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Side-by-side financial comparison of Globe Life (GL) and KIRBY CORP (KEX). Click either name above to swap in a different company.

Globe Life is the larger business by last-quarter revenue ($1.6B vs $851.8M, roughly 1.8× KIRBY CORP). Globe Life runs the higher net margin — 17.3% vs 10.8%, a 6.6% gap on every dollar of revenue. On growth, KIRBY CORP posted the faster year-over-year revenue change (6.2% vs 5.3%). Over the past eight quarters, Globe Life's revenue compounded faster (4.1% CAGR vs 2.7%).

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.

Kirby Corporation, headquartered in Houston, Texas, is the largest tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii. Products transported by Kirby include petrochemicals, black oil, refined petroleum products, and agricultural chemical products by tank barge. Kirby also owns and operates eight ocean-going barge and tug units transporting ...

GL vs KEX — Head-to-Head

Bigger by revenue
GL
GL
1.8× larger
GL
$1.6B
$851.8M
KEX
Growing faster (revenue YoY)
KEX
KEX
+0.8% gap
KEX
6.2%
5.3%
GL
Higher net margin
GL
GL
6.6% more per $
GL
17.3%
10.8%
KEX
Faster 2-yr revenue CAGR
GL
GL
Annualised
GL
4.1%
2.7%
KEX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GL
GL
KEX
KEX
Revenue
$1.6B
$851.8M
Net Profit
$270.5M
$91.8M
Gross Margin
Operating Margin
15.2%
Net Margin
17.3%
10.8%
Revenue YoY
5.3%
6.2%
Net Profit YoY
6.3%
114.4%
EPS (diluted)
$3.39
$1.68

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
KEX
KEX
Q1 26
$1.6B
Q4 25
$1.5B
$851.8M
Q3 25
$1.5B
$871.2M
Q2 25
$1.5B
$855.5M
Q1 25
$1.5B
$785.7M
Q4 24
$1.5B
$802.3M
Q3 24
$1.5B
$831.1M
Q2 24
$1.4B
$824.4M
Net Profit
GL
GL
KEX
KEX
Q1 26
$270.5M
Q4 25
$266.1M
$91.8M
Q3 25
$387.8M
$92.5M
Q2 25
$252.7M
$94.3M
Q1 25
$254.6M
$76.0M
Q4 24
$255.2M
$42.8M
Q3 24
$303.0M
$90.0M
Q2 24
$258.4M
$83.9M
Gross Margin
GL
GL
KEX
KEX
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
26.1%
Q2 24
23.3%
Operating Margin
GL
GL
KEX
KEX
Q1 26
Q4 25
21.7%
15.2%
Q3 25
31.5%
14.8%
Q2 25
21.2%
15.4%
Q1 25
21.4%
13.4%
Q4 24
21.3%
6.3%
Q3 24
26.3%
15.3%
Q2 24
23.5%
14.6%
Net Margin
GL
GL
KEX
KEX
Q1 26
17.3%
Q4 25
17.5%
10.8%
Q3 25
25.6%
10.6%
Q2 25
17.1%
11.0%
Q1 25
17.2%
9.7%
Q4 24
17.4%
5.3%
Q3 24
20.8%
10.8%
Q2 24
17.9%
10.2%
EPS (diluted)
GL
GL
KEX
KEX
Q1 26
$3.39
Q4 25
$3.28
$1.68
Q3 25
$4.73
$1.65
Q2 25
$3.05
$1.67
Q1 25
$3.01
$1.33
Q4 24
$3.00
$0.74
Q3 24
$3.44
$1.55
Q2 24
$2.83
$1.43

Balance Sheet & Financial Strength

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

Metric
GL
GL
KEX
KEX
Cash + ST InvestmentsLiquidity on hand
$183.8M
$78.8M
Total DebtLower is stronger
$919.3M
Stockholders' EquityBook value
$6.1B
$3.4B
Total Assets
$6.0B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GL
GL
KEX
KEX
Q1 26
$183.8M
Q4 25
$314.7M
$78.8M
Q3 25
$62.8M
$47.0M
Q2 25
$116.7M
$68.4M
Q1 25
$134.1M
$51.1M
Q4 24
$85.0M
$74.4M
Q3 24
$100.5M
$67.1M
Q2 24
$100.6M
$53.5M
Total Debt
GL
GL
KEX
KEX
Q1 26
Q4 25
$919.3M
Q3 25
$1.0B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$874.9M
Q3 24
$978.6M
Q2 24
$1.0B
Stockholders' Equity
GL
GL
KEX
KEX
Q1 26
$6.1B
Q4 25
$6.0B
$3.4B
Q3 25
$5.7B
$3.4B
Q2 25
$5.4B
$3.4B
Q1 25
$5.4B
$3.3B
Q4 24
$5.3B
$3.4B
Q3 24
$4.6B
$3.3B
Q2 24
$5.2B
$3.3B
Total Assets
GL
GL
KEX
KEX
Q1 26
Q4 25
$30.8B
$6.0B
Q3 25
$30.5B
$6.1B
Q2 25
$29.8B
$6.1B
Q1 25
$29.7B
$6.0B
Q4 24
$29.1B
$5.9B
Q3 24
$29.6B
$5.9B
Q2 24
$28.3B
$5.9B
Debt / Equity
GL
GL
KEX
KEX
Q1 26
Q4 25
0.27×
Q3 25
0.31×
Q2 25
0.33×
Q1 25
0.33×
Q4 24
0.26×
Q3 24
0.30×
Q2 24
0.32×

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
KEX
KEX
Operating Cash FlowLast quarter
$312.2M
Free Cash FlowOCF − Capex
$265.2M
FCF MarginFCF / Revenue
31.1%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
3.40×
TTM Free Cash FlowTrailing 4 quarters
$405.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GL
GL
KEX
KEX
Q1 26
Q4 25
$350.6M
$312.2M
Q3 25
$306.0M
$227.5M
Q2 25
$307.9M
$93.9M
Q1 25
$431.9M
$36.5M
Q4 24
$336.9M
$247.4M
Q3 24
$340.6M
$206.5M
Q2 24
$374.1M
$179.3M
Free Cash Flow
GL
GL
KEX
KEX
Q1 26
Q4 25
$330.1M
$265.2M
Q3 25
$208.7M
$160.3M
Q2 25
$295.0M
$22.4M
Q1 25
$420.1M
$-42.1M
Q4 24
$321.9M
$150.7M
Q3 24
$311.3M
$130.1M
Q2 24
$356.5M
$90.8M
FCF Margin
GL
GL
KEX
KEX
Q1 26
Q4 25
21.7%
31.1%
Q3 25
13.8%
18.4%
Q2 25
19.9%
2.6%
Q1 25
28.4%
-5.4%
Q4 24
22.0%
18.8%
Q3 24
21.4%
15.7%
Q2 24
24.8%
11.0%
Capex Intensity
GL
GL
KEX
KEX
Q1 26
Q4 25
1.3%
5.5%
Q3 25
6.4%
7.7%
Q2 25
0.9%
8.4%
Q1 25
0.8%
10.0%
Q4 24
1.0%
12.0%
Q3 24
2.0%
9.2%
Q2 24
1.2%
10.7%
Cash Conversion
GL
GL
KEX
KEX
Q1 26
Q4 25
1.32×
3.40×
Q3 25
0.79×
2.46×
Q2 25
1.22×
1.00×
Q1 25
1.70×
0.48×
Q4 24
1.32×
5.78×
Q3 24
1.12×
2.30×
Q2 24
1.45×
2.14×

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%

KEX
KEX

Inland Transportation$379.2M45%
Power Generation$191.1M22%
Commercial And Industrial$149.4M18%
Coastal Transportation$102.5M12%
Oil And Gas$29.6M3%

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