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Side-by-side financial comparison of NORTHERN OIL & GAS, INC. (NOG) and WOLVERINE WORLD WIDE INC (WWW). 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 $517.5M, roughly 1.2× WOLVERINE WORLD WIDE INC). WOLVERINE WORLD WIDE INC runs the higher net margin — 6.1% vs -11.6%, a 17.7% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs -72.6%). WOLVERINE WORLD WIDE INC produced more free cash flow last quarter ($145.6M vs $43.2M). Over the past eight quarters, WOLVERINE WORLD WIDE INC's revenue compounded faster (14.5% 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.
Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.
NOG vs WWW — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $610.2M | $517.5M |
| Net Profit | $-70.7M | $31.8M |
| Gross Margin | — | 47.3% |
| Operating Margin | — | 9.7% |
| Net Margin | -11.6% | 6.1% |
| Revenue YoY | -72.6% | 25.5% |
| Net Profit YoY | -198.7% | 162.8% |
| EPS (diluted) | $-0.73 | $0.37 |
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 | $517.5M | ||
| Q4 25 | $610.2M | — | ||
| Q3 25 | $556.6M | $470.3M | ||
| Q2 25 | $706.8M | $474.2M | ||
| Q1 25 | $602.1M | $412.3M | ||
| Q4 24 | $515.0M | $494.7M | ||
| Q3 24 | $753.6M | $440.2M | ||
| Q2 24 | $560.8M | $425.2M |
| Q1 26 | $-70.7M | $31.8M | ||
| Q4 25 | $-70.7M | — | ||
| Q3 25 | $-129.1M | $25.1M | ||
| Q2 25 | $99.6M | $26.8M | ||
| Q1 25 | $139.0M | $12.1M | ||
| Q4 24 | $71.7M | $23.1M | ||
| Q3 24 | $298.4M | $23.2M | ||
| Q2 24 | $138.6M | $13.8M |
| Q1 26 | — | 47.3% | ||
| Q4 25 | 80.4% | — | ||
| Q3 25 | 78.7% | 47.5% | ||
| Q2 25 | 82.8% | 47.2% | ||
| Q1 25 | 81.1% | 47.2% | ||
| Q4 24 | 77.4% | 43.4% | ||
| Q3 24 | 85.8% | 45.1% | ||
| Q2 24 | 82.0% | 43.1% |
| Q1 26 | — | 9.7% | ||
| Q4 25 | -5.5% | — | ||
| Q3 25 | -22.6% | 8.4% | ||
| Q2 25 | 24.9% | 8.6% | ||
| Q1 25 | 38.1% | 4.8% | ||
| Q4 24 | 25.8% | 7.4% | ||
| Q3 24 | 57.6% | 7.9% | ||
| Q2 24 | 39.0% | 6.8% |
| Q1 26 | -11.6% | 6.1% | ||
| Q4 25 | -11.6% | — | ||
| Q3 25 | -23.2% | 5.3% | ||
| Q2 25 | 14.1% | 5.7% | ||
| Q1 25 | 23.1% | 2.9% | ||
| Q4 24 | 13.9% | 4.7% | ||
| Q3 24 | 39.6% | 5.3% | ||
| Q2 24 | 24.7% | 3.2% |
| Q1 26 | $-0.73 | $0.37 | ||
| Q4 25 | $-0.67 | — | ||
| Q3 25 | $-1.33 | $0.30 | ||
| Q2 25 | $1.00 | $0.32 | ||
| Q1 25 | $1.39 | $0.15 | ||
| Q4 24 | $0.71 | $0.29 | ||
| Q3 24 | $2.96 | $0.28 | ||
| Q2 24 | $1.36 | $0.17 |
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 | — |
| Total DebtLower is stronger | — | $621.7M |
| Stockholders' EquityBook value | $2.1B | $408.0M |
| Total Assets | $5.4B | $1.7B |
| Debt / EquityLower = less leverage | — | 1.52× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $14.3M | — | ||
| Q4 25 | $14.3M | — | ||
| Q3 25 | $31.6M | — | ||
| Q2 25 | $25.9M | — | ||
| Q1 25 | $33.6M | — | ||
| Q4 24 | $8.9M | — | ||
| Q3 24 | $34.4M | — | ||
| Q2 24 | $7.8M | — |
| Q1 26 | — | $621.7M | ||
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.3B | $676.4M | ||
| Q2 25 | $2.4B | $708.5M | ||
| Q1 25 | $2.3B | $710.8M | ||
| Q4 24 | $2.4B | $648.0M | ||
| Q3 24 | $2.0B | $702.8M | ||
| Q2 24 | $1.9B | $814.7M |
| Q1 26 | $2.1B | $408.0M | ||
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.2B | $376.7M | ||
| Q2 25 | $2.4B | $344.0M | ||
| Q1 25 | $2.4B | $310.6M | ||
| Q4 24 | $2.3B | $312.9M | ||
| Q3 24 | $2.3B | $295.2M | ||
| Q2 24 | $2.1B | $262.1M |
| Q1 26 | $5.4B | $1.7B | ||
| Q4 25 | $5.4B | — | ||
| Q3 25 | $5.5B | $1.7B | ||
| Q2 25 | $5.7B | $1.8B | ||
| Q1 25 | $5.7B | $1.7B | ||
| Q4 24 | $5.6B | $1.7B | ||
| Q3 24 | $5.1B | $1.8B | ||
| Q2 24 | $4.7B | $1.8B |
| Q1 26 | — | 1.52× | ||
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.05× | 1.80× | ||
| Q2 25 | 0.98× | 2.06× | ||
| Q1 25 | 0.96× | 2.29× | ||
| Q4 24 | 1.02× | 2.07× | ||
| Q3 24 | 0.84× | 2.38× | ||
| Q2 24 | 0.91× | 3.11× |
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 | $146.2M |
| Free Cash FlowOCF − Capex | $43.2M | $145.6M |
| FCF MarginFCF / Revenue | 7.1% | 28.1% |
| Capex IntensityCapex / Revenue | 31.5% | 0.1% |
| Cash ConversionOCF / Net Profit | — | 4.60× |
| TTM Free Cash FlowTrailing 4 quarters | — | $125.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $312.6M | $146.2M | ||
| Q4 25 | $312.6M | — | ||
| Q3 25 | $423.1M | $33.0M | ||
| Q2 25 | $362.1M | $44.6M | ||
| Q1 25 | $407.4M | $-83.8M | ||
| Q4 24 | $290.3M | $82.4M | ||
| Q3 24 | $385.8M | $108.2M | ||
| Q2 24 | $340.5M | $26.7M |
| Q1 26 | $43.2M | $145.6M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $30.1M | ||
| Q2 25 | — | $41.2M | ||
| Q1 25 | — | $-91.4M | ||
| Q4 24 | — | $74.4M | ||
| Q3 24 | — | $104.1M | ||
| Q2 24 | — | $23.7M |
| Q1 26 | 7.1% | 28.1% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 8.7% | ||
| Q1 25 | — | -22.2% | ||
| Q4 24 | — | 15.0% | ||
| Q3 24 | — | 23.6% | ||
| Q2 24 | — | 5.6% |
| Q1 26 | 31.5% | 0.1% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | — | 4.60× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.31× | ||
| Q2 25 | 3.64× | 1.66× | ||
| Q1 25 | 2.93× | -6.93× | ||
| Q4 24 | 4.05× | 3.57× | ||
| Q3 24 | 1.29× | 4.66× | ||
| Q2 24 | 2.46× | 1.93× |
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% |
WWW
| Sales Channel Through Intermediary | $230.2M | 44% |
| Sales Channel Directly To Consumer | $142.6M | 28% |
| Work Group | $134.0M | 26% |
| Other | $10.7M | 2% |
