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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and CORVEL CORP (CRVL). Click either name above to swap in a different company.
B&G Foods, Inc. is the larger business by last-quarter revenue ($439.3M vs $235.6M, roughly 1.9× CORVEL CORP). CORVEL CORP runs the higher net margin — 10.3% vs -4.4%, a 14.6% gap on every dollar of revenue. On growth, CORVEL CORP posted the faster year-over-year revenue change (3.4% vs -4.7%). CORVEL CORP produced more free cash flow last quarter ($35.2M vs $-70.7M). Over the past eight quarters, CORVEL CORP's revenue compounded faster (6.6% CAGR vs -12.8%).
B&G Foods, Inc. is an American branded foods holding company based in Parsippany, New Jersey. The company was formed in 1996 to acquire Bloch & Guggenheimer, a Manhattan-based producer of pickles, relish and condiments which had been founded in 1889.
Corvel Corp is a U.S.-headquartered provider of integrated workers’ compensation, healthcare management, and risk mitigation solutions. It serves insurance carriers, self-insured employers, and public sector clients, delivering services to control healthcare costs, improve care outcomes, and optimize administrative operations.
BGS vs CRVL — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $235.6M |
| Net Profit | $-19.1M | $24.2M |
| Gross Margin | 22.5% | 23.3% |
| Operating Margin | 2.5% | 13.7% |
| Net Margin | -4.4% | 10.3% |
| Revenue YoY | -4.7% | 3.4% |
| Net Profit YoY | -356.5% | 1.7% |
| EPS (diluted) | $-0.24 | $0.47 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $235.6M | ||
| Q3 25 | $439.3M | $239.6M | ||
| Q2 25 | $424.4M | $234.7M | ||
| Q1 25 | $425.4M | $231.5M | ||
| Q4 24 | $551.6M | $228.0M | ||
| Q3 24 | $461.1M | $224.4M | ||
| Q2 24 | $444.6M | $211.7M | ||
| Q1 24 | $475.2M | $207.2M |
| Q4 25 | — | $24.2M | ||
| Q3 25 | $-19.1M | $27.9M | ||
| Q2 25 | $-9.8M | $27.2M | ||
| Q1 25 | $835.0K | $26.4M | ||
| Q4 24 | $-222.4M | $23.8M | ||
| Q3 24 | $7.5M | $23.4M | ||
| Q2 24 | $3.9M | $21.6M | ||
| Q1 24 | $-40.2M | $19.5M |
| Q4 25 | — | 23.3% | ||
| Q3 25 | 22.5% | 24.3% | ||
| Q2 25 | 20.5% | 24.2% | ||
| Q1 25 | 21.2% | 25.0% | ||
| Q4 24 | 21.5% | 23.2% | ||
| Q3 24 | 22.2% | 22.6% | ||
| Q2 24 | 20.7% | 22.7% | ||
| Q1 24 | 22.9% | 20.9% |
| Q4 25 | — | 13.7% | ||
| Q3 25 | 2.5% | 15.0% | ||
| Q2 25 | 5.2% | 15.0% | ||
| Q1 25 | 8.4% | 14.4% | ||
| Q4 24 | -46.6% | 13.5% | ||
| Q3 24 | 11.1% | 12.8% | ||
| Q2 24 | 9.9% | 13.2% | ||
| Q1 24 | -3.3% | 10.9% |
| Q4 25 | — | 10.3% | ||
| Q3 25 | -4.4% | 11.6% | ||
| Q2 25 | -2.3% | 11.6% | ||
| Q1 25 | 0.2% | 11.4% | ||
| Q4 24 | -40.3% | 10.4% | ||
| Q3 24 | 1.6% | 10.4% | ||
| Q2 24 | 0.9% | 10.2% | ||
| Q1 24 | -8.5% | 9.4% |
| Q4 25 | — | $0.47 | ||
| Q3 25 | $-0.24 | $0.54 | ||
| Q2 25 | $-0.12 | $0.52 | ||
| Q1 25 | $0.01 | $-1.23 | ||
| Q4 24 | $-2.81 | $0.46 | ||
| Q3 24 | $0.09 | $1.35 | ||
| Q2 24 | $0.05 | $1.25 | ||
| Q1 24 | $-0.51 | $1.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $60.9M | $230.0M |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $470.7M | $375.7M |
| Total Assets | $2.9B | $644.8M |
| Debt / EquityLower = less leverage | 4.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $230.0M | ||
| Q3 25 | $60.9M | $207.5M | ||
| Q2 25 | $54.1M | $202.0M | ||
| Q1 25 | $61.2M | $170.6M | ||
| Q4 24 | $50.6M | $162.9M | ||
| Q3 24 | $54.7M | $138.3M | ||
| Q2 24 | $40.3M | $131.9M | ||
| Q1 24 | $42.5M | $105.6M |
| Q4 25 | — | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.0B | — |
| Q4 25 | — | $375.7M | ||
| Q3 25 | $470.7M | $362.8M | ||
| Q2 25 | $501.4M | $342.5M | ||
| Q1 25 | $513.1M | $322.0M | ||
| Q4 24 | $524.8M | $300.9M | ||
| Q3 24 | $755.3M | $282.8M | ||
| Q2 24 | $765.0M | $263.9M | ||
| Q1 24 | $781.2M | $247.6M |
| Q4 25 | — | $644.8M | ||
| Q3 25 | $2.9B | $611.7M | ||
| Q2 25 | $2.9B | $597.4M | ||
| Q1 25 | $3.0B | $546.0M | ||
| Q4 24 | $3.0B | $538.8M | ||
| Q3 24 | $3.4B | $518.6M | ||
| Q2 24 | $3.4B | $486.2M | ||
| Q1 24 | $3.4B | $454.7M |
| Q4 25 | — | — | ||
| Q3 25 | 4.30× | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.91× | — | ||
| Q4 24 | 3.85× | — | ||
| Q3 24 | 2.75× | — | ||
| Q2 24 | 2.67× | — | ||
| Q1 24 | 2.61× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-64.6M | $46.1M |
| Free Cash FlowOCF − Capex | $-70.7M | $35.2M |
| FCF MarginFCF / Revenue | -16.1% | 14.9% |
| Capex IntensityCapex / Revenue | 1.4% | 4.7% |
| Cash ConversionOCF / Net Profit | — | 1.91× |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | $104.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $46.1M | ||
| Q3 25 | $-64.6M | $25.0M | ||
| Q2 25 | $17.8M | $55.0M | ||
| Q1 25 | $52.7M | $22.9M | ||
| Q4 24 | $80.3M | $41.6M | ||
| Q3 24 | $4.2M | $22.3M | ||
| Q2 24 | $11.3M | $40.4M | ||
| Q1 24 | $35.1M | $15.2M |
| Q4 25 | — | $35.2M | ||
| Q3 25 | $-70.7M | $15.3M | ||
| Q2 25 | $11.5M | $39.5M | ||
| Q1 25 | $42.4M | $14.3M | ||
| Q4 24 | $71.7M | $32.1M | ||
| Q3 24 | $-679.0K | $12.4M | ||
| Q2 24 | $5.2M | $32.8M | ||
| Q1 24 | $27.5M | $5.2M |
| Q4 25 | — | 14.9% | ||
| Q3 25 | -16.1% | 6.4% | ||
| Q2 25 | 2.7% | 16.8% | ||
| Q1 25 | 10.0% | 6.2% | ||
| Q4 24 | 13.0% | 14.1% | ||
| Q3 24 | -0.1% | 5.5% | ||
| Q2 24 | 1.2% | 15.5% | ||
| Q1 24 | 5.8% | 2.5% |
| Q4 25 | — | 4.7% | ||
| Q3 25 | 1.4% | 4.1% | ||
| Q2 25 | 1.5% | 6.6% | ||
| Q1 25 | 2.4% | 3.7% | ||
| Q4 24 | 1.6% | 4.2% | ||
| Q3 24 | 1.0% | 4.4% | ||
| Q2 24 | 1.4% | 3.6% | ||
| Q1 24 | 1.6% | 4.8% |
| Q4 25 | — | 1.91× | ||
| Q3 25 | — | 0.90× | ||
| Q2 25 | — | 2.02× | ||
| Q1 25 | 63.17× | 0.87× | ||
| Q4 24 | — | 1.75× | ||
| Q3 24 | 0.56× | 0.95× | ||
| Q2 24 | 2.87× | 1.87× | ||
| Q1 24 | — | 0.78× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BGS
| Specialty Segment | $150.5M | 34% |
| Meals Segment | $110.0M | 25% |
| Spices And Flavor Solutions Segment | $101.4M | 23% |
| Frozen And Vegetables Segment | $77.4M | 18% |
CRVL
| Patient Management Services | $146.1M | 62% |
| Network Solutions Services | $89.6M | 38% |
