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Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and Monster Beverage (MNST). Click either name above to swap in a different company.

Monster Beverage is the larger business by last-quarter revenue ($2.1B vs $1.8B, roughly 1.2× F&G Annuities & Life, Inc.). Monster Beverage runs the higher net margin — 21.1% vs 7.3%, a 13.8% gap on every dollar of revenue. On growth, Monster Beverage posted the faster year-over-year revenue change (17.6% vs 13.2%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% CAGR vs 5.9%).

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.

Monster Beverage Corporation is an American beverage company that manufactures energy drinks including Monster Energy, Relentless, Reign and Burn. The company was originally founded as Hansen's in 1935 in Southern California, originally selling juice products. The company renamed itself as Monster Beverage in 2012.

FG vs MNST — Head-to-Head

Bigger by revenue
MNST
MNST
1.2× larger
MNST
$2.1B
$1.8B
FG
Growing faster (revenue YoY)
MNST
MNST
+4.4% gap
MNST
17.6%
13.2%
FG
Higher net margin
MNST
MNST
13.8% more per $
MNST
21.1%
7.3%
FG
Faster 2-yr revenue CAGR
FG
FG
Annualised
FG
6.1%
5.9%
MNST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FG
FG
MNST
MNST
Revenue
$1.8B
$2.1B
Net Profit
$128.0M
$449.2M
Gross Margin
55.5%
Operating Margin
25.5%
Net Margin
7.3%
21.1%
Revenue YoY
13.2%
17.6%
Net Profit YoY
-60.9%
65.9%
EPS (diluted)
$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.

Revenue
FG
FG
MNST
MNST
Q4 25
$1.8B
$2.1B
Q3 25
$1.7B
$2.2B
Q2 25
$1.4B
$2.1B
Q1 25
$908.0M
$1.9B
Q4 24
$1.6B
$1.8B
Q3 24
$1.4B
$1.9B
Q2 24
$1.2B
$1.9B
Q1 24
$1.6B
$1.9B
Net Profit
FG
FG
MNST
MNST
Q4 25
$128.0M
$449.2M
Q3 25
$118.0M
$524.5M
Q2 25
$40.0M
$488.8M
Q1 25
$-21.0M
$443.0M
Q4 24
$327.0M
$270.7M
Q3 24
$-6.0M
$370.9M
Q2 24
$203.0M
$425.4M
Q1 24
$115.0M
$442.0M
Gross Margin
FG
FG
MNST
MNST
Q4 25
55.5%
Q3 25
55.7%
Q2 25
55.7%
Q1 25
56.5%
Q4 24
55.3%
Q3 24
53.2%
Q2 24
53.6%
Q1 24
54.1%
Operating Margin
FG
FG
MNST
MNST
Q4 25
25.5%
Q3 25
30.7%
Q2 25
29.9%
Q1 25
30.7%
Q4 24
21.0%
Q3 24
25.5%
Q2 24
27.7%
Q1 24
28.5%
Net Margin
FG
FG
MNST
MNST
Q4 25
7.3%
21.1%
Q3 25
7.0%
23.9%
Q2 25
2.9%
23.1%
Q1 25
-2.3%
23.9%
Q4 24
21.0%
14.9%
Q3 24
-0.4%
19.7%
Q2 24
17.3%
22.4%
Q1 24
7.3%
23.3%
EPS (diluted)
FG
FG
MNST
MNST
Q4 25
$0.97
Q3 25
$0.85
Q2 25
$0.26
Q1 25
$-0.20
Q4 24
$2.53
Q3 24
$-0.08
Q2 24
$1.55
Q1 24
$0.88

Balance Sheet & Financial Strength

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

Metric
FG
FG
MNST
MNST
Cash + ST InvestmentsLiquidity on hand
$1.5B
$2.8B
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$4.8B
$8.3B
Total Assets
$98.4B
$10.0B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FG
FG
MNST
MNST
Q4 25
$1.5B
$2.8B
Q3 25
$2.2B
$2.6B
Q2 25
$1.9B
$2.1B
Q1 25
$3.3B
$1.9B
Q4 24
$2.3B
$1.5B
Q3 24
$3.5B
$1.6B
Q2 24
$3.5B
$1.6B
Q1 24
$2.4B
$3.6B
Total Debt
FG
FG
MNST
MNST
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
$199.1M
Q4 24
$2.2B
$374.0M
Q3 24
$2.0B
$748.8M
Q2 24
$2.0B
$748.7M
Q1 24
$1.7B
Stockholders' Equity
FG
FG
MNST
MNST
Q4 25
$4.8B
$8.3B
Q3 25
$4.8B
$7.7B
Q2 25
$4.4B
$7.2B
Q1 25
$4.4B
$6.5B
Q4 24
$4.0B
$6.0B
Q3 24
$4.3B
$5.8B
Q2 24
$3.7B
$5.9B
Q1 24
$3.5B
$8.6B
Total Assets
FG
FG
MNST
MNST
Q4 25
$98.4B
$10.0B
Q3 25
$96.1B
$9.6B
Q2 25
$91.8B
$8.7B
Q1 25
$88.0B
$8.2B
Q4 24
$85.0B
$7.7B
Q3 24
$84.1B
$8.1B
Q2 24
$78.5B
$8.1B
Q1 24
$74.4B
$10.1B
Debt / Equity
FG
FG
MNST
MNST
Q4 25
0.47×
Q3 25
0.46×
Q2 25
0.50×
Q1 25
0.51×
0.03×
Q4 24
0.55×
0.06×
Q3 24
0.47×
0.13×
Q2 24
0.56×
0.13×
Q1 24
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
FG
FG
MNST
MNST
Operating Cash FlowLast quarter
$1.2B
$379.4M
Free Cash FlowOCF − Capex
$351.2M
FCF MarginFCF / Revenue
16.5%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
9.13×
0.84×
TTM Free Cash FlowTrailing 4 quarters
$2.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FG
FG
MNST
MNST
Q4 25
$1.2B
$379.4M
Q3 25
$937.0M
$745.1M
Q2 25
$1.6B
$466.0M
Q1 25
$956.0M
$507.6M
Q4 24
$1.3B
$461.7M
Q3 24
$2.1B
$618.4M
Q2 24
$1.1B
$436.3M
Q1 24
$1.5B
$412.1M
Free Cash Flow
FG
FG
MNST
MNST
Q4 25
$351.2M
Q3 25
$701.5M
Q2 25
$434.6M
Q1 25
$478.5M
Q4 24
$370.4M
Q3 24
$571.4M
Q2 24
$376.5M
Q1 24
$346.1M
FCF Margin
FG
FG
MNST
MNST
Q4 25
16.5%
Q3 25
31.9%
Q2 25
20.6%
Q1 25
25.8%
Q4 24
20.4%
Q3 24
30.4%
Q2 24
19.8%
Q1 24
18.2%
Capex Intensity
FG
FG
MNST
MNST
Q4 25
1.3%
Q3 25
2.0%
Q2 25
1.5%
Q1 25
1.6%
Q4 24
5.0%
Q3 24
2.5%
Q2 24
3.1%
Q1 24
3.5%
Cash Conversion
FG
FG
MNST
MNST
Q4 25
9.13×
0.84×
Q3 25
7.94×
1.42×
Q2 25
40.50×
0.95×
Q1 25
1.15×
Q4 24
4.04×
1.71×
Q3 24
1.67×
Q2 24
5.20×
1.03×
Q1 24
13.34×
0.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FG
FG

Segment breakdown not available.

MNST
MNST

Monster Energy Drinks Segment$1.2B57%
Sales Revenue Product Line$905.5M42%
Strategic Brands Segment$50.3M2%
Alcohol Brands Segment$29.0M1%

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