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%.
Year | Operating Margin | Change |
---|---|---|
2022 | 17.38% | -2.61% |
2021 | 17.84% | -5.71% |
2020 | 18.93% | -7.99% |
2019 | 20.57% | 2.47% |
2018 | 20.07% | 0.4% |
2017 | 20.00% | 1.89% |
2016 | 19.62% | -3.54% |
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% |
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.