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Side-by-side financial comparison of International General Insurance Holdings Ltd. (IGIC) 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 $403.8M, roughly 1.1× International General Insurance Holdings Ltd.). NATIONAL FUEL GAS CO runs the higher net margin — 35.7% vs 26.0%, a 9.7% gap on every dollar of revenue.

China Taiping Insurance Holdings Company Limited (CTIH) formerly China Insurance International Holdings Company Limited (CIIH), is a Chinese insurance conglomerate. The company has strong Chinese Central Government background despite being incorporated in Hong Kong. It is considered as a red chip company.

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.

IGIC vs NFG — Head-to-Head

Bigger by revenue
NFG
NFG
1.1× larger
NFG
$425.9M
$403.8M
IGIC
Higher net margin
NFG
NFG
9.7% more per $
NFG
35.7%
26.0%
IGIC

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
IGIC
IGIC
NFG
NFG
Revenue
$403.8M
$425.9M
Net Profit
$105.1M
$152.0M
Gross Margin
Operating Margin
81.5%
Net Margin
26.0%
35.7%
Revenue YoY
1.7%
Net Profit YoY
EPS (diluted)
$2.31
$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.

Revenue
IGIC
IGIC
NFG
NFG
Q1 26
$425.9M
Q4 25
$637.9M
Q3 25
$403.8M
$443.1M
Q2 25
$261.9M
$527.4M
Q1 25
$734.8M
Q4 24
$513.8M
Q3 24
$369.6M
$310.0M
Q2 24
$265.8M
$338.6M
Net Profit
IGIC
IGIC
NFG
NFG
Q1 26
$152.0M
Q4 25
$181.6M
Q3 25
$105.1M
$107.3M
Q2 25
$61.4M
$149.8M
Q1 25
$216.4M
Q4 24
$45.0M
Q3 24
$-134.4M
$-167.6M
Q2 24
$70.7M
$-54.2M
Gross Margin
IGIC
IGIC
NFG
NFG
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%
Operating Margin
IGIC
IGIC
NFG
NFG
Q1 26
81.5%
Q4 25
43.3%
Q3 25
40.6%
Q2 25
24.2%
43.7%
Q1 25
43.2%
Q4 24
16.8%
Q3 24
-63.4%
Q2 24
-73.3%
-15.2%
Net Margin
IGIC
IGIC
NFG
NFG
Q1 26
35.7%
Q4 25
28.5%
Q3 25
26.0%
24.2%
Q2 25
23.5%
28.4%
Q1 25
29.4%
Q4 24
8.8%
Q3 24
-36.4%
-54.1%
Q2 24
26.6%
-16.0%
EPS (diluted)
IGIC
IGIC
NFG
NFG
Q1 26
$1.59
Q4 25
$1.98
Q3 25
$2.31
$1.18
Q2 25
$1.36
$1.64
Q1 25
$2.37
Q4 24
$0.49
Q3 24
$1.82
$-1.81
Q2 24
$1.55
$-0.59

Balance Sheet & Financial Strength

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

Metric
IGIC
IGIC
NFG
NFG
Cash + ST InvestmentsLiquidity on hand
$244.7M
Total DebtLower is stronger
$300.0M
Stockholders' EquityBook value
$654.8M
Total Assets
$2.0B
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IGIC
IGIC
NFG
NFG
Q1 26
Q4 25
$271.4M
Q3 25
$244.7M
$43.2M
Q2 25
$164.8M
$39.3M
Q1 25
$40.0M
Q4 24
$48.7M
Q3 24
$219.2M
$38.2M
Q2 24
$237.3M
$81.4M
Total Debt
IGIC
IGIC
NFG
NFG
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
Stockholders' Equity
IGIC
IGIC
NFG
NFG
Q1 26
Q4 25
$3.6B
Q3 25
$654.8M
$3.1B
Q2 25
$662.3M
$3.0B
Q1 25
$2.8B
Q4 24
$-76.2M
Q3 24
$540.5M
$-15.5M
Q2 24
$588.2M
$5.0M
Total Assets
IGIC
IGIC
NFG
NFG
Q1 26
$9.1B
Q4 25
$9.2B
Q3 25
$2.0B
$8.7B
Q2 25
$2.1B
$8.4B
Q1 25
$8.5B
Q4 24
$8.3B
Q3 24
$1.8B
$8.3B
Q2 24
$2.0B
$8.5B
Debt / Equity
IGIC
IGIC
NFG
NFG
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
IGIC
IGIC
NFG
NFG
Operating Cash FlowLast quarter
$657.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
117.0%
Cash ConversionOCF / Net Profit
4.32×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IGIC
IGIC
NFG
NFG
Q1 26
$657.3M
Q4 25
$274.9M
Q3 25
$237.8M
Q2 25
$27.2M
$388.4M
Q1 25
$253.8M
Q4 24
$220.1M
Q3 24
$197.9M
Q2 24
$120.7M
$281.8M
Free Cash Flow
IGIC
IGIC
NFG
NFG
Q1 26
Q4 25
$-2.7M
Q3 25
$-47.8M
Q2 25
$26.8M
$195.3M
Q1 25
$59.9M
Q4 24
$-20.3M
Q3 24
$-49.1M
Q2 24
$119.8M
$79.5M
FCF Margin
IGIC
IGIC
NFG
NFG
Q1 26
Q4 25
-0.4%
Q3 25
-10.8%
Q2 25
10.2%
37.0%
Q1 25
8.2%
Q4 24
-4.0%
Q3 24
-15.8%
Q2 24
45.1%
23.5%
Capex Intensity
IGIC
IGIC
NFG
NFG
Q1 26
117.0%
Q4 25
43.5%
Q3 25
64.4%
Q2 25
0.2%
36.6%
Q1 25
26.4%
Q4 24
46.8%
Q3 24
79.7%
Q2 24
0.3%
59.7%
Cash Conversion
IGIC
IGIC
NFG
NFG
Q1 26
4.32×
Q4 25
1.51×
Q3 25
2.21×
Q2 25
0.44×
2.59×
Q1 25
1.17×
Q4 24
4.89×
Q3 24
Q2 24
1.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IGIC
IGIC

Segment breakdown not available.

NFG
NFG

Revenues from External Customers$425.8M100%
Intersegment Revenues$126.0K0%

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