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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and OLYMPIC STEEL INC (ZEUS). Click either name above to swap in a different company.
OLYMPIC STEEL INC is the larger business by last-quarter revenue ($490.7M vs $439.3M, roughly 1.1× B&G Foods, Inc.). OLYMPIC STEEL INC runs the higher net margin — 0.4% vs -4.4%, a 4.8% gap on every dollar of revenue. On growth, OLYMPIC STEEL INC posted the faster year-over-year revenue change (4.4% vs -4.7%). OLYMPIC STEEL INC produced more free cash flow last quarter ($-12.9M vs $-70.7M). Over the past eight quarters, OLYMPIC STEEL INC's revenue compounded faster (0.1% 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.
Olympic Steel, Inc. is a metals service center based in Cleveland, Ohio. The company processes and distributes carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminium alloy, tin plate, and metal-intensive branded products primarily in the United States. Metals processing and value added services include tempering, stretch leveling, cutting-to-length, slitting, edging, shearing, blanking, burning, forming, shot blasting, laser punching, plate rolling, fabricating, machi...
BGS vs ZEUS — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $490.7M |
| Net Profit | $-19.1M | $2.2M |
| Gross Margin | 22.5% | — |
| Operating Margin | 2.5% | 1.5% |
| Net Margin | -4.4% | 0.4% |
| Revenue YoY | -4.7% | 4.4% |
| Net Profit YoY | -356.5% | -21.2% |
| EPS (diluted) | $-0.24 | $0.18 |
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.
| Q3 25 | $439.3M | $490.7M | ||
| Q2 25 | $424.4M | $496.5M | ||
| Q1 25 | $425.4M | $492.9M | ||
| Q4 24 | $551.6M | $418.8M | ||
| Q3 24 | $461.1M | $470.0M | ||
| Q2 24 | $444.6M | $526.3M | ||
| Q1 24 | $475.2M | $526.6M | ||
| Q4 23 | $578.1M | $489.4M |
| Q3 25 | $-19.1M | $2.2M | ||
| Q2 25 | $-9.8M | $5.2M | ||
| Q1 25 | $835.0K | $2.5M | ||
| Q4 24 | $-222.4M | $3.9M | ||
| Q3 24 | $7.5M | $2.7M | ||
| Q2 24 | $3.9M | $7.7M | ||
| Q1 24 | $-40.2M | $8.7M | ||
| Q4 23 | $2.6M | $7.4M |
| 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 23 | 21.7% | — |
| Q3 25 | 2.5% | 1.5% | ||
| Q2 25 | 5.2% | 2.3% | ||
| Q1 25 | 8.4% | 1.6% | ||
| Q4 24 | -46.6% | 2.1% | ||
| Q3 24 | 11.1% | 1.7% | ||
| Q2 24 | 9.9% | 2.9% | ||
| Q1 24 | -3.3% | 3.0% | ||
| Q4 23 | 7.2% | 2.7% |
| Q3 25 | -4.4% | 0.4% | ||
| Q2 25 | -2.3% | 1.1% | ||
| Q1 25 | 0.2% | 0.5% | ||
| Q4 24 | -40.3% | 0.9% | ||
| Q3 24 | 1.6% | 0.6% | ||
| Q2 24 | 0.9% | 1.5% | ||
| Q1 24 | -8.5% | 1.7% | ||
| Q4 23 | 0.4% | 1.5% |
| Q3 25 | $-0.24 | $0.18 | ||
| Q2 25 | $-0.12 | $0.45 | ||
| Q1 25 | $0.01 | $0.21 | ||
| Q4 24 | $-2.81 | $0.33 | ||
| Q3 24 | $0.09 | $0.23 | ||
| Q2 24 | $0.05 | $0.66 | ||
| Q1 24 | $-0.51 | $0.75 | ||
| Q4 23 | $0.02 | $0.64 |
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 | $7.5M |
| Total DebtLower is stronger | $2.0B | $240.9M |
| Stockholders' EquityBook value | $470.7M | $579.1M |
| Total Assets | $2.9B | $1.1B |
| Debt / EquityLower = less leverage | 4.30× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $60.9M | $7.5M | ||
| Q2 25 | $54.1M | $14.8M | ||
| Q1 25 | $61.2M | $13.3M | ||
| Q4 24 | $50.6M | $11.9M | ||
| Q3 24 | $54.7M | $11.1M | ||
| Q2 24 | $40.3M | $9.4M | ||
| Q1 24 | $42.5M | $10.3M | ||
| Q4 23 | $41.1M | $13.2M |
| Q3 25 | $2.0B | $240.9M | ||
| Q2 25 | $2.0B | $233.2M | ||
| Q1 25 | $2.0B | $235.4M | ||
| Q4 24 | $2.0B | $272.5M | ||
| Q3 24 | $2.1B | $197.3M | ||
| Q2 24 | $2.0B | $209.2M | ||
| Q1 24 | $2.0B | $196.8M | ||
| Q4 23 | $2.0B | $190.2M |
| Q3 25 | $470.7M | $579.1M | ||
| Q2 25 | $501.4M | $578.2M | ||
| Q1 25 | $513.1M | $574.2M | ||
| Q4 24 | $524.8M | $573.9M | ||
| Q3 24 | $755.3M | $570.6M | ||
| Q2 24 | $765.0M | $569.5M | ||
| Q1 24 | $781.2M | $563.0M | ||
| Q4 23 | $835.5M | $555.5M |
| Q3 25 | $2.9B | $1.1B | ||
| Q2 25 | $2.9B | $1.1B | ||
| Q1 25 | $3.0B | $1.1B | ||
| Q4 24 | $3.0B | $1.0B | ||
| Q3 24 | $3.4B | $1.0B | ||
| Q2 24 | $3.4B | $1.0B | ||
| Q1 24 | $3.4B | $1.0B | ||
| Q4 23 | $3.5B | $984.8M |
| Q3 25 | 4.30× | 0.42× | ||
| Q2 25 | 3.97× | 0.40× | ||
| Q1 25 | 3.91× | 0.41× | ||
| Q4 24 | 3.85× | 0.47× | ||
| Q3 24 | 2.75× | 0.35× | ||
| Q2 24 | 2.67× | 0.37× | ||
| Q1 24 | 2.61× | 0.35× | ||
| Q4 23 | 2.45× | 0.34× |
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 | $-5.4M |
| Free Cash FlowOCF − Capex | $-70.7M | $-12.9M |
| FCF MarginFCF / Revenue | -16.1% | -2.6% |
| Capex IntensityCapex / Revenue | 1.4% | 1.5% |
| Cash ConversionOCF / Net Profit | — | -2.50× |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-64.6M | $-5.4M | ||
| Q2 25 | $17.8M | $15.5M | ||
| Q1 25 | $52.7M | $49.4M | ||
| Q4 24 | $80.3M | $14.6M | ||
| Q3 24 | $4.2M | $24.6M | ||
| Q2 24 | $11.3M | $-2.9M | ||
| Q1 24 | $35.1M | $-2.6M | ||
| Q4 23 | $92.1M | $54.2M |
| Q3 25 | $-70.7M | $-12.9M | ||
| Q2 25 | $11.5M | $6.8M | ||
| Q1 25 | $42.4M | $40.6M | ||
| Q4 24 | $71.7M | $7.4M | ||
| Q3 24 | $-679.0K | $15.6M | ||
| Q2 24 | $5.2M | $-11.3M | ||
| Q1 24 | $27.5M | $-7.4M | ||
| Q4 23 | $83.3M | $52.4M |
| Q3 25 | -16.1% | -2.6% | ||
| Q2 25 | 2.7% | 1.4% | ||
| Q1 25 | 10.0% | 8.2% | ||
| Q4 24 | 13.0% | 1.8% | ||
| Q3 24 | -0.1% | 3.3% | ||
| Q2 24 | 1.2% | -2.2% | ||
| Q1 24 | 5.8% | -1.4% | ||
| Q4 23 | 14.4% | 10.7% |
| Q3 25 | 1.4% | 1.5% | ||
| Q2 25 | 1.5% | 1.7% | ||
| Q1 25 | 2.4% | 1.8% | ||
| Q4 24 | 1.6% | 1.7% | ||
| Q3 24 | 1.0% | 1.9% | ||
| Q2 24 | 1.4% | 1.6% | ||
| Q1 24 | 1.6% | 0.9% | ||
| Q4 23 | 1.5% | 0.4% |
| Q3 25 | — | -2.50× | ||
| Q2 25 | — | 2.96× | ||
| Q1 25 | 63.17× | 19.70× | ||
| Q4 24 | — | 3.75× | ||
| Q3 24 | 0.56× | 9.01× | ||
| Q2 24 | 2.87× | -0.38× | ||
| Q1 24 | — | -0.30× | ||
| Q4 23 | 35.76× | 7.31× |
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% |
ZEUS
| Carbon Flat Products | $268.2M | 55% |
| Specialty Metals Flat Products | $140.9M | 29% |
| Tubular And Pipe Products | $81.6M | 17% |
