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

Paycom is the larger business by last-quarter revenue ($544.3M vs $439.3M, roughly 1.2× B&G Foods, Inc.). Paycom runs the higher net margin — 20.9% vs -4.4%, a 25.3% gap on every dollar of revenue. On growth, Paycom posted the faster year-over-year revenue change (10.2% vs -4.7%). Paycom produced more free cash flow last quarter ($122.6M vs $-70.7M). Over the past eight quarters, Paycom's revenue compounded faster (4.3% 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.

Paycom Software, Inc., known simply as Paycom, is an online payroll and human resource software provider based in Oklahoma City, Oklahoma with offices throughout the United States. It is attributed with being one of the first fully online payroll providers. Founded in 1998, it reported annual revenue of $2.052 billion for 2025, up from $1.883 billion for 2024.

BGS vs PAYC — Head-to-Head

Bigger by revenue
PAYC
PAYC
1.2× larger
PAYC
$544.3M
$439.3M
BGS
Growing faster (revenue YoY)
PAYC
PAYC
+14.9% gap
PAYC
10.2%
-4.7%
BGS
Higher net margin
PAYC
PAYC
25.3% more per $
PAYC
20.9%
-4.4%
BGS
More free cash flow
PAYC
PAYC
$193.3M more FCF
PAYC
$122.6M
$-70.7M
BGS
Faster 2-yr revenue CAGR
PAYC
PAYC
Annualised
PAYC
4.3%
-12.8%
BGS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BGS
BGS
PAYC
PAYC
Revenue
$439.3M
$544.3M
Net Profit
$-19.1M
$113.8M
Gross Margin
22.5%
83.9%
Operating Margin
2.5%
28.9%
Net Margin
-4.4%
20.9%
Revenue YoY
-4.7%
10.2%
Net Profit YoY
-356.5%
0.2%
EPS (diluted)
$-0.24
$2.06

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
PAYC
PAYC
Q4 25
$544.3M
Q3 25
$439.3M
$493.3M
Q2 25
$424.4M
$483.6M
Q1 25
$425.4M
$530.5M
Q4 24
$551.6M
$493.9M
Q3 24
$461.1M
$451.9M
Q2 24
$444.6M
$437.5M
Q1 24
$475.2M
$499.9M
Net Profit
BGS
BGS
PAYC
PAYC
Q4 25
$113.8M
Q3 25
$-19.1M
$110.7M
Q2 25
$-9.8M
$89.5M
Q1 25
$835.0K
$139.4M
Q4 24
$-222.4M
$113.6M
Q3 24
$7.5M
$73.3M
Q2 24
$3.9M
$68.0M
Q1 24
$-40.2M
$247.2M
Gross Margin
BGS
BGS
PAYC
PAYC
Q4 25
83.9%
Q3 25
22.5%
82.7%
Q2 25
20.5%
81.9%
Q1 25
21.2%
84.1%
Q4 24
21.5%
83.1%
Q3 24
22.2%
80.5%
Q2 24
20.7%
80.8%
Q1 24
22.9%
84.3%
Operating Margin
BGS
BGS
PAYC
PAYC
Q4 25
28.9%
Q3 25
2.5%
22.8%
Q2 25
5.2%
23.2%
Q1 25
8.4%
34.9%
Q4 24
-46.6%
30.1%
Q3 24
11.1%
23.2%
Q2 24
9.9%
21.7%
Q1 24
-3.3%
57.2%
Net Margin
BGS
BGS
PAYC
PAYC
Q4 25
20.9%
Q3 25
-4.4%
22.4%
Q2 25
-2.3%
18.5%
Q1 25
0.2%
26.3%
Q4 24
-40.3%
23.0%
Q3 24
1.6%
16.2%
Q2 24
0.9%
15.5%
Q1 24
-8.5%
49.4%
EPS (diluted)
BGS
BGS
PAYC
PAYC
Q4 25
$2.06
Q3 25
$-0.24
$1.96
Q2 25
$-0.12
$1.58
Q1 25
$0.01
$2.48
Q4 24
$-2.81
$2.04
Q3 24
$0.09
$1.31
Q2 24
$0.05
$1.20
Q1 24
$-0.51
$4.37

Balance Sheet & Financial Strength

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

Metric
BGS
BGS
PAYC
PAYC
Cash + ST InvestmentsLiquidity on hand
$60.9M
$370.0M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$470.7M
$1.7B
Total Assets
$2.9B
$7.6B
Debt / EquityLower = less leverage
4.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGS
BGS
PAYC
PAYC
Q4 25
$370.0M
Q3 25
$60.9M
$375.0M
Q2 25
$54.1M
$532.2M
Q1 25
$61.2M
$520.8M
Q4 24
$50.6M
$402.0M
Q3 24
$54.7M
$325.8M
Q2 24
$40.3M
$346.5M
Q1 24
$42.5M
$371.3M
Total Debt
BGS
BGS
PAYC
PAYC
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
Stockholders' Equity
BGS
BGS
PAYC
PAYC
Q4 25
$1.7B
Q3 25
$470.7M
$1.7B
Q2 25
$501.4M
$1.8B
Q1 25
$513.1M
$1.7B
Q4 24
$524.8M
$1.6B
Q3 24
$755.3M
$1.5B
Q2 24
$765.0M
$1.4B
Q1 24
$781.2M
$1.4B
Total Assets
BGS
BGS
PAYC
PAYC
Q4 25
$7.6B
Q3 25
$2.9B
$4.2B
Q2 25
$2.9B
$4.0B
Q1 25
$3.0B
$4.6B
Q4 24
$3.0B
$5.9B
Q3 24
$3.4B
$3.5B
Q2 24
$3.4B
$4.3B
Q1 24
$3.4B
$4.7B
Debt / Equity
BGS
BGS
PAYC
PAYC
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
BGS
BGS
PAYC
PAYC
Operating Cash FlowLast quarter
$-64.6M
$196.1M
Free Cash FlowOCF − Capex
$-70.7M
$122.6M
FCF MarginFCF / Revenue
-16.1%
22.5%
Capex IntensityCapex / Revenue
1.4%
13.5%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$54.8M
$408.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGS
BGS
PAYC
PAYC
Q4 25
$196.1M
Q3 25
$-64.6M
$177.8M
Q2 25
$17.8M
$122.5M
Q1 25
$52.7M
$182.5M
Q4 24
$80.3M
$160.4M
Q3 24
$4.2M
$92.8M
Q2 24
$11.3M
$132.1M
Q1 24
$35.1M
$148.6M
Free Cash Flow
BGS
BGS
PAYC
PAYC
Q4 25
$122.6M
Q3 25
$-70.7M
$79.8M
Q2 25
$11.5M
$60.8M
Q1 25
$42.4M
$144.8M
Q4 24
$71.7M
$109.0M
Q3 24
$-679.0K
$44.6M
Q2 24
$5.2M
$86.5M
Q1 24
$27.5M
$100.9M
FCF Margin
BGS
BGS
PAYC
PAYC
Q4 25
22.5%
Q3 25
-16.1%
16.2%
Q2 25
2.7%
12.6%
Q1 25
10.0%
27.3%
Q4 24
13.0%
22.1%
Q3 24
-0.1%
9.9%
Q2 24
1.2%
19.8%
Q1 24
5.8%
20.2%
Capex Intensity
BGS
BGS
PAYC
PAYC
Q4 25
13.5%
Q3 25
1.4%
19.9%
Q2 25
1.5%
12.8%
Q1 25
2.4%
7.1%
Q4 24
1.6%
10.4%
Q3 24
1.0%
10.7%
Q2 24
1.4%
10.4%
Q1 24
1.6%
9.5%
Cash Conversion
BGS
BGS
PAYC
PAYC
Q4 25
1.72×
Q3 25
1.61×
Q2 25
1.37×
Q1 25
63.17×
1.31×
Q4 24
1.41×
Q3 24
0.56×
1.27×
Q2 24
2.87×
1.94×
Q1 24
0.60×

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%

PAYC
PAYC

Recurring$510.3M94%
Interest On Funds Held For Clients$27.2M5%
Implementation And Other$6.8M1%

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