vs

Side-by-side financial comparison of NACCO INDUSTRIES INC (NC) and Reservoir Media, Inc. (RSVR). Click either name above to swap in a different company.

NACCO INDUSTRIES INC is the larger business by last-quarter revenue ($66.8M vs $45.6M, roughly 1.5× Reservoir Media, Inc.). Reservoir Media, Inc. runs the higher net margin — 4.8% vs -5.8%, a 10.6% gap on every dollar of revenue. On growth, Reservoir Media, Inc. posted the faster year-over-year revenue change (7.7% vs -5.2%). Over the past eight quarters, NACCO INDUSTRIES INC's revenue compounded faster (11.9% CAGR vs 7.9%).

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...

Reservoir Media, Inc. is a leading global independent music rights management company. It owns and administers extensive catalogs of recorded music, music publishing copyrights, and neighboring rights, partnering with top songwriters, performing artists, and producers across genres including pop, hip-hop, rock, and film soundtracks. It licenses its content for use across streaming platforms, advertising, film and television productions, live events, and other commercial channels, with operations spanning North America, Europe, and Asia Pacific markets.

NC vs RSVR — Head-to-Head

Bigger by revenue
NC
NC
1.5× larger
NC
$66.8M
$45.6M
RSVR
Growing faster (revenue YoY)
RSVR
RSVR
+12.9% gap
RSVR
7.7%
-5.2%
NC
Higher net margin
RSVR
RSVR
10.6% more per $
RSVR
4.8%
-5.8%
NC
Faster 2-yr revenue CAGR
NC
NC
Annualised
NC
11.9%
7.9%
RSVR

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
NC
NC
RSVR
RSVR
Revenue
$66.8M
$45.6M
Net Profit
$-3.8M
$2.2M
Gross Margin
18.0%
64.5%
Operating Margin
11.3%
22.7%
Net Margin
-5.8%
4.8%
Revenue YoY
-5.2%
7.7%
Net Profit YoY
-150.8%
-58.1%
EPS (diluted)
$-0.53
$0.03

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
NC
NC
RSVR
RSVR
Q4 25
$66.8M
$45.6M
Q3 25
$76.6M
$45.4M
Q2 25
$68.2M
$37.2M
Q1 25
$65.6M
$41.4M
Q4 24
$70.4M
$42.3M
Q3 24
$61.7M
$40.7M
Q2 24
$52.3M
$34.3M
Q1 24
$53.3M
$39.1M
Net Profit
NC
NC
RSVR
RSVR
Q4 25
$-3.8M
$2.2M
Q3 25
$13.3M
$2.3M
Q2 25
$3.3M
$-555.7K
Q1 25
$4.9M
$2.7M
Q4 24
$7.6M
$5.2M
Q3 24
$15.6M
$185.0K
Q2 24
$6.0M
$-346.7K
Q1 24
$4.6M
$2.8M
Gross Margin
NC
NC
RSVR
RSVR
Q4 25
18.0%
64.5%
Q3 25
13.0%
63.6%
Q2 25
10.0%
64.5%
Q1 25
14.7%
65.6%
Q4 24
12.0%
64.4%
Q3 24
11.7%
63.5%
Q2 24
13.4%
61.3%
Q1 24
13.2%
63.4%
Operating Margin
NC
NC
RSVR
RSVR
Q4 25
11.3%
22.7%
Q3 25
8.8%
23.5%
Q2 25
-0.1%
14.7%
Q1 25
11.7%
25.2%
Q4 24
5.5%
22.6%
Q3 24
31.9%
24.9%
Q2 24
14.1%
14.5%
Q1 24
8.9%
22.4%
Net Margin
NC
NC
RSVR
RSVR
Q4 25
-5.8%
4.8%
Q3 25
17.3%
5.0%
Q2 25
4.8%
-1.5%
Q1 25
7.5%
6.4%
Q4 24
10.7%
12.4%
Q3 24
25.4%
0.5%
Q2 24
11.4%
-1.0%
Q1 24
8.6%
7.1%
EPS (diluted)
NC
NC
RSVR
RSVR
Q4 25
$-0.53
$0.03
Q3 25
$1.78
$0.03
Q2 25
$0.44
$-0.01
Q1 25
$0.66
Q4 24
$0.99
$0.08
Q3 24
$2.14
Q2 24
$0.81
$-0.01
Q1 24
$0.61

Balance Sheet & Financial Strength

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

Metric
NC
NC
RSVR
RSVR
Cash + ST InvestmentsLiquidity on hand
$49.7M
$20.6M
Total DebtLower is stronger
$100.8M
Stockholders' EquityBook value
$429.2M
$373.6M
Total Assets
$661.2M
$941.9M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NC
NC
RSVR
RSVR
Q4 25
$49.7M
$20.6M
Q3 25
$52.7M
$27.9M
Q2 25
$49.4M
$14.9M
Q1 25
$61.9M
$21.4M
Q4 24
$72.8M
$17.8M
Q3 24
$63.1M
$21.1M
Q2 24
$62.4M
$16.4M
Q1 24
$61.8M
$18.1M
Total Debt
NC
NC
RSVR
RSVR
Q4 25
$100.8M
Q3 25
Q2 25
Q1 25
Q4 24
$99.4M
Q3 24
Q2 24
$29.0M
Q1 24
$28.4M
Stockholders' Equity
NC
NC
RSVR
RSVR
Q4 25
$429.2M
$373.6M
Q3 25
$426.4M
$370.9M
Q2 25
$413.1M
$368.9M
Q1 25
$409.1M
$364.9M
Q4 24
$404.9M
$359.5M
Q3 24
$397.3M
$357.9M
Q2 24
$384.1M
$353.0M
Q1 24
$381.6M
$353.0M
Total Assets
NC
NC
RSVR
RSVR
Q4 25
$661.2M
$941.9M
Q3 25
$637.6M
$903.5M
Q2 25
$631.3M
$857.0M
Q1 25
$634.2M
$865.1M
Q4 24
$631.7M
$832.4M
Q3 24
$597.4M
$778.2M
Q2 24
$560.1M
$768.2M
Q1 24
$538.0M
$783.5M
Debt / Equity
NC
NC
RSVR
RSVR
Q4 25
0.23×
Q3 25
Q2 25
Q1 25
Q4 24
0.25×
Q3 24
Q2 24
0.08×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
NC
NC
RSVR
RSVR
Operating Cash FlowLast quarter
$11.4M
$12.9M
Free Cash FlowOCF − Capex
$12.8M
FCF MarginFCF / Revenue
28.1%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
5.89×
TTM Free Cash FlowTrailing 4 quarters
$50.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NC
NC
RSVR
RSVR
Q4 25
$11.4M
$12.9M
Q3 25
$42.3M
$19.3M
Q2 25
$-7.8M
$6.0M
Q1 25
$5.0M
$12.2M
Q4 24
$25.2M
$11.2M
Q3 24
$2.8M
$13.3M
Q2 24
$4.1M
$8.6M
Q1 24
$-9.8M
$13.8M
Free Cash Flow
NC
NC
RSVR
RSVR
Q4 25
$12.8M
Q3 25
$19.2M
Q2 25
$6.0M
Q1 25
$12.2M
Q4 24
$11.2M
Q3 24
$13.3M
Q2 24
$8.5M
Q1 24
$13.8M
FCF Margin
NC
NC
RSVR
RSVR
Q4 25
28.1%
Q3 25
42.2%
Q2 25
16.1%
Q1 25
29.3%
Q4 24
26.5%
Q3 24
32.7%
Q2 24
24.9%
Q1 24
35.2%
Capex Intensity
NC
NC
RSVR
RSVR
Q4 25
0.3%
Q3 25
0.3%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.0%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.0%
Cash Conversion
NC
NC
RSVR
RSVR
Q4 25
5.89×
Q3 25
3.19×
8.54×
Q2 25
-2.39×
Q1 25
1.03×
4.56×
Q4 24
3.33×
2.14×
Q3 24
0.18×
71.97×
Q2 24
0.68×
Q1 24
-2.14×
4.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NC
NC

Transferred Over Time$42.7M64%
Transferred At Point In Time$24.1M36%

RSVR
RSVR

Other$18.9M42%
Recorded Music Segment$12.9M28%
Performance$6.2M14%
Synchronization$4.6M10%
Physical$1.9M4%
Neighboring Rights$1.1M3%

Related Comparisons