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Side-by-side financial comparison of HALLADOR ENERGY CO (HNRG) and ROGERS CORP (ROG). Click either name above to swap in a different company.

ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $101.9M, roughly 2.0× HALLADOR ENERGY CO). ROGERS CORP runs the higher net margin — 2.2% vs -0.2%, a 2.5% gap on every dollar of revenue. On growth, HALLADOR ENERGY CO posted the faster year-over-year revenue change (8.9% vs 5.2%). ROGERS CORP produced more free cash flow last quarter ($1.1M vs $-16.8M). Over the past eight quarters, ROGERS CORP's revenue compounded faster (-3.3% CAGR vs -4.4%).

Hallador Energy Co is a U.S.-based energy firm focused on low-sulfur coal production and electric generation operations. It serves the North American market, supplying coal to utility and industrial clients, and delivering power to regional residential and commercial segments.

Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.

HNRG vs ROG — Head-to-Head

Bigger by revenue
ROG
ROG
2.0× larger
ROG
$200.5M
$101.9M
HNRG
Growing faster (revenue YoY)
HNRG
HNRG
+3.7% gap
HNRG
8.9%
5.2%
ROG
Higher net margin
ROG
ROG
2.5% more per $
ROG
2.2%
-0.2%
HNRG
More free cash flow
ROG
ROG
$17.9M more FCF
ROG
$1.1M
$-16.8M
HNRG
Faster 2-yr revenue CAGR
ROG
ROG
Annualised
ROG
-3.3%
-4.4%
HNRG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HNRG
HNRG
ROG
ROG
Revenue
$101.9M
$200.5M
Net Profit
$-240.0K
$4.5M
Gross Margin
32.2%
Operating Margin
6.1%
Net Margin
-0.2%
2.2%
Revenue YoY
8.9%
5.2%
Net Profit YoY
99.9%
421.4%
EPS (diluted)
$-0.01
$0.25

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
HNRG
HNRG
ROG
ROG
Q1 26
$200.5M
Q4 25
$101.9M
$201.5M
Q3 25
$146.8M
$216.0M
Q2 25
$102.9M
$202.8M
Q1 25
$117.8M
$190.5M
Q4 24
$93.6M
$192.2M
Q3 24
$105.2M
$210.3M
Q2 24
$93.8M
$214.2M
Net Profit
HNRG
HNRG
ROG
ROG
Q1 26
$4.5M
Q4 25
$-240.0K
$4.6M
Q3 25
$23.9M
$8.6M
Q2 25
$8.2M
$-73.6M
Q1 25
$10.0M
$-1.4M
Q4 24
$-215.8M
$-500.0K
Q3 24
$1.6M
$10.7M
Q2 24
$-10.2M
$8.1M
Gross Margin
HNRG
HNRG
ROG
ROG
Q1 26
32.2%
Q4 25
31.5%
Q3 25
33.5%
Q2 25
31.6%
Q1 25
29.9%
Q4 24
32.1%
Q3 24
35.2%
Q2 24
34.1%
Operating Margin
HNRG
HNRG
ROG
ROG
Q1 26
Q4 25
6.1%
3.5%
Q3 25
19.8%
7.3%
Q2 25
11.5%
-33.3%
Q1 25
11.8%
-0.2%
Q4 24
-233.5%
-6.6%
Q3 24
4.5%
6.9%
Q2 24
-7.8%
5.3%
Net Margin
HNRG
HNRG
ROG
ROG
Q1 26
2.2%
Q4 25
-0.2%
2.3%
Q3 25
16.3%
4.0%
Q2 25
8.0%
-36.3%
Q1 25
8.5%
-0.7%
Q4 24
-230.5%
-0.3%
Q3 24
1.5%
5.1%
Q2 24
-10.9%
3.8%
EPS (diluted)
HNRG
HNRG
ROG
ROG
Q1 26
$0.25
Q4 25
$-0.01
$0.20
Q3 25
$0.55
$0.48
Q2 25
$0.19
$-4.00
Q1 25
$0.23
$-0.08
Q4 24
$-5.44
$-0.04
Q3 24
$0.04
$0.58
Q2 24
$-0.27
$0.44

Balance Sheet & Financial Strength

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

Metric
HNRG
HNRG
ROG
ROG
Cash + ST InvestmentsLiquidity on hand
$10.1M
$195.8M
Total DebtLower is stronger
$29.7M
Stockholders' EquityBook value
$159.8M
$1.2B
Total Assets
$408.1M
$1.4B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HNRG
HNRG
ROG
ROG
Q1 26
$195.8M
Q4 25
$10.1M
$197.0M
Q3 25
$12.7M
$167.8M
Q2 25
$9.2M
$157.2M
Q1 25
$6.9M
$175.6M
Q4 24
$7.2M
$159.8M
Q3 24
$3.8M
$146.4M
Q2 24
$6.4M
$119.9M
Total Debt
HNRG
HNRG
ROG
ROG
Q1 26
Q4 25
$29.7M
Q3 25
$42.7M
Q2 25
$43.1M
Q1 25
$21.0M
Q4 24
$41.5M
Q3 24
$67.0M
Q2 24
$42.7M
Stockholders' Equity
HNRG
HNRG
ROG
ROG
Q1 26
$1.2B
Q4 25
$159.8M
$1.2B
Q3 25
$146.2M
$1.2B
Q2 25
$122.2M
$1.2B
Q1 25
$115.3M
$1.3B
Q4 24
$104.3M
$1.3B
Q3 24
$318.8M
$1.3B
Q2 24
$316.2M
$1.3B
Total Assets
HNRG
HNRG
ROG
ROG
Q1 26
$1.4B
Q4 25
$408.1M
$1.4B
Q3 25
$409.5M
$1.4B
Q2 25
$409.5M
$1.5B
Q1 25
$366.1M
$1.5B
Q4 24
$369.1M
$1.5B
Q3 24
$579.7M
$1.5B
Q2 24
$595.2M
$1.5B
Debt / Equity
HNRG
HNRG
ROG
ROG
Q1 26
Q4 25
0.19×
Q3 25
0.29×
Q2 25
0.35×
Q1 25
0.18×
Q4 24
0.40×
Q3 24
0.21×
Q2 24
0.13×

Cash Flow & Capital Efficiency

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

Metric
HNRG
HNRG
ROG
ROG
Operating Cash FlowLast quarter
$8.2M
$5.8M
Free Cash FlowOCF − Capex
$-16.8M
$1.1M
FCF MarginFCF / Revenue
-16.5%
0.5%
Capex IntensityCapex / Revenue
24.5%
2.3%
Cash ConversionOCF / Net Profit
1.29×
TTM Free Cash FlowTrailing 4 quarters
$11.9M
$70.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HNRG
HNRG
ROG
ROG
Q1 26
$5.8M
Q4 25
$8.2M
$46.9M
Q3 25
$23.2M
$28.9M
Q2 25
$11.4M
$13.7M
Q1 25
$38.4M
$11.7M
Q4 24
$38.9M
$33.7M
Q3 24
$-12.9M
$42.4M
Q2 24
$23.5M
$22.9M
Free Cash Flow
HNRG
HNRG
ROG
ROG
Q1 26
$1.1M
Q4 25
$-16.8M
$42.2M
Q3 25
$3.7M
$21.2M
Q2 25
$-1.7M
$5.6M
Q1 25
$26.7M
$2.1M
Q4 24
$25.2M
$18.3M
Q3 24
$-24.5M
$25.2M
Q2 24
$10.4M
$8.8M
FCF Margin
HNRG
HNRG
ROG
ROG
Q1 26
0.5%
Q4 25
-16.5%
20.9%
Q3 25
2.5%
9.8%
Q2 25
-1.6%
2.8%
Q1 25
22.7%
1.1%
Q4 24
26.9%
9.5%
Q3 24
-23.3%
12.0%
Q2 24
11.0%
4.1%
Capex Intensity
HNRG
HNRG
ROG
ROG
Q1 26
2.3%
Q4 25
24.5%
2.3%
Q3 25
13.3%
3.6%
Q2 25
12.7%
4.0%
Q1 25
9.9%
5.0%
Q4 24
14.7%
8.0%
Q3 24
11.0%
8.2%
Q2 24
14.0%
6.6%
Cash Conversion
HNRG
HNRG
ROG
ROG
Q1 26
1.29×
Q4 25
10.20×
Q3 25
0.97×
3.36×
Q2 25
1.38×
Q1 25
3.85×
Q4 24
Q3 24
-8.31×
3.96×
Q2 24
2.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HNRG
HNRG

Delivered Energy$58.6M57%
Coal Sales$29.1M29%
Coal Operations$14.4M14%

ROG
ROG

Segment breakdown not available.

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