Globe Life GL
NYSE GL
$173.45 +1.19 (+0.69%)
At close: Sep 18, 2026 · 4:00 PM EDT

Globe Life (GL) Gross Margin (2009 - 2026)

Globe Life's (GL) 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) Gross Margin (2009 - 2026) Analysis & Trends

Globe Life (GL) 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'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 Manulife Financial 75.56 Bn 76.77 Bn - -
2 Metlife 61.89 Bn 34.88 Bn 7.82 Bn 40.82%
3 Sun Life Financial 45.01 Bn 40.41 Bn - -
4 Globe Life 16.00 Bn 15.24 Bn 801.48 Mn 50.10%
5 Equitable Holdings 14.74 Bn -2.55 Bn 1.22 Bn 73.76%
6 Brookfield Wealth Solutions 12.45 Bn 11.71 Mn 1.92 Bn 45.41%
7 Corebridge Financial 9.60 Bn -296.03 Bn 2.79 Bn 71.38%
8 Jackson Financial 9.04 Bn 3.56 Bn - -
9 Primerica 8.98 Bn 8.35 Bn 717.74 Mn 82.97%
10 Lincoln National 8.08 Bn -3.60 Bn 2.62 Bn 57.73%
Historic Data

Historic Data

Download Data
DateValue
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%