Globe Life Operating Margin Growth & History (GL)

Globe Life's operating margin was 23.22% for fiscal 2023.

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Globe Life annual operating margin history

Globe Life annual operating margin

Fiscal yearPeriod endedOperating marginChange (percentage points)
20232023-12-3123.22%+0.52 pp
20222022-12-3122.70%−1.31 pp
20212021-12-3124.01%+4.90 pp
20202020-12-3119.11%−1.21 pp
20192019-12-3120.32%+0.09 pp
20182018-12-3120.23%+0.47 pp
20172017-12-3119.76%−0.25 pp
20162016-12-3120.01%−0.61 pp
20152015-12-3120.61%−0.70 pp
20142014-12-3121.32%−0.32 pp
20132013-12-3121.64%+0.64 pp
20122012-12-3120.99%−0.68 pp
20112011-12-3121.67%+0.22 pp
20102010-12-3121.45%−1.24 pp
20092009-12-3122.69%

Globe Life operating margin trends

Over the last five reported fiscal years, Globe Life's operating margin increased from 20.23% to 23.22%, a change of +2.99 percentage points. The latest reported quarter, Q3 2024, shows 26.32%.

About the metric

What operating margin means

Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.

Calculation and source

How operating margin is calculated

TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Globe Life filings at SEC.gov ↗