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Globe Life GL United American — Deferred acquisition costs

Other product segments

American Income
$3.42B+11.5%
Liberty National
$956.62M+7.0%
Family Heritage
$555.78M+9.7%
Other
$290.51M

Similar metrics at other companies

Ameriprise Financial logo
AMPUniversal Life Insurance — Deferred acquisition costs
$94M-6.9%
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AMPOther Life Insurance — Deferred acquisition costs
$1M-50.0%
Unum logo
UNMColonial Life — Supplementary Insurance Information Deferred Policy Acquisition Costs
$1.64B+7.2%
Unum logo
UNMGroup Life and AD&D — Deferred Acquisition Costs
$61.2M+8.1%
American Financial Group logo
AFGOther — Deferred policy acquisition costs
$15M-21.1%
Principal Financial Group logo
PFGSegment US Insurance Solutions — Deferred Policy Acquisition Costs
$3.41B+16.3%

Other financials

Income statement

See full
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 united american — deferred acquisition costs?
Globe Life (GL) reported united american — deferred acquisition costs of $67.49M in Q1 2026.
How has Globe Life's united american — deferred acquisition costs changed year-over-year?
Globe Life's united american — deferred acquisition costs decreased by 3.2% year-over-year, from $69.76M to $67.49M.
What is the long-term trend for Globe Life's united american — deferred acquisition costs?
Over 3 years (2022 to 2025), Globe Life's united american — deferred acquisition costs has grown at a -4.4% compound annual growth rate (CAGR), from $315.04M to $275.4M.
What does united american — deferred acquisition costs mean?
The portion of sales and acquisition costs that are spread out over the life of the insurance policies.
How do you interpret united american — deferred acquisition costs?
An increase reflects high investment in new business growth, while a decrease may indicate lower sales activity or faster amortization.
How does united american — deferred acquisition costs compare across companies?
Standard accounting asset for insurance companies (DAC).