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Side-by-side financial comparison of FutureFuel Corp. (FF) and NATIONAL BANKSHARES INC (NKSH). Click either name above to swap in a different company.
FutureFuel Corp. is the larger business by last-quarter revenue ($19.8M vs $15.3M, roughly 1.3× NATIONAL BANKSHARES INC). NATIONAL BANKSHARES INC runs the higher net margin — 38.5% vs -60.5%, a 99.0% gap on every dollar of revenue. On growth, NATIONAL BANKSHARES INC posted the faster year-over-year revenue change (24.7% vs -67.7%). NATIONAL BANKSHARES INC produced more free cash flow last quarter ($15.2M vs $-29.9M). Over the past eight quarters, NATIONAL BANKSHARES INC's revenue compounded faster (20.9% CAGR vs -41.7%).
FutureFuel Corporation is a developer and producer of chemicals and biofuels. It is listed on the New York Stock Exchange, with symbol FF.
Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.
FF vs NKSH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $19.8M | $15.3M |
| Net Profit | $-12.0M | $5.9M |
| Gross Margin | -46.7% | — |
| Operating Margin | -62.9% | 47.4% |
| Net Margin | -60.5% | 38.5% |
| Revenue YoY | -67.7% | 24.7% |
| Net Profit YoY | -529.4% | 91.0% |
| EPS (diluted) | $-0.28 | $0.93 |
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 | $19.8M | $15.3M | ||
| Q3 25 | $22.7M | $14.2M | ||
| Q2 25 | $35.7M | $13.3M | ||
| Q1 25 | $17.5M | $12.8M | ||
| Q4 24 | $61.5M | $12.2M | ||
| Q3 24 | $51.1M | $11.7M | ||
| Q2 24 | $72.4M | $10.9M | ||
| Q1 24 | $58.3M | $10.4M |
| Q4 25 | $-12.0M | $5.9M | ||
| Q3 25 | $-9.3M | $4.4M | ||
| Q2 25 | $-10.4M | $2.3M | ||
| Q1 25 | $-17.6M | $3.2M | ||
| Q4 24 | $2.8M | $3.1M | ||
| Q3 24 | $-1.2M | $2.7M | ||
| Q2 24 | $9.6M | $-307.0K | ||
| Q1 24 | $4.3M | $2.2M |
| Q4 25 | -46.7% | — | ||
| Q3 25 | -30.1% | — | ||
| Q2 25 | -24.6% | — | ||
| Q1 25 | -83.0% | — | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 12.0% | — | ||
| Q1 24 | 8.6% | — |
| Q4 25 | -62.9% | 47.4% | ||
| Q3 25 | -42.9% | 37.9% | ||
| Q2 25 | -33.4% | 20.0% | ||
| Q1 25 | -107.4% | 30.5% | ||
| Q4 24 | 2.6% | 30.1% | ||
| Q3 24 | -5.6% | 27.5% | ||
| Q2 24 | 7.5% | -4.4% | ||
| Q1 24 | 3.8% | 25.8% |
| Q4 25 | -60.5% | 38.5% | ||
| Q3 25 | -41.1% | 31.1% | ||
| Q2 25 | -29.2% | 17.2% | ||
| Q1 25 | -100.6% | 25.3% | ||
| Q4 24 | 4.5% | 25.1% | ||
| Q3 24 | -2.3% | 22.8% | ||
| Q2 24 | 13.2% | -2.8% | ||
| Q1 24 | 7.4% | 20.8% |
| Q4 25 | $-0.28 | $0.93 | ||
| Q3 25 | $-0.21 | $0.69 | ||
| Q2 25 | $-0.24 | $0.36 | ||
| Q1 25 | $-0.40 | $0.51 | ||
| Q4 24 | $0.06 | $0.50 | ||
| Q3 24 | $-0.03 | $0.42 | ||
| Q2 24 | $0.22 | $-0.05 | ||
| Q1 24 | $0.10 | $0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $51.3M | $59.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $154.7M | $184.9M |
| Total Assets | $192.2M | $1.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $51.3M | $59.3M | ||
| Q3 25 | $85.6M | $42.3M | ||
| Q2 25 | $95.2M | $92.8M | ||
| Q1 25 | $97.1M | $122.5M | ||
| Q4 24 | $109.5M | $108.1M | ||
| Q3 24 | $133.4M | $49.8M | ||
| Q2 24 | $115.1M | $98.9M | ||
| Q1 24 | $201.1M | $121.2M |
| Q4 25 | $154.7M | $184.9M | ||
| Q3 25 | $169.1M | $179.2M | ||
| Q2 25 | $178.2M | $168.7M | ||
| Q1 25 | $188.4M | $167.3M | ||
| Q4 24 | $205.8M | $156.4M | ||
| Q3 24 | $213.3M | $167.8M | ||
| Q2 24 | $214.4M | $149.0M | ||
| Q1 24 | $204.8M | $139.4M |
| Q4 25 | $192.2M | $1.8B | ||
| Q3 25 | $203.5M | $1.8B | ||
| Q2 25 | $218.2M | $1.8B | ||
| Q1 25 | $227.7M | $1.8B | ||
| Q4 24 | $247.7M | $1.8B | ||
| Q3 24 | $256.5M | $1.8B | ||
| Q2 24 | $261.2M | $1.8B | ||
| Q1 24 | $365.4M | $1.7B |
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 | $-27.4M | $17.9M |
| Free Cash FlowOCF − Capex | $-29.9M | $15.2M |
| FCF MarginFCF / Revenue | -150.5% | 99.2% |
| Capex IntensityCapex / Revenue | 12.2% | 17.9% |
| Cash ConversionOCF / Net Profit | — | 3.04× |
| TTM Free Cash FlowTrailing 4 quarters | $-46.0M | $23.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-27.4M | $17.9M | ||
| Q3 25 | $-1.1M | $6.1M | ||
| Q2 25 | $5.2M | $2.1M | ||
| Q1 25 | $-5.4M | $2.6M | ||
| Q4 24 | $-16.6M | $9.4M | ||
| Q3 24 | $25.8M | $3.1M | ||
| Q2 24 | $27.8M | $-3.0M | ||
| Q1 24 | $-12.2M | $3.8M |
| Q4 25 | $-29.9M | $15.2M | ||
| Q3 25 | $-6.5M | $5.3M | ||
| Q2 25 | $-263.0K | $1.5M | ||
| Q1 25 | $-9.4M | $1.6M | ||
| Q4 24 | $-20.7M | $6.2M | ||
| Q3 24 | $20.5M | $2.2M | ||
| Q2 24 | $24.8M | $-4.0M | ||
| Q1 24 | $-14.5M | $3.5M |
| Q4 25 | -150.5% | 99.2% | ||
| Q3 25 | -28.5% | 37.4% | ||
| Q2 25 | -0.7% | 11.5% | ||
| Q1 25 | -53.6% | 12.5% | ||
| Q4 24 | -33.6% | 50.5% | ||
| Q3 24 | 40.1% | 18.5% | ||
| Q2 24 | 34.3% | -36.3% | ||
| Q1 24 | -24.9% | 33.8% |
| Q4 25 | 12.2% | 17.9% | ||
| Q3 25 | 23.5% | 5.6% | ||
| Q2 25 | 15.3% | 4.1% | ||
| Q1 25 | 22.8% | 7.5% | ||
| Q4 24 | 6.6% | 26.6% | ||
| Q3 24 | 10.4% | 8.3% | ||
| Q2 24 | 4.1% | 9.3% | ||
| Q1 24 | 3.9% | 3.0% |
| Q4 25 | — | 3.04× | ||
| Q3 25 | — | 1.38× | ||
| Q2 25 | — | 0.90× | ||
| Q1 25 | — | 0.79× | ||
| Q4 24 | -5.94× | 3.07× | ||
| Q3 24 | — | 1.17× | ||
| Q2 24 | 2.90× | — | ||
| Q1 24 | -2.82× | 1.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FF
| Chemicals | $18.0M | 91% |
| Biofuels | $1.8M | 9% |
NKSH
Segment breakdown not available.
