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Side-by-side financial comparison of NATIONAL FUEL GAS CO (NFG) and POTLATCHDELTIC CORP (PCH). Click either name above to swap in a different company.
NATIONAL FUEL GAS CO is the larger business by last-quarter revenue ($425.9M vs $314.2M, roughly 1.4× POTLATCHDELTIC CORP). NATIONAL FUEL GAS CO runs the higher net margin — 35.7% vs 8.2%, a 27.5% gap on every dollar of revenue. On growth, POTLATCHDELTIC CORP posted the faster year-over-year revenue change (23.1% vs 1.7%). Over the past eight quarters, NATIONAL FUEL GAS CO's revenue compounded faster (12.1% CAGR vs 11.1%).
National Fuel Gas Company is a diversified energy company with $6.2 billion in assets distributed among the following five operating segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. National Fuel Gas was incorporated in 1902 and is based in Williamsville, New York.
POTLATCHDELTIC CORPPCHEarnings & Financial Report
PotlatchDeltic Corporation is an American diversified forest products company based in Spokane, Washington.
NFG vs PCH — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $425.9M | $314.2M |
| Net Profit | $152.0M | $25.9M |
| Gross Margin | — | 18.2% |
| Operating Margin | 81.5% | 11.2% |
| Net Margin | 35.7% | 8.2% |
| Revenue YoY | 1.7% | 23.1% |
| Net Profit YoY | — | 682.5% |
| EPS (diluted) | $1.59 | $0.33 |
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.
| Q1 26 | $425.9M | — | ||
| Q4 25 | $637.9M | — | ||
| Q3 25 | $443.1M | $314.2M | ||
| Q2 25 | $527.4M | $275.0M | ||
| Q1 25 | $734.8M | $268.3M | ||
| Q4 24 | $513.8M | $258.1M | ||
| Q3 24 | $310.0M | $255.1M | ||
| Q2 24 | $338.6M | $320.7M |
| Q1 26 | $152.0M | — | ||
| Q4 25 | $181.6M | — | ||
| Q3 25 | $107.3M | $25.9M | ||
| Q2 25 | $149.8M | $7.4M | ||
| Q1 25 | $216.4M | $25.8M | ||
| Q4 24 | $45.0M | $5.2M | ||
| Q3 24 | $-167.6M | $3.3M | ||
| Q2 24 | $-54.2M | $13.7M |
| Q1 26 | — | — | ||
| Q4 25 | 86.6% | — | ||
| Q3 25 | — | 18.2% | ||
| Q2 25 | 94.7% | 13.0% | ||
| Q1 25 | 81.6% | 17.8% | ||
| Q4 24 | 87.3% | 13.4% | ||
| Q3 24 | — | 10.8% | ||
| Q2 24 | 98.5% | 11.9% |
| Q1 26 | 81.5% | — | ||
| Q4 25 | 43.3% | — | ||
| Q3 25 | 40.6% | 11.2% | ||
| Q2 25 | 43.7% | 5.0% | ||
| Q1 25 | 43.2% | 10.3% | ||
| Q4 24 | 16.8% | 5.2% | ||
| Q3 24 | -63.4% | 2.8% | ||
| Q2 24 | -15.2% | 5.4% |
| Q1 26 | 35.7% | — | ||
| Q4 25 | 28.5% | — | ||
| Q3 25 | 24.2% | 8.2% | ||
| Q2 25 | 28.4% | 2.7% | ||
| Q1 25 | 29.4% | 9.6% | ||
| Q4 24 | 8.8% | 2.0% | ||
| Q3 24 | -54.1% | 1.3% | ||
| Q2 24 | -16.0% | 4.3% |
| Q1 26 | $1.59 | — | ||
| Q4 25 | $1.98 | — | ||
| Q3 25 | $1.18 | $0.33 | ||
| Q2 25 | $1.64 | $0.09 | ||
| Q1 25 | $2.37 | $0.33 | ||
| Q4 24 | $0.49 | $0.07 | ||
| Q3 24 | $-1.81 | $0.04 | ||
| Q2 24 | $-0.59 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $88.8M |
| Total DebtLower is stronger | $300.0M | — |
| Stockholders' EquityBook value | — | $1.9B |
| Total Assets | $9.1B | $3.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $271.4M | — | ||
| Q3 25 | $43.2M | $88.8M | ||
| Q2 25 | $39.3M | $95.3M | ||
| Q1 25 | $40.0M | $147.5M | ||
| Q4 24 | $48.7M | $151.6M | ||
| Q3 24 | $38.2M | $161.1M | ||
| Q2 24 | $81.4M | $199.7M |
| Q1 26 | $300.0M | — | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.7B | $1.0B | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.7B | — |
| Q1 26 | — | — | ||
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.1B | $1.9B | ||
| Q2 25 | $3.0B | $1.9B | ||
| Q1 25 | $2.8B | $2.0B | ||
| Q4 24 | $-76.2M | $2.0B | ||
| Q3 24 | $-15.5M | $2.1B | ||
| Q2 24 | $5.0M | $2.1B |
| Q1 26 | $9.1B | — | ||
| Q4 25 | $9.2B | — | ||
| Q3 25 | $8.7B | $3.2B | ||
| Q2 25 | $8.4B | $3.2B | ||
| Q1 25 | $8.5B | $3.3B | ||
| Q4 24 | $8.3B | $3.3B | ||
| Q3 24 | $8.3B | $3.3B | ||
| Q2 24 | $8.5B | $3.4B |
| Q1 26 | — | — | ||
| Q4 25 | 0.75× | — | ||
| Q3 25 | 0.87× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | 0.99× | — | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | — | ||
| Q2 24 | 532.10× | — |
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 | $657.3M | $65.7M |
| Free Cash FlowOCF − Capex | — | $50.1M |
| FCF MarginFCF / Revenue | — | 15.9% |
| Capex IntensityCapex / Revenue | 117.0% | 4.9% |
| Cash ConversionOCF / Net Profit | 4.32× | 2.54× |
| TTM Free Cash FlowTrailing 4 quarters | — | $132.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $657.3M | — | ||
| Q4 25 | $274.9M | — | ||
| Q3 25 | $237.8M | $65.7M | ||
| Q2 25 | $388.4M | $41.0M | ||
| Q1 25 | $253.8M | $49.1M | ||
| Q4 24 | $220.1M | $45.4M | ||
| Q3 24 | $197.9M | $26.5M | ||
| Q2 24 | $281.8M | $100.6M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.7M | — | ||
| Q3 25 | $-47.8M | $50.1M | ||
| Q2 25 | $195.3M | $30.6M | ||
| Q1 25 | $59.9M | $26.3M | ||
| Q4 24 | $-20.3M | $25.4M | ||
| Q3 24 | $-49.1M | $-8.2M | ||
| Q2 24 | $79.5M | $72.4M |
| Q1 26 | — | — | ||
| Q4 25 | -0.4% | — | ||
| Q3 25 | -10.8% | 15.9% | ||
| Q2 25 | 37.0% | 11.1% | ||
| Q1 25 | 8.2% | 9.8% | ||
| Q4 24 | -4.0% | 9.9% | ||
| Q3 24 | -15.8% | -3.2% | ||
| Q2 24 | 23.5% | 22.6% |
| Q1 26 | 117.0% | — | ||
| Q4 25 | 43.5% | — | ||
| Q3 25 | 64.4% | 4.9% | ||
| Q2 25 | 36.6% | 3.8% | ||
| Q1 25 | 26.4% | 8.5% | ||
| Q4 24 | 46.8% | 7.7% | ||
| Q3 24 | 79.7% | 13.6% | ||
| Q2 24 | 59.7% | 8.8% |
| Q1 26 | 4.32× | — | ||
| Q4 25 | 1.51× | — | ||
| Q3 25 | 2.21× | 2.54× | ||
| Q2 25 | 2.59× | 5.58× | ||
| Q1 25 | 1.17× | 1.90× | ||
| Q4 24 | 4.89× | 8.74× | ||
| Q3 24 | — | 7.99× | ||
| Q2 24 | — | 7.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NFG
| Revenues from External Customers | $425.8M | 100% |
| Intersegment Revenues | $126.0K | 0% |
PCH
| Lumber | $131.8M | 42% |
| Timberlands | $52.5M | 17% |
| Rural Real Estate | $51.3M | 16% |
| Residuals And Panels | $34.0M | 11% |
| Pulpwood | $16.7M | 5% |
| Development Real Estate | $14.6M | 5% |
| Other | $8.1M | 3% |
| Other Products | $5.2M | 2% |
