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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and Envista Holdings Corp (NVST). Click either name above to swap in a different company.

Envista Holdings Corp is the larger business by last-quarter revenue ($750.6M vs $439.3M, roughly 1.7× B&G Foods, Inc.). Envista Holdings Corp runs the higher net margin — 4.4% vs -4.4%, a 8.7% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% vs -4.7%). Envista Holdings Corp produced more free cash flow last quarter ($91.7M vs $-70.7M). Over the past eight quarters, Envista Holdings Corp's revenue compounded faster (9.7% 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.

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

BGS vs NVST — Head-to-Head

Bigger by revenue
NVST
NVST
1.7× larger
NVST
$750.6M
$439.3M
BGS
Growing faster (revenue YoY)
NVST
NVST
+19.7% gap
NVST
15.0%
-4.7%
BGS
Higher net margin
NVST
NVST
8.7% more per $
NVST
4.4%
-4.4%
BGS
More free cash flow
NVST
NVST
$162.4M more FCF
NVST
$91.7M
$-70.7M
BGS
Faster 2-yr revenue CAGR
NVST
NVST
Annualised
NVST
9.7%
-12.8%
BGS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BGS
BGS
NVST
NVST
Revenue
$439.3M
$750.6M
Net Profit
$-19.1M
$32.9M
Gross Margin
22.5%
54.7%
Operating Margin
2.5%
9.8%
Net Margin
-4.4%
4.4%
Revenue YoY
-4.7%
15.0%
Net Profit YoY
-356.5%
2641.7%
EPS (diluted)
$-0.24
$0.20

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.

Revenue
BGS
BGS
NVST
NVST
Q4 25
$750.6M
Q3 25
$439.3M
$669.9M
Q2 25
$424.4M
$682.1M
Q1 25
$425.4M
$616.9M
Q4 24
$551.6M
$652.9M
Q3 24
$461.1M
$601.0M
Q2 24
$444.6M
$633.1M
Q1 24
$475.2M
$623.6M
Net Profit
BGS
BGS
NVST
NVST
Q4 25
$32.9M
Q3 25
$-19.1M
$-30.3M
Q2 25
$-9.8M
$26.4M
Q1 25
$835.0K
$18.0M
Q4 24
$-222.4M
$1.2M
Q3 24
$7.5M
$8.2M
Q2 24
$3.9M
$-1.2B
Q1 24
$-40.2M
$23.6M
Gross Margin
BGS
BGS
NVST
NVST
Q4 25
54.7%
Q3 25
22.5%
55.3%
Q2 25
20.5%
54.2%
Q1 25
21.2%
54.5%
Q4 24
21.5%
57.1%
Q3 24
22.2%
52.8%
Q2 24
20.7%
51.6%
Q1 24
22.9%
57.1%
Operating Margin
BGS
BGS
NVST
NVST
Q4 25
9.8%
Q3 25
2.5%
8.6%
Q2 25
5.2%
6.8%
Q1 25
8.4%
6.3%
Q4 24
-46.6%
7.1%
Q3 24
11.1%
3.5%
Q2 24
9.9%
-182.2%
Q1 24
-3.3%
7.7%
Net Margin
BGS
BGS
NVST
NVST
Q4 25
4.4%
Q3 25
-4.4%
-4.5%
Q2 25
-2.3%
3.9%
Q1 25
0.2%
2.9%
Q4 24
-40.3%
0.2%
Q3 24
1.6%
1.4%
Q2 24
0.9%
-181.9%
Q1 24
-8.5%
3.8%
EPS (diluted)
BGS
BGS
NVST
NVST
Q4 25
$0.20
Q3 25
$-0.24
$-0.18
Q2 25
$-0.12
$0.16
Q1 25
$0.01
$0.10
Q4 24
$-2.81
$0.00
Q3 24
$0.09
$0.05
Q2 24
$0.05
$-6.69
Q1 24
$-0.51
$0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BGS
BGS
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$60.9M
$1.2B
Total DebtLower is stronger
$2.0B
$1.4B
Stockholders' EquityBook value
$470.7M
$3.1B
Total Assets
$2.9B
$5.7B
Debt / EquityLower = less leverage
4.30×
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGS
BGS
NVST
NVST
Q4 25
$1.2B
Q3 25
$60.9M
$1.1B
Q2 25
$54.1M
$1.1B
Q1 25
$61.2M
$1.1B
Q4 24
$50.6M
$1.1B
Q3 24
$54.7M
$991.3M
Q2 24
$40.3M
$1.0B
Q1 24
$42.5M
$948.5M
Total Debt
BGS
BGS
NVST
NVST
Q4 25
$1.4B
Q3 25
$2.0B
$1.4B
Q2 25
$2.0B
$1.4B
Q1 25
$2.0B
$1.4B
Q4 24
$2.0B
$1.4B
Q3 24
$2.1B
$1.4B
Q2 24
$2.0B
$1.5B
Q1 24
$2.0B
$1.5B
Stockholders' Equity
BGS
BGS
NVST
NVST
Q4 25
$3.1B
Q3 25
$470.7M
$3.1B
Q2 25
$501.4M
$3.1B
Q1 25
$513.1M
$3.0B
Q4 24
$524.8M
$2.9B
Q3 24
$755.3M
$3.1B
Q2 24
$765.0M
$3.0B
Q1 24
$781.2M
$4.1B
Total Assets
BGS
BGS
NVST
NVST
Q4 25
$5.7B
Q3 25
$2.9B
$5.6B
Q2 25
$2.9B
$5.7B
Q1 25
$3.0B
$5.5B
Q4 24
$3.0B
$5.4B
Q3 24
$3.4B
$5.5B
Q2 24
$3.4B
$5.4B
Q1 24
$3.4B
$6.6B
Debt / Equity
BGS
BGS
NVST
NVST
Q4 25
0.47×
Q3 25
4.30×
0.47×
Q2 25
3.97×
0.46×
Q1 25
3.91×
0.47×
Q4 24
3.85×
0.48×
Q3 24
2.75×
0.46×
Q2 24
2.67×
0.51×
Q1 24
2.61×
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BGS
BGS
NVST
NVST
Operating Cash FlowLast quarter
$-64.6M
$108.0M
Free Cash FlowOCF − Capex
$-70.7M
$91.7M
FCF MarginFCF / Revenue
-16.1%
12.2%
Capex IntensityCapex / Revenue
1.4%
2.2%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$54.8M
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGS
BGS
NVST
NVST
Q4 25
$108.0M
Q3 25
$-64.6M
$78.7M
Q2 25
$17.8M
$88.7M
Q1 25
$52.7M
$300.0K
Q4 24
$80.3M
$132.4M
Q3 24
$4.2M
$70.7M
Q2 24
$11.3M
$93.1M
Q1 24
$35.1M
$40.3M
Free Cash Flow
BGS
BGS
NVST
NVST
Q4 25
$91.7M
Q3 25
$-70.7M
$67.9M
Q2 25
$11.5M
$76.4M
Q1 25
$42.4M
$-5.6M
Q4 24
$71.7M
$123.8M
Q3 24
$-679.0K
$63.3M
Q2 24
$5.2M
$86.3M
Q1 24
$27.5M
$29.3M
FCF Margin
BGS
BGS
NVST
NVST
Q4 25
12.2%
Q3 25
-16.1%
10.1%
Q2 25
2.7%
11.2%
Q1 25
10.0%
-0.9%
Q4 24
13.0%
19.0%
Q3 24
-0.1%
10.5%
Q2 24
1.2%
13.6%
Q1 24
5.8%
4.7%
Capex Intensity
BGS
BGS
NVST
NVST
Q4 25
2.2%
Q3 25
1.4%
1.6%
Q2 25
1.5%
1.8%
Q1 25
2.4%
1.0%
Q4 24
1.6%
1.3%
Q3 24
1.0%
1.2%
Q2 24
1.4%
1.1%
Q1 24
1.6%
1.8%
Cash Conversion
BGS
BGS
NVST
NVST
Q4 25
3.28×
Q3 25
Q2 25
3.36×
Q1 25
63.17×
0.02×
Q4 24
110.33×
Q3 24
0.56×
8.62×
Q2 24
2.87×
Q1 24
1.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BGS
BGS

Specialty Segment$150.5M34%
Meals Segment$110.0M25%
Spices And Flavor Solutions Segment$101.4M23%
Frozen And Vegetables Segment$77.4M18%

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

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