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

73.90 0.07 −0.09%
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) Free cash flow

Alert me on Free cash flow

National Fuel Gas Company's free cash flow for fiscal 2025 was $187.2M, up 39.0% from $134.7M in fiscal 2024. Over the twelve months to 30 June 2026 it was $222.3M. Over the past ten years it has ranged from −$164.6M (fiscal 2015) to $260.7M (fiscal 2017); the current reading is higher than 73% of that period. National Fuel Gas Company ranks 13th of 19 Oil & Gas Integrated companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $187.2M 38.95%
FY2024 $134.7M (40.70%)
FY2023 $227.2M (10.95%)
FY2022 $255.1M 540.73%
FY2021 $39.8M 61.50%
FY2020 $24.7M —
FY2019 −$94.5M —
FY2018 $86.8M (66.71%)
FY2017 $260.7M 80.16%
FY2016 $144.7M —

Quarterly newest first

Period Free cash flow Change
Jun 2026 $111.0M (31.36%)
Mar 2026 $161.7M —
Dec 2025 −$2.7M —
Sep 2025 −$47.8M —
42 more quarters

Against its own ten years

Low −$164.6M High $260.7M
Ten-year median $134.7M
Current reading's percentile 73

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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