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Globe Life GL Life — Non-deferred acquisition costs

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Other financials

Income statement

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Revenue$1.6B+8.0%
Net income$287.7M+13.8%
EPS (diluted)$3.65+19.7%

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$14.28B+22.5%
Enterprise value$17.26B-0.8%
P/E11.8×+0.8×
P/S2.3×+0.3×

Profitability

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Net margin19.6%+1.5pp
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:NonDeferredAcquisitionCosts.

The source filing: Globe Life’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:32 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000320335-26-000169
Line itemLifeHealthInvestmentConsolidated
Amortization of acquisition costs102,69415,588118,282
Commissions43,54747,44590,992
Premium taxes17,7738,22325,996
Non-deferred acquisition costs37,82116,29654,117
Segment profit or (loss)$349,058$94,504$36,654480,216
Insurance administrative expenses:
Salaries35,379
Other employee costs13,771

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's life — non-deferred acquisition costs?
Globe Life (GL) reported life — non-deferred acquisition costs of $37.82M in Q1 2026.
How has Globe Life's life — non-deferred acquisition costs changed year-over-year?
Globe Life's life — non-deferred acquisition costs increased by 1.8% year-over-year, from $37.17M to $37.82M.
What is the long-term trend for Globe Life's life — non-deferred acquisition costs?
Over 3 years (2022 to 2025), Globe Life's life — non-deferred acquisition costs has grown at a 14.5% compound annual growth rate (CAGR), from $97.56M to $146.44M.
What does life — non-deferred acquisition costs mean?
Costs incurred to acquire new business that do not meet the criteria for deferral and capitalization under accounting standards. These are expensed immediately as they are incurred.

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