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Side-by-side financial comparison of KRONOS WORLDWIDE INC (KRO) and NORTHERN OIL & GAS, INC. (NOG). Click either name above to swap in a different company.

NORTHERN OIL & GAS, INC. is the larger business by last-quarter revenue ($610.2M vs $418.3M, roughly 1.5× KRONOS WORLDWIDE INC). NORTHERN OIL & GAS, INC. runs the higher net margin — -11.6% vs -19.8%, a 8.2% gap on every dollar of revenue. On growth, KRONOS WORLDWIDE INC posted the faster year-over-year revenue change (-1.1% vs -72.6%). KRONOS WORLDWIDE INC produced more free cash flow last quarter ($81.9M vs $43.2M). Over the past eight quarters, NORTHERN OIL & GAS, INC.'s revenue compounded faster (4.3% CAGR vs -6.5%).

Kronos Incorporated was an American multinational workforce management and human capital management cloud provider headquartered in Lowell, Massachusetts, United States, which employed more than 6,000 people worldwide.

Marathon Oil Corporation was an American company engaged in hydrocarbon exploration. In November 2024, it was acquired by ConocoPhillips and absorbed into the company.

KRO vs NOG — Head-to-Head

Bigger by revenue
NOG
NOG
1.5× larger
NOG
$610.2M
$418.3M
KRO
Growing faster (revenue YoY)
KRO
KRO
+71.5% gap
KRO
-1.1%
-72.6%
NOG
Higher net margin
NOG
NOG
8.2% more per $
NOG
-11.6%
-19.8%
KRO
More free cash flow
KRO
KRO
$38.7M more FCF
KRO
$81.9M
$43.2M
NOG
Faster 2-yr revenue CAGR
NOG
NOG
Annualised
NOG
4.3%
-6.5%
KRO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KRO
KRO
NOG
NOG
Revenue
$418.3M
$610.2M
Net Profit
$-82.8M
$-70.7M
Gross Margin
-0.9%
Operating Margin
-15.1%
Net Margin
-19.8%
-11.6%
Revenue YoY
-1.1%
-72.6%
Net Profit YoY
-527.3%
-198.7%
EPS (diluted)
$-0.72
$-0.73

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
KRO
KRO
NOG
NOG
Q1 26
$610.2M
Q4 25
$418.3M
$610.2M
Q3 25
$456.9M
$556.6M
Q2 25
$494.4M
$706.8M
Q1 25
$489.8M
$602.1M
Q4 24
$423.1M
$515.0M
Q3 24
$484.7M
$753.6M
Q2 24
$500.5M
$560.8M
Net Profit
KRO
KRO
NOG
NOG
Q1 26
$-70.7M
Q4 25
$-82.8M
$-70.7M
Q3 25
$-37.0M
$-129.1M
Q2 25
$-9.2M
$99.6M
Q1 25
$18.1M
$139.0M
Q4 24
$-13.2M
$71.7M
Q3 24
$71.8M
$298.4M
Q2 24
$19.5M
$138.6M
Gross Margin
KRO
KRO
NOG
NOG
Q1 26
Q4 25
-0.9%
80.4%
Q3 25
10.3%
78.7%
Q2 25
12.7%
82.8%
Q1 25
21.8%
81.1%
Q4 24
20.4%
77.4%
Q3 24
20.9%
85.8%
Q2 24
20.0%
82.0%
Operating Margin
KRO
KRO
NOG
NOG
Q1 26
Q4 25
-15.1%
-5.5%
Q3 25
-4.2%
-22.6%
Q2 25
1.5%
24.9%
Q1 25
7.8%
38.1%
Q4 24
6.8%
25.8%
Q3 24
8.0%
57.6%
Q2 24
7.2%
39.0%
Net Margin
KRO
KRO
NOG
NOG
Q1 26
-11.6%
Q4 25
-19.8%
-11.6%
Q3 25
-8.1%
-23.2%
Q2 25
-1.9%
14.1%
Q1 25
3.7%
23.1%
Q4 24
-3.1%
13.9%
Q3 24
14.8%
39.6%
Q2 24
3.9%
24.7%
EPS (diluted)
KRO
KRO
NOG
NOG
Q1 26
$-0.73
Q4 25
$-0.72
$-0.67
Q3 25
$-0.32
$-1.33
Q2 25
$-0.08
$1.00
Q1 25
$0.16
$1.39
Q4 24
$-0.11
$0.71
Q3 24
$0.62
$2.96
Q2 24
$0.17
$1.36

Balance Sheet & Financial Strength

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

Metric
KRO
KRO
NOG
NOG
Cash + ST InvestmentsLiquidity on hand
$33.2M
$14.3M
Total DebtLower is stronger
$557.4M
Stockholders' EquityBook value
$751.1M
$2.1B
Total Assets
$1.8B
$5.4B
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRO
KRO
NOG
NOG
Q1 26
$14.3M
Q4 25
$33.2M
$14.3M
Q3 25
$27.7M
$31.6M
Q2 25
$18.9M
$25.9M
Q1 25
$20.5M
$33.6M
Q4 24
$106.7M
$8.9M
Q3 24
$94.8M
$34.4M
Q2 24
$133.8M
$7.8M
Total Debt
KRO
KRO
NOG
NOG
Q1 26
Q4 25
$557.4M
$2.4B
Q3 25
$626.2M
$2.3B
Q2 25
$589.3M
$2.4B
Q1 25
$557.2M
$2.3B
Q4 24
$507.4M
$2.4B
Q3 24
$554.3M
$2.0B
Q2 24
$423.7M
$1.9B
Stockholders' Equity
KRO
KRO
NOG
NOG
Q1 26
$2.1B
Q4 25
$751.1M
$2.1B
Q3 25
$804.7M
$2.2B
Q2 25
$846.8M
$2.4B
Q1 25
$847.0M
$2.4B
Q4 24
$817.0M
$2.3B
Q3 24
$847.4M
$2.3B
Q2 24
$774.6M
$2.1B
Total Assets
KRO
KRO
NOG
NOG
Q1 26
$5.4B
Q4 25
$1.8B
$5.4B
Q3 25
$1.9B
$5.5B
Q2 25
$1.9B
$5.7B
Q1 25
$1.9B
$5.7B
Q4 24
$1.9B
$5.6B
Q3 24
$1.9B
$5.1B
Q2 24
$1.7B
$4.7B
Debt / Equity
KRO
KRO
NOG
NOG
Q1 26
Q4 25
0.74×
1.13×
Q3 25
0.78×
1.05×
Q2 25
0.70×
0.98×
Q1 25
0.66×
0.96×
Q4 24
0.62×
1.02×
Q3 24
0.65×
0.84×
Q2 24
0.55×
0.91×

Cash Flow & Capital Efficiency

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

Metric
KRO
KRO
NOG
NOG
Operating Cash FlowLast quarter
$92.1M
$312.6M
Free Cash FlowOCF − Capex
$81.9M
$43.2M
FCF MarginFCF / Revenue
19.6%
7.1%
Capex IntensityCapex / Revenue
2.4%
31.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-40.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRO
KRO
NOG
NOG
Q1 26
$312.6M
Q4 25
$92.1M
$312.6M
Q3 25
$-7.9M
$423.1M
Q2 25
$20.7M
$362.1M
Q1 25
$-102.4M
$407.4M
Q4 24
$49.3M
$290.3M
Q3 24
$28.3M
$385.8M
Q2 24
$38.2M
$340.5M
Free Cash Flow
KRO
KRO
NOG
NOG
Q1 26
$43.2M
Q4 25
$81.9M
Q3 25
$-17.4M
Q2 25
$9.5M
Q1 25
$-114.4M
Q4 24
$37.0M
Q3 24
$19.2M
Q2 24
$34.8M
FCF Margin
KRO
KRO
NOG
NOG
Q1 26
7.1%
Q4 25
19.6%
Q3 25
-3.8%
Q2 25
1.9%
Q1 25
-23.4%
Q4 24
8.7%
Q3 24
4.0%
Q2 24
7.0%
Capex Intensity
KRO
KRO
NOG
NOG
Q1 26
31.5%
Q4 25
2.4%
Q3 25
2.1%
Q2 25
2.3%
Q1 25
2.4%
Q4 24
2.9%
Q3 24
1.9%
Q2 24
0.7%
Cash Conversion
KRO
KRO
NOG
NOG
Q1 26
Q4 25
Q3 25
Q2 25
3.64×
Q1 25
-5.66×
2.93×
Q4 24
4.05×
Q3 24
0.39×
1.29×
Q2 24
1.96×
2.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KRO
KRO

Segment breakdown not available.

NOG
NOG

Oil and Gas Sales$447.7M73%
Gain on Commodity Derivatives, Net$159.3M26%
Other Revenue$3.1M1%

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