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Globe Life（GL）与孩之宝（HAS）财务数据对比。点击上方公司名可切换其他公司
Globe Life的季度营收约是孩之宝的1.1倍（$1.6B vs $1.4B），Globe Life净利率更高（17.3% vs 13.9%，领先3.4%），孩之宝同比增速更快（31.3% vs 5.3%），过去两年孩之宝的营收复合增速更高（38.2% vs 4.1%）
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。
孩之宝是1923年12月6日成立的美国跨国玩具制造与娱乐控股企业，总部位于罗德岛州波塔基特。旗下拥有Kenner、米尔顿·布拉德利、派克兄弟、威世智等知名品牌，持有大量热门IP商标权，业务覆盖玩具生产、游戏开发、娱乐内容出品等多个领域。
GL vs HAS — 直观对比
营收规模更大
GL
是对方的1.1倍
$1.4B
营收增速更快
HAS
高出25.9%
5.3%
净利率更高
GL
高出3.4%
13.9%
两年增速更快
HAS
近两年复合增速
4.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.4B |
| 净利润 | $270.5M | $201.6M |
| 毛利率 | — | 68.7% |
| 营业利润率 | — | 20.6% |
| 净利率 | 17.3% | 13.9% |
| 营收同比 | 5.3% | 31.3% |
| 净利润同比 | — | 687.8% |
| 每股收益（稀释后） | $3.39 | $1.46 |
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GLHAS
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.5B | $980.8M | ||
| Q1 25 | $1.5B | $887.1M | ||
| Q4 24 | $1.5B | $1.1B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $1.4B | $995.3M |
净利润GLHAS
| Q1 26 | $270.5M | — | ||
| Q4 25 | $266.1M | $201.6M | ||
| Q3 25 | $387.8M | $233.2M | ||
| Q2 25 | $252.7M | $-855.8M | ||
| Q1 25 | $254.6M | $98.6M | ||
| Q4 24 | $255.2M | $-34.3M | ||
| Q3 24 | $303.0M | $223.2M | ||
| Q2 24 | $258.4M | $138.5M |
毛利率GLHAS
| Q1 26 | — | — | ||
| Q4 25 | — | 68.7% | ||
| Q3 25 | — | 70.1% | ||
| Q2 25 | — | 77.0% | ||
| Q1 25 | — | 76.9% | ||
| Q4 24 | — | 67.4% | ||
| Q3 24 | 26.1% | 70.4% | ||
| Q2 24 | 23.3% | 76.1% |
营业利润率GLHAS
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | 20.6% | ||
| Q3 25 | 31.5% | 24.6% | ||
| Q2 25 | 21.2% | -81.4% | ||
| Q1 25 | 21.4% | 19.2% | ||
| Q4 24 | 21.3% | 5.4% | ||
| Q3 24 | 26.3% | 23.6% | ||
| Q2 24 | 23.5% | 21.3% |
净利率GLHAS
| Q1 26 | 17.3% | — | ||
| Q4 25 | 17.5% | 13.9% | ||
| Q3 25 | 25.6% | 16.8% | ||
| Q2 25 | 17.1% | -87.3% | ||
| Q1 25 | 17.2% | 11.1% | ||
| Q4 24 | 17.4% | -3.1% | ||
| Q3 24 | 20.8% | 17.4% | ||
| Q2 24 | 17.9% | 13.9% |
每股收益（稀释后）GLHAS
| Q1 26 | $3.39 | — | ||
| Q4 25 | $3.28 | $1.46 | ||
| Q3 25 | $4.73 | $1.64 | ||
| Q2 25 | $3.05 | $-6.10 | ||
| Q1 25 | $3.01 | $0.70 | ||
| Q4 24 | $3.00 | $-0.25 | ||
| Q3 24 | $3.44 | $1.59 | ||
| Q2 24 | $2.83 | $0.99 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.1B | $565.5M |
| 总资产 | — | $5.6B |
| 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GLHAS
| Q1 26 | $183.8M | — | ||
| Q4 25 | $314.7M | — | ||
| Q3 25 | $62.8M | — | ||
| Q2 25 | $116.7M | — | ||
| Q1 25 | $134.1M | — | ||
| Q4 24 | $85.0M | — | ||
| Q3 24 | $100.5M | — | ||
| Q2 24 | $100.6M | — |
股东权益GLHAS
| Q1 26 | $6.1B | — | ||
| Q4 25 | $6.0B | $565.5M | ||
| Q3 25 | $5.7B | $433.8M | ||
| Q2 25 | $5.4B | $269.7M | ||
| Q1 25 | $5.4B | $1.2B | ||
| Q4 24 | $5.3B | $1.2B | ||
| Q3 24 | $4.6B | $1.3B | ||
| Q2 24 | $5.2B | $1.2B |
总资产GLHAS
| Q1 26 | — | — | ||
| Q4 25 | $30.8B | $5.6B | ||
| Q3 25 | $30.5B | $5.5B | ||
| Q2 25 | $29.8B | $5.2B | ||
| Q1 25 | $29.7B | $6.0B | ||
| Q4 24 | $29.1B | $6.3B | ||
| Q3 24 | $29.6B | $7.2B | ||
| Q2 24 | $28.3B | $6.9B |
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 | — | $403.2M |
| 自由现金流经营现金流 - 资本支出 | — | $389.5M |
| 自由现金流率自由现金流/营收 | — | 26.9% |
| 资本支出强度资本支出/营收 | — | 0.9% |
| 现金转化率经营现金流/净利润 | — | 2.00× |
| 过去12个月自由现金流最近4个季度 | — | $829.9M |
8季度趋势，按日历期对齐
经营现金流GLHAS
| Q1 26 | — | — | ||
| Q4 25 | $350.6M | $403.2M | ||
| Q3 25 | $306.0M | $280.6M | ||
| Q2 25 | $307.9M | $71.3M | ||
| Q1 25 | $431.9M | $138.1M | ||
| Q4 24 | $336.9M | $259.8M | ||
| Q3 24 | $340.6M | $222.5M | ||
| Q2 24 | $374.1M | $187.3M |
自由现金流GLHAS
| Q1 26 | — | — | ||
| Q4 25 | $330.1M | $389.5M | ||
| Q3 25 | $208.7M | $260.9M | ||
| Q2 25 | $295.0M | $55.2M | ||
| Q1 25 | $420.1M | $124.3M | ||
| Q4 24 | $321.9M | $200.8M | ||
| Q3 24 | $311.3M | $174.0M | ||
| Q2 24 | $356.5M | $135.4M |
自由现金流率GLHAS
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | 26.9% | ||
| Q3 25 | 13.8% | 18.8% | ||
| Q2 25 | 19.9% | 5.6% | ||
| Q1 25 | 28.4% | 14.0% | ||
| Q4 24 | 22.0% | 18.2% | ||
| Q3 24 | 21.4% | 13.6% | ||
| Q2 24 | 24.8% | 13.6% |
资本支出强度GLHAS
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 0.9% | ||
| Q3 25 | 6.4% | 1.4% | ||
| Q2 25 | 0.9% | 1.6% | ||
| Q1 25 | 0.8% | 1.6% | ||
| Q4 24 | 1.0% | 5.4% | ||
| Q3 24 | 2.0% | 3.8% | ||
| Q2 24 | 1.2% | 5.2% |
现金转化率GLHAS
| Q1 26 | — | — | ||
| Q4 25 | 1.32× | 2.00× | ||
| Q3 25 | 0.79× | 1.20× | ||
| Q2 25 | 1.22× | — | ||
| Q1 25 | 1.70× | 1.40× | ||
| Q4 24 | 1.32× | — | ||
| Q3 24 | 1.12× | 1.00× | ||
| Q2 24 | 1.45× | 1.35× |
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% |
HAS
| Grow Brands | $1.1B | 75% |
| Optimize Brands | $188.7M | 13% |
| Digital And Licensing Gaming | $135.7M | 9% |
| Class Of Principal Product Family Brands | $13.1M | 1% |
| Filmand TV | $2.4M | 0% |
