vs
Side-by-side financial comparison of GLOBAL INDUSTRIAL Co (GIC) 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 $345.6M, roughly 1.2× GLOBAL INDUSTRIAL Co). NATIONAL FUEL GAS CO runs the higher net margin — 35.7% vs 4.2%, a 31.5% gap on every dollar of revenue. On growth, GLOBAL INDUSTRIAL Co posted the faster year-over-year revenue change (14.3% vs 1.7%). Over the past eight quarters, NATIONAL FUEL GAS CO's revenue compounded faster (12.1% CAGR vs 3.4%).
Global Industrial Company is a Port Washington, New York–based company providing industrial and MRO products through a system of branded e-Commerce websites and relationship marketers in North America. The primary brand is Global Industrial.
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.
GIC vs NFG — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $345.6M | $425.9M |
| Net Profit | $14.6M | $152.0M |
| Gross Margin | 34.5% | — |
| Operating Margin | 5.7% | 81.5% |
| Net Margin | 4.2% | 35.7% |
| Revenue YoY | 14.3% | 1.7% |
| Net Profit YoY | 36.4% | — |
| EPS (diluted) | $0.37 | $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.
| Q1 26 | — | $425.9M | ||
| Q4 25 | $345.6M | $637.9M | ||
| Q3 25 | $353.6M | $443.1M | ||
| Q2 25 | $358.9M | $527.4M | ||
| Q1 25 | $321.0M | $734.8M | ||
| Q4 24 | $302.3M | $513.8M | ||
| Q3 24 | $342.4M | $310.0M | ||
| Q2 24 | $347.8M | $338.6M |
| Q1 26 | — | $152.0M | ||
| Q4 25 | $14.6M | $181.6M | ||
| Q3 25 | $18.8M | $107.3M | ||
| Q2 25 | $25.1M | $149.8M | ||
| Q1 25 | $13.6M | $216.4M | ||
| Q4 24 | $10.7M | $45.0M | ||
| Q3 24 | $16.8M | $-167.6M | ||
| Q2 24 | $20.3M | $-54.2M |
| Q1 26 | — | — | ||
| Q4 25 | 34.5% | 86.6% | ||
| Q3 25 | 35.6% | — | ||
| Q2 25 | 37.1% | 94.7% | ||
| Q1 25 | 34.9% | 81.6% | ||
| Q4 24 | 33.8% | 87.3% | ||
| Q3 24 | 34.0% | — | ||
| Q2 24 | 35.2% | 98.5% |
| Q1 26 | — | 81.5% | ||
| Q4 25 | 5.7% | 43.3% | ||
| Q3 25 | 7.4% | 40.6% | ||
| Q2 25 | 9.3% | 43.7% | ||
| Q1 25 | 5.7% | 43.2% | ||
| Q4 24 | 4.8% | 16.8% | ||
| Q3 24 | 6.5% | -63.4% | ||
| Q2 24 | 7.6% | -15.2% |
| Q1 26 | — | 35.7% | ||
| Q4 25 | 4.2% | 28.5% | ||
| Q3 25 | 5.3% | 24.2% | ||
| Q2 25 | 7.0% | 28.4% | ||
| Q1 25 | 4.2% | 29.4% | ||
| Q4 24 | 3.5% | 8.8% | ||
| Q3 24 | 4.9% | -54.1% | ||
| Q2 24 | 5.8% | -16.0% |
| Q1 26 | — | $1.59 | ||
| Q4 25 | $0.37 | $1.98 | ||
| Q3 25 | $0.48 | $1.18 | ||
| Q2 25 | $0.65 | $1.64 | ||
| Q1 25 | $0.35 | $2.37 | ||
| Q4 24 | $0.28 | $0.49 | ||
| Q3 24 | $0.44 | $-1.81 | ||
| Q2 24 | $0.52 | $-0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $67.5M | — |
| Total DebtLower is stronger | — | $300.0M |
| Stockholders' EquityBook value | $313.2M | — |
| Total Assets | $580.8M | $9.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $67.5M | $271.4M | ||
| Q3 25 | $67.2M | $43.2M | ||
| Q2 25 | $55.1M | $39.3M | ||
| Q1 25 | $39.0M | $40.0M | ||
| Q4 24 | $44.6M | $48.7M | ||
| Q3 24 | $38.9M | $38.2M | ||
| Q2 24 | $38.8M | $81.4M |
| 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 |
| Q1 26 | — | — | ||
| Q4 25 | $313.2M | $3.6B | ||
| Q3 25 | $316.0M | $3.1B | ||
| Q2 25 | $305.2M | $3.0B | ||
| Q1 25 | $287.9M | $2.8B | ||
| Q4 24 | $281.1M | $-76.2M | ||
| Q3 24 | $279.2M | $-15.5M | ||
| Q2 24 | $270.4M | $5.0M |
| Q1 26 | — | $9.1B | ||
| Q4 25 | $580.8M | $9.2B | ||
| Q3 25 | $602.5M | $8.7B | ||
| Q2 25 | $586.5M | $8.4B | ||
| Q1 25 | $536.7M | $8.5B | ||
| Q4 24 | $520.7M | $8.3B | ||
| Q3 24 | $531.6M | $8.3B | ||
| Q2 24 | $542.5M | $8.5B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $20.0M | $657.3M |
| Free Cash FlowOCF − Capex | $19.2M | — |
| FCF MarginFCF / Revenue | 5.6% | — |
| Capex IntensityCapex / Revenue | 0.2% | 117.0% |
| Cash ConversionOCF / Net Profit | 1.37× | 4.32× |
| TTM Free Cash FlowTrailing 4 quarters | $74.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $657.3M | ||
| Q4 25 | $20.0M | $274.9M | ||
| Q3 25 | $22.7M | $237.8M | ||
| Q2 25 | $31.7M | $388.4M | ||
| Q1 25 | $3.4M | $253.8M | ||
| Q4 24 | $15.9M | $220.1M | ||
| Q3 24 | $9.6M | $197.9M | ||
| Q2 24 | $18.8M | $281.8M |
| Q1 26 | — | — | ||
| Q4 25 | $19.2M | $-2.7M | ||
| Q3 25 | $22.0M | $-47.8M | ||
| Q2 25 | $30.3M | $195.3M | ||
| Q1 25 | $3.2M | $59.9M | ||
| Q4 24 | $15.2M | $-20.3M | ||
| Q3 24 | $8.7M | $-49.1M | ||
| Q2 24 | $17.9M | $79.5M |
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | -0.4% | ||
| Q3 25 | 6.2% | -10.8% | ||
| Q2 25 | 8.4% | 37.0% | ||
| Q1 25 | 1.0% | 8.2% | ||
| Q4 24 | 5.0% | -4.0% | ||
| Q3 24 | 2.5% | -15.8% | ||
| Q2 24 | 5.1% | 23.5% |
| Q1 26 | — | 117.0% | ||
| Q4 25 | 0.2% | 43.5% | ||
| Q3 25 | 0.2% | 64.4% | ||
| Q2 25 | 0.4% | 36.6% | ||
| Q1 25 | 0.1% | 26.4% | ||
| Q4 24 | 0.2% | 46.8% | ||
| Q3 24 | 0.3% | 79.7% | ||
| Q2 24 | 0.3% | 59.7% |
| Q1 26 | — | 4.32× | ||
| Q4 25 | 1.37× | 1.51× | ||
| Q3 25 | 1.21× | 2.21× | ||
| Q2 25 | 1.26× | 2.59× | ||
| Q1 25 | 0.25× | 1.17× | ||
| Q4 24 | 1.49× | 4.89× | ||
| Q3 24 | 0.57× | — | ||
| Q2 24 | 0.93× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GIC
Segment breakdown not available.
NFG
| Revenues from External Customers | $425.8M | 100% |
| Intersegment Revenues | $126.0K | 0% |
