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Side-by-side financial comparison of BATTALION OIL CORP (BATL) and SB FINANCIAL GROUP, INC. (SBFG). Click either name above to swap in a different company.

BATTALION OIL CORP is the larger business by last-quarter revenue ($31.6M vs $16.4M, roughly 1.9× SB FINANCIAL GROUP, INC.). SB FINANCIAL GROUP, INC. runs the higher net margin — 23.9% vs 5.7%, a 18.2% gap on every dollar of revenue. On growth, SB FINANCIAL GROUP, INC. posted the faster year-over-year revenue change (6.3% vs -36.1%). Over the past eight quarters, SB FINANCIAL GROUP, INC.'s revenue compounded faster (11.8% 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.

SB Financial Group, Inc. is a U.S.-headquartered financial holding company that provides a full suite of personal and commercial banking products and services, including deposit accounts, mortgage and consumer loans, small business financing, and wealth management solutions. It primarily serves retail customers and small to medium-sized enterprises across regional markets in the United States.

BATL vs SBFG — Head-to-Head

Bigger by revenue
BATL
BATL
1.9× larger
BATL
$31.6M
$16.4M
SBFG
Growing faster (revenue YoY)
SBFG
SBFG
+42.4% gap
SBFG
6.3%
-36.1%
BATL
Higher net margin
SBFG
SBFG
18.2% more per $
SBFG
23.9%
5.7%
BATL
Faster 2-yr revenue CAGR
SBFG
SBFG
Annualised
SBFG
11.8%
-20.1%
BATL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATL
BATL
SBFG
SBFG
Revenue
$31.6M
$16.4M
Net Profit
$1.8M
$3.9M
Gross Margin
Operating Margin
-33.8%
30.3%
Net Margin
5.7%
23.9%
Revenue YoY
-36.1%
6.3%
Net Profit YoY
108.1%
7.8%
EPS (diluted)
$-0.77
$0.62

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
SBFG
SBFG
Q4 25
$31.6M
$16.4M
Q3 25
$43.4M
$16.6M
Q2 25
$42.6M
$17.2M
Q1 25
$47.4M
$15.4M
Q4 24
$49.5M
$15.5M
Q3 24
$45.1M
$14.3M
Q2 24
$49.1M
$14.0M
Q1 24
$49.5M
$13.1M
Net Profit
BATL
BATL
SBFG
SBFG
Q4 25
$1.8M
$3.9M
Q3 25
$-735.0K
$4.0M
Q2 25
$4.8M
$3.9M
Q1 25
$6.0M
$2.2M
Q4 24
$-22.2M
$3.6M
Q3 24
$21.6M
$2.4M
Q2 24
$-105.0K
$3.1M
Q1 24
$-31.2M
$2.4M
Operating Margin
BATL
BATL
SBFG
SBFG
Q4 25
-33.8%
30.3%
Q3 25
1.9%
29.9%
Q2 25
-0.4%
27.5%
Q1 25
7.2%
16.8%
Q4 24
-36.2%
29.3%
Q3 24
2.3%
21.7%
Q2 24
10.4%
24.0%
Q1 24
0.0%
21.7%
Net Margin
BATL
BATL
SBFG
SBFG
Q4 25
5.7%
23.9%
Q3 25
-1.7%
24.4%
Q2 25
11.3%
22.4%
Q1 25
12.7%
14.0%
Q4 24
-44.9%
23.5%
Q3 24
48.0%
16.5%
Q2 24
-0.2%
22.2%
Q1 24
-63.0%
18.0%
EPS (diluted)
BATL
BATL
SBFG
SBFG
Q4 25
$-0.77
$0.62
Q3 25
$-0.91
$0.64
Q2 25
$-0.21
$0.60
Q1 25
$-0.35
$0.33
Q4 24
$-1.47
$0.55
Q3 24
$0.34
$0.35
Q2 24
$-0.53
$0.47
Q1 24
$-2.24
$0.35

Balance Sheet & Financial Strength

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

Metric
BATL
BATL
SBFG
SBFG
Cash + ST InvestmentsLiquidity on hand
$28.0M
Total DebtLower is stronger
$208.1M
Stockholders' EquityBook value
$-32.8M
$141.2M
Total Assets
$460.7M
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
SBFG
SBFG
Q4 25
$28.0M
Q3 25
$50.5M
Q2 25
$44.6M
Q1 25
$73.6M
Q4 24
$19.7M
Q3 24
$29.8M
Q2 24
$54.4M
Q1 24
$48.9M
Total Debt
BATL
BATL
SBFG
SBFG
Q4 25
$208.1M
Q3 25
$213.8M
Q2 25
$219.4M
Q1 25
$225.1M
Q4 24
$162.1M
$19.7M
Q3 24
$147.8M
$19.7M
Q2 24
$160.4M
Q1 24
$190.2M
Stockholders' Equity
BATL
BATL
SBFG
SBFG
Q4 25
$-32.8M
$141.2M
Q3 25
$-20.3M
$136.9M
Q2 25
$-5.2M
$133.6M
Q1 25
$-1.8M
$131.5M
Q4 24
$4.1M
$127.5M
Q3 24
$35.0M
$132.8M
Q2 24
$22.7M
$125.5M
Q1 24
$31.3M
$123.7M
Total Assets
BATL
BATL
SBFG
SBFG
Q4 25
$460.7M
$1.5B
Q3 25
$491.7M
$1.5B
Q2 25
$498.8M
$1.5B
Q1 25
$506.2M
$1.5B
Q4 24
$431.0M
$1.4B
Q3 24
$458.0M
$1.4B
Q2 24
$487.3M
Q1 24
$488.6M
Debt / Equity
BATL
BATL
SBFG
SBFG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
39.35×
0.15×
Q3 24
4.23×
0.15×
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
SBFG
SBFG
Operating Cash FlowLast quarter
$-11.8M
$24.0M
Free Cash FlowOCF − Capex
$21.4M
FCF MarginFCF / Revenue
130.6%
Capex IntensityCapex / Revenue
15.8%
Cash ConversionOCF / Net Profit
-6.58×
6.14×
TTM Free Cash FlowTrailing 4 quarters
$35.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
SBFG
SBFG
Q4 25
$-11.8M
$24.0M
Q3 25
$28.0M
$12.7M
Q2 25
$10.2M
$-3.6M
Q1 25
$12.7M
$6.7M
Q4 24
$6.7M
$9.5M
Q3 24
$-5.1M
$3.6M
Q2 24
$29.8M
$-434.0K
Q1 24
$3.9M
$308.0K
Free Cash Flow
BATL
BATL
SBFG
SBFG
Q4 25
$21.4M
Q3 25
$12.2M
Q2 25
$-4.2M
Q1 25
$5.8M
Q4 24
$8.2M
Q3 24
$3.2M
Q2 24
$-833.0K
Q1 24
$149.0K
FCF Margin
BATL
BATL
SBFG
SBFG
Q4 25
130.6%
Q3 25
73.8%
Q2 25
-24.2%
Q1 25
37.6%
Q4 24
53.2%
Q3 24
22.6%
Q2 24
-5.9%
Q1 24
1.1%
Capex Intensity
BATL
BATL
SBFG
SBFG
Q4 25
15.8%
Q3 25
2.7%
Q2 25
3.1%
Q1 25
6.0%
Q4 24
8.0%
Q3 24
2.7%
Q2 24
2.8%
Q1 24
1.2%
Cash Conversion
BATL
BATL
SBFG
SBFG
Q4 25
-6.58×
6.14×
Q3 25
3.14×
Q2 25
2.13×
-0.94×
Q1 25
2.11×
3.11×
Q4 24
2.60×
Q3 24
-0.23×
1.54×
Q2 24
-0.14×
Q1 24
0.13×

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%

SBFG
SBFG

Segment breakdown not available.

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