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Side-by-side financial comparison of Globe Life (GL) and Interactive Brokers Group, Inc. (IBKR). Click either name above to swap in a different company.

Globe Life is the larger business by last-quarter revenue ($1.5B vs $667.0M, roughly 2.3× Interactive Brokers Group, Inc.). Interactive Brokers Group, Inc. runs the higher net margin — 180.1% vs 17.5%, a 162.6% gap on every dollar of revenue. On growth, Interactive Brokers Group, Inc. posted the faster year-over-year revenue change (19.5% vs 3.6%). Over the past eight quarters, Interactive Brokers Group, Inc.'s revenue compounded faster (23.4% CAGR vs 3.6%).

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.

Interactive Brokers, Inc. is an American multinational brokerage firm headquartered in Greenwich, Connecticut. It operates the largest electronic trading platform in the United States by number of daily average revenue trades. In 2024, the platform processed an average of 2.6 million trades per trading day. Interactive Brokers is the largest foreign exchange market broker and is one of the largest prime brokers servicing commodity brokers. The company brokers stocks, options, futures contract...

GL vs IBKR — Head-to-Head

Bigger by revenue
GL
GL
2.3× larger
GL
$1.5B
$667.0M
IBKR
Growing faster (revenue YoY)
IBKR
IBKR
+15.9% gap
IBKR
19.5%
3.6%
GL
Higher net margin
IBKR
IBKR
162.6% more per $
IBKR
180.1%
17.5%
GL
Faster 2-yr revenue CAGR
IBKR
IBKR
Annualised
IBKR
23.4%
3.6%
GL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GL
GL
IBKR
IBKR
Revenue
$1.5B
$667.0M
Net Profit
$266.1M
$1.2B
Gross Margin
Operating Margin
21.7%
Net Margin
17.5%
180.1%
Revenue YoY
3.6%
19.5%
Net Profit YoY
4.3%
23.9%
EPS (diluted)
$3.28
$-0.82

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
GL
GL
IBKR
IBKR
Q4 25
$1.5B
$667.0M
Q3 25
$1.5B
$603.0M
Q2 25
$1.5B
$578.0M
Q1 25
$1.5B
$592.0M
Q4 24
$1.5B
$558.0M
Q3 24
$1.5B
$507.0M
Q2 24
$1.4B
$474.0M
Q1 24
$1.4B
$438.0M
Net Profit
GL
GL
IBKR
IBKR
Q4 25
$266.1M
$1.2B
Q3 25
$387.8M
$1.2B
Q2 25
$252.7M
$1.0B
Q1 25
$254.6M
$964.0M
Q4 24
$255.2M
$969.0M
Q3 24
$303.0M
$834.0M
Q2 24
$258.4M
$809.0M
Q1 24
$254.2M
$795.0M
Gross Margin
GL
GL
IBKR
IBKR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
26.1%
Q2 24
23.3%
Q1 24
23.1%
Operating Margin
GL
GL
IBKR
IBKR
Q4 25
21.7%
Q3 25
31.5%
Q2 25
21.2%
Q1 25
21.4%
Q4 24
21.3%
Q3 24
26.3%
Q2 24
23.5%
Q1 24
23.1%
Net Margin
GL
GL
IBKR
IBKR
Q4 25
17.5%
180.1%
Q3 25
25.6%
196.7%
Q2 25
17.1%
174.0%
Q1 25
17.2%
162.8%
Q4 24
17.4%
173.7%
Q3 24
20.8%
164.5%
Q2 24
17.9%
170.7%
Q1 24
18.0%
181.5%
EPS (diluted)
GL
GL
IBKR
IBKR
Q4 25
$3.28
$-0.82
Q3 25
$4.73
$0.59
Q2 25
$3.05
$0.51
Q1 25
$3.01
$1.94
Q4 24
$3.00
$2.00
Q3 24
$3.44
$1.67
Q2 24
$2.83
$1.65
Q1 24
$2.67
$1.61

Balance Sheet & Financial Strength

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

Metric
GL
GL
IBKR
IBKR
Cash + ST InvestmentsLiquidity on hand
$314.7M
$5.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$6.0B
$5.4B
Total Assets
$30.8B
$203.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GL
GL
IBKR
IBKR
Q4 25
$314.7M
$5.0B
Q3 25
$62.8M
$5.1B
Q2 25
$116.7M
$4.7B
Q1 25
$134.1M
$3.5B
Q4 24
$85.0M
$3.6B
Q3 24
$100.5M
$3.6B
Q2 24
$100.6M
$3.9B
Q1 24
$58.4M
$4.1B
Stockholders' Equity
GL
GL
IBKR
IBKR
Q4 25
$6.0B
$5.4B
Q3 25
$5.7B
$5.1B
Q2 25
$5.4B
$4.8B
Q1 25
$5.4B
$4.5B
Q4 24
$5.3B
$4.3B
Q3 24
$4.6B
$4.1B
Q2 24
$5.2B
$3.9B
Q1 24
$5.0B
$3.7B
Total Assets
GL
GL
IBKR
IBKR
Q4 25
$30.8B
$203.2B
Q3 25
$30.5B
$200.2B
Q2 25
$29.8B
$181.5B
Q1 25
$29.7B
$157.7B
Q4 24
$29.1B
$150.1B
Q3 24
$29.6B
$148.5B
Q2 24
$28.3B
$136.6B
Q1 24
$28.6B
$132.2B

Cash Flow & Capital Efficiency

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

Metric
GL
GL
IBKR
IBKR
Operating Cash FlowLast quarter
$350.6M
$1.6B
Free Cash FlowOCF − Capex
$330.1M
FCF MarginFCF / Revenue
21.7%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
1.32×
1.34×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GL
GL
IBKR
IBKR
Q4 25
$350.6M
$1.6B
Q3 25
$306.0M
$4.5B
Q2 25
$307.9M
$7.1B
Q1 25
$431.9M
$2.6B
Q4 24
$336.9M
$1.8B
Q3 24
$340.6M
$3.6B
Q2 24
$374.1M
$1.6B
Q1 24
$350.8M
$1.7B
Free Cash Flow
GL
GL
IBKR
IBKR
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
Q1 24
$341.7M
FCF Margin
GL
GL
IBKR
IBKR
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%
Q1 24
24.1%
Capex Intensity
GL
GL
IBKR
IBKR
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%
Q1 24
0.6%
Cash Conversion
GL
GL
IBKR
IBKR
Q4 25
1.32×
1.34×
Q3 25
0.79×
3.78×
Q2 25
1.22×
7.10×
Q1 25
1.70×
2.68×
Q4 24
1.32×
1.90×
Q3 24
1.12×
4.29×
Q2 24
1.45×
2.00×
Q1 24
1.38×
2.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GL
GL

Life Segment$849.6M56%
Health Segment$392.3M26%
Investment Segment$281.4M19%

IBKR
IBKR

Commissions$582.0M87%
Risk Exposure Fees$21.0M3%
Market Data Fees$20.0M3%
Payments For Order Flow$17.0M3%
Other$17.0M3%
Fdic Sweep Fees$10.0M1%

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