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

NEWELL BRANDS INC. is the larger business by last-quarter revenue ($1.9B vs $1.8B, roughly 1.1× F&G Annuities & Life, Inc.). F&G Annuities & Life, Inc. runs the higher net margin — 7.3% vs -16.6%, a 23.9% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs -2.7%). Over the past eight quarters, NEWELL BRANDS INC.'s revenue compounded faster (7.1% CAGR vs 6.1%).

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.

Newell Brands Inc. is an American conglomerate of consumer and commercial products. The company's brands and products include Rubbermaid storage/or waste disposal containers; home organization and reusable container products; Contigo and Bubba water bottles; Coleman outdoor products; writing instruments glue ; children's products ; cookware and small appliances and fragrance products.

FG vs NWL — Head-to-Head

Bigger by revenue
NWL
NWL
1.1× larger
NWL
$1.9B
$1.8B
FG
Growing faster (revenue YoY)
FG
FG
+15.9% gap
FG
13.2%
-2.7%
NWL
Higher net margin
FG
FG
23.9% more per $
FG
7.3%
-16.6%
NWL
Faster 2-yr revenue CAGR
NWL
NWL
Annualised
NWL
7.1%
6.1%
FG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FG
FG
NWL
NWL
Revenue
$1.8B
$1.9B
Net Profit
$128.0M
$-315.0M
Gross Margin
33.1%
Operating Margin
-14.3%
Net Margin
7.3%
-16.6%
Revenue YoY
13.2%
-2.7%
Net Profit YoY
-60.9%
-483.3%
EPS (diluted)
$0.97
$-0.75

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
NWL
NWL
Q4 25
$1.8B
$1.9B
Q3 25
$1.7B
$1.8B
Q2 25
$1.4B
$1.9B
Q1 25
$908.0M
$1.6B
Q4 24
$1.6B
$1.9B
Q3 24
$1.4B
$1.9B
Q2 24
$1.2B
$2.0B
Q1 24
$1.6B
$1.7B
Net Profit
FG
FG
NWL
NWL
Q4 25
$128.0M
$-315.0M
Q3 25
$118.0M
$21.0M
Q2 25
$40.0M
$46.0M
Q1 25
$-21.0M
$-37.0M
Q4 24
$327.0M
$-54.0M
Q3 24
$-6.0M
$-198.0M
Q2 24
$203.0M
$45.0M
Q1 24
$115.0M
$-9.0M
Gross Margin
FG
FG
NWL
NWL
Q4 25
33.1%
Q3 25
34.1%
Q2 25
35.4%
Q1 25
32.1%
Q4 24
34.2%
Q3 24
34.9%
Q2 24
34.4%
Q1 24
30.5%
Operating Margin
FG
FG
NWL
NWL
Q4 25
-14.3%
Q3 25
6.6%
Q2 25
8.8%
Q1 25
1.3%
Q4 24
0.5%
Q3 24
-6.2%
Q2 24
8.0%
Q1 24
1.0%
Net Margin
FG
FG
NWL
NWL
Q4 25
7.3%
-16.6%
Q3 25
7.0%
1.2%
Q2 25
2.9%
2.4%
Q1 25
-2.3%
-2.4%
Q4 24
21.0%
-2.8%
Q3 24
-0.4%
-10.2%
Q2 24
17.3%
2.2%
Q1 24
7.3%
-0.5%
EPS (diluted)
FG
FG
NWL
NWL
Q4 25
$0.97
$-0.75
Q3 25
$0.85
$0.05
Q2 25
$0.26
$0.11
Q1 25
$-0.20
$-0.09
Q4 24
$2.53
$-0.13
Q3 24
$-0.08
$-0.48
Q2 24
$1.55
$0.11
Q1 24
$0.88
$-0.02

Balance Sheet & Financial Strength

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

Metric
FG
FG
NWL
NWL
Cash + ST InvestmentsLiquidity on hand
$1.5B
$203.0M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$4.8B
$2.4B
Total Assets
$98.4B
$10.7B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FG
FG
NWL
NWL
Q4 25
$1.5B
$203.0M
Q3 25
$2.2B
$229.0M
Q2 25
$1.9B
$219.0M
Q1 25
$3.3B
$233.0M
Q4 24
$2.3B
$198.0M
Q3 24
$3.5B
$494.0M
Q2 24
$3.5B
$382.0M
Q1 24
$2.4B
$372.0M
Total Debt
FG
FG
NWL
NWL
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$1.7B
Stockholders' Equity
FG
FG
NWL
NWL
Q4 25
$4.8B
$2.4B
Q3 25
$4.8B
$2.7B
Q2 25
$4.4B
$2.7B
Q1 25
$4.4B
$2.7B
Q4 24
$4.0B
$2.8B
Q3 24
$4.3B
$2.9B
Q2 24
$3.7B
$3.1B
Q1 24
$3.5B
$3.1B
Total Assets
FG
FG
NWL
NWL
Q4 25
$98.4B
$10.7B
Q3 25
$96.1B
$11.3B
Q2 25
$91.8B
$11.5B
Q1 25
$88.0B
$11.3B
Q4 24
$85.0B
$11.0B
Q3 24
$84.1B
$11.8B
Q2 24
$78.5B
$12.0B
Q1 24
$74.4B
$12.1B
Debt / Equity
FG
FG
NWL
NWL
Q4 25
0.47×
Q3 25
0.46×
Q2 25
0.50×
Q1 25
0.51×
Q4 24
0.55×
Q3 24
0.47×
Q2 24
0.56×
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
NWL
NWL
Operating Cash FlowLast quarter
$1.2B
$161.0M
Free Cash FlowOCF − Capex
$91.0M
FCF MarginFCF / Revenue
4.8%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
9.13×
TTM Free Cash FlowTrailing 4 quarters
$17.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FG
FG
NWL
NWL
Q4 25
$1.2B
$161.0M
Q3 25
$937.0M
$374.0M
Q2 25
$1.6B
$-58.0M
Q1 25
$956.0M
$-213.0M
Q4 24
$1.3B
$150.0M
Q3 24
$2.1B
$282.0M
Q2 24
$1.1B
$32.0M
Q1 24
$1.5B
$32.0M
Free Cash Flow
FG
FG
NWL
NWL
Q4 25
$91.0M
Q3 25
$315.0M
Q2 25
$-117.0M
Q1 25
$-272.0M
Q4 24
$54.0M
Q3 24
$231.0M
Q2 24
$-21.0M
Q1 24
$-27.0M
FCF Margin
FG
FG
NWL
NWL
Q4 25
4.8%
Q3 25
17.4%
Q2 25
-6.0%
Q1 25
-17.4%
Q4 24
2.8%
Q3 24
11.9%
Q2 24
-1.0%
Q1 24
-1.6%
Capex Intensity
FG
FG
NWL
NWL
Q4 25
3.7%
Q3 25
3.3%
Q2 25
3.0%
Q1 25
3.8%
Q4 24
4.9%
Q3 24
2.6%
Q2 24
2.6%
Q1 24
3.6%
Cash Conversion
FG
FG
NWL
NWL
Q4 25
9.13×
Q3 25
7.94×
17.81×
Q2 25
40.50×
-1.26×
Q1 25
Q4 24
4.04×
Q3 24
Q2 24
5.20×
0.71×
Q1 24
13.34×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FG
FG

Segment breakdown not available.

NWL
NWL

Kitchen$538.0M28%
Writing$370.0M20%
Commercial$320.0M17%
Financial Institution Two$286.0M15%
Baby$259.0M14%
Outdoor And Recreation$142.0M7%

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