Skip to content
OpenCapital
Get started

Globe Life GL Payments To Acquire Mortgages

Payments To Acquire Mortgages at other companies

Allstate logo
AllstateALL
$11M-62.1%
MIT
TPG Mortgage Investment Trust MITT
$87.02M-82.5%
American Financial Group logo
American Financial GroupAFG
$15M-75.4%
PennyMac Mortgage Investment Trust logo
PennyMac Mortgage Investment TrustPMT
$453.22M-98.1%
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
$13.76M+36.4%
Sachem Capital Corp. logo
Sachem Capital Corp.SACH
$38.76M-6.2%

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

See full
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

See full
Operating cash flow$420.9M-2.5%
CapEx$24.9M+112%
Free cash flow$396.0M-5.7%

Valuation

See full
Market cap$13.26B-0.4%
Enterprise value$16.24B-0.8%
P/E11.3×-1.2×
P/S2.2×-0.1×

Profitability

See full
Net margin19.4%+1.0pp
FCF margin20.2%-3.9pp

Returns & leverage

See full
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:PaymentsToAcquireMortgages.

The official record: Globe Life’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Globe Life's payments to acquire mortgages.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Globe Life's payments to acquire mortgages?
Globe Life (GL) reported payments to acquire mortgages of $58.52M in Q1 2026.
How has Globe Life's payments to acquire mortgages changed year-over-year?
Globe Life's payments to acquire mortgages increased by 65.0% year-over-year, from $35.47M to $58.52M.
What is the long-term trend for Globe Life's payments to acquire mortgages?
Over 4 years (2021 to 2025), Globe Life's payments to acquire mortgages has grown at a 91.4% compound annual growth rate (CAGR), from $10.42M to $139.82M.
What does payments to acquire mortgages mean?
Cash spent to purchase mortgage loans for the investment portfolio.
How do you interpret payments to acquire mortgages?
Increased spending signals a preference for mortgage-backed yield, while a decrease suggests a shift toward other asset classes.
How does payments to acquire mortgages compare across companies?
Common for life insurers with significant fixed-income and mortgage-backed security holdings.