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Side-by-side financial comparison of Mission Produce, Inc. (AVO) and NATIONAL FUEL GAS CO (NFG). Click either name above to swap in a different company.

NATIONAL FUEL GAS CO is the larger business by last-quarter revenue ($425.9M vs $319.0M, roughly 1.3× Mission Produce, Inc.). NATIONAL FUEL GAS CO runs the higher net margin — 35.7% vs 5.0%, a 30.7% gap on every dollar of revenue. On growth, NATIONAL FUEL GAS CO posted the faster year-over-year revenue change (1.7% vs -10.0%). Over the past eight quarters, NATIONAL FUEL GAS CO's revenue compounded faster (12.1% CAGR vs 11.0%).

Produce Co., Ltd. was a Japanese video game company. Founded on April 6, 1990 by former Irem employees, it developed a number of games for both Enix and Hudson Soft. Produce! have created games for arcades and for the Super Nintendo Entertainment System, Nintendo 64, PlayStation, and PC Engine systems.

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.

AVO vs NFG — Head-to-Head

Bigger by revenue
NFG
NFG
1.3× larger
NFG
$425.9M
$319.0M
AVO
Growing faster (revenue YoY)
NFG
NFG
+11.7% gap
NFG
1.7%
-10.0%
AVO
Higher net margin
NFG
NFG
30.7% more per $
NFG
35.7%
5.0%
AVO
Faster 2-yr revenue CAGR
NFG
NFG
Annualised
NFG
12.1%
11.0%
AVO

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
AVO
AVO
NFG
NFG
Revenue
$319.0M
$425.9M
Net Profit
$16.0M
$152.0M
Gross Margin
17.5%
Operating Margin
8.8%
81.5%
Net Margin
5.0%
35.7%
Revenue YoY
-10.0%
1.7%
Net Profit YoY
-7.5%
EPS (diluted)
$0.23
$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
AVO
AVO
NFG
NFG
Q1 26
$425.9M
Q4 25
$319.0M
$637.9M
Q3 25
$357.7M
$443.1M
Q2 25
$380.3M
$527.4M
Q1 25
$334.2M
$734.8M
Q4 24
$354.4M
$513.8M
Q3 24
$324.0M
$310.0M
Q2 24
$297.6M
$338.6M
Net Profit
AVO
AVO
NFG
NFG
Q1 26
$152.0M
Q4 25
$16.0M
$181.6M
Q3 25
$14.7M
$107.3M
Q2 25
$3.1M
$149.8M
Q1 25
$3.9M
$216.4M
Q4 24
$17.3M
$45.0M
Q3 24
$12.4M
$-167.6M
Q2 24
$7.0M
$-54.2M
Gross Margin
AVO
AVO
NFG
NFG
Q1 26
Q4 25
17.5%
86.6%
Q3 25
12.6%
Q2 25
7.5%
94.7%
Q1 25
9.4%
81.6%
Q4 24
15.7%
87.3%
Q3 24
11.4%
Q2 24
10.4%
98.5%
Operating Margin
AVO
AVO
NFG
NFG
Q1 26
81.5%
Q4 25
8.8%
43.3%
Q3 25
5.9%
40.6%
Q2 25
1.8%
43.7%
Q1 25
2.8%
43.2%
Q4 24
8.1%
16.8%
Q3 24
5.2%
-63.4%
Q2 24
4.1%
-15.2%
Net Margin
AVO
AVO
NFG
NFG
Q1 26
35.7%
Q4 25
5.0%
28.5%
Q3 25
4.1%
24.2%
Q2 25
0.8%
28.4%
Q1 25
1.2%
29.4%
Q4 24
4.9%
8.8%
Q3 24
3.8%
-54.1%
Q2 24
2.4%
-16.0%
EPS (diluted)
AVO
AVO
NFG
NFG
Q1 26
$1.59
Q4 25
$0.23
$1.98
Q3 25
$0.21
$1.18
Q2 25
$0.04
$1.64
Q1 25
$0.05
$2.37
Q4 24
$0.25
$0.49
Q3 24
$0.17
$-1.81
Q2 24
$0.10
$-0.59

Balance Sheet & Financial Strength

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

Metric
AVO
AVO
NFG
NFG
Cash + ST InvestmentsLiquidity on hand
$64.8M
Total DebtLower is stronger
$95.8M
$300.0M
Stockholders' EquityBook value
$587.3M
Total Assets
$983.0M
$9.1B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVO
AVO
NFG
NFG
Q1 26
Q4 25
$64.8M
$271.4M
Q3 25
$43.7M
$43.2M
Q2 25
$36.7M
$39.3M
Q1 25
$40.1M
$40.0M
Q4 24
$58.0M
$48.7M
Q3 24
$49.5M
$38.2M
Q2 24
$46.2M
$81.4M
Total Debt
AVO
AVO
NFG
NFG
Q1 26
$300.0M
Q4 25
$95.8M
$2.7B
Q3 25
$131.5M
$2.7B
Q2 25
$147.2M
$2.7B
Q1 25
$117.9M
$2.7B
Q4 24
$113.7M
$2.7B
Q3 24
$134.4M
$2.7B
Q2 24
$170.2M
$2.7B
Stockholders' Equity
AVO
AVO
NFG
NFG
Q1 26
Q4 25
$587.3M
$3.6B
Q3 25
$568.7M
$3.1B
Q2 25
$552.3M
$3.0B
Q1 25
$550.8M
$2.8B
Q4 24
$547.3M
$-76.2M
Q3 24
$527.3M
$-15.5M
Q2 24
$513.3M
$5.0M
Total Assets
AVO
AVO
NFG
NFG
Q1 26
$9.1B
Q4 25
$983.0M
$9.2B
Q3 25
$1.0B
$8.7B
Q2 25
$1.0B
$8.4B
Q1 25
$997.8M
$8.5B
Q4 24
$971.5M
$8.3B
Q3 24
$959.9M
$8.3B
Q2 24
$966.9M
$8.5B
Debt / Equity
AVO
AVO
NFG
NFG
Q1 26
Q4 25
0.16×
0.75×
Q3 25
0.23×
0.87×
Q2 25
0.27×
0.90×
Q1 25
0.21×
0.99×
Q4 24
0.21×
Q3 24
0.25×
Q2 24
0.33×
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
AVO
AVO
NFG
NFG
Operating Cash FlowLast quarter
$67.2M
$657.3M
Free Cash FlowOCF − Capex
$55.6M
FCF MarginFCF / Revenue
17.4%
Capex IntensityCapex / Revenue
3.6%
117.0%
Cash ConversionOCF / Net Profit
4.20×
4.32×
TTM Free Cash FlowTrailing 4 quarters
$37.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVO
AVO
NFG
NFG
Q1 26
$657.3M
Q4 25
$67.2M
$274.9M
Q3 25
$34.4M
$237.8M
Q2 25
$-11.8M
$388.4M
Q1 25
$-1.2M
$253.8M
Q4 24
$38.0M
$220.1M
Q3 24
$42.5M
$197.9M
Q2 24
$3.4M
$281.8M
Free Cash Flow
AVO
AVO
NFG
NFG
Q1 26
Q4 25
$55.6M
$-2.7M
Q3 25
$22.6M
$-47.8M
Q2 25
$-25.0M
$195.3M
Q1 25
$-16.0M
$59.9M
Q4 24
$31.1M
$-20.3M
Q3 24
$34.9M
$-49.1M
Q2 24
$-4.4M
$79.5M
FCF Margin
AVO
AVO
NFG
NFG
Q1 26
Q4 25
17.4%
-0.4%
Q3 25
6.3%
-10.8%
Q2 25
-6.6%
37.0%
Q1 25
-4.8%
8.2%
Q4 24
8.8%
-4.0%
Q3 24
10.8%
-15.8%
Q2 24
-1.5%
23.5%
Capex Intensity
AVO
AVO
NFG
NFG
Q1 26
117.0%
Q4 25
3.6%
43.5%
Q3 25
3.3%
64.4%
Q2 25
3.5%
36.6%
Q1 25
4.4%
26.4%
Q4 24
1.9%
46.8%
Q3 24
2.3%
79.7%
Q2 24
2.6%
59.7%
Cash Conversion
AVO
AVO
NFG
NFG
Q1 26
4.32×
Q4 25
4.20×
1.51×
Q3 25
2.34×
2.21×
Q2 25
-3.81×
2.59×
Q1 25
-0.31×
1.17×
Q4 24
2.20×
4.89×
Q3 24
3.43×
Q2 24
0.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVO
AVO

Avocado$256.9M81%
Blueberry$36.5M11%
Mango$18.7M6%
Other$6.9M2%

NFG
NFG

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

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