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Side-by-side financial comparison of BKV Corp (BKV) and MARCUS CORP (MCS). Click either name above to swap in a different company.

BKV Corp is the larger business by last-quarter revenue ($255.9M vs $193.5M, roughly 1.3× MARCUS CORP).

BKV Corp is a North American independent energy company focused on sustainable natural gas exploration, production, and distribution, with core operating assets located in the Appalachian Basin. It serves utility, industrial, and commercial customers across the region, and invests in low-carbon technologies including carbon capture to reduce operational emissions.

Marcus & Millichap, Inc. is an American company that provides real estate brokerage, mortgage brokerage, research, and advisory services in the U.S. and Canada in the field of commercial property. It popularized the practice of listing properties exclusively with one brokerage firm. The company has over 1,800 employees in more than 80 offices across the U.S. and Canada.

BKV vs MCS — Head-to-Head

Bigger by revenue
BKV
BKV
1.3× larger
BKV
$255.9M
$193.5M
MCS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BKV
BKV
MCS
MCS
Revenue
$255.9M
$193.5M
Net Profit
$70.4M
Gross Margin
Operating Margin
39.3%
0.9%
Net Margin
27.5%
Revenue YoY
2.8%
Net Profit YoY
EPS (diluted)
$0.78

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
BKV
BKV
MCS
MCS
Q4 25
$255.9M
$193.5M
Q3 25
$199.8M
$210.2M
Q2 25
$207.1M
$206.0M
Q1 25
$231.0M
$148.8M
Q4 24
$188.3M
Q3 24
$133.5M
$232.7M
Q2 24
$176.0M
Q1 24
$138.5M
Net Profit
BKV
BKV
MCS
MCS
Q4 25
$70.4M
Q3 25
$76.8M
$16.2M
Q2 25
$104.6M
$7.3M
Q1 25
$-78.7M
$-16.8M
Q4 24
$986.0K
Q3 24
$12.9M
$23.3M
Q2 24
$-20.2M
Q1 24
$-11.9M
Operating Margin
BKV
BKV
MCS
MCS
Q4 25
39.3%
0.9%
Q3 25
41.2%
10.8%
Q2 25
62.0%
6.3%
Q1 25
-40.6%
-13.7%
Q4 24
-1.2%
Q3 24
-15.7%
14.1%
Q2 24
1.3%
Q1 24
-12.0%
Net Margin
BKV
BKV
MCS
MCS
Q4 25
27.5%
Q3 25
38.5%
7.7%
Q2 25
50.5%
3.6%
Q1 25
-34.1%
-11.3%
Q4 24
0.5%
Q3 24
9.6%
10.0%
Q2 24
-11.5%
Q1 24
-8.6%
EPS (diluted)
BKV
BKV
MCS
MCS
Q4 25
$0.78
Q3 25
$0.90
Q2 25
$1.23
Q1 25
$-0.93
Q4 24
Q3 24
$0.18
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
BKV
BKV
MCS
MCS
Cash + ST InvestmentsLiquidity on hand
$199.4M
$23.4M
Total DebtLower is stronger
$486.8M
$159.0M
Stockholders' EquityBook value
$2.0B
$457.4M
Total Assets
$3.1B
$1.0B
Debt / EquityLower = less leverage
0.24×
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKV
BKV
MCS
MCS
Q4 25
$199.4M
$23.4M
Q3 25
$83.1M
$7.4M
Q2 25
$21.4M
$14.9M
Q1 25
$15.3M
$11.9M
Q4 24
$40.8M
Q3 24
$31.3M
$28.4M
Q2 24
$32.8M
Q1 24
$17.3M
Total Debt
BKV
BKV
MCS
MCS
Q4 25
$486.8M
$159.0M
Q3 25
$486.6M
$162.0M
Q2 25
$200.0M
$179.9M
Q1 25
$200.0M
$198.9M
Q4 24
$159.1M
Q3 24
$190.0M
$173.1M
Q2 24
$175.7M
Q1 24
$169.8M
Stockholders' Equity
BKV
BKV
MCS
MCS
Q4 25
$2.0B
$457.4M
Q3 25
$1.8B
$454.3M
Q2 25
$1.6B
$448.4M
Q1 25
$1.5B
$441.8M
Q4 24
$464.9M
Q3 24
$1.6B
$462.3M
Q2 24
$449.4M
Q1 24
$459.3M
Total Assets
BKV
BKV
MCS
MCS
Q4 25
$3.1B
$1.0B
Q3 25
$2.9B
$1.0B
Q2 25
$2.3B
$1.0B
Q1 25
$2.3B
$1.0B
Q4 24
$1.0B
Q3 24
$2.3B
$1.0B
Q2 24
$1.1B
Q1 24
$1.0B
Debt / Equity
BKV
BKV
MCS
MCS
Q4 25
0.24×
0.35×
Q3 25
0.27×
0.36×
Q2 25
0.13×
0.40×
Q1 25
0.13×
0.45×
Q4 24
0.34×
Q3 24
0.12×
0.37×
Q2 24
0.39×
Q1 24
0.37×

Cash Flow & Capital Efficiency

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

Metric
BKV
BKV
MCS
MCS
Operating Cash FlowLast quarter
$69.4M
$48.8M
Free Cash FlowOCF − Capex
$26.4M
FCF MarginFCF / Revenue
13.6%
Capex IntensityCapex / Revenue
11.6%
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters
$989.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKV
BKV
MCS
MCS
Q4 25
$69.4M
$48.8M
Q3 25
$74.5M
$39.1M
Q2 25
$76.2M
$31.6M
Q1 25
$22.6M
$-35.3M
Q4 24
$52.6M
Q3 24
$30.5M
Q2 24
$36.0M
Q1 24
$-15.1M
Free Cash Flow
BKV
BKV
MCS
MCS
Q4 25
$26.4M
Q3 25
$-126.9M
$18.2M
Q2 25
$14.7M
Q1 25
$-58.3M
Q4 24
$27.1M
Q3 24
$12.0M
Q2 24
$16.1M
Q1 24
$-30.5M
FCF Margin
BKV
BKV
MCS
MCS
Q4 25
13.6%
Q3 25
-63.5%
8.7%
Q2 25
7.1%
Q1 25
-39.2%
Q4 24
14.4%
Q3 24
5.2%
Q2 24
9.2%
Q1 24
-22.0%
Capex Intensity
BKV
BKV
MCS
MCS
Q4 25
11.6%
Q3 25
100.9%
9.9%
Q2 25
8.2%
Q1 25
15.5%
Q4 24
13.5%
Q3 24
7.9%
Q2 24
11.3%
Q1 24
11.1%
Cash Conversion
BKV
BKV
MCS
MCS
Q4 25
0.99×
Q3 25
0.97×
2.41×
Q2 25
0.73×
4.32×
Q1 25
Q4 24
53.31×
Q3 24
1.31×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BKV
BKV

Natural Gas NGL And Oil$249.3M97%
Related Party And Other$4.7M2%
Marketing$2.8M1%

MCS
MCS

Theatres$123.1M64%
Concessions$51.0M26%
Food And Beverage$21.2M11%

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