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Side-by-side financial comparison of Globe Life (GL) and International Flavors & Fragrances (IFF). Click either name above to swap in a different company.

International Flavors & Fragrances is the larger business by last-quarter revenue ($2.6B vs $1.6B, roughly 1.7× Globe Life). Globe Life runs the higher net margin — 17.3% vs 0.2%, a 17.2% gap on every dollar of revenue. On growth, Globe Life posted the faster year-over-year revenue change (5.3% vs -6.6%). Over the past eight quarters, Globe Life's revenue compounded faster (4.1% CAGR vs -5.5%).

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.

International Flavors & Fragrances Inc. (IFF) is an American corporation that creates products across taste, texture, scent, nutrition, enzymes, cultures, soy proteins, and probiotics categories, which it markets globally. It is headquartered in New York City and has creative, sales, and manufacturing facilities in 44 countries. The company is a member of the S&P 500 index.

GL vs IFF — Head-to-Head

Bigger by revenue
IFF
IFF
1.7× larger
IFF
$2.6B
$1.6B
GL
Growing faster (revenue YoY)
GL
GL
+11.9% gap
GL
5.3%
-6.6%
IFF
Higher net margin
GL
GL
17.2% more per $
GL
17.3%
0.2%
IFF
Faster 2-yr revenue CAGR
GL
GL
Annualised
GL
4.1%
-5.5%
IFF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GL
GL
IFF
IFF
Revenue
$1.6B
$2.6B
Net Profit
$270.5M
$5.0M
Gross Margin
34.4%
Operating Margin
3.7%
Net Margin
17.3%
0.2%
Revenue YoY
5.3%
-6.6%
Net Profit YoY
110.9%
EPS (diluted)
$3.39
$0.03

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
IFF
IFF
Q1 26
$1.6B
Q4 25
$1.5B
$2.6B
Q3 25
$1.5B
$2.7B
Q2 25
$1.5B
$2.8B
Q1 25
$1.5B
$2.8B
Q4 24
$1.5B
$2.8B
Q3 24
$1.5B
$2.9B
Q2 24
$1.4B
$2.9B
Net Profit
GL
GL
IFF
IFF
Q1 26
$270.5M
Q4 25
$266.1M
$5.0M
Q3 25
$387.8M
$40.0M
Q2 25
$252.7M
$612.0M
Q1 25
$254.6M
$-1.0B
Q4 24
$255.2M
$-46.0M
Q3 24
$303.0M
$59.0M
Q2 24
$258.4M
$170.0M
Gross Margin
GL
GL
IFF
IFF
Q1 26
Q4 25
34.4%
Q3 25
36.5%
Q2 25
37.3%
Q1 25
36.4%
Q4 24
35.4%
Q3 24
26.1%
36.0%
Q2 24
23.3%
37.0%
Operating Margin
GL
GL
IFF
IFF
Q1 26
Q4 25
21.7%
3.7%
Q3 25
31.5%
8.4%
Q2 25
21.2%
7.2%
Q1 25
21.4%
-31.8%
Q4 24
21.3%
4.6%
Q3 24
26.3%
8.5%
Q2 24
23.5%
6.6%
Net Margin
GL
GL
IFF
IFF
Q1 26
17.3%
Q4 25
17.5%
0.2%
Q3 25
25.6%
1.5%
Q2 25
17.1%
22.1%
Q1 25
17.2%
-35.8%
Q4 24
17.4%
-1.7%
Q3 24
20.8%
2.0%
Q2 24
17.9%
5.9%
EPS (diluted)
GL
GL
IFF
IFF
Q1 26
$3.39
Q4 25
$3.28
$0.03
Q3 25
$4.73
$0.16
Q2 25
$3.05
$2.38
Q1 25
$3.01
$-3.98
Q4 24
$3.00
$-0.17
Q3 24
$3.44
$0.23
Q2 24
$2.83
$0.66

Balance Sheet & Financial Strength

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

Metric
GL
GL
IFF
IFF
Cash + ST InvestmentsLiquidity on hand
$183.8M
$590.0M
Total DebtLower is stronger
$5.6B
Stockholders' EquityBook value
$6.1B
$14.2B
Total Assets
$25.5B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GL
GL
IFF
IFF
Q1 26
$183.8M
Q4 25
$314.7M
$590.0M
Q3 25
$62.8M
$621.0M
Q2 25
$116.7M
$816.0M
Q1 25
$134.1M
$613.0M
Q4 24
$85.0M
$469.0M
Q3 24
$100.5M
$567.0M
Q2 24
$100.6M
$671.0M
Total Debt
GL
GL
IFF
IFF
Q1 26
Q4 25
$5.6B
Q3 25
Q2 25
Q1 25
Q4 24
$8.9B
Q3 24
Q2 24
Stockholders' Equity
GL
GL
IFF
IFF
Q1 26
$6.1B
Q4 25
$6.0B
$14.2B
Q3 25
$5.7B
$14.2B
Q2 25
$5.4B
$14.4B
Q1 25
$5.4B
$13.2B
Q4 24
$5.3B
$13.9B
Q3 24
$4.6B
$14.8B
Q2 24
$5.2B
$14.3B
Total Assets
GL
GL
IFF
IFF
Q1 26
Q4 25
$30.8B
$25.5B
Q3 25
$30.5B
$25.8B
Q2 25
$29.8B
$26.1B
Q1 25
$29.7B
$28.3B
Q4 24
$29.1B
$28.7B
Q3 24
$29.6B
$29.9B
Q2 24
$28.3B
$29.5B
Debt / Equity
GL
GL
IFF
IFF
Q1 26
Q4 25
0.40×
Q3 25
Q2 25
Q1 25
Q4 24
0.64×
Q3 24
Q2 24

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
IFF
IFF
Operating Cash FlowLast quarter
$318.0M
Free Cash FlowOCF − Capex
$130.0M
FCF MarginFCF / Revenue
5.0%
Capex IntensityCapex / Revenue
7.3%
Cash ConversionOCF / Net Profit
63.60×
TTM Free Cash FlowTrailing 4 quarters
$256.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GL
GL
IFF
IFF
Q1 26
Q4 25
$350.6M
$318.0M
Q3 25
$306.0M
$164.0M
Q2 25
$307.9M
$241.0M
Q1 25
$431.9M
$127.0M
Q4 24
$336.9M
$368.0M
Q3 24
$340.6M
$366.0M
Q2 24
$374.1M
$237.0M
Free Cash Flow
GL
GL
IFF
IFF
Q1 26
Q4 25
$330.1M
$130.0M
Q3 25
$208.7M
$32.0M
Q2 25
$295.0M
$146.0M
Q1 25
$420.1M
$-52.0M
Q4 24
$321.9M
$208.0M
Q3 24
$311.3M
$263.0M
Q2 24
$356.5M
$155.0M
FCF Margin
GL
GL
IFF
IFF
Q1 26
Q4 25
21.7%
5.0%
Q3 25
13.8%
1.2%
Q2 25
19.9%
5.3%
Q1 25
28.4%
-1.8%
Q4 24
22.0%
7.5%
Q3 24
21.4%
9.0%
Q2 24
24.8%
5.4%
Capex Intensity
GL
GL
IFF
IFF
Q1 26
Q4 25
1.3%
7.3%
Q3 25
6.4%
4.9%
Q2 25
0.9%
3.4%
Q1 25
0.8%
6.3%
Q4 24
1.0%
5.8%
Q3 24
2.0%
3.5%
Q2 24
1.2%
2.8%
Cash Conversion
GL
GL
IFF
IFF
Q1 26
Q4 25
1.32×
63.60×
Q3 25
0.79×
4.10×
Q2 25
1.22×
0.39×
Q1 25
1.70×
Q4 24
1.32×
Q3 24
1.12×
6.20×
Q2 24
1.45×
1.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GL
GL

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

IFF
IFF

Food Ingredients$802.0M31%
Scent$610.0M24%
Other$589.0M23%
Taste$588.0M23%

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