vs
Side-by-side financial comparison of NACCO INDUSTRIES INC (NC) and Velocity Financial, Inc. (VEL). Click either name above to swap in a different company.
NACCO INDUSTRIES INC is the larger business by last-quarter revenue ($66.8M vs $51.6M, roughly 1.3× Velocity Financial, Inc.). Velocity Financial, Inc. runs the higher net margin — 67.3% vs -5.8%, a 73.1% gap on every dollar of revenue. On growth, Velocity Financial, Inc. posted the faster year-over-year revenue change (32.8% vs -5.2%). Over the past eight quarters, Velocity Financial, Inc.'s revenue compounded faster (32.3% 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...
Velocity Financial, Inc. is a U.S.-headquartered real estate finance company that offers specialized mortgage loan solutions primarily for residential investment properties. It partners with independent mortgage brokers nationwide, providing real estate investors with short-term bridge loans and long-term rental property financing options tailored to their operational needs.
NC vs VEL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $66.8M | $51.6M |
| Net Profit | $-3.8M | $34.8M |
| Gross Margin | 18.0% | — |
| Operating Margin | 11.3% | 97.0% |
| Net Margin | -5.8% | 67.3% |
| Revenue YoY | -5.2% | 32.8% |
| Net Profit YoY | -150.8% | 67.0% |
| EPS (diluted) | $-0.53 | $0.90 |
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 | $51.6M | ||
| Q3 25 | $76.6M | $49.1M | ||
| Q2 25 | $68.2M | $47.6M | ||
| Q1 25 | $65.6M | $37.5M | ||
| Q4 24 | $70.4M | $38.9M | ||
| Q3 24 | $61.7M | $35.1M | ||
| Q2 24 | $52.3M | $32.4M | ||
| Q1 24 | $53.3M | $29.5M |
| Q4 25 | $-3.8M | $34.8M | ||
| Q3 25 | $13.3M | $25.4M | ||
| Q2 25 | $3.3M | $26.0M | ||
| Q1 25 | $4.9M | $18.9M | ||
| Q4 24 | $7.6M | $20.8M | ||
| Q3 24 | $15.6M | $15.8M | ||
| Q2 24 | $6.0M | $14.8M | ||
| Q1 24 | $4.6M | $17.3M |
| Q4 25 | 18.0% | — | ||
| Q3 25 | 13.0% | — | ||
| Q2 25 | 10.0% | — | ||
| Q1 25 | 14.7% | — | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 11.7% | — | ||
| Q2 24 | 13.4% | — | ||
| Q1 24 | 13.2% | — |
| Q4 25 | 11.3% | 97.0% | ||
| Q3 25 | 8.8% | 72.1% | ||
| Q2 25 | -0.1% | 71.3% | ||
| Q1 25 | 11.7% | 71.7% | ||
| Q4 24 | 5.5% | 82.5% | ||
| Q3 24 | 31.9% | 60.6% | ||
| Q2 24 | 14.1% | 61.3% | ||
| Q1 24 | 8.9% | 78.8% |
| Q4 25 | -5.8% | 67.3% | ||
| Q3 25 | 17.3% | 51.7% | ||
| Q2 25 | 4.8% | 54.6% | ||
| Q1 25 | 7.5% | 50.4% | ||
| Q4 24 | 10.7% | 53.5% | ||
| Q3 24 | 25.4% | 45.1% | ||
| Q2 24 | 11.4% | 45.6% | ||
| Q1 24 | 8.6% | 58.5% |
| Q4 25 | $-0.53 | $0.90 | ||
| Q3 25 | $1.78 | $0.65 | ||
| Q2 25 | $0.44 | $0.69 | ||
| Q1 25 | $0.66 | $0.51 | ||
| Q4 24 | $0.99 | $0.56 | ||
| Q3 24 | $2.14 | $0.44 | ||
| Q2 24 | $0.81 | $0.42 | ||
| Q1 24 | $0.61 | $0.49 |
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 | $92.1M |
| Total DebtLower is stronger | $100.8M | — |
| Stockholders' EquityBook value | $429.2M | $672.5M |
| Total Assets | $661.2M | $7.4B |
| Debt / EquityLower = less leverage | 0.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $49.7M | $92.1M | ||
| Q3 25 | $52.7M | $99.0M | ||
| Q2 25 | $49.4M | $79.6M | ||
| Q1 25 | $61.9M | $51.7M | ||
| Q4 24 | $72.8M | $49.9M | ||
| Q3 24 | $63.1M | $44.1M | ||
| Q2 24 | $62.4M | $47.4M | ||
| Q1 24 | $61.8M | $34.8M |
| 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 | $672.5M | ||
| Q3 25 | $426.4M | $634.3M | ||
| Q2 25 | $413.1M | $597.9M | ||
| Q1 25 | $409.1M | $563.2M | ||
| Q4 24 | $404.9M | $516.9M | ||
| Q3 24 | $397.3M | $484.6M | ||
| Q2 24 | $384.1M | $471.3M | ||
| Q1 24 | $381.6M | $452.9M |
| Q4 25 | $661.2M | $7.4B | ||
| Q3 25 | $637.6M | $7.0B | ||
| Q2 25 | $631.3M | $6.5B | ||
| Q1 25 | $634.2M | $6.0B | ||
| Q4 24 | $631.7M | $5.5B | ||
| Q3 24 | $597.4M | $5.2B | ||
| Q2 24 | $560.1M | $4.9B | ||
| Q1 24 | $538.0M | $4.6B |
| 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 | $18.2M |
| Free Cash FlowOCF − Capex | — | $17.9M |
| FCF MarginFCF / Revenue | — | 34.6% |
| Capex IntensityCapex / Revenue | — | 0.5% |
| Cash ConversionOCF / Net Profit | — | 0.52× |
| TTM Free Cash FlowTrailing 4 quarters | — | $40.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.4M | $18.2M | ||
| Q3 25 | $42.3M | $11.5M | ||
| Q2 25 | $-7.8M | $7.7M | ||
| Q1 25 | $5.0M | $3.5M | ||
| Q4 24 | $25.2M | $37.8M | ||
| Q3 24 | $2.8M | $-17.6M | ||
| Q2 24 | $4.1M | $11.5M | ||
| Q1 24 | $-9.8M | $10.6M |
| Q4 25 | — | $17.9M | ||
| Q3 25 | — | $11.4M | ||
| Q2 25 | — | $7.6M | ||
| Q1 25 | — | $3.5M | ||
| Q4 24 | — | $37.5M | ||
| Q3 24 | — | $-17.6M | ||
| Q2 24 | — | $11.4M | ||
| Q1 24 | — | $10.5M |
| Q4 25 | — | 34.6% | ||
| Q3 25 | — | 23.2% | ||
| Q2 25 | — | 15.9% | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | 96.4% | ||
| Q3 24 | — | -50.3% | ||
| Q2 24 | — | 35.1% | ||
| Q1 24 | — | 35.8% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.1% |
| Q4 25 | — | 0.52× | ||
| Q3 25 | 3.19× | 0.45× | ||
| Q2 25 | -2.39× | 0.29× | ||
| Q1 25 | 1.03× | 0.19× | ||
| Q4 24 | 3.33× | 1.81× | ||
| Q3 24 | 0.18× | -1.11× | ||
| Q2 24 | 0.68× | 0.78× | ||
| Q1 24 | -2.14× | 0.61× |
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% |
VEL
| Related Party | $19.3M | 37% |
| Nonrelated Party | $16.9M | 33% |
| Other | $15.4M | 30% |
