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

XPO, Inc. 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 4.8%, a 2.4% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs 7.3%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% CAGR vs 0.4%).

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.

XPO, Inc., formerly XPO Logistics, is an American transportation company that conducts less-than-truckload shipping in North America. The company has headquarters in Greenwich, Connecticut, and has 592 locations globally. XPO is the second largest provider of less-than-truckload (LTL) services in North America, operating in 99 percent of all U.S. postal codes.

FG vs XPO — Head-to-Head

Bigger by revenue
XPO
XPO
1.2× larger
XPO
$2.1B
$1.8B
FG
Growing faster (revenue YoY)
FG
FG
+5.9% gap
FG
13.2%
7.3%
XPO
Higher net margin
FG
FG
2.4% more per $
FG
7.3%
4.8%
XPO
Faster 2-yr revenue CAGR
FG
FG
Annualised
FG
6.1%
0.4%
XPO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FG
FG
XPO
XPO
Revenue
$1.8B
$2.1B
Net Profit
$128.0M
$101.0M
Gross Margin
Operating Margin
8.3%
Net Margin
7.3%
4.8%
Revenue YoY
13.2%
7.3%
Net Profit YoY
-60.9%
46.4%
EPS (diluted)
$0.97
$0.85

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
XPO
XPO
Q1 26
$2.1B
Q4 25
$1.8B
$2.0B
Q3 25
$1.7B
$2.1B
Q2 25
$1.4B
$2.1B
Q1 25
$908.0M
$2.0B
Q4 24
$1.6B
$1.9B
Q3 24
$1.4B
$2.1B
Q2 24
$1.2B
$2.1B
Net Profit
FG
FG
XPO
XPO
Q1 26
$101.0M
Q4 25
$128.0M
$59.0M
Q3 25
$118.0M
$82.0M
Q2 25
$40.0M
$106.0M
Q1 25
$-21.0M
$69.0M
Q4 24
$327.0M
$75.0M
Q3 24
$-6.0M
$95.0M
Q2 24
$203.0M
$150.0M
Operating Margin
FG
FG
XPO
XPO
Q1 26
8.3%
Q4 25
7.1%
Q3 25
7.8%
Q2 25
9.5%
Q1 25
7.7%
Q4 24
7.8%
Q3 24
8.6%
Q2 24
9.5%
Net Margin
FG
FG
XPO
XPO
Q1 26
4.8%
Q4 25
7.3%
2.9%
Q3 25
7.0%
3.9%
Q2 25
2.9%
5.1%
Q1 25
-2.3%
3.5%
Q4 24
21.0%
3.9%
Q3 24
-0.4%
4.6%
Q2 24
17.3%
7.2%
EPS (diluted)
FG
FG
XPO
XPO
Q1 26
$0.85
Q4 25
$0.97
$0.49
Q3 25
$0.85
$0.68
Q2 25
$0.26
$0.89
Q1 25
$-0.20
$0.58
Q4 24
$2.53
$0.63
Q3 24
$-0.08
$0.79
Q2 24
$1.55
$1.25

Balance Sheet & Financial Strength

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

Metric
FG
FG
XPO
XPO
Cash + ST InvestmentsLiquidity on hand
$1.5B
$237.0M
Total DebtLower is stronger
$2.2B
$3.3B
Stockholders' EquityBook value
$4.8B
$1.9B
Total Assets
$98.4B
$8.2B
Debt / EquityLower = less leverage
0.47×
1.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FG
FG
XPO
XPO
Q1 26
$237.0M
Q4 25
$1.5B
$310.0M
Q3 25
$2.2B
$335.0M
Q2 25
$1.9B
$225.0M
Q1 25
$3.3B
$212.0M
Q4 24
$2.3B
$246.0M
Q3 24
$3.5B
$378.0M
Q2 24
$3.5B
$250.0M
Total Debt
FG
FG
XPO
XPO
Q1 26
$3.3B
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
XPO
XPO
Q1 26
$1.9B
Q4 25
$4.8B
$1.9B
Q3 25
$4.8B
$1.8B
Q2 25
$4.4B
$1.8B
Q1 25
$4.4B
$1.6B
Q4 24
$4.0B
$1.6B
Q3 24
$4.3B
$1.6B
Q2 24
$3.7B
$1.5B
Total Assets
FG
FG
XPO
XPO
Q1 26
$8.2B
Q4 25
$98.4B
$8.2B
Q3 25
$96.1B
$8.2B
Q2 25
$91.8B
$8.1B
Q1 25
$88.0B
$7.9B
Q4 24
$85.0B
$7.7B
Q3 24
$84.1B
$7.9B
Q2 24
$78.5B
$7.7B
Debt / Equity
FG
FG
XPO
XPO
Q1 26
1.77×
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
XPO
XPO
Operating Cash FlowLast quarter
$1.2B
$183.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
9.13×
1.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FG
FG
XPO
XPO
Q1 26
$183.0M
Q4 25
$1.2B
Q3 25
$937.0M
$371.0M
Q2 25
$1.6B
$247.0M
Q1 25
$956.0M
$142.0M
Q4 24
$1.3B
$189.0M
Q3 24
$2.1B
$264.0M
Q2 24
$1.1B
$210.0M
Free Cash Flow
FG
FG
XPO
XPO
Q1 26
Q4 25
Q3 25
$215.0M
Q2 25
$51.0M
Q1 25
$-57.0M
Q4 24
$23.0M
Q3 24
$137.0M
Q2 24
$20.0M
FCF Margin
FG
FG
XPO
XPO
Q1 26
Q4 25
Q3 25
10.2%
Q2 25
2.5%
Q1 25
-2.9%
Q4 24
1.2%
Q3 24
6.7%
Q2 24
1.0%
Capex Intensity
FG
FG
XPO
XPO
Q1 26
Q4 25
5.3%
Q3 25
7.4%
Q2 25
9.4%
Q1 25
10.2%
Q4 24
8.6%
Q3 24
6.2%
Q2 24
9.1%
Cash Conversion
FG
FG
XPO
XPO
Q1 26
1.81×
Q4 25
9.13×
Q3 25
7.94×
4.52×
Q2 25
40.50×
2.33×
Q1 25
2.06×
Q4 24
4.04×
2.52×
Q3 24
2.78×
Q2 24
5.20×
1.40×

Financial Flow Comparison

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

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