GLOBE LIFE INC. Annual Operating Margin in % from 2010 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Globe Life Inc. quarterly/annual Operating Margin history and growth rate from 2010 to 2023.
  • Globe Life Inc. Operating Margin for the quarter ending June 30, 2024 was 23.3 %, a 3.29% increase year-over-year.
  • Globe Life Inc. annual Operating Margin for 2023 was 23.2 %, a 2.29% increase from 2022.
  • Globe Life Inc. annual Operating Margin for 2022 was 22.7 %, a 5.46% decline from 2021.
  • Globe Life Inc. annual Operating Margin for 2021 was 24 %, a 25.6% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 23.2 +0.52 +2.29% Jan 1, 2023 Dec 31, 2023
2022 22.7 -1.31 -5.46% Jan 1, 2022 Dec 31, 2022
2021 24 +4.9 +25.6% Jan 1, 2021 Dec 31, 2021
2020 19.1 -1.21 -5.95% Jan 1, 2020 Dec 31, 2020
2019 20.3 +0.09 +0.45% Jan 1, 2019 Dec 31, 2019
2018 20.2 +0.47 +2.38% Jan 1, 2018 Dec 31, 2018
2017 19.8 -0.25 -1.25% Jan 1, 2017 Dec 31, 2017
2016 20 -0.61 -2.96% Jan 1, 2016 Dec 31, 2016
2015 20.6 -0.7 -3.28% Jan 1, 2015 Dec 31, 2015
2014 21.3 -0.32 -1.48% Jan 1, 2014 Dec 31, 2014
2013 21.6 +0.64 +3.05% Jan 1, 2013 Dec 31, 2013
2012 21 -0.68 -3.14% Jan 1, 2012 Dec 31, 2012
2011 21.7 +0.22 +1.03% Jan 1, 2011 Dec 31, 2011
2010 21.5 Jan 1, 2010 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.