NFGNYSENatural Gas DistributionFiscal year ends September 30
NATIONAL FUEL GAS CO
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$78.15−1.77 (-2.21%)
Close on Oct 19, 2026
- Market cap
- $7.48B
- P/E (TTM)
- 10.9
- Dividend yield
- 2.69%
National Fuel Gas statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Natural Gas Distribution companies for comparison
Valuation
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Market Cap | $7.43B | $3.85B |
| Enterprise Value | $9.76B | $6.69B |
| PE Ratio | 10.85 | 20.58 |
| PS Ratio | 2.95 | 2.78 |
| P/FCF Ratio | 33.42 | 25.68 |
| P/OCF Ratio | 5.84 | 9.72 |
Enterprise value
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| EV / Sales | 3.88 | 4.40 |
| EV / EBITDA | 6.53 | 13.54 |
| EV / EBIT | 9.64 | 21.33 |
| EV / FCF | 43.91 | 40.83 |
Income (trailing twelve months)
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Revenue | $2.51B | $1.96B |
| Operating Income | $1.01B | $356.99M |
| Pretax Income | $905.44M | $257.00M |
| Net Income | $675.28M | $132.10M |
| EBITDA | $1.49B | $626.69M |
| EPS (Diluted) | $7.20 | $1.96 |
Margins
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Operating Margin | 40.3% | 19.0% |
| Pretax Margin | 36.0% | 13.7% |
| Profit Margin | 26.9% | 10.9% |
| EBITDA Margin | 59.4% | 33.2% |
| FCF Margin | 8.84% | -7.48% |
Returns
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Return on Assets (ROA) | 7.15% | 2.64% |
| Return on Capital Employed (ROCE) | 10.2% | 4.66% |
Growth
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 15.1% | 8.31% |
| Net Income Growth (YoY) | 177.3% | 7.61% |
| EPS Growth (YoY) | 168.7% | 6.88% |
| FCF Growth (YoY) | 19.6% | -17.8% |
| Revenue Growth (3Y CAGR) | 1.38% | 3.90% |
| Revenue Growth (5Y CAGR) | 8.05% | 7.73% |
| EPS Growth (3Y CAGR) | -2.62% | 6.33% |
Balance sheet
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $1.24B | $70.00M |
| Total Debt | $3.57B | $3.59B |
| Net Cash (Debt) | -$2.33B | -$1.91B |
| Net Cash Per Share | -$24.54 | -$20.23 |
| Working Capital | $1.11B | -$8.30M |
Financial position
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Current Ratio | 3.20 | 0.93 |
| Quick Ratio | 2.45 | 0.38 |
| Debt / EBITDA | 2.39 | 5.16 |
| Debt / FCF | 16.05 | 13.31 |
| Net Debt / EBITDA | 1.56 | 4.92 |
| Interest Coverage | 6.81 | 2.43 |
Cash flow (trailing twelve months)
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Operating Cash Flow | $1.27B | $490.44M |
| Capital Expenditures | -$1.05B | -$731.05M |
| Free Cash Flow | $222.27M | -$28.09M |
| FCF Per Share | $2.34 | -$0.72 |
Efficiency
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Asset Turnover | 0.27 | 0.23 |
| Revenue Per Employee | $1.08M | $1.09M |
| Profits Per Employee | $290.82K | $108.08K |
| Employee Count | 2,322 | 1,512 |
Dividends and yields
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Earnings Yield | 9.09% | 4.07% |
| FCF Yield | 2.99% | -3.88% |
| Dividend Yield | 2.69% | 2.92% |
| Buyback Yield | 0.00% | -1.11% |
| Shareholder Yield | 2.69% | 1.61% |
| Dividend Per Share | $2.10 | $1.98 |
| Dividend Growth (YoY) | 3.96% | 5.10% |
| Years of Dividend Growth | 10 | 10 |
| Payout Ratio | 29.4% | 57.9% |
| FCF Payout Ratio | 89.2% | 91.0% |
Shares
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Shares Outstanding | 95,045,100 | 123,005,500 |
| Shares Change (YoY) | 2.42% | 2.12% |
| Shares Change (QoQ) | 0.01% | 0.05% |
| Float | 93,701,200 | 112,991,500 |
| Shares Held by Insiders | 1.41% | 1.67% |
| Shares Held by Institutions | 83.6% | 81.0% |
Taxes
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Income Tax | $230.17M | $40.00M |
| Effective Tax Rate | 25.4% | 16.2% |
Scores
| Measure | National Fuel Gas | Industry median |
|---|---|---|
| Altman Z-Score | 1.70 | 1.03 |
| Piotroski F-Score | 7 | 5 |
Calculated by StockData from National Fuel Gas's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.