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Side-by-side financial comparison of Huron Consulting Group Inc. (HURN) and NATIONAL FUEL GAS CO (NFG). Click either name above to swap in a different company.
Huron Consulting Group Inc. is the larger business by last-quarter revenue ($442.0M vs $425.9M, roughly 1.0× NATIONAL FUEL GAS CO). NATIONAL FUEL GAS CO runs the higher net margin — 35.7% vs 6.9%, a 28.8% gap on every dollar of revenue. On growth, Huron Consulting Group Inc. posted the faster year-over-year revenue change (10.7% vs 1.7%). Over the past eight quarters, NATIONAL FUEL GAS CO's revenue compounded faster (12.1% CAGR vs 10.3%).
Huron Consulting Group, commonly known as Huron, is a management consulting firm offering services to the healthcare, life sciences, commercial, and higher education industries.
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.
HURN vs NFG — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $442.0M | $425.9M |
| Net Profit | $30.7M | $152.0M |
| Gross Margin | — | — |
| Operating Margin | 11.4% | 81.5% |
| Net Margin | 6.9% | 35.7% |
| Revenue YoY | 10.7% | 1.7% |
| Net Profit YoY | -9.8% | — |
| EPS (diluted) | $1.71 | $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 | $442.0M | $637.9M | ||
| Q3 25 | $441.3M | $443.1M | ||
| Q2 25 | $411.8M | $527.4M | ||
| Q1 25 | $404.1M | $734.8M | ||
| Q4 24 | $399.3M | $513.8M | ||
| Q3 24 | $378.1M | $310.0M | ||
| Q2 24 | $381.0M | $338.6M |
| Q1 26 | — | $152.0M | ||
| Q4 25 | $30.7M | $181.6M | ||
| Q3 25 | $30.4M | $107.3M | ||
| Q2 25 | $19.4M | $149.8M | ||
| Q1 25 | $24.5M | $216.4M | ||
| Q4 24 | $34.0M | $45.0M | ||
| Q3 24 | $27.1M | $-167.6M | ||
| Q2 24 | $37.5M | $-54.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 86.6% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 94.7% | ||
| Q1 25 | — | 81.6% | ||
| Q4 24 | — | 87.3% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 98.5% |
| Q1 26 | — | 81.5% | ||
| Q4 25 | 11.4% | 43.3% | ||
| Q3 25 | 11.3% | 40.6% | ||
| Q2 25 | 11.1% | 43.7% | ||
| Q1 25 | 8.1% | 43.2% | ||
| Q4 24 | 11.8% | 16.8% | ||
| Q3 24 | 11.2% | -63.4% | ||
| Q2 24 | 15.6% | -15.2% |
| Q1 26 | — | 35.7% | ||
| Q4 25 | 6.9% | 28.5% | ||
| Q3 25 | 6.9% | 24.2% | ||
| Q2 25 | 4.7% | 28.4% | ||
| Q1 25 | 6.1% | 29.4% | ||
| Q4 24 | 8.5% | 8.8% | ||
| Q3 24 | 7.2% | -54.1% | ||
| Q2 24 | 9.8% | -16.0% |
| Q1 26 | — | $1.59 | ||
| Q4 25 | $1.71 | $1.98 | ||
| Q3 25 | $1.71 | $1.18 | ||
| Q2 25 | $1.09 | $1.64 | ||
| Q1 25 | $1.33 | $2.37 | ||
| Q4 24 | $1.82 | $0.49 | ||
| Q3 24 | $1.47 | $-1.81 | ||
| Q2 24 | $2.03 | $-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 | $24.5M | — |
| Total DebtLower is stronger | — | $300.0M |
| Stockholders' EquityBook value | $528.6M | — |
| Total Assets | $1.5B | $9.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $24.5M | $271.4M | ||
| Q3 25 | $23.9M | $43.2M | ||
| Q2 25 | $61.0M | $39.3M | ||
| Q1 25 | $23.4M | $40.0M | ||
| Q4 24 | $21.9M | $48.7M | ||
| Q3 24 | $18.5M | $38.2M | ||
| Q2 24 | $17.6M | $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 | $528.6M | $3.6B | ||
| Q3 25 | $499.8M | $3.1B | ||
| Q2 25 | $475.0M | $3.0B | ||
| Q1 25 | $494.3M | $2.8B | ||
| Q4 24 | $561.3M | $-76.2M | ||
| Q3 24 | $522.8M | $-15.5M | ||
| Q2 24 | $500.6M | $5.0M |
| Q1 26 | — | $9.1B | ||
| Q4 25 | $1.5B | $9.2B | ||
| Q3 25 | $1.5B | $8.7B | ||
| Q2 25 | $1.5B | $8.4B | ||
| Q1 25 | $1.4B | $8.5B | ||
| Q4 24 | $1.3B | $8.3B | ||
| Q3 24 | $1.3B | $8.3B | ||
| Q2 24 | $1.3B | $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 | $126.4M | $657.3M |
| Free Cash FlowOCF − Capex | $123.8M | — |
| FCF MarginFCF / Revenue | 28.0% | — |
| Capex IntensityCapex / Revenue | 0.6% | 117.0% |
| Cash ConversionOCF / Net Profit | 4.12× | 4.32× |
| TTM Free Cash FlowTrailing 4 quarters | $183.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $657.3M | ||
| Q4 25 | $126.4M | $274.9M | ||
| Q3 25 | $93.8M | $237.8M | ||
| Q2 25 | $80.0M | $388.4M | ||
| Q1 25 | $-106.8M | $253.8M | ||
| Q4 24 | $139.6M | $220.1M | ||
| Q3 24 | $85.2M | $197.9M | ||
| Q2 24 | $107.2M | $281.8M |
| Q1 26 | — | — | ||
| Q4 25 | $123.8M | $-2.7M | ||
| Q3 25 | $89.8M | $-47.8M | ||
| Q2 25 | $78.0M | $195.3M | ||
| Q1 25 | $-108.7M | $59.9M | ||
| Q4 24 | $137.0M | $-20.3M | ||
| Q3 24 | $82.8M | $-49.1M | ||
| Q2 24 | $104.7M | $79.5M |
| Q1 26 | — | — | ||
| Q4 25 | 28.0% | -0.4% | ||
| Q3 25 | 20.3% | -10.8% | ||
| Q2 25 | 18.9% | 37.0% | ||
| Q1 25 | -26.9% | 8.2% | ||
| Q4 24 | 34.3% | -4.0% | ||
| Q3 24 | 21.9% | -15.8% | ||
| Q2 24 | 27.5% | 23.5% |
| Q1 26 | — | 117.0% | ||
| Q4 25 | 0.6% | 43.5% | ||
| Q3 25 | 0.9% | 64.4% | ||
| Q2 25 | 0.5% | 36.6% | ||
| Q1 25 | 0.5% | 26.4% | ||
| Q4 24 | 0.7% | 46.8% | ||
| Q3 24 | 0.6% | 79.7% | ||
| Q2 24 | 0.6% | 59.7% |
| Q1 26 | — | 4.32× | ||
| Q4 25 | 4.12× | 1.51× | ||
| Q3 25 | 3.08× | 2.21× | ||
| Q2 25 | 4.12× | 2.59× | ||
| Q1 25 | -4.35× | 1.17× | ||
| Q4 24 | 4.11× | 4.89× | ||
| Q3 24 | 3.14× | — | ||
| Q2 24 | 2.86× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HURN
| Consulting And Managed Services Capability | $172.9M | 39% |
| Education | $118.7M | 27% |
| Commercial | $91.9M | 21% |
| Digital Capability | $54.6M | 12% |
NFG
| Revenues from External Customers | $425.8M | 100% |
| Intersegment Revenues | $126.0K | 0% |
