vs

Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and DENTSPLY SIRONA Inc. (XRAY). 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 $961.0M, roughly 1.8× DENTSPLY SIRONA Inc.). F&G Annuities & Life, Inc. runs the higher net margin — 7.3% vs -15.2%, a 22.4% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs 6.2%). 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.

Dentsply Sirona Inc. is an American dental equipment manufacturer and dental consumables producer that markets its products in over 120 countries. It has factories in 21 countries. The present company is largely the result of a merger in 1993 in which Gendex Corporation acquired Dentsply International Inc. for $590 million.

FG vs XRAY — Head-to-Head

Bigger by revenue
FG
FG
1.8× larger
FG
$1.8B
$961.0M
XRAY
Growing faster (revenue YoY)
FG
FG
+7.0% gap
FG
13.2%
6.2%
XRAY
Higher net margin
FG
FG
22.4% more per $
FG
7.3%
-15.2%
XRAY
Faster 2-yr revenue CAGR
FG
FG
Annualised
FG
6.1%
0.4%
XRAY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FG
FG
XRAY
XRAY
Revenue
$1.8B
$961.0M
Net Profit
$128.0M
$-146.0M
Gross Margin
46.1%
Operating Margin
-14.5%
Net Margin
7.3%
-15.2%
Revenue YoY
13.2%
6.2%
Net Profit YoY
-60.9%
66.0%
EPS (diluted)
$0.97
$-0.74

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
XRAY
XRAY
Q4 25
$1.8B
$961.0M
Q3 25
$1.7B
$904.0M
Q2 25
$1.4B
$936.0M
Q1 25
$908.0M
$879.0M
Q4 24
$1.6B
$905.0M
Q3 24
$1.4B
$951.0M
Q2 24
$1.2B
$984.0M
Q1 24
$1.6B
$953.0M
Net Profit
FG
FG
XRAY
XRAY
Q4 25
$128.0M
$-146.0M
Q3 25
$118.0M
$-427.0M
Q2 25
$40.0M
$-45.0M
Q1 25
$-21.0M
$20.0M
Q4 24
$327.0M
$-430.0M
Q3 24
$-6.0M
$-494.0M
Q2 24
$203.0M
$-4.0M
Q1 24
$115.0M
$18.0M
Gross Margin
FG
FG
XRAY
XRAY
Q4 25
46.1%
Q3 25
48.8%
Q2 25
52.4%
Q1 25
53.0%
Q4 24
49.3%
Q3 24
52.1%
Q2 24
51.9%
Q1 24
53.1%
Operating Margin
FG
FG
XRAY
XRAY
Q4 25
-14.5%
Q3 25
-24.1%
Q2 25
-13.7%
Q1 25
7.2%
Q4 24
-56.2%
Q3 24
-48.6%
Q2 24
5.1%
Q1 24
4.4%
Net Margin
FG
FG
XRAY
XRAY
Q4 25
7.3%
-15.2%
Q3 25
7.0%
-47.2%
Q2 25
2.9%
-4.8%
Q1 25
-2.3%
2.3%
Q4 24
21.0%
-47.5%
Q3 24
-0.4%
-51.9%
Q2 24
17.3%
-0.4%
Q1 24
7.3%
1.9%
EPS (diluted)
FG
FG
XRAY
XRAY
Q4 25
$0.97
$-0.74
Q3 25
$0.85
$-2.14
Q2 25
$0.26
$-0.22
Q1 25
$-0.20
$0.10
Q4 24
$2.53
$-2.09
Q3 24
$-0.08
$-2.46
Q2 24
$1.55
$-0.02
Q1 24
$0.88
$0.09

Balance Sheet & Financial Strength

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

Metric
FG
FG
XRAY
XRAY
Cash + ST InvestmentsLiquidity on hand
$1.5B
$326.0M
Total DebtLower is stronger
$2.2B
$2.3B
Stockholders' EquityBook value
$4.8B
$1.3B
Total Assets
$98.4B
$5.4B
Debt / EquityLower = less leverage
0.47×
1.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FG
FG
XRAY
XRAY
Q4 25
$1.5B
$326.0M
Q3 25
$2.2B
$363.0M
Q2 25
$1.9B
$359.0M
Q1 25
$3.3B
$398.0M
Q4 24
$2.3B
$272.0M
Q3 24
$3.5B
$296.0M
Q2 24
$3.5B
$279.0M
Q1 24
$2.4B
$291.0M
Total Debt
FG
FG
XRAY
XRAY
Q4 25
$2.2B
$2.3B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
$1.7B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$1.7B
Stockholders' Equity
FG
FG
XRAY
XRAY
Q4 25
$4.8B
$1.3B
Q3 25
$4.8B
$1.5B
Q2 25
$4.4B
$2.0B
Q1 25
$4.4B
$2.0B
Q4 24
$4.0B
$1.9B
Q3 24
$4.3B
$2.5B
Q2 24
$3.7B
$3.1B
Q1 24
$3.5B
$3.3B
Total Assets
FG
FG
XRAY
XRAY
Q4 25
$98.4B
$5.4B
Q3 25
$96.1B
$5.7B
Q2 25
$91.8B
$6.1B
Q1 25
$88.0B
$6.0B
Q4 24
$85.0B
$5.8B
Q3 24
$84.1B
$6.6B
Q2 24
$78.5B
$6.9B
Q1 24
$74.4B
$7.1B
Debt / Equity
FG
FG
XRAY
XRAY
Q4 25
0.47×
1.70×
Q3 25
0.46×
Q2 25
0.50×
Q1 25
0.51×
Q4 24
0.55×
0.90×
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
XRAY
XRAY
Operating Cash FlowLast quarter
$1.2B
$101.0M
Free Cash FlowOCF − Capex
$60.0M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
9.13×
TTM Free Cash FlowTrailing 4 quarters
$104.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FG
FG
XRAY
XRAY
Q4 25
$1.2B
$101.0M
Q3 25
$937.0M
$79.0M
Q2 25
$1.6B
$48.0M
Q1 25
$956.0M
$7.0M
Q4 24
$1.3B
$87.0M
Q3 24
$2.1B
$141.0M
Q2 24
$1.1B
$208.0M
Q1 24
$1.5B
$25.0M
Free Cash Flow
FG
FG
XRAY
XRAY
Q4 25
$60.0M
Q3 25
$40.0M
Q2 25
$16.0M
Q1 25
$-12.0M
Q4 24
$36.0M
Q3 24
$98.0M
Q2 24
$156.0M
Q1 24
$-9.0M
FCF Margin
FG
FG
XRAY
XRAY
Q4 25
6.2%
Q3 25
4.4%
Q2 25
1.7%
Q1 25
-1.4%
Q4 24
4.0%
Q3 24
10.3%
Q2 24
15.9%
Q1 24
-0.9%
Capex Intensity
FG
FG
XRAY
XRAY
Q4 25
4.3%
Q3 25
4.3%
Q2 25
3.4%
Q1 25
2.2%
Q4 24
5.6%
Q3 24
4.5%
Q2 24
5.3%
Q1 24
3.6%
Cash Conversion
FG
FG
XRAY
XRAY
Q4 25
9.13×
Q3 25
7.94×
Q2 25
40.50×
Q1 25
0.35×
Q4 24
4.04×
Q3 24
Q2 24
5.20×
Q1 24
13.34×
1.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FG
FG

Segment breakdown not available.

XRAY
XRAY

Essential Dental Solutions$372.0M39%
Equipment And Instruments$160.0M17%
Implants And Prosthetics$150.0M16%
CADCAM$139.0M14%
Wellspect Healthcare$88.0M9%
Orthodontics$52.0M5%

Related Comparisons