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

UGI CORP is the larger business by last-quarter revenue ($2.1B vs $1.6B, roughly 1.3× Globe Life). Globe Life runs the higher net margin — 17.3% vs 14.4%, a 3.0% gap on every dollar of revenue. On growth, Globe Life posted the faster year-over-year revenue change (5.3% vs 3.9%). Over the past eight quarters, Globe Life's revenue compounded faster (4.1% CAGR vs -7.5%).

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.

UGI Corporation is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe.

GL vs UGI — Head-to-Head

Bigger by revenue
UGI
UGI
1.3× larger
UGI
$2.1B
$1.6B
GL
Growing faster (revenue YoY)
GL
GL
+1.5% gap
GL
5.3%
3.9%
UGI
Higher net margin
GL
GL
3.0% more per $
GL
17.3%
14.4%
UGI
Faster 2-yr revenue CAGR
GL
GL
Annualised
GL
4.1%
-7.5%
UGI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GL
GL
UGI
UGI
Revenue
$1.6B
$2.1B
Net Profit
$270.5M
$297.0M
Gross Margin
Operating Margin
22.0%
Net Margin
17.3%
14.4%
Revenue YoY
5.3%
3.9%
Net Profit YoY
6.3%
-20.8%
EPS (diluted)
$3.39
$1.34

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
UGI
UGI
Q1 26
$1.6B
Q4 25
$1.5B
$2.1B
Q3 25
$1.5B
$1.2B
Q2 25
$1.5B
$1.4B
Q1 25
$1.5B
$2.6B
Q4 24
$1.5B
$2.0B
Q3 24
$1.5B
$1.2B
Q2 24
$1.4B
$1.4B
Net Profit
GL
GL
UGI
UGI
Q1 26
$270.5M
Q4 25
$266.1M
$297.0M
Q3 25
$387.8M
$-13.0M
Q2 25
$252.7M
$-163.0M
Q1 25
$254.6M
$479.0M
Q4 24
$255.2M
$375.0M
Q3 24
$303.0M
$-273.0M
Q2 24
$258.4M
$-48.0M
Gross Margin
GL
GL
UGI
UGI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
26.1%
Q2 24
23.3%
Operating Margin
GL
GL
UGI
UGI
Q1 26
Q4 25
21.7%
22.0%
Q3 25
31.5%
1.1%
Q2 25
21.2%
-6.8%
Q1 25
21.4%
26.6%
Q4 24
21.3%
24.5%
Q3 24
26.3%
-20.4%
Q2 24
23.5%
5.0%
Net Margin
GL
GL
UGI
UGI
Q1 26
17.3%
Q4 25
17.5%
14.4%
Q3 25
25.6%
-1.1%
Q2 25
17.1%
-12.0%
Q1 25
17.2%
18.2%
Q4 24
17.4%
18.9%
Q3 24
20.8%
-22.6%
Q2 24
17.9%
-3.6%
EPS (diluted)
GL
GL
UGI
UGI
Q1 26
$3.39
Q4 25
$3.28
$1.34
Q3 25
$4.73
$-0.08
Q2 25
$3.05
$-0.76
Q1 25
$3.01
$2.19
Q4 24
$3.00
$1.74
Q3 24
$3.44
$-1.26
Q2 24
$2.83
$-0.23

Balance Sheet & Financial Strength

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

Metric
GL
GL
UGI
UGI
Cash + ST InvestmentsLiquidity on hand
$183.8M
$251.0M
Total DebtLower is stronger
$6.0B
Stockholders' EquityBook value
$6.1B
$5.0B
Total Assets
$15.8B
Debt / EquityLower = less leverage
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GL
GL
UGI
UGI
Q1 26
$183.8M
Q4 25
$314.7M
$251.0M
Q3 25
$62.8M
$335.0M
Q2 25
$116.7M
$350.0M
Q1 25
$134.1M
$426.0M
Q4 24
$85.0M
$240.0M
Q3 24
$100.5M
$213.0M
Q2 24
$100.6M
$183.0M
Total Debt
GL
GL
UGI
UGI
Q1 26
Q4 25
$6.0B
Q3 25
$6.5B
Q2 25
$5.7B
Q1 25
$6.6B
Q4 24
$6.6B
Q3 24
$6.4B
Q2 24
$6.3B
Stockholders' Equity
GL
GL
UGI
UGI
Q1 26
$6.1B
Q4 25
$6.0B
$5.0B
Q3 25
$5.7B
$4.8B
Q2 25
$5.4B
$4.9B
Q1 25
$5.4B
$5.0B
Q4 24
$5.3B
$4.6B
Q3 24
$4.6B
$4.3B
Q2 24
$5.2B
$4.7B
Total Assets
GL
GL
UGI
UGI
Q1 26
Q4 25
$30.8B
$15.8B
Q3 25
$30.5B
$15.5B
Q2 25
$29.8B
$15.4B
Q1 25
$29.7B
$15.7B
Q4 24
$29.1B
$15.4B
Q3 24
$29.6B
$15.1B
Q2 24
$28.3B
$15.1B
Debt / Equity
GL
GL
UGI
UGI
Q1 26
Q4 25
1.19×
Q3 25
1.37×
Q2 25
1.17×
Q1 25
1.32×
Q4 24
1.44×
Q3 24
1.48×
Q2 24
1.34×

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
UGI
UGI
Operating Cash FlowLast quarter
$66.0M
Free Cash FlowOCF − Capex
$-155.0M
FCF MarginFCF / Revenue
-7.5%
Capex IntensityCapex / Revenue
10.7%
Cash ConversionOCF / Net Profit
0.22×
TTM Free Cash FlowTrailing 4 quarters
$282.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GL
GL
UGI
UGI
Q1 26
Q4 25
$350.6M
$66.0M
Q3 25
$306.0M
$90.0M
Q2 25
$307.9M
$289.0M
Q1 25
$431.9M
$684.0M
Q4 24
$336.9M
$164.0M
Q3 24
$340.6M
$151.0M
Q2 24
$374.1M
$390.0M
Free Cash Flow
GL
GL
UGI
UGI
Q1 26
Q4 25
$330.1M
$-155.0M
Q3 25
$208.7M
$-168.0M
Q2 25
$295.0M
$67.0M
Q1 25
$420.1M
$538.0M
Q4 24
$321.9M
$-47.0M
Q3 24
$311.3M
$-115.0M
Q2 24
$356.5M
$185.0M
FCF Margin
GL
GL
UGI
UGI
Q1 26
Q4 25
21.7%
-7.5%
Q3 25
13.8%
-14.4%
Q2 25
19.9%
4.9%
Q1 25
28.4%
20.4%
Q4 24
22.0%
-2.4%
Q3 24
21.4%
-9.5%
Q2 24
24.8%
13.7%
Capex Intensity
GL
GL
UGI
UGI
Q1 26
Q4 25
1.3%
10.7%
Q3 25
6.4%
22.1%
Q2 25
0.9%
16.3%
Q1 25
0.8%
5.5%
Q4 24
1.0%
10.6%
Q3 24
2.0%
22.0%
Q2 24
1.2%
15.2%
Cash Conversion
GL
GL
UGI
UGI
Q1 26
Q4 25
1.32×
0.22×
Q3 25
0.79×
Q2 25
1.22×
Q1 25
1.70×
1.43×
Q4 24
1.32×
0.44×
Q3 24
1.12×
Q2 24
1.45×

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%

UGI
UGI

Segment breakdown not available.

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