Globe Life Inc. (NYSE: GL) reported its financial results for the quarter ended December 31, 2025, showing increased earnings per share and continued growth in net operating income, the company said in a press release on Thursday.
The McKinney, Texas-based life and supplemental health insurance holding company said net income for Q4 2025 was $3.29 per diluted common share, up from $3.01 per diluted share in the same quarter of the prior year. Net operating income, a non-GAAP measure commonly used in the industry, was $3.39 per diluted share, compared with $3.14 per diluted share in Q4 2024.
Full Year 2025 Results
For the full year ended December 31, 2025, Globe Life reported net income of $14.07 per diluted share, rising from $11.94 per diluted share in 2024. Net operating income for 2025 was $14.52 per diluted share, compared with $12.37 per share a year earlier, and above the midpoint of the company’s prior guidance range.
Globe Life said both net income and net operating income increased 8% for the year, reflecting growth in premiums and underwriting performance.
Segment Highlights
Life insurance premium results varied across subsidiary divisions. At the American Income Life Division, life net sales rose 10% year-over-year and life premiums increased 6% in the quarter. The Liberty National Division reported a 6% increase in life net sales and 4% growth in life premiums. The Family Heritage Division, which focuses on health insurance, saw 15% growth in health net sales and a 10% rise in health premiums compared with the year-ago period.
The company also noted that the average producing agent count increased across several divisions, with Family Heritage up 8%, helping support stronger sales and premium writing.
Underwriting and Profitability
Globe Life reported strong profitability metrics, with return on equity (ROE) for net income at 20.9% for the 12 months ended December 31, 2025. When excluding accumulated other comprehensive income (AOCI), net operating income ROE was 16.0% for the same period.
The company’s results suggest continued underwriting discipline and earnings stability in its core insurance businesses.
Premium Growth and Distribution
Across divisions, Globe Life’s premium increases reflected diversified growth. Direct-to-consumer channels saw particularly robust expansion, with the Direct to Consumer Division’s life net sales increasing 24% over the year-ago quarter.
Growth in premiums and agent counts highlights the effectiveness of the company’s multi-channel distribution strategy, which includes exclusive and independent agencies as well as direct marketing.
Outlook and Conference Call
Globe Life has scheduled a conference call to discuss the results and future expectations. The live webcast and replay will be available on the company’s investor relations site following the release.
The results come as Globe Life continues to focus on expanding its life and supplemental health insurance offerings across the U.S. market.
Summary
In its latest quarterly and annual results, Globe Life reported higher earnings per share and growth in net operating income. Premium sales generally increased across its key divisions, and profitability metrics remained strong. The company’s diversified distribution strategy and agent growth contributed to its financial performance.