Company / Operating Margin
Globe Life Operating Margin History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
23.2%
FY2023
5-year range
22.7% / 24.0%
FY2019-FY2023
Trend
+2.3%
vs FY2022
Sector context
#43 of 103
Financials
What the data says
At 23.2%, Globe Life's operating margin ranks #43 of 103 in the Financials sector. Operating Margin has fluctuated over the past 8 years, ranging from 19.1% in FY2020 to 24.0% in FY2021.
Based on SEC 10-K filings.
23.2% in FY2023 with a 5-year CAGR of +3.0%.
Declined from 24.0% to 23.2% over the past 2 years.
Financials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +4.1pp
- 5-Year Change
- +3.0pp
- 10-Year Change
- -
Sector benchmark
#43 of 103 in FinancialsTop 42% of 103This company 23.2% Sector average -48.0%
▼
+148.4% above sector average
Key checks
Key Insights
- In FY2023, operating margin increased 2.3% year-over-year.
- Currently 71.2pp above the Financials sector average.
- Peak operating margin was recorded in FY2021.
- Lowest operating margin in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.53 (distress zone, below 1.8 threshold)
- Strong return on equity: 20.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | 23.2% | +2.3% |
| FY2022 | 22.7% | -5.5% |
| FY2021 | 24.0% | +25.6% |
| FY2020 | 19.1% | -6.0% |
| FY2019 | 20.3% | +0.4% |
| FY2018 | 20.2% | +2.4% |
| FY2017 | 19.8% | -1.2% |
| FY2016 | 20.0% | -2.9% |
As of FY2023 · SEC 10-K · Updated Mar 29, 2026