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Side-by-side financial comparison of FARMERS NATIONAL BANC CORP (FMNB) and OPAL Fuels Inc. (OPAL). Click either name above to swap in a different company.
OPAL Fuels Inc. is the larger business by last-quarter revenue ($88.4M vs $71.5M, roughly 1.2× FARMERS NATIONAL BANC CORP). FARMERS NATIONAL BANC CORP runs the higher net margin — 20.5% vs 18.3%, a 2.2% gap on every dollar of revenue. On growth, OPAL Fuels Inc. posted the faster year-over-year revenue change (18.7% vs 3.2%). FARMERS NATIONAL BANC CORP produced more free cash flow last quarter ($52.2M vs $-13.4M). Over the past eight quarters, OPAL Fuels Inc.'s revenue compounded faster (17.6% CAGR vs 6.2%).
Farmers National Banc Corp (OH) is a regional financial holding company based in Ohio, the United States. It offers full-spectrum retail and commercial banking products, wealth management solutions, and insurance services, primarily catering to individual consumers, small and medium-sized enterprises, and local community clients in Ohio and adjacent Midwestern U.S. regions.
OPAL Fuels Inc. is a North American energy company focused on producing and distributing low-carbon renewable natural gas (RNG). It captures methane from landfills, dairy operations and other organic waste streams to produce RNG, which is mainly supplied to heavy-duty transportation fleets, commercial logistics operators and public transport entities to help reduce their greenhouse gas emissions.
FMNB vs OPAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $71.5M | $88.4M |
| Net Profit | $14.6M | $16.2M |
| Gross Margin | — | — |
| Operating Margin | 24.8% | 7.5% |
| Net Margin | 20.5% | 18.3% |
| Revenue YoY | 3.2% | 18.7% |
| Net Profit YoY | 1.7% | 401.5% |
| EPS (diluted) | $0.39 | $0.08 |
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 | $71.5M | $88.4M | ||
| Q3 25 | $70.8M | $77.9M | ||
| Q2 25 | $69.8M | $77.4M | ||
| Q1 25 | $67.8M | $83.0M | ||
| Q4 24 | $69.3M | $74.5M | ||
| Q3 24 | $70.3M | $82.6M | ||
| Q2 24 | $66.5M | $69.8M | ||
| Q1 24 | $63.4M | $64.0M |
| Q4 25 | $14.6M | $16.2M | ||
| Q3 25 | $12.5M | $11.4M | ||
| Q2 25 | $13.9M | $7.6M | ||
| Q1 25 | $13.6M | $1.3M | ||
| Q4 24 | $14.4M | $-5.4M | ||
| Q3 24 | $8.5M | $17.1M | ||
| Q2 24 | $11.8M | $1.9M | ||
| Q1 24 | $11.2M | $677.0K |
| Q4 25 | 24.8% | 7.5% | ||
| Q3 25 | 20.7% | 4.6% | ||
| Q2 25 | 23.4% | -1.1% | ||
| Q1 25 | 24.1% | -2.3% | ||
| Q4 24 | 25.5% | -0.5% | ||
| Q3 24 | 14.4% | 14.9% | ||
| Q2 24 | 21.3% | 8.1% | ||
| Q1 24 | 21.2% | 5.6% |
| Q4 25 | 20.5% | 18.3% | ||
| Q3 25 | 17.6% | 14.6% | ||
| Q2 25 | 19.9% | 9.8% | ||
| Q1 25 | 20.0% | 1.5% | ||
| Q4 24 | 20.8% | -7.2% | ||
| Q3 24 | 12.1% | 20.7% | ||
| Q2 24 | 17.7% | 2.7% | ||
| Q1 24 | 17.7% | 1.1% |
| Q4 25 | $0.39 | $0.08 | ||
| Q3 25 | $0.33 | $0.05 | ||
| Q2 25 | $0.37 | $0.03 | ||
| Q1 25 | $0.36 | $-0.01 | ||
| Q4 24 | $0.38 | $-0.05 | ||
| Q3 24 | $0.23 | $0.09 | ||
| Q2 24 | $0.31 | $-0.01 | ||
| Q1 24 | $0.30 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $24.4M |
| Total DebtLower is stronger | $86.7M | $361.3M |
| Stockholders' EquityBook value | $485.7M | $-12.9M |
| Total Assets | $5.2B | $959.5M |
| Debt / EquityLower = less leverage | 0.18× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $24.4M | ||
| Q3 25 | — | $29.9M | ||
| Q2 25 | — | $29.3M | ||
| Q1 25 | — | $40.1M | ||
| Q4 24 | — | $24.3M | ||
| Q3 24 | — | $31.0M | ||
| Q2 24 | — | $27.6M | ||
| Q1 24 | — | $34.2M |
| Q4 25 | $86.7M | $361.3M | ||
| Q3 25 | $86.6M | $351.2M | ||
| Q2 25 | $86.4M | $331.6M | ||
| Q1 25 | $86.3M | $307.0M | ||
| Q4 24 | $86.2M | $307.5M | ||
| Q3 24 | $86.0M | $252.9M | ||
| Q2 24 | $88.9M | $233.3M | ||
| Q1 24 | $88.8M | $208.7M |
| Q4 25 | $485.7M | $-12.9M | ||
| Q3 25 | $465.9M | $7.5M | ||
| Q2 25 | $437.7M | $-25.0M | ||
| Q1 25 | $429.1M | $57.1M | ||
| Q4 24 | $406.0M | $-148.4M | ||
| Q3 24 | $439.7M | $-180.1M | ||
| Q2 24 | $396.7M | $-273.0M | ||
| Q1 24 | $397.0M | $-382.4M |
| Q4 25 | $5.2B | $959.5M | ||
| Q3 25 | $5.2B | $916.7M | ||
| Q2 25 | $5.2B | $905.5M | ||
| Q1 25 | $5.2B | $884.9M | ||
| Q4 24 | $5.1B | $881.1M | ||
| Q3 24 | $5.2B | $831.1M | ||
| Q2 24 | $5.2B | $782.3M | ||
| Q1 24 | $5.1B | $750.5M |
| Q4 25 | 0.18× | — | ||
| Q3 25 | 0.19× | 46.95× | ||
| Q2 25 | 0.20× | — | ||
| Q1 25 | 0.20× | 5.38× | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 0.20× | — | ||
| Q2 24 | 0.22× | — | ||
| Q1 24 | 0.22× | — |
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 | $60.0M | $-3.5M |
| Free Cash FlowOCF − Capex | $52.2M | $-13.4M |
| FCF MarginFCF / Revenue | 73.0% | -15.1% |
| Capex IntensityCapex / Revenue | 11.0% | 11.1% |
| Cash ConversionOCF / Net Profit | 4.10× | -0.22× |
| TTM Free Cash FlowTrailing 4 quarters | $85.8M | $-34.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $60.0M | $-3.5M | ||
| Q3 25 | $10.7M | $18.2M | ||
| Q2 25 | $14.0M | $-7.9M | ||
| Q1 25 | $15.7M | $29.7M | ||
| Q4 24 | $66.6M | $-532.0K | ||
| Q3 24 | $23.9M | $17.7M | ||
| Q2 24 | $16.6M | $533.0K | ||
| Q1 24 | $13.7M | $13.7M |
| Q4 25 | $52.2M | $-13.4M | ||
| Q3 25 | $9.0M | $-9.3M | ||
| Q2 25 | $12.4M | $-29.7M | ||
| Q1 25 | $12.2M | $18.1M | ||
| Q4 24 | $54.9M | $-55.0M | ||
| Q3 24 | $20.4M | $-5.4M | ||
| Q2 24 | $14.4M | $-22.5M | ||
| Q1 24 | $12.2M | $-13.0M |
| Q4 25 | 73.0% | -15.1% | ||
| Q3 25 | 12.8% | -11.9% | ||
| Q2 25 | 17.8% | -38.4% | ||
| Q1 25 | 18.0% | 21.8% | ||
| Q4 24 | 79.2% | -73.8% | ||
| Q3 24 | 29.1% | -6.5% | ||
| Q2 24 | 21.6% | -32.2% | ||
| Q1 24 | 19.2% | -20.4% |
| Q4 25 | 11.0% | 11.1% | ||
| Q3 25 | 2.4% | 35.3% | ||
| Q2 25 | 2.3% | 28.2% | ||
| Q1 25 | 5.2% | 13.9% | ||
| Q4 24 | 16.9% | 73.1% | ||
| Q3 24 | 4.9% | 27.9% | ||
| Q2 24 | 3.3% | 32.9% | ||
| Q1 24 | 2.4% | 41.8% |
| Q4 25 | 4.10× | -0.22× | ||
| Q3 25 | 0.86× | 1.60× | ||
| Q2 25 | 1.01× | -1.04× | ||
| Q1 25 | 1.15× | 23.11× | ||
| Q4 24 | 4.63× | — | ||
| Q3 24 | 2.80× | 1.03× | ||
| Q2 24 | 1.41× | 0.28× | ||
| Q1 24 | 1.22× | 20.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FMNB
Segment breakdown not available.
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
