vs

Side-by-side financial comparison of Globe Life (GL) and Packaging Corporation of America (PKG). Click either name above to swap in a different company.

Packaging Corporation of America is the larger business by last-quarter revenue ($2.4B vs $1.6B, roughly 1.5× Globe Life). Globe Life runs the higher net margin — 17.3% vs 7.2%, a 10.1% gap on every dollar of revenue. On growth, Packaging Corporation of America posted the faster year-over-year revenue change (10.6% vs 5.3%). Over the past eight quarters, Packaging Corporation of America's revenue compounded faster (6.8% CAGR vs 4.1%).

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.

Packaging Corporation of America is an American manufacturing company based in Lake Forest, Illinois. The company has about 15,500 employees, with operations primarily in the United States. The CEO is Mark W. Kowlzan.

GL vs PKG — Head-to-Head

Bigger by revenue
PKG
PKG
1.5× larger
PKG
$2.4B
$1.6B
GL
Growing faster (revenue YoY)
PKG
PKG
+5.2% gap
PKG
10.6%
5.3%
GL
Higher net margin
GL
GL
10.1% more per $
GL
17.3%
7.2%
PKG
Faster 2-yr revenue CAGR
PKG
PKG
Annualised
PKG
6.8%
4.1%
GL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GL
GL
PKG
PKG
Revenue
$1.6B
$2.4B
Net Profit
$270.5M
$170.9M
Gross Margin
19.1%
Operating Margin
10.6%
Net Margin
17.3%
7.2%
Revenue YoY
5.3%
10.6%
Net Profit YoY
6.3%
-16.1%
EPS (diluted)
$3.39
$1.91

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
PKG
PKG
Q1 26
$1.6B
$2.4B
Q4 25
$1.5B
$2.4B
Q3 25
$1.5B
$2.3B
Q2 25
$1.5B
$2.2B
Q1 25
$1.5B
$2.1B
Q4 24
$1.5B
$2.1B
Q3 24
$1.5B
$2.2B
Q2 24
$1.4B
$2.1B
Net Profit
GL
GL
PKG
PKG
Q1 26
$270.5M
$170.9M
Q4 25
$266.1M
$101.9M
Q3 25
$387.8M
$226.9M
Q2 25
$252.7M
$241.5M
Q1 25
$254.6M
$203.8M
Q4 24
$255.2M
$221.2M
Q3 24
$303.0M
$238.1M
Q2 24
$258.4M
$198.9M
Gross Margin
GL
GL
PKG
PKG
Q1 26
19.1%
Q4 25
18.9%
Q3 25
21.8%
Q2 25
22.2%
Q1 25
21.2%
Q4 24
21.9%
Q3 24
26.1%
23.1%
Q2 24
23.3%
21.1%
Operating Margin
GL
GL
PKG
PKG
Q1 26
10.6%
Q4 25
21.7%
7.1%
Q3 25
31.5%
14.0%
Q2 25
21.2%
15.4%
Q1 25
21.4%
13.1%
Q4 24
21.3%
14.1%
Q3 24
26.3%
15.0%
Q2 24
23.5%
13.3%
Net Margin
GL
GL
PKG
PKG
Q1 26
17.3%
7.2%
Q4 25
17.5%
4.3%
Q3 25
25.6%
9.8%
Q2 25
17.1%
11.1%
Q1 25
17.2%
9.5%
Q4 24
17.4%
10.3%
Q3 24
20.8%
10.9%
Q2 24
17.9%
9.6%
EPS (diluted)
GL
GL
PKG
PKG
Q1 26
$3.39
$1.91
Q4 25
$3.28
$1.14
Q3 25
$4.73
$2.51
Q2 25
$3.05
$2.67
Q1 25
$3.01
$2.26
Q4 24
$3.00
$2.45
Q3 24
$3.44
$2.64
Q2 24
$2.83
$2.21

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GL
GL
PKG
PKG
Q1 26
$183.8M
Q4 25
$314.7M
$529.0M
Q3 25
$62.8M
$634.0M
Q2 25
$116.7M
$787.9M
Q1 25
$134.1M
$751.7M
Q4 24
$85.0M
$685.0M
Q3 24
$100.5M
$676.6M
Q2 24
$100.6M
$613.6M
Total Debt
GL
GL
PKG
PKG
Q1 26
Q4 25
$4.0B
Q3 25
$4.0B
Q2 25
Q1 25
Q4 24
$2.5B
Q3 24
$2.5B
Q2 24
Stockholders' Equity
GL
GL
PKG
PKG
Q1 26
$6.1B
Q4 25
$6.0B
$4.6B
Q3 25
$5.7B
$4.8B
Q2 25
$5.4B
$4.6B
Q1 25
$5.4B
$4.5B
Q4 24
$5.3B
$4.4B
Q3 24
$4.6B
$4.3B
Q2 24
$5.2B
$4.1B
Total Assets
GL
GL
PKG
PKG
Q1 26
Q4 25
$30.8B
$10.7B
Q3 25
$30.5B
$11.0B
Q2 25
$29.8B
$9.0B
Q1 25
$29.7B
$9.0B
Q4 24
$29.1B
$8.8B
Q3 24
$29.6B
$8.8B
Q2 24
$28.3B
$9.0B
Debt / Equity
GL
GL
PKG
PKG
Q1 26
Q4 25
0.87×
Q3 25
0.84×
Q2 25
Q1 25
Q4 24
0.57×
Q3 24
0.58×
Q2 24

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%

PKG
PKG

Segment breakdown not available.

Related Comparisons