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Side-by-side financial comparison of Darden Restaurants (DRI) and F&G Annuities & Life, Inc. (FG). Click either name above to swap in a different company.
Darden Restaurants is the larger business by last-quarter revenue ($3.1B vs $1.8B, roughly 1.8× F&G Annuities & Life, Inc.). Darden Restaurants runs the higher net margin — 7.6% vs 7.3%, a 0.4% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs 7.3%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% CAGR vs 2.1%).
Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando, Florida. Darden has more than 1,800 restaurant locations and more than 175,000 employees, making it the world's largest full-service restaurant company. The company began as an extension of Red Lobster, founded by William Darden and initially backed by General Mills. Red Lobster was later sold in July 2014.
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.
DRI vs FG — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.1B | $1.8B |
| Net Profit | $237.2M | $128.0M |
| Gross Margin | 18.7% | — |
| Operating Margin | 10.3% | — |
| Net Margin | 7.6% | 7.3% |
| Revenue YoY | 7.3% | 13.2% |
| Net Profit YoY | 10.3% | -60.9% |
| EPS (diluted) | $2.03 | $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 | $3.1B | $1.8B | ||
| Q3 25 | $3.0B | $1.7B | ||
| Q2 25 | $3.3B | $1.4B | ||
| Q1 25 | $3.2B | $908.0M | ||
| Q4 24 | $2.9B | $1.6B | ||
| Q3 24 | $2.8B | $1.4B | ||
| Q2 24 | $3.0B | $1.2B | ||
| Q1 24 | $3.0B | $1.6B |
| Q4 25 | $237.2M | $128.0M | ||
| Q3 25 | $257.8M | $118.0M | ||
| Q2 25 | $303.9M | $40.0M | ||
| Q1 25 | $323.4M | $-21.0M | ||
| Q4 24 | $215.1M | $327.0M | ||
| Q3 24 | $207.2M | $-6.0M | ||
| Q2 24 | $308.1M | $203.0M | ||
| Q1 24 | $312.9M | $115.0M |
| Q4 25 | 18.7% | — | ||
| Q3 25 | 18.9% | — | ||
| Q2 25 | 22.1% | — | ||
| Q1 25 | 21.1% | — | ||
| Q4 24 | 19.5% | — | ||
| Q3 24 | 18.8% | — | ||
| Q2 24 | 20.9% | — | ||
| Q1 24 | 20.6% | — |
| Q4 25 | 10.3% | — | ||
| Q3 25 | 11.1% | — | ||
| Q2 25 | 11.7% | — | ||
| Q1 25 | 13.2% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 9.8% | — | ||
| Q2 24 | 13.4% | — | ||
| Q1 24 | 13.0% | — |
| Q4 25 | 7.6% | 7.3% | ||
| Q3 25 | 8.5% | 7.0% | ||
| Q2 25 | 9.3% | 2.9% | ||
| Q1 25 | 10.2% | -2.3% | ||
| Q4 24 | 7.4% | 21.0% | ||
| Q3 24 | 7.5% | -0.4% | ||
| Q2 24 | 10.4% | 17.3% | ||
| Q1 24 | 10.5% | 7.3% |
| Q4 25 | $2.03 | $0.97 | ||
| Q3 25 | $2.19 | $0.85 | ||
| Q2 25 | $2.56 | $0.26 | ||
| Q1 25 | $2.74 | $-0.20 | ||
| Q4 24 | $1.82 | $2.53 | ||
| Q3 24 | $1.74 | $-0.08 | ||
| Q2 24 | $2.56 | $1.55 | ||
| Q1 24 | $2.60 | $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 | $224.1M | $1.5B |
| Total DebtLower is stronger | $2.1B | $2.2B |
| Stockholders' EquityBook value | $2.1B | $4.8B |
| Total Assets | $12.9B | $98.4B |
| Debt / EquityLower = less leverage | 1.03× | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $224.1M | $1.5B | ||
| Q3 25 | $211.0M | $2.2B | ||
| Q2 25 | $240.0M | $1.9B | ||
| Q1 25 | $224.2M | $3.3B | ||
| Q4 24 | $217.3M | $2.3B | ||
| Q3 24 | $192.5M | $3.5B | ||
| Q2 24 | $194.8M | $3.5B | ||
| Q1 24 | $243.9M | $2.4B |
| Q4 25 | $2.1B | $2.2B | ||
| Q3 25 | $2.1B | $2.2B | ||
| Q2 25 | $2.1B | $2.2B | ||
| Q1 25 | $2.1B | $2.2B | ||
| Q4 24 | $2.1B | $2.2B | ||
| Q3 24 | $1.4B | $2.0B | ||
| Q2 24 | $1.4B | $2.0B | ||
| Q1 24 | $1.4B | $1.7B |
| Q4 25 | $2.1B | $4.8B | ||
| Q3 25 | $2.2B | $4.8B | ||
| Q2 25 | $2.3B | $4.4B | ||
| Q1 25 | $2.2B | $4.4B | ||
| Q4 24 | $2.1B | $4.0B | ||
| Q3 24 | $2.1B | $4.3B | ||
| Q2 24 | $2.2B | $3.7B | ||
| Q1 24 | $2.2B | $3.5B |
| Q4 25 | $12.9B | $98.4B | ||
| Q3 25 | $12.8B | $96.1B | ||
| Q2 25 | $12.6B | $91.8B | ||
| Q1 25 | $12.6B | $88.0B | ||
| Q4 24 | $12.5B | $85.0B | ||
| Q3 24 | $11.4B | $84.1B | ||
| Q2 24 | $11.3B | $78.5B | ||
| Q1 24 | $11.4B | $74.4B |
| Q4 25 | 1.03× | 0.47× | ||
| Q3 25 | 0.96× | 0.46× | ||
| Q2 25 | 0.92× | 0.50× | ||
| Q1 25 | 0.96× | 0.51× | ||
| Q4 24 | 1.02× | 0.55× | ||
| Q3 24 | 0.65× | 0.47× | ||
| Q2 24 | 0.61× | 0.56× | ||
| Q1 24 | 0.63× | 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 | $320.7M | $1.2B |
| Free Cash FlowOCF − Capex | $119.8M | — |
| FCF MarginFCF / Revenue | 3.9% | — |
| Capex IntensityCapex / Revenue | 6.5% | — |
| Cash ConversionOCF / Net Profit | 1.35× | 9.13× |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $320.7M | $1.2B | ||
| Q3 25 | $342.5M | $937.0M | ||
| Q2 25 | $457.0M | $1.6B | ||
| Q1 25 | $588.2M | $956.0M | ||
| Q4 24 | $388.6M | $1.3B | ||
| Q3 24 | $273.2M | $2.1B | ||
| Q2 24 | $426.0M | $1.1B | ||
| Q1 24 | $585.8M | $1.5B |
| Q4 25 | $119.8M | — | ||
| Q3 25 | $168.4M | — | ||
| Q2 25 | $285.0M | — | ||
| Q1 25 | $430.1M | — | ||
| Q4 24 | $219.3M | — | ||
| Q3 24 | $128.0M | — | ||
| Q2 24 | $285.6M | — | ||
| Q1 24 | $437.4M | — |
| Q4 25 | 3.9% | — | ||
| Q3 25 | 5.5% | — | ||
| Q2 25 | 8.7% | — | ||
| Q1 25 | 13.6% | — | ||
| Q4 24 | 7.6% | — | ||
| Q3 24 | 4.6% | — | ||
| Q2 24 | 9.7% | — | ||
| Q1 24 | 14.7% | — |
| Q4 25 | 6.5% | — | ||
| Q3 25 | 5.7% | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 5.0% | — | ||
| Q4 24 | 5.9% | — | ||
| Q3 24 | 5.3% | — | ||
| Q2 24 | 4.7% | — | ||
| Q1 24 | 5.0% | — |
| Q4 25 | 1.35× | 9.13× | ||
| Q3 25 | 1.33× | 7.94× | ||
| Q2 25 | 1.50× | 40.50× | ||
| Q1 25 | 1.82× | — | ||
| Q4 24 | 1.81× | 4.04× | ||
| Q3 24 | 1.32× | — | ||
| Q2 24 | 1.38× | 5.20× | ||
| Q1 24 | 1.87× | 13.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DRI
| Olive Garden Segment | $1.4B | 44% |
| Long Horn Steakhouse Segment | $775.9M | 25% |
| Other | $647.3M | 21% |
| Fine Dining Segment | $316.2M | 10% |
FG
Segment breakdown not available.
