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Globe Life (Globe Life) EV-to-EBIT : 6.81 (As of Apr. 29, 2024)


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What is Globe Life EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Globe Life's Enterprise Value is $9,136 Mil. Globe Life's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,341 Mil. Therefore, Globe Life's EV-to-EBIT for today is 6.81.

The historical rank and industry rank for Globe Life's EV-to-EBIT or its related term are showing as below:

GL' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.9   Med: 10.7   Max: 13.85
Current: 6.81

During the past 13 years, the highest EV-to-EBIT of Globe Life was 13.85. The lowest was 5.90. And the median was 10.70.

GL's EV-to-EBIT is ranked better than
56.47% of 317 companies
in the Insurance industry
Industry Median: 7.86 vs GL: 6.81

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Globe Life's Enterprise Value for the quarter that ended in Dec. 2023 was $13,429 Mil. Globe Life's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,341 Mil. Globe Life's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.99%.


Globe Life EV-to-EBIT Historical Data

The historical data trend for Globe Life's EV-to-EBIT 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.

* Premium members only.

Globe Life EV-to-EBIT Chart

Globe Life Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.71 11.88 8.30 11.44 10.36

Globe Life Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.62 10.60 9.88 10.36 -

Competitive Comparison of Globe Life's EV-to-EBIT

For the Insurance - Life subindustry, Globe Life's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Globe Life's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Globe Life's EV-to-EBIT falls into.



Globe Life EV-to-EBIT Calculation

Globe Life's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9135.811/1341.025
=6.81

Globe Life's current Enterprise Value is $9,136 Mil.
Globe Life's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,341 Mil.

* 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.


Globe Life  (NYSE:GL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Globe Life's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=1341.025/13428.793036
=9.99 %

Globe Life's Enterprise Value for the quarter that ended in Dec. 2023 was $13,429 Mil.
Globe Life's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,341 Mil.

* 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.


Globe Life EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Globe Life's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Globe Life (Globe Life) Business Description

Traded in Other Exchanges
Address
3700 South Stonebridge Drive, 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 four reportable segments: life insurance, supplemental health insurance, annuities, 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.
Executives
Jennifer Allison Haworth officer: EVP & Chief Marketing Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Melissa Jane Buchan director 1920 MAIN STREET, SUITE 500, IRVINE CA 92614
Dolores L Skarjune officer: EVP & Chief Admin. Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Rebecca E Zorn officer: EVP & Chief Talent Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Michael Clay Majors officer: EVP - Investor Rel. & Admin. UNITED AMERICAN INSURANCE COMPANY, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY TX 75070
Frank M Svoboda officer: EVP & CFO 3340 PECAN HOLLOW CT, GRAPEVINE TX 76051
James Matthew Darden officer: EVP, Chief Strategy Officer 2904 BELCLAIRE DRIVE, FRISCO TX 75034
Michael Shane Henrie officer: SVP & Chief Accounting Officer UNITED AMERICAN INSURANCE COMPANY, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY TX 75070
Robert Brian Mitchell officer: EVP, General Counsel and CRO 3120 HARVEY PKWY, OKLAHOMA CITY OK 73118
Cheryl Alston director 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
David A Rodriguez director 10400 FERNWOOD ROAD, BETHESDA MD 20817
Alice S Cho director P.O. BOX 30918, BILLINGS MT 59116-0918
Steven John Dichiaro other: Exec. Officer of Principal Sub 2152 SEVEN LAKES DR, LOVELAND CO 80538
Gary L Coleman director, officer: Co-Chairman & CEO
Larry M Hutchison director, officer: Co-Chaiman & CEO P O BOX 8080, MCKINNEY TX 75010

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