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Side-by-side financial comparison of BATTALION OIL CORP (BATL) and Bank First Corp (BFC). Click either name above to swap in a different company.

Bank First Corp is the larger business by last-quarter revenue ($44.9M vs $31.6M, roughly 1.4× BATTALION OIL CORP). Bank First Corp runs the higher net margin — 45.8% vs 5.7%, a 40.1% gap on every dollar of revenue. On growth, Bank First Corp posted the faster year-over-year revenue change (12.1% vs -36.1%). Over the past eight quarters, Bank First Corp's revenue compounded faster (9.1% CAGR vs -20.1%).

Battalion Oil Corp is an independent energy company engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. It primarily operates assets in the Eagle Ford Shale region of South Texas, serving commercial and industrial clients across North American energy markets.

First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.

BATL vs BFC — Head-to-Head

Bigger by revenue
BFC
BFC
1.4× larger
BFC
$44.9M
$31.6M
BATL
Growing faster (revenue YoY)
BFC
BFC
+48.2% gap
BFC
12.1%
-36.1%
BATL
Higher net margin
BFC
BFC
40.1% more per $
BFC
45.8%
5.7%
BATL
Faster 2-yr revenue CAGR
BFC
BFC
Annualised
BFC
9.1%
-20.1%
BATL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATL
BATL
BFC
BFC
Revenue
$31.6M
$44.9M
Net Profit
$1.8M
$18.4M
Gross Margin
Operating Margin
-33.8%
51.0%
Net Margin
5.7%
45.8%
Revenue YoY
-36.1%
12.1%
Net Profit YoY
108.1%
4.8%
EPS (diluted)
$-0.77
$1.87

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
BATL
BATL
BFC
BFC
Q4 25
$31.6M
$44.9M
Q3 25
$43.4M
$44.2M
Q2 25
$42.6M
$41.6M
Q1 25
$47.4M
$43.1M
Q4 24
$49.5M
$40.1M
Q3 24
$45.1M
$40.8M
Q2 24
$49.1M
$38.9M
Q1 24
$49.5M
$37.7M
Net Profit
BATL
BATL
BFC
BFC
Q4 25
$1.8M
$18.4M
Q3 25
$-735.0K
$18.0M
Q2 25
$4.8M
$16.9M
Q1 25
$6.0M
$18.2M
Q4 24
$-22.2M
$17.5M
Q3 24
$21.6M
$16.6M
Q2 24
$-105.0K
$16.1M
Q1 24
$-31.2M
$15.4M
Operating Margin
BATL
BATL
BFC
BFC
Q4 25
-33.8%
51.0%
Q3 25
1.9%
50.8%
Q2 25
-0.4%
49.7%
Q1 25
7.2%
51.3%
Q4 24
-36.2%
54.4%
Q3 24
2.3%
50.7%
Q2 24
10.4%
51.0%
Q1 24
0.0%
45.6%
Net Margin
BATL
BATL
BFC
BFC
Q4 25
5.7%
45.8%
Q3 25
-1.7%
40.7%
Q2 25
11.3%
40.5%
Q1 25
12.7%
42.3%
Q4 24
-44.9%
49.3%
Q3 24
48.0%
40.6%
Q2 24
-0.2%
41.3%
Q1 24
-63.0%
40.8%
EPS (diluted)
BATL
BATL
BFC
BFC
Q4 25
$-0.77
$1.87
Q3 25
$-0.91
$1.83
Q2 25
$-0.21
$1.71
Q1 25
$-0.35
$1.82
Q4 24
$-1.47
$1.75
Q3 24
$0.34
$1.65
Q2 24
$-0.53
$1.59
Q1 24
$-2.24
$1.51

Balance Sheet & Financial Strength

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

Metric
BATL
BATL
BFC
BFC
Cash + ST InvestmentsLiquidity on hand
$28.0M
$243.2M
Total DebtLower is stronger
$208.1M
Stockholders' EquityBook value
$-32.8M
$643.8M
Total Assets
$460.7M
$4.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
BFC
BFC
Q4 25
$28.0M
$243.2M
Q3 25
$50.5M
$126.2M
Q2 25
$44.6M
$120.3M
Q1 25
$73.6M
$300.9M
Q4 24
$19.7M
$261.3M
Q3 24
$29.8M
$204.4M
Q2 24
$54.4M
$99.0M
Q1 24
$48.9M
$83.4M
Total Debt
BATL
BATL
BFC
BFC
Q4 25
$208.1M
Q3 25
$213.8M
Q2 25
$219.4M
Q1 25
$225.1M
Q4 24
$162.1M
Q3 24
$147.8M
Q2 24
$160.4M
Q1 24
$190.2M
Stockholders' Equity
BATL
BATL
BFC
BFC
Q4 25
$-32.8M
$643.8M
Q3 25
$-20.3M
$628.1M
Q2 25
$-5.2M
$612.3M
Q1 25
$-1.8M
$648.4M
Q4 24
$4.1M
$639.7M
Q3 24
$35.0M
$628.9M
Q2 24
$22.7M
$614.6M
Q1 24
$31.3M
$609.3M
Total Assets
BATL
BATL
BFC
BFC
Q4 25
$460.7M
$4.5B
Q3 25
$491.7M
$4.4B
Q2 25
$498.8M
$4.4B
Q1 25
$506.2M
$4.5B
Q4 24
$431.0M
$4.5B
Q3 24
$458.0M
$4.3B
Q2 24
$487.3M
$4.1B
Q1 24
$488.6M
$4.1B
Debt / Equity
BATL
BATL
BFC
BFC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
39.35×
Q3 24
4.23×
Q2 24
7.07×
Q1 24
6.07×

Cash Flow & Capital Efficiency

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

Metric
BATL
BATL
BFC
BFC
Operating Cash FlowLast quarter
$-11.8M
$62.5M
Free Cash FlowOCF − Capex
$51.0M
FCF MarginFCF / Revenue
113.6%
Capex IntensityCapex / Revenue
25.5%
Cash ConversionOCF / Net Profit
-6.58×
3.40×
TTM Free Cash FlowTrailing 4 quarters
$75.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
BFC
BFC
Q4 25
$-11.8M
$62.5M
Q3 25
$28.0M
$15.5M
Q2 25
$10.2M
$11.9M
Q1 25
$12.7M
$6.2M
Q4 24
$6.7M
$65.8M
Q3 24
$-5.1M
$18.8M
Q2 24
$29.8M
$14.9M
Q1 24
$3.9M
$1.3M
Free Cash Flow
BATL
BATL
BFC
BFC
Q4 25
$51.0M
Q3 25
$12.5M
Q2 25
$8.2M
Q1 25
$4.0M
Q4 24
$58.6M
Q3 24
$16.9M
Q2 24
$13.7M
Q1 24
$551.0K
FCF Margin
BATL
BATL
BFC
BFC
Q4 25
113.6%
Q3 25
28.2%
Q2 25
19.8%
Q1 25
9.3%
Q4 24
146.3%
Q3 24
41.5%
Q2 24
35.3%
Q1 24
1.5%
Capex Intensity
BATL
BATL
BFC
BFC
Q4 25
25.5%
Q3 25
6.7%
Q2 25
8.7%
Q1 25
5.0%
Q4 24
18.0%
Q3 24
4.5%
Q2 24
3.1%
Q1 24
2.1%
Cash Conversion
BATL
BATL
BFC
BFC
Q4 25
-6.58×
3.40×
Q3 25
0.86×
Q2 25
2.13×
0.70×
Q1 25
2.11×
0.34×
Q4 24
3.75×
Q3 24
-0.23×
1.13×
Q2 24
0.93×
Q1 24
0.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BATL
BATL

Oil$28.6M91%
Natural Gas Liquids Reserves$3.9M12%

BFC
BFC

Segment breakdown not available.

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