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Side-by-side financial comparison of NORTHERN OIL & GAS, INC. (NOG) and RH (RH). Click either name above to swap in a different company.
RH is the larger business by last-quarter revenue ($883.8M vs $610.2M, roughly 1.4× NORTHERN OIL & GAS, INC.). RH runs the higher net margin — 4.1% vs -11.6%, a 15.7% gap on every dollar of revenue. On growth, RH posted the faster year-over-year revenue change (8.9% vs -72.6%). RH produced more free cash flow last quarter ($83.0M vs $43.2M). Over the past eight quarters, RH's revenue compounded faster (9.4% CAGR vs 4.3%).
Marathon Oil Corporation was an American company engaged in hydrocarbon exploration. In November 2024, it was acquired by ConocoPhillips and absorbed into the company.
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
NOG vs RH — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $610.2M | $883.8M |
| Net Profit | $-70.7M | $36.3M |
| Gross Margin | — | 44.1% |
| Operating Margin | — | 12.0% |
| Net Margin | -11.6% | 4.1% |
| Revenue YoY | -72.6% | 8.9% |
| Net Profit YoY | -198.7% | 9.3% |
| EPS (diluted) | $-0.73 | $1.83 |
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 | $610.2M | — | ||
| Q4 25 | $610.2M | $883.8M | ||
| Q3 25 | $556.6M | $899.2M | ||
| Q2 25 | $706.8M | $814.0M | ||
| Q1 25 | $602.1M | $812.4M | ||
| Q4 24 | $515.0M | $811.7M | ||
| Q3 24 | $753.6M | $829.7M | ||
| Q2 24 | $560.8M | $727.0M |
| Q1 26 | $-70.7M | — | ||
| Q4 25 | $-70.7M | $36.3M | ||
| Q3 25 | $-129.1M | $51.7M | ||
| Q2 25 | $99.6M | $8.0M | ||
| Q1 25 | $139.0M | $13.9M | ||
| Q4 24 | $71.7M | $33.2M | ||
| Q3 24 | $298.4M | $29.0M | ||
| Q2 24 | $138.6M | $-3.6M |
| Q1 26 | — | — | ||
| Q4 25 | 80.4% | 44.1% | ||
| Q3 25 | 78.7% | 45.5% | ||
| Q2 25 | 82.8% | 43.7% | ||
| Q1 25 | 81.1% | 44.7% | ||
| Q4 24 | 77.4% | 44.5% | ||
| Q3 24 | 85.8% | 45.2% | ||
| Q2 24 | 82.0% | 43.5% |
| Q1 26 | — | — | ||
| Q4 25 | -5.5% | 12.0% | ||
| Q3 25 | -22.6% | 14.3% | ||
| Q2 25 | 24.9% | 6.9% | ||
| Q1 25 | 38.1% | 8.7% | ||
| Q4 24 | 25.8% | 12.5% | ||
| Q3 24 | 57.6% | 11.6% | ||
| Q2 24 | 39.0% | 7.5% |
| Q1 26 | -11.6% | — | ||
| Q4 25 | -11.6% | 4.1% | ||
| Q3 25 | -23.2% | 5.8% | ||
| Q2 25 | 14.1% | 1.0% | ||
| Q1 25 | 23.1% | 1.7% | ||
| Q4 24 | 13.9% | 4.1% | ||
| Q3 24 | 39.6% | 3.5% | ||
| Q2 24 | 24.7% | -0.5% |
| Q1 26 | $-0.73 | — | ||
| Q4 25 | $-0.67 | $1.83 | ||
| Q3 25 | $-1.33 | $2.62 | ||
| Q2 25 | $1.00 | $0.40 | ||
| Q1 25 | $1.39 | $0.71 | ||
| Q4 24 | $0.71 | $1.66 | ||
| Q3 24 | $2.96 | $1.45 | ||
| Q2 24 | $1.36 | $-0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.3M | $43.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.1B | $3.3M |
| Total Assets | $5.4B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $14.3M | — | ||
| Q4 25 | $14.3M | $43.1M | ||
| Q3 25 | $31.6M | $34.6M | ||
| Q2 25 | $25.9M | $46.1M | ||
| Q1 25 | $33.6M | $30.4M | ||
| Q4 24 | $8.9M | $87.0M | ||
| Q3 24 | $34.4M | $78.3M | ||
| Q2 24 | $7.8M | $101.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $3.3M | ||
| Q3 25 | $2.2B | $-40.9M | ||
| Q2 25 | $2.4B | $-110.8M | ||
| Q1 25 | $2.4B | $-163.6M | ||
| Q4 24 | $2.3B | $-183.0M | ||
| Q3 24 | $2.3B | $-234.7M | ||
| Q2 24 | $2.1B | $-289.9M |
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.4B | $4.8B | ||
| Q3 25 | $5.5B | $4.7B | ||
| Q2 25 | $5.7B | $4.7B | ||
| Q1 25 | $5.7B | $4.6B | ||
| Q4 24 | $5.6B | $4.5B | ||
| Q3 24 | $5.1B | $4.4B | ||
| Q2 24 | $4.7B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 0.98× | — | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 0.84× | — | ||
| Q2 24 | 0.91× | — |
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 | $312.6M | $131.9M |
| Free Cash FlowOCF − Capex | $43.2M | $83.0M |
| FCF MarginFCF / Revenue | 7.1% | 9.4% |
| Capex IntensityCapex / Revenue | 31.5% | 5.5% |
| Cash ConversionOCF / Net Profit | — | 3.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $128.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $312.6M | — | ||
| Q4 25 | $312.6M | $131.9M | ||
| Q3 25 | $423.1M | $137.7M | ||
| Q2 25 | $362.1M | $86.6M | ||
| Q1 25 | $407.4M | $-18.8M | ||
| Q4 24 | $290.3M | $-31.4M | ||
| Q3 24 | $385.8M | $11.2M | ||
| Q2 24 | $340.5M | $56.1M |
| Q1 26 | $43.2M | — | ||
| Q4 25 | — | $83.0M | ||
| Q3 25 | — | $80.7M | ||
| Q2 25 | — | $34.1M | ||
| Q1 25 | — | $-69.7M | ||
| Q4 24 | — | $-96.0M | ||
| Q3 24 | — | $-37.9M | ||
| Q2 24 | — | $-10.1M |
| Q1 26 | 7.1% | — | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | -8.6% | ||
| Q4 24 | — | -11.8% | ||
| Q3 24 | — | -4.6% | ||
| Q2 24 | — | -1.4% |
| Q1 26 | 31.5% | — | ||
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | 6.3% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 5.9% | ||
| Q2 24 | — | 9.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.64× | ||
| Q3 25 | — | 2.66× | ||
| Q2 25 | 3.64× | 10.78× | ||
| Q1 25 | 2.93× | -1.35× | ||
| Q4 24 | 4.05× | -0.95× | ||
| Q3 24 | 1.29× | 0.39× | ||
| Q2 24 | 2.46× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NOG
| Oil and Gas Sales | $447.7M | 73% |
| Gain on Commodity Derivatives, Net | $159.3M | 26% |
| Other Revenue | $3.1M | 1% |
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
