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Globe Life（GL）与凯悦酒店集团（H）财务数据对比。点击上方公司名可切换其他公司
凯悦酒店集团的季度营收约是Globe Life的1.1倍（$1.8B vs $1.6B），Globe Life净利率更高（17.3% vs -1.1%，领先18.5%），凯悦酒店集团同比增速更快（11.7% vs 5.3%），过去两年Globe Life的营收复合增速更高（4.1% vs 2.2%）
Globe Life Inc.（股票代码：GL）是总部位于美国得克萨斯州麦金尼的金融服务控股公司，在纽约证券交易所上市，通过旗下全资子公司开展业务，主营人寿保险、年金产品及补充健康保险产品。
凯悦酒店集团是来自美国的跨国酒店管理企业，总部位于芝加哥河畔广场区域，由普利兹克家族运营管理。集团主营高端及商务酒店、度假村、度假物业的管理与特许经营业务，目前在全球69个国家拥有逾1350家酒店及一价全包物业，覆盖六大洲。
GL vs H — 直观对比
营收规模更大
H
是对方的1.1倍
$1.6B
营收增速更快
H
高出6.3%
5.3%
净利率更高
GL
高出18.5%
-1.1%
两年增速更快
GL
近两年复合增速
2.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.8B |
| 净利润 | $270.5M | $-20.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 0.4% |
| 净利率 | 17.3% | -1.1% |
| 营收同比 | 5.3% | 11.7% |
| 净利润同比 | 6.3% | 64.3% |
| 每股收益（稀释后） | $3.39 | $-0.20 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GLH
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.5B | $1.8B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.5B | $1.7B | ||
| Q4 24 | $1.5B | $1.6B | ||
| Q3 24 | $1.5B | $1.6B | ||
| Q2 24 | $1.4B | $1.7B |
净利润GLH
| Q1 26 | $270.5M | — | ||
| Q4 25 | $266.1M | $-20.0M | ||
| Q3 25 | $387.8M | $-49.0M | ||
| Q2 25 | $252.7M | $-3.0M | ||
| Q1 25 | $254.6M | $20.0M | ||
| Q4 24 | $255.2M | $-56.0M | ||
| Q3 24 | $303.0M | $471.0M | ||
| Q2 24 | $258.4M | $359.0M |
毛利率GLH
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 26.1% | — | ||
| Q2 24 | 23.3% | — |
营业利润率GLH
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | 0.4% | ||
| Q3 25 | 31.5% | -1.0% | ||
| Q2 25 | 21.2% | 2.1% | ||
| Q1 25 | 21.4% | 3.0% | ||
| Q4 24 | 21.3% | -3.0% | ||
| Q3 24 | 26.3% | 37.3% | ||
| Q2 24 | 23.5% | 27.1% |
净利率GLH
| Q1 26 | 17.3% | — | ||
| Q4 25 | 17.5% | -1.1% | ||
| Q3 25 | 25.6% | -2.7% | ||
| Q2 25 | 17.1% | -0.2% | ||
| Q1 25 | 17.2% | 1.2% | ||
| Q4 24 | 17.4% | -3.5% | ||
| Q3 24 | 20.8% | 28.9% | ||
| Q2 24 | 17.9% | 21.1% |
每股收益（稀释后）GLH
| Q1 26 | $3.39 | — | ||
| Q4 25 | $3.28 | $-0.20 | ||
| Q3 25 | $4.73 | $-0.51 | ||
| Q2 25 | $3.05 | $-0.03 | ||
| Q1 25 | $3.01 | $0.19 | ||
| Q4 24 | $3.00 | $-0.37 | ||
| Q3 24 | $3.44 | $4.63 | ||
| Q2 24 | $2.83 | $3.46 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $183.8M | $813.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.1B | $3.3B |
| 总资产 | — | $14.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GLH
| Q1 26 | $183.8M | — | ||
| Q4 25 | $314.7M | $813.0M | ||
| Q3 25 | $62.8M | $749.0M | ||
| Q2 25 | $116.7M | $912.0M | ||
| Q1 25 | $134.1M | $1.8B | ||
| Q4 24 | $85.0M | $1.4B | ||
| Q3 24 | $100.5M | $1.1B | ||
| Q2 24 | $100.6M | $2.0B |
总债务GLH
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $6.0B | ||
| Q2 25 | — | $6.0B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.9B |
股东权益GLH
| Q1 26 | $6.1B | — | ||
| Q4 25 | $6.0B | $3.3B | ||
| Q3 25 | $5.7B | $3.5B | ||
| Q2 25 | $5.4B | $3.6B | ||
| Q1 25 | $5.4B | $3.5B | ||
| Q4 24 | $5.3B | $3.5B | ||
| Q3 24 | $4.6B | $3.7B | ||
| Q2 24 | $5.2B | $3.9B |
总资产GLH
| Q1 26 | — | — | ||
| Q4 25 | $30.8B | $14.0B | ||
| Q3 25 | $30.5B | $15.7B | ||
| Q2 25 | $29.8B | $15.9B | ||
| Q1 25 | $29.7B | $14.0B | ||
| Q4 24 | $29.1B | $13.3B | ||
| Q3 24 | $29.6B | $11.9B | ||
| Q2 24 | $28.3B | $12.8B |
负债/权益比GLH
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.73× | ||
| Q2 25 | — | 1.69× | ||
| Q1 25 | — | 1.25× | ||
| Q4 24 | — | 1.07× | ||
| Q3 24 | — | 0.85× | ||
| Q2 24 | — | 1.01× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $313.0M |
| 自由现金流经营现金流 - 资本支出 | — | $236.0M |
| 自由现金流率自由现金流/营收 | — | 13.2% |
| 资本支出强度资本支出/营收 | — | 4.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $159.0M |
8季度趋势，按日历期对齐
经营现金流GLH
| Q1 26 | — | — | ||
| Q4 25 | $350.6M | $313.0M | ||
| Q3 25 | $306.0M | $-20.0M | ||
| Q2 25 | $307.9M | $-67.0M | ||
| Q1 25 | $431.9M | $153.0M | ||
| Q4 24 | $336.9M | $235.0M | ||
| Q3 24 | $340.6M | $-21.0M | ||
| Q2 24 | $374.1M | $177.0M |
自由现金流GLH
| Q1 26 | — | — | ||
| Q4 25 | $330.1M | $236.0M | ||
| Q3 25 | $208.7M | $-89.0M | ||
| Q2 25 | $295.0M | $-111.0M | ||
| Q1 25 | $420.1M | $123.0M | ||
| Q4 24 | $321.9M | $184.0M | ||
| Q3 24 | $311.3M | $-64.0M | ||
| Q2 24 | $356.5M | $135.0M |
自由现金流率GLH
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | 13.2% | ||
| Q3 25 | 13.8% | -5.0% | ||
| Q2 25 | 19.9% | -6.1% | ||
| Q1 25 | 28.4% | 7.2% | ||
| Q4 24 | 22.0% | 11.5% | ||
| Q3 24 | 21.4% | -3.9% | ||
| Q2 24 | 24.8% | 7.9% |
资本支出强度GLH
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 4.3% | ||
| Q3 25 | 6.4% | 3.9% | ||
| Q2 25 | 0.9% | 2.4% | ||
| Q1 25 | 0.8% | 1.7% | ||
| Q4 24 | 1.0% | 3.2% | ||
| Q3 24 | 2.0% | 2.6% | ||
| Q2 24 | 1.2% | 2.5% |
现金转化率GLH
| Q1 26 | — | — | ||
| Q4 25 | 1.32× | — | ||
| Q3 25 | 0.79× | — | ||
| Q2 25 | 1.22× | — | ||
| Q1 25 | 1.70× | 7.65× | ||
| Q4 24 | 1.32× | — | ||
| Q3 24 | 1.12× | -0.04× | ||
| Q2 24 | 1.45× | 0.49× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GL
| Life premium | $853.2M | 55% |
| Health premium | $416.9M | 27% |
| Other | $289.5M | 19% |
H
| Other | $627.0M | 35% |
| Rooms Revenue | $326.0M | 18% |
| Net Fees | $290.0M | 16% |
| Distribution Segment | $177.0M | 10% |
| Franchise And Other Fees | $114.0M | 6% |
| Base Management Fees | $112.0M | 6% |
| Incentive Management Fees | $81.0M | 5% |
| Other Owned And Leased Hotel Revenue | $41.0M | 2% |
| Contra Revenue | $17.0M | 1% |
| Other Revenues | $4.0M | 0% |
