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Side-by-side financial comparison of NATURES SUNSHINE PRODUCTS INC (NATR) and National Bank Holdings Corp (NBHC). Click either name above to swap in a different company.

National Bank Holdings Corp is the larger business by last-quarter revenue ($126.8M vs $123.8M, roughly 1.0× NATURES SUNSHINE PRODUCTS INC). National Bank Holdings Corp runs the higher net margin — 16.4% vs 3.3%, a 13.1% gap on every dollar of revenue. Over the past eight quarters, National Bank Holdings Corp's revenue compounded faster (14.0% CAGR vs 5.6%).

Nature's Sunshine Products, Inc. also known as "NSP", is a manufacturer of dietary supplements, including herbs, vitamins, minerals, and personal care products. It is based in Lehi, Utah, with a manufacturing facility in Spanish Fork, Utah.

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

NATR vs NBHC — Head-to-Head

Bigger by revenue
NBHC
NBHC
1.0× larger
NBHC
$126.8M
$123.8M
NATR
Higher net margin
NBHC
NBHC
13.1% more per $
NBHC
16.4%
3.3%
NATR
Faster 2-yr revenue CAGR
NBHC
NBHC
Annualised
NBHC
14.0%
5.6%
NATR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NATR
NATR
NBHC
NBHC
Revenue
$123.8M
$126.8M
Net Profit
$4.1M
$20.8M
Gross Margin
72.5%
Operating Margin
4.3%
Net Margin
3.3%
16.4%
Revenue YoY
4.7%
Net Profit YoY
1379.4%
-14.2%
EPS (diluted)
$0.23
$0.46

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
NATR
NATR
NBHC
NBHC
Q1 26
$126.8M
Q4 25
$123.8M
$100.6M
Q3 25
$128.3M
$108.9M
Q2 25
$114.8M
$104.5M
Q1 25
$113.2M
$102.1M
Q4 24
$118.2M
$101.3M
Q3 24
$114.6M
$106.0M
Q2 24
$110.6M
$97.6M
Net Profit
NATR
NATR
NBHC
NBHC
Q1 26
$20.8M
Q4 25
$4.1M
$16.0M
Q3 25
$5.3M
$35.3M
Q2 25
$5.3M
$34.0M
Q1 25
$4.7M
$24.2M
Q4 24
$-321.0K
$28.2M
Q3 24
$4.3M
$33.1M
Q2 24
$1.3M
$26.1M
Gross Margin
NATR
NATR
NBHC
NBHC
Q1 26
Q4 25
72.5%
Q3 25
73.3%
Q2 25
71.7%
Q1 25
72.1%
Q4 24
72.0%
Q3 24
71.3%
Q2 24
71.4%
Operating Margin
NATR
NATR
NBHC
NBHC
Q1 26
Q4 25
4.3%
19.0%
Q3 25
7.0%
39.6%
Q2 25
3.7%
39.8%
Q1 25
5.4%
29.2%
Q4 24
3.8%
34.3%
Q3 24
4.6%
37.6%
Q2 24
5.1%
32.5%
Net Margin
NATR
NATR
NBHC
NBHC
Q1 26
16.4%
Q4 25
3.3%
15.9%
Q3 25
4.2%
32.4%
Q2 25
4.6%
32.6%
Q1 25
4.2%
23.7%
Q4 24
-0.3%
27.8%
Q3 24
3.8%
31.2%
Q2 24
1.2%
26.8%
EPS (diluted)
NATR
NATR
NBHC
NBHC
Q1 26
$0.46
Q4 25
$0.23
$0.42
Q3 25
$0.30
$0.92
Q2 25
$0.28
$0.88
Q1 25
$0.25
$0.63
Q4 24
$-0.02
$0.72
Q3 24
$0.23
$0.86
Q2 24
$0.07
$0.68

Balance Sheet & Financial Strength

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

Metric
NATR
NATR
NBHC
NBHC
Cash + ST InvestmentsLiquidity on hand
$93.9M
$472.8M
Total DebtLower is stronger
$202.1M
Stockholders' EquityBook value
$161.6M
$1.7B
Total Assets
$261.1M
$12.6B
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NATR
NATR
NBHC
NBHC
Q1 26
$472.8M
Q4 25
$93.9M
$417.1M
Q3 25
$95.6M
$555.6M
Q2 25
$81.3M
$296.5M
Q1 25
$86.5M
$246.3M
Q4 24
$84.7M
$127.8M
Q3 24
$78.7M
$180.8M
Q2 24
$68.7M
$145.0M
Total Debt
NATR
NATR
NBHC
NBHC
Q1 26
$202.1M
Q4 25
$54.5M
Q3 25
$54.7M
Q2 25
$54.4M
Q1 25
$54.6M
Q4 24
$54.5M
Q3 24
$54.4M
Q2 24
$54.4M
Stockholders' Equity
NATR
NATR
NBHC
NBHC
Q1 26
$1.7B
Q4 25
$161.6M
$1.4B
Q3 25
$166.7M
$1.4B
Q2 25
$163.7M
$1.4B
Q1 25
$167.1M
$1.3B
Q4 24
$161.0M
$1.3B
Q3 24
$162.6M
$1.3B
Q2 24
$156.4M
$1.2B
Total Assets
NATR
NATR
NBHC
NBHC
Q1 26
$12.6B
Q4 25
$261.1M
$9.9B
Q3 25
$264.8M
$10.2B
Q2 25
$254.9M
$10.0B
Q1 25
$252.7M
$10.1B
Q4 24
$240.9M
$9.8B
Q3 24
$245.3M
$10.0B
Q2 24
$235.8M
$10.0B
Debt / Equity
NATR
NATR
NBHC
NBHC
Q1 26
0.12×
Q4 25
0.04×
Q3 25
0.04×
Q2 25
0.04×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.04×

Cash Flow & Capital Efficiency

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

Metric
NATR
NATR
NBHC
NBHC
Operating Cash FlowLast quarter
$9.9M
Free Cash FlowOCF − Capex
$7.6M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
2.41×
TTM Free Cash FlowTrailing 4 quarters
$28.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NATR
NATR
NBHC
NBHC
Q1 26
Q4 25
$9.9M
$162.4M
Q3 25
$18.5M
$52.4M
Q2 25
$4.3M
$32.3M
Q1 25
$2.6M
$39.6M
Q4 24
$12.2M
$155.3M
Q3 24
$9.6M
$47.0M
Q2 24
$1.3M
$31.9M
Free Cash Flow
NATR
NATR
NBHC
NBHC
Q1 26
Q4 25
$7.6M
Q3 25
$16.8M
Q2 25
$3.0M
Q1 25
$1.5M
Q4 24
$10.0M
Q3 24
$7.9M
Q2 24
$-2.0M
FCF Margin
NATR
NATR
NBHC
NBHC
Q1 26
Q4 25
6.1%
Q3 25
13.1%
Q2 25
2.6%
Q1 25
1.3%
Q4 24
8.5%
Q3 24
6.9%
Q2 24
-1.9%
Capex Intensity
NATR
NATR
NBHC
NBHC
Q1 26
Q4 25
1.9%
Q3 25
1.3%
Q2 25
1.2%
Q1 25
1.0%
Q4 24
1.9%
Q3 24
1.5%
Q2 24
3.0%
Cash Conversion
NATR
NATR
NBHC
NBHC
Q1 26
Q4 25
2.41×
10.13×
Q3 25
3.46×
1.48×
Q2 25
0.81×
0.95×
Q1 25
0.55×
1.64×
Q4 24
5.51×
Q3 24
2.21×
1.42×
Q2 24
0.97×
1.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NATR
NATR

Other$68.1M55%
General Health Products$20.2M16%
Digestive Products$13.8M11%
Cardiovascular Products$12.1M10%
Personal Care Products$4.4M4%
Immunity Products$3.1M3%
Weight Management Products$2.1M2%

NBHC
NBHC

Net Interest Income$108.8M86%
Noninterest Income$18.0M14%

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