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Side-by-side financial comparison of NATIONAL FUEL GAS CO (NFG) and Simpson Manufacturing Co., Inc. (SSD). Click either name above to swap in a different company.
Simpson Manufacturing Co., Inc. is the larger business by last-quarter revenue ($588.0M vs $425.9M, roughly 1.4× NATIONAL FUEL GAS CO). NATIONAL FUEL GAS CO runs the higher net margin — 35.7% vs 15.0%, a 20.7% gap on every dollar of revenue. On growth, Simpson Manufacturing Co., Inc. posted the faster year-over-year revenue change (9.1% vs 1.7%). Over the past eight quarters, NATIONAL FUEL GAS CO's revenue compounded faster (12.1% CAGR vs -0.8%).
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.
Simpson Manufacturing Company is a leading building materials manufacturer in the United States that produces structural connectors, fasteners, anchors, and products for new construction and retrofitting.
NFG vs SSD — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $425.9M | $588.0M |
| Net Profit | $152.0M | $88.2M |
| Gross Margin | — | 45.2% |
| Operating Margin | 81.5% | 19.5% |
| Net Margin | 35.7% | 15.0% |
| Revenue YoY | 1.7% | 9.1% |
| Net Profit YoY | — | 13.3% |
| EPS (diluted) | $1.59 | $2.13 |
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 | $588.0M | ||
| Q4 25 | $637.9M | $539.3M | ||
| Q3 25 | $443.1M | $623.5M | ||
| Q2 25 | $527.4M | $631.1M | ||
| Q1 25 | $734.8M | $538.9M | ||
| Q4 24 | $513.8M | $517.4M | ||
| Q3 24 | $310.0M | $587.2M | ||
| Q2 24 | $338.6M | $597.0M |
| Q1 26 | $152.0M | $88.2M | ||
| Q4 25 | $181.6M | $56.2M | ||
| Q3 25 | $107.3M | $107.4M | ||
| Q2 25 | $149.8M | $103.5M | ||
| Q1 25 | $216.4M | $77.9M | ||
| Q4 24 | $45.0M | $55.4M | ||
| Q3 24 | $-167.6M | $93.5M | ||
| Q2 24 | $-54.2M | $97.8M |
| Q1 26 | — | 45.2% | ||
| Q4 25 | 86.6% | 43.4% | ||
| Q3 25 | — | 46.4% | ||
| Q2 25 | 94.7% | 46.7% | ||
| Q1 25 | 81.6% | 46.8% | ||
| Q4 24 | 87.3% | 44.0% | ||
| Q3 24 | — | 46.8% | ||
| Q2 24 | 98.5% | 46.7% |
| Q1 26 | 81.5% | 19.5% | ||
| Q4 25 | 43.3% | 13.9% | ||
| Q3 25 | 40.6% | 22.6% | ||
| Q2 25 | 43.7% | 22.2% | ||
| Q1 25 | 43.2% | 19.0% | ||
| Q4 24 | 16.8% | 14.8% | ||
| Q3 24 | -63.4% | 21.3% | ||
| Q2 24 | -15.2% | 22.1% |
| Q1 26 | 35.7% | 15.0% | ||
| Q4 25 | 28.5% | 10.4% | ||
| Q3 25 | 24.2% | 17.2% | ||
| Q2 25 | 28.4% | 16.4% | ||
| Q1 25 | 29.4% | 14.5% | ||
| Q4 24 | 8.8% | 10.7% | ||
| Q3 24 | -54.1% | 15.9% | ||
| Q2 24 | -16.0% | 16.4% |
| Q1 26 | $1.59 | $2.13 | ||
| Q4 25 | $1.98 | $1.34 | ||
| Q3 25 | $1.18 | $2.58 | ||
| Q2 25 | $1.64 | $2.47 | ||
| Q1 25 | $2.37 | $1.85 | ||
| Q4 24 | $0.49 | $1.31 | ||
| Q3 24 | $-1.81 | $2.21 | ||
| Q2 24 | $-0.59 | $2.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $341.0M |
| Total DebtLower is stronger | $300.0M | — |
| Stockholders' EquityBook value | — | $2.1B |
| Total Assets | $9.1B | $3.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $341.0M | ||
| Q4 25 | $271.4M | $384.1M | ||
| Q3 25 | $43.2M | $297.3M | ||
| Q2 25 | $39.3M | $190.4M | ||
| Q1 25 | $40.0M | $150.3M | ||
| Q4 24 | $48.7M | $239.4M | ||
| Q3 24 | $38.2M | $339.4M | ||
| Q2 24 | $81.4M | $354.9M |
| Q1 26 | $300.0M | — | ||
| Q4 25 | $2.7B | $300.0M | ||
| Q3 25 | $2.7B | $371.3M | ||
| Q2 25 | $2.7B | $376.9M | ||
| Q1 25 | $2.7B | $382.5M | ||
| Q4 24 | $2.7B | $388.1M | ||
| Q3 24 | $2.7B | $393.8M | ||
| Q2 24 | $2.7B | $399.4M |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $3.6B | $2.0B | ||
| Q3 25 | $3.1B | $2.0B | ||
| Q2 25 | $3.0B | $1.9B | ||
| Q1 25 | $2.8B | $1.9B | ||
| Q4 24 | $-76.2M | $1.8B | ||
| Q3 24 | $-15.5M | $1.9B | ||
| Q2 24 | $5.0M | $1.8B |
| Q1 26 | $9.1B | $3.0B | ||
| Q4 25 | $9.2B | $3.1B | ||
| Q3 25 | $8.7B | $3.0B | ||
| Q2 25 | $8.4B | $3.0B | ||
| Q1 25 | $8.5B | $2.8B | ||
| Q4 24 | $8.3B | $2.7B | ||
| Q3 24 | $8.3B | $2.9B | ||
| Q2 24 | $8.5B | $2.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.75× | 0.15× | ||
| Q3 25 | 0.87× | 0.19× | ||
| Q2 25 | 0.90× | 0.20× | ||
| Q1 25 | 0.99× | 0.21× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | 532.10× | 0.23× |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 117.0% | — |
| Cash ConversionOCF / Net Profit | 4.32× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $657.3M | — | ||
| Q4 25 | $274.9M | $155.7M | ||
| Q3 25 | $237.8M | $170.2M | ||
| Q2 25 | $388.4M | $125.2M | ||
| Q1 25 | $253.8M | $7.6M | ||
| Q4 24 | $220.1M | $115.8M | ||
| Q3 24 | $197.9M | $103.3M | ||
| Q2 24 | $281.8M | $111.1M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.7M | $119.0M | ||
| Q3 25 | $-47.8M | $133.9M | ||
| Q2 25 | $195.3M | $87.3M | ||
| Q1 25 | $59.9M | $-42.6M | ||
| Q4 24 | $-20.3M | $60.3M | ||
| Q3 24 | $-49.1M | $58.1M | ||
| Q2 24 | $79.5M | $70.9M |
| Q1 26 | — | — | ||
| Q4 25 | -0.4% | 22.1% | ||
| Q3 25 | -10.8% | 21.5% | ||
| Q2 25 | 37.0% | 13.8% | ||
| Q1 25 | 8.2% | -7.9% | ||
| Q4 24 | -4.0% | 11.7% | ||
| Q3 24 | -15.8% | 9.9% | ||
| Q2 24 | 23.5% | 11.9% |
| Q1 26 | 117.0% | — | ||
| Q4 25 | 43.5% | 6.8% | ||
| Q3 25 | 64.4% | 5.8% | ||
| Q2 25 | 36.6% | 6.0% | ||
| Q1 25 | 26.4% | 9.3% | ||
| Q4 24 | 46.8% | 10.7% | ||
| Q3 24 | 79.7% | 7.7% | ||
| Q2 24 | 59.7% | 6.7% |
| Q1 26 | 4.32× | — | ||
| Q4 25 | 1.51× | 2.77× | ||
| Q3 25 | 2.21× | 1.58× | ||
| Q2 25 | 2.59× | 1.21× | ||
| Q1 25 | 1.17× | 0.10× | ||
| Q4 24 | 4.89× | 2.09× | ||
| Q3 24 | — | 1.10× | ||
| Q2 24 | — | 1.14× |
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% |
SSD
Segment breakdown not available.
