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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and TIDEWATER INC (TDW). Click either name above to swap in a different company.
B&G Foods, Inc. is the larger business by last-quarter revenue ($439.3M vs $336.8M, roughly 1.3× TIDEWATER INC). TIDEWATER INC runs the higher net margin — 65.3% vs -4.4%, a 69.6% gap on every dollar of revenue. On growth, TIDEWATER INC posted the faster year-over-year revenue change (-2.4% vs -4.7%). TIDEWATER INC produced more free cash flow last quarter ($147.8M vs $-70.7M). Over the past eight quarters, TIDEWATER 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.
Tidewater, Inc. is a publicly traded international petroleum service company headquartered in Houston, Texas, U.S. It operates a fleet of ships, primarily providing vessels and marine services to the offshore petroleum and offshore wind industries.
BGS vs TDW — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $336.8M |
| Net Profit | $-19.1M | $219.9M |
| Gross Margin | 22.5% | — |
| Operating Margin | 2.5% | 19.0% |
| Net Margin | -4.4% | 65.3% |
| Revenue YoY | -4.7% | -2.4% |
| Net Profit YoY | -356.5% | 495.8% |
| EPS (diluted) | $-0.24 | $4.37 |
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 | — | $336.8M | ||
| Q3 25 | $439.3M | $341.1M | ||
| Q2 25 | $424.4M | $341.4M | ||
| Q1 25 | $425.4M | $333.4M | ||
| Q4 24 | $551.6M | $345.1M | ||
| Q3 24 | $461.1M | $340.4M | ||
| Q2 24 | $444.6M | $339.2M | ||
| Q1 24 | $475.2M | $321.2M |
| Q4 25 | — | $219.9M | ||
| Q3 25 | $-19.1M | $-806.0K | ||
| Q2 25 | $-9.8M | $72.9M | ||
| Q1 25 | $835.0K | $42.7M | ||
| Q4 24 | $-222.4M | $36.9M | ||
| Q3 24 | $7.5M | $46.4M | ||
| Q2 24 | $3.9M | $50.4M | ||
| Q1 24 | $-40.2M | $47.0M |
| 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 | — | 19.0% | ||
| Q3 25 | 2.5% | 18.4% | ||
| Q2 25 | 5.2% | 23.7% | ||
| Q1 25 | 8.4% | 22.5% | ||
| Q4 24 | -46.6% | 23.6% | ||
| Q3 24 | 11.1% | 20.6% | ||
| Q2 24 | 9.9% | 23.0% | ||
| Q1 24 | -3.3% | 25.5% |
| Q4 25 | — | 65.3% | ||
| Q3 25 | -4.4% | -0.2% | ||
| Q2 25 | -2.3% | 21.4% | ||
| Q1 25 | 0.2% | 12.8% | ||
| Q4 24 | -40.3% | 10.7% | ||
| Q3 24 | 1.6% | 13.6% | ||
| Q2 24 | 0.9% | 14.8% | ||
| Q1 24 | -8.5% | 14.6% |
| Q4 25 | — | $4.37 | ||
| Q3 25 | $-0.24 | $-0.02 | ||
| Q2 25 | $-0.12 | $1.46 | ||
| Q1 25 | $0.01 | $0.83 | ||
| Q4 24 | $-2.81 | $0.70 | ||
| Q3 24 | $0.09 | $0.87 | ||
| Q2 24 | $0.05 | $0.94 | ||
| Q1 24 | $-0.51 | $0.89 |
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 | $578.8M |
| Total DebtLower is stronger | $2.0B | $670.1M |
| Stockholders' EquityBook value | $470.7M | $1.4B |
| Total Assets | $2.9B | $2.4B |
| Debt / EquityLower = less leverage | 4.30× | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $578.8M | ||
| Q3 25 | $60.9M | $428.2M | ||
| Q2 25 | $54.1M | $369.4M | ||
| Q1 25 | $61.2M | $341.8M | ||
| Q4 24 | $50.6M | $324.9M | ||
| Q3 24 | $54.7M | $280.8M | ||
| Q2 24 | $40.3M | $315.9M | ||
| Q1 24 | $42.5M | $280.9M |
| Q4 25 | — | $670.1M | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $647.9M | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.0B | — |
| Q4 25 | — | $1.4B | ||
| Q3 25 | $470.7M | $1.1B | ||
| Q2 25 | $501.4M | $1.1B | ||
| Q1 25 | $513.1M | $1.1B | ||
| Q4 24 | $524.8M | $1.1B | ||
| Q3 24 | $755.3M | $1.1B | ||
| Q2 24 | $765.0M | $1.1B | ||
| Q1 24 | $781.2M | $1.1B |
| Q4 25 | — | $2.4B | ||
| Q3 25 | $2.9B | $2.1B | ||
| Q2 25 | $2.9B | $2.1B | ||
| Q1 25 | $3.0B | $2.1B | ||
| Q4 24 | $3.0B | $2.1B | ||
| Q3 24 | $3.4B | $2.0B | ||
| Q2 24 | $3.4B | $2.1B | ||
| Q1 24 | $3.4B | $2.1B |
| Q4 25 | — | 0.49× | ||
| Q3 25 | 4.30× | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.91× | — | ||
| Q4 24 | 3.85× | 0.58× | ||
| 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 | $153.0M |
| Free Cash FlowOCF − Capex | $-70.7M | $147.8M |
| FCF MarginFCF / Revenue | -16.1% | 43.9% |
| Capex IntensityCapex / Revenue | 1.4% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 0.70× |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | $353.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $153.0M | ||
| Q3 25 | $-64.6M | $54.7M | ||
| Q2 25 | $17.8M | $85.4M | ||
| Q1 25 | $52.7M | $86.0M | ||
| Q4 24 | $80.3M | $100.0M | ||
| Q3 24 | $4.2M | $49.0M | ||
| Q2 24 | $11.3M | $78.6M | ||
| Q1 24 | $35.1M | $54.8M |
| Q4 25 | — | $147.8M | ||
| Q3 25 | $-70.7M | $49.6M | ||
| Q2 25 | $11.5M | $80.2M | ||
| Q1 25 | $42.4M | $75.7M | ||
| Q4 24 | $71.7M | $95.5M | ||
| Q3 24 | $-679.0K | $43.3M | ||
| Q2 24 | $5.2M | $72.3M | ||
| Q1 24 | $27.5M | $43.8M |
| Q4 25 | — | 43.9% | ||
| Q3 25 | -16.1% | 14.5% | ||
| Q2 25 | 2.7% | 23.5% | ||
| Q1 25 | 10.0% | 22.7% | ||
| Q4 24 | 13.0% | 27.7% | ||
| Q3 24 | -0.1% | 12.7% | ||
| Q2 24 | 1.2% | 21.3% | ||
| Q1 24 | 5.8% | 13.6% |
| Q4 25 | — | 1.5% | ||
| Q3 25 | 1.4% | 1.5% | ||
| Q2 25 | 1.5% | 1.5% | ||
| Q1 25 | 2.4% | 3.1% | ||
| Q4 24 | 1.6% | 1.3% | ||
| Q3 24 | 1.0% | 1.7% | ||
| Q2 24 | 1.4% | 1.9% | ||
| Q1 24 | 1.6% | 3.4% |
| Q4 25 | — | 0.70× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | 63.17× | 2.02× | ||
| Q4 24 | — | 2.71× | ||
| Q3 24 | 0.56× | 1.06× | ||
| Q2 24 | 2.87× | 1.56× | ||
| Q1 24 | — | 1.16× |
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% |
TDW
Segment breakdown not available.
