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Side-by-side financial comparison of AMCON DISTRIBUTING CO (DIT) and MACH NATURAL RESOURCES LP (MNR). Click either name above to swap in a different company.

AMCON DISTRIBUTING CO is the larger business by last-quarter revenue ($730.1M vs $387.5M, roughly 1.9× MACH NATURAL RESOURCES LP). MACH NATURAL RESOURCES LP runs the higher net margin — 18.9% vs 0.1%, a 18.8% gap on every dollar of revenue. On growth, MACH NATURAL RESOURCES LP posted the faster year-over-year revenue change (65.0% vs 2.6%). Over the past eight quarters, MACH NATURAL RESOURCES LP's revenue compounded faster (27.3% CAGR vs 10.1%).

AMCON Distributing Co is a US-based consumer product distribution firm offering groceries, beverages, health and beauty products, tobacco, and general merchandise. It primarily serves independent convenience stores, grocery retailers, pharmacies, and small retail outlets across the continental United States.

Mach Natural Resources LP is a US-based upstream energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. Its core operations are located in onshore US hydrocarbon basins including the Permian Basin, prioritizing low-cost, high-yield assets to drive sustainable returns for stakeholders.

DIT vs MNR — Head-to-Head

Bigger by revenue
DIT
DIT
1.9× larger
DIT
$730.1M
$387.5M
MNR
Growing faster (revenue YoY)
MNR
MNR
+62.3% gap
MNR
65.0%
2.6%
DIT
Higher net margin
MNR
MNR
18.8% more per $
MNR
18.9%
0.1%
DIT
Faster 2-yr revenue CAGR
MNR
MNR
Annualised
MNR
27.3%
10.1%
DIT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DIT
DIT
MNR
MNR
Revenue
$730.1M
$387.5M
Net Profit
$793.0K
$73.1M
Gross Margin
6.6%
Operating Margin
0.5%
26.1%
Net Margin
0.1%
18.9%
Revenue YoY
2.6%
65.0%
Net Profit YoY
127.6%
100.2%
EPS (diluted)
$1.28
$0.47

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
DIT
DIT
MNR
MNR
Q4 25
$730.1M
$387.5M
Q3 25
$746.3M
$272.6M
Q2 25
$739.6M
$288.5M
Q1 25
$619.5M
$226.8M
Q4 24
$711.3M
$234.9M
Q3 24
$746.3M
$255.5M
Q2 24
$717.9M
$240.0M
Q1 24
$601.9M
$239.2M
Net Profit
DIT
DIT
MNR
MNR
Q4 25
$793.0K
$73.1M
Q3 25
$491.7K
$-35.7M
Q2 25
$1.3M
$89.7M
Q1 25
$-1.6M
$15.9M
Q4 24
$348.4K
$36.5M
Q3 24
$1.2M
$67.4M
Q2 24
$1.5M
$39.5M
Q1 24
$539.5K
$41.7M
Gross Margin
DIT
DIT
MNR
MNR
Q4 25
6.6%
Q3 25
6.5%
Q2 25
6.7%
Q1 25
6.9%
Q4 24
6.6%
Q3 24
6.5%
Q2 24
6.7%
Q1 24
7.0%
Operating Margin
DIT
DIT
MNR
MNR
Q4 25
0.5%
26.1%
Q3 25
0.5%
-7.0%
Q2 25
0.7%
38.6%
Q1 25
0.1%
22.8%
Q4 24
0.5%
24.9%
Q3 24
0.7%
37.1%
Q2 24
0.8%
29.4%
Q1 24
0.6%
28.1%
Net Margin
DIT
DIT
MNR
MNR
Q4 25
0.1%
18.9%
Q3 25
0.1%
-13.1%
Q2 25
0.2%
31.1%
Q1 25
-0.3%
7.0%
Q4 24
0.0%
15.5%
Q3 24
0.2%
26.4%
Q2 24
0.2%
16.5%
Q1 24
0.1%
17.4%
EPS (diluted)
DIT
DIT
MNR
MNR
Q4 25
$1.28
$0.47
Q3 25
$0.80
$-0.28
Q2 25
$2.13
$0.76
Q1 25
$-2.58
$0.14
Q4 24
$0.57
$0.34
Q3 24
$2.02
$0.70
Q2 24
$2.46
$0.42
Q1 24
$0.89
$0.44

Balance Sheet & Financial Strength

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

Metric
DIT
DIT
MNR
MNR
Cash + ST InvestmentsLiquidity on hand
$42.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$114.1M
Total Assets
$378.7M
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DIT
DIT
MNR
MNR
Q4 25
$42.6M
Q3 25
$53.6M
Q2 25
$13.8M
Q1 25
$7.8M
Q4 24
$105.8M
Q3 24
$184.5M
Q2 24
$144.6M
Q1 24
$151.3M
Total Debt
DIT
DIT
MNR
MNR
Q4 25
Q3 25
$16.5M
Q2 25
Q1 25
Q4 24
Q3 24
$21.8M
Q2 24
$23.3M
Q1 24
$20.5M
Stockholders' Equity
DIT
DIT
MNR
MNR
Q4 25
$114.1M
Q3 25
$113.1M
Q2 25
$113.2M
Q1 25
$111.4M
Q4 24
$112.4M
Q3 24
$111.7M
Q2 24
$110.0M
Q1 24
$108.0M
Total Assets
DIT
DIT
MNR
MNR
Q4 25
$378.7M
$3.8B
Q3 25
$391.1M
$3.8B
Q2 25
$393.9M
$2.3B
Q1 25
$392.0M
$2.2B
Q4 24
$404.7M
$2.3B
Q3 24
$374.1M
$2.3B
Q2 24
$400.6M
$2.2B
Q1 24
$336.2M
$2.3B
Debt / Equity
DIT
DIT
MNR
MNR
Q4 25
Q3 25
0.15×
Q2 25
Q1 25
Q4 24
Q3 24
0.19×
Q2 24
0.21×
Q1 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
DIT
DIT
MNR
MNR
Operating Cash FlowLast quarter
$-11.7M
$128.7M
Free Cash FlowOCF − Capex
$-12.4M
FCF MarginFCF / Revenue
-1.7%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
-14.75×
1.76×
TTM Free Cash FlowTrailing 4 quarters
$40.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DIT
DIT
MNR
MNR
Q4 25
$-11.7M
$128.7M
Q3 25
$31.1M
$105.5M
Q2 25
$-7.0M
$130.1M
Q1 25
$34.4M
$142.5M
Q4 24
$-39.9M
$133.7M
Q3 24
$41.0M
$110.8M
Q2 24
$-26.9M
$116.8M
Q1 24
$48.8M
$144.0M
Free Cash Flow
DIT
DIT
MNR
MNR
Q4 25
$-12.4M
Q3 25
$30.4M
Q2 25
$-8.8M
Q1 25
$31.4M
Q4 24
$-43.3M
Q3 24
$37.4M
Q2 24
$-32.6M
Q1 24
$41.6M
FCF Margin
DIT
DIT
MNR
MNR
Q4 25
-1.7%
Q3 25
4.1%
Q2 25
-1.2%
Q1 25
5.1%
Q4 24
-6.1%
Q3 24
5.0%
Q2 24
-4.5%
Q1 24
6.9%
Capex Intensity
DIT
DIT
MNR
MNR
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.2%
Q1 25
0.5%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.8%
Q1 24
1.2%
Cash Conversion
DIT
DIT
MNR
MNR
Q4 25
-14.75×
1.76×
Q3 25
63.32×
Q2 25
-5.33×
1.45×
Q1 25
8.97×
Q4 24
-114.43×
3.66×
Q3 24
33.16×
1.64×
Q2 24
-18.05×
2.96×
Q1 24
90.37×
3.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DIT
DIT

Cigarettes$446.5M61%
Tobacco$143.7M20%
Tobacco Food Service And Other$82.3M11%
Confectionery$46.7M6%
Retail Segment$10.8M1%

MNR
MNR

Oil Gas And Natural Gas Liquids Net$331.0M85%
Natural Gas Liquids Reserves$44.8M12%
Natural Gas Midstream$8.6M2%
Products$6.3M2%

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