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

TRINITY INDUSTRIES INC is the larger business by last-quarter revenue ($611.2M vs $439.3M, roughly 1.4× B&G Foods, Inc.). TRINITY INDUSTRIES INC runs the higher net margin — 31.8% vs -4.4%, a 36.1% gap on every dollar of revenue. On growth, TRINITY INDUSTRIES INC posted the faster year-over-year revenue change (-2.9% vs -4.7%). TRINITY INDUSTRIES INC produced more free cash flow last quarter ($158.6M vs $-70.7M). Over the past eight quarters, B&G Foods, Inc.'s revenue compounded faster (-12.8% CAGR vs -13.1%).

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.

Trinity Industries Inc. is an American industrial corporation that owns a variety of businesses which provide products and services to the industrial, energy, transportation and construction sectors.

BGS vs TRN — Head-to-Head

Bigger by revenue
TRN
TRN
1.4× larger
TRN
$611.2M
$439.3M
BGS
Growing faster (revenue YoY)
TRN
TRN
+1.8% gap
TRN
-2.9%
-4.7%
BGS
Higher net margin
TRN
TRN
36.1% more per $
TRN
31.8%
-4.4%
BGS
More free cash flow
TRN
TRN
$229.3M more FCF
TRN
$158.6M
$-70.7M
BGS
Faster 2-yr revenue CAGR
BGS
BGS
Annualised
BGS
-12.8%
-13.1%
TRN

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BGS
BGS
TRN
TRN
Revenue
$439.3M
$611.2M
Net Profit
$-19.1M
$194.2M
Gross Margin
22.5%
25.5%
Operating Margin
2.5%
54.9%
Net Margin
-4.4%
31.8%
Revenue YoY
-4.7%
-2.9%
Net Profit YoY
-356.5%
413.8%
EPS (diluted)
$-0.24
$2.25

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
TRN
TRN
Q4 25
$611.2M
Q3 25
$439.3M
$454.1M
Q2 25
$424.4M
$506.2M
Q1 25
$425.4M
$585.4M
Q4 24
$551.6M
$629.4M
Q3 24
$461.1M
$798.8M
Q2 24
$444.6M
$841.4M
Q1 24
$475.2M
$809.6M
Net Profit
BGS
BGS
TRN
TRN
Q4 25
$194.2M
Q3 25
$-19.1M
$30.3M
Q2 25
$-9.8M
$14.1M
Q1 25
$835.0K
$22.1M
Q4 24
$-222.4M
$37.8M
Q3 24
$7.5M
$31.4M
Q2 24
$3.9M
$54.4M
Q1 24
$-40.2M
$23.7M
Gross Margin
BGS
BGS
TRN
TRN
Q4 25
25.5%
Q3 25
22.5%
31.1%
Q2 25
20.5%
26.4%
Q1 25
21.2%
24.3%
Q4 24
21.5%
24.6%
Q3 24
22.2%
21.2%
Q2 24
20.7%
21.3%
Q1 24
22.9%
20.3%
Operating Margin
BGS
BGS
TRN
TRN
Q4 25
54.9%
Q3 25
2.5%
26.1%
Q2 25
5.2%
18.8%
Q1 25
8.4%
17.0%
Q4 24
-46.6%
17.8%
Q3 24
11.1%
15.3%
Q2 24
9.9%
16.9%
Q1 24
-3.3%
14.2%
Net Margin
BGS
BGS
TRN
TRN
Q4 25
31.8%
Q3 25
-4.4%
6.7%
Q2 25
-2.3%
2.8%
Q1 25
0.2%
3.8%
Q4 24
-40.3%
6.0%
Q3 24
1.6%
3.9%
Q2 24
0.9%
6.5%
Q1 24
-8.5%
2.9%
EPS (diluted)
BGS
BGS
TRN
TRN
Q4 25
$2.25
Q3 25
$-0.24
$0.37
Q2 25
$-0.12
$0.17
Q1 25
$0.01
$0.26
Q4 24
$-2.81
$0.34
Q3 24
$0.09
$0.37
Q2 24
$0.05
$0.65
Q1 24
$-0.51
$0.28

Balance Sheet & Financial Strength

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

Metric
BGS
BGS
TRN
TRN
Cash + ST InvestmentsLiquidity on hand
$60.9M
$201.3M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$470.7M
$1.1B
Total Assets
$2.9B
$8.4B
Debt / EquityLower = less leverage
4.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGS
BGS
TRN
TRN
Q4 25
$201.3M
Q3 25
$60.9M
$66.3M
Q2 25
$54.1M
$147.7M
Q1 25
$61.2M
$94.9M
Q4 24
$50.6M
$228.2M
Q3 24
$54.7M
$222.4M
Q2 24
$40.3M
$257.1M
Q1 24
$42.5M
$118.8M
Total Debt
BGS
BGS
TRN
TRN
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
TRN
TRN
Q4 25
$1.1B
Q3 25
$470.7M
$1.0B
Q2 25
$501.4M
$1.0B
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
$1.0B
Total Assets
BGS
BGS
TRN
TRN
Q4 25
$8.4B
Q3 25
$2.9B
$8.9B
Q2 25
$2.9B
$8.8B
Q1 25
$3.0B
$8.7B
Q4 24
$3.0B
$8.8B
Q3 24
$3.4B
$8.8B
Q2 24
$3.4B
$9.0B
Q1 24
$3.4B
$9.1B
Debt / Equity
BGS
BGS
TRN
TRN
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
TRN
TRN
Operating Cash FlowLast quarter
$-64.6M
$177.4M
Free Cash FlowOCF − Capex
$-70.7M
$158.6M
FCF MarginFCF / Revenue
-16.1%
25.9%
Capex IntensityCapex / Revenue
1.4%
3.1%
Cash ConversionOCF / Net Profit
0.91×
TTM Free Cash FlowTrailing 4 quarters
$54.8M
$314.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGS
BGS
TRN
TRN
Q4 25
$177.4M
Q3 25
$-64.6M
$44.2M
Q2 25
$17.8M
$61.6M
Q1 25
$52.7M
$76.5M
Q4 24
$80.3M
$201.6M
Q3 24
$4.2M
$78.5M
Q2 24
$11.3M
$241.5M
Q1 24
$35.1M
$52.2M
Free Cash Flow
BGS
BGS
TRN
TRN
Q4 25
$158.6M
Q3 25
$-70.7M
$35.3M
Q2 25
$11.5M
$52.9M
Q1 25
$42.4M
$67.3M
Q4 24
$71.7M
$180.1M
Q3 24
$-679.0K
$62.1M
Q2 24
$5.2M
$230.2M
Q1 24
$27.5M
$47.6M
FCF Margin
BGS
BGS
TRN
TRN
Q4 25
25.9%
Q3 25
-16.1%
7.8%
Q2 25
2.7%
10.5%
Q1 25
10.0%
11.5%
Q4 24
13.0%
28.6%
Q3 24
-0.1%
7.8%
Q2 24
1.2%
27.4%
Q1 24
5.8%
5.9%
Capex Intensity
BGS
BGS
TRN
TRN
Q4 25
3.1%
Q3 25
1.4%
2.0%
Q2 25
1.5%
1.7%
Q1 25
2.4%
1.6%
Q4 24
1.6%
3.4%
Q3 24
1.0%
2.1%
Q2 24
1.4%
1.3%
Q1 24
1.6%
0.6%
Cash Conversion
BGS
BGS
TRN
TRN
Q4 25
0.91×
Q3 25
1.46×
Q2 25
4.37×
Q1 25
63.17×
3.46×
Q4 24
5.33×
Q3 24
0.56×
2.50×
Q2 24
2.87×
4.44×
Q1 24
2.20×

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%

TRN
TRN

Manufacturing$296.5M49%
Leasing And Management$234.8M38%
Maintenance Services Domain$69.8M11%
Digital Logistics Services$11.2M2%

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