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

Pattern Group Inc. is the larger business by last-quarter revenue ($639.7M vs $439.3M, roughly 1.5× B&G Foods, Inc.). B&G Foods, Inc. runs the higher net margin — -4.4% vs -9.2%, a 4.9% gap on every dollar of revenue. Pattern Group Inc. produced more free cash flow last quarter ($75.7M vs $-70.7M).

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.

Pattern Energy Group LP is an American company that develops, owns and operates utility scale wind and solar power facilities in the United States, Canada, and Mexico. It is headquartered in San Francisco, California with an operations center in Houston, Texas.

BGS vs PTRN — Head-to-Head

Bigger by revenue
PTRN
PTRN
1.5× larger
PTRN
$639.7M
$439.3M
BGS
Higher net margin
BGS
BGS
4.9% more per $
BGS
-4.4%
-9.2%
PTRN
More free cash flow
PTRN
PTRN
$146.4M more FCF
PTRN
$75.7M
$-70.7M
BGS

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
BGS
BGS
PTRN
PTRN
Revenue
$439.3M
$639.7M
Net Profit
$-19.1M
$-59.1M
Gross Margin
22.5%
44.3%
Operating Margin
2.5%
-9.4%
Net Margin
-4.4%
-9.2%
Revenue YoY
-4.7%
Net Profit YoY
-356.5%
EPS (diluted)
$-0.24
$-2.19

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
PTRN
PTRN
Q3 25
$439.3M
$639.7M
Q2 25
$424.4M
Q1 25
$425.4M
Q4 24
$551.6M
Q3 24
$461.1M
Q2 24
$444.6M
Q1 24
$475.2M
Q4 23
$578.1M
Net Profit
BGS
BGS
PTRN
PTRN
Q3 25
$-19.1M
$-59.1M
Q2 25
$-9.8M
Q1 25
$835.0K
Q4 24
$-222.4M
Q3 24
$7.5M
Q2 24
$3.9M
Q1 24
$-40.2M
Q4 23
$2.6M
Gross Margin
BGS
BGS
PTRN
PTRN
Q3 25
22.5%
44.3%
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 23
21.7%
Operating Margin
BGS
BGS
PTRN
PTRN
Q3 25
2.5%
-9.4%
Q2 25
5.2%
Q1 25
8.4%
Q4 24
-46.6%
Q3 24
11.1%
Q2 24
9.9%
Q1 24
-3.3%
Q4 23
7.2%
Net Margin
BGS
BGS
PTRN
PTRN
Q3 25
-4.4%
-9.2%
Q2 25
-2.3%
Q1 25
0.2%
Q4 24
-40.3%
Q3 24
1.6%
Q2 24
0.9%
Q1 24
-8.5%
Q4 23
0.4%
EPS (diluted)
BGS
BGS
PTRN
PTRN
Q3 25
$-0.24
$-2.19
Q2 25
$-0.12
Q1 25
$0.01
Q4 24
$-2.81
Q3 24
$0.09
Q2 24
$0.05
Q1 24
$-0.51
Q4 23
$0.02

Balance Sheet & Financial Strength

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

Metric
BGS
BGS
PTRN
PTRN
Cash + ST InvestmentsLiquidity on hand
$60.9M
$312.8M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$470.7M
$541.4M
Total Assets
$2.9B
$843.1M
Debt / EquityLower = less leverage
4.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGS
BGS
PTRN
PTRN
Q3 25
$60.9M
$312.8M
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 23
$41.1M
Total Debt
BGS
BGS
PTRN
PTRN
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 23
$2.0B
Stockholders' Equity
BGS
BGS
PTRN
PTRN
Q3 25
$470.7M
$541.4M
Q2 25
$501.4M
Q1 25
$513.1M
Q4 24
$524.8M
Q3 24
$755.3M
Q2 24
$765.0M
Q1 24
$781.2M
Q4 23
$835.5M
Total Assets
BGS
BGS
PTRN
PTRN
Q3 25
$2.9B
$843.1M
Q2 25
$2.9B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$3.4B
Q2 24
$3.4B
Q1 24
$3.4B
Q4 23
$3.5B
Debt / Equity
BGS
BGS
PTRN
PTRN
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×
Q4 23
2.45×

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
PTRN
PTRN
Operating Cash FlowLast quarter
$-64.6M
$90.9M
Free Cash FlowOCF − Capex
$-70.7M
$75.7M
FCF MarginFCF / Revenue
-16.1%
11.8%
Capex IntensityCapex / Revenue
1.4%
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$54.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGS
BGS
PTRN
PTRN
Q3 25
$-64.6M
$90.9M
Q2 25
$17.8M
Q1 25
$52.7M
Q4 24
$80.3M
Q3 24
$4.2M
Q2 24
$11.3M
Q1 24
$35.1M
Q4 23
$92.1M
Free Cash Flow
BGS
BGS
PTRN
PTRN
Q3 25
$-70.7M
$75.7M
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 23
$83.3M
FCF Margin
BGS
BGS
PTRN
PTRN
Q3 25
-16.1%
11.8%
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 23
14.4%
Capex Intensity
BGS
BGS
PTRN
PTRN
Q3 25
1.4%
2.4%
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 23
1.5%
Cash Conversion
BGS
BGS
PTRN
PTRN
Q3 25
Q2 25
Q1 25
63.17×
Q4 24
Q3 24
0.56×
Q2 24
2.87×
Q1 24
Q4 23
35.76×

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%

PTRN
PTRN

Amazon.com$549.2M86%
Amazon Marketplaces International$43.4M7%
Other Online Marketplaces And Channels$39.4M6%
Saa S Logistics And Other Revenue$7.7M1%

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