Globe Life Inc. (GL) Gross Margin: 38.07%
Is Globe Life Inc.’s gross margin high or low?
Globe Life Inc.'s gross margin of 38.07% is 23% above its 5-year average of 30.90%, near the high end of its 5-year range (27.10%–38.07%).
As of Friday, June 19, 2026. 15.77% above its 12-month average of 32.88%.
GL Gross Margin Chart
GL Average Gross Margin Chart
GL Current vs Average Gross Margin Chart
GL Gross Margin Metrics
GROSS MARGIN
38.07%
GROSS MARGIN AVG TTM
32.88%
GROSS MARGIN AVG 3Y
31.34%
GROSS MARGIN AVG 5Y
30.90%
GROSS MARGIN AVG 10Y
35.74%
GROSS MARGIN AVG 15Y
29.59%
GROSS MARGIN AVG 20Y
30.71%
CURRENT VS TTM AVG
+15.77%
CURRENT VS 3Y AVG
+21.46%
CURRENT VS 5Y AVG
+23.20%
CURRENT VS 10Y AVG
+6.52%
CURRENT VS 15Y AVG
+28.66%
CURRENT VS 20Y AVG
+23.98%
GL Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Globe Life Inc. (GL) | $13.26B | 38.07% | 32.88% | 31.34% | 30.90% |
| Assurant, Inc. (AIZ)vs › | $12.88B | 77.83% | 76.93% | 77.01% | 64.48% |
| Global Payments Inc. (GPN)vs › | $15.83B | 67.31% | 67.68% | 63.66% | 60.20% |
| Franklin Resources, Inc. (BEN)vs › | $17.17B | 73.80% | 80.22% | 81.03% | 81.34% |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.12B | 46.64% | 47.66% | 42.81% | 40.23% |
| Brown & Brown, Inc. (BRO)vs › | $20.03B | 59.38% | 68.27% | 58.37% | 54.11% |
| Circle Internet Group (CRCL)vs › | $21.44B | 7.17% | 16.13% | 23.51% | 2.92% |
| Main Street Capital Corporation (MAIN)vs › | $4.74B | 86.39% | 91.48% | 86.62% | 80.78% |
| Loews Corporation (L)vs › | $22.07B | 46.05% | 44.30% | 43.77% | 43.78% |
| SoFi Technologies, Inc. (SOFI)vs › | $22.97B | 76.02% | 72.40% | 75.46% | 77.83% |
Gross Margin Analysis
Gross Margin
38.1%
(Revenue - COGS) / Revenue
Globe Life Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Globe Life Inc. Gross Margin FAQ
- What is the gross margin for Globe Life Inc. (GL)?
- The gross margin for GL stock is 38.07%.
- Is Globe Life Inc.'s gross margin high or low?
- Globe Life Inc.'s gross margin of 38.07% is 23% above its 5-year average of 30.90%, near the high end of its 5-year range (27.10%–38.07%).
- What is the TTM average gross margin for Globe Life Inc. (GL)?
- The TTM average gross margin for GL stock is 32.88%.
- What is the 3Y average gross margin for Globe Life Inc. (GL)?
- The 3Y average gross margin for GL stock is 31.34%.
- What is the 5Y average gross margin for Globe Life Inc. (GL)?
- The 5Y average gross margin for GL stock is 30.90%.
- What is the 10Y average gross margin for Globe Life Inc. (GL)?
- The 10Y average gross margin for GL stock is 35.74%.
- What is the 15Y average gross margin for Globe Life Inc. (GL)?
- The 15Y average gross margin for GL stock is 29.59%.
- What is the 20Y average gross margin for Globe Life Inc. (GL)?
- The 20Y average gross margin for GL stock is 30.71%.
Globe Life Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 33.40% |
| 2024-12-31 | 32.37% |
| 2023-12-31 | 30.11% |
| 2022-12-31 | 29.49% |
| 2021-12-31 | 32.94% |
| 2020-12-31 | 27.10% |
| 2019-12-31 | 29.15% |
| 2018-12-31 | 28.80% |
| 2017-12-31 | 93.81% |
| 2016-12-31 | 27.63% |
| 2015-12-31 | 28.32% |
| 2014-12-31 | 29.79% |
| 2013-12-31 | 29.97% |
| 2012-12-31 | 29.10% |
| 2011-12-31 | 29.71% |
| 2010-12-31 | 29.76% |
| 2009-12-31 | 30.36% |
| 2008-12-31 | 31.77% |
| 2007-12-31 | 34.22% |
| 2006-12-31 | 34.50% |
| 2005-12-31 | 35.66% |
| 2004-12-31 | 35.12% |
| 2003-12-31 | 34.77% |
| 2002-12-31 | 38.70% |
| 2001-12-31 | 35.12% |
| 2000-12-31 | 35.91% |
| 1999-12-31 | -22.18% |
| 1998-12-31 | -17.32% |
| 1997-12-31 | 39.64% |
| 1996-12-31 | 42.11% |
Related Metrics
About Globe Life Inc.
Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United States. The company's operations are structured into four key segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. Its offerings encompass whole life, term life, and other life protection plans; supplemental health benefits like Medicare supplements, critical illness, and accident policies; and both single-premium and flexible-premium deferred annuities. Founded in 1979 and headquartered in McKinney, Texas, the enterprise rebranded from Torchmark Corporation to Globe Life Inc. in August 2019.
- Sector
- Financial Services
- Industry
- Insurance - Life
- CEO
- Frank Martin Svoboda