Growth Metrics

Globe Life (GL) Amortization of Deferred Charges (2016 - 2023)

Globe Life (GL) has disclosed Amortization of Deferred Charges for 11 consecutive years, with $97.5 million as the latest value for Q4 2023.

  • For the quarter ending Q4 2023, Amortization of Deferred Charges rose 8.22% year-over-year to $97.5 million, compared with a TTM value of $379.7 million through Dec 2023, up 8.85%, and an annual FY2024 reading of $410.0 million, up 7.98% over the prior year.
  • Amortization of Deferred Charges was $97.5 million for Q4 2023 at Globe Life, up from $95.8 million in the prior quarter.
  • Across five years, Amortization of Deferred Charges topped out at $146.2 million in Q2 2020 and bottomed at $84.5 million in Q1 2022.
  • Average Amortization of Deferred Charges over 4 years is $116.0 million, with a median of $116.7 million recorded in 2019.
  • The sharpest move saw Amortization of Deferred Charges increased 1.73% in 2020, then rose 9.26% in 2023.
  • Year by year, Amortization of Deferred Charges stood at $139.3 million in 2019, then increased by 4.05% to $144.9 million in 2020, then plummeted by 37.81% to $90.1 million in 2022, then rose by 8.22% to $97.5 million in 2023.
  • Business Quant data shows Amortization of Deferred Charges for GL at $97.5 million in Q4 2023, $95.8 million in Q3 2023, and $94.1 million in Q2 2023.