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Side-by-side financial comparison of BATTALION OIL CORP (BATL) and COMPX INTERNATIONAL INC (CIX). Click either name above to swap in a different company.

COMPX INTERNATIONAL INC is the larger business by last-quarter revenue ($37.7M vs $31.6M, roughly 1.2× BATTALION OIL CORP). COMPX INTERNATIONAL INC runs the higher net margin — 12.4% vs 5.7%, a 6.7% gap on every dollar of revenue. On growth, COMPX INTERNATIONAL INC posted the faster year-over-year revenue change (-1.9% vs -36.1%). Over the past eight quarters, COMPX INTERNATIONAL INC's revenue compounded faster (-0.4% 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.

COMPX International Inc. is a diversified manufacturer of security and control products, including high-performance locking systems, electronic access solutions, ergonomic workstation components, and marine hardware. It primarily serves North American and European markets, catering to commercial, residential, industrial, healthcare, and recreational marine segments.

BATL vs CIX — Head-to-Head

Bigger by revenue
CIX
CIX
1.2× larger
CIX
$37.7M
$31.6M
BATL
Growing faster (revenue YoY)
CIX
CIX
+34.3% gap
CIX
-1.9%
-36.1%
BATL
Higher net margin
CIX
CIX
6.7% more per $
CIX
12.4%
5.7%
BATL
Faster 2-yr revenue CAGR
CIX
CIX
Annualised
CIX
-0.4%
-20.1%
BATL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATL
BATL
CIX
CIX
Revenue
$31.6M
$37.7M
Net Profit
$1.8M
$4.7M
Gross Margin
32.1%
Operating Margin
-33.8%
15.0%
Net Margin
5.7%
12.4%
Revenue YoY
-36.1%
-1.9%
Net Profit YoY
108.1%
3.6%
EPS (diluted)
$-0.77
$0.38

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
CIX
CIX
Q4 25
$31.6M
$37.7M
Q3 25
$43.4M
$40.0M
Q2 25
$42.6M
$40.4M
Q1 25
$47.4M
$40.3M
Q4 24
$49.5M
$38.4M
Q3 24
$45.1M
$33.7M
Q2 24
$49.1M
$35.9M
Q1 24
$49.5M
$38.0M
Net Profit
BATL
BATL
CIX
CIX
Q4 25
$1.8M
$4.7M
Q3 25
$-735.0K
$4.2M
Q2 25
$4.8M
$5.5M
Q1 25
$6.0M
$5.1M
Q4 24
$-22.2M
$4.5M
Q3 24
$21.6M
$3.5M
Q2 24
$-105.0K
$4.8M
Q1 24
$-31.2M
$3.8M
Gross Margin
BATL
BATL
CIX
CIX
Q4 25
32.1%
Q3 25
27.6%
Q2 25
31.9%
Q1 25
30.2%
Q4 24
28.8%
Q3 24
28.1%
Q2 24
31.1%
Q1 24
25.5%
Operating Margin
BATL
BATL
CIX
CIX
Q4 25
-33.8%
15.0%
Q3 25
1.9%
11.9%
Q2 25
-0.4%
15.7%
Q1 25
7.2%
14.6%
Q4 24
-36.2%
12.7%
Q3 24
2.3%
9.9%
Q2 24
10.4%
14.2%
Q1 24
0.0%
9.8%
Net Margin
BATL
BATL
CIX
CIX
Q4 25
5.7%
12.4%
Q3 25
-1.7%
10.6%
Q2 25
11.3%
13.5%
Q1 25
12.7%
12.7%
Q4 24
-44.9%
11.7%
Q3 24
48.0%
10.3%
Q2 24
-0.2%
13.5%
Q1 24
-63.0%
9.9%
EPS (diluted)
BATL
BATL
CIX
CIX
Q4 25
$-0.77
$0.38
Q3 25
$-0.91
$0.34
Q2 25
$-0.21
$0.44
Q1 25
$-0.35
$0.42
Q4 24
$-1.47
$0.37
Q3 24
$0.34
$0.28
Q2 24
$-0.53
$0.39
Q1 24
$-2.24
$0.31

Balance Sheet & Financial Strength

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

Metric
BATL
BATL
CIX
CIX
Cash + ST InvestmentsLiquidity on hand
$28.0M
$54.1M
Total DebtLower is stronger
$208.1M
Stockholders' EquityBook value
$-32.8M
$138.6M
Total Assets
$460.7M
$156.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
CIX
CIX
Q4 25
$28.0M
$54.1M
Q3 25
$50.5M
$46.3M
Q2 25
$44.6M
$56.2M
Q1 25
$73.6M
$56.1M
Q4 24
$19.7M
$60.8M
Q3 24
$29.8M
$58.8M
Q2 24
$54.4M
$82.1M
Q1 24
$48.9M
$75.6M
Total Debt
BATL
BATL
CIX
CIX
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
CIX
CIX
Q4 25
$-32.8M
$138.6M
Q3 25
$-20.3M
$137.7M
Q2 25
$-5.2M
$149.5M
Q1 25
$-1.8M
$147.6M
Q4 24
$4.1M
$146.1M
Q3 24
$35.0M
$145.3M
Q2 24
$22.7M
$170.2M
Q1 24
$31.3M
$168.9M
Total Assets
BATL
BATL
CIX
CIX
Q4 25
$460.7M
$156.2M
Q3 25
$491.7M
$153.7M
Q2 25
$498.8M
$164.8M
Q1 25
$506.2M
$162.2M
Q4 24
$431.0M
$163.0M
Q3 24
$458.0M
$160.1M
Q2 24
$487.3M
$185.1M
Q1 24
$488.6M
$181.7M
Debt / Equity
BATL
BATL
CIX
CIX
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
CIX
CIX
Operating Cash FlowLast quarter
$-11.8M
$12.0M
Free Cash FlowOCF − Capex
$11.4M
FCF MarginFCF / Revenue
30.3%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
-6.58×
2.57×
TTM Free Cash FlowTrailing 4 quarters
$19.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
CIX
CIX
Q4 25
$-11.8M
$12.0M
Q3 25
$28.0M
$6.3M
Q2 25
$10.2M
$4.7M
Q1 25
$12.7M
$-137.0K
Q4 24
$6.7M
$7.3M
Q3 24
$-5.1M
$4.1M
Q2 24
$29.8M
$9.8M
Q1 24
$3.9M
$1.7M
Free Cash Flow
BATL
BATL
CIX
CIX
Q4 25
$11.4M
Q3 25
$5.3M
Q2 25
$3.4M
Q1 25
$-959.0K
Q4 24
$7.1M
Q3 24
$3.6M
Q2 24
$9.4M
Q1 24
$1.4M
FCF Margin
BATL
BATL
CIX
CIX
Q4 25
30.3%
Q3 25
13.2%
Q2 25
8.4%
Q1 25
-2.4%
Q4 24
18.5%
Q3 24
10.8%
Q2 24
26.2%
Q1 24
3.6%
Capex Intensity
BATL
BATL
CIX
CIX
Q4 25
1.6%
Q3 25
2.5%
Q2 25
3.3%
Q1 25
2.0%
Q4 24
0.6%
Q3 24
1.4%
Q2 24
1.2%
Q1 24
0.8%
Cash Conversion
BATL
BATL
CIX
CIX
Q4 25
-6.58×
2.57×
Q3 25
1.48×
Q2 25
2.13×
0.87×
Q1 25
2.11×
-0.03×
Q4 24
1.62×
Q3 24
-0.23×
1.18×
Q2 24
2.03×
Q1 24
0.45×

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%

CIX
CIX

Security Products$29.5M78%
Marine Components$8.2M22%

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