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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and NATIONAL FUEL GAS CO (NFG). Click either name above to swap in a different company.

Atour Lifestyle Holdings Ltd is the larger business by last-quarter revenue ($789.6M vs $425.9M, roughly 1.9× NATIONAL FUEL GAS CO). NATIONAL FUEL GAS CO runs the higher net margin — 35.7% vs 17.6%, a 18.1% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs 1.7%).

Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.

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.

ATAT vs NFG — Head-to-Head

Bigger by revenue
ATAT
ATAT
1.9× larger
ATAT
$789.6M
$425.9M
NFG
Growing faster (revenue YoY)
ATAT
ATAT
+250.8% gap
ATAT
252.5%
1.7%
NFG
Higher net margin
NFG
NFG
18.1% more per $
NFG
35.7%
17.6%
ATAT

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
ATAT
ATAT
NFG
NFG
Revenue
$789.6M
$425.9M
Net Profit
$139.1M
$152.0M
Gross Margin
Operating Margin
22.5%
81.5%
Net Margin
17.6%
35.7%
Revenue YoY
252.5%
1.7%
Net Profit YoY
322.2%
EPS (diluted)
$0.33
$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
ATAT
ATAT
NFG
NFG
Q1 26
$425.9M
Q4 25
$637.9M
Q3 25
$789.6M
$443.1M
Q2 25
$527.4M
Q1 25
$734.8M
Q4 24
$513.8M
Q3 24
$224.0M
$310.0M
Q2 24
$338.6M
Net Profit
ATAT
ATAT
NFG
NFG
Q1 26
$152.0M
Q4 25
$181.6M
Q3 25
$139.1M
$107.3M
Q2 25
$149.8M
Q1 25
$216.4M
Q4 24
$45.0M
Q3 24
$33.0M
$-167.6M
Q2 24
$-54.2M
Gross Margin
ATAT
ATAT
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
ATAT
ATAT
NFG
NFG
Q1 26
81.5%
Q4 25
43.3%
Q3 25
22.5%
40.6%
Q2 25
43.7%
Q1 25
43.2%
Q4 24
16.8%
Q3 24
14.7%
-63.4%
Q2 24
-15.2%
Net Margin
ATAT
ATAT
NFG
NFG
Q1 26
35.7%
Q4 25
28.5%
Q3 25
17.6%
24.2%
Q2 25
28.4%
Q1 25
29.4%
Q4 24
8.8%
Q3 24
14.7%
-54.1%
Q2 24
-16.0%
EPS (diluted)
ATAT
ATAT
NFG
NFG
Q1 26
$1.59
Q4 25
$1.98
Q3 25
$0.33
$1.18
Q2 25
$1.64
Q1 25
$2.37
Q4 24
$0.49
Q3 24
$0.08
$-1.81
Q2 24
$-0.59

Balance Sheet & Financial Strength

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

Metric
ATAT
ATAT
NFG
NFG
Cash + ST InvestmentsLiquidity on hand
$669.2M
Total DebtLower is stronger
$300.0M
Stockholders' EquityBook value
$405.0M
Total Assets
$1.1B
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAT
ATAT
NFG
NFG
Q1 26
Q4 25
$271.4M
Q3 25
$669.2M
$43.2M
Q2 25
$39.3M
Q1 25
$40.0M
Q4 24
$48.7M
Q3 24
$506.0M
$38.2M
Q2 24
$81.4M
Total Debt
ATAT
ATAT
NFG
NFG
Q1 26
$300.0M
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.7B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.7B
Q2 24
$2.7B
Stockholders' Equity
ATAT
ATAT
NFG
NFG
Q1 26
Q4 25
$3.6B
Q3 25
$405.0M
$3.1B
Q2 25
$3.0B
Q1 25
$2.8B
Q4 24
$-76.2M
Q3 24
$291.3M
$-15.5M
Q2 24
$5.0M
Total Assets
ATAT
ATAT
NFG
NFG
Q1 26
$9.1B
Q4 25
$9.2B
Q3 25
$1.1B
$8.7B
Q2 25
$8.4B
Q1 25
$8.5B
Q4 24
$8.3B
Q3 24
$927.8M
$8.3B
Q2 24
$8.5B
Debt / Equity
ATAT
ATAT
NFG
NFG
Q1 26
Q4 25
0.75×
Q3 25
0.87×
Q2 25
0.90×
Q1 25
0.99×
Q4 24
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
ATAT
ATAT
NFG
NFG
Operating Cash FlowLast quarter
$216.6M
$657.3M
Free Cash FlowOCF − Capex
$210.7M
FCF MarginFCF / Revenue
26.7%
Capex IntensityCapex / Revenue
0.8%
117.0%
Cash ConversionOCF / Net Profit
1.56×
4.32×
TTM Free Cash FlowTrailing 4 quarters
$359.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAT
ATAT
NFG
NFG
Q1 26
$657.3M
Q4 25
$274.9M
Q3 25
$216.6M
$237.8M
Q2 25
$388.4M
Q1 25
$253.8M
Q4 24
$220.1M
Q3 24
$84.8M
$197.9M
Q2 24
$281.8M
Free Cash Flow
ATAT
ATAT
NFG
NFG
Q1 26
Q4 25
$-2.7M
Q3 25
$210.7M
$-47.8M
Q2 25
$195.3M
Q1 25
$59.9M
Q4 24
$-20.3M
Q3 24
$83.3M
$-49.1M
Q2 24
$79.5M
FCF Margin
ATAT
ATAT
NFG
NFG
Q1 26
Q4 25
-0.4%
Q3 25
26.7%
-10.8%
Q2 25
37.0%
Q1 25
8.2%
Q4 24
-4.0%
Q3 24
37.2%
-15.8%
Q2 24
23.5%
Capex Intensity
ATAT
ATAT
NFG
NFG
Q1 26
117.0%
Q4 25
43.5%
Q3 25
0.8%
64.4%
Q2 25
36.6%
Q1 25
26.4%
Q4 24
46.8%
Q3 24
0.7%
79.7%
Q2 24
59.7%
Cash Conversion
ATAT
ATAT
NFG
NFG
Q1 26
4.32×
Q4 25
1.51×
Q3 25
1.56×
2.21×
Q2 25
2.59×
Q1 25
1.17×
Q4 24
4.89×
Q3 24
2.57×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ATAT
ATAT

Segment breakdown not available.

NFG
NFG

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

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