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

Sinclair, Inc. is the larger business by last-quarter revenue ($836.0M vs $439.3M, roughly 1.9× B&G Foods, Inc.). Sinclair, Inc. runs the higher net margin — 13.0% vs -4.4%, a 17.4% gap on every dollar of revenue. On growth, B&G Foods, Inc. posted the faster year-over-year revenue change (-4.7% vs -16.7%). Sinclair, Inc. produced more free cash flow last quarter ($79.0M vs $-70.7M). Over the past eight quarters, Sinclair, Inc.'s revenue compounded faster (2.4% 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.

Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...

BGS vs SBGI — Head-to-Head

Bigger by revenue
SBGI
SBGI
1.9× larger
SBGI
$836.0M
$439.3M
BGS
Growing faster (revenue YoY)
BGS
BGS
+12.0% gap
BGS
-4.7%
-16.7%
SBGI
Higher net margin
SBGI
SBGI
17.4% more per $
SBGI
13.0%
-4.4%
BGS
More free cash flow
SBGI
SBGI
$149.7M more FCF
SBGI
$79.0M
$-70.7M
BGS
Faster 2-yr revenue CAGR
SBGI
SBGI
Annualised
SBGI
2.4%
-12.8%
BGS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BGS
BGS
SBGI
SBGI
Revenue
$439.3M
$836.0M
Net Profit
$-19.1M
$109.0M
Gross Margin
22.5%
Operating Margin
2.5%
9.6%
Net Margin
-4.4%
13.0%
Revenue YoY
-4.7%
-16.7%
Net Profit YoY
-356.5%
-38.1%
EPS (diluted)
$-0.24
$1.62

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
SBGI
SBGI
Q4 25
$836.0M
Q3 25
$439.3M
$773.0M
Q2 25
$424.4M
$784.0M
Q1 25
$425.4M
$776.0M
Q4 24
$551.6M
$1.0B
Q3 24
$461.1M
$917.0M
Q2 24
$444.6M
$829.0M
Q1 24
$475.2M
$798.0M
Net Profit
BGS
BGS
SBGI
SBGI
Q4 25
$109.0M
Q3 25
$-19.1M
$-1.0M
Q2 25
$-9.8M
$-64.0M
Q1 25
$835.0K
$-156.0M
Q4 24
$-222.4M
$176.0M
Q3 24
$7.5M
$94.0M
Q2 24
$3.9M
$17.0M
Q1 24
$-40.2M
$23.0M
Gross Margin
BGS
BGS
SBGI
SBGI
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%
Operating Margin
BGS
BGS
SBGI
SBGI
Q4 25
9.6%
Q3 25
2.5%
7.5%
Q2 25
5.2%
2.7%
Q1 25
8.4%
1.8%
Q4 24
-46.6%
26.5%
Q3 24
11.1%
19.5%
Q2 24
9.9%
7.7%
Q1 24
-3.3%
5.3%
Net Margin
BGS
BGS
SBGI
SBGI
Q4 25
13.0%
Q3 25
-4.4%
-0.1%
Q2 25
-2.3%
-8.2%
Q1 25
0.2%
-20.1%
Q4 24
-40.3%
17.5%
Q3 24
1.6%
10.3%
Q2 24
0.9%
2.1%
Q1 24
-8.5%
2.9%
EPS (diluted)
BGS
BGS
SBGI
SBGI
Q4 25
$1.62
Q3 25
$-0.24
$-0.02
Q2 25
$-0.12
$-0.91
Q1 25
$0.01
$-2.30
Q4 24
$-2.81
$2.64
Q3 24
$0.09
$1.43
Q2 24
$0.05
$0.27
Q1 24
$-0.51
$0.35

Balance Sheet & Financial Strength

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

Metric
BGS
BGS
SBGI
SBGI
Cash + ST InvestmentsLiquidity on hand
$60.9M
$866.0M
Total DebtLower is stronger
$2.0B
$4.4B
Stockholders' EquityBook value
$470.7M
$443.0M
Total Assets
$2.9B
$5.9B
Debt / EquityLower = less leverage
4.30×
9.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGS
BGS
SBGI
SBGI
Q4 25
$866.0M
Q3 25
$60.9M
$526.0M
Q2 25
$54.1M
$616.0M
Q1 25
$61.2M
$631.0M
Q4 24
$50.6M
$697.0M
Q3 24
$54.7M
$536.0M
Q2 24
$40.3M
$378.0M
Q1 24
$42.5M
$655.0M
Total Debt
BGS
BGS
SBGI
SBGI
Q4 25
$4.4B
Q3 25
$2.0B
$4.1B
Q2 25
$2.0B
$4.1B
Q1 25
$2.0B
$4.2B
Q4 24
$2.0B
$4.1B
Q3 24
$2.1B
$4.1B
Q2 24
$2.0B
$4.1B
Q1 24
$2.0B
$4.1B
Stockholders' Equity
BGS
BGS
SBGI
SBGI
Q4 25
$443.0M
Q3 25
$470.7M
$347.0M
Q2 25
$501.4M
$361.0M
Q1 25
$513.1M
$436.0M
Q4 24
$524.8M
$583.0M
Q3 24
$755.3M
$415.0M
Q2 24
$765.0M
$340.0M
Q1 24
$781.2M
$333.0M
Total Assets
BGS
BGS
SBGI
SBGI
Q4 25
$5.9B
Q3 25
$2.9B
$5.6B
Q2 25
$2.9B
$5.7B
Q1 25
$3.0B
$5.8B
Q4 24
$3.0B
$5.9B
Q3 24
$3.4B
$5.8B
Q2 24
$3.4B
$5.7B
Q1 24
$3.4B
$6.0B
Debt / Equity
BGS
BGS
SBGI
SBGI
Q4 25
9.84×
Q3 25
4.30×
11.75×
Q2 25
3.97×
11.30×
Q1 25
3.91×
9.56×
Q4 24
3.85×
7.02×
Q3 24
2.75×
9.86×
Q2 24
2.67×
12.08×
Q1 24
2.61×
12.35×

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
SBGI
SBGI
Operating Cash FlowLast quarter
$-64.6M
$98.0M
Free Cash FlowOCF − Capex
$-70.7M
$79.0M
FCF MarginFCF / Revenue
-16.1%
9.4%
Capex IntensityCapex / Revenue
1.4%
2.3%
Cash ConversionOCF / Net Profit
0.90×
TTM Free Cash FlowTrailing 4 quarters
$54.8M
$115.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGS
BGS
SBGI
SBGI
Q4 25
$98.0M
Q3 25
$-64.6M
$-36.0M
Q2 25
$17.8M
$122.0M
Q1 25
$52.7M
$5.0M
Q4 24
$80.3M
$198.0M
Q3 24
$4.2M
$210.0M
Q2 24
$11.3M
$-306.0M
Q1 24
$35.1M
$-4.0M
Free Cash Flow
BGS
BGS
SBGI
SBGI
Q4 25
$79.0M
Q3 25
$-70.7M
$-58.0M
Q2 25
$11.5M
$105.0M
Q1 25
$42.4M
$-11.0M
Q4 24
$71.7M
$175.0M
Q3 24
$-679.0K
$193.0M
Q2 24
$5.2M
$-329.0M
Q1 24
$27.5M
$-25.0M
FCF Margin
BGS
BGS
SBGI
SBGI
Q4 25
9.4%
Q3 25
-16.1%
-7.5%
Q2 25
2.7%
13.4%
Q1 25
10.0%
-1.4%
Q4 24
13.0%
17.4%
Q3 24
-0.1%
21.0%
Q2 24
1.2%
-39.7%
Q1 24
5.8%
-3.1%
Capex Intensity
BGS
BGS
SBGI
SBGI
Q4 25
2.3%
Q3 25
1.4%
2.8%
Q2 25
1.5%
2.2%
Q1 25
2.4%
2.1%
Q4 24
1.6%
2.3%
Q3 24
1.0%
1.9%
Q2 24
1.4%
2.8%
Q1 24
1.6%
2.6%
Cash Conversion
BGS
BGS
SBGI
SBGI
Q4 25
0.90×
Q3 25
Q2 25
Q1 25
63.17×
Q4 24
1.13×
Q3 24
0.56×
2.23×
Q2 24
2.87×
-18.00×
Q1 24
-0.17×

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%

SBGI
SBGI

Distribution Revenue$384.0M46%
Core Advertising Revenue$312.0M37%
Tennis Segment$62.0M7%
Other$40.0M5%
Other Media Non Media Revenuesand Intercompany Revenues$24.0M3%
Political Advertising Revenue$14.0M2%

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