Globe Life (GL) Gross Margin (2009 - 2026)
Globe Life's Gross Margin came in at 50.10% for Q2 2026, up 1.14 percentage points from 48.96% a year earlier and up 0.73 percentage points from the prior quarter.
Globe Life (GL) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Globe Life reported Gross Margin of 52.11%, up 8.57 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 three 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 (+26.78 pp), 23.13% in FY2023 (+0.58 pp), 22.55% in FY2022 (-1.22 pp) and 23.77% in FY2021 (+4.76 pp).
- The five-year range for quarterly Gross Margin is 17.24% (Q3 2021) to 59.24% (Q3 2025).
- Year-over-year, Gross Margin has increased for eight consecutive quarters, with an average year-over-year change of +14.54 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2025 (a gain of 33.19 percentage points), and the weakest in Q4 2022 (a drop of 20.84 percentage points).
- Business Quant data shows GL's Gross Margin at 49.37% (Q1 2026), 49.93% (Q4 2025) and 59.24% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 139.80 Bn | 86.38 Bn | 9.13 Bn | 57.69% |
| 2 | Progressive | 131.73 Bn | 107.57 Bn | 9.04 Bn | 38.28% |
| 3 | Marsh & Mclennan Companies | 92.76 Bn | 84.92 Bn | - | - |
| 4 | Travelers Companies | 84.99 Bn | 61.24 Bn | 6.23 Bn | 51.27% |
| 5 | Manulife Financial | 76.74 Bn | -18.15 Bn | - | - |
| 6 | Arthur J. Gallagher | 68.20 Bn | 62.60 Bn | - | - |
| 7 | Allstate | 65.23 Bn | 26.50 Bn | 8.73 Bn | 46.97% |
| 8 | Metlife | 65.07 Bn | -41.71 Bn | 7.82 Bn | 40.82% |
| 9 | Aon | 64.56 Bn | 57.78 Bn | - | - |
| 10 | Globe Life | 12.65 Bn | 11.89 Bn | 801.48 Mn | 50.10% |
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 | 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% |
| Sep 30, 2021 | 17.24% |
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();