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Side-by-side financial comparison of LCNB CORP (LCNB) and NATURAL GAS SERVICES GROUP INC (NGS). Click either name above to swap in a different company.

NATURAL GAS SERVICES GROUP INC is the larger business by last-quarter revenue ($46.1M vs $23.9M, roughly 1.9× LCNB CORP). LCNB CORP runs the higher net margin — 23.7% vs 8.9%, a 14.8% gap on every dollar of revenue. On growth, NATURAL GAS SERVICES GROUP INC posted the faster year-over-year revenue change (13.5% vs 5.1%). LCNB CORP produced more free cash flow last quarter ($33.4M vs $-20.7M).

LCNB Corp is a United States-based financial holding company that operates through its national bank subsidiary, providing a full suite of retail and commercial banking products and services including deposit accounts, various loan products, wealth management, and insurance solutions primarily to individual consumers, small and medium-sized enterprises and local community organizations across regional markets in Ohio.

Southern Company Gas, formerly AGL Resources, is an American Fortune 500 energy services holding company headquartered in Atlanta, Georgia. The company's operations consist of natural gas distribution, wholesale services, retail operations, and midstream operations. Southern Company Gas is one of the largest natural gas distribution companies in the United States. The company serves approximately 4.5 million utility customers through its regulated distribution subsidiaries across four states....

LCNB vs NGS — Head-to-Head

Bigger by revenue
NGS
NGS
1.9× larger
NGS
$46.1M
$23.9M
LCNB
Growing faster (revenue YoY)
NGS
NGS
+8.4% gap
NGS
13.5%
5.1%
LCNB
Higher net margin
LCNB
LCNB
14.8% more per $
LCNB
23.7%
8.9%
NGS
More free cash flow
LCNB
LCNB
$54.1M more FCF
LCNB
$33.4M
$-20.7M
NGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LCNB
LCNB
NGS
NGS
Revenue
$23.9M
$46.1M
Net Profit
$5.7M
$4.1M
Gross Margin
Operating Margin
29.2%
15.4%
Net Margin
23.7%
8.9%
Revenue YoY
5.1%
13.5%
Net Profit YoY
-7.6%
43.2%
EPS (diluted)
$0.40
$0.32

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
LCNB
LCNB
NGS
NGS
Q4 25
$23.9M
$46.1M
Q3 25
$23.8M
$43.4M
Q2 25
$22.8M
$41.4M
Q1 25
$21.5M
$41.4M
Q4 24
$22.7M
$40.7M
Q3 24
$21.4M
Q2 24
$19.3M
Q1 24
$17.8M
Net Profit
LCNB
LCNB
NGS
NGS
Q4 25
$5.7M
$4.1M
Q3 25
$6.9M
$5.8M
Q2 25
$5.9M
$5.2M
Q1 25
$4.6M
$4.9M
Q4 24
$6.1M
$2.9M
Q3 24
$4.5M
Q2 24
$925.0K
Q1 24
$1.9M
Operating Margin
LCNB
LCNB
NGS
NGS
Q4 25
29.2%
15.4%
Q3 25
35.6%
24.8%
Q2 25
31.6%
24.0%
Q1 25
25.6%
23.0%
Q4 24
32.9%
14.9%
Q3 24
24.9%
Q2 24
4.9%
Q1 24
12.5%
Net Margin
LCNB
LCNB
NGS
NGS
Q4 25
23.7%
8.9%
Q3 25
29.1%
13.3%
Q2 25
26.0%
12.5%
Q1 25
21.4%
11.7%
Q4 24
27.0%
7.0%
Q3 24
21.2%
Q2 24
4.8%
Q1 24
10.7%
EPS (diluted)
LCNB
LCNB
NGS
NGS
Q4 25
$0.40
$0.32
Q3 25
$0.49
$0.46
Q2 25
$0.41
$0.41
Q1 25
$0.33
$0.38
Q4 24
$0.44
$0.22
Q3 24
$0.31
Q2 24
$0.07
Q1 24
$0.15

Balance Sheet & Financial Strength

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

Metric
LCNB
LCNB
NGS
NGS
Cash + ST InvestmentsLiquidity on hand
$21.6M
Total DebtLower is stronger
$104.4M
Stockholders' EquityBook value
$273.9M
$274.7M
Total Assets
$2.2B
$586.8M
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCNB
LCNB
NGS
NGS
Q4 25
$21.6M
Q3 25
$35.9M
Q2 25
$49.8M
$325.0K
Q1 25
$37.7M
$2.1M
Q4 24
$35.7M
$2.1M
Q3 24
$39.4M
Q2 24
$34.9M
Q1 24
$33.0M
Total Debt
LCNB
LCNB
NGS
NGS
Q4 25
$104.4M
Q3 25
$104.7M
Q2 25
$105.0M
Q1 25
$104.6M
Q4 24
$155.2M
Q3 24
$155.7M
Q2 24
$162.2M
Q1 24
$162.6M
Stockholders' Equity
LCNB
LCNB
NGS
NGS
Q4 25
$273.9M
$274.7M
Q3 25
$269.9M
$271.4M
Q2 25
$263.5M
$266.2M
Q1 25
$258.7M
$260.3M
Q4 24
$253.0M
$255.1M
Q3 24
$253.2M
Q2 24
$245.2M
Q1 24
$233.7M
Total Assets
LCNB
LCNB
NGS
NGS
Q4 25
$2.2B
$586.8M
Q3 25
$2.2B
$562.3M
Q2 25
$2.3B
$525.5M
Q1 25
$2.3B
$501.7M
Q4 24
$2.3B
$492.5M
Q3 24
$2.3B
Q2 24
$2.4B
Q1 24
$2.3B
Debt / Equity
LCNB
LCNB
NGS
NGS
Q4 25
0.38×
Q3 25
0.39×
Q2 25
0.40×
Q1 25
0.40×
Q4 24
0.61×
Q3 24
0.61×
Q2 24
0.66×
Q1 24
0.70×

Cash Flow & Capital Efficiency

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

Metric
LCNB
LCNB
NGS
NGS
Operating Cash FlowLast quarter
$34.4M
$13.9M
Free Cash FlowOCF − Capex
$33.4M
$-20.7M
FCF MarginFCF / Revenue
140.2%
-44.8%
Capex IntensityCapex / Revenue
4.0%
74.9%
Cash ConversionOCF / Net Profit
6.08×
3.38×
TTM Free Cash FlowTrailing 4 quarters
$54.5M
$-58.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LCNB
LCNB
NGS
NGS
Q4 25
$34.4M
$13.9M
Q3 25
$14.0M
$16.8M
Q2 25
$5.5M
$11.0M
Q1 25
$2.2M
$21.3M
Q4 24
$93.2M
$9.4M
Q3 24
$11.9M
Q2 24
$54.9M
Q1 24
$-11.9M
Free Cash Flow
LCNB
LCNB
NGS
NGS
Q4 25
$33.4M
$-20.7M
Q3 25
$13.7M
$-25.1M
Q2 25
$5.2M
$-14.8M
Q1 25
$2.1M
$2.0M
Q4 24
$89.4M
$-5.1M
Q3 24
$10.5M
Q2 24
$53.8M
Q1 24
$-12.8M
FCF Margin
LCNB
LCNB
NGS
NGS
Q4 25
140.2%
-44.8%
Q3 25
57.4%
-57.7%
Q2 25
23.0%
-35.8%
Q1 25
10.0%
4.9%
Q4 24
394.0%
-12.6%
Q3 24
49.0%
Q2 24
278.6%
Q1 24
-71.8%
Capex Intensity
LCNB
LCNB
NGS
NGS
Q4 25
4.0%
74.9%
Q3 25
1.3%
96.5%
Q2 25
1.0%
62.4%
Q1 25
0.3%
46.5%
Q4 24
16.7%
35.8%
Q3 24
6.7%
Q2 24
5.9%
Q1 24
4.8%
Cash Conversion
LCNB
LCNB
NGS
NGS
Q4 25
6.08×
3.38×
Q3 25
2.02×
2.90×
Q2 25
0.92×
2.12×
Q1 25
0.48×
4.38×
Q4 24
15.23×
3.29×
Q3 24
2.63×
Q2 24
59.35×
Q1 24
-6.24×

Financial Flow Comparison

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

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