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Globe Life GL Investment — Amortization of acquisition costs

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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 gl:DeferredPolicyAcquisitionCostsAmortizationExpenseAdjusted.

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 investment — amortization of acquisition costs?
Globe Life (GL) reported investment — amortization of acquisition costs of $0 in Q1 2026.
What does investment — amortization of acquisition costs mean?
The periodic expense recognized for costs spent to acquire new insurance business.
How do you interpret investment — amortization of acquisition costs?
High amortization relative to revenue may indicate high past acquisition costs or a shift in the maturity profile of the insurance book.
How does investment — amortization of acquisition costs compare across companies?
Standard metric for insurance companies, often labeled as 'Amortization of DAC'.