Globe Life
GL
$103.18
Share price
-1.86%
Change (1 day)
5.75%
Change (1 year)
Categories
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 June 2023 (TTM): 20.54%
According to Globe Life 's latest financial reports and stock price the company's current Operating Margin is 20.54%. At the end of 2021 the company had an Operating Margin of 17.82%.
Operating Margin history for Globe Life from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 17.82% | -5.81% |
| 2020 | 18.92% | -8% |
| 2019 | 20.57% | 2.5% |
| 2018 | 20.07% | 0.4% |
| 2017 | 19.99% | 1.85% |
| 2016 | 19.63% | -3.53% |
| 2015 | 20.34% | 3.61% |
| 2014 | 19.64% | -2.95% |
| 2013 | 20.23% | -5.19% |
| 2012 | 21.34% | -4.62% |
| 2011 | 22.37% | -3.22% |
| 2010 | 23.12% | 23.1% |
| 2009 | 18.78% | -5.51% |
| 2008 | 19.88% | -13.03% |
| 2007 | 22.85% | 1.07% |
| 2006 | 22.61% | -3.38% |
| 2005 | 23.40% | -0.28% |
| 2004 | 23.47% | 4.37% |
| 2003 | 22.48% | 5.36% |
| 2002 | 21.34% | -3.94% |
| 2001 | 22.22% |
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.