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Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and Microchip Technology (MCHP). 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 $1.3B, roughly 1.3× Microchip Technology). Microchip Technology runs the higher net margin — 11.0% vs 7.3%, a 3.7% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs -72.2%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% CAGR vs 2.8%).

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.

Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.

FG vs MCHP — Head-to-Head

Bigger by revenue
FG
FG
1.3× larger
FG
$1.8B
$1.3B
MCHP
Growing faster (revenue YoY)
FG
FG
+85.4% gap
FG
13.2%
-72.2%
MCHP
Higher net margin
MCHP
MCHP
3.7% more per $
MCHP
11.0%
7.3%
FG
Faster 2-yr revenue CAGR
FG
FG
Annualised
FG
6.1%
2.8%
MCHP

Income Statement — Q4 FY2025 vs Q4 FY2026

Metric
FG
FG
MCHP
MCHP
Revenue
$1.8B
$1.3B
Net Profit
$128.0M
$144.2M
Gross Margin
61.0%
Operating Margin
16.6%
Net Margin
7.3%
11.0%
Revenue YoY
13.2%
-72.2%
Net Profit YoY
-60.9%
8.9%
EPS (diluted)
$0.97
$0.21

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
FG
FG
MCHP
MCHP
Q1 26
$1.3B
Q4 25
$1.8B
$1.2B
Q3 25
$1.7B
$1.1B
Q2 25
$1.4B
$1.1B
Q1 25
$908.0M
$970.5M
Q4 24
$1.6B
$1.0B
Q3 24
$1.4B
$1.2B
Q2 24
$1.2B
$1.2B
Net Profit
FG
FG
MCHP
MCHP
Q1 26
$144.2M
Q4 25
$128.0M
$62.7M
Q3 25
$118.0M
$41.7M
Q2 25
$40.0M
$-18.6M
Q1 25
$-21.0M
$-154.6M
Q4 24
$327.0M
$-53.6M
Q3 24
$-6.0M
$78.4M
Q2 24
$203.0M
$129.3M
Gross Margin
FG
FG
MCHP
MCHP
Q1 26
61.0%
Q4 25
59.6%
Q3 25
55.9%
Q2 25
53.6%
Q1 25
51.6%
Q4 24
54.7%
Q3 24
57.4%
Q2 24
59.4%
Operating Margin
FG
FG
MCHP
MCHP
Q1 26
16.6%
Q4 25
12.8%
Q3 25
7.8%
Q2 25
3.0%
Q1 25
-10.3%
Q4 24
3.0%
Q3 24
12.6%
Q2 24
17.7%
Net Margin
FG
FG
MCHP
MCHP
Q1 26
11.0%
Q4 25
7.3%
5.3%
Q3 25
7.0%
3.7%
Q2 25
2.9%
-1.7%
Q1 25
-2.3%
-15.9%
Q4 24
21.0%
-5.2%
Q3 24
-0.4%
6.7%
Q2 24
17.3%
10.4%
EPS (diluted)
FG
FG
MCHP
MCHP
Q1 26
$0.21
Q4 25
$0.97
$0.06
Q3 25
$0.85
$0.03
Q2 25
$0.26
$-0.09
Q1 25
$-0.20
$-0.29
Q4 24
$2.53
$-0.10
Q3 24
$-0.08
$0.14
Q2 24
$1.55
$0.24

Balance Sheet & Financial Strength

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

Metric
FG
FG
MCHP
MCHP
Cash + ST InvestmentsLiquidity on hand
$1.5B
$240.3M
Total DebtLower is stronger
$2.2B
$5.5B
Stockholders' EquityBook value
$4.8B
$6.4B
Total Assets
$98.4B
$14.4B
Debt / EquityLower = less leverage
0.47×
0.85×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FG
FG
MCHP
MCHP
Q1 26
$240.3M
Q4 25
$1.5B
$250.7M
Q3 25
$2.2B
$236.8M
Q2 25
$1.9B
$566.5M
Q1 25
$3.3B
$771.7M
Q4 24
$2.3B
$586.0M
Q3 24
$3.5B
$286.1M
Q2 24
$3.5B
$315.1M
Total Debt
FG
FG
MCHP
MCHP
Q1 26
$5.5B
Q4 25
$2.2B
$5.4B
Q3 25
$2.2B
$5.4B
Q2 25
$2.2B
$5.5B
Q1 25
$2.2B
$5.6B
Q4 24
$2.2B
$6.7B
Q3 24
$2.0B
$6.4B
Q2 24
$2.0B
$6.2B
Stockholders' Equity
FG
FG
MCHP
MCHP
Q1 26
$6.4B
Q4 25
$4.8B
$6.6B
Q3 25
$4.8B
$6.7B
Q2 25
$4.4B
$6.9B
Q1 25
$4.4B
$7.1B
Q4 24
$4.0B
$6.0B
Q3 24
$4.3B
$6.3B
Q2 24
$3.7B
$6.4B
Total Assets
FG
FG
MCHP
MCHP
Q1 26
$14.4B
Q4 25
$98.4B
$14.3B
Q3 25
$96.1B
$14.5B
Q2 25
$91.8B
$15.0B
Q1 25
$88.0B
$15.4B
Q4 24
$85.0B
$15.6B
Q3 24
$84.1B
$15.6B
Q2 24
$78.5B
$15.8B
Debt / Equity
FG
FG
MCHP
MCHP
Q1 26
0.85×
Q4 25
0.47×
0.82×
Q3 25
0.46×
0.80×
Q2 25
0.50×
0.80×
Q1 25
0.51×
0.80×
Q4 24
0.55×
1.12×
Q3 24
0.47×
1.02×
Q2 24
0.56×
0.96×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FG
FG
MCHP
MCHP
Operating Cash FlowLast quarter
$1.2B
Free Cash FlowOCF − Capex
$242.8M
FCF MarginFCF / Revenue
18.5%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
9.13×
TTM Free Cash FlowTrailing 4 quarters
$871.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FG
FG
MCHP
MCHP
Q1 26
Q4 25
$1.2B
$341.4M
Q3 25
$937.0M
$88.1M
Q2 25
$1.6B
$275.6M
Q1 25
$956.0M
$205.9M
Q4 24
$1.3B
$271.5M
Q3 24
$2.1B
$43.6M
Q2 24
$1.1B
$377.1M
Free Cash Flow
FG
FG
MCHP
MCHP
Q1 26
$242.8M
Q4 25
$318.9M
Q3 25
$51.6M
Q2 25
$257.7M
Q1 25
$191.7M
Q4 24
$253.4M
Q3 24
$22.8M
Q2 24
$304.2M
FCF Margin
FG
FG
MCHP
MCHP
Q1 26
18.5%
Q4 25
26.9%
Q3 25
4.5%
Q2 25
24.0%
Q1 25
19.8%
Q4 24
24.7%
Q3 24
2.0%
Q2 24
24.5%
Capex Intensity
FG
FG
MCHP
MCHP
Q1 26
1.1%
Q4 25
1.9%
Q3 25
3.2%
Q2 25
1.7%
Q1 25
1.5%
Q4 24
1.8%
Q3 24
1.8%
Q2 24
5.9%
Cash Conversion
FG
FG
MCHP
MCHP
Q1 26
Q4 25
9.13×
5.44×
Q3 25
7.94×
2.11×
Q2 25
40.50×
Q1 25
Q4 24
4.04×
Q3 24
0.56×
Q2 24
5.20×
2.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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