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Side-by-side financial comparison of NATIONAL FUEL GAS CO (NFG) and Trip.com Group Ltd (TCOM). 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 $304.6M, roughly 1.4× Trip.com Group Ltd). NATIONAL FUEL GAS CO runs the higher net margin — 35.7% vs 27.8%, a 7.9% gap on every dollar of revenue.

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.

Trip.com Group Limited is a multinational travel agency headquartered in Shanghai, China. It is the largest online travel service provider in the world.

NFG vs TCOM — Head-to-Head

Bigger by revenue
NFG
NFG
1.4× larger
NFG
$425.9M
$304.6M
TCOM
Higher net margin
NFG
NFG
7.9% more per $
NFG
35.7%
27.8%
TCOM

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
NFG
NFG
TCOM
TCOM
Revenue
$425.9M
$304.6M
Net Profit
$152.0M
$84.6M
Gross Margin
78.8%
Operating Margin
81.5%
16.5%
Net Margin
35.7%
27.8%
Revenue YoY
1.7%
Net Profit YoY
EPS (diluted)
$1.59
$0.12

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
NFG
NFG
TCOM
TCOM
Q1 26
$425.9M
Q4 25
$637.9M
$304.6M
Q3 25
$443.1M
Q2 25
$527.4M
Q1 25
$734.8M
Q4 24
$513.8M
Q3 24
$310.0M
Q2 24
$338.6M
$242.7M
Net Profit
NFG
NFG
TCOM
TCOM
Q1 26
$152.0M
Q4 25
$181.6M
$84.6M
Q3 25
$107.3M
Q2 25
$149.8M
Q1 25
$216.4M
Q4 24
$45.0M
Q3 24
$-167.6M
Q2 24
$-54.2M
$73.8M
Gross Margin
NFG
NFG
TCOM
TCOM
Q1 26
Q4 25
86.6%
78.8%
Q3 25
Q2 25
94.7%
Q1 25
81.6%
Q4 24
87.3%
Q3 24
Q2 24
98.5%
81.8%
Operating Margin
NFG
NFG
TCOM
TCOM
Q1 26
81.5%
Q4 25
43.3%
16.5%
Q3 25
40.6%
Q2 25
43.7%
Q1 25
43.2%
Q4 24
16.8%
Q3 24
-63.4%
Q2 24
-15.2%
27.8%
Net Margin
NFG
NFG
TCOM
TCOM
Q1 26
35.7%
Q4 25
28.5%
27.8%
Q3 25
24.2%
Q2 25
28.4%
Q1 25
29.4%
Q4 24
8.8%
Q3 24
-54.1%
Q2 24
-16.0%
30.4%
EPS (diluted)
NFG
NFG
TCOM
TCOM
Q1 26
$1.59
Q4 25
$1.98
$0.12
Q3 25
$1.18
Q2 25
$1.64
Q1 25
$2.37
Q4 24
$0.49
Q3 24
$-1.81
Q2 24
$-0.59
$0.11

Balance Sheet & Financial Strength

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

Metric
NFG
NFG
TCOM
TCOM
Cash + ST InvestmentsLiquidity on hand
$10.8B
Total DebtLower is stronger
$300.0M
$4.2B
Stockholders' EquityBook value
$23.8B
Total Assets
$9.1B
$36.9B
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NFG
NFG
TCOM
TCOM
Q1 26
Q4 25
$271.4M
$10.8B
Q3 25
$43.2M
Q2 25
$39.3M
Q1 25
$40.0M
Q4 24
$48.7M
Q3 24
$38.2M
Q2 24
$81.4M
$12.4B
Total Debt
NFG
NFG
TCOM
TCOM
Q1 26
$300.0M
Q4 25
$2.7B
$4.2B
Q3 25
$2.7B
Q2 25
$2.7B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.7B
Q2 24
$2.7B
$8.2B
Stockholders' Equity
NFG
NFG
TCOM
TCOM
Q1 26
Q4 25
$3.6B
$23.8B
Q3 25
$3.1B
Q2 25
$3.0B
Q1 25
$2.8B
Q4 24
$-76.2M
Q3 24
$-15.5M
Q2 24
$5.0M
$18.1B
Total Assets
NFG
NFG
TCOM
TCOM
Q1 26
$9.1B
Q4 25
$9.2B
$36.9B
Q3 25
$8.7B
Q2 25
$8.4B
Q1 25
$8.5B
Q4 24
$8.3B
Q3 24
$8.3B
Q2 24
$8.5B
$34.2B
Debt / Equity
NFG
NFG
TCOM
TCOM
Q1 26
Q4 25
0.75×
0.18×
Q3 25
0.87×
Q2 25
0.90×
Q1 25
0.99×
Q4 24
Q3 24
Q2 24
532.10×
0.45×

Cash Flow & Capital Efficiency

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

Metric
NFG
NFG
TCOM
TCOM
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.

Operating Cash Flow
NFG
NFG
TCOM
TCOM
Q1 26
$657.3M
Q4 25
$274.9M
Q3 25
$237.8M
Q2 25
$388.4M
Q1 25
$253.8M
Q4 24
$220.1M
Q3 24
$197.9M
Q2 24
$281.8M
Free Cash Flow
NFG
NFG
TCOM
TCOM
Q1 26
Q4 25
$-2.7M
Q3 25
$-47.8M
Q2 25
$195.3M
Q1 25
$59.9M
Q4 24
$-20.3M
Q3 24
$-49.1M
Q2 24
$79.5M
FCF Margin
NFG
NFG
TCOM
TCOM
Q1 26
Q4 25
-0.4%
Q3 25
-10.8%
Q2 25
37.0%
Q1 25
8.2%
Q4 24
-4.0%
Q3 24
-15.8%
Q2 24
23.5%
Capex Intensity
NFG
NFG
TCOM
TCOM
Q1 26
117.0%
Q4 25
43.5%
Q3 25
64.4%
Q2 25
36.6%
Q1 25
26.4%
Q4 24
46.8%
Q3 24
79.7%
Q2 24
59.7%
Cash Conversion
NFG
NFG
TCOM
TCOM
Q1 26
4.32×
Q4 25
1.51×
Q3 25
2.21×
Q2 25
2.59×
Q1 25
1.17×
Q4 24
4.89×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NFG
NFG

Revenues from External Customers$425.8M100%
Intersegment Revenues$126.0K0%

TCOM
TCOM

Others$273.0M90%
Other$31.6M10%

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