• Globe Life average ebitda margin for 2023 was 22.94%, a 14.43% increase from 2022.
• Globe Life average ebitda margin for 2022 was 26.81%, a 21.48% decline from 2021.
• Globe Life average ebitda margin for 2021 was 22.07%, a 4.55% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.