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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and PJT Partners Inc. (PJT). Click either name above to swap in a different company.
PJT Partners Inc. is the larger business by last-quarter revenue ($531.4M vs $439.3M, roughly 1.2× B&G Foods, Inc.). PJT Partners Inc. runs the higher net margin — 10.0% vs -4.4%, a 14.4% gap on every dollar of revenue. On growth, PJT Partners Inc. posted the faster year-over-year revenue change (12.9% vs -4.7%). PJT Partners Inc. produced more free cash flow last quarter ($138.6M vs $-70.7M). Over the past eight quarters, PJT Partners Inc.'s revenue compounded faster (27.5% 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.
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
BGS vs PJT — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $531.4M |
| Net Profit | $-19.1M | $53.4M |
| Gross Margin | 22.5% | — |
| Operating Margin | 2.5% | 23.1% |
| Net Margin | -4.4% | 10.0% |
| Revenue YoY | -4.7% | 12.9% |
| Net Profit YoY | -356.5% | 4.0% |
| EPS (diluted) | $-0.24 | — |
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 | — | $531.4M | ||
| Q3 25 | $439.3M | $442.3M | ||
| Q2 25 | $424.4M | $401.1M | ||
| Q1 25 | $425.4M | $321.9M | ||
| Q4 24 | $551.6M | $470.5M | ||
| Q3 24 | $461.1M | $320.3M | ||
| Q2 24 | $444.6M | $358.1M | ||
| Q1 24 | $475.2M | $327.1M |
| Q4 25 | — | $53.4M | ||
| Q3 25 | $-19.1M | $39.8M | ||
| Q2 25 | $-9.8M | $32.9M | ||
| Q1 25 | $835.0K | $54.0M | ||
| Q4 24 | $-222.4M | $51.3M | ||
| Q3 24 | $7.5M | $22.1M | ||
| Q2 24 | $3.9M | $28.3M | ||
| Q1 24 | $-40.2M | $32.6M |
| 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 | — | 23.1% | ||
| Q3 25 | 2.5% | 20.6% | ||
| Q2 25 | 5.2% | 19.1% | ||
| Q1 25 | 8.4% | 16.3% | ||
| Q4 24 | -46.6% | 21.9% | ||
| Q3 24 | 11.1% | 15.4% | ||
| Q2 24 | 9.9% | 18.0% | ||
| Q1 24 | -3.3% | 16.5% |
| Q4 25 | — | 10.0% | ||
| Q3 25 | -4.4% | 9.0% | ||
| Q2 25 | -2.3% | 8.2% | ||
| Q1 25 | 0.2% | 16.8% | ||
| Q4 24 | -40.3% | 10.9% | ||
| Q3 24 | 1.6% | 6.9% | ||
| Q2 24 | 0.9% | 7.9% | ||
| Q1 24 | -8.5% | 10.0% |
| Q4 25 | — | — | ||
| Q3 25 | $-0.24 | — | ||
| Q2 25 | $-0.12 | — | ||
| Q1 25 | $0.01 | — | ||
| Q4 24 | $-2.81 | — | ||
| Q3 24 | $0.09 | — | ||
| Q2 24 | $0.05 | — | ||
| Q1 24 | $-0.51 | — |
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 | $538.9M |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $470.7M | $308.2M |
| Total Assets | $2.9B | $1.8B |
| Debt / EquityLower = less leverage | 4.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $538.9M | ||
| Q3 25 | $60.9M | $400.5M | ||
| Q2 25 | $54.1M | $214.6M | ||
| Q1 25 | $61.2M | $194.3M | ||
| Q4 24 | $50.6M | $483.9M | ||
| Q3 24 | $54.7M | $148.8M | ||
| Q2 24 | $40.3M | $164.2M | ||
| Q1 24 | $42.5M | $215.5M |
| 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 | — | $308.2M | ||
| Q3 25 | $470.7M | $228.6M | ||
| Q2 25 | $501.4M | $167.4M | ||
| Q1 25 | $513.1M | $148.8M | ||
| Q4 24 | $524.8M | $187.0M | ||
| Q3 24 | $755.3M | $159.1M | ||
| Q2 24 | $765.0M | $133.8M | ||
| Q1 24 | $781.2M | $174.6M |
| Q4 25 | — | $1.8B | ||
| Q3 25 | $2.9B | $1.7B | ||
| Q2 25 | $2.9B | $1.5B | ||
| Q1 25 | $3.0B | $1.4B | ||
| Q4 24 | $3.0B | $1.6B | ||
| Q3 24 | $3.4B | $1.6B | ||
| Q2 24 | $3.4B | $1.4B | ||
| Q1 24 | $3.4B | $1.3B |
| 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 | $155.7M |
| Free Cash FlowOCF − Capex | $-70.7M | $138.6M |
| FCF MarginFCF / Revenue | -16.1% | 26.1% |
| Capex IntensityCapex / Revenue | 1.4% | 3.2% |
| Cash ConversionOCF / Net Profit | — | 2.92× |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | $480.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $155.7M | ||
| Q3 25 | $-64.6M | $256.1M | ||
| Q2 25 | $17.8M | $190.4M | ||
| Q1 25 | $52.7M | $-75.9M | ||
| Q4 24 | $80.3M | $195.7M | ||
| Q3 24 | $4.2M | $180.5M | ||
| Q2 24 | $11.3M | $193.6M | ||
| Q1 24 | $35.1M | $-38.8M |
| Q4 25 | — | $138.6M | ||
| Q3 25 | $-70.7M | $240.9M | ||
| Q2 25 | $11.5M | $178.9M | ||
| Q1 25 | $42.4M | $-77.9M | ||
| Q4 24 | $71.7M | $195.3M | ||
| Q3 24 | $-679.0K | $178.5M | ||
| Q2 24 | $5.2M | $193.0M | ||
| Q1 24 | $27.5M | $-39.2M |
| Q4 25 | — | 26.1% | ||
| Q3 25 | -16.1% | 54.5% | ||
| Q2 25 | 2.7% | 44.6% | ||
| Q1 25 | 10.0% | -24.2% | ||
| Q4 24 | 13.0% | 41.5% | ||
| Q3 24 | -0.1% | 55.7% | ||
| Q2 24 | 1.2% | 53.9% | ||
| Q1 24 | 5.8% | -12.0% |
| Q4 25 | — | 3.2% | ||
| Q3 25 | 1.4% | 3.4% | ||
| Q2 25 | 1.5% | 2.9% | ||
| Q1 25 | 2.4% | 0.6% | ||
| Q4 24 | 1.6% | 0.1% | ||
| Q3 24 | 1.0% | 0.6% | ||
| Q2 24 | 1.4% | 0.1% | ||
| Q1 24 | 1.6% | 0.1% |
| Q4 25 | — | 2.92× | ||
| Q3 25 | — | 6.43× | ||
| Q2 25 | — | 5.79× | ||
| Q1 25 | 63.17× | -1.41× | ||
| Q4 24 | — | 3.81× | ||
| Q3 24 | 0.56× | 8.15× | ||
| Q2 24 | 2.87× | 6.84× | ||
| Q1 24 | — | -1.19× |
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% |
PJT
Segment breakdown not available.
