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Globe Life GL Life — Deferred acquisition costs

Other segment segments

Health
$865.28M+7.1%
Annuity Segment
$1.41M
Investment
$0

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$7.59B+7.0%
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$1.53B-1.1%
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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 life — deferred acquisition costs?
Globe Life (GL) reported life — deferred acquisition costs of $6.25B in Q1 2026.
How has Globe Life's life — deferred acquisition costs changed year-over-year?
Globe Life's life — deferred acquisition costs increased by 7.6% year-over-year, from $5.81B to $6.25B.
What is the long-term trend for Globe Life's life — deferred acquisition costs?
Over 3 years (2022 to 2025), Globe Life's life — deferred acquisition costs has grown at a 8.5% compound annual growth rate (CAGR), from $18.74B to $23.93B.
What does life — deferred acquisition costs mean?
The balance of upfront costs to acquire customers that are being spread out over time.
How do you interpret life — deferred acquisition costs?
An increasing balance typically reflects successful growth in new business acquisition, provided the costs remain efficient.
How does life — deferred acquisition costs compare across companies?
Standard accounting practice for insurance companies under GAAP/IFRS.