vs

Side-by-side financial comparison of BATTALION OIL CORP (BATL) and R F INDUSTRIES LTD (RFIL). Click either name above to swap in a different company.

BATTALION OIL CORP is the larger business by last-quarter revenue ($31.6M vs $22.7M, roughly 1.4× R F INDUSTRIES LTD). BATTALION OIL CORP runs the higher net margin — 5.7% vs 0.8%, a 4.9% gap on every dollar of revenue. On growth, R F INDUSTRIES LTD posted the faster year-over-year revenue change (22.9% vs -36.1%). Over the past eight quarters, R F INDUSTRIES LTD's revenue compounded faster (29.8% 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.

Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.

BATL vs RFIL — Head-to-Head

Bigger by revenue
BATL
BATL
1.4× larger
BATL
$31.6M
$22.7M
RFIL
Growing faster (revenue YoY)
RFIL
RFIL
+59.1% gap
RFIL
22.9%
-36.1%
BATL
Higher net margin
BATL
BATL
4.9% more per $
BATL
5.7%
0.8%
RFIL
Faster 2-yr revenue CAGR
RFIL
RFIL
Annualised
RFIL
29.8%
-20.1%
BATL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATL
BATL
RFIL
RFIL
Revenue
$31.6M
$22.7M
Net Profit
$1.8M
$173.0K
Gross Margin
36.8%
Operating Margin
-33.8%
4.0%
Net Margin
5.7%
0.8%
Revenue YoY
-36.1%
22.9%
Net Profit YoY
108.1%
172.7%
EPS (diluted)
$-0.77
$0.01

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
RFIL
RFIL
Q4 25
$31.6M
$22.7M
Q3 25
$43.4M
$19.8M
Q2 25
$42.6M
$18.9M
Q1 25
$47.4M
$19.2M
Q4 24
$49.5M
$18.5M
Q3 24
$45.1M
$16.8M
Q2 24
$49.1M
$16.1M
Q1 24
$49.5M
$13.5M
Net Profit
BATL
BATL
RFIL
RFIL
Q4 25
$1.8M
$173.0K
Q3 25
$-735.0K
$392.0K
Q2 25
$4.8M
$-245.0K
Q1 25
$6.0M
$-245.0K
Q4 24
$-22.2M
$-238.0K
Q3 24
$21.6M
$-705.0K
Q2 24
$-105.0K
$-4.3M
Q1 24
$-31.2M
$-1.4M
Gross Margin
BATL
BATL
RFIL
RFIL
Q4 25
36.8%
Q3 25
34.0%
Q2 25
31.5%
Q1 25
29.8%
Q4 24
31.3%
Q3 24
29.5%
Q2 24
29.9%
Q1 24
24.5%
Operating Margin
BATL
BATL
RFIL
RFIL
Q4 25
-33.8%
4.0%
Q3 25
1.9%
3.6%
Q2 25
-0.4%
0.6%
Q1 25
7.2%
0.3%
Q4 24
-36.2%
0.5%
Q3 24
2.3%
-2.5%
Q2 24
10.4%
-2.6%
Q1 24
0.0%
-15.5%
Net Margin
BATL
BATL
RFIL
RFIL
Q4 25
5.7%
0.8%
Q3 25
-1.7%
2.0%
Q2 25
11.3%
-1.3%
Q1 25
12.7%
-1.3%
Q4 24
-44.9%
-1.3%
Q3 24
48.0%
-4.2%
Q2 24
-0.2%
-26.7%
Q1 24
-63.0%
-10.1%
EPS (diluted)
BATL
BATL
RFIL
RFIL
Q4 25
$-0.77
$0.01
Q3 25
$-0.91
$0.04
Q2 25
$-0.21
$-0.02
Q1 25
$-0.35
$-0.02
Q4 24
$-1.47
$-0.02
Q3 24
$0.34
$-0.07
Q2 24
$-0.53
$-0.41
Q1 24
$-2.24
$-0.13

Balance Sheet & Financial Strength

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

Metric
BATL
BATL
RFIL
RFIL
Cash + ST InvestmentsLiquidity on hand
$28.0M
$5.1M
Total DebtLower is stronger
$208.1M
Stockholders' EquityBook value
$-32.8M
$35.2M
Total Assets
$460.7M
$73.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
RFIL
RFIL
Q4 25
$28.0M
$5.1M
Q3 25
$50.5M
$3.0M
Q2 25
$44.6M
$3.6M
Q1 25
$73.6M
$1.3M
Q4 24
$19.7M
$839.0K
Q3 24
$29.8M
$1.8M
Q2 24
$54.4M
$1.4M
Q1 24
$48.9M
$4.5M
Total Debt
BATL
BATL
RFIL
RFIL
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
RFIL
RFIL
Q4 25
$-32.8M
$35.2M
Q3 25
$-20.3M
$34.8M
Q2 25
$-5.2M
$34.2M
Q1 25
$-1.8M
$34.2M
Q4 24
$4.1M
$34.1M
Q3 24
$35.0M
$34.1M
Q2 24
$22.7M
$34.6M
Q1 24
$31.3M
$38.7M
Total Assets
BATL
BATL
RFIL
RFIL
Q4 25
$460.7M
$73.0M
Q3 25
$491.7M
$73.2M
Q2 25
$498.8M
$72.7M
Q1 25
$506.2M
$70.4M
Q4 24
$431.0M
$71.0M
Q3 24
$458.0M
$71.9M
Q2 24
$487.3M
$72.8M
Q1 24
$488.6M
$79.1M
Debt / Equity
BATL
BATL
RFIL
RFIL
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
RFIL
RFIL
Operating Cash FlowLast quarter
$-11.8M
$2.1M
Free Cash FlowOCF − Capex
$2.0M
FCF MarginFCF / Revenue
9.0%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
-6.58×
12.13×
TTM Free Cash FlowTrailing 4 quarters
$4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
RFIL
RFIL
Q4 25
$-11.8M
$2.1M
Q3 25
$28.0M
$-311.0K
Q2 25
$10.2M
$2.2M
Q1 25
$12.7M
$601.0K
Q4 24
$6.7M
$-244.0K
Q3 24
$-5.1M
$2.4M
Q2 24
$29.8M
$197.0K
Q1 24
$3.9M
$840.0K
Free Cash Flow
BATL
BATL
RFIL
RFIL
Q4 25
$2.0M
Q3 25
$-419.0K
Q2 25
$2.2M
Q1 25
$574.0K
Q4 24
$-418.0K
Q3 24
$2.1M
Q2 24
$28.0K
Q1 24
$697.0K
FCF Margin
BATL
BATL
RFIL
RFIL
Q4 25
9.0%
Q3 25
-2.1%
Q2 25
11.4%
Q1 25
3.0%
Q4 24
-2.3%
Q3 24
12.6%
Q2 24
0.2%
Q1 24
5.2%
Capex Intensity
BATL
BATL
RFIL
RFIL
Q4 25
0.3%
Q3 25
0.5%
Q2 25
0.2%
Q1 25
0.1%
Q4 24
0.9%
Q3 24
1.5%
Q2 24
1.0%
Q1 24
1.1%
Cash Conversion
BATL
BATL
RFIL
RFIL
Q4 25
-6.58×
12.13×
Q3 25
-0.79×
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%

RFIL
RFIL

US$20.9M92%
Non Us$1.8M8%

Related Comparisons