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Side-by-side financial comparison of FinVolution Group (FINV) and Northwest Natural Holding Co (NWN). Click either name above to swap in a different company.

FinVolution Group is the larger business by last-quarter revenue ($479.7M vs $394.2M, roughly 1.2× Northwest Natural Holding Co). FinVolution Group produced more free cash flow last quarter ($70.6M vs $-131.0M).

Volution Group plc is a manufacturer of ventilation equipment for commercial and residential customers. Based in Crawley, West Sussex, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

NW Natural, formerly Northwest Natural Gas Company, is an American publicly traded utility headquartered in Portland, Oregon, United States. Primarily a natural gas distributor, the company services residential, commercial, and industrial customers in Western Oregon and Southwest Washington in the Pacific Northwest. NW Natural also owns water utilities. Founded in 1859, the company has approximately 800,000 customers and revenues of over $1 billion annually.

FINV vs NWN — Head-to-Head

Bigger by revenue
FINV
FINV
1.2× larger
FINV
$479.7M
$394.2M
NWN
More free cash flow
FINV
FINV
$201.6M more FCF
FINV
$70.6M
$-131.0M
NWN

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
FINV
FINV
NWN
NWN
Revenue
$479.7M
$394.2M
Net Profit
$101.7M
Gross Margin
Operating Margin
44.6%
28.4%
Net Margin
21.2%
Revenue YoY
6.3%
Net Profit YoY
EPS (diluted)
$1.38

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
FINV
FINV
NWN
NWN
Q4 25
$394.2M
Q3 25
$164.7M
Q2 25
$236.2M
Q1 25
$479.7M
$494.3M
Q4 24
$370.9M
Q3 24
$136.9M
Q2 24
$211.7M
Q1 24
$433.5M
Net Profit
FINV
FINV
NWN
NWN
Q4 25
Q3 25
$-29.9M
Q2 25
$-2.5M
Q1 25
$101.7M
$87.9M
Q4 24
Q3 24
$-27.2M
Q2 24
$-2.8M
Q1 24
$63.8M
Operating Margin
FINV
FINV
NWN
NWN
Q4 25
28.4%
Q3 25
-7.5%
Q2 25
11.5%
Q1 25
44.6%
31.2%
Q4 24
22.9%
Q3 24
-14.1%
Q2 24
7.4%
Q1 24
25.3%
Net Margin
FINV
FINV
NWN
NWN
Q4 25
Q3 25
-18.1%
Q2 25
-1.1%
Q1 25
21.2%
17.8%
Q4 24
Q3 24
-19.8%
Q2 24
-1.3%
Q1 24
14.7%
EPS (diluted)
FINV
FINV
NWN
NWN
Q4 25
$1.38
Q3 25
$-0.73
Q2 25
$-0.06
Q1 25
$2.18
Q4 24
$1.12
Q3 24
$-0.71
Q2 24
$-0.07
Q1 24
$1.69

Balance Sheet & Financial Strength

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

Metric
FINV
FINV
NWN
NWN
Cash + ST InvestmentsLiquidity on hand
$745.0M
$36.7M
Total DebtLower is stronger
$2.4B
Stockholders' EquityBook value
$1.5B
Total Assets
$3.4B
$6.2B
Debt / EquityLower = less leverage
1.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FINV
FINV
NWN
NWN
Q4 25
$36.7M
Q3 25
$32.2M
Q2 25
$102.6M
Q1 25
$745.0M
$100.0M
Q4 24
$38.5M
Q3 24
$35.0M
Q2 24
$65.2M
Q1 24
$72.4M
Total Debt
FINV
FINV
NWN
NWN
Q4 25
$2.4B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.6B
Stockholders' Equity
FINV
FINV
NWN
NWN
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.3B
Q1 24
$1.3B
Total Assets
FINV
FINV
NWN
NWN
Q4 25
$6.2B
Q3 25
$5.9B
Q2 25
$5.8B
Q1 25
$3.4B
$5.7B
Q4 24
$5.2B
Q3 24
$4.9B
Q2 24
$4.8B
Q1 24
$4.8B
Debt / Equity
FINV
FINV
NWN
NWN
Q4 25
1.65×
Q3 25
1.56×
Q2 25
1.53×
Q1 25
1.53×
Q4 24
1.23×
Q3 24
1.16×
Q2 24
1.17×
Q1 24
1.17×

Cash Flow & Capital Efficiency

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

Metric
FINV
FINV
NWN
NWN
Operating Cash FlowLast quarter
$72.0M
$3.3M
Free Cash FlowOCF − Capex
$70.6M
$-131.0M
FCF MarginFCF / Revenue
14.7%
-33.2%
Capex IntensityCapex / Revenue
0.3%
34.1%
Cash ConversionOCF / Net Profit
0.71×
TTM Free Cash FlowTrailing 4 quarters
$-197.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FINV
FINV
NWN
NWN
Q4 25
$3.3M
Q3 25
$-15.9M
Q2 25
$102.2M
Q1 25
$72.0M
$179.6M
Q4 24
$-19.4M
Q3 24
$-26.4M
Q2 24
$121.0M
Q1 24
$125.0M
Free Cash Flow
FINV
FINV
NWN
NWN
Q4 25
$-131.0M
Q3 25
$-125.9M
Q2 25
$-18.3M
Q1 25
$70.6M
$77.4M
Q4 24
$-119.6M
Q3 24
$-121.7M
Q2 24
$4.3M
Q1 24
$42.8M
FCF Margin
FINV
FINV
NWN
NWN
Q4 25
-33.2%
Q3 25
-76.4%
Q2 25
-7.8%
Q1 25
14.7%
15.7%
Q4 24
-32.2%
Q3 24
-88.9%
Q2 24
2.0%
Q1 24
9.9%
Capex Intensity
FINV
FINV
NWN
NWN
Q4 25
34.1%
Q3 25
66.8%
Q2 25
51.0%
Q1 25
0.3%
20.7%
Q4 24
27.0%
Q3 24
69.6%
Q2 24
55.1%
Q1 24
19.0%
Cash Conversion
FINV
FINV
NWN
NWN
Q4 25
Q3 25
Q2 25
Q1 25
0.71×
2.04×
Q4 24
Q3 24
Q2 24
Q1 24
1.96×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FINV
FINV

Segment breakdown not available.

NWN
NWN

NWN Gas Utility$341.4M87%
Alternativerevenue$27.2M7%
Si Energy Gas Utility$20.0M5%
NW Natural Other$6.9M2%

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