Sunday 11 October 2026 Export all NFG data to Excel Powerpack

National Fuel Gas Company

NFG Energy Oil & Gas Integrated

National Fuel Gas Company’s revenue for fiscal 2025 (year ended September 2025) was $2.3 billion, up 17.1% from fiscal 2024. In the quarter to June 2026, revenue grew 1.07%, EPS fell 12.1%, free cash flow fell 43.2% and total debt rose 33.0%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years.

78.66 0.45 +0.58%
Market cap
$7.4B
P/E
10.8×
Fwd P/E
10.5×
Dividend yield
2.77%
F-score
7/9
Altman Z
1.71
Beneish M
−2.44
Dividend safety
57/100
Sep '25 Sep '24 Sep '23 Sep '22 Sep '21 Sep '20 Sep '19 Sep '18 Sep '17 Sep '16
P/E ratio
16.09 73.02 9.73 9.94 13.20 0.00 13.29 12.30 17.28 0.00
Piotroski F-Score
7 5 4 6 7 3 5 5 5 —
Altman Z-Score
1.71 1.11 1.36 1.30 1.13 0.84 1.35 1.53 1.47 0.87
P/S ratio
3.67 2.86 2.13 2.57 2.75 2.31 2.39 3.02 3.10 3.16
Altman Z″-Score (non-manufacturers)
1.57 0.81 1.63 0.74 0.80 0.77 1.63 1.78 1.70 0.41
P/FCF ratio
44.65 41.30 20.38 22.05 120.20 144.82 0.00 55.46 18.79 31.70
P/Operating CF
35.16 28.11 25.45 35.50 39.97 30.53 32.65 49.52 36.72 35.56
Beneish M-Score
(2.44) (3.32) (3.34) (1.97) (2.55) (3.12) (2.71) (2.44) (2.95) (2.95)
Dividend Safety Score
57 — — — — — — — — —
P/B ratio
2.70 1.95 1.56 2.71 2.68 1.81 1.89 2.49 2.88 3.00
Price to Tangible BV
2.71 1.96 1.57 2.71 2.69 1.82 1.90 2.49 2.88 3.02
EV/Sales
4.83 4.22 3.34 3.71 4.30 4.03 3.78 4.37 4.26 4.50
EV/EBITDA
8.66 12.32 6.23 6.86 7.68 18.54 8.13 9.15 8.22 0.00
EV/Operating CF
10.00 7.71 5.87 9.99 9.46 8.41 9.22 11.32 9.82 11.11
EV/FCF
58.75 60.96 31.94 31.83 188.07 252.70 (67.78) 80.21 25.79 45.21
Quick Ratio
0.24 0.15 0.27 0.26 0.26 0.36 0.40 0.85 1.04 0.87
Current Ratio
0.44 0.32 0.51 0.39 0.42 0.68 0.86 1.24 1.27 1.36
Net Debt/EBITDA
2.08 3.97 2.25 2.11 2.77 7.92 2.77 2.51 2.23 (11.70)
Debt/Assets
30.77% 32.31% 32.38% 33.34% 37.81% 38.49% 34.15% 35.51% 39.06% 37.01%
Debt/Equity
0.87 0.94 0.90 1.27 1.58 1.36 1.03 1.11 1.40 1.37
Asset Turnover
0.27 0.23 0.27 0.28 0.24 0.23 0.27 0.26 0.27 0.24
Operating CF/Net income
2.12 13.75 2.59 1.44 2.18 (5.99) 2.28 1.57 2.41 (2.02)
Capex/Depreciation
(2.00) (2.04) (2.47) (1.51) (2.24) (2.34) (2.86) (2.19) (1.89) (1.78)
Interest Coverage
5.22 1.51 5.73 6.25 4.37 0.26 4.79 4.54 4.95 (3.44)
ROE
17.45% 2.67% 18.91% 29.28% 19.35% (6.02%) 14.93% 21.51% 17.55% (16.38%)
ROA
6.09% 0.93% 5.90% 7.37% 5.04% (1.84%) 4.87% 6.45% 4.83% (4.77%)
ROIC
8.87% 2.38% 8.44% 11.13% 8.91% 0.40% 7.41% 8.44% 10.51% (7.48%)
Return on Tangible Assets
7.20% 1.17% 6.90% 10.51% 6.41% (2.11%) 5.58% 7.70% 5.85% (6.38%)
Average Days of Receivables
28.98 23.88 26.97 60.38 43.00 33.89 30.17 32.43 25.96 33.47
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
28.64% 31.31% 26.29% 28.47% 32.74% 34.08% 30.68% 31.03% 30.80% 36.02%
Intangible Assets out of Total Assets
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Share Based Compensation of Revenue
0.87% 1.14% 0.95% 0.89% 0.98% 0.97% 1.25% 0.99% 0.78% 0.40%
Graham Net Nets
(0.62) (0.92) (1.06) (0.90) (1.08) (1.31) (0.98) (0.74) (0.73) (0.81)
Graham Number
66.45 24.07 61.41 56.29 41.90 0.00 44.39 48.12 38.61 0.00
Earnings Yield
6.21% 1.37% 10.28% 10.06% 7.58% (3.35%) 7.52% 8.13% 5.79% (6.34%)
Free Cash Flow Yield
2.24% 2.42% 4.91% 4.53% 0.83% 0.69% (2.33%) 1.80% 5.32% 3.15%
Revenue per Share
25.17 21.19 23.69 23.91 19.12 17.58 19.64 18.56 18.51 17.12
Operating CF per Share
12.15 11.61 13.48 8.89 8.69 8.42 8.05 7.17 8.02 6.94
Capex per Share
(10.09) (10.15) (11.01) (6.10) (8.25) (8.14) (9.15) (6.16) (4.96) (5.24)
Free Cash Flow per Share
2.07 1.47 2.48 2.79 0.44 0.28 (1.10) 1.01 3.05 1.71
Cash per Share
0.48 0.42 0.60 1.51 1.32 0.23 0.32 2.72 6.53 1.55
Shareholders Equity per Share
34.19 31.03 32.30 22.75 19.60 22.42 24.80 22.57 19.96 18.00
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
34.19 31.03 32.30 22.75 19.60 22.42 24.80 22.57 19.96 18.00
Free Cash Flow
187.21 134.73 227.21 255.13 39.82 24.66 (94.45) 86.81 260.73 144.72
Working Capital
(515.04) (739.97) (391.88) (1,181.44) (713.68) (145.37) (59.28) 104.53 172.24 109.29
Capital Expenditures
(912.82) (931.24) (1,009.87) (557.39) (751.73) (716.15) (788.94) (528.50) (423.78) (444.26)
Net Current Asset Value
(5,213.77) (5,115.51) (4,902.46) (5,055.23) (5,156.17) (4,678.75) (3,960.51) (3,554.56) (3,581.30) (3,696.35)
EV/EBIT
13.52 39.16 9.61 9.97 11.70 208.68 12.51 13.40 11.33 0.00
Capex to Sales
0.40 0.48 0.46 0.26 0.43 0.46 0.47 0.33 0.27 0.31
Price to Operating Income
10.28 26.53 6.13 6.91 7.48 119.59 7.91 9.26 8.25 0.00
Other line items
Depreciation/Fixed assets
0.06 0.06 0.06 0.06 0.05 0.05 0.05 0.05 0.05 0.06
Cash ROIC
3.22% 2.42% 3.99% 5.26% 0.84% 0.53% (2.16%) 2.01% 5.61% 3.86%
Accounts Receivable Turnover
14.79 13.51 8.33 7.71 9.99 10.91 12.03 12.55 12.87 12.19
Accounts Payable Turnover
1.09 0.72 2.24 2.23 1.09 1.66 2.58 2.33 2.17 0.81
Inventory Turnover
2.56 1.83 5.66 4.89 1.99 2.88 5.12 4.72 3.99 2.23
Average Days of Payables
316.39 505.41 176.17 166.97 364.68 226.15 128.73 176.57 167.67 314.71
Days of Inventory on Hand
143.67 201.21 67.98 67.96 185.29 132.98 73.09 79.56 92.31 168.21
Average Receivables
154.01 143.91 261.11 283.46 174.44 141.77 140.73 126.94 122.79 119.10
Average Payables
196.40 209.50 195.29 175.52 158.30 140.57 149.83 144.93 127.02 182.38
Average Inventory
83.37 82.11 77.25 80.12 86.22 81.28 75.49 71.63 68.91 66.43
Average Assets
8,519.44 8,300.02 8,088.26 7,680.54 7,214.88 6,713.55 6,249.32 6,069.90 5,869.85 6,100.66
Average Common Equity
2,971.47 2,905.86 2,521.64 1,933.05 1,879.10 2,055.51 2,038.18 1,820.53 1,615.37 1,776.22

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