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Globe Life GL Deferral Of Policy Acquisition Costs, Gross

Deferral Of Policy Acquisition Costs, Gross at other companies

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AflacAFL
$276.25M+4.6%
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Principal Financial GroupPFG
$710.8M+2.3%
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AflacAFL
$738M+5.3%
Equitable Holdings logo
Equitable HoldingsEQH
$273M-11.1%
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UnumUNM
$190.6M+10.4%
Corebridge Financial logo
Corebridge FinancialCRBG

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 gl:DeferralOfPolicyAcquisitionCostsGross.

The official record: Globe Life’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globe Life's deferral of policy acquisition costs, gross?
Globe Life (GL) reported deferral of policy acquisition costs, gross of $235.48M in Q4 2025.
How has Globe Life's deferral of policy acquisition costs, gross changed year-over-year?
Globe Life's deferral of policy acquisition costs, gross increased by 3.1% year-over-year, from $228.39M to $235.48M.
What is the long-term trend for Globe Life's deferral of policy acquisition costs, gross?
Over 4 years (2021 to 2025), Globe Life's deferral of policy acquisition costs, gross has grown at a 4.7% compound annual growth rate (CAGR), from $782.49M to $941.92M.
What does deferral of policy acquisition costs, gross mean?
The amount of upfront costs to acquire new customers that are spread out over time instead of being expensed immediately.
How do you interpret deferral of policy acquisition costs, gross?
Higher deferrals indicate aggressive growth in new policy sales, while lower deferrals suggest a slowdown in new business acquisition.
How does deferral of policy acquisition costs, gross compare across companies?
Standard for life insurance companies; peers report this to show the investment made in customer acquisition.