vs

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

Owens Corning is the larger business by last-quarter revenue ($2.1B vs $1.8B, roughly 1.2× F&G Annuities & Life, Inc.). F&G Annuities & Life, Inc. runs the higher net margin — 7.3% vs -13.9%, a 21.2% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs -24.6%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% CAGR vs -3.5%).

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.

Owens Corning is an American company that develops and produces insulation, roofing, and fiberglass composites and related products. It is the world's largest manufacturer of fiberglass composites. It was formed in 1935 as a partnership between two major American glassworks, Corning Glass Works and Owens-Illinois. The company employs approximately 19,000 people around the world. Owens Corning has been a Fortune 500 company every year since the list was created in 1955. The Pink Panther is the...

FG vs OC — Head-to-Head

Bigger by revenue
OC
OC
1.2× larger
OC
$2.1B
$1.8B
FG
Growing faster (revenue YoY)
FG
FG
+37.8% gap
FG
13.2%
-24.6%
OC
Higher net margin
FG
FG
21.2% more per $
FG
7.3%
-13.9%
OC
Faster 2-yr revenue CAGR
FG
FG
Annualised
FG
6.1%
-3.5%
OC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FG
FG
OC
OC
Revenue
$1.8B
$2.1B
Net Profit
$128.0M
$-298.0M
Gross Margin
23.2%
Operating Margin
-10.5%
Net Margin
7.3%
-13.9%
Revenue YoY
13.2%
-24.6%
Net Profit YoY
-60.9%
-15.5%
EPS (diluted)
$0.97
$-3.47

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
OC
OC
Q4 25
$1.8B
$2.1B
Q3 25
$1.7B
$2.7B
Q2 25
$1.4B
$2.7B
Q1 25
$908.0M
$2.5B
Q4 24
$1.6B
$2.8B
Q3 24
$1.4B
$3.0B
Q2 24
$1.2B
$2.8B
Q1 24
$1.6B
$2.3B
Net Profit
FG
FG
OC
OC
Q4 25
$128.0M
$-298.0M
Q3 25
$118.0M
$-494.0M
Q2 25
$40.0M
$363.0M
Q1 25
$-21.0M
$-93.0M
Q4 24
$327.0M
$-258.0M
Q3 24
$-6.0M
$321.0M
Q2 24
$203.0M
$285.0M
Q1 24
$115.0M
$299.0M
Gross Margin
FG
FG
OC
OC
Q4 25
23.2%
Q3 25
28.2%
Q2 25
31.2%
Q1 25
28.7%
Q4 24
28.1%
Q3 24
29.8%
Q2 24
31.1%
Q1 24
29.6%
Operating Margin
FG
FG
OC
OC
Q4 25
-10.5%
Q3 25
-12.2%
Q2 25
18.4%
Q1 25
16.1%
Q4 24
-8.5%
Q3 24
16.7%
Q2 24
16.4%
Q1 24
17.5%
Net Margin
FG
FG
OC
OC
Q4 25
7.3%
-13.9%
Q3 25
7.0%
-18.4%
Q2 25
2.9%
13.2%
Q1 25
-2.3%
-3.7%
Q4 24
21.0%
-9.1%
Q3 24
-0.4%
10.5%
Q2 24
17.3%
10.2%
Q1 24
7.3%
13.0%
EPS (diluted)
FG
FG
OC
OC
Q4 25
$0.97
$-3.47
Q3 25
$0.85
$-5.92
Q2 25
$0.26
$4.25
Q1 25
$-0.20
$-1.08
Q4 24
$2.53
$-2.92
Q3 24
$-0.08
$3.65
Q2 24
$1.55
$3.24
Q1 24
$0.88
$3.40

Balance Sheet & Financial Strength

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

Metric
FG
FG
OC
OC
Cash + ST InvestmentsLiquidity on hand
$1.5B
$345.0M
Total DebtLower is stronger
$2.2B
$4.7B
Stockholders' EquityBook value
$4.8B
$3.9B
Total Assets
$98.4B
$13.0B
Debt / EquityLower = less leverage
0.47×
1.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FG
FG
OC
OC
Q4 25
$1.5B
$345.0M
Q3 25
$2.2B
$286.0M
Q2 25
$1.9B
$230.0M
Q1 25
$3.3B
$400.0M
Q4 24
$2.3B
$361.0M
Q3 24
$3.5B
$499.0M
Q2 24
$3.5B
$254.0M
Q1 24
$2.4B
$1.3B
Total Debt
FG
FG
OC
OC
Q4 25
$2.2B
$4.7B
Q3 25
$2.2B
$4.7B
Q2 25
$2.2B
$5.1B
Q1 25
$2.2B
$5.0B
Q4 24
$2.2B
$5.1B
Q3 24
$2.0B
$5.0B
Q2 24
$2.0B
$5.0B
Q1 24
$1.7B
$2.6B
Stockholders' Equity
FG
FG
OC
OC
Q4 25
$4.8B
$3.9B
Q3 25
$4.8B
$4.4B
Q2 25
$4.4B
$5.2B
Q1 25
$4.4B
$4.9B
Q4 24
$4.0B
$5.1B
Q3 24
$4.3B
$5.6B
Q2 24
$3.7B
$5.5B
Q1 24
$3.5B
$5.2B
Total Assets
FG
FG
OC
OC
Q4 25
$98.4B
$13.0B
Q3 25
$96.1B
$13.5B
Q2 25
$91.8B
$14.5B
Q1 25
$88.0B
$14.3B
Q4 24
$85.0B
$14.1B
Q3 24
$84.1B
$15.1B
Q2 24
$78.5B
$15.0B
Q1 24
$74.4B
$11.3B
Debt / Equity
FG
FG
OC
OC
Q4 25
0.47×
1.22×
Q3 25
0.46×
1.06×
Q2 25
0.50×
0.98×
Q1 25
0.51×
1.03×
Q4 24
0.55×
1.01×
Q3 24
0.47×
0.89×
Q2 24
0.56×
0.92×
Q1 24
0.49×
0.51×

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
OC
OC
Operating Cash FlowLast quarter
$1.2B
$590.0M
Free Cash FlowOCF − Capex
$333.0M
FCF MarginFCF / Revenue
15.5%
Capex IntensityCapex / Revenue
12.0%
Cash ConversionOCF / Net Profit
9.13×
TTM Free Cash FlowTrailing 4 quarters
$962.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FG
FG
OC
OC
Q4 25
$1.2B
$590.0M
Q3 25
$937.0M
$918.0M
Q2 25
$1.6B
$327.0M
Q1 25
$956.0M
$-49.0M
Q4 24
$1.3B
$676.0M
Q3 24
$2.1B
$699.0M
Q2 24
$1.1B
$493.0M
Q1 24
$1.5B
$24.0M
Free Cash Flow
FG
FG
OC
OC
Q4 25
$333.0M
Q3 25
$752.0M
Q2 25
$129.0M
Q1 25
$-252.0M
Q4 24
$479.0M
Q3 24
$558.0M
Q2 24
$336.0M
Q1 24
$-128.0M
FCF Margin
FG
FG
OC
OC
Q4 25
15.5%
Q3 25
28.0%
Q2 25
4.7%
Q1 25
-10.0%
Q4 24
16.9%
Q3 24
18.3%
Q2 24
12.0%
Q1 24
-5.6%
Capex Intensity
FG
FG
OC
OC
Q4 25
12.0%
Q3 25
6.2%
Q2 25
7.2%
Q1 25
8.0%
Q4 24
6.9%
Q3 24
4.6%
Q2 24
5.6%
Q1 24
6.6%
Cash Conversion
FG
FG
OC
OC
Q4 25
9.13×
Q3 25
7.94×
Q2 25
40.50×
0.90×
Q1 25
Q4 24
4.04×
Q3 24
2.18×
Q2 24
5.20×
1.73×
Q1 24
13.34×
0.08×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FG
FG

Segment breakdown not available.

OC
OC

Insulation$724.0M34%
Residential$625.0M29%
Doors$427.0M20%
Discontinued Operations Disposed Of By Sale$299.0M14%
Commercial And Industrial Sector$101.0M5%

Related Comparisons