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Side-by-side financial comparison of BATTALION OIL CORP (BATL) and Elme Communities (ELME). Click either name above to swap in a different company.

Elme Communities is the larger business by last-quarter revenue ($62.1M vs $31.6M, roughly 2.0× BATTALION OIL CORP). BATTALION OIL CORP runs the higher net margin — 5.7% vs -198.9%, a 204.6% gap on every dollar of revenue. On growth, Elme Communities posted the faster year-over-year revenue change (1.7% vs -36.1%). Over the past eight quarters, Elme Communities's revenue compounded faster (2.7% 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.

Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.

BATL vs ELME — Head-to-Head

Bigger by revenue
ELME
ELME
2.0× larger
ELME
$62.1M
$31.6M
BATL
Growing faster (revenue YoY)
ELME
ELME
+37.8% gap
ELME
1.7%
-36.1%
BATL
Higher net margin
BATL
BATL
204.6% more per $
BATL
5.7%
-198.9%
ELME
Faster 2-yr revenue CAGR
ELME
ELME
Annualised
ELME
2.7%
-20.1%
BATL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BATL
BATL
ELME
ELME
Revenue
$31.6M
$62.1M
Net Profit
$1.8M
$-123.5M
Gross Margin
61.1%
Operating Margin
-33.8%
-183.3%
Net Margin
5.7%
-198.9%
Revenue YoY
-36.1%
1.7%
Net Profit YoY
108.1%
-4058.7%
EPS (diluted)
$-0.77
$-1.40

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
ELME
ELME
Q4 25
$31.6M
Q3 25
$43.4M
$62.1M
Q2 25
$42.6M
$62.1M
Q1 25
$47.4M
$61.5M
Q4 24
$49.5M
$61.3M
Q3 24
$45.1M
$61.1M
Q2 24
$49.1M
$60.1M
Q1 24
$49.5M
$59.5M
Net Profit
BATL
BATL
ELME
ELME
Q4 25
$1.8M
Q3 25
$-735.0K
$-123.5M
Q2 25
$4.8M
$-3.6M
Q1 25
$6.0M
$-4.7M
Q4 24
$-22.2M
$-3.0M
Q3 24
$21.6M
$-3.0M
Q2 24
$-105.0K
$-3.5M
Q1 24
$-31.2M
$-3.6M
Gross Margin
BATL
BATL
ELME
ELME
Q4 25
Q3 25
61.1%
Q2 25
63.5%
Q1 25
64.2%
Q4 24
62.9%
Q3 24
63.5%
Q2 24
63.4%
Q1 24
63.5%
Operating Margin
BATL
BATL
ELME
ELME
Q4 25
-33.8%
Q3 25
1.9%
-183.3%
Q2 25
-0.4%
9.6%
Q1 25
7.2%
7.8%
Q4 24
-36.2%
10.4%
Q3 24
2.3%
11.0%
Q2 24
10.4%
9.8%
Q1 24
0.0%
7.5%
Net Margin
BATL
BATL
ELME
ELME
Q4 25
5.7%
Q3 25
-1.7%
-198.9%
Q2 25
11.3%
-5.7%
Q1 25
12.7%
-7.6%
Q4 24
-44.9%
-4.9%
Q3 24
48.0%
-4.9%
Q2 24
-0.2%
-5.8%
Q1 24
-63.0%
-6.1%
EPS (diluted)
BATL
BATL
ELME
ELME
Q4 25
$-0.77
Q3 25
$-0.91
$-1.40
Q2 25
$-0.21
$-0.04
Q1 25
$-0.35
$-0.05
Q4 24
$-1.47
$-0.04
Q3 24
$0.34
$-0.03
Q2 24
$-0.53
$-0.04
Q1 24
$-2.24
$-0.04

Balance Sheet & Financial Strength

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

Metric
BATL
BATL
ELME
ELME
Cash + ST InvestmentsLiquidity on hand
$28.0M
$7.1M
Total DebtLower is stronger
$208.1M
Stockholders' EquityBook value
$-32.8M
$908.9M
Total Assets
$460.7M
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
ELME
ELME
Q4 25
$28.0M
Q3 25
$50.5M
$7.1M
Q2 25
$44.6M
$4.8M
Q1 25
$73.6M
$6.4M
Q4 24
$19.7M
$6.1M
Q3 24
$29.8M
$4.8M
Q2 24
$54.4M
$5.6M
Q1 24
$48.9M
$4.2M
Total Debt
BATL
BATL
ELME
ELME
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
ELME
ELME
Q4 25
$-32.8M
Q3 25
$-20.3M
$908.9M
Q2 25
$-5.2M
$1.0B
Q1 25
$-1.8M
$1.1B
Q4 24
$4.1M
$1.1B
Q3 24
$35.0M
$1.1B
Q2 24
$22.7M
$1.1B
Q1 24
$31.3M
$1.1B
Total Assets
BATL
BATL
ELME
ELME
Q4 25
$460.7M
Q3 25
$491.7M
$1.7B
Q2 25
$498.8M
$1.8B
Q1 25
$506.2M
$1.8B
Q4 24
$431.0M
$1.8B
Q3 24
$458.0M
$1.9B
Q2 24
$487.3M
$1.9B
Q1 24
$488.6M
$1.9B
Debt / Equity
BATL
BATL
ELME
ELME
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
ELME
ELME
Operating Cash FlowLast quarter
$-11.8M
$15.9M
Free Cash FlowOCF − Capex
$7.2M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
14.0%
Cash ConversionOCF / Net Profit
-6.58×
TTM Free Cash FlowTrailing 4 quarters
$86.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
ELME
ELME
Q4 25
$-11.8M
Q3 25
$28.0M
$15.9M
Q2 25
$10.2M
$29.8M
Q1 25
$12.7M
$16.2M
Q4 24
$6.7M
$95.2M
Q3 24
$-5.1M
$20.7M
Q2 24
$29.8M
$28.9M
Q1 24
$3.9M
$21.2M
Free Cash Flow
BATL
BATL
ELME
ELME
Q4 25
Q3 25
$7.2M
Q2 25
$21.1M
Q1 25
$10.5M
Q4 24
$47.9M
Q3 24
$8.8M
Q2 24
$21.0M
Q1 24
$7.6M
FCF Margin
BATL
BATL
ELME
ELME
Q4 25
Q3 25
11.6%
Q2 25
34.1%
Q1 25
17.1%
Q4 24
78.1%
Q3 24
14.4%
Q2 24
34.9%
Q1 24
12.8%
Capex Intensity
BATL
BATL
ELME
ELME
Q4 25
Q3 25
14.0%
Q2 25
14.0%
Q1 25
9.2%
Q4 24
77.4%
Q3 24
19.4%
Q2 24
13.1%
Q1 24
22.9%
Cash Conversion
BATL
BATL
ELME
ELME
Q4 25
-6.58×
Q3 25
Q2 25
2.13×
Q1 25
2.11×
Q4 24
Q3 24
-0.23×
Q2 24
Q1 24

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%

ELME
ELME

Residential Segment$57.7M93%
Other$4.4M7%

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