Globe Life (GL-PD) Gross Margin (2009 - 2026)
Globe Life's (GL-PD) quarterly Gross Margin came in at 50.1% in Q2 2026, up 114.0% on a YoY basis from 23.41% in Q2 2025, and up 1.47% quarter-over-quarter from 49.37% in Q1 2026.
Analysis
Globe Life (GL-PD) Gross Margin (2009 - 2026) Analysis & Trends
Globe Life (GL-PD) has reported Gross Margin for 18 consecutive years, with 50.1% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 114.0% year-over-year to 50.1%; the trailing twelve-month figure through Jun 2026 stood at 52.11% (up 857.0% YoY), and the FY2025 full-year result was 51.88%, up 198.0% from the prior year.
- Gross Margin improved to 50.1% in Q2 2026 per GL-PD's latest filing, from 49.37% in the prior quarter.
- Across five years, Gross Margin topped out at 59.24% in Q3 2025 and bottomed at 20.35% in Q3 2022.
- Historically, Gross Margin has averaged 33.98% across 5 years, with a median of 23.58% in 2023.
- The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 2084 bps in 2022, then soared 3319 bps in 2025.
- Over 5 years, Gross Margin stood at 22.95% in 2022, then fell by 0 bps to 22.85% in 2023, then jumped by 117 bps to 49.62% in 2024, then grew by 1 bps to 49.93% in 2025, then climbed by 0 bps to 50.1% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 50.1%, 49.37%, and 49.93% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Metlife | 62.16 Bn | 34.84 Bn | 7.82 Bn | 40.82% |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | - |
| 3 | Equitable Holdings | 14.62 Bn | -4.31 Bn | 1.22 Bn | 73.76% |
| 4 | Jackson Financial | 9.71 Bn | 3.72 Bn | - | - |
| 5 | Corebridge Financial | 9.48 Bn | -296.14 Bn | 2.79 Bn | 71.38% |
| 6 | Primerica | 9.02 Bn | 8.38 Bn | 717.74 Mn | 82.97% |
| 7 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | - |
| 8 | Brookfield Wealth Solutions | 8.52 Bn | -4.26 Bn | 1.92 Bn | 45.41% |
| 9 | Lincoln National | 8.41 Bn | -3.27 Bn | 2.62 Bn | 57.73% |
| 10 | Globe Life | 1.13 Bn | 368.95 Mn | 801.48 Mn | 50.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.10% |
| Mar 31, 2026 | 49.37% |
| Dec 31, 2025 | 49.93% |
| Sep 30, 2025 | 59.24% |
| Jun 30, 2025 | 48.96% |
| Mar 31, 2025 | 49.29% |
| Dec 31, 2024 | 49.62% |
| Sep 30, 2024 | 26.05% |
| Jun 30, 2024 | 23.25% |
| Mar 31, 2024 | 23.07% |
| Dec 31, 2023 | 22.85% |
| Sep 30, 2023 | 23.19% |
| Jun 30, 2023 | 23.40% |
| Mar 31, 2023 | 23.10% |
| Dec 31, 2022 | 22.95% |
| Sep 30, 2022 | 20.35% |
| Jun 30, 2022 | 23.76% |
| Mar 31, 2022 | 23.14% |
| Dec 31, 2021 | 43.79% |
| Sep 30, 2021 | 17.24% |