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Globe Life GL Deferred Policy Acquisition Costs, Amortization Expense

Deferred Policy Acquisition Costs, Amortization Expense at other companies

Aflac logo
AflacAFL
$221M+2.3%
Prudential Financial logo
Prudential FinancialPRU
$411M+1.0%
Unum logo
UnumUNM
$134.2M+7.0%
The Travelers Companies logo
The Travelers CompaniesTRV
$1.77B-0.7%
Chubb logo
ChubbCB
$2.6B+12.2%
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
$656M+8.1%

Segments

By product

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American Income$57.02M+12.5%
Liberty National$20.3M+7.7%
Family Heritage$9.11M+14.7%
United American$1.27M-8.7%
Other$678K

By segment

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Life$102.69M+13.3%
Health$15.59M+7.4%

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:DeferredPolicyAcquisitionCostAmortizationExpense.

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, amortization expense?
Globe Life (GL) reported deferred policy acquisition costs, amortization expense of $118.28M in Q1 2026.
How has Globe Life's deferred policy acquisition costs, amortization expense changed year-over-year?
Globe Life's deferred policy acquisition costs, amortization expense increased by 12.1% year-over-year, from $105.52M to $118.28M.
What is the long-term trend for Globe Life's deferred policy acquisition costs, amortization expense?
Over 4 years (2021 to 2025), Globe Life's deferred policy acquisition costs, amortization expense has grown at a -4.2% compound annual growth rate (CAGR), from $532.01M to $447.76M.
What does deferred policy acquisition costs, amortization expense mean?
The portion of past customer acquisition costs recognized as an expense in the current period.
How do you interpret deferred policy acquisition costs, amortization expense?
High amortization relative to new business may indicate a slowdown in growth, while stable amortization reflects a predictable book of business.
How does deferred policy acquisition costs, amortization expense compare across companies?
Standard for life and annuity insurers; essential for understanding the matching of expenses to revenue.