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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and MGIC INVESTMENT CORP (MTG). 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 $297.1M, roughly 1.5× MGIC INVESTMENT CORP). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs -4.4%, a 60.0% gap on every dollar of revenue. On growth, MGIC INVESTMENT CORP posted the faster year-over-year revenue change (-3.0% vs -4.7%). Over the past eight quarters, MGIC INVESTMENT CORP's revenue compounded faster (-1.4% 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.
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
BGS vs MTG — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $297.1M |
| Net Profit | $-19.1M | $165.3M |
| Gross Margin | 22.5% | — |
| Operating Margin | 2.5% | — |
| Net Margin | -4.4% | 55.6% |
| Revenue YoY | -4.7% | -3.0% |
| Net Profit YoY | -356.5% | -10.9% |
| EPS (diluted) | $-0.24 | $0.76 |
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.
| Q1 26 | — | $297.1M | ||
| Q4 25 | — | $298.7M | ||
| Q3 25 | $439.3M | $304.5M | ||
| Q2 25 | $424.4M | $304.2M | ||
| Q1 25 | $425.4M | $306.2M | ||
| Q4 24 | $551.6M | $301.4M | ||
| Q3 24 | $461.1M | $306.6M | ||
| Q2 24 | $444.6M | $305.3M |
| Q1 26 | — | $165.3M | ||
| Q4 25 | — | $169.3M | ||
| Q3 25 | $-19.1M | $191.1M | ||
| Q2 25 | $-9.8M | $192.5M | ||
| Q1 25 | $835.0K | $185.5M | ||
| Q4 24 | $-222.4M | $184.7M | ||
| Q3 24 | $7.5M | $200.0M | ||
| Q2 24 | $3.9M | $204.2M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | 71.2% | ||
| Q3 25 | 2.5% | 77.2% | ||
| Q2 25 | 5.2% | 80.9% | ||
| Q1 25 | 8.4% | 76.6% | ||
| Q4 24 | -46.6% | 77.9% | ||
| Q3 24 | 11.1% | 82.9% | ||
| Q2 24 | 9.9% | 85.1% |
| Q1 26 | — | 55.6% | ||
| Q4 25 | — | 56.7% | ||
| Q3 25 | -4.4% | 62.8% | ||
| Q2 25 | -2.3% | 63.3% | ||
| Q1 25 | 0.2% | 60.6% | ||
| Q4 24 | -40.3% | 61.3% | ||
| Q3 24 | 1.6% | 65.2% | ||
| Q2 24 | 0.9% | 66.9% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | — | $0.75 | ||
| Q3 25 | $-0.24 | $0.83 | ||
| Q2 25 | $-0.12 | $0.81 | ||
| Q1 25 | $0.01 | $0.75 | ||
| Q4 24 | $-2.81 | $0.71 | ||
| Q3 24 | $0.09 | $0.77 | ||
| Q2 24 | $0.05 | $0.77 |
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 | $235.1M |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $470.7M | $5.0B |
| Total Assets | $2.9B | $6.4B |
| Debt / EquityLower = less leverage | 4.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $235.1M | ||
| Q4 25 | — | $369.0M | ||
| Q3 25 | $60.9M | $266.9M | ||
| Q2 25 | $54.1M | $294.9M | ||
| Q1 25 | $61.2M | $207.0M | ||
| Q4 24 | $50.6M | $229.5M | ||
| Q3 24 | $54.7M | $288.6M | ||
| Q2 24 | $40.3M | $281.8M |
| Q1 26 | — | — | ||
| 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 26 | — | $5.0B | ||
| Q4 25 | — | $5.1B | ||
| Q3 25 | $470.7M | $5.2B | ||
| Q2 25 | $501.4M | $5.2B | ||
| Q1 25 | $513.1M | $5.1B | ||
| Q4 24 | $524.8M | $5.2B | ||
| Q3 24 | $755.3M | $5.3B | ||
| Q2 24 | $765.0M | $5.1B |
| Q1 26 | — | $6.4B | ||
| Q4 25 | — | $6.6B | ||
| Q3 25 | $2.9B | $6.6B | ||
| Q2 25 | $2.9B | $6.5B | ||
| Q1 25 | $3.0B | $6.5B | ||
| Q4 24 | $3.0B | $6.5B | ||
| Q3 24 | $3.4B | $6.7B | ||
| Q2 24 | $3.4B | $6.5B |
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| Free Cash FlowOCF − Capex | $-70.7M | — |
| FCF MarginFCF / Revenue | -16.1% | — |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $230.8M | ||
| Q3 25 | $-64.6M | $215.4M | ||
| Q2 25 | $17.8M | $183.0M | ||
| Q1 25 | $52.7M | $223.7M | ||
| Q4 24 | $80.3M | $182.4M | ||
| Q3 24 | $4.2M | $182.9M | ||
| Q2 24 | $11.3M | $169.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $230.2M | ||
| Q3 25 | $-70.7M | $215.1M | ||
| Q2 25 | $11.5M | $183.0M | ||
| Q1 25 | $42.4M | $223.5M | ||
| Q4 24 | $71.7M | $181.9M | ||
| Q3 24 | $-679.0K | $182.5M | ||
| Q2 24 | $5.2M | $169.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 77.1% | ||
| Q3 25 | -16.1% | 70.6% | ||
| Q2 25 | 2.7% | 60.1% | ||
| Q1 25 | 10.0% | 73.0% | ||
| Q4 24 | 13.0% | 60.3% | ||
| Q3 24 | -0.1% | 59.5% | ||
| Q2 24 | 1.2% | 55.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.2% | ||
| Q3 25 | 1.4% | 0.1% | ||
| Q2 25 | 1.5% | 0.0% | ||
| Q1 25 | 2.4% | 0.0% | ||
| Q4 24 | 1.6% | 0.2% | ||
| Q3 24 | 1.0% | 0.1% | ||
| Q2 24 | 1.4% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | — | 0.95× | ||
| Q1 25 | 63.17× | 1.21× | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | 0.56× | 0.91× | ||
| Q2 24 | 2.87× | 0.83× |
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% |
MTG
Segment breakdown not available.
