Globe Life (GL) Amortization of Deferred Charges (2012 - 2023)
Globe Life (GL) reported Amortization of Deferred Charges of $97.5 million for Q4 2023, up 8.22% on a YoY basis from $90.1 million in Q4 2022, and up 1.86% quarter-over-quarter from $95.8 million in Q3 2023.
Globe Life (GL) Amortization of Deferred Charges (2012 - 2023) Analysis & Trends
Globe Life has reported Amortization of Deferred Charges for 11 years, with the latest figure at $97.5 million in Q4 2023.
- For the quarter ending Q4 2023, Amortization of Deferred Charges rose 8.22% year-over-year to $97.5 million; the trailing twelve-month figure through Dec 2023 stood at $379.7 million (up 8.85% YoY), and the FY2025 full-year result was $447.8 million, up 9.21% from the prior year.
- Amortization of Deferred Charges for Q4 2023 stood at $97.5 million, up from $95.8 million in the prior quarter.
- The five-year high for Amortization of Deferred Charges was $146.2 million in Q2 2020, with the low at $84.5 million in Q1 2022.
- Historically, Amortization of Deferred Charges has averaged $116.0 million across 4 years, with a median of $116.7 million in 2019.
- Annual changes were most pronounced in 2020 — Amortization of Deferred Charges gained 1.73% — and 2023, when it increased 9.26%.
- Globe Life's Amortization of Deferred Charges stood at $139.3 million in 2019, then rose by 4.05% to $144.9 million in 2020, then plunged by 37.81% to $90.1 million in 2022, then grew by 8.22% to $97.5 million in 2023.
- The last three Amortization of Deferred Charges figures came in at $97.5 million (Q4 2023), $95.8 million (Q3 2023), and $94.1 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn |
| 10 | Prudential | 4.22 Bn | 4.22 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 97.54 Mn |
| Dec 31, 2023 | 97.54 Mn |
| Sep 30, 2023 | 95.76 Mn |
| Sep 30, 2023 | 95.76 Mn |
| Jun 30, 2023 | 94.08 Mn |
| Jun 30, 2023 | 94.08 Mn |
| Mar 31, 2023 | 92.32 Mn |
| Mar 31, 2023 | 92.32 Mn |
| Dec 31, 2022 | 90.13 Mn |
| Dec 31, 2022 | 90.13 Mn |
| Sep 30, 2022 | 88.01 Mn |
| Sep 30, 2022 | 88.01 Mn |
| Jun 30, 2022 | 86.19 Mn |
| Jun 30, 2022 | 86.19 Mn |
| Mar 31, 2022 | 84.50 Mn |
| Mar 31, 2022 | 84.50 Mn |
| Dec 31, 2020 | 144.93 Mn |
| Dec 31, 2020 | 144.93 Mn |
| Sep 30, 2020 | 140.84 Mn |
| Sep 30, 2020 | 140.84 Mn |