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Side-by-side financial comparison of Northann Corp. (NCL) and NEWELL BRANDS INC. (NWL). Click either name above to swap in a different company.

NEWELL BRANDS INC. is the larger business by last-quarter revenue ($1.9B vs $3.5M, roughly 535.1× Northann Corp.). NEWELL BRANDS INC. runs the higher net margin — -16.6% vs -248.2%, a 231.6% gap on every dollar of revenue. On growth, Northann Corp. posted the faster year-over-year revenue change (38.6% vs -2.7%). Over the past eight quarters, Northann Corp.'s revenue compounded faster (28.1% CAGR vs 7.1%).

Northann Corp is a home furnishing enterprise specializing in the design, production and sales of home textile products, decorative accessories and related household goods. Its core markets cover North America, Western Europe and China, targeting mid-to-high end household consumer segments.

Newell Brands Inc. is an American conglomerate of consumer and commercial products. The company's brands and products include Rubbermaid storage/or waste disposal containers; home organization and reusable container products; Contigo and Bubba water bottles; Coleman outdoor products; writing instruments glue ; children's products ; cookware and small appliances and fragrance products.

NCL vs NWL — Head-to-Head

Bigger by revenue
NWL
NWL
535.1× larger
NWL
$1.9B
$3.5M
NCL
Growing faster (revenue YoY)
NCL
NCL
+41.3% gap
NCL
38.6%
-2.7%
NWL
Higher net margin
NWL
NWL
231.6% more per $
NWL
-16.6%
-248.2%
NCL
Faster 2-yr revenue CAGR
NCL
NCL
Annualised
NCL
28.1%
7.1%
NWL

Income Statement — Q3 2025 vs Q4 2025

Metric
NCL
NCL
NWL
NWL
Revenue
$3.5M
$1.9B
Net Profit
$-8.8M
$-315.0M
Gross Margin
-40.6%
33.1%
Operating Margin
-246.9%
-14.3%
Net Margin
-248.2%
-16.6%
Revenue YoY
38.6%
-2.7%
Net Profit YoY
-1872.0%
-483.3%
EPS (diluted)
$-0.07
$-0.75

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
NCL
NCL
NWL
NWL
Q4 25
$1.9B
Q3 25
$3.5M
$1.8B
Q2 25
$1.7M
$1.9B
Q1 25
$3.4M
$1.6B
Q4 24
$4.3M
$1.9B
Q3 24
$2.6M
$1.9B
Q2 24
$3.9M
$2.0B
Q1 24
$4.6M
$1.7B
Net Profit
NCL
NCL
NWL
NWL
Q4 25
$-315.0M
Q3 25
$-8.8M
$21.0M
Q2 25
$-2.3M
$46.0M
Q1 25
$-2.6M
$-37.0M
Q4 24
$-3.9M
$-54.0M
Q3 24
$496.6K
$-198.0M
Q2 24
$-997.5K
$45.0M
Q1 24
$60.0K
$-9.0M
Gross Margin
NCL
NCL
NWL
NWL
Q4 25
33.1%
Q3 25
-40.6%
34.1%
Q2 25
-53.6%
35.4%
Q1 25
11.4%
32.1%
Q4 24
-2.2%
34.2%
Q3 24
63.7%
34.9%
Q2 24
23.2%
34.4%
Q1 24
33.6%
30.5%
Operating Margin
NCL
NCL
NWL
NWL
Q4 25
-14.3%
Q3 25
-246.9%
6.6%
Q2 25
-128.6%
8.8%
Q1 25
-74.9%
1.3%
Q4 24
-32.2%
0.5%
Q3 24
21.6%
-6.2%
Q2 24
-30.0%
8.0%
Q1 24
7.1%
1.0%
Net Margin
NCL
NCL
NWL
NWL
Q4 25
-16.6%
Q3 25
-248.2%
1.2%
Q2 25
-132.5%
2.4%
Q1 25
-76.5%
-2.4%
Q4 24
-91.4%
-2.8%
Q3 24
19.4%
-10.2%
Q2 24
-25.6%
2.2%
Q1 24
1.3%
-0.5%
EPS (diluted)
NCL
NCL
NWL
NWL
Q4 25
$-0.75
Q3 25
$-0.07
$0.05
Q2 25
$-0.02
$0.11
Q1 25
$-0.03
$-0.09
Q4 24
$-0.16
$-0.13
Q3 24
$0.02
$-0.48
Q2 24
$-0.04
$0.11
Q1 24
$0.01
$-0.02

Balance Sheet & Financial Strength

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

Metric
NCL
NCL
NWL
NWL
Cash + ST InvestmentsLiquidity on hand
$40.9K
$203.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.8M
$2.4B
Total Assets
$15.0M
$10.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NCL
NCL
NWL
NWL
Q4 25
$203.0M
Q3 25
$40.9K
$229.0M
Q2 25
$1.1M
$219.0M
Q1 25
$233.0M
Q4 24
$245.2K
$198.0M
Q3 24
$494.0M
Q2 24
$382.0M
Q1 24
$372.0M
Stockholders' Equity
NCL
NCL
NWL
NWL
Q4 25
$2.4B
Q3 25
$1.8M
$2.7B
Q2 25
$4.4M
$2.7B
Q1 25
$3.9M
$2.7B
Q4 24
$2.6M
$2.8B
Q3 24
$1.4M
$2.9B
Q2 24
$969.0K
$3.1B
Q1 24
$712.3K
$3.1B
Total Assets
NCL
NCL
NWL
NWL
Q4 25
$10.7B
Q3 25
$15.0M
$11.3B
Q2 25
$16.5M
$11.5B
Q1 25
$16.5M
$11.3B
Q4 24
$13.9M
$11.0B
Q3 24
$14.6M
$11.8B
Q2 24
$13.1M
$12.0B
Q1 24
$13.2M
$12.1B

Cash Flow & Capital Efficiency

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

Metric
NCL
NCL
NWL
NWL
Operating Cash FlowLast quarter
$-15.6K
$161.0M
Free Cash FlowOCF − Capex
$91.0M
FCF MarginFCF / Revenue
4.8%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$17.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NCL
NCL
NWL
NWL
Q4 25
$161.0M
Q3 25
$-15.6K
$374.0M
Q2 25
$-2.8M
$-58.0M
Q1 25
$-1.0M
$-213.0M
Q4 24
$-1.6M
$150.0M
Q3 24
$169.7K
$282.0M
Q2 24
$-122.2K
$32.0M
Q1 24
$297.9K
$32.0M
Free Cash Flow
NCL
NCL
NWL
NWL
Q4 25
$91.0M
Q3 25
$315.0M
Q2 25
$-117.0M
Q1 25
$-272.0M
Q4 24
$54.0M
Q3 24
$231.0M
Q2 24
$-21.0M
Q1 24
$-27.0M
FCF Margin
NCL
NCL
NWL
NWL
Q4 25
4.8%
Q3 25
17.4%
Q2 25
-6.0%
Q1 25
-17.4%
Q4 24
2.8%
Q3 24
11.9%
Q2 24
-1.0%
Q1 24
-1.6%
Capex Intensity
NCL
NCL
NWL
NWL
Q4 25
3.7%
Q3 25
3.3%
Q2 25
3.0%
Q1 25
3.8%
Q4 24
4.9%
Q3 24
2.6%
Q2 24
2.6%
Q1 24
3.6%
Cash Conversion
NCL
NCL
NWL
NWL
Q4 25
Q3 25
17.81×
Q2 25
-1.26×
Q1 25
Q4 24
Q3 24
0.34×
Q2 24
0.71×
Q1 24
4.96×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NCL
NCL

Segment breakdown not available.

NWL
NWL

Kitchen$538.0M28%
Writing$370.0M20%
Commercial$320.0M17%
Financial Institution Two$286.0M15%
Baby$259.0M14%
Outdoor And Recreation$142.0M7%

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