | 111.49M | $8.31B | $121.03M | $1.67B |
| September 30, 2018 | $11.64B | 9.81% | $86.52 | 112.58M | $9.74B | $77.44M | $1.97B |
| June 30, 2018 | $10.60B | -4.04% | $81.41 | 112.88M | $9.19B | $82.23M | $1.49B |
| March 31, 2018 | $11.04B | -6.21% | $84.17 | 114.47M | $9.64B | $88.61M | $1.50B |
| December 31, 2017 | $11.77B | 10.71% | $90.71 | 115.01M | $10.43B | $118.56M | $1.46B |
| September 30, 2017 | $10.63B | 3.60% | $80.09 | 115.91M | $9.28B | $88.46M | $1.44B |
| June 30, 2017 | $10.27B | -2.55% | $76.5 | 116.67M | $8.93B | $97.65M | $1.44B |
| March 31, 2017 | $10.53B | 4.75% | $77.04 | 118.58M | $9.14B | $61.75M | $1.46B |
| December 31, 2016 | $10.06B | 12.46% | $73.76 | 118.42M | $8.73B | $76.16M | $1.40B |
| September 30, 2016 | $8.94B | 1.75% | $63.89 | 119.69M | $7.65B | $104.90M | $1.40B |
| June 30, 2016 | $8.79B | 11.70% | $61.82 | 120.00M | $7.42B | $49.68M | $1.42B |
| March 31, 2016 | $7.87B | -3.06% | $54.16 | 121.48M | $6.58B | $12.76M | $1.30B |
| December 31, 2015 | $8.12B | -2.47% | $57.16 | 121.48M | $6.94B | $61.38M | $1.23B |
| September 30, 2015 | $8.32B | -3.71% | $56.4 | 124.46M | $7.02B | $59.48M | $1.36B |
| June 30, 2015 | $8.64B | 5.01% | $58.22 | 125.82M | $7.33B | $62.85M | $1.38B |
| March 31, 2015 | $8.23B | 2.23% | $54.92 | 127.12M | $6.98B | $3.09M | $1.25B |
| December 31, 2014 | $8.05B | 0.36% | $54.17 | 127.12M | $6.89B | $66.02M | $1.23B |
| September 30, 2014 | $8.02B | -4.52% | $52.37 | 129.97M | $6.81B | $67.00M | $1.28B |
| June 30, 2014 | $8.40B | 2.42% | $54.61 | 131.49M | $7.18B | $45.80M | $1.27B |
| March 31, 2014 | $8.20B | 1.01% | $52.47 | 133.16M | $6.99B | $40.02M | $1.26B |
| December 31, 2013 | $8.12B | 4.35% | $52.1 | 133.16M | $6.94B | $36.94M | $1.22B |
| September 30, 2013 | $7.78B | 5.68% | $48.23 | 136.90M | $6.60B | $38.79M | $1.22B |
| June 30, 2013 | $7.36B | 6.76% | $43.89 | 138.29M | $6.07B | $44.94M | $1.34B |
| March 31, 2013 | $6.90B | 13.40% | $39.64 | 140.37M | $5.56B | $25.26M | $1.36B |
| December 31, 2012 | $6.08B | 3.67% | $34.45 | 140.37M | $4.84B | $61.71M | $1.31B |
| September 30, 2012 | $5.87B | -1.19% | $34.21 | 142.69M | $4.88B | $298.83M | $1.29B |
| June 30, 2012 | $5.94B | 0.22% | $33.7 | 145.34M | $4.90B | $70.67M | $1.11B |
| March 31, 2012 | $5.93B | 12.35% | $33.23 | 150.10M | $4.99B | $78.30M | $1.02B |
| December 31, 2011 | $5.27B | 17.39% | $28.93 | 150.10M | $4.34B | $84.11M | $1.02B |
| September 30, 2011 | $4.49B | -20.44% | $23.24 | 157.17M | $3.65B | $175.96M | $1.02B |
| June 30, 2011 | $5.65B | -4.04% | $28.51 | 166.52M | $4.75B | $90.23M | $989.96M |
| March 31, 2011 | $5.88B | 11.55% | $29.55 | 175.23M | $5.18B | $283.67M | $990.31M |
| December 31, 2010 | $5.28B | 0.66% | $26.55 | 175.23M | $4.65B | $365.68M | $988.52M |
| September 30, 2010 | $5.24B | -26.97% | $23.62 | 181.75M | $4.29B | $30.00M | $977.87M |
| June 30, 2010 | $7.18B | 30.17% | $22 | 276.81M | $6.09B | $27.29M | $1.11B |
| March 31, 2010 | $5.51B | 20.91% | $23.78 | 186.40M | $4.43B | $39.94M | $1.12B |
| December 31, 2009 | $4.56B | -0.34% | $19.53 | 186.28M | $3.64B | $231.92M | $1.15B |
| September 30, 2009 | $4.58B | 14.91% | $19.3 | 186.18M | $3.59B | $171.52M | $1.15B |
| June 30, 2009 | $3.98B | 26.39% | $16.46 | 186.15M | $3.06B | $339.61M | $1.26B |
| March 31, 2009 | $3.15B | -33.41% | $11.66 | 188.72M | $2.20B | $46.69M | $996.46M |
| December 31, 2008 | $4.73B | -23.16% | $19.87 | 188.72M | $3.75B | $46.40M | $1.03B |
| September 30, 2008 | $6.16B | 3.43% | $26.58 | 195.79M | $5.20B | $16.50M | $968.68M |
| June 30, 2008 | $5.95B | -7.20% | $26.07 | 201.29M | $5.25B | $18.22M | $722.67M |
| March 31, 2008 | $6.41B | 0.12% | $26.72 | 204.27M | $5.46B | $7.94M | $963.66M |
| December 31, 2007 | $6.41B | -5.96% | $26.9 | 204.53M | $5.50B | $20.10M | $924.49M |
| September 30, 2007 | $6.81B | -7.12% | $28.26 | 208.60M | $5.90B | $9.07M | $926.46M |
| June 30, 2007 | $7.33B | 1.12% | $29.78 | 213.67M | $6.36B | $14.10M | $985.65M |
| March 31, 2007 | $7.25B | 2.50% | $29.15 | 218.83M | $6.38B | $328.00K | $874.94M |
| December 31, 2006 | $7.08B | -3.38% | $28.34 | 218.83M | $6.20B | $16.72M | $891.69M |
| September 30, 2006 | $7.32B | -0.81% | $28.05 | 222.48M | $6.24B | $25.16M | $1.11B |
| June 30, 2006 | $7.38B | 3.96% | $26.99 | 223.90M | $6.04B | $12.70M | $1.35B |
| March 31, 2006 | $7.10B | 3.77% | $25.38 | 231.30M | $5.87B | $6.34M | $1.24B |
| December 31, 2005 | $6.84B | 2.07% | $24.71 | 231.30M | $5.72B | $19.30M | $1.15B |
| September 30, 2005 | $6.71B | 0.85% | $23.48 | 234.96M | $5.52B | $5.60M | $1.19B |
| June 30, 2005 | $6.65B | 0.73% | $23.2 | 236.37M | $5.48B | $11.67M | $1.18B |
| March 31, 2005 | $6.60B | - | $23.2 | 238.87M | $5.54B | $8.90M | $1.07B |
Related Metrics
Explore detailed financial metrics and analysis for GL.