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Globe Life（GL）与Martin Marietta Materials（MLM）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Martin Marietta Materials的1.4倍（$1.6B vs $1.1B），Martin Marietta Materials净利率更高（24.5% vs 17.3%，领先7.1%），Globe Life同比增速更快（5.3% vs -30.1%），过去两年Globe Life的营收复合增速更高（4.1% vs -4.5%）
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。
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
GL vs MLM — 直观对比
营收规模更大
GL
是对方的1.4倍
$1.1B
营收增速更快
GL
高出35.5%
-30.1%
净利率更高
MLM
高出7.1%
17.3%
两年增速更快
GL
近两年复合增速
-4.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.1B |
| 净利润 | $270.5M | $279.0M |
| 毛利率 | — | 35.0% |
| 营业利润率 | — | 24.6% |
| 净利率 | 17.3% | 24.5% |
| 营收同比 | 5.3% | -30.1% |
| 净利润同比 | — | -4.8% |
| 每股收益（稀释后） | $3.39 | $4.59 |
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GLMLM
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.5B | $1.4B | ||
| Q4 24 | $1.5B | $1.6B | ||
| Q3 24 | $1.5B | $1.9B | ||
| Q2 24 | $1.4B | $1.8B |
净利润GLMLM
| Q1 26 | $270.5M | — | ||
| Q4 25 | $266.1M | $279.0M | ||
| Q3 25 | $387.8M | $414.0M | ||
| Q2 25 | $252.7M | $328.0M | ||
| Q1 25 | $254.6M | $116.0M | ||
| Q4 24 | $255.2M | $293.0M | ||
| Q3 24 | $303.0M | $363.0M | ||
| Q2 24 | $258.4M | $294.0M |
毛利率GLMLM
| Q1 26 | — | — | ||
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 33.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 24.8% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | 26.1% | 31.7% | ||
| Q2 24 | 23.3% | 29.3% |
营业利润率GLMLM
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | 24.6% | ||
| Q3 25 | 31.5% | 27.4% | ||
| Q2 25 | 21.2% | 25.3% | ||
| Q1 25 | 21.4% | 14.3% | ||
| Q4 24 | 21.3% | 24.4% | ||
| Q3 24 | 26.3% | 25.9% | ||
| Q2 24 | 23.5% | 22.6% |
净利率GLMLM
| Q1 26 | 17.3% | — | ||
| Q4 25 | 17.5% | 24.5% | ||
| Q3 25 | 25.6% | 22.4% | ||
| Q2 25 | 17.1% | 18.1% | ||
| Q1 25 | 17.2% | 8.6% | ||
| Q4 24 | 17.4% | 18.0% | ||
| Q3 24 | 20.8% | 19.2% | ||
| Q2 24 | 17.9% | 16.7% |
每股收益（稀释后）GLMLM
| Q1 26 | $3.39 | — | ||
| Q4 25 | $3.28 | $4.59 | ||
| Q3 25 | $4.73 | $6.85 | ||
| Q2 25 | $3.05 | $5.43 | ||
| Q1 25 | $3.01 | $1.90 | ||
| Q4 24 | $3.00 | $4.87 | ||
| Q3 24 | $3.44 | $5.91 | ||
| Q2 24 | $2.83 | $4.76 |
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 | $67.0M |
| 总债务越低越好 | — | $5.3B |
| 股东权益账面价值 | $6.1B | $10.0B |
| 总资产 | — | $18.7B |
| 负债/权益比越低杠杆越低 | — | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资GLMLM
| Q1 26 | $183.8M | — | ||
| Q4 25 | $314.7M | $67.0M | ||
| Q3 25 | $62.8M | $57.0M | ||
| Q2 25 | $116.7M | $225.0M | ||
| Q1 25 | $134.1M | $101.0M | ||
| Q4 24 | $85.0M | $670.0M | ||
| Q3 24 | $100.5M | $52.0M | ||
| Q2 24 | $100.6M | $109.0M |
总债务GLMLM
| Q1 26 | — | — | ||
| Q4 25 | — | $5.3B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.4B | ||
| Q4 24 | — | $5.4B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.3B |
股东权益GLMLM
| Q1 26 | $6.1B | — | ||
| Q4 25 | $6.0B | $10.0B | ||
| Q3 25 | $5.7B | $9.7B | ||
| Q2 25 | $5.4B | $9.4B | ||
| Q1 25 | $5.4B | $9.1B | ||
| Q4 24 | $5.3B | $9.5B | ||
| Q3 24 | $4.6B | $9.2B | ||
| Q2 24 | $5.2B | $8.8B |
总资产GLMLM
| Q1 26 | — | — | ||
| Q4 25 | $30.8B | $18.7B | ||
| Q3 25 | $30.5B | $18.7B | ||
| Q2 25 | $29.8B | $18.1B | ||
| Q1 25 | $29.7B | $17.7B | ||
| Q4 24 | $29.1B | $18.2B | ||
| Q3 24 | $29.6B | $16.5B | ||
| Q2 24 | $28.3B | $16.3B |
负债/权益比GLMLM
| Q1 26 | — | — | ||
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | 0.57× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.49× |
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 | — | $629.0M |
| 自由现金流经营现金流 - 资本支出 | — | $424.0M |
| 自由现金流率自由现金流/营收 | — | 37.2% |
| 资本支出强度资本支出/营收 | — | 18.0% |
| 现金转化率经营现金流/净利润 | — | 2.25× |
| 过去12个月自由现金流最近4个季度 | — | $978.0M |
8季度趋势，按日历期对齐
经营现金流GLMLM
| Q1 26 | — | — | ||
| Q4 25 | $350.6M | $629.0M | ||
| Q3 25 | $306.0M | $551.0M | ||
| Q2 25 | $307.9M | $387.0M | ||
| Q1 25 | $431.9M | $218.0M | ||
| Q4 24 | $336.9M | $686.0M | ||
| Q3 24 | $340.6M | $600.0M | ||
| Q2 24 | $374.1M | $1.0M |
自由现金流GLMLM
| Q1 26 | — | — | ||
| Q4 25 | $330.1M | $424.0M | ||
| Q3 25 | $208.7M | $361.0M | ||
| Q2 25 | $295.0M | $208.0M | ||
| Q1 25 | $420.1M | $-15.0M | ||
| Q4 24 | $321.9M | $453.0M | ||
| Q3 24 | $311.3M | $317.0M | ||
| Q2 24 | $356.5M | $-138.0M |
自由现金流率GLMLM
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | 37.2% | ||
| Q3 25 | 13.8% | 19.6% | ||
| Q2 25 | 19.9% | 11.5% | ||
| Q1 25 | 28.4% | -1.1% | ||
| Q4 24 | 22.0% | 27.8% | ||
| Q3 24 | 21.4% | 16.8% | ||
| Q2 24 | 24.8% | -7.8% |
资本支出强度GLMLM
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 18.0% | ||
| Q3 25 | 6.4% | 10.3% | ||
| Q2 25 | 0.9% | 9.9% | ||
| Q1 25 | 0.8% | 17.2% | ||
| Q4 24 | 1.0% | 14.3% | ||
| Q3 24 | 2.0% | 15.0% | ||
| Q2 24 | 1.2% | 7.9% |
现金转化率GLMLM
| Q1 26 | — | — | ||
| Q4 25 | 1.32× | 2.25× | ||
| Q3 25 | 0.79× | 1.33× | ||
| Q2 25 | 1.22× | 1.18× | ||
| Q1 25 | 1.70× | 1.88× | ||
| Q4 24 | 1.32× | 2.34× | ||
| Q3 24 | 1.12× | 1.65× | ||
| Q2 24 | 1.45× | 0.00× |
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% |
MLM
| Building Materials Business East Group | $774.0M | 68% |
| Building Materials Business West Group | $233.0M | 20% |
| Services | $88.0M | 8% |
| Other | $45.0M | 4% |
