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Side-by-side financial comparison of TopBuild Corp (BLD) and F&G Annuities & Life, Inc. (FG). Click either name above to swap in a different company.
F&G Annuities & Life, Inc. is the larger business by last-quarter revenue ($1.8B vs $1.5B, roughly 1.2× TopBuild Corp). F&G Annuities & Life, Inc. runs the higher net margin — 7.3% vs 7.0%, a 0.2% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs 13.2%). Over the past eight quarters, TopBuild Corp's revenue compounded faster (7.8% CAGR vs 6.1%).
HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.
F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.
BLD vs FG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $1.8B |
| Net Profit | $104.5M | $128.0M |
| Gross Margin | 27.2% | — |
| Operating Margin | 12.1% | — |
| Net Margin | 7.0% | 7.3% |
| Revenue YoY | 13.2% | 13.2% |
| Net Profit YoY | -30.6% | -60.9% |
| EPS (diluted) | $3.69 | $0.97 |
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 | $1.5B | $1.8B | ||
| Q3 25 | $1.4B | $1.7B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.2B | $908.0M | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.4B | $1.2B | ||
| Q1 24 | $1.3B | $1.6B |
| Q4 25 | $104.5M | $128.0M | ||
| Q3 25 | $142.2M | $118.0M | ||
| Q2 25 | $151.6M | $40.0M | ||
| Q1 25 | $123.4M | $-21.0M | ||
| Q4 24 | $150.5M | $327.0M | ||
| Q3 24 | $169.0M | $-6.0M | ||
| Q2 24 | $150.7M | $203.0M | ||
| Q1 24 | $152.4M | $115.0M |
| Q4 25 | 27.2% | — | ||
| Q3 25 | 30.1% | — | ||
| Q2 25 | 30.4% | — | ||
| Q1 25 | 28.5% | — | ||
| Q4 24 | 29.9% | — | ||
| Q3 24 | 30.7% | — | ||
| Q2 24 | 31.0% | — | ||
| Q1 24 | 30.3% | — |
| Q4 25 | 12.1% | — | ||
| Q3 25 | 15.4% | — | ||
| Q2 25 | 16.9% | — | ||
| Q1 25 | 14.4% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | 15.4% | — | ||
| Q1 24 | 16.8% | — |
| Q4 25 | 7.0% | 7.3% | ||
| Q3 25 | 10.2% | 7.0% | ||
| Q2 25 | 11.7% | 2.9% | ||
| Q1 25 | 10.0% | -2.3% | ||
| Q4 24 | 11.5% | 21.0% | ||
| Q3 24 | 12.3% | -0.4% | ||
| Q2 24 | 11.0% | 17.3% | ||
| Q1 24 | 11.9% | 7.3% |
| Q4 25 | $3.69 | $0.97 | ||
| Q3 25 | $5.04 | $0.85 | ||
| Q2 25 | $5.32 | $0.26 | ||
| Q1 25 | $4.23 | $-0.20 | ||
| Q4 24 | $5.07 | $2.53 | ||
| Q3 24 | $5.65 | $-0.08 | ||
| Q2 24 | $4.78 | $1.55 | ||
| Q1 24 | $4.79 | $0.88 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $184.7M | $1.5B |
| Total DebtLower is stronger | $2.8B | $2.2B |
| Stockholders' EquityBook value | $2.3B | $4.8B |
| Total Assets | $6.6B | $98.4B |
| Debt / EquityLower = less leverage | 1.23× | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.7M | $1.5B | ||
| Q3 25 | $1.1B | $2.2B | ||
| Q2 25 | $842.5M | $1.9B | ||
| Q1 25 | $308.8M | $3.3B | ||
| Q4 24 | $400.3M | $2.3B | ||
| Q3 24 | $257.3M | $3.5B | ||
| Q2 24 | $463.2M | $3.5B | ||
| Q1 24 | $968.8M | $2.4B |
| Q4 25 | $2.8B | $2.2B | ||
| Q3 25 | $2.9B | $2.2B | ||
| Q2 25 | $1.9B | $2.2B | ||
| Q1 25 | $1.4B | $2.2B | ||
| Q4 24 | $1.4B | $2.2B | ||
| Q3 24 | $1.4B | $2.0B | ||
| Q2 24 | $1.4B | $2.0B | ||
| Q1 24 | $1.4B | $1.7B |
| Q4 25 | $2.3B | $4.8B | ||
| Q3 25 | $2.2B | $4.8B | ||
| Q2 25 | $2.1B | $4.4B | ||
| Q1 25 | $2.1B | $4.4B | ||
| Q4 24 | $2.2B | $4.0B | ||
| Q3 24 | $2.1B | $4.3B | ||
| Q2 24 | $2.4B | $3.7B | ||
| Q1 24 | $2.7B | $3.5B |
| Q4 25 | $6.6B | $98.4B | ||
| Q3 25 | $6.4B | $96.1B | ||
| Q2 25 | $5.1B | $91.8B | ||
| Q1 25 | $4.6B | $88.0B | ||
| Q4 24 | $4.7B | $85.0B | ||
| Q3 24 | $4.7B | $84.1B | ||
| Q2 24 | $4.9B | $78.5B | ||
| Q1 24 | $5.3B | $74.4B |
| Q4 25 | 1.23× | 0.47× | ||
| Q3 25 | 1.29× | 0.46× | ||
| Q2 25 | 0.88× | 0.50× | ||
| Q1 25 | 0.65× | 0.51× | ||
| Q4 24 | 0.62× | 0.55× | ||
| Q3 24 | 0.66× | 0.47× | ||
| Q2 24 | 0.59× | 0.56× | ||
| Q1 24 | 0.52× | 0.49× |
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 | $176.7M | $1.2B |
| Free Cash FlowOCF − Capex | $159.4M | — |
| FCF MarginFCF / Revenue | 10.7% | — |
| Capex IntensityCapex / Revenue | 1.2% | — |
| Cash ConversionOCF / Net Profit | 1.69× | 9.13× |
| TTM Free Cash FlowTrailing 4 quarters | $696.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $176.7M | $1.2B | ||
| Q3 25 | $233.3M | $937.0M | ||
| Q2 25 | $193.7M | $1.6B | ||
| Q1 25 | $152.6M | $956.0M | ||
| Q4 24 | $266.2M | $1.3B | ||
| Q3 24 | $240.7M | $2.1B | ||
| Q2 24 | $90.4M | $1.1B | ||
| Q1 24 | $178.8M | $1.5B |
| Q4 25 | $159.4M | — | ||
| Q3 25 | $216.2M | — | ||
| Q2 25 | $182.2M | — | ||
| Q1 25 | $139.2M | — | ||
| Q4 24 | $253.7M | — | ||
| Q3 24 | $219.8M | — | ||
| Q2 24 | $74.3M | — | ||
| Q1 24 | $158.9M | — |
| Q4 25 | 10.7% | — | ||
| Q3 25 | 15.5% | — | ||
| Q2 25 | 14.0% | — | ||
| Q1 25 | 11.3% | — | ||
| Q4 24 | 19.3% | — | ||
| Q3 24 | 16.0% | — | ||
| Q2 24 | 5.4% | — | ||
| Q1 24 | 12.4% | — |
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 1.6% | — |
| Q4 25 | 1.69× | 9.13× | ||
| Q3 25 | 1.64× | 7.94× | ||
| Q2 25 | 1.28× | 40.50× | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 1.77× | 4.04× | ||
| Q3 24 | 1.42× | — | ||
| Q2 24 | 0.60× | 5.20× | ||
| Q1 24 | 1.17× | 13.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BLD
| Distribution Segment | $755.4M | 51% |
| Residential | $557.9M | 38% |
| All Other Products | $91.9M | 6% |
| Glass And Windows | $51.5M | 3% |
| Rain Gutters | $27.1M | 2% |
FG
Segment breakdown not available.
