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Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and Texas Roadhouse, Inc. (TXRH). 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 $1.6B, roughly 1.1× Texas Roadhouse, Inc.). Texas Roadhouse, Inc. runs the higher net margin — 7.6% vs 7.3%, a 0.3% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs 12.8%). Over the past eight quarters, Texas Roadhouse, Inc.'s revenue compounded faster (11.2% 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.

Texas Roadhouse is an American steakhouse chain that specializes in steaks in a Texan and Southwestern cuisine style. It is a subsidiary of Texas Roadhouse Inc, which has two other concepts and is headquartered in Louisville, Kentucky. As of August 2025, the chain operates about 800 locations in 49 U.S. states and 70 international locations in 11 countries.

FG vs TXRH — Head-to-Head

Bigger by revenue
FG
FG
1.1× larger
FG
$1.8B
$1.6B
TXRH
Growing faster (revenue YoY)
FG
FG
+0.4% gap
FG
13.2%
12.8%
TXRH
Higher net margin
TXRH
TXRH
0.3% more per $
TXRH
7.6%
7.3%
FG
Faster 2-yr revenue CAGR
TXRH
TXRH
Annualised
TXRH
11.2%
6.1%
FG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FG
FG
TXRH
TXRH
Revenue
$1.8B
$1.6B
Net Profit
$128.0M
$123.4M
Gross Margin
Operating Margin
9.0%
Net Margin
7.3%
7.6%
Revenue YoY
13.2%
12.8%
Net Profit YoY
-60.9%
8.6%
EPS (diluted)
$0.97
$1.87

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
TXRH
TXRH
Q1 26
$1.6B
Q4 25
$1.8B
$1.5B
Q3 25
$1.7B
$1.4B
Q2 25
$1.4B
$1.4B
Q1 25
$908.0M
Q4 24
$1.6B
$1.4B
Q3 24
$1.4B
$1.3B
Q2 24
$1.2B
$1.3B
Net Profit
FG
FG
TXRH
TXRH
Q1 26
$123.4M
Q4 25
$128.0M
$86.7M
Q3 25
$118.0M
$84.9M
Q2 25
$40.0M
$116.1M
Q1 25
$-21.0M
Q4 24
$327.0M
$118.5M
Q3 24
$-6.0M
$86.8M
Q2 24
$203.0M
$123.1M
Operating Margin
FG
FG
TXRH
TXRH
Q1 26
9.0%
Q4 25
6.5%
Q3 25
6.7%
Q2 25
9.3%
Q1 25
Q4 24
9.6%
Q3 24
8.0%
Q2 24
10.6%
Net Margin
FG
FG
TXRH
TXRH
Q1 26
7.6%
Q4 25
7.3%
5.8%
Q3 25
7.0%
5.9%
Q2 25
2.9%
8.0%
Q1 25
-2.3%
Q4 24
21.0%
8.2%
Q3 24
-0.4%
6.8%
Q2 24
17.3%
9.2%
EPS (diluted)
FG
FG
TXRH
TXRH
Q1 26
$1.87
Q4 25
$0.97
$1.29
Q3 25
$0.85
$1.25
Q2 25
$0.26
$1.70
Q1 25
$-0.20
Q4 24
$2.53
$1.73
Q3 24
$-0.08
$1.26
Q2 24
$1.55
$1.79

Balance Sheet & Financial Strength

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

Metric
FG
FG
TXRH
TXRH
Cash + ST InvestmentsLiquidity on hand
$1.5B
$214.6M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$4.8B
Total Assets
$98.4B
$3.6B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FG
FG
TXRH
TXRH
Q1 26
$214.6M
Q4 25
$1.5B
$134.7M
Q3 25
$2.2B
$108.2M
Q2 25
$1.9B
$221.1M
Q1 25
$3.3B
Q4 24
$2.3B
$245.2M
Q3 24
$3.5B
$189.2M
Q2 24
$3.5B
$197.5M
Total Debt
FG
FG
TXRH
TXRH
Q1 26
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
Stockholders' Equity
FG
FG
TXRH
TXRH
Q1 26
Q4 25
$4.8B
$1.5B
Q3 25
$4.8B
$1.5B
Q2 25
$4.4B
$1.4B
Q1 25
$4.4B
Q4 24
$4.0B
$1.4B
Q3 24
$4.3B
$1.3B
Q2 24
$3.7B
$1.3B
Total Assets
FG
FG
TXRH
TXRH
Q1 26
$3.6B
Q4 25
$98.4B
$3.5B
Q3 25
$96.1B
$3.3B
Q2 25
$91.8B
$3.2B
Q1 25
$88.0B
Q4 24
$85.0B
$3.2B
Q3 24
$84.1B
$2.9B
Q2 24
$78.5B
$2.9B
Debt / Equity
FG
FG
TXRH
TXRH
Q1 26
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×

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
TXRH
TXRH
Operating Cash FlowLast quarter
$1.2B
$259.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
9.13×
2.10×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FG
FG
TXRH
TXRH
Q1 26
$259.1M
Q4 25
$1.2B
Q3 25
$937.0M
$143.6M
Q2 25
$1.6B
$237.7M
Q1 25
$956.0M
Q4 24
$1.3B
$237.5M
Q3 24
$2.1B
$138.7M
Q2 24
$1.1B
$133.9M
Free Cash Flow
FG
FG
TXRH
TXRH
Q1 26
Q4 25
Q3 25
$14.7M
Q2 25
$160.4M
Q1 25
Q4 24
$129.7M
Q3 24
$47.7M
Q2 24
$56.1M
FCF Margin
FG
FG
TXRH
TXRH
Q1 26
Q4 25
Q3 25
1.0%
Q2 25
11.1%
Q1 25
Q4 24
9.0%
Q3 24
3.7%
Q2 24
4.2%
Capex Intensity
FG
FG
TXRH
TXRH
Q1 26
4.9%
Q4 25
Q3 25
9.0%
Q2 25
5.3%
Q1 25
Q4 24
7.5%
Q3 24
7.2%
Q2 24
5.8%
Cash Conversion
FG
FG
TXRH
TXRH
Q1 26
2.10×
Q4 25
9.13×
Q3 25
7.94×
1.69×
Q2 25
40.50×
2.05×
Q1 25
Q4 24
4.04×
2.00×
Q3 24
1.60×
Q2 24
5.20×
1.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FG
FG

Segment breakdown not available.

TXRH
TXRH

Restaurant and other sales$1.6B100%
Royalties and franchise fees$6.5M0%

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