vs

Side-by-side financial comparison of Globe Life (GL) and Organon & Co. (OGN). Click either name above to swap in a different company.

Globe Life is the larger business by last-quarter revenue ($1.6B vs $1.5B, roughly 1.0× Organon & Co.). Globe Life runs the higher net margin — 17.3% vs -13.6%, a 30.9% gap on every dollar of revenue. On growth, Globe Life posted the faster year-over-year revenue change (5.3% vs -5.3%). Over the past eight quarters, Globe Life's revenue compounded faster (4.1% 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.

Organon & Co. is an American pharmaceutical company headquartered in Jersey City, New Jersey. Organon specializes in the following core therapeutic fields: reproductive medicine, contraception, psychiatry, hormone replacement therapy (HRT), and anesthesia. Organon produces all its products outside of the United States but receives a third of its revenue from the United States.

GL vs OGN — Head-to-Head

Bigger by revenue
GL
GL
1.0× larger
GL
$1.6B
$1.5B
OGN
Growing faster (revenue YoY)
GL
GL
+10.7% gap
GL
5.3%
-5.3%
OGN
Higher net margin
GL
GL
30.9% more per $
GL
17.3%
-13.6%
OGN
Faster 2-yr revenue CAGR
GL
GL
Annualised
GL
4.1%
-3.6%
OGN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GL
GL
OGN
OGN
Revenue
$1.6B
$1.5B
Net Profit
$270.5M
$-205.0M
Gross Margin
49.2%
Operating Margin
-9.8%
Net Margin
17.3%
-13.6%
Revenue YoY
5.3%
-5.3%
Net Profit YoY
-288.1%
EPS (diluted)
$3.39
$-0.78

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
OGN
OGN
Q1 26
$1.6B
Q4 25
$1.5B
$1.5B
Q3 25
$1.5B
$1.6B
Q2 25
$1.5B
$1.6B
Q1 25
$1.5B
$1.5B
Q4 24
$1.5B
$1.6B
Q3 24
$1.5B
$1.6B
Q2 24
$1.4B
$1.6B
Net Profit
GL
GL
OGN
OGN
Q1 26
$270.5M
Q4 25
$266.1M
$-205.0M
Q3 25
$387.8M
$160.0M
Q2 25
$252.7M
$145.0M
Q1 25
$254.6M
$87.0M
Q4 24
$255.2M
$109.0M
Q3 24
$303.0M
$359.0M
Q2 24
$258.4M
$195.0M
Gross Margin
GL
GL
OGN
OGN
Q1 26
Q4 25
49.2%
Q3 25
53.5%
Q2 25
54.8%
Q1 25
55.6%
Q4 24
56.3%
Q3 24
26.1%
58.3%
Q2 24
23.3%
58.4%
Operating Margin
GL
GL
OGN
OGN
Q1 26
Q4 25
21.7%
-9.8%
Q3 25
31.5%
15.2%
Q2 25
21.2%
14.4%
Q1 25
21.4%
6.7%
Q4 24
21.3%
8.1%
Q3 24
26.3%
13.1%
Q2 24
23.5%
14.6%
Net Margin
GL
GL
OGN
OGN
Q1 26
17.3%
Q4 25
17.5%
-13.6%
Q3 25
25.6%
10.0%
Q2 25
17.1%
9.1%
Q1 25
17.2%
5.8%
Q4 24
17.4%
6.8%
Q3 24
20.8%
22.7%
Q2 24
17.9%
12.1%
EPS (diluted)
GL
GL
OGN
OGN
Q1 26
$3.39
Q4 25
$3.28
$-0.78
Q3 25
$4.73
$0.61
Q2 25
$3.05
$0.56
Q1 25
$3.01
$0.33
Q4 24
$3.00
$0.42
Q3 24
$3.44
$1.38
Q2 24
$2.83
$0.75

Balance Sheet & Financial Strength

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

Metric
GL
GL
OGN
OGN
Cash + ST InvestmentsLiquidity on hand
$183.8M
$574.0M
Total DebtLower is stronger
$8.6B
Stockholders' EquityBook value
$6.1B
$752.0M
Total Assets
$12.9B
Debt / EquityLower = less leverage
11.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GL
GL
OGN
OGN
Q1 26
$183.8M
Q4 25
$314.7M
$574.0M
Q3 25
$62.8M
$672.0M
Q2 25
$116.7M
$599.0M
Q1 25
$134.1M
$547.0M
Q4 24
$85.0M
$675.0M
Q3 24
$100.5M
$763.0M
Q2 24
$100.6M
$704.0M
Total Debt
GL
GL
OGN
OGN
Q1 26
Q4 25
$8.6B
Q3 25
$8.8B
Q2 25
$8.9B
Q1 25
$9.0B
Q4 24
$8.9B
Q3 24
$8.7B
Q2 24
$8.7B
Stockholders' Equity
GL
GL
OGN
OGN
Q1 26
$6.1B
Q4 25
$6.0B
$752.0M
Q3 25
$5.7B
$906.0M
Q2 25
$5.4B
$733.0M
Q1 25
$5.4B
$542.0M
Q4 24
$5.3B
$472.0M
Q3 24
$4.6B
$493.0M
Q2 24
$5.2B
$144.0M
Total Assets
GL
GL
OGN
OGN
Q1 26
Q4 25
$30.8B
$12.9B
Q3 25
$30.5B
$13.6B
Q2 25
$29.8B
$13.5B
Q1 25
$29.7B
$13.2B
Q4 24
$29.1B
$13.1B
Q3 24
$29.6B
$12.8B
Q2 24
$28.3B
$12.2B
Debt / Equity
GL
GL
OGN
OGN
Q1 26
Q4 25
11.49×
Q3 25
9.74×
Q2 25
12.14×
Q1 25
16.52×
Q4 24
18.81×
Q3 24
17.75×
Q2 24
60.11×

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
OGN
OGN
Operating Cash FlowLast quarter
$141.0M
Free Cash FlowOCF − Capex
$96.0M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$538.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GL
GL
OGN
OGN
Q1 26
Q4 25
$350.6M
$141.0M
Q3 25
$306.0M
$264.0M
Q2 25
$307.9M
$220.0M
Q1 25
$431.9M
$75.0M
Q4 24
$336.9M
$390.0M
Q3 24
$340.6M
$141.0M
Q2 24
$374.1M
$332.0M
Free Cash Flow
GL
GL
OGN
OGN
Q1 26
Q4 25
$330.1M
$96.0M
Q3 25
$208.7M
$218.0M
Q2 25
$295.0M
$181.0M
Q1 25
$420.1M
$43.0M
Q4 24
$321.9M
$335.0M
Q3 24
$311.3M
$99.0M
Q2 24
$356.5M
$300.0M
FCF Margin
GL
GL
OGN
OGN
Q1 26
Q4 25
21.7%
6.4%
Q3 25
13.8%
13.6%
Q2 25
19.9%
11.4%
Q1 25
28.4%
2.8%
Q4 24
22.0%
21.0%
Q3 24
21.4%
6.3%
Q2 24
24.8%
18.7%
Capex Intensity
GL
GL
OGN
OGN
Q1 26
Q4 25
1.3%
3.0%
Q3 25
6.4%
2.9%
Q2 25
0.9%
2.4%
Q1 25
0.8%
2.1%
Q4 24
1.0%
3.5%
Q3 24
2.0%
2.7%
Q2 24
1.2%
2.0%
Cash Conversion
GL
GL
OGN
OGN
Q1 26
Q4 25
1.32×
Q3 25
0.79×
1.65×
Q2 25
1.22×
1.52×
Q1 25
1.70×
0.86×
Q4 24
1.32×
3.58×
Q3 24
1.12×
0.39×
Q2 24
1.45×
1.70×

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%

OGN
OGN

Segment breakdown not available.

Related Comparisons