As of today (2024-04-28), Globe Life's share price is $75.75.
Globe Life's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $14.85. Hence, Globe Life's Price-to-Free-Cash-Flow Ratio for today is 5.10.
The historical rank and industry rank for Globe Life's Price-to-Free-Cash-Flow or its related term are showing as below:
GL'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 3.98 Med: 7.24 Max: 9.35
Current: 5.1
During the past 13 years, Globe Life's highest Price-to-Free-Cash-Flow Ratio was 9.35. The lowest was 3.98. And the median was 7.24.
GL's Price-to-Free-Cash-Flow is ranked better than 68.7% of 345
companies
in the Insurance industry
Industry Median: 8.62
vs GL: 5.10
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Globe Life was 5.60% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 3.60% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 6.40% per year.
During the past 10 years, the average Free Cash Flow per Share Growth Rate was 7.60% per year.
During the past 13 years, Globe Life's highest 3-Year average Free Cash Flow per Share Growth Rate was 197.60% per year. The lowest was -63.80% per year. And the median was 9.45% per year.
Globe Life Price-to-Free-Cash-Flow Historical Data
The historical data trend for Globe Life's Price-to-Free-Cash-Flow 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.
Competitive Comparison of Globe Life's Price-to-Free-Cash-Flow
For the Insurance - Life subindustry, Globe Life's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Globe Life's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Globe Life's Price-to-Free-Cash-Flow falls into.
Globe Life Price-to-Free-Cash-Flow Calculation
Globe Life's Price-to-Free-Cash-Flow ratio for today is calculated as
Globe Life's Share Price of today is $75.75. Globe Life's Free Cash Flow per Share 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 $14.85.
* 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.
It can also be calculated from the numbers for the whole company:
Globe Life (NYSE:GL) Price-to-Free-Cash-Flow Explanation
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Globe Life Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Globe Life's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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