• Globe Life average net profit margin for 2024 was 18.52%, a 7.93% decline from 2023.
• Globe Life average net profit margin for 2023 was 17.16%, a 15.59% increase from 2022.
• Globe Life average net profit margin for 2022 was 20.33%, a 22.62% decline from 2021.

Net profit margin can be defined as net Income as a portion of total sales revenue.