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Globe Life GL American Income — Deferred acquisition costs

Other product segments

Liberty National
$956.62M+7.0%
Family Heritage
$555.78M+9.7%
Other
$290.51M
United American
$67.49M-3.2%

Similar metrics at other companies

American Financial Group logo
AFGOther — Deferred policy acquisition costs
$15M-21.1%
Everest Group logo
EGInsurance — Deferred Acquisition Costs
$280M+3.7%
Ameriprise Financial logo
AMPOther Life Insurance — Deferred acquisition costs
$1M-50.0%
Arch Capital Group logo
ACGLOther — Deferred Acquisition Costs
$53.71M-16.1%
Aflac logo
AFLOther — Deferred policy acquisition costs
$50M-7.4%
Cincinnati Financial logo
CINFWhole Life Insurance — Deferred policy acquisition costs
$56M+5.7%

Other financials

Income statement

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Revenue$1.6B+5.3%
Net income$270.5M+6.3%
EPS (diluted)$3.39+12.6%

Balance sheet

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Cash & equivalents$255.2M+9.9%
Total debt$3.2B-1.3%
Total equity$6.1B+12.1%
Total assets$31.0B+4.2%

Cash flow

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Operating cash flow$420.9M-2.5%
CapEx$24.9M+112%
Free cash flow$396.0M-5.7%

Valuation

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Market cap$13.26B-0.4%
Enterprise value$16.24B-0.8%
P/E11.3×-1.2×
P/S2.2×-0.1×

Profitability

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Net margin19.4%+1.0pp
FCF margin20.2%-3.9pp

Returns & leverage

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Return on equity20.5%0.0pp
Debt / equity0.5×-0.1×

Where this comes from

Reported directly by Globe Life in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCosts.

The official record: Globe Life’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globe Life's american income — deferred acquisition costs?
Globe Life (GL) reported american income — deferred acquisition costs of $3.42B in Q1 2026.
How has Globe Life's american income — deferred acquisition costs changed year-over-year?
Globe Life's american income — deferred acquisition costs increased by 11.5% year-over-year, from $3.06B to $3.42B.
What is the long-term trend for Globe Life's american income — deferred acquisition costs?
Over 3 years (2022 to 2025), Globe Life's american income — deferred acquisition costs has grown at a 13.2% compound annual growth rate (CAGR), from $8.82B to $12.8B.
What does american income — deferred acquisition costs mean?
The capitalized costs of acquiring new insurance customers, spread out over time.
How do you interpret american income — deferred acquisition costs?
High levels indicate significant investment in growth, while the rate of change reflects the efficiency of acquisition.
How does american income — deferred acquisition costs compare across companies?
Standard accounting practice for insurance companies (DAC).