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
DateValue
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