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Side-by-side financial comparison of GREIF, INC (GEF) 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 $994.8M, roughly 1.6× GREIF, INC). GREIF, INC runs the higher net margin — 17.6% vs 17.3%, a 0.2% gap on every dollar of revenue. On growth, Globe Life posted the faster year-over-year revenue change (5.3% vs -21.4%). Over the past eight quarters, Globe Life's revenue compounded faster (4.1% CAGR vs -9.2%).

Greif, Inc. is a global leader in industrial packaging products and services based in Delaware, Ohio. Originally a manufacturer of barrels, the company is now focused on producing steel, fiber and plastic drums, IBCs, jerrycans, plastic bottles, closures, containerboard, corrugated products and adhesives. In 2018, the company ranked 617 on the Fortune 1000.

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.

GEF vs GL — Head-to-Head

Bigger by revenue
GL
GL
1.6× larger
GL
$1.6B
$994.8M
GEF
Growing faster (revenue YoY)
GL
GL
+26.8% gap
GL
5.3%
-21.4%
GEF
Higher net margin
GEF
GEF
0.2% more per $
GEF
17.6%
17.3%
GL
Faster 2-yr revenue CAGR
GL
GL
Annualised
GL
4.1%
-9.2%
GEF

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GEF
GEF
GL
GL
Revenue
$994.8M
$1.6B
Net Profit
$174.6M
$270.5M
Gross Margin
20.4%
Operating Margin
25.8%
Net Margin
17.6%
17.3%
Revenue YoY
-21.4%
5.3%
Net Profit YoY
1930.2%
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
GEF
GEF
GL
GL
Q1 26
$1.6B
Q4 25
$994.8M
$1.5B
Q3 25
$1.1B
$1.5B
Q2 25
$1.4B
$1.5B
Q1 25
$1.3B
$1.5B
Q4 24
$1.4B
$1.5B
Q3 24
$1.5B
$1.5B
Q2 24
$1.4B
$1.4B
Net Profit
GEF
GEF
GL
GL
Q1 26
$270.5M
Q4 25
$174.6M
$266.1M
Q3 25
$64.0M
$387.8M
Q2 25
$47.3M
$252.7M
Q1 25
$8.6M
$254.6M
Q4 24
$70.1M
$255.2M
Q3 24
$87.1M
$303.0M
Q2 24
$44.4M
$258.4M
Gross Margin
GEF
GEF
GL
GL
Q1 26
Q4 25
20.4%
Q3 25
22.7%
Q2 25
23.1%
Q1 25
19.4%
Q4 24
20.4%
Q3 24
20.0%
26.1%
Q2 24
19.7%
23.3%
Operating Margin
GEF
GEF
GL
GL
Q1 26
Q4 25
25.8%
21.7%
Q3 25
6.4%
31.5%
Q2 25
8.6%
21.2%
Q1 25
4.7%
21.4%
Q4 24
8.9%
21.3%
Q3 24
11.8%
26.3%
Q2 24
7.2%
23.5%
Net Margin
GEF
GEF
GL
GL
Q1 26
17.3%
Q4 25
17.6%
17.5%
Q3 25
5.6%
25.6%
Q2 25
3.4%
17.1%
Q1 25
0.7%
17.2%
Q4 24
4.9%
17.4%
Q3 24
6.0%
20.8%
Q2 24
3.2%
17.9%
EPS (diluted)
GEF
GEF
GL
GL
Q1 26
$3.39
Q4 25
$3.28
Q3 25
$4.73
Q2 25
$3.05
Q1 25
$3.01
Q4 24
$3.00
Q3 24
$3.44
Q2 24
$2.83

Balance Sheet & Financial Strength

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

Metric
GEF
GEF
GL
GL
Cash + ST InvestmentsLiquidity on hand
$243.5M
$183.8M
Total DebtLower is stronger
$655.1M
Stockholders' EquityBook value
$2.9B
$6.1B
Total Assets
$5.5B
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GEF
GEF
GL
GL
Q1 26
$183.8M
Q4 25
$243.5M
$314.7M
Q3 25
$285.2M
$62.8M
Q2 25
$252.7M
$116.7M
Q1 25
$201.1M
$134.1M
Q4 24
$197.7M
$85.0M
Q3 24
$194.2M
$100.5M
Q2 24
$196.0M
$100.6M
Total Debt
GEF
GEF
GL
GL
Q1 26
Q4 25
$655.1M
Q3 25
$2.3B
Q2 25
$2.4B
Q1 25
$2.5B
Q4 24
$2.7B
Q3 24
$2.9B
Q2 24
$2.9B
Stockholders' Equity
GEF
GEF
GL
GL
Q1 26
$6.1B
Q4 25
$2.9B
$6.0B
Q3 25
$2.2B
$5.7B
Q2 25
$2.1B
$5.4B
Q1 25
$2.0B
$5.4B
Q4 24
$2.1B
$5.3B
Q3 24
$2.1B
$4.6B
Q2 24
$2.0B
$5.2B
Total Assets
GEF
GEF
GL
GL
Q1 26
Q4 25
$5.5B
$30.8B
Q3 25
$6.7B
$30.5B
Q2 25
$6.8B
$29.8B
Q1 25
$6.6B
$29.7B
Q4 24
$6.6B
$29.1B
Q3 24
$6.8B
$29.6B
Q2 24
$6.8B
$28.3B
Debt / Equity
GEF
GEF
GL
GL
Q1 26
Q4 25
0.22×
Q3 25
1.06×
Q2 25
1.12×
Q1 25
1.24×
Q4 24
1.31×
Q3 24
1.41×
Q2 24
1.44×

Cash Flow & Capital Efficiency

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

Metric
GEF
GEF
GL
GL
Operating Cash FlowLast quarter
$-24.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.14×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GEF
GEF
GL
GL
Q1 26
Q4 25
$-24.4M
$350.6M
Q3 25
$197.7M
$306.0M
Q2 25
$136.4M
$307.9M
Q1 25
$-30.8M
$431.9M
Q4 24
$187.2M
$336.9M
Q3 24
$76.8M
$340.6M
Q2 24
$87.5M
$374.1M
Free Cash Flow
GEF
GEF
GL
GL
Q1 26
Q4 25
$330.1M
Q3 25
$208.7M
Q2 25
$295.0M
Q1 25
$420.1M
Q4 24
$321.9M
Q3 24
$311.3M
Q2 24
$356.5M
FCF Margin
GEF
GEF
GL
GL
Q1 26
Q4 25
21.7%
Q3 25
13.8%
Q2 25
19.9%
Q1 25
28.4%
Q4 24
22.0%
Q3 24
21.4%
Q2 24
24.8%
Capex Intensity
GEF
GEF
GL
GL
Q1 26
Q4 25
1.3%
Q3 25
6.4%
Q2 25
0.9%
Q1 25
0.8%
Q4 24
1.0%
Q3 24
2.0%
Q2 24
1.2%
Cash Conversion
GEF
GEF
GL
GL
Q1 26
Q4 25
-0.14×
1.32×
Q3 25
3.09×
0.79×
Q2 25
2.88×
1.22×
Q1 25
-3.58×
1.70×
Q4 24
2.67×
1.32×
Q3 24
0.88×
1.12×
Q2 24
1.97×
1.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GEF
GEF

Other$501.0M50%
Sustainable Fiber Solutions Segment$300.4M30%
Customized Polymer Solutions Segment$124.8M13%
Durable Metal Solutions Segment$62.5M6%
Innovative Closure Solutions Segment$6.1M1%

GL
GL

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

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