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Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and Zoetis (ZTS). Click either name above to swap in a different company.
Zoetis is the larger business by last-quarter revenue ($2.4B vs $1.8B, roughly 1.4× F&G Annuities & Life, Inc.). Zoetis runs the higher net margin — 25.3% vs 7.3%, a 18.0% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs 3.0%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% CAGR vs 4.4%).
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.
Zoetis Inc. (/zō-EH-tis/) is an American drug company, the world's largest producer of medicine and vaccinations for pets and livestock. The company was a subsidiary of Pfizer, the world's largest drug maker, but with Pfizer's spinoff of its 83% interest in the firm it is now a completely independent company. The company directly markets its products in approximately 45 countries, and sells them in more than 100 countries. Operations outside the United States accounted for 50% of the total re...
FG vs ZTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $2.4B |
| Net Profit | $128.0M | $603.0M |
| Gross Margin | — | 70.2% |
| Operating Margin | — | 31.9% |
| Net Margin | 7.3% | 25.3% |
| Revenue YoY | 13.2% | 3.0% |
| Net Profit YoY | -60.9% | 3.8% |
| EPS (diluted) | $0.97 | $1.37 |
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.
| Q4 25 | $1.8B | $2.4B | ||
| Q3 25 | $1.7B | $2.4B | ||
| Q2 25 | $1.4B | $2.5B | ||
| Q1 25 | $908.0M | $2.2B | ||
| Q4 24 | $1.6B | $2.3B | ||
| Q3 24 | $1.4B | $2.4B | ||
| Q2 24 | $1.2B | $2.4B | ||
| Q1 24 | $1.6B | $2.2B |
| Q4 25 | $128.0M | $603.0M | ||
| Q3 25 | $118.0M | $721.0M | ||
| Q2 25 | $40.0M | $718.0M | ||
| Q1 25 | $-21.0M | $631.0M | ||
| Q4 24 | $327.0M | $581.0M | ||
| Q3 24 | $-6.0M | $682.0M | ||
| Q2 24 | $203.0M | $624.0M | ||
| Q1 24 | $115.0M | $599.0M |
| Q4 25 | — | 70.2% | ||
| Q3 25 | — | 71.5% | ||
| Q2 25 | — | 73.6% | ||
| Q1 25 | — | 72.0% | ||
| Q4 24 | — | 69.5% | ||
| Q3 24 | — | 70.6% | ||
| Q2 24 | — | 71.7% | ||
| Q1 24 | — | 70.6% |
| Q4 25 | — | 31.9% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 36.7% | ||
| Q1 25 | — | 36.5% | ||
| Q4 24 | — | 31.6% | ||
| Q3 24 | — | 36.6% | ||
| Q2 24 | — | 33.0% | ||
| Q1 24 | — | 34.1% |
| Q4 25 | 7.3% | 25.3% | ||
| Q3 25 | 7.0% | 30.0% | ||
| Q2 25 | 2.9% | 29.2% | ||
| Q1 25 | -2.3% | 28.4% | ||
| Q4 24 | 21.0% | 25.1% | ||
| Q3 24 | -0.4% | 28.6% | ||
| Q2 24 | 17.3% | 26.4% | ||
| Q1 24 | 7.3% | 27.4% |
| Q4 25 | $0.97 | $1.37 | ||
| Q3 25 | $0.85 | $1.63 | ||
| Q2 25 | $0.26 | $1.61 | ||
| Q1 25 | $-0.20 | $1.41 | ||
| Q4 24 | $2.53 | $1.29 | ||
| Q3 24 | $-0.08 | $1.50 | ||
| Q2 24 | $1.55 | $1.37 | ||
| Q1 24 | $0.88 | $1.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5B | — |
| Total DebtLower is stronger | $2.2B | — |
| Stockholders' EquityBook value | $4.8B | $3.3B |
| Total Assets | $98.4B | $15.5B |
| Debt / EquityLower = less leverage | 0.47× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | — | ||
| Q3 25 | $2.2B | $2.1B | ||
| Q2 25 | $1.9B | $1.4B | ||
| Q1 25 | $3.3B | $1.7B | ||
| Q4 24 | $2.3B | $2.0B | ||
| Q3 24 | $3.5B | $1.7B | ||
| Q2 24 | $3.5B | $1.6B | ||
| Q1 24 | $2.4B | $2.0B |
| 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 | — | ||
| Q1 24 | $1.7B | — |
| Q4 25 | $4.8B | $3.3B | ||
| Q3 25 | $4.8B | $5.4B | ||
| Q2 25 | $4.4B | $5.0B | ||
| Q1 25 | $4.4B | $4.7B | ||
| Q4 24 | $4.0B | $4.8B | ||
| Q3 24 | $4.3B | $5.2B | ||
| Q2 24 | $3.7B | $5.0B | ||
| Q1 24 | $3.5B | $5.1B |
| Q4 25 | $98.4B | $15.5B | ||
| Q3 25 | $96.1B | $15.2B | ||
| Q2 25 | $91.8B | $14.5B | ||
| Q1 25 | $88.0B | $14.1B | ||
| Q4 24 | $85.0B | $14.2B | ||
| Q3 24 | $84.1B | $14.4B | ||
| Q2 24 | $78.5B | $14.2B | ||
| Q1 24 | $74.4B | $14.3B |
| 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× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.2B | $893.0M |
| Free Cash FlowOCF − Capex | — | $732.0M |
| FCF MarginFCF / Revenue | — | 30.7% |
| Capex IntensityCapex / Revenue | — | 6.7% |
| Cash ConversionOCF / Net Profit | 9.13× | 1.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $893.0M | ||
| Q3 25 | $937.0M | $938.0M | ||
| Q2 25 | $1.6B | $486.0M | ||
| Q1 25 | $956.0M | $587.0M | ||
| Q4 24 | $1.3B | $905.0M | ||
| Q3 24 | $2.1B | $951.0M | ||
| Q2 24 | $1.1B | $502.0M | ||
| Q1 24 | $1.5B | $595.0M |
| Q4 25 | — | $732.0M | ||
| Q3 25 | — | $805.0M | ||
| Q2 25 | — | $308.0M | ||
| Q1 25 | — | $438.0M | ||
| Q4 24 | — | $689.0M | ||
| Q3 24 | — | $784.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $455.0M |
| Q4 25 | — | 30.7% | ||
| Q3 25 | — | 33.5% | ||
| Q2 25 | — | 12.5% | ||
| Q1 25 | — | 19.7% | ||
| Q4 24 | — | 29.7% | ||
| Q3 24 | — | 32.8% | ||
| Q2 24 | — | 15.7% | ||
| Q1 24 | — | 20.8% |
| Q4 25 | — | 6.7% | ||
| Q3 25 | — | 5.5% | ||
| Q2 25 | — | 7.2% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | — | 7.0% | ||
| Q2 24 | — | 5.6% | ||
| Q1 24 | — | 6.4% |
| Q4 25 | 9.13× | 1.48× | ||
| Q3 25 | 7.94× | 1.30× | ||
| Q2 25 | 40.50× | 0.68× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | 4.04× | 1.56× | ||
| Q3 24 | — | 1.39× | ||
| Q2 24 | 5.20× | 0.80× | ||
| Q1 24 | 13.34× | 0.99× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FG
Segment breakdown not available.
ZTS
| Other | $1.3B | 56% |
| Livestock | $234.0M | 10% |
| Pain Sedation | $209.0M | 9% |
| Other Pharmaceuticals | $188.0M | 8% |
| Swine | $125.0M | 5% |
| Poultry | $117.0M | 5% |
| Fish | $81.0M | 3% |
| Other Non Pharmaceuticals | $70.0M | 3% |
| Manufactured Product Other | $18.0M | 1% |
| Medicated Feed Additives | $12.0M | 1% |
