Globe Life (GL) vs Voya Financial (VOYA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Voya Financial (VOYA) has outperformed Globe Life (GL) over the past year, gaining 28.8% versus a gain of 20.5%. Over five years, GL leads with a +67.7% price change compared with +40.9% for VOYA. Globe Life is the larger company by market cap ($12.56 billion vs $8.77 billion), about 1.4 times the size.
On valuation, Voya Financial trades at a lower forward P/E (8.5x vs 9.9x for Globe Life). Voya Financial offers the higher dividend yield (1.92% vs 0.73%). Globe Life converts more of its revenue into profit, with a net margin of 19.4% versus 8.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GL | VOYA |
|---|---|---|
| Share price | $163.41 | $96.77 |
| Market cap | $12.56B | $8.77B |
| 1-day change | -1.73% | -1.07% |
| YTD return | +16.84% | +29.91% |
| 1-year return | +20.47% | +28.84% |
| 5-year return | +67.67% | +40.94% |
| P/E ratio (TTM) | 10.84 | 16.46 |
| Forward P/E | 9.90 | 8.52 |
| EPS (TTM) | $15.07 | $5.88 |
| Dividend yield | 0.73% | 1.92% |
| Annual dividend | $1.20 | $1.86 |
| Revenue (latest FY) | $5.99B | $8.19B |
| Revenue growth (YoY) | +3.74% | +1.73% |
| Net income (latest FY) | $1.16B | $654.00M |
| Operating margin | — | 12.68% |
| Net margin | 19.37% | 7.99% |
| 52-week high | $191.55 | $105.64 |
| 52-week low | $127.85 | $64.50 |
| Distance from 52-week high | -14.69% | -8.40% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +18.05% | +12.20% |
| Average volume | 534.49K | 1.03M |
| Shares outstanding | 76.85M | 90.60M |
| Employees | 3,695 | 11,000 |
| Sector | Finance | Finance |
| Industry | Life Insurance | Life Insurance |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Voya Financial trades at a higher earnings multiple (16.5x vs 10.8x trailing P/E).
- Voya Financial offers a meaningfully higher dividend yield (1.92% vs 0.73%).
- Globe Life is more profitable, keeping 19.4 cents of every revenue dollar as net income versus 8.0 cents for Voya Financial.
About Globe Life
GL stock →Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States. It operates in three segments: Life Insurance, Supplemental Health Insurance, and Investments.
Finance · Life Insurance · 3,695 employees
About Voya Financial
VOYA stock →Voya Financial, Inc. provides workplace benefits, and savings solutions and technologies in the United States and internationally.
Finance · Life Insurance · 11,000 employees
GL vs VOYA FAQ
Which is bigger, Globe Life or Voya Financial?
Globe Life (GL) is larger, with a market capitalization of $12.56B compared with $8.77B for Voya Financial (VOYA).
Which stock has performed better over the past year, GL or VOYA?
VOYA returned +28.84% over the past 12 months, compared with +20.47% for GL (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GL or VOYA?
GL has the lower trailing P/E at 10.8, versus 16.5 for VOYA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Globe Life or Voya Financial?
Voya Financial has the higher yield at 1.92%, compared with 0.73% for Globe Life.
Are Globe Life and Voya Financial in the same industry?
Yes. Both are classified in the Life Insurance industry within the Finance sector.