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Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and SONOCO PRODUCTS CO (SON). 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 $1.7B, roughly 1.1× SONOCO PRODUCTS CO). F&G Annuities & Life, Inc. runs the higher net margin — 7.3% vs 4.1%, a 3.2% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs -1.9%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% CAGR vs 1.2%).

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.

Sonoco Products Company is an American provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of composite cans, tubes, and cores. The company was founded in 1889 as Southern Novelty Company with annualized net sales of approximately $7.3 billion. Sonoco has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations. The company is headquartered in Hartsville, S...

FG vs SON — Head-to-Head

Bigger by revenue
FG
FG
1.1× larger
FG
$1.8B
$1.7B
SON
Growing faster (revenue YoY)
FG
FG
+15.1% gap
FG
13.2%
-1.9%
SON
Higher net margin
FG
FG
3.2% more per $
FG
7.3%
4.1%
SON
Faster 2-yr revenue CAGR
FG
FG
Annualised
FG
6.1%
1.2%
SON

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FG
FG
SON
SON
Revenue
$1.8B
$1.7B
Net Profit
$128.0M
$68.0M
Gross Margin
20.6%
Operating Margin
7.6%
Net Margin
7.3%
4.1%
Revenue YoY
13.2%
-1.9%
Net Profit YoY
-60.9%
24.1%
EPS (diluted)
$0.97
$0.68

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
SON
SON
Q1 26
$1.7B
Q4 25
$1.8B
$1.8B
Q3 25
$1.7B
$2.1B
Q2 25
$1.4B
$1.9B
Q1 25
$908.0M
$1.7B
Q4 24
$1.6B
Q3 24
$1.4B
$1.7B
Q2 24
$1.2B
$1.6B
Net Profit
FG
FG
SON
SON
Q1 26
$68.0M
Q4 25
$128.0M
$332.2M
Q3 25
$118.0M
$122.9M
Q2 25
$40.0M
$493.4M
Q1 25
$-21.0M
$54.4M
Q4 24
$327.0M
Q3 24
$-6.0M
$50.9M
Q2 24
$203.0M
$90.8M
Gross Margin
FG
FG
SON
SON
Q1 26
20.6%
Q4 25
19.6%
Q3 25
21.9%
Q2 25
21.3%
Q1 25
20.7%
Q4 24
Q3 24
21.4%
Q2 24
22.0%
Operating Margin
FG
FG
SON
SON
Q1 26
7.6%
Q4 25
29.4%
Q3 25
9.1%
Q2 25
9.2%
Q1 25
7.4%
Q4 24
Q3 24
7.6%
Q2 24
8.6%
Net Margin
FG
FG
SON
SON
Q1 26
4.1%
Q4 25
7.3%
18.8%
Q3 25
7.0%
5.8%
Q2 25
2.9%
25.8%
Q1 25
-2.3%
3.2%
Q4 24
21.0%
Q3 24
-0.4%
3.0%
Q2 24
17.3%
5.6%
EPS (diluted)
FG
FG
SON
SON
Q1 26
$0.68
Q4 25
$0.97
$3.33
Q3 25
$0.85
$1.23
Q2 25
$0.26
$4.96
Q1 25
$-0.20
$0.55
Q4 24
$2.53
Q3 24
$-0.08
$0.51
Q2 24
$1.55
$0.92

Balance Sheet & Financial Strength

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

Metric
FG
FG
SON
SON
Cash + ST InvestmentsLiquidity on hand
$1.5B
$224.5M
Total DebtLower is stronger
$2.2B
$3.5B
Stockholders' EquityBook value
$4.8B
$3.6B
Total Assets
$98.4B
$11.1B
Debt / EquityLower = less leverage
0.47×
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FG
FG
SON
SON
Q1 26
$224.5M
Q4 25
$1.5B
$378.4M
Q3 25
$2.2B
$244.9M
Q2 25
$1.9B
$329.8M
Q1 25
$3.3B
$181.8M
Q4 24
$2.3B
Q3 24
$3.5B
$1.9B
Q2 24
$3.5B
$140.2M
Total Debt
FG
FG
SON
SON
Q1 26
$3.5B
Q4 25
$2.2B
$3.8B
Q3 25
$2.2B
$3.8B
Q2 25
$2.2B
$5.0B
Q1 25
$2.2B
$5.0B
Q4 24
$2.2B
Q3 24
$2.0B
$4.3B
Q2 24
$2.0B
$2.5B
Stockholders' Equity
FG
FG
SON
SON
Q1 26
$3.6B
Q4 25
$4.8B
$3.6B
Q3 25
$4.8B
$3.3B
Q2 25
$4.4B
$3.2B
Q1 25
$4.4B
$2.4B
Q4 24
$4.0B
Q3 24
$4.3B
$2.5B
Q2 24
$3.7B
$2.4B
Total Assets
FG
FG
SON
SON
Q1 26
$11.1B
Q4 25
$98.4B
$11.2B
Q3 25
$96.1B
$11.7B
Q2 25
$91.8B
$12.0B
Q1 25
$88.0B
$12.7B
Q4 24
$85.0B
Q3 24
$84.1B
$9.0B
Q2 24
$78.5B
$7.2B
Debt / Equity
FG
FG
SON
SON
Q1 26
0.97×
Q4 25
0.47×
1.05×
Q3 25
0.46×
1.15×
Q2 25
0.50×
1.54×
Q1 25
0.51×
2.03×
Q4 24
0.55×
Q3 24
0.47×
1.74×
Q2 24
0.56×
1.04×

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
SON
SON
Operating Cash FlowLast quarter
$1.2B
Free Cash FlowOCF − Capex
$-428.3B
FCF MarginFCF / Revenue
-25554.2%
Capex IntensityCapex / Revenue
3601.4%
Cash ConversionOCF / Net Profit
9.13×
TTM Free Cash FlowTrailing 4 quarters
$-427.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FG
FG
SON
SON
Q1 26
Q4 25
$1.2B
$412.9M
Q3 25
$937.0M
$291.5M
Q2 25
$1.6B
$193.4M
Q1 25
$956.0M
$-208.1M
Q4 24
$1.3B
Q3 24
$2.1B
$162.1M
Q2 24
$1.1B
$109.3M
Free Cash Flow
FG
FG
SON
SON
Q1 26
$-428.3B
Q4 25
$322.3M
Q3 25
$225.6M
Q2 25
$98.6M
Q1 25
$-300.8M
Q4 24
Q3 24
$70.5M
Q2 24
$16.0M
FCF Margin
FG
FG
SON
SON
Q1 26
-25554.2%
Q4 25
18.2%
Q3 25
10.6%
Q2 25
5.2%
Q1 25
-17.6%
Q4 24
Q3 24
4.2%
Q2 24
1.0%
Capex Intensity
FG
FG
SON
SON
Q1 26
3601.4%
Q4 25
5.1%
Q3 25
3.1%
Q2 25
5.0%
Q1 25
5.4%
Q4 24
Q3 24
5.5%
Q2 24
5.7%
Cash Conversion
FG
FG
SON
SON
Q1 26
Q4 25
9.13×
1.24×
Q3 25
7.94×
2.37×
Q2 25
40.50×
0.39×
Q1 25
-3.82×
Q4 24
4.04×
Q3 24
3.18×
Q2 24
5.20×
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FG
FG

Segment breakdown not available.

SON
SON

Consumer Packaging$1.1B65%
Industrial Paper Packaging$579.4M35%
All Other$55.1M3%

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