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Side-by-side financial comparison of Commercial Vehicle Group, Inc. (CVGI) and National Bank Holdings Corp (NBHC). Click either name above to swap in a different company.

Commercial Vehicle Group, Inc. is the larger business by last-quarter revenue ($154.8M vs $126.8M, roughly 1.2× National Bank Holdings Corp). Over the past eight quarters, National Bank Holdings Corp's revenue compounded faster (14.0% CAGR vs -10.8%).

WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they ...

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

CVGI vs NBHC — Head-to-Head

Bigger by revenue
CVGI
CVGI
1.2× larger
CVGI
$154.8M
$126.8M
NBHC
Faster 2-yr revenue CAGR
NBHC
NBHC
Annualised
NBHC
14.0%
-10.8%
CVGI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVGI
CVGI
NBHC
NBHC
Revenue
$154.8M
$126.8M
Net Profit
$20.8M
Gross Margin
9.7%
Operating Margin
-1.2%
Net Margin
16.4%
Revenue YoY
-5.2%
Net Profit YoY
-14.2%
EPS (diluted)
$0.46

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
CVGI
CVGI
NBHC
NBHC
Q1 26
$126.8M
Q4 25
$154.8M
$100.6M
Q3 25
$152.5M
$108.9M
Q2 25
$172.0M
$104.5M
Q1 25
$169.8M
$102.1M
Q4 24
$163.3M
$101.3M
Q3 24
$171.8M
$106.0M
Q2 24
$193.7M
$97.6M
Net Profit
CVGI
CVGI
NBHC
NBHC
Q1 26
$20.8M
Q4 25
$16.0M
Q3 25
$-7.1M
$35.3M
Q2 25
$-4.8M
$34.0M
Q1 25
$-4.3M
$24.2M
Q4 24
$28.2M
Q3 24
$9.5M
$33.1M
Q2 24
$-1.6M
$26.1M
Gross Margin
CVGI
CVGI
NBHC
NBHC
Q1 26
Q4 25
9.7%
Q3 25
10.5%
Q2 25
11.4%
Q1 25
10.5%
Q4 24
8.0%
Q3 24
9.6%
Q2 24
10.6%
Operating Margin
CVGI
CVGI
NBHC
NBHC
Q1 26
Q4 25
-1.2%
19.0%
Q3 25
-0.7%
39.6%
Q2 25
0.5%
39.8%
Q1 25
0.8%
29.2%
Q4 24
-3.2%
34.3%
Q3 24
-0.6%
37.6%
Q2 24
0.5%
32.5%
Net Margin
CVGI
CVGI
NBHC
NBHC
Q1 26
16.4%
Q4 25
15.9%
Q3 25
-4.6%
32.4%
Q2 25
-2.8%
32.6%
Q1 25
-2.5%
23.7%
Q4 24
27.8%
Q3 24
5.5%
31.2%
Q2 24
-0.8%
26.8%
EPS (diluted)
CVGI
CVGI
NBHC
NBHC
Q1 26
$0.46
Q4 25
$0.42
Q3 25
$0.92
Q2 25
$0.88
Q1 25
$0.63
Q4 24
$0.72
Q3 24
$0.86
Q2 24
$-0.05
$0.68

Balance Sheet & Financial Strength

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

Metric
CVGI
CVGI
NBHC
NBHC
Cash + ST InvestmentsLiquidity on hand
$472.8M
Total DebtLower is stronger
$104.9M
$202.1M
Stockholders' EquityBook value
$133.4M
$1.7B
Total Assets
$391.7M
$12.6B
Debt / EquityLower = less leverage
0.79×
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVGI
CVGI
NBHC
NBHC
Q1 26
$472.8M
Q4 25
$417.1M
Q3 25
$555.6M
Q2 25
$296.5M
Q1 25
$246.3M
Q4 24
$127.8M
Q3 24
$180.8M
Q2 24
$145.0M
Total Debt
CVGI
CVGI
NBHC
NBHC
Q1 26
$202.1M
Q4 25
$104.9M
$54.5M
Q3 25
$108.2M
$54.7M
Q2 25
$118.2M
$54.4M
Q1 25
$117.4M
$54.6M
Q4 24
$135.5M
$54.5M
Q3 24
$128.8M
$54.4M
Q2 24
$142.0M
$54.4M
Stockholders' Equity
CVGI
CVGI
NBHC
NBHC
Q1 26
$1.7B
Q4 25
$133.4M
$1.4B
Q3 25
$136.5M
$1.4B
Q2 25
$142.6M
$1.4B
Q1 25
$136.7M
$1.3B
Q4 24
$135.6M
$1.3B
Q3 24
$179.3M
$1.3B
Q2 24
$169.6M
$1.2B
Total Assets
CVGI
CVGI
NBHC
NBHC
Q1 26
$12.6B
Q4 25
$391.7M
$9.9B
Q3 25
$400.3M
$10.2B
Q2 25
$429.8M
$10.0B
Q1 25
$419.8M
$10.1B
Q4 24
$424.6M
$9.8B
Q3 24
$495.3M
$10.0B
Q2 24
$503.2M
$10.0B
Debt / Equity
CVGI
CVGI
NBHC
NBHC
Q1 26
0.12×
Q4 25
0.79×
0.04×
Q3 25
0.79×
0.04×
Q2 25
0.83×
0.04×
Q1 25
0.86×
0.04×
Q4 24
1.00×
0.04×
Q3 24
0.72×
0.04×
Q2 24
0.84×
0.04×

Cash Flow & Capital Efficiency

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

Metric
CVGI
CVGI
NBHC
NBHC
Operating Cash FlowLast quarter
$12.3M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVGI
CVGI
NBHC
NBHC
Q1 26
Q4 25
$12.3M
$162.4M
Q3 25
$-1.7M
$52.4M
Q2 25
$18.9M
$32.3M
Q1 25
$15.2M
$39.6M
Q4 24
$-26.6M
$155.3M
Q3 24
$-17.1M
$47.0M
Q2 24
$12.6M
$31.9M
Free Cash Flow
CVGI
CVGI
NBHC
NBHC
Q1 26
Q4 25
$8.7M
Q3 25
$-3.5M
Q2 25
$17.4M
Q1 25
$11.4M
Q4 24
$-30.6M
Q3 24
$-20.3M
Q2 24
$6.4M
FCF Margin
CVGI
CVGI
NBHC
NBHC
Q1 26
Q4 25
5.6%
Q3 25
-2.3%
Q2 25
10.1%
Q1 25
6.7%
Q4 24
-18.7%
Q3 24
-11.8%
Q2 24
3.3%
Capex Intensity
CVGI
CVGI
NBHC
NBHC
Q1 26
Q4 25
2.3%
Q3 25
1.2%
Q2 25
0.9%
Q1 25
2.2%
Q4 24
2.4%
Q3 24
1.9%
Q2 24
3.2%
Cash Conversion
CVGI
CVGI
NBHC
NBHC
Q1 26
Q4 25
10.13×
Q3 25
1.48×
Q2 25
0.95×
Q1 25
1.64×
Q4 24
5.51×
Q3 24
-1.79×
1.42×
Q2 24
1.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVGI
CVGI

Global Seating$70.7M46%
Global Electrical Systems$49.7M32%
Trim Systems And Components$34.4M22%

NBHC
NBHC

Net Interest Income$108.8M86%
Noninterest Income$18.0M14%

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