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Globe Life（GL）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
Globe Life的季度营收约是美森的1.8倍（$1.6B vs $851.9M），Globe Life净利率更高（17.3% vs 16.8%，领先0.5%），Globe Life同比增速更快（5.3% vs -4.3%），过去两年美森的营收复合增速更高（8.6% 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。
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
GL vs MATX — 直观对比
营收规模更大
GL
是对方的1.8倍
$851.9M
营收增速更快
GL
高出9.7%
-4.3%
净利率更高
GL
高出0.5%
16.8%
两年增速更快
MATX
近两年复合增速
4.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $851.9M |
| 净利润 | $270.5M | $143.1M |
| 毛利率 | — | — |
| 营业利润率 | — | 16.9% |
| 净利率 | 17.3% | 16.8% |
| 营收同比 | 5.3% | -4.3% |
| 净利润同比 | — | 11.8% |
| 每股收益（稀释后） | $3.39 | $4.47 |
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GLMATX
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.5B | $851.9M | ||
| Q3 25 | $1.5B | $880.1M | ||
| Q2 25 | $1.5B | $830.5M | ||
| Q1 25 | $1.5B | $782.0M | ||
| Q4 24 | $1.5B | $890.3M | ||
| Q3 24 | $1.5B | $962.0M | ||
| Q2 24 | $1.4B | $847.4M |
净利润GLMATX
| Q1 26 | $270.5M | — | ||
| Q4 25 | $266.1M | $143.1M | ||
| Q3 25 | $387.8M | $134.7M | ||
| Q2 25 | $252.7M | $94.7M | ||
| Q1 25 | $254.6M | $72.3M | ||
| Q4 24 | $255.2M | $128.0M | ||
| Q3 24 | $303.0M | $199.1M | ||
| Q2 24 | $258.4M | $113.2M |
毛利率GLMATX
| 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GLMATX
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | 16.9% | ||
| Q3 25 | 31.5% | 18.3% | ||
| Q2 25 | 21.2% | 13.6% | ||
| Q1 25 | 21.4% | 10.5% | ||
| Q4 24 | 21.3% | 16.6% | ||
| Q3 24 | 26.3% | 25.2% | ||
| Q2 24 | 23.5% | 14.7% |
净利率GLMATX
| Q1 26 | 17.3% | — | ||
| Q4 25 | 17.5% | 16.8% | ||
| Q3 25 | 25.6% | 15.3% | ||
| Q2 25 | 17.1% | 11.4% | ||
| Q1 25 | 17.2% | 9.2% | ||
| Q4 24 | 17.4% | 14.4% | ||
| Q3 24 | 20.8% | 20.7% | ||
| Q2 24 | 17.9% | 13.4% |
每股收益（稀释后）GLMATX
| Q1 26 | $3.39 | — | ||
| Q4 25 | $3.28 | $4.47 | ||
| Q3 25 | $4.73 | $4.24 | ||
| Q2 25 | $3.05 | $2.92 | ||
| Q1 25 | $3.01 | $2.18 | ||
| Q4 24 | $3.00 | $3.69 | ||
| Q3 24 | $3.44 | $5.89 | ||
| Q2 24 | $2.83 | $3.31 |
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 | $141.9M |
| 总债务越低越好 | — | $361.2M |
| 股东权益账面价值 | $6.1B | $2.8B |
| 总资产 | — | $4.6B |
| 负债/权益比越低杠杆越低 | — | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资GLMATX
| Q1 26 | $183.8M | — | ||
| Q4 25 | $314.7M | $141.9M | ||
| Q3 25 | $62.8M | $92.7M | ||
| Q2 25 | $116.7M | $59.1M | ||
| Q1 25 | $134.1M | $122.0M | ||
| Q4 24 | $85.0M | $266.8M | ||
| Q3 24 | $100.5M | $270.3M | ||
| Q2 24 | $100.6M | $168.2M |
总债务GLMATX
| Q1 26 | — | — | ||
| Q4 25 | — | $361.2M | ||
| Q3 25 | — | $370.9M | ||
| Q2 25 | — | $341.3M | ||
| Q1 25 | — | $351.1M | ||
| Q4 24 | — | $361.2M | ||
| Q3 24 | — | $370.9M | ||
| Q2 24 | — | $381.0M |
股东权益GLMATX
| Q1 26 | $6.1B | — | ||
| Q4 25 | $6.0B | $2.8B | ||
| Q3 25 | $5.7B | $2.7B | ||
| Q2 25 | $5.4B | $2.6B | ||
| Q1 25 | $5.4B | $2.6B | ||
| Q4 24 | $5.3B | $2.7B | ||
| Q3 24 | $4.6B | $2.6B | ||
| Q2 24 | $5.2B | $2.4B |
总资产GLMATX
| Q1 26 | — | — | ||
| Q4 25 | $30.8B | $4.6B | ||
| Q3 25 | $30.5B | $4.6B | ||
| Q2 25 | $29.8B | $4.5B | ||
| Q1 25 | $29.7B | $4.5B | ||
| Q4 24 | $29.1B | $4.6B | ||
| Q3 24 | $29.6B | $4.4B | ||
| Q2 24 | $28.3B | $4.3B |
负债/权益比GLMATX
| Q1 26 | — | — | ||
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.16× |
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 | — | $176.9M |
| 自由现金流经营现金流 - 资本支出 | — | $42.2M |
| 自由现金流率自由现金流/营收 | — | 5.0% |
| 资本支出强度资本支出/营收 | — | 15.8% |
| 现金转化率经营现金流/净利润 | — | 1.24× |
| 过去12个月自由现金流最近4个季度 | — | $153.7M |
8季度趋势，按日历期对齐
经营现金流GLMATX
| Q1 26 | — | — | ||
| Q4 25 | $350.6M | $176.9M | ||
| Q3 25 | $306.0M | $175.6M | ||
| Q2 25 | $307.9M | $105.6M | ||
| Q1 25 | $431.9M | $89.0M | ||
| Q4 24 | $336.9M | $174.7M | ||
| Q3 24 | $340.6M | $248.6M | ||
| Q2 24 | $374.1M | $307.9M |
自由现金流GLMATX
| Q1 26 | — | — | ||
| Q4 25 | $330.1M | $42.2M | ||
| Q3 25 | $208.7M | $92.4M | ||
| Q2 25 | $295.0M | $19.3M | ||
| Q1 25 | $420.1M | $-200.0K | ||
| Q4 24 | $321.9M | $49.3M | ||
| Q3 24 | $311.3M | $189.0M | ||
| Q2 24 | $356.5M | $238.1M |
自由现金流率GLMATX
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | 5.0% | ||
| Q3 25 | 13.8% | 10.5% | ||
| Q2 25 | 19.9% | 2.3% | ||
| Q1 25 | 28.4% | -0.0% | ||
| Q4 24 | 22.0% | 5.5% | ||
| Q3 24 | 21.4% | 19.6% | ||
| Q2 24 | 24.8% | 28.1% |
资本支出强度GLMATX
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 15.8% | ||
| Q3 25 | 6.4% | 9.5% | ||
| Q2 25 | 0.9% | 10.4% | ||
| Q1 25 | 0.8% | 11.4% | ||
| Q4 24 | 1.0% | 14.1% | ||
| Q3 24 | 2.0% | 6.2% | ||
| Q2 24 | 1.2% | 8.2% |
现金转化率GLMATX
| Q1 26 | — | — | ||
| Q4 25 | 1.32× | 1.24× | ||
| Q3 25 | 0.79× | 1.30× | ||
| Q2 25 | 1.22× | 1.12× | ||
| Q1 25 | 1.70× | 1.23× | ||
| Q4 24 | 1.32× | 1.36× | ||
| Q3 24 | 1.12× | 1.25× | ||
| Q2 24 | 1.45× | 2.72× |
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% |
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
