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Globe Life GL Life — 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 life — amortization of acquisition costs?
Globe Life (GL) reported life — amortization of acquisition costs of $102.69M in Q1 2026.
How has Globe Life's life — amortization of acquisition costs changed year-over-year?
Globe Life's life — amortization of acquisition costs increased by 13.3% year-over-year, from $90.63M to $102.69M.
What is the long-term trend for Globe Life's life — amortization of acquisition costs?
Over 3 years (2022 to 2025), Globe Life's life — amortization of acquisition costs has grown at a 8.9% compound annual growth rate (CAGR), from $298.84M to $386.45M.
What does life — amortization of acquisition costs mean?
The systematic recognition of deferred acquisition costs (DAC) as an expense over the life of the insurance policies. These costs typically include commissions and other direct expenses incurred to acquire new insurance contracts.