vs

Side-by-side financial comparison of NORTHERN OIL & GAS, INC. (NOG) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.

NORTHERN OIL & GAS, INC. is the larger business by last-quarter revenue ($610.2M vs $387.0M, roughly 1.6× Paylocity Holding Corp). Paylocity Holding Corp runs the higher net margin — 13.0% vs -11.6%, a 24.6% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs -72.6%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $43.2M). Over the past eight quarters, NORTHERN OIL & GAS, INC.'s revenue compounded faster (4.3% CAGR vs 2.7%).

Marathon Oil Corporation was an American company engaged in hydrocarbon exploration. In November 2024, it was acquired by ConocoPhillips and absorbed into the company.

Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.

NOG vs PCTY — Head-to-Head

Bigger by revenue
NOG
NOG
1.6× larger
NOG
$610.2M
$387.0M
PCTY
Growing faster (revenue YoY)
PCTY
PCTY
+83.9% gap
PCTY
11.3%
-72.6%
NOG
Higher net margin
PCTY
PCTY
24.6% more per $
PCTY
13.0%
-11.6%
NOG
More free cash flow
PCTY
PCTY
$70.4M more FCF
PCTY
$113.6M
$43.2M
NOG
Faster 2-yr revenue CAGR
NOG
NOG
Annualised
NOG
4.3%
2.7%
PCTY

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
NOG
NOG
PCTY
PCTY
Revenue
$610.2M
$387.0M
Net Profit
$-70.7M
$50.2M
Gross Margin
72.9%
Operating Margin
18.2%
Net Margin
-11.6%
13.0%
Revenue YoY
-72.6%
11.3%
Net Profit YoY
-198.7%
34.0%
EPS (diluted)
$-0.73
$0.92

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
NOG
NOG
PCTY
PCTY
Q1 26
$610.2M
Q4 25
$610.2M
$387.0M
Q3 25
$556.6M
$378.9M
Q2 25
$706.8M
$369.9M
Q1 25
$602.1M
$421.1M
Q4 24
$515.0M
$347.7M
Q3 24
$753.6M
$333.1M
Q2 24
$560.8M
$324.7M
Net Profit
NOG
NOG
PCTY
PCTY
Q1 26
$-70.7M
Q4 25
$-70.7M
$50.2M
Q3 25
$-129.1M
$48.0M
Q2 25
$99.6M
$48.6M
Q1 25
$139.0M
$91.5M
Q4 24
$71.7M
$37.5M
Q3 24
$298.4M
$49.6M
Q2 24
$138.6M
$48.8M
Gross Margin
NOG
NOG
PCTY
PCTY
Q1 26
Q4 25
80.4%
72.9%
Q3 25
78.7%
73.9%
Q2 25
82.8%
73.5%
Q1 25
81.1%
77.1%
Q4 24
77.4%
72.6%
Q3 24
85.8%
74.4%
Q2 24
82.0%
74.0%
Operating Margin
NOG
NOG
PCTY
PCTY
Q1 26
Q4 25
-5.5%
18.2%
Q3 25
-22.6%
19.6%
Q2 25
24.9%
17.9%
Q1 25
38.1%
30.2%
Q4 24
25.8%
13.4%
Q3 24
57.6%
19.3%
Q2 24
39.0%
19.4%
Net Margin
NOG
NOG
PCTY
PCTY
Q1 26
-11.6%
Q4 25
-11.6%
13.0%
Q3 25
-23.2%
12.7%
Q2 25
14.1%
13.1%
Q1 25
23.1%
21.7%
Q4 24
13.9%
10.8%
Q3 24
39.6%
14.9%
Q2 24
24.7%
15.0%
EPS (diluted)
NOG
NOG
PCTY
PCTY
Q1 26
$-0.73
Q4 25
$-0.67
$0.92
Q3 25
$-1.33
$0.86
Q2 25
$1.00
$0.87
Q1 25
$1.39
$1.61
Q4 24
$0.71
$0.66
Q3 24
$2.96
$0.88
Q2 24
$1.36
$0.85

Balance Sheet & Financial Strength

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

Metric
NOG
NOG
PCTY
PCTY
Cash + ST InvestmentsLiquidity on hand
$14.3M
$162.5M
Total DebtLower is stronger
$81.3M
Stockholders' EquityBook value
$2.1B
$1.1B
Total Assets
$5.4B
$7.0B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOG
NOG
PCTY
PCTY
Q1 26
$14.3M
Q4 25
$14.3M
$162.5M
Q3 25
$31.6M
$165.2M
Q2 25
$25.9M
$398.1M
Q1 25
$33.6M
$477.8M
Q4 24
$8.9M
$482.4M
Q3 24
$34.4M
$778.5M
Q2 24
$7.8M
$401.8M
Total Debt
NOG
NOG
PCTY
PCTY
Q1 26
Q4 25
$2.4B
$81.3M
Q3 25
$2.3B
$81.3M
Q2 25
$2.4B
$162.5M
Q1 25
$2.3B
$243.8M
Q4 24
$2.4B
$325.0M
Q3 24
$2.0B
$325.0M
Q2 24
$1.9B
$0
Stockholders' Equity
NOG
NOG
PCTY
PCTY
Q1 26
$2.1B
Q4 25
$2.1B
$1.1B
Q3 25
$2.2B
$1.1B
Q2 25
$2.4B
$1.2B
Q1 25
$2.4B
$1.2B
Q4 24
$2.3B
$1.2B
Q3 24
$2.3B
$1.1B
Q2 24
$2.1B
$1.0B
Total Assets
NOG
NOG
PCTY
PCTY
Q1 26
$5.4B
Q4 25
$5.4B
$7.0B
Q3 25
$5.5B
$4.2B
Q2 25
$5.7B
$4.4B
Q1 25
$5.7B
$5.2B
Q4 24
$5.6B
$5.3B
Q3 24
$5.1B
$4.0B
Q2 24
$4.7B
$4.2B
Debt / Equity
NOG
NOG
PCTY
PCTY
Q1 26
Q4 25
1.13×
0.07×
Q3 25
1.05×
0.07×
Q2 25
0.98×
0.13×
Q1 25
0.96×
0.20×
Q4 24
1.02×
0.28×
Q3 24
0.84×
0.29×
Q2 24
0.91×
0.00×

Cash Flow & Capital Efficiency

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

Metric
NOG
NOG
PCTY
PCTY
Operating Cash FlowLast quarter
$312.6M
$117.0M
Free Cash FlowOCF − Capex
$43.2M
$113.6M
FCF MarginFCF / Revenue
7.1%
29.4%
Capex IntensityCapex / Revenue
31.5%
0.9%
Cash ConversionOCF / Net Profit
2.33×
TTM Free Cash FlowTrailing 4 quarters
$461.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOG
NOG
PCTY
PCTY
Q1 26
$312.6M
Q4 25
$312.6M
$117.0M
Q3 25
$423.1M
$86.5M
Q2 25
$362.1M
$86.6M
Q1 25
$407.4M
$186.0M
Q4 24
$290.3M
$54.2M
Q3 24
$385.8M
$91.5M
Q2 24
$340.5M
$79.9M
Free Cash Flow
NOG
NOG
PCTY
PCTY
Q1 26
$43.2M
Q4 25
$113.6M
Q3 25
$82.7M
Q2 25
$81.1M
Q1 25
$183.7M
Q4 24
$51.2M
Q3 24
$89.1M
Q2 24
$73.6M
FCF Margin
NOG
NOG
PCTY
PCTY
Q1 26
7.1%
Q4 25
29.4%
Q3 25
21.8%
Q2 25
21.9%
Q1 25
43.6%
Q4 24
14.7%
Q3 24
26.8%
Q2 24
22.7%
Capex Intensity
NOG
NOG
PCTY
PCTY
Q1 26
31.5%
Q4 25
0.9%
Q3 25
1.0%
Q2 25
1.5%
Q1 25
0.5%
Q4 24
0.9%
Q3 24
0.7%
Q2 24
1.9%
Cash Conversion
NOG
NOG
PCTY
PCTY
Q1 26
Q4 25
2.33×
Q3 25
1.80×
Q2 25
3.64×
1.78×
Q1 25
2.93×
2.03×
Q4 24
4.05×
1.45×
Q3 24
1.29×
1.84×
Q2 24
2.46×
1.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NOG
NOG

Oil and Gas Sales$447.7M73%
Gain on Commodity Derivatives, Net$159.3M26%
Other Revenue$3.1M1%

PCTY
PCTY

Recurring Fees$370.1M96%
Implementation Services And Other$16.9M4%

Related Comparisons