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Globe Life GL Health — Deferred acquisition costs

Other segment segments

Life
$6.25B+7.6%
Annuity Segment
$1.41M
Investment
$0

Similar metrics at other companies

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AFGOther — Deferred policy acquisition costs
$15M-21.1%
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EGInsurance — Deferred Acquisition Costs
$280M+3.7%
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PRUTotal — Deferred Policy Acquisition Cost
$22.1B+5.0%
Aflac logo
AFLLife insurance — Deferred policy acquisition costs
$738M+5.3%
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EGOther — Deferred Acquisition Costs
$8M+33.3%
Corebridge Financial logo
CRBGLife Insurance — Deferred Policy Acquisition Cost

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 health — deferred acquisition costs?
Globe Life (GL) reported health — deferred acquisition costs of $865.28M in Q1 2026.
How has Globe Life's health — deferred acquisition costs changed year-over-year?
Globe Life's health — deferred acquisition costs increased by 7.1% year-over-year, from $807.77M to $865.28M.
What is the long-term trend for Globe Life's health — deferred acquisition costs?
Over 3 years (2022 to 2025), Globe Life's health — deferred acquisition costs has grown at a 7.3% compound annual growth rate (CAGR), from $2.69B to $3.32B.
What does health — deferred acquisition costs mean?
The balance of upfront costs to acquire new customers that are spread out over time.
How do you interpret health — deferred acquisition costs?
High levels indicate aggressive growth in new business, while a decline may signal reduced marketing spend or lower new policy issuance.
How does health — deferred acquisition costs compare across companies?
Standard 'DAC' (Deferred Acquisition Costs) asset found on the balance sheets of all major insurance companies.