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Side-by-side financial comparison of Dynatrace, Inc. (DT) 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 ($637.9M vs $515.5M, roughly 1.2× Dynatrace, Inc.). NATIONAL FUEL GAS CO runs the higher net margin — 28.5% vs 7.8%, a 20.7% gap on every dollar of revenue. On growth, NATIONAL FUEL GAS CO posted the faster year-over-year revenue change (24.1% vs 18.2%). Dynatrace, Inc. produced more free cash flow last quarter ($27.2M vs $-2.7M). Over the past eight quarters, Dynatrace, Inc.'s revenue compounded faster (16.3% CAGR vs 6.9%).
Dynatrace, Inc. is an American multinational technology company that provides an AI-powered observability platform. Their software is used to monitor, analyze, and optimize application performance, software development, cyber security practices, IT infrastructure, and user experience.
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.
DT vs NFG — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $515.5M | $637.9M |
| Net Profit | $40.1M | $181.6M |
| Gross Margin | 81.4% | 86.6% |
| Operating Margin | 14.1% | 43.3% |
| Net Margin | 7.8% | 28.5% |
| Revenue YoY | 18.2% | 24.1% |
| Net Profit YoY | -88.9% | 303.8% |
| EPS (diluted) | $0.13 | $1.98 |
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.
| Q4 25 | $515.5M | $637.9M | ||
| Q3 25 | $493.8M | $443.1M | ||
| Q2 25 | $477.3M | $527.4M | ||
| Q1 25 | $445.2M | $734.8M | ||
| Q4 24 | $436.2M | $513.8M | ||
| Q3 24 | $418.1M | $310.0M | ||
| Q2 24 | $399.2M | $338.6M | ||
| Q1 24 | $380.8M | $558.7M |
| Q4 25 | $40.1M | $181.6M | ||
| Q3 25 | $57.2M | $107.3M | ||
| Q2 25 | $48.0M | $149.8M | ||
| Q1 25 | $39.3M | $216.4M | ||
| Q4 24 | $361.8M | $45.0M | ||
| Q3 24 | $44.0M | $-167.6M | ||
| Q2 24 | $38.6M | $-54.2M | ||
| Q1 24 | $37.9M | $166.3M |
| Q4 25 | 81.4% | 86.6% | ||
| Q3 25 | 81.8% | — | ||
| Q2 25 | 82.1% | 94.7% | ||
| Q1 25 | 80.9% | 81.6% | ||
| Q4 24 | 81.1% | 87.3% | ||
| Q3 24 | 81.4% | — | ||
| Q2 24 | 81.3% | 98.5% | ||
| Q1 24 | 81.1% | 81.0% |
| Q4 25 | 14.1% | 43.3% | ||
| Q3 25 | 14.8% | 40.6% | ||
| Q2 25 | 13.1% | 43.7% | ||
| Q1 25 | 9.6% | 43.2% | ||
| Q4 24 | 10.9% | 16.8% | ||
| Q3 24 | 11.2% | -63.4% | ||
| Q2 24 | 10.5% | -15.2% | ||
| Q1 24 | 6.1% | 44.9% |
| Q4 25 | 7.8% | 28.5% | ||
| Q3 25 | 11.6% | 24.2% | ||
| Q2 25 | 10.0% | 28.4% | ||
| Q1 25 | 8.8% | 29.4% | ||
| Q4 24 | 82.9% | 8.8% | ||
| Q3 24 | 10.5% | -54.1% | ||
| Q2 24 | 9.7% | -16.0% | ||
| Q1 24 | 10.0% | 29.8% |
| Q4 25 | $0.13 | $1.98 | ||
| Q3 25 | $0.19 | $1.18 | ||
| Q2 25 | $0.16 | $1.64 | ||
| Q1 25 | $0.12 | $2.37 | ||
| Q4 24 | $1.19 | $0.49 | ||
| Q3 24 | $0.15 | $-1.81 | ||
| Q2 24 | $0.13 | $-0.59 | ||
| Q1 24 | $0.13 | $1.80 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $271.4M |
| Total DebtLower is stronger | — | $2.7B |
| Stockholders' EquityBook value | $2.7B | $3.6B |
| Total Assets | $4.1B | $9.2B |
| Debt / EquityLower = less leverage | — | 0.75× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $271.4M | ||
| Q3 25 | $1.3B | $43.2M | ||
| Q2 25 | $1.3B | $39.3M | ||
| Q1 25 | $1.1B | $40.0M | ||
| Q4 24 | $1.0B | $48.7M | ||
| Q3 24 | $1.0B | $38.2M | ||
| Q2 24 | $1.0B | $81.4M | ||
| Q1 24 | $836.9M | $50.8M |
| 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 | ||
| Q1 24 | — | $2.4B |
| Q4 25 | $2.7B | $3.6B | ||
| Q3 25 | $2.8B | $3.1B | ||
| Q2 25 | $2.7B | $3.0B | ||
| Q1 25 | $2.6B | $2.8B | ||
| Q4 24 | $2.6B | $-76.2M | ||
| Q3 24 | $2.1B | $-15.5M | ||
| Q2 24 | $2.1B | $5.0M | ||
| Q1 24 | $2.0B | $75.3M |
| Q4 25 | $4.1B | $9.2B | ||
| Q3 25 | $4.1B | $8.7B | ||
| Q2 25 | $4.1B | $8.4B | ||
| Q1 25 | $4.1B | $8.5B | ||
| Q4 24 | $3.7B | $8.3B | ||
| Q3 24 | $3.3B | $8.3B | ||
| Q2 24 | $3.3B | $8.5B | ||
| Q1 24 | $3.4B | $8.7B |
| Q4 25 | — | 0.75× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.90× | ||
| Q1 25 | — | 0.99× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 532.10× | ||
| Q1 24 | — | 31.68× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $33.8M | $274.9M |
| Free Cash FlowOCF − Capex | $27.2M | $-2.7M |
| FCF MarginFCF / Revenue | 5.3% | -0.4% |
| Capex IntensityCapex / Revenue | 1.3% | 43.5% |
| Cash ConversionOCF / Net Profit | 0.84× | 1.51× |
| TTM Free Cash FlowTrailing 4 quarters | $465.5M | $204.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $33.8M | $274.9M | ||
| Q3 25 | $32.0M | $237.8M | ||
| Q2 25 | $269.7M | $388.4M | ||
| Q1 25 | $162.8M | $253.8M | ||
| Q4 24 | $42.2M | $220.1M | ||
| Q3 24 | $23.6M | $197.9M | ||
| Q2 24 | $230.7M | $281.8M | ||
| Q1 24 | $131.7M | $315.3M |
| Q4 25 | $27.2M | $-2.7M | ||
| Q3 25 | $27.8M | $-47.8M | ||
| Q2 25 | $262.2M | $195.3M | ||
| Q1 25 | $148.2M | $59.9M | ||
| Q4 24 | $37.6M | $-20.3M | ||
| Q3 24 | $20.1M | $-49.1M | ||
| Q2 24 | $227.4M | $79.5M | ||
| Q1 24 | $121.9M | $80.3M |
| Q4 25 | 5.3% | -0.4% | ||
| Q3 25 | 5.6% | -10.8% | ||
| Q2 25 | 54.9% | 37.0% | ||
| Q1 25 | 33.3% | 8.2% | ||
| Q4 24 | 8.6% | -4.0% | ||
| Q3 24 | 4.8% | -15.8% | ||
| Q2 24 | 57.0% | 23.5% | ||
| Q1 24 | 32.0% | 14.4% |
| Q4 25 | 1.3% | 43.5% | ||
| Q3 25 | 0.8% | 64.4% | ||
| Q2 25 | 1.6% | 36.6% | ||
| Q1 25 | 3.3% | 26.4% | ||
| Q4 24 | 1.1% | 46.8% | ||
| Q3 24 | 0.8% | 79.7% | ||
| Q2 24 | 0.8% | 59.7% | ||
| Q1 24 | 2.6% | 42.1% |
| Q4 25 | 0.84× | 1.51× | ||
| Q3 25 | 0.56× | 2.21× | ||
| Q2 25 | 5.62× | 2.59× | ||
| Q1 25 | 4.14× | 1.17× | ||
| Q4 24 | 0.12× | 4.89× | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 5.97× | — | ||
| Q1 24 | 3.47× | 1.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DT
| Subscription And Circulation | $493.4M | 96% |
| Services | $22.1M | 4% |
NFG
| Natural Gas Production | $302.5M | 47% |
| Natural Gas Residential Sales | $198.0M | 31% |
| Pipeline And Storage | $69.2M | 11% |
| Natural Gas Commercial Sales | $27.9M | 4% |
| Natural Gas Storage | $25.1M | 4% |
| Other | $4.1M | 1% |
| Natural Gas Midstream | $2.8M | 0% |
