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
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National Fuel Gas Company (NFG) Operating margin
National Fuel Gas Company's operating margin over the twelve months to 30 June 2026 was 40.3%, up 4.5 percentage points from fiscal 2025 (35.7%). Over the past ten years it has ranged from −34.7% (fiscal 2015) to 37.6% (fiscal 2017); the current reading is higher than 73% of that period. That is above the Oil & Gas Integrated industry median of 17.1% and above the Energy sector median of 15.2%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 35.7% | 24.94 |
| FY2024 | 10.8% | (23.96) |
| FY2023 | 34.7% | (2.52) |
| FY2022 | 37.3% | 0.54 |
| FY2021 | 36.7% | 34.79 |
| FY2020 | 1.93% | (28.29) |
| FY2019 | 30.2% | (2.41) |
| FY2018 | 32.6% | (4.95) |
| FY2017 | 37.6% | 66.26 |
| FY2016 | −28.7% | 6.02 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 38.9% | (1.57) |
| Mar 2026 | 40.4% | (1.94) |
| Dec 2025 | 42.4% | 3.83 |
| Sep 2025 | 38.6% | (4.74) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| DEC Diversified Energy Company PLC compare | 45.2% |
| TGS Transportadora De Gas Sa Ord B compare | 43.3% |
| NFG National Fuel Gas Company | 40.3% |
| PBR Petroleo Brasileiro S.A.- Petrobras compare | 34.2% |
| PBR.A Petroleo Brasileiro S.A.- Petrobras compare | 34.2% |
| EC Ecopetrol S.A. compare | 27.6% |
| YPF YPF Sociedad Anonima compare | 23.0% |
| CVE Cenovus Energy Inc compare | 17.1% |
| E Eni SpA compare | 4.46% |
| Oil & Gas Integrated industry median | 17.1% |
| Energy sector median | 15.2% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on NFG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement