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Side-by-side financial comparison of FLOWERS FOODS INC (FLO) and Globe Life (GL). Click either name above to swap in a different company.

Globe Life is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.3× FLOWERS FOODS INC). On growth, FLOWERS FOODS INC posted the faster year-over-year revenue change (11.0% vs 5.3%). Over the past eight quarters, Globe Life's revenue compounded faster (4.1% CAGR vs -11.6%).

Flowers Foods, headquartered in Thomasville, Georgia, is a producer and marketer of packaged bakery foods in the United States. The company operates 44 bakeries across 19 states that produce a variety of products, including bread, buns, rolls, snack cakes, pastries, and tortillas. As of February 2013, Flowers Foods had grown to be the "second-largest baking company in the United States."

Globe Life Inc. (GL) is an American financial services holding company listed on the New York Stock Exchange which operates through its wholly owned subsidiaries providing life insurance, annuity, and supplemental health insurance products. The company is based in McKinney, Texas.

FLO vs GL — Head-to-Head

Bigger by revenue
GL
GL
1.3× larger
GL
$1.6B
$1.2B
FLO
Growing faster (revenue YoY)
FLO
FLO
+5.6% gap
FLO
11.0%
5.3%
GL
Faster 2-yr revenue CAGR
GL
GL
Annualised
GL
4.1%
-11.6%
FLO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FLO
FLO
GL
GL
Revenue
$1.2B
$1.6B
Net Profit
$270.5M
Gross Margin
Operating Margin
Net Margin
17.3%
Revenue YoY
11.0%
5.3%
Net Profit YoY
EPS (diluted)
$3.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLO
FLO
GL
GL
Q1 26
$1.6B
Q4 25
$1.2B
$1.5B
Q3 25
$1.2B
$1.5B
Q2 25
$1.6B
$1.5B
Q1 25
$1.5B
Q4 24
$1.2B
$1.5B
Q3 24
$1.2B
$1.5B
Q2 24
$1.6B
$1.4B
Net Profit
FLO
FLO
GL
GL
Q1 26
$270.5M
Q4 25
$39.5M
$266.1M
Q3 25
$58.4M
$387.8M
Q2 25
$53.0M
$252.7M
Q1 25
$254.6M
Q4 24
$65.0M
$255.2M
Q3 24
$67.0M
$303.0M
Q2 24
$73.0M
$258.4M
Gross Margin
FLO
FLO
GL
GL
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
26.1%
Q2 24
23.3%
Operating Margin
FLO
FLO
GL
GL
Q1 26
Q4 25
5.4%
21.7%
Q3 25
7.5%
31.5%
Q2 25
5.5%
21.2%
Q1 25
21.4%
Q4 24
7.6%
21.3%
Q3 24
7.8%
26.3%
Q2 24
6.4%
23.5%
Net Margin
FLO
FLO
GL
GL
Q1 26
17.3%
Q4 25
3.2%
17.5%
Q3 25
4.7%
25.6%
Q2 25
3.4%
17.1%
Q1 25
17.2%
Q4 24
5.5%
17.4%
Q3 24
5.5%
20.8%
Q2 24
4.6%
17.9%
EPS (diluted)
FLO
FLO
GL
GL
Q1 26
$3.39
Q4 25
$0.19
$3.28
Q3 25
$0.28
$4.73
Q2 25
$0.25
$3.05
Q1 25
$3.01
Q4 24
$0.31
$3.00
Q3 24
$0.32
$3.44
Q2 24
$0.34
$2.83

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLO
FLO
GL
GL
Cash + ST InvestmentsLiquidity on hand
$12.1M
$183.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.1B
Total Assets
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLO
FLO
GL
GL
Q1 26
$183.8M
Q4 25
$16.7M
$314.7M
Q3 25
$11.0M
$62.8M
Q2 25
$7.3M
$116.7M
Q1 25
$134.1M
Q4 24
$15.0M
$85.0M
Q3 24
$6.9M
$100.5M
Q2 24
$15.8M
$100.6M
Total Debt
FLO
FLO
GL
GL
Q1 26
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.8B
Q1 25
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.0B
Stockholders' Equity
FLO
FLO
GL
GL
Q1 26
$6.1B
Q4 25
$1.4B
$6.0B
Q3 25
$1.4B
$5.7B
Q2 25
$1.4B
$5.4B
Q1 25
$5.4B
Q4 24
$1.4B
$5.3B
Q3 24
$1.4B
$4.6B
Q2 24
$1.4B
$5.2B
Total Assets
FLO
FLO
GL
GL
Q1 26
Q4 25
$4.3B
$30.8B
Q3 25
$4.3B
$30.5B
Q2 25
$4.3B
$29.8B
Q1 25
$29.7B
Q4 24
$3.4B
$29.1B
Q3 24
$3.4B
$29.6B
Q2 24
$3.4B
$28.3B
Debt / Equity
FLO
FLO
GL
GL
Q1 26
Q4 25
1.25×
Q3 25
1.23×
Q2 25
1.26×
Q1 25
Q4 24
0.75×
Q3 24
0.77×
Q2 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLO
FLO
GL
GL
Operating Cash FlowLast quarter
$125.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLO
FLO
GL
GL
Q1 26
Q4 25
$54.4M
$350.6M
Q3 25
$130.8M
$306.0M
Q2 25
$135.6M
$307.9M
Q1 25
$431.9M
Q4 24
$113.9M
$336.9M
Q3 24
$63.3M
$340.6M
Q2 24
$105.1M
$374.1M
Free Cash Flow
FLO
FLO
GL
GL
Q1 26
Q4 25
$30.4M
$330.1M
Q3 25
$100.0M
$208.7M
Q2 25
$110.1M
$295.0M
Q1 25
$420.1M
Q4 24
$88.6M
$321.9M
Q3 24
$35.4M
$311.3M
Q2 24
$71.8M
$356.5M
FCF Margin
FLO
FLO
GL
GL
Q1 26
Q4 25
2.5%
21.7%
Q3 25
8.0%
13.8%
Q2 25
7.1%
19.9%
Q1 25
28.4%
Q4 24
7.4%
22.0%
Q3 24
2.9%
21.4%
Q2 24
4.6%
24.8%
Capex Intensity
FLO
FLO
GL
GL
Q1 26
Q4 25
2.0%
1.3%
Q3 25
2.5%
6.4%
Q2 25
1.6%
0.9%
Q1 25
0.8%
Q4 24
2.1%
1.0%
Q3 24
2.3%
2.0%
Q2 24
2.1%
1.2%
Cash Conversion
FLO
FLO
GL
GL
Q1 26
Q4 25
1.38×
1.32×
Q3 25
2.24×
0.79×
Q2 25
2.56×
1.22×
Q1 25
1.70×
Q4 24
1.75×
1.32×
Q3 24
0.94×
1.12×
Q2 24
1.44×
1.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FLO
FLO

Segment breakdown not available.

GL
GL

Life premium$853.2M55%
Health premium$416.9M27%
Other$289.5M19%

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