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Side-by-side financial comparison of Advantage Solutions Inc. (ADV) and NATIONAL FUEL GAS CO (NFG). Click either name above to swap in a different company.

Advantage Solutions Inc. is the larger business by last-quarter revenue ($932.1M vs $425.9M, roughly 2.2× NATIONAL FUEL GAS CO). NATIONAL FUEL GAS CO runs the higher net margin — 35.7% vs -17.4%, a 53.0% gap on every dollar of revenue. On growth, Advantage Solutions Inc. posted the faster year-over-year revenue change (4.5% vs 1.7%). Over the past eight quarters, NATIONAL FUEL GAS CO's revenue compounded faster (12.1% CAGR vs 4.0%).

LexisNexis Risk Solutions is a global data and analytics company that provides data and technology services, analytics, predictive insights, and fraud prevention for a wide range of industries. It is headquartered in Alpharetta, Georgia, and has offices throughout the U.S. and in Australia, Brazil, China, France, Hong Kong, India, Ireland, Israel, the Philippines, and the United Kingdom.

National Fuel Gas Company is a diversified energy company with $6.2 billion in assets distributed among the following five operating segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. National Fuel Gas was incorporated in 1902 and is based in Williamsville, New York.

ADV vs NFG — Head-to-Head

Bigger by revenue
ADV
ADV
2.2× larger
ADV
$932.1M
$425.9M
NFG
Growing faster (revenue YoY)
ADV
ADV
+2.7% gap
ADV
4.5%
1.7%
NFG
Higher net margin
NFG
NFG
53.0% more per $
NFG
35.7%
-17.4%
ADV
Faster 2-yr revenue CAGR
NFG
NFG
Annualised
NFG
12.1%
4.0%
ADV

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ADV
ADV
NFG
NFG
Revenue
$932.1M
$425.9M
Net Profit
$-161.7M
$152.0M
Gross Margin
Operating Margin
-17.4%
81.5%
Net Margin
-17.4%
35.7%
Revenue YoY
4.5%
1.7%
Net Profit YoY
9.2%
EPS (diluted)
$1.59

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
ADV
ADV
NFG
NFG
Q1 26
$425.9M
Q4 25
$932.1M
$637.9M
Q3 25
$915.0M
$443.1M
Q2 25
$873.7M
$527.4M
Q1 25
$821.8M
$734.8M
Q4 24
$892.3M
$513.8M
Q3 24
$939.3M
$310.0M
Q2 24
$873.4M
$338.6M
Net Profit
ADV
ADV
NFG
NFG
Q1 26
$152.0M
Q4 25
$-161.7M
$181.6M
Q3 25
$20.6M
$107.3M
Q2 25
$-30.4M
$149.8M
Q1 25
$-56.1M
$216.4M
Q4 24
$-178.0M
$45.0M
Q3 24
$-42.8M
$-167.6M
Q2 24
$-100.8M
$-54.2M
Gross Margin
ADV
ADV
NFG
NFG
Q1 26
Q4 25
86.6%
Q3 25
Q2 25
94.7%
Q1 25
81.6%
Q4 24
87.3%
Q3 24
Q2 24
98.5%
Operating Margin
ADV
ADV
NFG
NFG
Q1 26
81.5%
Q4 25
-17.4%
43.3%
Q3 25
4.4%
40.6%
Q2 25
1.1%
43.7%
Q1 25
-1.8%
43.2%
Q4 24
-19.1%
16.8%
Q3 24
-0.3%
-63.4%
Q2 24
-10.4%
-15.2%
Net Margin
ADV
ADV
NFG
NFG
Q1 26
35.7%
Q4 25
-17.4%
28.5%
Q3 25
2.2%
24.2%
Q2 25
-3.5%
28.4%
Q1 25
-6.8%
29.4%
Q4 24
-20.0%
8.8%
Q3 24
-4.6%
-54.1%
Q2 24
-11.5%
-16.0%
EPS (diluted)
ADV
ADV
NFG
NFG
Q1 26
$1.59
Q4 25
$1.98
Q3 25
$1.18
Q2 25
$1.64
Q1 25
$2.37
Q4 24
$0.49
Q3 24
$-0.13
$-1.81
Q2 24
$-0.31
$-0.59

Balance Sheet & Financial Strength

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

Metric
ADV
ADV
NFG
NFG
Cash + ST InvestmentsLiquidity on hand
$240.8M
Total DebtLower is stronger
$1.7B
$300.0M
Stockholders' EquityBook value
$554.0M
Total Assets
$2.8B
$9.1B
Debt / EquityLower = less leverage
3.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADV
ADV
NFG
NFG
Q1 26
Q4 25
$240.8M
$271.4M
Q3 25
$201.1M
$43.2M
Q2 25
$102.9M
$39.3M
Q1 25
$121.1M
$40.0M
Q4 24
$205.2M
$48.7M
Q3 24
$196.1M
$38.2M
Q2 24
$154.0M
$81.4M
Total Debt
ADV
ADV
NFG
NFG
Q1 26
$300.0M
Q4 25
$1.7B
$2.7B
Q3 25
$2.7B
Q2 25
$2.7B
Q1 25
$2.7B
Q4 24
$1.7B
$2.7B
Q3 24
$2.7B
Q2 24
$2.7B
Stockholders' Equity
ADV
ADV
NFG
NFG
Q1 26
Q4 25
$554.0M
$3.6B
Q3 25
$708.5M
$3.1B
Q2 25
$683.6M
$3.0B
Q1 25
$695.6M
$2.8B
Q4 24
$748.7M
$-76.2M
Q3 24
$932.5M
$-15.5M
Q2 24
$973.7M
$5.0M
Total Assets
ADV
ADV
NFG
NFG
Q1 26
$9.1B
Q4 25
$2.8B
$9.2B
Q3 25
$3.0B
$8.7B
Q2 25
$3.0B
$8.4B
Q1 25
$3.0B
$8.5B
Q4 24
$3.1B
$8.3B
Q3 24
$3.4B
$8.3B
Q2 24
$3.5B
$8.5B
Debt / Equity
ADV
ADV
NFG
NFG
Q1 26
Q4 25
3.05×
0.75×
Q3 25
0.87×
Q2 25
0.90×
Q1 25
0.99×
Q4 24
2.30×
Q3 24
Q2 24
532.10×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADV
ADV
NFG
NFG
Operating Cash FlowLast quarter
$45.6M
$657.3M
Free Cash FlowOCF − Capex
$23.4M
FCF MarginFCF / Revenue
2.5%
Capex IntensityCapex / Revenue
2.4%
117.0%
Cash ConversionOCF / Net Profit
4.32×
TTM Free Cash FlowTrailing 4 quarters
$10.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADV
ADV
NFG
NFG
Q1 26
$657.3M
Q4 25
$45.6M
$274.9M
Q3 25
$63.6M
$237.8M
Q2 25
$-8.1M
$388.4M
Q1 25
$-39.6M
$253.8M
Q4 24
$15.1M
$220.1M
Q3 24
$34.0M
$197.9M
Q2 24
$53.4M
$281.8M
Free Cash Flow
ADV
ADV
NFG
NFG
Q1 26
Q4 25
$23.4M
$-2.7M
Q3 25
$52.2M
$-47.8M
Q2 25
$-10.2M
$195.3M
Q1 25
$-54.7M
$59.9M
Q4 24
$-27.4M
$-20.3M
Q3 24
$8.6M
$-49.1M
Q2 24
$43.8M
$79.5M
FCF Margin
ADV
ADV
NFG
NFG
Q1 26
Q4 25
2.5%
-0.4%
Q3 25
5.7%
-10.8%
Q2 25
-1.2%
37.0%
Q1 25
-6.7%
8.2%
Q4 24
-3.1%
-4.0%
Q3 24
0.9%
-15.8%
Q2 24
5.0%
23.5%
Capex Intensity
ADV
ADV
NFG
NFG
Q1 26
117.0%
Q4 25
2.4%
43.5%
Q3 25
1.3%
64.4%
Q2 25
0.2%
36.6%
Q1 25
1.8%
26.4%
Q4 24
4.8%
46.8%
Q3 24
2.7%
79.7%
Q2 24
1.1%
59.7%
Cash Conversion
ADV
ADV
NFG
NFG
Q1 26
4.32×
Q4 25
1.51×
Q3 25
3.09×
2.21×
Q2 25
2.59×
Q1 25
1.17×
Q4 24
4.89×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ADV
ADV

Experiential Services$395.9M42%
Branded Services$289.8M31%
Retailer Services$246.5M26%

NFG
NFG

Revenues from External Customers$425.8M100%
Intersegment Revenues$126.0K0%

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