RGCONasdaqNatural Gas Transmisison & DistributionFiscal year ends September 30
RGC RESOURCES INC
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$22.60−0.03 (-0.13%)
Close on Oct 19, 2026
- Market cap
- $235.47M
- P/E (TTM)
- 16.9
- Dividend yield
- 3.67%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
19.4%−0.5 pts over 5 years
Net margin
13.9%−2.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +12.6% | +4.2% | +8.6% | +3.4% | |
| Operating income | +8.0% | +7.3% | +8.1% | +6.3% | |
| Net income | +12.9% | – | +4.7% | +10.1% | |
| EPS, diluted | +11.2% | – | -0.2% | +6.0% | |
| Free cash flow | – | – | – | +10.7% | |
| Dividend per share | +3.7% | +2.1% | +3.5% | +5.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.7% | 12.3% | 12.0% | |
| Return on assets | 3.7% | 3.9% | 4.1% | |
| Current ratio | 0.54 | 0.87 | 1.03 | |
| Debt to equity | 0.60 | 1.39 | 1.31 | |
| Net debt to EBITDA | 1.95× | 5.98× | 4.89× | |
| Interest coverage | 6.9× | 3.1× | 2.8× | |
| Capex to revenue | 30.4% | 36.3% | 21.7% | |
| Diluted shares | 7M | 8M | 10M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Rgc Resources generated $97.30M from operations and spent $150.95M on capital expenditure, dividends and share buybacks. 75% of that went back into the business.
Generated
$97.30M
Used
$150.95M
Capital expenditure$113.56M75%Dividends$37.39M25%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin13.9%
×Asset turnover0.29×
×Equity multiplier2.93×
=Return on equity, FY202512.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 13.9% | 0.29× | 2.93× | 12.0% |
| FY2024 | 13.9% | 0.27× | 2.99× | 11.3% |
| FY2023 | 11.6% | 0.33× | 3.06× | 11.7% |
| FY2022 | -37.7% | 0.28× | 3.11× | -32.9% |
| FY2021 | 13.4% | 0.25× | 3.14× | 10.7% |
| FY2020 | 16.7% | 0.23× | 3.14× | 12.3% |
| FY2019 | 12.8% | 0.28× | 2.94× | 10.7% |
| FY2018 | 11.1% | 0.33× | 2.88× | 10.5% |
| FY2017 | 10.0% | 0.36× | 3.01× | 10.8% |
| FY2016 | 9.8% | 0.38× | 2.87× | 10.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$13.28M
- Cash generatingOperating cash flow above zero$28.95M
- Return on assets improvedROA up on the prior year3.9% → 4.1%
- Earnings backed by cashOperating cash flow above net income$28.95M vs $13.28M
- Less leverageLong-term debt to assets fell42.6% → 44.2%
- Better liquidityCurrent ratio rose0.87 → 1.03
- No dilutionShare count did not rise10M → 10M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.28 → 0.30