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.

Revenue
+1.07%
EPS
−12.1%
Free cash flow
−43.2%
Total debt
+33.0%

Quarter to June 2026, against a year earlier

74.24 0.27 +0.37%
Market cap
$7.0B
P/E
10.2×
Fwd P/E
11.0×
Dividend yield
2.94%
F-score
7/9
Altman Z
1.71
Beneish M
−2.44
Dividend safety
57/100

National Fuel Gas Company (NFG) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, National Fuel Gas Company (NFG) trades at a EV/FCF of 43.6×. Over the past ten years it has ranged from −2,350× (April 2019) to 613× (June 2022); the current reading is higher than 57% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 58.8× (3.62%)
FY2024 61.0× 90.86%
FY2023 31.9× 0.35%
FY2022 31.8× (83.08%)
FY2021 188× (25.58%)
FY2020 253× —
FY2019 −67.8× —
FY2018 80.2× 210.99%
FY2017 25.8× (42.95%)
FY2016 45.2× —

Quarterly newest first

Period EV/FCF Change
Jun 2026 44.9× 21.85%
Mar 2026 36.8× (22.36%)
Dec 2025 47.4× (19.30%)
Sep 2025 58.8× 6.06%
42 more quarters

Against its own ten years

Low −2,350× High 613×
Ten-year median 34.6×
Current reading's percentile 38

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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