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

Globe Life is the larger business by last-quarter revenue ($1.6B vs $1.1B, roughly 1.5× Alliant Energy). Globe Life runs the higher net margin — 17.3% vs 13.4%, a 4.0% gap on every dollar of revenue. On growth, Alliant Energy posted the faster year-over-year revenue change (9.0% vs 5.3%). Over the past eight quarters, Globe Life's revenue compounded faster (4.1% CAGR vs 1.5%).

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.

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinoi...

GL vs LNT — Head-to-Head

Bigger by revenue
GL
GL
1.5× larger
GL
$1.6B
$1.1B
LNT
Growing faster (revenue YoY)
LNT
LNT
+3.7% gap
LNT
9.0%
5.3%
GL
Higher net margin
GL
GL
4.0% more per $
GL
17.3%
13.4%
LNT
Faster 2-yr revenue CAGR
GL
GL
Annualised
GL
4.1%
1.5%
LNT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GL
GL
LNT
LNT
Revenue
$1.6B
$1.1B
Net Profit
$270.5M
$142.0M
Gross Margin
85.9%
Operating Margin
18.4%
Net Margin
17.3%
13.4%
Revenue YoY
5.3%
9.0%
Net Profit YoY
6.3%
-5.3%
EPS (diluted)
$3.39
$0.54

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
LNT
LNT
Q1 26
$1.6B
Q4 25
$1.5B
$1.1B
Q3 25
$1.5B
$1.2B
Q2 25
$1.5B
$961.0M
Q1 25
$1.5B
$1.1B
Q4 24
$1.5B
$975.0M
Q3 24
$1.5B
$1.1B
Q2 24
$1.4B
$894.0M
Net Profit
GL
GL
LNT
LNT
Q1 26
$270.5M
Q4 25
$266.1M
$142.0M
Q3 25
$387.8M
$281.0M
Q2 25
$252.7M
$174.0M
Q1 25
$254.6M
$213.0M
Q4 24
$255.2M
$150.0M
Q3 24
$303.0M
$295.0M
Q2 24
$258.4M
$87.0M
Gross Margin
GL
GL
LNT
LNT
Q1 26
Q4 25
85.9%
Q3 25
86.3%
Q2 25
84.3%
Q1 25
86.0%
Q4 24
84.7%
Q3 24
26.1%
84.7%
Q2 24
23.3%
83.6%
Operating Margin
GL
GL
LNT
LNT
Q1 26
Q4 25
21.7%
18.4%
Q3 25
31.5%
28.8%
Q2 25
21.2%
23.2%
Q1 25
21.4%
22.8%
Q4 24
21.3%
22.7%
Q3 24
26.3%
29.0%
Q2 24
23.5%
14.5%
Net Margin
GL
GL
LNT
LNT
Q1 26
17.3%
Q4 25
17.5%
13.4%
Q3 25
25.6%
23.2%
Q2 25
17.1%
18.1%
Q1 25
17.2%
18.9%
Q4 24
17.4%
15.4%
Q3 24
20.8%
27.3%
Q2 24
17.9%
9.7%
EPS (diluted)
GL
GL
LNT
LNT
Q1 26
$3.39
Q4 25
$3.28
$0.54
Q3 25
$4.73
$1.09
Q2 25
$3.05
$0.68
Q1 25
$3.01
$0.83
Q4 24
$3.00
$0.58
Q3 24
$3.44
$1.15
Q2 24
$2.83
$0.34

Balance Sheet & Financial Strength

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

Metric
GL
GL
LNT
LNT
Cash + ST InvestmentsLiquidity on hand
$183.8M
$556.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.1B
$7.3B
Total Assets
$25.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GL
GL
LNT
LNT
Q1 26
$183.8M
Q4 25
$314.7M
$556.0M
Q3 25
$62.8M
$753.0M
Q2 25
$116.7M
$329.0M
Q1 25
$134.1M
$25.0M
Q4 24
$85.0M
$81.0M
Q3 24
$100.5M
$827.0M
Q2 24
$100.6M
$92.0M
Stockholders' Equity
GL
GL
LNT
LNT
Q1 26
$6.1B
Q4 25
$6.0B
$7.3B
Q3 25
$5.7B
$7.3B
Q2 25
$5.4B
$7.1B
Q1 25
$5.4B
$7.1B
Q4 24
$5.3B
$7.0B
Q3 24
$4.6B
$7.0B
Q2 24
$5.2B
$6.8B
Total Assets
GL
GL
LNT
LNT
Q1 26
Q4 25
$30.8B
$25.0B
Q3 25
$30.5B
$24.6B
Q2 25
$29.8B
$23.8B
Q1 25
$29.7B
$22.9B
Q4 24
$29.1B
$22.7B
Q3 24
$29.6B
$22.8B
Q2 24
$28.3B
$21.8B

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
LNT
LNT
Operating Cash FlowLast quarter
$269.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.89×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GL
GL
LNT
LNT
Q1 26
Q4 25
$350.6M
$269.0M
Q3 25
$306.0M
$408.0M
Q2 25
$307.9M
$243.0M
Q1 25
$431.9M
$249.0M
Q4 24
$336.9M
$254.0M
Q3 24
$340.6M
$351.0M
Q2 24
$374.1M
$255.0M
Free Cash Flow
GL
GL
LNT
LNT
Q1 26
Q4 25
$330.1M
Q3 25
$208.7M
$-103.0M
Q2 25
$295.0M
$-179.0M
Q1 25
$420.1M
$-305.0M
Q4 24
$321.9M
Q3 24
$311.3M
$-59.0M
Q2 24
$356.5M
$-137.0M
FCF Margin
GL
GL
LNT
LNT
Q1 26
Q4 25
21.7%
Q3 25
13.8%
-8.5%
Q2 25
19.9%
-18.6%
Q1 25
28.4%
-27.0%
Q4 24
22.0%
Q3 24
21.4%
-5.5%
Q2 24
24.8%
-15.3%
Capex Intensity
GL
GL
LNT
LNT
Q1 26
Q4 25
1.3%
Q3 25
6.4%
42.2%
Q2 25
0.9%
43.9%
Q1 25
0.8%
49.1%
Q4 24
1.0%
Q3 24
2.0%
37.9%
Q2 24
1.2%
43.8%
Cash Conversion
GL
GL
LNT
LNT
Q1 26
Q4 25
1.32×
1.89×
Q3 25
0.79×
1.45×
Q2 25
1.22×
1.40×
Q1 25
1.70×
1.17×
Q4 24
1.32×
1.69×
Q3 24
1.12×
1.19×
Q2 24
1.45×
2.93×

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%

LNT
LNT

Retail Residential$313.0M29%
Retail Industrial$251.0M24%
Retail Commercial$226.0M21%
Gas$158.0M15%
Other Customer$43.0M4%
Wholesale$36.0M3%
Other Utility$15.0M1%
Steam$9.0M1%

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