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Side-by-side financial comparison of NATIONAL FUEL GAS CO (NFG) and Westrock Coffee Co (WEST). 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 $339.5M, roughly 1.9× Westrock Coffee Co). NATIONAL FUEL GAS CO runs the higher net margin — 28.5% vs -6.6%, a 35.1% gap on every dollar of revenue. On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs 24.1%). Westrock Coffee Co produced more free cash flow last quarter ($27.8M vs $-2.7M). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% 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.
Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.
NFG vs WEST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $637.9M | $339.5M |
| Net Profit | $181.6M | $-22.6M |
| Gross Margin | 86.6% | 11.5% |
| Operating Margin | 43.3% | -2.6% |
| Net Margin | 28.5% | -6.6% |
| Revenue YoY | 24.1% | 48.3% |
| Net Profit YoY | 303.8% | 8.3% |
| EPS (diluted) | $1.98 | $-0.22 |
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 | $339.5M | ||
| Q3 25 | $443.1M | $354.8M | ||
| Q2 25 | $527.4M | $280.9M | ||
| Q1 25 | $734.8M | $213.8M | ||
| Q4 24 | $513.8M | $229.0M | ||
| Q3 24 | $310.0M | $220.9M | ||
| Q2 24 | $338.6M | $208.4M | ||
| Q1 24 | $558.7M | $192.5M |
| Q4 25 | $181.6M | $-22.6M | ||
| Q3 25 | $107.3M | $-19.1M | ||
| Q2 25 | $149.8M | $-21.6M | ||
| Q1 25 | $216.4M | $-27.2M | ||
| Q4 24 | $45.0M | $-24.6M | ||
| Q3 24 | $-167.6M | $-14.3M | ||
| Q2 24 | $-54.2M | $-17.8M | ||
| Q1 24 | $166.3M | $-23.7M |
| Q4 25 | 86.6% | 11.5% | ||
| Q3 25 | — | 11.7% | ||
| Q2 25 | 94.7% | 14.7% | ||
| Q1 25 | 81.6% | 13.6% | ||
| Q4 24 | 87.3% | 16.6% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | 98.5% | 19.9% | ||
| Q1 24 | 81.0% | 19.4% |
| Q4 25 | 43.3% | -2.6% | ||
| Q3 25 | 40.6% | -2.4% | ||
| Q2 25 | 43.7% | -5.3% | ||
| Q1 25 | 43.2% | -6.1% | ||
| Q4 24 | 16.8% | -4.3% | ||
| Q3 24 | -63.4% | -5.8% | ||
| Q2 24 | -15.2% | -7.9% | ||
| Q1 24 | 44.9% | -5.3% |
| Q4 25 | 28.5% | -6.6% | ||
| Q3 25 | 24.2% | -5.4% | ||
| Q2 25 | 28.4% | -7.7% | ||
| Q1 25 | 29.4% | -12.7% | ||
| Q4 24 | 8.8% | -10.7% | ||
| Q3 24 | -54.1% | -6.5% | ||
| Q2 24 | -16.0% | -8.5% | ||
| Q1 24 | 29.8% | -12.3% |
| Q4 25 | $1.98 | $-0.22 | ||
| Q3 25 | $1.18 | $-0.20 | ||
| Q2 25 | $1.64 | $-0.23 | ||
| Q1 25 | $2.37 | $-0.29 | ||
| Q4 24 | $0.49 | $-0.26 | ||
| Q3 24 | $-1.81 | $-0.16 | ||
| Q2 24 | $-0.59 | $-0.20 | ||
| Q1 24 | $1.80 | $-0.27 |
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 | $49.9M |
| Total DebtLower is stronger | $2.7B | $444.1M |
| Stockholders' EquityBook value | $3.6B | $-1.9M |
| Total Assets | $9.2B | $1.2B |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $271.4M | $49.9M | ||
| Q3 25 | $43.2M | $34.0M | ||
| Q2 25 | $39.3M | $44.0M | ||
| Q1 25 | $40.0M | $33.1M | ||
| Q4 24 | $48.7M | $26.2M | ||
| Q3 24 | $38.2M | $22.4M | ||
| Q2 24 | $81.4M | $24.3M | ||
| Q1 24 | $50.8M | $12.6M |
| Q4 25 | $2.7B | $444.1M | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.7B | $393.1M | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.4B | — |
| Q4 25 | $3.6B | $-1.9M | ||
| Q3 25 | $3.1B | $11.4M | ||
| Q2 25 | $3.0B | $18.2M | ||
| Q1 25 | $2.8B | $71.4M | ||
| Q4 24 | $-76.2M | $97.5M | ||
| Q3 24 | $-15.5M | $110.3M | ||
| Q2 24 | $5.0M | $81.5M | ||
| Q1 24 | $75.3M | $91.7M |
| Q4 25 | $9.2B | $1.2B | ||
| Q3 25 | $8.7B | $1.2B | ||
| Q2 25 | $8.4B | $1.2B | ||
| Q1 25 | $8.5B | $1.1B | ||
| Q4 24 | $8.3B | $1.1B | ||
| Q3 24 | $8.3B | $1.1B | ||
| Q2 24 | $8.5B | $1.1B | ||
| Q1 24 | $8.7B | $983.3M |
| Q4 25 | 0.75× | — | ||
| Q3 25 | 0.87× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | 0.99× | — | ||
| Q4 24 | — | 4.03× | ||
| 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 | $36.7M |
| Free Cash FlowOCF − Capex | $-2.7M | $27.8M |
| FCF MarginFCF / Revenue | -0.4% | 8.2% |
| Capex IntensityCapex / Revenue | 43.5% | 2.6% |
| Cash ConversionOCF / Net Profit | 1.51× | — |
| TTM Free Cash FlowTrailing 4 quarters | $204.8M | $-107.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $274.9M | $36.7M | ||
| Q3 25 | $237.8M | $-26.6M | ||
| Q2 25 | $388.4M | $-7.0M | ||
| Q1 25 | $253.8M | $-22.1M | ||
| Q4 24 | $220.1M | $2.8M | ||
| Q3 24 | $197.9M | $-332.0K | ||
| Q2 24 | $281.8M | $-23.7M | ||
| Q1 24 | $315.3M | $8.0M |
| Q4 25 | $-2.7M | $27.8M | ||
| Q3 25 | $-47.8M | $-44.7M | ||
| Q2 25 | $195.3M | $-27.5M | ||
| Q1 25 | $59.9M | $-63.4M | ||
| Q4 24 | $-20.3M | $-15.4M | ||
| Q3 24 | $-49.1M | $-36.7M | ||
| Q2 24 | $79.5M | $-59.9M | ||
| Q1 24 | $80.3M | $-60.9M |
| Q4 25 | -0.4% | 8.2% | ||
| Q3 25 | -10.8% | -12.6% | ||
| Q2 25 | 37.0% | -9.8% | ||
| Q1 25 | 8.2% | -29.7% | ||
| Q4 24 | -4.0% | -6.7% | ||
| Q3 24 | -15.8% | -16.6% | ||
| Q2 24 | 23.5% | -28.7% | ||
| Q1 24 | 14.4% | -31.7% |
| Q4 25 | 43.5% | 2.6% | ||
| Q3 25 | 64.4% | 5.1% | ||
| Q2 25 | 36.6% | 7.3% | ||
| Q1 25 | 26.4% | 19.3% | ||
| Q4 24 | 46.8% | 7.9% | ||
| Q3 24 | 79.7% | 16.5% | ||
| Q2 24 | 59.7% | 17.4% | ||
| Q1 24 | 42.1% | 35.8% |
| Q4 25 | 1.51× | — | ||
| Q3 25 | 2.21× | — | ||
| Q2 25 | 2.59× | — | ||
| Q1 25 | 1.17× | — | ||
| Q4 24 | 4.89× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.90× | — |
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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
