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Side-by-side financial comparison of NATHANS FAMOUS, INC. (NATH) and NACCO INDUSTRIES INC (NC). Click either name above to swap in a different company.

NACCO INDUSTRIES INC is the larger business by last-quarter revenue ($62.8M vs $34.3M, roughly 1.8× NATHANS FAMOUS, INC.). NACCO INDUSTRIES INC runs the higher net margin — 14.1% vs 9.0%, a 5.1% gap on every dollar of revenue. On growth, NATHANS FAMOUS, INC. posted the faster year-over-year revenue change (8.9% vs -4.3%). Over the past eight quarters, NACCO INDUSTRIES INC's revenue compounded faster (9.5% CAGR vs 8.8%).

Nathan's Famous, Inc., is an American company that operates a chain of fast-food restaurants specializing in hot dogs. The original Nathan's restaurant stands at the corner of Surf and Stillwell avenues in the Coney Island neighborhood of Brooklyn, New York City. Its restaurants are primarily in the Northeastern United States. The company's headquarters are at One Jericho Plaza in Jericho, part of Oyster Bay, New York.

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...

NATH vs NC — Head-to-Head

Bigger by revenue
NC
NC
1.8× larger
NC
$62.8M
$34.3M
NATH
Growing faster (revenue YoY)
NATH
NATH
+13.1% gap
NATH
8.9%
-4.3%
NC
Higher net margin
NC
NC
5.1% more per $
NC
14.1%
9.0%
NATH
Faster 2-yr revenue CAGR
NC
NC
Annualised
NC
9.5%
8.8%
NATH

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
NATH
NATH
NC
NC
Revenue
$34.3M
$62.8M
Net Profit
$3.1M
$8.8M
Gross Margin
32.6%
22.8%
Operating Margin
14.9%
17.5%
Net Margin
9.0%
14.1%
Revenue YoY
8.9%
-4.3%
Net Profit YoY
-31.2%
80.0%
EPS (diluted)
$0.75
$1.17

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
NATH
NATH
NC
NC
Q1 26
$62.8M
Q4 25
$34.3M
$66.8M
Q3 25
$45.7M
$76.6M
Q2 25
$47.0M
$68.2M
Q1 25
$30.8M
$65.6M
Q4 24
$31.5M
$70.4M
Q3 24
$41.1M
$61.7M
Q2 24
$44.8M
$52.3M
Net Profit
NATH
NATH
NC
NC
Q1 26
$8.8M
Q4 25
$3.1M
$-3.8M
Q3 25
$5.2M
$13.3M
Q2 25
$8.9M
$3.3M
Q1 25
$4.2M
$4.9M
Q4 24
$4.5M
$7.6M
Q3 24
$6.0M
$15.6M
Q2 24
$9.3M
$6.0M
Gross Margin
NATH
NATH
NC
NC
Q1 26
22.8%
Q4 25
32.6%
18.0%
Q3 25
29.1%
13.0%
Q2 25
39.5%
10.0%
Q1 25
38.7%
14.7%
Q4 24
37.9%
12.0%
Q3 24
36.7%
11.7%
Q2 24
43.6%
13.4%
Operating Margin
NATH
NATH
NC
NC
Q1 26
17.5%
Q4 25
14.9%
11.3%
Q3 25
16.4%
8.8%
Q2 25
27.2%
-0.1%
Q1 25
20.7%
11.7%
Q4 24
21.4%
5.5%
Q3 24
23.4%
31.9%
Q2 24
30.7%
14.1%
Net Margin
NATH
NATH
NC
NC
Q1 26
14.1%
Q4 25
9.0%
-5.8%
Q3 25
11.4%
17.3%
Q2 25
19.0%
4.8%
Q1 25
13.8%
7.5%
Q4 24
14.2%
10.7%
Q3 24
14.7%
25.4%
Q2 24
20.7%
11.4%
EPS (diluted)
NATH
NATH
NC
NC
Q1 26
$1.17
Q4 25
$0.75
$-0.53
Q3 25
$1.26
$1.78
Q2 25
$2.16
$0.44
Q1 25
$1.03
$0.66
Q4 24
$1.10
$0.99
Q3 24
$1.47
$2.14
Q2 24
$2.27
$0.81

Balance Sheet & Financial Strength

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

Metric
NATH
NATH
NC
NC
Cash + ST InvestmentsLiquidity on hand
$24.5M
Total DebtLower is stronger
$48.7M
Stockholders' EquityBook value
$-15.3M
Total Assets
$50.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NATH
NATH
NC
NC
Q1 26
Q4 25
$24.5M
$49.7M
Q3 25
$32.2M
$52.7M
Q2 25
$26.9M
$49.4M
Q1 25
$27.8M
$61.9M
Q4 24
$23.7M
$72.8M
Q3 24
$31.2M
$63.1M
Q2 24
$26.0M
$62.4M
Total Debt
NATH
NATH
NC
NC
Q1 26
Q4 25
$48.7M
$100.8M
Q3 25
$49.3M
Q2 25
$49.9M
Q1 25
$50.5M
Q4 24
$51.1M
$99.4M
Q3 24
$59.6M
Q2 24
$29.0M
Stockholders' Equity
NATH
NATH
NC
NC
Q1 26
Q4 25
$-15.3M
$429.2M
Q3 25
$-5.9M
$426.4M
Q2 25
$-9.3M
$413.1M
Q1 25
$-16.5M
$409.1M
Q4 24
$-19.0M
$404.9M
Q3 24
$-21.3M
$397.3M
Q2 24
$-25.5M
$384.1M
Total Assets
NATH
NATH
NC
NC
Q1 26
Q4 25
$50.9M
$661.2M
Q3 25
$62.9M
$637.6M
Q2 25
$63.4M
$631.3M
Q1 25
$53.5M
$634.2M
Q4 24
$48.7M
$631.7M
Q3 24
$57.7M
$597.4M
Q2 24
$58.5M
$560.1M
Debt / Equity
NATH
NATH
NC
NC
Q1 26
Q4 25
0.23×
Q3 25
Q2 25
Q1 25
Q4 24
0.25×
Q3 24
Q2 24
0.08×

Cash Flow & Capital Efficiency

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

Metric
NATH
NATH
NC
NC
Operating Cash FlowLast quarter
$5.8M
Free Cash FlowOCF − Capex
$5.7M
FCF MarginFCF / Revenue
16.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
1.87×
TTM Free Cash FlowTrailing 4 quarters
$22.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NATH
NATH
NC
NC
Q1 26
Q4 25
$5.8M
$11.4M
Q3 25
$10.2M
$42.3M
Q2 25
$-220.0K
$-7.8M
Q1 25
$6.8M
$5.0M
Q4 24
$3.6M
$25.2M
Q3 24
$9.8M
$2.8M
Q2 24
$5.0M
$4.1M
Free Cash Flow
NATH
NATH
NC
NC
Q1 26
Q4 25
$5.7M
Q3 25
$10.0M
Q2 25
$-335.0K
Q1 25
$6.7M
Q4 24
$3.6M
Q3 24
$9.7M
Q2 24
$5.0M
FCF Margin
NATH
NATH
NC
NC
Q1 26
Q4 25
16.6%
Q3 25
21.9%
Q2 25
-0.7%
Q1 25
21.9%
Q4 24
11.4%
Q3 24
23.7%
Q2 24
11.1%
Capex Intensity
NATH
NATH
NC
NC
Q1 26
Q4 25
0.2%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
0.2%
Q4 24
0.1%
Q3 24
0.2%
Q2 24
0.1%
Cash Conversion
NATH
NATH
NC
NC
Q1 26
Q4 25
1.87×
Q3 25
1.95×
3.19×
Q2 25
-0.02×
-2.39×
Q1 25
1.60×
1.03×
Q4 24
0.81×
3.33×
Q3 24
1.63×
0.18×
Q2 24
0.54×
0.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NATH
NATH

Branded Product Program$23.7M69%
Product Licensing$7.4M22%
Company Operated Restaurants$1.6M5%
Franchise Fees And Royalties$1.0M3%

NC
NC

Segment breakdown not available.

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