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Globe Life GL Deferred policy acquisition costs

Deferred policy acquisition costs at other companies

Aflac logo
AflacAFL
$8.98B-1.2%
MetLife logo
MetLifeMET
$21.27B+5.5%
Prudential Financial logo
Prudential FinancialPRU
$21.73B+4.5%
American Financial Group logo
American Financial GroupAFG
$334M+5.7%
American International Group logo
American International GroupAIG
$2.13B+5.9%
Corebridge Financial logo
Corebridge FinancialCRBG

Segments

By product

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American Income$3.42B+11.5%
Liberty National$956.62M+7.0%
Family Heritage$555.78M+9.7%
Other$290.51M
United American$67.49M-3.2%

By segment

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Life$6.25B+7.6%
Health$865.28M+7.1%
Annuity Segment$1.41M
Investment$0

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 deferred policy acquisition costs?
Globe Life (GL) reported deferred policy acquisition costs of $7.12B in Q1 2026.
How has Globe Life's deferred policy acquisition costs changed year-over-year?
Globe Life's deferred policy acquisition costs increased by 7.5% year-over-year, from $6.62B to $7.12B.
What is the long-term trend for Globe Life's deferred policy acquisition costs?
Over 5 years (2020 to 2025), Globe Life's deferred policy acquisition costs has grown at a 8.8% compound annual growth rate (CAGR), from $4.59B to $7B.
What does deferred policy acquisition costs mean?
Costs of acquiring new customers that are spread out over the life of the insurance policy.
How do you interpret deferred policy acquisition costs?
Growth often signals successful sales and business expansion, while a decline may indicate lower new business volume or accelerated amortization.
How does deferred policy acquisition costs compare across companies?
A critical performance metric for life and health insurers, reflecting the cost-efficiency of customer acquisition.