Globe Life (GL) Gross Margin (2009 - 2026)
Globe Life's Gross Margin came in at 56.51% for Q3 2026, down 2.74 percentage points from 59.24% a year earlier but up 6.41 percentage points from the prior quarter.
Globe Life (GL) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Globe Life reported Gross Margin of 51.51%, down 0.32 percentage points year-over-year; for FY2025, it came in at 51.88%, up 1.98 percentage points from FY2024.
- Gross Margin has increased in each of the last four years, with a five-year change of +32.86 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 49.91% in FY2024 (+2.49 pp), 47.42% in FY2023 (+1.48 pp), 45.94% in FY2022 (+29.26 pp) and 16.69% in FY2021 (-2.33 pp).
- The five-year range for quarterly Gross Margin is 15.85% (Q4 2021) to 59.24% (Q3 2025).
- Year-over-year, Gross Margin increased in seven of the last eight quarters, with an average year-over-year change of +0.85 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2022 (a gain of 31.55 percentage points), and the weakest in Q3 2026 (a drop of 2.74 percentage points).
- Business Quant data shows GL's Gross Margin at 50.10% (Q2 2026), 49.37% (Q1 2026) and 49.93% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | 53.68% |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 53.53% |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 35.74% |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | - |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 47.74% |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 83.78% |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | - |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | -10,257.29% |
| 10 | Globe Life | 12.52 Bn | 10.82 Bn | 901.84 Mn | 56.51% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 56.51% |
| 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 | 52.72% |
| Jun 30, 2024 | 48.92% |
| Mar 31, 2024 | 48.32% |
| Dec 31, 2023 | 49.16% |
| Sep 30, 2023 | 48.05% |
| Jun 30, 2023 | 45.91% |
| Mar 31, 2023 | 46.42% |
| Dec 31, 2022 | 47.40% |
| Sep 30, 2022 | 19.98% |
| Jun 30, 2022 | 19.16% |
| Mar 31, 2022 | 16.03% |
| Dec 31, 2021 | 15.85% |
Globe Life Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();