Globe Life Inc.GL
NYSE•Financial Services•Insurance - Life
Understand cash generation quality and how management allocates capital.
Free cash flow was $396.03M in the latest quarter (5.7% decrease YoY). FCF margin is 6.5%. Shares outstanding declined by 6.0% year-over-year, indicating buybacks (returning capital to shareholders). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation