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Side-by-side financial comparison of JBG SMITH Properties (JBGS) and NACCO INDUSTRIES INC (NC). Click either name above to swap in a different company.

JBG SMITH Properties is the larger business by last-quarter revenue ($127.6M vs $66.8M, roughly 1.9× NACCO INDUSTRIES INC). NACCO INDUSTRIES INC runs the higher net margin — -5.8% vs -35.7%, a 30.0% gap on every dollar of revenue. On growth, JBG SMITH Properties posted the faster year-over-year revenue change (-2.5% vs -5.2%). Over the past eight quarters, NACCO INDUSTRIES INC's revenue compounded faster (11.9% CAGR vs -6.3%).

JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.

NACCO Industries, Inc. is an American publicly traded holding company, headquartered in Cleveland, Ohio. Through a portfolio of mining and natural resources businesses, the company operates under three business segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model. The North American Mining se...

JBGS vs NC — Head-to-Head

Bigger by revenue
JBGS
JBGS
1.9× larger
JBGS
$127.6M
$66.8M
NC
Growing faster (revenue YoY)
JBGS
JBGS
+2.7% gap
JBGS
-2.5%
-5.2%
NC
Higher net margin
NC
NC
30.0% more per $
NC
-5.8%
-35.7%
JBGS
Faster 2-yr revenue CAGR
NC
NC
Annualised
NC
11.9%
-6.3%
JBGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
JBGS
JBGS
NC
NC
Revenue
$127.6M
$66.8M
Net Profit
$-45.5M
$-3.8M
Gross Margin
18.0%
Operating Margin
-47.5%
11.3%
Net Margin
-35.7%
-5.8%
Revenue YoY
-2.5%
-5.2%
Net Profit YoY
24.0%
-150.8%
EPS (diluted)
$-0.76
$-0.53

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
JBGS
JBGS
NC
NC
Q4 25
$127.6M
$66.8M
Q3 25
$123.9M
$76.6M
Q2 25
$126.5M
$68.2M
Q1 25
$120.7M
$65.6M
Q4 24
$130.8M
$70.4M
Q3 24
$136.0M
$61.7M
Q2 24
$135.3M
$52.3M
Q1 24
$145.2M
$53.3M
Net Profit
JBGS
JBGS
NC
NC
Q4 25
$-45.5M
$-3.8M
Q3 25
$-28.6M
$13.3M
Q2 25
$-19.2M
$3.3M
Q1 25
$-45.7M
$4.9M
Q4 24
$-59.9M
$7.6M
Q3 24
$-27.0M
$15.6M
Q2 24
$-24.4M
$6.0M
Q1 24
$-32.3M
$4.6M
Gross Margin
JBGS
JBGS
NC
NC
Q4 25
18.0%
Q3 25
13.0%
Q2 25
10.0%
Q1 25
14.7%
Q4 24
12.0%
Q3 24
11.7%
Q2 24
13.4%
Q1 24
13.2%
Operating Margin
JBGS
JBGS
NC
NC
Q4 25
-47.5%
11.3%
Q3 25
-27.5%
8.8%
Q2 25
-18.4%
-0.1%
Q1 25
-44.7%
11.7%
Q4 24
-53.6%
5.5%
Q3 24
-22.4%
31.9%
Q2 24
-24.3%
14.1%
Q1 24
-30.1%
8.9%
Net Margin
JBGS
JBGS
NC
NC
Q4 25
-35.7%
-5.8%
Q3 25
-23.1%
17.3%
Q2 25
-15.2%
4.8%
Q1 25
-37.9%
7.5%
Q4 24
-45.8%
10.7%
Q3 24
-19.8%
25.4%
Q2 24
-18.0%
11.4%
Q1 24
-22.2%
8.6%
EPS (diluted)
JBGS
JBGS
NC
NC
Q4 25
$-0.76
$-0.53
Q3 25
$-0.48
$1.78
Q2 25
$-0.29
$0.44
Q1 25
$-0.56
$0.66
Q4 24
$-0.70
$0.99
Q3 24
$-0.32
$2.14
Q2 24
$-0.27
$0.81
Q1 24
$-0.36
$0.61

Balance Sheet & Financial Strength

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

Metric
JBGS
JBGS
NC
NC
Cash + ST InvestmentsLiquidity on hand
$75.3M
$49.7M
Total DebtLower is stronger
$100.8M
Stockholders' EquityBook value
$1.2B
$429.2M
Total Assets
$4.4B
$661.2M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JBGS
JBGS
NC
NC
Q4 25
$75.3M
$49.7M
Q3 25
$64.4M
$52.7M
Q2 25
$61.4M
$49.4M
Q1 25
$81.3M
$61.9M
Q4 24
$145.8M
$72.8M
Q3 24
$137.0M
$63.1M
Q2 24
$163.5M
$62.4M
Q1 24
$220.5M
$61.8M
Total Debt
JBGS
JBGS
NC
NC
Q4 25
$100.8M
Q3 25
Q2 25
Q1 25
Q4 24
$99.4M
Q3 24
Q2 24
$29.0M
Q1 24
$28.4M
Stockholders' Equity
JBGS
JBGS
NC
NC
Q4 25
$1.2B
$429.2M
Q3 25
$1.2B
$426.4M
Q2 25
$1.3B
$413.1M
Q1 25
$1.6B
$409.1M
Q4 24
$1.8B
$404.9M
Q3 24
$1.9B
$397.3M
Q2 24
$2.0B
$384.1M
Q1 24
$2.1B
$381.6M
Total Assets
JBGS
JBGS
NC
NC
Q4 25
$4.4B
$661.2M
Q3 25
$4.4B
$637.6M
Q2 25
$4.5B
$631.3M
Q1 25
$4.7B
$634.2M
Q4 24
$5.0B
$631.7M
Q3 24
$5.2B
$597.4M
Q2 24
$5.3B
$560.1M
Q1 24
$5.4B
$538.0M
Debt / Equity
JBGS
JBGS
NC
NC
Q4 25
0.23×
Q3 25
Q2 25
Q1 25
Q4 24
0.25×
Q3 24
Q2 24
0.08×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
JBGS
JBGS
NC
NC
Operating Cash FlowLast quarter
$73.3M
$11.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JBGS
JBGS
NC
NC
Q4 25
$73.3M
$11.4M
Q3 25
$8.9M
$42.3M
Q2 25
$18.8M
$-7.8M
Q1 25
$12.9M
$5.0M
Q4 24
$129.4M
$25.2M
Q3 24
$26.4M
$2.8M
Q2 24
$23.8M
$4.1M
Q1 24
$37.0M
$-9.8M
Cash Conversion
JBGS
JBGS
NC
NC
Q4 25
Q3 25
3.19×
Q2 25
-2.39×
Q1 25
1.03×
Q4 24
3.33×
Q3 24
0.18×
Q2 24
0.68×
Q1 24
-2.14×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JBGS
JBGS

Segment breakdown not available.

NC
NC

Transferred Over Time$42.7M64%
Transferred At Point In Time$24.1M36%

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