Globe Life
GL
#1883
Rank
$8.36 B
Marketcap
$90.69
Share price
1.81%
Change (1 day)
-20.45%
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 July 2024 (TTM): 25.28%

According to Globe Life 's latest financial reports and stock price the company's current Operating Margin is 25.28%. At the end of 2023 the company had an Operating Margin of 21.92%.

Operating Margin history for Globe Life from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202321.92%3.97%
202221.09%-15.28%
202124.89%31.52%
202018.92%-8%
201920.57%2.76%
201820.02%0.14%
201719.99%1.85%
201619.63%-3.53%
201520.34%-6.13%
201421.67%0.27%
201321.62%1.29%
201221.34%-0.42%
201121.43%-3.85%
201022.29%20.31%
200918.53%-5.77%
200819.66%-13.97%
200722.85%1.07%
200622.61%-3.38%
200523.40%-0.28%
200423.47%5.32%
200322.28%4.27%
200221.37%-3.81%
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.