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Globe Life GL Life — Deferred Policy Acquisition Cost Amortization Expense

Discontinued — last reported Q1 '26

Similar metrics at other companies

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PRUIndividual Life — Amortization of deferred policy acquisition costs
$108M+1.9%
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PFGParticipating Life Insurance Policy — Deferred Policy Acquisition Cost Amortization Expense
$1.9M-9.5%
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AFLLife insurance — Amortization of deferred policy acquisition costs
$19M+11.8%
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METCorporate And Other — Deferred Policy Acquisition Costs, Amortization Expense
$52M-3.7%
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CBLife Insurance — Deferred Policy Acquisition Costs, Amortization Expense
$362M+16.8%
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CRBGLife Insurance — Deferred Policy Acquisition Costs, Amortization Expense

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:DeferredPolicyAcquisitionCostAmortizationExpense.

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 policy acquisition cost amortization expense?
Globe Life (GL) reported life — deferred policy acquisition cost amortization expense of $102.69M in Q1 2026.
How has Globe Life's life — deferred policy acquisition cost amortization expense changed year-over-year?
Globe Life's life — deferred policy acquisition cost amortization expense increased by 13.3% year-over-year, from $90.63M to $102.69M.
What does life — deferred policy acquisition cost amortization expense mean?
The annual expense recognized from spreading out the upfront costs of acquiring new insurance policies over time.
How do you interpret life — deferred policy acquisition cost amortization expense?
Higher amortization relative to new business may indicate a shift in the age of the portfolio or changes in expected policy duration.
How does life — deferred policy acquisition cost amortization expense compare across companies?
Standard accounting metric for insurers under GAAP, often referred to as 'DAC amortization'.