vs
Side-by-side financial comparison of NACCO INDUSTRIES INC (NC) and TELOS CORP (TLS). Click either name above to swap in a different company.
NACCO INDUSTRIES INC is the larger business by last-quarter revenue ($66.8M vs $46.8M, roughly 1.4× TELOS CORP). NACCO INDUSTRIES INC runs the higher net margin — -5.8% vs -34.9%, a 29.1% gap on every dollar of revenue. On growth, TELOS CORP posted the faster year-over-year revenue change (77.4% vs -5.2%). Over the past eight quarters, TELOS CORP's revenue compounded faster (25.7% CAGR vs 11.9%).
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...
Telos Corporation is an information technology and cybersecurity company located in Ashburn, Virginia. Telos primarily serves government and enterprise clients, receiving a large number of its contracts from the United States Department of Defense. Customers are primarily military, intelligence and civilian agencies of the US government and NATO allies.
NC vs TLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $66.8M | $46.8M |
| Net Profit | $-3.8M | $-16.3M |
| Gross Margin | 18.0% | 35.0% |
| Operating Margin | 11.3% | -39.6% |
| Net Margin | -5.8% | -34.9% |
| Revenue YoY | -5.2% | 77.4% |
| Net Profit YoY | -150.8% | -74.8% |
| EPS (diluted) | $-0.53 | $-0.22 |
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.
| Q4 25 | $66.8M | $46.8M | ||
| Q3 25 | $76.6M | $51.4M | ||
| Q2 25 | $68.2M | $36.0M | ||
| Q1 25 | $65.6M | $30.6M | ||
| Q4 24 | $70.4M | $26.4M | ||
| Q3 24 | $61.7M | $23.8M | ||
| Q2 24 | $52.3M | $28.5M | ||
| Q1 24 | $53.3M | $29.6M |
| Q4 25 | $-3.8M | $-16.3M | ||
| Q3 25 | $13.3M | $-2.1M | ||
| Q2 25 | $3.3M | $-9.5M | ||
| Q1 25 | $4.9M | $-8.6M | ||
| Q4 24 | $7.6M | $-9.3M | ||
| Q3 24 | $15.6M | $-28.1M | ||
| Q2 24 | $6.0M | $-7.8M | ||
| Q1 24 | $4.6M | $-7.4M |
| Q4 25 | 18.0% | 35.0% | ||
| Q3 25 | 13.0% | 39.9% | ||
| Q2 25 | 10.0% | 33.2% | ||
| Q1 25 | 14.7% | 39.8% | ||
| Q4 24 | 12.0% | 40.3% | ||
| Q3 24 | 11.7% | 13.2% | ||
| Q2 24 | 13.4% | 34.1% | ||
| Q1 24 | 13.2% | 37.0% |
| Q4 25 | 11.3% | -39.6% | ||
| Q3 25 | 8.8% | -4.8% | ||
| Q2 25 | -0.1% | -27.5% | ||
| Q1 25 | 11.7% | -29.5% | ||
| Q4 24 | 5.5% | -37.6% | ||
| Q3 24 | 31.9% | -121.4% | ||
| Q2 24 | 14.1% | -30.3% | ||
| Q1 24 | 8.9% | -28.5% |
| Q4 25 | -5.8% | -34.9% | ||
| Q3 25 | 17.3% | -4.1% | ||
| Q2 25 | 4.8% | -26.5% | ||
| Q1 25 | 7.5% | -28.1% | ||
| Q4 24 | 10.7% | -35.4% | ||
| Q3 24 | 25.4% | -118.0% | ||
| Q2 24 | 11.4% | -27.2% | ||
| Q1 24 | 8.6% | -24.9% |
| Q4 25 | $-0.53 | $-0.22 | ||
| Q3 25 | $1.78 | $-0.03 | ||
| Q2 25 | $0.44 | $-0.13 | ||
| Q1 25 | $0.66 | $-0.12 | ||
| Q4 24 | $0.99 | $-0.13 | ||
| Q3 24 | $2.14 | $-0.39 | ||
| Q2 24 | $0.81 | $-0.11 | ||
| Q1 24 | $0.61 | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $49.7M | $53.2M |
| Total DebtLower is stronger | $100.8M | — |
| Stockholders' EquityBook value | $429.2M | $96.0M |
| Total Assets | $661.2M | $139.9M |
| Debt / EquityLower = less leverage | 0.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $49.7M | $53.2M | ||
| Q3 25 | $52.7M | $59.0M | ||
| Q2 25 | $49.4M | $57.0M | ||
| Q1 25 | $61.9M | $57.8M | ||
| Q4 24 | $72.8M | $54.6M | ||
| Q3 24 | $63.1M | $69.8M | ||
| Q2 24 | $62.4M | $80.1M | ||
| Q1 24 | $61.8M | $93.9M |
| Q4 25 | $100.8M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $99.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $29.0M | — | ||
| Q1 24 | $28.4M | — |
| Q4 25 | $429.2M | $96.0M | ||
| Q3 25 | $426.4M | $119.7M | ||
| Q2 25 | $413.1M | $118.4M | ||
| Q1 25 | $409.1M | $126.1M | ||
| Q4 24 | $404.9M | $127.1M | ||
| Q3 24 | $397.3M | $129.5M | ||
| Q2 24 | $384.1M | $149.1M | ||
| Q1 24 | $381.6M | $154.4M |
| Q4 25 | $661.2M | $139.9M | ||
| Q3 25 | $637.6M | $164.3M | ||
| Q2 25 | $631.3M | $165.0M | ||
| Q1 25 | $634.2M | $158.1M | ||
| Q4 24 | $631.7M | $158.2M | ||
| Q3 24 | $597.4M | $166.3M | ||
| Q2 24 | $560.1M | $182.4M | ||
| Q1 24 | $538.0M | $195.4M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $11.4M | $8.0M |
| Free Cash FlowOCF − Capex | — | $8.0M |
| FCF MarginFCF / Revenue | — | 17.0% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $29.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.4M | $8.0M | ||
| Q3 25 | $42.3M | $9.1M | ||
| Q2 25 | $-7.8M | $7.0M | ||
| Q1 25 | $5.0M | $6.1M | ||
| Q4 24 | $25.2M | $-10.5M | ||
| Q3 24 | $2.8M | $-7.1M | ||
| Q2 24 | $4.1M | $-8.0M | ||
| Q1 24 | $-9.8M | $-350.0K |
| Q4 25 | — | $8.0M | ||
| Q3 25 | — | $8.7M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $6.0M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | — | $-7.1M | ||
| Q2 24 | — | $-8.2M | ||
| Q1 24 | — | $-447.0K |
| Q4 25 | — | 17.0% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 19.0% | ||
| Q1 25 | — | 19.5% | ||
| Q4 24 | — | -47.0% | ||
| Q3 24 | — | -30.0% | ||
| Q2 24 | — | -28.9% | ||
| Q1 24 | — | -1.5% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | 3.19× | — | ||
| Q2 25 | -2.39× | — | ||
| Q1 25 | 1.03× | — | ||
| Q4 24 | 3.33× | — | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | 0.68× | — | ||
| Q1 24 | -2.14× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NC
| Transferred Over Time | $42.7M | 64% |
| Transferred At Point In Time | $24.1M | 36% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
