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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and FIRST INTERSTATE BANCSYSTEM INC (FIBK). 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 $313.0M, roughly 1.4× FIRST INTERSTATE BANCSYSTEM INC). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs -4.4%, a 39.1% gap on every dollar of revenue. On growth, FIRST INTERSTATE BANCSYSTEM INC posted the faster year-over-year revenue change (19.8% vs -4.7%). Over the past eight quarters, FIRST INTERSTATE BANCSYSTEM INC's revenue compounded faster (13.7% 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.
First Interstate BancSystem, Inc. is a financial holding company headquartered in Billings, Montana. It is the parent company of First Interstate Bank, a community bank with locations throughout 14 states within the Western and Midwestern United States. It is the largest bank based in Montana, as measured by total assets.
BGS vs FIBK — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $439.3M | $313.0M |
| Net Profit | $-19.1M | $108.8M |
| Gross Margin | 22.5% | — |
| Operating Margin | 2.5% | 44.5% |
| Net Margin | -4.4% | 34.8% |
| Revenue YoY | -4.7% | 19.8% |
| Net Profit YoY | -356.5% | 108.8% |
| EPS (diluted) | $-0.24 | $1.07 |
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 | — | $313.0M | ||
| Q3 25 | $439.3M | $250.5M | ||
| Q2 25 | $424.4M | $248.3M | ||
| Q1 25 | $425.4M | $247.0M | ||
| Q4 24 | $551.6M | $261.3M | ||
| Q3 24 | $461.1M | $251.9M | ||
| Q2 24 | $444.6M | $244.3M | ||
| Q1 24 | $475.2M | $242.2M |
| Q4 25 | — | $108.8M | ||
| Q3 25 | $-19.1M | $71.4M | ||
| Q2 25 | $-9.8M | $71.7M | ||
| Q1 25 | $835.0K | $50.2M | ||
| Q4 24 | $-222.4M | $52.1M | ||
| Q3 24 | $7.5M | $55.5M | ||
| Q2 24 | $3.9M | $60.0M | ||
| Q1 24 | $-40.2M | $58.4M |
| Q4 25 | — | — | ||
| Q3 25 | 22.5% | — | ||
| Q2 25 | 20.5% | — | ||
| Q1 25 | 21.2% | — | ||
| Q4 24 | 21.5% | — | ||
| Q3 24 | 22.2% | — | ||
| Q2 24 | 20.7% | — | ||
| Q1 24 | 22.9% | — |
| Q4 25 | — | 44.5% | ||
| Q3 25 | 2.5% | 37.0% | ||
| Q2 25 | 5.2% | 37.7% | ||
| Q1 25 | 8.4% | 26.9% | ||
| Q4 24 | -46.6% | 25.5% | ||
| Q3 24 | 11.1% | 28.9% | ||
| Q2 24 | 9.9% | 32.1% | ||
| Q1 24 | -3.3% | 31.7% |
| Q4 25 | — | 34.8% | ||
| Q3 25 | -4.4% | 28.5% | ||
| Q2 25 | -2.3% | 28.9% | ||
| Q1 25 | 0.2% | 20.3% | ||
| Q4 24 | -40.3% | 19.9% | ||
| Q3 24 | 1.6% | 22.0% | ||
| Q2 24 | 0.9% | 24.6% | ||
| Q1 24 | -8.5% | 24.1% |
| Q4 25 | — | $1.07 | ||
| Q3 25 | $-0.24 | $0.69 | ||
| Q2 25 | $-0.12 | $0.69 | ||
| Q1 25 | $0.01 | $0.49 | ||
| Q4 24 | $-2.81 | $0.50 | ||
| Q3 24 | $0.09 | $0.54 | ||
| Q2 24 | $0.05 | $0.58 | ||
| Q1 24 | $-0.51 | $0.57 |
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 | — |
| Total DebtLower is stronger | $2.0B | $146.3M |
| Stockholders' EquityBook value | $470.7M | $3.4B |
| Total Assets | $2.9B | $26.6B |
| Debt / EquityLower = less leverage | 4.30× | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $60.9M | — | ||
| Q2 25 | $54.1M | — | ||
| Q1 25 | $61.2M | — | ||
| Q4 24 | $50.6M | — | ||
| Q3 24 | $54.7M | — | ||
| Q2 24 | $40.3M | — | ||
| Q1 24 | $42.5M | — |
| Q4 25 | — | $146.3M | ||
| Q3 25 | $2.0B | $146.2M | ||
| Q2 25 | $2.0B | $252.0M | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $132.2M | ||
| Q3 24 | $2.1B | $137.3M | ||
| Q2 24 | $2.0B | $383.4M | ||
| Q1 24 | $2.0B | $370.8M |
| Q4 25 | — | $3.4B | ||
| Q3 25 | $470.7M | $3.4B | ||
| Q2 25 | $501.4M | $3.4B | ||
| Q1 25 | $513.1M | $3.4B | ||
| Q4 24 | $524.8M | $3.3B | ||
| Q3 24 | $755.3M | $3.4B | ||
| Q2 24 | $765.0M | $3.2B | ||
| Q1 24 | $781.2M | $3.2B |
| Q4 25 | — | $26.6B | ||
| Q3 25 | $2.9B | $27.3B | ||
| Q2 25 | $2.9B | $27.6B | ||
| Q1 25 | $3.0B | $28.3B | ||
| Q4 24 | $3.0B | $29.1B | ||
| Q3 24 | $3.4B | $29.6B | ||
| Q2 24 | $3.4B | $30.3B | ||
| Q1 24 | $3.4B | $30.1B |
| Q4 25 | — | 0.04× | ||
| Q3 25 | 4.30× | 0.04× | ||
| Q2 25 | 3.97× | 0.07× | ||
| Q1 25 | 3.91× | — | ||
| Q4 24 | 3.85× | 0.04× | ||
| Q3 24 | 2.75× | 0.04× | ||
| Q2 24 | 2.67× | 0.12× | ||
| Q1 24 | 2.61× | 0.12× |
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 | $305.6M |
| Free Cash FlowOCF − Capex | $-70.7M | — |
| FCF MarginFCF / Revenue | -16.1% | — |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | — | 2.81× |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $305.6M | ||
| Q3 25 | $-64.6M | $91.7M | ||
| Q2 25 | $17.8M | $68.1M | ||
| Q1 25 | $52.7M | $78.5M | ||
| Q4 24 | $80.3M | $355.0M | ||
| Q3 24 | $4.2M | $89.9M | ||
| Q2 24 | $11.3M | $82.3M | ||
| Q1 24 | $35.1M | $87.6M |
| Q4 25 | — | — | ||
| Q3 25 | $-70.7M | — | ||
| Q2 25 | $11.5M | — | ||
| Q1 25 | $42.4M | — | ||
| Q4 24 | $71.7M | — | ||
| Q3 24 | $-679.0K | — | ||
| Q2 24 | $5.2M | — | ||
| Q1 24 | $27.5M | — |
| Q4 25 | — | — | ||
| Q3 25 | -16.1% | — | ||
| Q2 25 | 2.7% | — | ||
| Q1 25 | 10.0% | — | ||
| Q4 24 | 13.0% | — | ||
| Q3 24 | -0.1% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 5.8% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 1.6% | — |
| Q4 25 | — | 2.81× | ||
| Q3 25 | — | 1.28× | ||
| Q2 25 | — | 0.95× | ||
| Q1 25 | 63.17× | 1.56× | ||
| Q4 24 | — | 6.81× | ||
| Q3 24 | 0.56× | 1.62× | ||
| Q2 24 | 2.87× | 1.37× | ||
| Q1 24 | — | 1.50× |
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% |
FIBK
Segment breakdown not available.