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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and WillScot Holdings Corp (WSC). Click either name above to swap in a different company.
WillScot Holdings Corp is the larger business by last-quarter revenue ($566.0M vs $439.3M, roughly 1.3× B&G Foods, Inc.). B&G Foods, Inc. runs the higher net margin — -4.4% vs -33.1%, a 28.7% gap on every dollar of revenue. On growth, B&G Foods, Inc. posted the faster year-over-year revenue change (-4.7% vs -6.1%). WillScot Holdings Corp produced more free cash flow last quarter ($149.7M vs $-70.7M). Over the past eight quarters, WillScot Holdings Corp's revenue compounded faster (-1.8% 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.
WillScot Holdings Corp is a leading provider of modular space solutions and portable storage services across North America. It serves a wide range of sectors including construction, commercial development, education, healthcare, government projects, and special events, offering flexible, scalable temporary and semi-permanent space solutions tailored to diverse client needs.
BGS vs WSC — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $566.0M |
| Net Profit | $-19.1M | $-187.3M |
| Gross Margin | 22.5% | 50.4% |
| Operating Margin | 2.5% | -32.5% |
| Net Margin | -4.4% | -33.1% |
| Revenue YoY | -4.7% | -6.1% |
| Net Profit YoY | -356.5% | -310.0% |
| EPS (diluted) | $-0.24 | $-1.02 |
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 | — | $566.0M | ||
| Q3 25 | $439.3M | $566.8M | ||
| Q2 25 | $424.4M | $589.1M | ||
| Q1 25 | $425.4M | $559.6M | ||
| Q4 24 | $551.6M | $602.5M | ||
| Q3 24 | $461.1M | $601.4M | ||
| Q2 24 | $444.6M | $604.6M | ||
| Q1 24 | $475.2M | $587.2M |
| Q4 25 | — | $-187.3M | ||
| Q3 25 | $-19.1M | $43.3M | ||
| Q2 25 | $-9.8M | $47.9M | ||
| Q1 25 | $835.0K | $43.1M | ||
| Q4 24 | $-222.4M | $89.2M | ||
| Q3 24 | $7.5M | $-70.5M | ||
| Q2 24 | $3.9M | $-46.9M | ||
| Q1 24 | $-40.2M | $56.2M |
| Q4 25 | — | 50.4% | ||
| Q3 25 | 22.5% | 49.7% | ||
| Q2 25 | 20.5% | 50.3% | ||
| Q1 25 | 21.2% | 53.7% | ||
| Q4 24 | 21.5% | 55.8% | ||
| Q3 24 | 22.2% | 53.5% | ||
| Q2 24 | 20.7% | 54.1% | ||
| Q1 24 | 22.9% | 54.0% |
| Q4 25 | — | -32.5% | ||
| Q3 25 | 2.5% | 21.0% | ||
| Q2 25 | 5.2% | 21.5% | ||
| Q1 25 | 8.4% | 21.3% | ||
| Q4 24 | -46.6% | 28.9% | ||
| Q3 24 | 11.1% | -5.9% | ||
| Q2 24 | 9.9% | -0.9% | ||
| Q1 24 | -3.3% | 22.1% |
| Q4 25 | — | -33.1% | ||
| Q3 25 | -4.4% | 7.6% | ||
| Q2 25 | -2.3% | 8.1% | ||
| Q1 25 | 0.2% | 7.7% | ||
| Q4 24 | -40.3% | 14.8% | ||
| Q3 24 | 1.6% | -11.7% | ||
| Q2 24 | 0.9% | -7.7% | ||
| Q1 24 | -8.5% | 9.6% |
| Q4 25 | — | $-1.02 | ||
| Q3 25 | $-0.24 | $0.24 | ||
| Q2 25 | $-0.12 | $0.26 | ||
| Q1 25 | $0.01 | $0.23 | ||
| Q4 24 | $-2.81 | $0.48 | ||
| Q3 24 | $0.09 | $-0.37 | ||
| Q2 24 | $0.05 | $-0.25 | ||
| Q1 24 | $-0.51 | $0.29 |
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 | $14.6M |
| Total DebtLower is stronger | $2.0B | $3.6B |
| Stockholders' EquityBook value | $470.7M | $856.3M |
| Total Assets | $2.9B | $5.8B |
| Debt / EquityLower = less leverage | 4.30× | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $14.6M | ||
| Q3 25 | $60.9M | $14.8M | ||
| Q2 25 | $54.1M | $12.8M | ||
| Q1 25 | $61.2M | $10.7M | ||
| Q4 24 | $50.6M | $9.0M | ||
| Q3 24 | $54.7M | $11.0M | ||
| Q2 24 | $40.3M | $5.9M | ||
| Q1 24 | $42.5M | $13.1M |
| Q4 25 | — | $3.6B | ||
| Q3 25 | $2.0B | $3.6B | ||
| Q2 25 | $2.0B | $3.7B | ||
| Q1 25 | $2.0B | $3.6B | ||
| Q4 24 | $2.0B | $3.7B | ||
| Q3 24 | $2.1B | $3.6B | ||
| Q2 24 | $2.0B | $3.5B | ||
| Q1 24 | $2.0B | $3.5B |
| Q4 25 | — | $856.3M | ||
| Q3 25 | $470.7M | $1.1B | ||
| Q2 25 | $501.4M | $1.0B | ||
| Q1 25 | $513.1M | $1.0B | ||
| Q4 24 | $524.8M | $1.0B | ||
| Q3 24 | $755.3M | $1.1B | ||
| Q2 24 | $765.0M | $1.2B | ||
| Q1 24 | $781.2M | $1.3B |
| Q4 25 | — | $5.8B | ||
| Q3 25 | $2.9B | $6.1B | ||
| Q2 25 | $2.9B | $6.1B | ||
| Q1 25 | $3.0B | $6.0B | ||
| Q4 24 | $3.0B | $6.0B | ||
| Q3 24 | $3.4B | $6.0B | ||
| Q2 24 | $3.4B | $6.0B | ||
| Q1 24 | $3.4B | $6.2B |
| Q4 25 | — | 4.15× | ||
| Q3 25 | 4.30× | 3.39× | ||
| Q2 25 | 3.97× | 3.55× | ||
| Q1 25 | 3.91× | 3.56× | ||
| Q4 24 | 3.85× | 3.62× | ||
| Q3 24 | 2.75× | 3.42× | ||
| Q2 24 | 2.67× | 2.88× | ||
| Q1 24 | 2.61× | 2.63× |
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 | $158.9M |
| Free Cash FlowOCF − Capex | $-70.7M | $149.7M |
| FCF MarginFCF / Revenue | -16.1% | 26.5% |
| Capex IntensityCapex / Revenue | 1.4% | 1.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $158.9M | ||
| Q3 25 | $-64.6M | $191.2M | ||
| Q2 25 | $17.8M | $205.3M | ||
| Q1 25 | $52.7M | $206.6M | ||
| Q4 24 | $80.3M | $178.9M | ||
| Q3 24 | $4.2M | $-1.6M | ||
| Q2 24 | $11.3M | $175.6M | ||
| Q1 24 | $35.1M | $208.7M |
| Q4 25 | — | $149.7M | ||
| Q3 25 | $-70.7M | $186.9M | ||
| Q2 25 | $11.5M | $199.0M | ||
| Q1 25 | $42.4M | $202.0M | ||
| Q4 24 | $71.7M | $176.6M | ||
| Q3 24 | $-679.0K | $-4.9M | ||
| Q2 24 | $5.2M | $169.4M | ||
| Q1 24 | $27.5M | $202.1M |
| Q4 25 | — | 26.5% | ||
| Q3 25 | -16.1% | 33.0% | ||
| Q2 25 | 2.7% | 33.8% | ||
| Q1 25 | 10.0% | 36.1% | ||
| Q4 24 | 13.0% | 29.3% | ||
| Q3 24 | -0.1% | -0.8% | ||
| Q2 24 | 1.2% | 28.0% | ||
| Q1 24 | 5.8% | 34.4% |
| Q4 25 | — | 1.6% | ||
| Q3 25 | 1.4% | 0.7% | ||
| Q2 25 | 1.5% | 1.1% | ||
| Q1 25 | 2.4% | 0.8% | ||
| Q4 24 | 1.6% | 0.4% | ||
| Q3 24 | 1.0% | 0.6% | ||
| Q2 24 | 1.4% | 1.0% | ||
| Q1 24 | 1.6% | 1.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 4.41× | ||
| Q2 25 | — | 4.28× | ||
| Q1 25 | 63.17× | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 2.87× | — | ||
| Q1 24 | — | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
