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Side-by-side financial comparison of NATIONAL FUEL GAS CO (NFG) and Revolve Group, Inc. (RVLV). Click either name above to swap in a different company.
NATIONAL FUEL GAS CO is the larger business by last-quarter revenue ($637.9M vs $324.4M, roughly 2.0× Revolve Group, Inc.). NATIONAL FUEL GAS CO runs the higher net margin — 28.5% vs 5.7%, a 22.8% gap on every dollar of revenue. On growth, NATIONAL FUEL GAS CO posted the faster year-over-year revenue change (24.1% vs 10.4%). NATIONAL FUEL GAS CO produced more free cash flow last quarter ($-2.7M vs $-13.3M). Over the past eight quarters, Revolve Group, Inc.'s revenue compounded faster (9.5% CAGR vs 6.9%).
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.
Revolve Theatre Company is a Henley-on-Thames based theatre company specialising in political and Shakespearean plays. The company is owned by Oliver Dench, Joe Morris and Tom Smith.
NFG vs RVLV — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $637.9M | $324.4M |
| Net Profit | $181.6M | $18.6M |
| Gross Margin | 86.6% | 53.3% |
| Operating Margin | 43.3% | 6.3% |
| Net Margin | 28.5% | 5.7% |
| Revenue YoY | 24.1% | 10.4% |
| Net Profit YoY | 303.8% | 50.4% |
| EPS (diluted) | $1.98 | $0.27 |
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 | $637.9M | $324.4M | ||
| Q3 25 | $443.1M | $295.6M | ||
| Q2 25 | $527.4M | $309.0M | ||
| Q1 25 | $734.8M | $296.7M | ||
| Q4 24 | $513.8M | $293.7M | ||
| Q3 24 | $310.0M | $283.1M | ||
| Q2 24 | $338.6M | $282.5M | ||
| Q1 24 | $558.7M | $270.6M |
| Q4 25 | $181.6M | $18.6M | ||
| Q3 25 | $107.3M | $21.2M | ||
| Q2 25 | $149.8M | $10.2M | ||
| Q1 25 | $216.4M | $11.8M | ||
| Q4 24 | $45.0M | $12.3M | ||
| Q3 24 | $-167.6M | $11.0M | ||
| Q2 24 | $-54.2M | $15.4M | ||
| Q1 24 | $166.3M | $10.9M |
| Q4 25 | 86.6% | 53.3% | ||
| Q3 25 | — | 54.6% | ||
| Q2 25 | 94.7% | 54.1% | ||
| Q1 25 | 81.6% | 52.0% | ||
| Q4 24 | 87.3% | 52.5% | ||
| Q3 24 | — | 51.2% | ||
| Q2 24 | 98.5% | 54.0% | ||
| Q1 24 | 81.0% | 52.3% |
| Q4 25 | 43.3% | 6.3% | ||
| Q3 25 | 40.6% | 7.1% | ||
| Q2 25 | 43.7% | 5.8% | ||
| Q1 25 | 43.2% | 5.0% | ||
| Q4 24 | 16.8% | 3.9% | ||
| Q3 24 | -63.4% | 5.0% | ||
| Q2 24 | -15.2% | 5.8% | ||
| Q1 24 | 44.9% | 3.4% |
| Q4 25 | 28.5% | 5.7% | ||
| Q3 25 | 24.2% | 7.2% | ||
| Q2 25 | 28.4% | 3.3% | ||
| Q1 25 | 29.4% | 4.0% | ||
| Q4 24 | 8.8% | 4.2% | ||
| Q3 24 | -54.1% | 3.9% | ||
| Q2 24 | -16.0% | 5.4% | ||
| Q1 24 | 29.8% | 4.0% |
| Q4 25 | $1.98 | $0.27 | ||
| Q3 25 | $1.18 | $0.29 | ||
| Q2 25 | $1.64 | $0.14 | ||
| Q1 25 | $2.37 | $0.16 | ||
| Q4 24 | $0.49 | $0.18 | ||
| Q3 24 | $-1.81 | $0.15 | ||
| Q2 24 | $-0.59 | $0.21 | ||
| Q1 24 | $1.80 | $0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $271.4M | $292.3M |
| Total DebtLower is stronger | $2.7B | — |
| Stockholders' EquityBook value | $3.6B | $512.5M |
| Total Assets | $9.2B | $765.0M |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $271.4M | $292.3M | ||
| Q3 25 | $43.2M | $315.4M | ||
| Q2 25 | $39.3M | $310.7M | ||
| Q1 25 | $40.0M | $300.8M | ||
| Q4 24 | $48.7M | $256.6M | ||
| Q3 24 | $38.2M | $252.8M | ||
| Q2 24 | $81.4M | $244.7M | ||
| Q1 24 | $50.8M | $273.4M |
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.4B | — |
| Q4 25 | $3.6B | $512.5M | ||
| Q3 25 | $3.1B | $490.2M | ||
| Q2 25 | $3.0B | $468.6M | ||
| Q1 25 | $2.8B | $453.4M | ||
| Q4 24 | $-76.2M | $437.8M | ||
| Q3 24 | $-15.5M | $420.8M | ||
| Q2 24 | $5.0M | $405.8M | ||
| Q1 24 | $75.3M | $389.9M |
| Q4 25 | $9.2B | $765.0M | ||
| Q3 25 | $8.7B | $751.3M | ||
| Q2 25 | $8.4B | $722.9M | ||
| Q1 25 | $8.5B | $713.9M | ||
| Q4 24 | $8.3B | $665.5M | ||
| Q3 24 | $8.3B | $670.9M | ||
| Q2 24 | $8.5B | $657.8M | ||
| Q1 24 | $8.7B | $650.0M |
| Q4 25 | 0.75× | — | ||
| Q3 25 | 0.87× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | 0.99× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 532.10× | — | ||
| Q1 24 | 31.68× | — |
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 | $274.9M | $-10.2M |
| Free Cash FlowOCF − Capex | $-2.7M | $-13.3M |
| FCF MarginFCF / Revenue | -0.4% | -4.1% |
| Capex IntensityCapex / Revenue | 43.5% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.51× | -0.55× |
| TTM Free Cash FlowTrailing 4 quarters | $204.8M | $48.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $274.9M | $-10.2M | ||
| Q3 25 | $237.8M | $11.8M | ||
| Q2 25 | $388.4M | $12.6M | ||
| Q1 25 | $253.8M | $45.1M | ||
| Q4 24 | $220.1M | $3.9M | ||
| Q3 24 | $197.9M | $9.1M | ||
| Q2 24 | $281.8M | $-24.7M | ||
| Q1 24 | $315.3M | $38.4M |
| Q4 25 | $-2.7M | $-13.3M | ||
| Q3 25 | $-47.8M | $7.5M | ||
| Q2 25 | $195.3M | $10.4M | ||
| Q1 25 | $59.9M | $43.4M | ||
| Q4 24 | $-20.3M | $2.1M | ||
| Q3 24 | $-49.1M | $8.0M | ||
| Q2 24 | $79.5M | $-25.7M | ||
| Q1 24 | $80.3M | $36.7M |
| Q4 25 | -0.4% | -4.1% | ||
| Q3 25 | -10.8% | 2.5% | ||
| Q2 25 | 37.0% | 3.4% | ||
| Q1 25 | 8.2% | 14.6% | ||
| Q4 24 | -4.0% | 0.7% | ||
| Q3 24 | -15.8% | 2.8% | ||
| Q2 24 | 23.5% | -9.1% | ||
| Q1 24 | 14.4% | 13.5% |
| Q4 25 | 43.5% | 1.0% | ||
| Q3 25 | 64.4% | 1.5% | ||
| Q2 25 | 36.6% | 0.7% | ||
| Q1 25 | 26.4% | 0.6% | ||
| Q4 24 | 46.8% | 0.6% | ||
| Q3 24 | 79.7% | 0.4% | ||
| Q2 24 | 59.7% | 0.4% | ||
| Q1 24 | 42.1% | 0.6% |
| Q4 25 | 1.51× | -0.55× | ||
| Q3 25 | 2.21× | 0.56× | ||
| Q2 25 | 2.59× | 1.24× | ||
| Q1 25 | 1.17× | 3.82× | ||
| Q4 24 | 4.89× | 0.32× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | — | -1.60× | ||
| Q1 24 | 1.90× | 3.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NFG
| Natural Gas Production | $302.5M | 47% |
| Natural Gas Residential Sales | $198.0M | 31% |
| Pipeline And Storage | $69.2M | 11% |
| Natural Gas Commercial Sales | $27.9M | 4% |
| Natural Gas Storage | $25.1M | 4% |
| Other | $4.1M | 1% |
| Natural Gas Midstream | $2.8M | 0% |
RVLV
| Fashion Apparel | $155.1M | 48% |
| Dresses | $76.4M | 24% |
| Handbags Shoes And Accessories | $67.6M | 21% |
| Beauty | $20.3M | 6% |
| Manufactured Product Other | $5.0M | 2% |
| Breakage On Store Credit And Gift Cards | $900.0K | 0% |
