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Side-by-side financial comparison of NORTHERN OIL & GAS, INC. (NOG) and Simpson Manufacturing Co., Inc. (SSD). 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 $588.0M, roughly 1.0× Simpson Manufacturing Co., Inc.). Simpson Manufacturing Co., Inc. runs the higher net margin — 15.0% vs -11.6%, a 26.6% gap on every dollar of revenue. On growth, Simpson Manufacturing Co., Inc. posted the faster year-over-year revenue change (9.1% vs -72.6%). Over the past eight quarters, NORTHERN OIL & GAS, INC.'s revenue compounded faster (4.3% CAGR vs -0.8%).
Marathon Oil Corporation was an American company engaged in hydrocarbon exploration. In November 2024, it was acquired by ConocoPhillips and absorbed into the company.
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.
NOG vs SSD — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $610.2M | $588.0M |
| Net Profit | $-70.7M | $88.2M |
| Gross Margin | — | 45.2% |
| Operating Margin | — | 19.5% |
| Net Margin | -11.6% | 15.0% |
| Revenue YoY | -72.6% | 9.1% |
| Net Profit YoY | -198.7% | 13.3% |
| EPS (diluted) | $-0.73 | $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 | $610.2M | $588.0M | ||
| Q4 25 | $610.2M | $539.3M | ||
| Q3 25 | $556.6M | $623.5M | ||
| Q2 25 | $706.8M | $631.1M | ||
| Q1 25 | $602.1M | $538.9M | ||
| Q4 24 | $515.0M | $517.4M | ||
| Q3 24 | $753.6M | $587.2M | ||
| Q2 24 | $560.8M | $597.0M |
| Q1 26 | $-70.7M | $88.2M | ||
| Q4 25 | $-70.7M | $56.2M | ||
| Q3 25 | $-129.1M | $107.4M | ||
| Q2 25 | $99.6M | $103.5M | ||
| Q1 25 | $139.0M | $77.9M | ||
| Q4 24 | $71.7M | $55.4M | ||
| Q3 24 | $298.4M | $93.5M | ||
| Q2 24 | $138.6M | $97.8M |
| Q1 26 | — | 45.2% | ||
| Q4 25 | 80.4% | 43.4% | ||
| Q3 25 | 78.7% | 46.4% | ||
| Q2 25 | 82.8% | 46.7% | ||
| Q1 25 | 81.1% | 46.8% | ||
| Q4 24 | 77.4% | 44.0% | ||
| Q3 24 | 85.8% | 46.8% | ||
| Q2 24 | 82.0% | 46.7% |
| Q1 26 | — | 19.5% | ||
| Q4 25 | -5.5% | 13.9% | ||
| Q3 25 | -22.6% | 22.6% | ||
| Q2 25 | 24.9% | 22.2% | ||
| Q1 25 | 38.1% | 19.0% | ||
| Q4 24 | 25.8% | 14.8% | ||
| Q3 24 | 57.6% | 21.3% | ||
| Q2 24 | 39.0% | 22.1% |
| Q1 26 | -11.6% | 15.0% | ||
| Q4 25 | -11.6% | 10.4% | ||
| Q3 25 | -23.2% | 17.2% | ||
| Q2 25 | 14.1% | 16.4% | ||
| Q1 25 | 23.1% | 14.5% | ||
| Q4 24 | 13.9% | 10.7% | ||
| Q3 24 | 39.6% | 15.9% | ||
| Q2 24 | 24.7% | 16.4% |
| Q1 26 | $-0.73 | $2.13 | ||
| Q4 25 | $-0.67 | $1.34 | ||
| Q3 25 | $-1.33 | $2.58 | ||
| Q2 25 | $1.00 | $2.47 | ||
| Q1 25 | $1.39 | $1.85 | ||
| Q4 24 | $0.71 | $1.31 | ||
| Q3 24 | $2.96 | $2.21 | ||
| Q2 24 | $1.36 | $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 | $14.3M | $341.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.1B | $2.1B |
| Total Assets | $5.4B | $3.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $14.3M | $341.0M | ||
| Q4 25 | $14.3M | $384.1M | ||
| Q3 25 | $31.6M | $297.3M | ||
| Q2 25 | $25.9M | $190.4M | ||
| Q1 25 | $33.6M | $150.3M | ||
| Q4 24 | $8.9M | $239.4M | ||
| Q3 24 | $34.4M | $339.4M | ||
| Q2 24 | $7.8M | $354.9M |
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $300.0M | ||
| Q3 25 | $2.3B | $371.3M | ||
| Q2 25 | $2.4B | $376.9M | ||
| Q1 25 | $2.3B | $382.5M | ||
| Q4 24 | $2.4B | $388.1M | ||
| Q3 24 | $2.0B | $393.8M | ||
| Q2 24 | $1.9B | $399.4M |
| Q1 26 | $2.1B | $2.1B | ||
| Q4 25 | $2.1B | $2.0B | ||
| Q3 25 | $2.2B | $2.0B | ||
| Q2 25 | $2.4B | $1.9B | ||
| Q1 25 | $2.4B | $1.9B | ||
| Q4 24 | $2.3B | $1.8B | ||
| Q3 24 | $2.3B | $1.9B | ||
| Q2 24 | $2.1B | $1.8B |
| Q1 26 | $5.4B | $3.0B | ||
| Q4 25 | $5.4B | $3.1B | ||
| Q3 25 | $5.5B | $3.0B | ||
| Q2 25 | $5.7B | $3.0B | ||
| Q1 25 | $5.7B | $2.8B | ||
| Q4 24 | $5.6B | $2.7B | ||
| Q3 24 | $5.1B | $2.9B | ||
| Q2 24 | $4.7B | $2.8B |
| Q1 26 | — | — | ||
| Q4 25 | 1.13× | 0.15× | ||
| Q3 25 | 1.05× | 0.19× | ||
| Q2 25 | 0.98× | 0.20× | ||
| Q1 25 | 0.96× | 0.21× | ||
| Q4 24 | 1.02× | 0.21× | ||
| Q3 24 | 0.84× | 0.21× | ||
| Q2 24 | 0.91× | 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 | $312.6M | — |
| Free Cash FlowOCF − Capex | $43.2M | — |
| FCF MarginFCF / Revenue | 7.1% | — |
| Capex IntensityCapex / Revenue | 31.5% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $312.6M | — | ||
| Q4 25 | $312.6M | $155.7M | ||
| Q3 25 | $423.1M | $170.2M | ||
| Q2 25 | $362.1M | $125.2M | ||
| Q1 25 | $407.4M | $7.6M | ||
| Q4 24 | $290.3M | $115.8M | ||
| Q3 24 | $385.8M | $103.3M | ||
| Q2 24 | $340.5M | $111.1M |
| Q1 26 | $43.2M | — | ||
| Q4 25 | — | $119.0M | ||
| Q3 25 | — | $133.9M | ||
| Q2 25 | — | $87.3M | ||
| Q1 25 | — | $-42.6M | ||
| Q4 24 | — | $60.3M | ||
| Q3 24 | — | $58.1M | ||
| Q2 24 | — | $70.9M |
| Q1 26 | 7.1% | — | ||
| Q4 25 | — | 22.1% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | — | 13.8% | ||
| Q1 25 | — | -7.9% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | — | 9.9% | ||
| Q2 24 | — | 11.9% |
| Q1 26 | 31.5% | — | ||
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | — | 6.0% | ||
| Q1 25 | — | 9.3% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | — | 7.7% | ||
| Q2 24 | — | 6.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.77× | ||
| Q3 25 | — | 1.58× | ||
| Q2 25 | 3.64× | 1.21× | ||
| Q1 25 | 2.93× | 0.10× | ||
| Q4 24 | 4.05× | 2.09× | ||
| Q3 24 | 1.29× | 1.10× | ||
| Q2 24 | 2.46× | 1.14× |
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% |
SSD
Segment breakdown not available.
