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Side-by-side financial comparison of Douglas Elliman Inc. (DOUG) and NATIONAL FUEL GAS CO (NFG). Click either name above to swap in a different company.

NATIONAL FUEL GAS CO is the larger business by last-quarter revenue ($425.9M vs $245.4M, roughly 1.7× Douglas Elliman Inc.). NATIONAL FUEL GAS CO runs the higher net margin — 35.7% vs 27.9%, a 7.8% gap on every dollar of revenue. On growth, NATIONAL FUEL GAS CO posted the faster year-over-year revenue change (1.7% vs 0.9%). Over the past eight quarters, NATIONAL FUEL GAS CO's revenue compounded faster (12.1% CAGR vs 10.7%).

Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.

National Fuel Gas Company is a diversified energy company with $6.2 billion in assets distributed among the following five operating segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. National Fuel Gas was incorporated in 1902 and is based in Williamsville, New York.

DOUG vs NFG — Head-to-Head

Bigger by revenue
NFG
NFG
1.7× larger
NFG
$425.9M
$245.4M
DOUG
Growing faster (revenue YoY)
NFG
NFG
+0.9% gap
NFG
1.7%
0.9%
DOUG
Higher net margin
NFG
NFG
7.8% more per $
NFG
35.7%
27.9%
DOUG
Faster 2-yr revenue CAGR
NFG
NFG
Annualised
NFG
12.1%
10.7%
DOUG

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DOUG
DOUG
NFG
NFG
Revenue
$245.4M
$425.9M
Net Profit
$68.6M
$152.0M
Gross Margin
Operating Margin
27.3%
81.5%
Net Margin
27.9%
35.7%
Revenue YoY
0.9%
1.7%
Net Profit YoY
1243.4%
EPS (diluted)
$0.80
$1.59

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
DOUG
DOUG
NFG
NFG
Q1 26
$425.9M
Q4 25
$245.4M
$637.9M
Q3 25
$262.8M
$443.1M
Q2 25
$271.4M
$527.4M
Q1 25
$253.4M
$734.8M
Q4 24
$243.3M
$513.8M
Q3 24
$266.3M
$310.0M
Q2 24
$285.8M
$338.6M
Net Profit
DOUG
DOUG
NFG
NFG
Q1 26
$152.0M
Q4 25
$68.6M
$181.6M
Q3 25
$-24.7M
$107.3M
Q2 25
$-22.7M
$149.8M
Q1 25
$-6.0M
$216.4M
Q4 24
$-6.0M
$45.0M
Q3 24
$-27.2M
$-167.6M
Q2 24
$-1.7M
$-54.2M
Gross Margin
DOUG
DOUG
NFG
NFG
Q1 26
Q4 25
86.6%
Q3 25
Q2 25
94.7%
Q1 25
81.6%
Q4 24
87.3%
Q3 24
Q2 24
98.5%
Operating Margin
DOUG
DOUG
NFG
NFG
Q1 26
81.5%
Q4 25
27.3%
43.3%
Q3 25
-4.1%
40.6%
Q2 25
-2.0%
43.7%
Q1 25
-2.1%
43.2%
Q4 24
-6.7%
16.8%
Q3 24
-2.8%
-63.4%
Q2 24
-1.3%
-15.2%
Net Margin
DOUG
DOUG
NFG
NFG
Q1 26
35.7%
Q4 25
27.9%
28.5%
Q3 25
-9.4%
24.2%
Q2 25
-8.4%
28.4%
Q1 25
-2.4%
29.4%
Q4 24
-2.5%
8.8%
Q3 24
-10.2%
-54.1%
Q2 24
-0.6%
-16.0%
EPS (diluted)
DOUG
DOUG
NFG
NFG
Q1 26
$1.59
Q4 25
$0.80
$1.98
Q3 25
$-0.29
$1.18
Q2 25
$-0.27
$1.64
Q1 25
$-0.07
$2.37
Q4 24
$-0.06
$0.49
Q3 24
$-0.33
$-1.81
Q2 24
$-0.02
$-0.59

Balance Sheet & Financial Strength

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

Metric
DOUG
DOUG
NFG
NFG
Cash + ST InvestmentsLiquidity on hand
$115.5M
Total DebtLower is stronger
$300.0M
Stockholders' EquityBook value
$183.9M
Total Assets
$444.4M
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOUG
DOUG
NFG
NFG
Q1 26
Q4 25
$115.5M
$271.4M
Q3 25
$143.0M
$43.2M
Q2 25
$136.3M
$39.3M
Q1 25
$136.8M
$40.0M
Q4 24
$145.5M
$48.7M
Q3 24
$151.4M
$38.2M
Q2 24
$92.9M
$81.4M
Total Debt
DOUG
DOUG
NFG
NFG
Q1 26
$300.0M
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.7B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.7B
Q2 24
$2.7B
Stockholders' Equity
DOUG
DOUG
NFG
NFG
Q1 26
Q4 25
$183.9M
$3.6B
Q3 25
$115.1M
$3.1B
Q2 25
$137.6M
$3.0B
Q1 25
$158.2M
$2.8B
Q4 24
$162.2M
$-76.2M
Q3 24
$173.6M
$-15.5M
Q2 24
$196.9M
$5.0M
Total Assets
DOUG
DOUG
NFG
NFG
Q1 26
$9.1B
Q4 25
$444.4M
$9.2B
Q3 25
$480.6M
$8.7B
Q2 25
$489.0M
$8.4B
Q1 25
$493.9M
$8.5B
Q4 24
$493.9M
$8.3B
Q3 24
$502.7M
$8.3B
Q2 24
$463.9M
$8.5B
Debt / Equity
DOUG
DOUG
NFG
NFG
Q1 26
Q4 25
0.75×
Q3 25
0.87×
Q2 25
0.90×
Q1 25
0.99×
Q4 24
Q3 24
Q2 24
532.10×

Cash Flow & Capital Efficiency

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

Metric
DOUG
DOUG
NFG
NFG
Operating Cash FlowLast quarter
$-14.4M
$657.3M
Free Cash FlowOCF − Capex
$-14.7M
FCF MarginFCF / Revenue
-6.0%
Capex IntensityCapex / Revenue
0.1%
117.0%
Cash ConversionOCF / Net Profit
-0.21×
4.32×
TTM Free Cash FlowTrailing 4 quarters
$-17.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOUG
DOUG
NFG
NFG
Q1 26
$657.3M
Q4 25
$-14.4M
$274.9M
Q3 25
$5.5M
$237.8M
Q2 25
$642.0K
$388.4M
Q1 25
$-5.6M
$253.8M
Q4 24
$-9.0M
$220.1M
Q3 24
$9.0M
$197.9M
Q2 24
$1.3M
$281.8M
Free Cash Flow
DOUG
DOUG
NFG
NFG
Q1 26
Q4 25
$-14.7M
$-2.7M
Q3 25
$4.7M
$-47.8M
Q2 25
$-575.0K
$195.3M
Q1 25
$-6.7M
$59.9M
Q4 24
$-10.2M
$-20.3M
Q3 24
$7.7M
$-49.1M
Q2 24
$432.0K
$79.5M
FCF Margin
DOUG
DOUG
NFG
NFG
Q1 26
Q4 25
-6.0%
-0.4%
Q3 25
1.8%
-10.8%
Q2 25
-0.2%
37.0%
Q1 25
-2.6%
8.2%
Q4 24
-4.2%
-4.0%
Q3 24
2.9%
-15.8%
Q2 24
0.2%
23.5%
Capex Intensity
DOUG
DOUG
NFG
NFG
Q1 26
117.0%
Q4 25
0.1%
43.5%
Q3 25
0.3%
64.4%
Q2 25
0.4%
36.6%
Q1 25
0.4%
26.4%
Q4 24
0.5%
46.8%
Q3 24
0.5%
79.7%
Q2 24
0.3%
59.7%
Cash Conversion
DOUG
DOUG
NFG
NFG
Q1 26
4.32×
Q4 25
-0.21×
1.51×
Q3 25
2.21×
Q2 25
2.59×
Q1 25
1.17×
Q4 24
4.89×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DOUG
DOUG

Commissions And Other Brokerage Income$240.3M98%
Property Management Income$2.8M1%
Property Management$2.2M1%

NFG
NFG

Revenues from External Customers$425.8M100%
Intersegment Revenues$126.0K0%

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