Globe Life
GL
#1413
Rank
$11.87 B
Marketcap
$126.17
Share price
-0.60%
Change (1 day)
3.71%
Change (1 year)
Globe Life is a financial services holding company providing life insurance, annuity, and supplemental health insurance products.

Operating Margin for Globe Life (GL)

Operating Margin as of March 2024 (TTM): 21.39%

According to Globe Life 's latest financial reports and stock price the company's current Operating Margin is 21.39%. At the end of 2022 the company had an Operating Margin of 17.38%.

Operating Margin history for Globe Life from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202217.38%-2.61%
202117.84%-5.71%
202018.93%-7.99%
201920.57%2.47%
201820.07%0.4%
201720.00%1.89%
201619.62%-3.54%
201520.34%3.61%
201419.64%-2.95%
201320.23%-5.19%
201221.34%-4.62%
201122.37%-3.22%
201023.12%23.1%
200918.78%-5.51%
200819.88%-13.03%
200722.85%1.07%
200622.61%-3.38%
200523.40%-0.28%
200423.47%4.37%
200322.48%5.36%
200221.34%-3.94%
200122.22%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.