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Side-by-side financial comparison of Northwest Natural Holding Co (NWN) and RANGE RESOURCES CORP (RRC). Click either name above to swap in a different company.

RANGE RESOURCES CORP is the larger business by last-quarter revenue ($786.9M vs $394.2M, roughly 2.0× Northwest Natural Holding Co). On growth, RANGE RESOURCES CORP posted the faster year-over-year revenue change (18.0% vs 6.3%). Over the past eight quarters, RANGE RESOURCES CORP's revenue compounded faster (14.6% CAGR vs -4.6%).

NW Natural, formerly Northwest Natural Gas Company, is an American publicly traded utility headquartered in Portland, Oregon, United States. Primarily a natural gas distributor, the company services residential, commercial, and industrial customers in Western Oregon and Southwest Washington in the Pacific Northwest. NW Natural also owns water utilities. Founded in 1859, the company has approximately 800,000 customers and revenues of over $1 billion annually.

Range Resources Corporation is a natural gas exploration and production company, the headquartered is in Fort Worth, Texas. It operates in the Marcellus Formation, where it is the largest land owners.

NWN vs RRC — Head-to-Head

Bigger by revenue
RRC
RRC
2.0× larger
RRC
$786.9M
$394.2M
NWN
Growing faster (revenue YoY)
RRC
RRC
+11.7% gap
RRC
18.0%
6.3%
NWN
Faster 2-yr revenue CAGR
RRC
RRC
Annualised
RRC
14.6%
-4.6%
NWN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NWN
NWN
RRC
RRC
Revenue
$394.2M
$786.9M
Net Profit
$179.1M
Gross Margin
94.5%
Operating Margin
28.4%
Net Margin
22.8%
Revenue YoY
6.3%
18.0%
Net Profit YoY
88.8%
EPS (diluted)
$1.38
$0.75

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
NWN
NWN
RRC
RRC
Q4 25
$394.2M
$786.9M
Q3 25
$164.7M
$655.3M
Q2 25
$236.2M
$699.6M
Q1 25
$494.3M
$846.3M
Q4 24
$370.9M
$667.0M
Q3 24
$136.9M
$567.9M
Q2 24
$211.7M
$513.2M
Q1 24
$433.5M
$598.8M
Net Profit
NWN
NWN
RRC
RRC
Q4 25
$179.1M
Q3 25
$-29.9M
$144.3M
Q2 25
$-2.5M
$237.6M
Q1 25
$87.9M
$97.1M
Q4 24
$94.8M
Q3 24
$-27.2M
$50.7M
Q2 24
$-2.8M
$28.7M
Q1 24
$63.8M
$92.1M
Gross Margin
NWN
NWN
RRC
RRC
Q4 25
94.5%
Q3 25
92.5%
Q2 25
95.0%
Q1 25
93.1%
Q4 24
93.7%
Q3 24
94.3%
Q2 24
93.4%
Q1 24
94.7%
Operating Margin
NWN
NWN
RRC
RRC
Q4 25
28.4%
Q3 25
-7.5%
Q2 25
11.5%
Q1 25
31.2%
Q4 24
22.9%
Q3 24
-14.1%
Q2 24
7.4%
Q1 24
25.3%
Net Margin
NWN
NWN
RRC
RRC
Q4 25
22.8%
Q3 25
-18.1%
22.0%
Q2 25
-1.1%
34.0%
Q1 25
17.8%
11.5%
Q4 24
14.2%
Q3 24
-19.8%
8.9%
Q2 24
-1.3%
5.6%
Q1 24
14.7%
15.4%
EPS (diluted)
NWN
NWN
RRC
RRC
Q4 25
$1.38
$0.75
Q3 25
$-0.73
$0.60
Q2 25
$-0.06
$0.99
Q1 25
$2.18
$0.40
Q4 24
$1.12
$0.38
Q3 24
$-0.71
$0.21
Q2 24
$-0.07
$0.12
Q1 24
$1.69
$0.38

Balance Sheet & Financial Strength

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

Metric
NWN
NWN
RRC
RRC
Cash + ST InvestmentsLiquidity on hand
$36.7M
$204.0K
Total DebtLower is stronger
$2.4B
$1.2B
Stockholders' EquityBook value
$1.5B
$4.3B
Total Assets
$6.2B
$7.4B
Debt / EquityLower = less leverage
1.65×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NWN
NWN
RRC
RRC
Q4 25
$36.7M
$204.0K
Q3 25
$32.2M
$175.0K
Q2 25
$102.6M
$134.0K
Q1 25
$100.0M
$344.6M
Q4 24
$38.5M
$304.5M
Q3 24
$35.0M
$277.4M
Q2 24
$65.2M
$251.1M
Q1 24
$72.4M
$343.1M
Total Debt
NWN
NWN
RRC
RRC
Q4 25
$2.4B
$1.2B
Q3 25
$2.2B
$1.2B
Q2 25
$2.2B
$1.2B
Q1 25
$2.2B
$1.7B
Q4 24
$1.7B
$1.7B
Q3 24
$1.6B
$1.7B
Q2 24
$1.6B
$1.7B
Q1 24
$1.6B
$1.8B
Stockholders' Equity
NWN
NWN
RRC
RRC
Q4 25
$1.5B
$4.3B
Q3 25
$1.4B
$4.2B
Q2 25
$1.5B
$4.1B
Q1 25
$1.5B
$3.9B
Q4 24
$1.4B
$3.9B
Q3 24
$1.4B
$3.9B
Q2 24
$1.3B
$3.9B
Q1 24
$1.3B
$3.8B
Total Assets
NWN
NWN
RRC
RRC
Q4 25
$6.2B
$7.4B
Q3 25
$5.9B
$7.2B
Q2 25
$5.8B
$7.1B
Q1 25
$5.7B
$7.4B
Q4 24
$5.2B
$7.3B
Q3 24
$4.9B
$7.2B
Q2 24
$4.8B
$7.3B
Q1 24
$4.8B
$7.4B
Debt / Equity
NWN
NWN
RRC
RRC
Q4 25
1.65×
0.28×
Q3 25
1.56×
0.29×
Q2 25
1.53×
0.29×
Q1 25
1.53×
0.43×
Q4 24
1.23×
0.43×
Q3 24
1.16×
0.44×
Q2 24
1.17×
0.44×
Q1 24
1.17×
0.46×

Cash Flow & Capital Efficiency

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

Metric
NWN
NWN
RRC
RRC
Operating Cash FlowLast quarter
$3.3M
$257.5M
Free Cash FlowOCF − Capex
$-131.0M
FCF MarginFCF / Revenue
-33.2%
Capex IntensityCapex / Revenue
34.1%
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters
$-197.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NWN
NWN
RRC
RRC
Q4 25
$3.3M
$257.5M
Q3 25
$-15.9M
$247.5M
Q2 25
$102.2M
$336.2M
Q1 25
$179.6M
$330.1M
Q4 24
$-19.4M
$217.9M
Q3 24
$-26.4M
$245.9M
Q2 24
$121.0M
$148.8M
Q1 24
$125.0M
$331.9M
Free Cash Flow
NWN
NWN
RRC
RRC
Q4 25
$-131.0M
Q3 25
$-125.9M
Q2 25
$-18.3M
Q1 25
$77.4M
Q4 24
$-119.6M
Q3 24
$-121.7M
Q2 24
$4.3M
Q1 24
$42.8M
FCF Margin
NWN
NWN
RRC
RRC
Q4 25
-33.2%
Q3 25
-76.4%
Q2 25
-7.8%
Q1 25
15.7%
Q4 24
-32.2%
Q3 24
-88.9%
Q2 24
2.0%
Q1 24
9.9%
Capex Intensity
NWN
NWN
RRC
RRC
Q4 25
34.1%
Q3 25
66.8%
Q2 25
51.0%
Q1 25
20.7%
Q4 24
27.0%
Q3 24
69.6%
Q2 24
55.1%
Q1 24
19.0%
Cash Conversion
NWN
NWN
RRC
RRC
Q4 25
1.44×
Q3 25
1.72×
Q2 25
1.42×
Q1 25
2.04×
3.40×
Q4 24
2.30×
Q3 24
4.85×
Q2 24
5.18×
Q1 24
1.96×
3.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NWN
NWN

NWN Gas Utility$341.4M87%
Alternativerevenue$27.2M7%
Si Energy Gas Utility$20.0M5%
NW Natural Other$6.9M2%

RRC
RRC

Natural Gas Natural Gas Liquids And Oil Sales$745.5M95%
Brokered Natural Gas And Marketing$41.3M5%

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