F&G Annuities & Life vs Globe Life
F&G Annuities & Life and Globe Life are similar in size: $5.73bn and $5.99bn of revenue in their latest fiscal years. Globe Life grew faster (3.7% against -0.2%). Globe Life kept more of each dollar of sales as profit: a net margin of 19.4% against 4.6%. Globe Life carries less debt relative to equity (43.9% against 47.3%).
| Latest fiscal year | F&G Annuities & LifeFG, 2025 | Globe LifeGL, 2025 |
|---|---|---|
| Revenue | $5.73bn | $5.99bn |
| Revenue growth | -0.2% | 3.7% |
| Net income | $265m | $1.16bn |
| Operating margin | — | — |
| Net margin | 4.6% | 19.4% |
| Return on equity | 6.1% | 20.6% |
| Free cash flow | — | $1.25bn |
| Cash | $1.49bn | $145m |
| Total debt | $2.27bn | $2.63bn |
| Debt to equity | 47.3% | 43.9% |
| Dividend per share | $0.91 | $1.08 |
| Dividend yield | 5.2% | 0.6% |
| Share buybacks | $10.0m | $881m |
| Employees | 1,173 | 3,695 |
| Market value | $2.84bn | $14.74bn |
| Price vs our value range | — | — |
| Moat score | — | 88 (Strong) |
| Insider trades, 12 months | 5 buys, 0 sales | 0 buys, 81 sales |