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Side-by-side financial comparison of Liberty Latin America Ltd. (LILA) and NORTHERN OIL & GAS, INC. (NOG). Click either name above to swap in a different company.

Liberty Latin America Ltd. is the larger business by last-quarter revenue ($1.2B vs $610.2M, roughly 1.9× NORTHERN OIL & GAS, INC.). Liberty Latin America Ltd. runs the higher net margin — -4.7% vs -11.6%, a 6.9% gap on every dollar of revenue. On growth, Liberty Latin America Ltd. posted the faster year-over-year revenue change (1.7% vs -72.6%). Liberty Latin America Ltd. produced more free cash flow last quarter ($320.1M vs $43.2M). Over the past eight quarters, NORTHERN OIL & GAS, INC.'s revenue compounded faster (4.3% CAGR vs 2.7%).

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

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

LILA vs NOG — Head-to-Head

Bigger by revenue
LILA
LILA
1.9× larger
LILA
$1.2B
$610.2M
NOG
Growing faster (revenue YoY)
LILA
LILA
+74.3% gap
LILA
1.7%
-72.6%
NOG
Higher net margin
LILA
LILA
6.9% more per $
LILA
-4.7%
-11.6%
NOG
More free cash flow
LILA
LILA
$276.9M more FCF
LILA
$320.1M
$43.2M
NOG
Faster 2-yr revenue CAGR
NOG
NOG
Annualised
NOG
4.3%
2.7%
LILA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LILA
LILA
NOG
NOG
Revenue
$1.2B
$610.2M
Net Profit
$-54.8M
$-70.7M
Gross Margin
77.3%
Operating Margin
10.8%
Net Margin
-4.7%
-11.6%
Revenue YoY
1.7%
-72.6%
Net Profit YoY
74.0%
-198.7%
EPS (diluted)
$-0.27
$-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
LILA
LILA
NOG
NOG
Q1 26
$610.2M
Q4 25
$1.2B
$610.2M
Q3 25
$1.1B
$556.6M
Q2 25
$1.1B
$706.8M
Q1 25
$1.1B
$602.1M
Q4 24
$1.1B
$515.0M
Q3 24
$1.1B
$753.6M
Q2 24
$1.1B
$560.8M
Net Profit
LILA
LILA
NOG
NOG
Q1 26
$-70.7M
Q4 25
$-54.8M
$-70.7M
Q3 25
$3.3M
$-129.1M
Q2 25
$-423.3M
$99.6M
Q1 25
$-136.4M
$139.0M
Q4 24
$-210.4M
$71.7M
Q3 24
$-435.8M
$298.4M
Q2 24
$-42.7M
$138.6M
Gross Margin
LILA
LILA
NOG
NOG
Q1 26
Q4 25
77.3%
80.4%
Q3 25
77.7%
78.7%
Q2 25
78.6%
82.8%
Q1 25
78.5%
81.1%
Q4 24
76.1%
77.4%
Q3 24
78.7%
85.8%
Q2 24
78.1%
82.0%
Operating Margin
LILA
LILA
NOG
NOG
Q1 26
Q4 25
10.8%
-5.5%
Q3 25
16.9%
-22.6%
Q2 25
-30.6%
24.9%
Q1 25
11.8%
38.1%
Q4 24
8.7%
25.8%
Q3 24
-34.9%
57.6%
Q2 24
9.9%
39.0%
Net Margin
LILA
LILA
NOG
NOG
Q1 26
-11.6%
Q4 25
-4.7%
-11.6%
Q3 25
0.3%
-23.2%
Q2 25
-39.0%
14.1%
Q1 25
-12.6%
23.1%
Q4 24
-18.5%
13.9%
Q3 24
-40.0%
39.6%
Q2 24
-3.8%
24.7%
EPS (diluted)
LILA
LILA
NOG
NOG
Q1 26
$-0.73
Q4 25
$-0.27
$-0.67
Q3 25
$0.02
$-1.33
Q2 25
$-2.12
$1.00
Q1 25
$-0.69
$1.39
Q4 24
$-1.03
$0.71
Q3 24
$-2.22
$2.96
Q2 24
$-0.22
$1.36

Balance Sheet & Financial Strength

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

Metric
LILA
LILA
NOG
NOG
Cash + ST InvestmentsLiquidity on hand
$783.9M
$14.3M
Total DebtLower is stronger
$7.9B
Stockholders' EquityBook value
$555.6M
$2.1B
Total Assets
$12.2B
$5.4B
Debt / EquityLower = less leverage
14.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LILA
LILA
NOG
NOG
Q1 26
$14.3M
Q4 25
$783.9M
$14.3M
Q3 25
$596.7M
$31.6M
Q2 25
$514.4M
$25.9M
Q1 25
$575.5M
$33.6M
Q4 24
$654.3M
$8.9M
Q3 24
$588.6M
$34.4M
Q2 24
$598.6M
$7.8M
Total Debt
LILA
LILA
NOG
NOG
Q1 26
Q4 25
$7.9B
$2.4B
Q3 25
$7.8B
$2.3B
Q2 25
$7.6B
$2.4B
Q1 25
$7.6B
$2.3B
Q4 24
$7.6B
$2.4B
Q3 24
$7.6B
$2.0B
Q2 24
$7.6B
$1.9B
Stockholders' Equity
LILA
LILA
NOG
NOG
Q1 26
$2.1B
Q4 25
$555.6M
$2.1B
Q3 25
$628.9M
$2.2B
Q2 25
$608.4M
$2.4B
Q1 25
$1.0B
$2.4B
Q4 24
$1.1B
$2.3B
Q3 24
$1.2B
$2.3B
Q2 24
$1.7B
$2.1B
Total Assets
LILA
LILA
NOG
NOG
Q1 26
$5.4B
Q4 25
$12.2B
$5.4B
Q3 25
$12.0B
$5.5B
Q2 25
$12.0B
$5.7B
Q1 25
$12.6B
$5.7B
Q4 24
$12.8B
$5.6B
Q3 24
$12.7B
$5.1B
Q2 24
$13.2B
$4.7B
Debt / Equity
LILA
LILA
NOG
NOG
Q1 26
Q4 25
14.17×
1.13×
Q3 25
12.45×
1.05×
Q2 25
12.50×
0.98×
Q1 25
7.47×
0.96×
Q4 24
6.99×
1.02×
Q3 24
6.20×
0.84×
Q2 24
4.59×
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
LILA
LILA
NOG
NOG
Operating Cash FlowLast quarter
$461.9M
$312.6M
Free Cash FlowOCF − Capex
$320.1M
$43.2M
FCF MarginFCF / Revenue
27.6%
7.1%
Capex IntensityCapex / Revenue
12.2%
31.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$305.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LILA
LILA
NOG
NOG
Q1 26
$312.6M
Q4 25
$461.9M
$312.6M
Q3 25
$178.2M
$423.1M
Q2 25
$141.2M
$362.1M
Q1 25
$24.6M
$407.4M
Q4 24
$398.6M
$290.3M
Q3 24
$177.5M
$385.8M
Q2 24
$156.9M
$340.5M
Free Cash Flow
LILA
LILA
NOG
NOG
Q1 26
$43.2M
Q4 25
$320.1M
Q3 25
$56.0M
Q2 25
$1.9M
Q1 25
$-72.1M
Q4 24
$234.9M
Q3 24
$51.0M
Q2 24
$16.4M
FCF Margin
LILA
LILA
NOG
NOG
Q1 26
7.1%
Q4 25
27.6%
Q3 25
5.0%
Q2 25
0.2%
Q1 25
-6.7%
Q4 24
20.6%
Q3 24
4.7%
Q2 24
1.5%
Capex Intensity
LILA
LILA
NOG
NOG
Q1 26
31.5%
Q4 25
12.2%
Q3 25
11.0%
Q2 25
12.8%
Q1 25
8.9%
Q4 24
14.4%
Q3 24
11.6%
Q2 24
12.6%
Cash Conversion
LILA
LILA
NOG
NOG
Q1 26
Q4 25
Q3 25
54.00×
Q2 25
3.64×
Q1 25
2.93×
Q4 24
4.05×
Q3 24
1.29×
Q2 24
2.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LILA
LILA

Liberty Cablevisionof Puerto Rico LLC Liberty Puerto Rico$301.3M26%
Cable Wireless Communications Limited CW Panama$230.1M20%
Costa Rica Segment$168.2M15%
Liberty Networks$129.3M11%
Cable Subscription$112.4M10%
Mobile Subscription$95.9M8%
Mobile Handset And Other Devices$73.0M6%
Liberty Networks Other$25.0M2%
Mobile Non Subscription$21.6M2%
B2B Mobile Handsetand Other Devices$7.0M1%
Cable Non Subscription$4.3M0%

NOG
NOG

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

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