RGC Resources Inc.

RGCO Utilities Utilities Regulated Gas

RGC Resources Inc.’s revenue for fiscal 2025 (year ended September 2025) was $95.3 million, up 12.6% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS was flat, free cash flow fell 122.9% and total debt rose 4.37%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

22.63 0.25 −1.09%
Market cap
$238.4M
P/E
16.6×
Fwd P/E
16.6×
Dividend yield
4.76%
F-score
6/9
Altman Z
1.17
Beneish M
−2.64
Dividend safety
35/100

Insider Decisions trades per month

Total buys 0.20
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 3 3 3 3 3 2 2 2 2 3 12 2
Sell — — — — — — — — — — — —
Insider Ownership 19.23%

Capital & Financial Ratios $m

Market Cap 238.40
Revenue 107.14
Net Income 13.98
Free Cash Flow 2.09
Net Debt 147.08
Current Ratio 0.94 (below 1: weak)
Debt/Equity 1.22
P/E ratio 16.64
Fwd P/E 16.60
P/S ratio 2.17
P/B ratio 1.89
Past 5Y EPS Growth (0.15%) (below 0%: weak)
This Y EPS Growth 2.33%
Next Y EPS Growth 6.06%
Next Y revenue growth 15.70% (at or above 10%: strong)
Next 5Y EPS Growth 4.69%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 17.34%
10-year low 10-year high
P/S against its own 10 years 22.45%
10-year low 10-year high
P/B against its own 10 years 27.53%
10-year low 10-year high
EV/Sales against its own 10 years 22.67%
10-year low 10-year high

Dividends

Payout Ratio 0.80
Annual Dividend Rate 1.08
Annual Dividend Yield 4.76%
total individual payouts
2027 Powerpack
2026 0.87
0.22
0.22
0.22
0.22
2025 0.83
0.21
0.21
0.21
0.21
2024 0.80
0.20
0.20
0.20
0.20
2023 0.79
0.20
0.20
0.20
0.20
2022 0.78
0.20
0.20
0.20
0.20
2021 0.74
0.19
0.19
0.19
0.19
2020 0.70
0.18
0.18
0.18
0.18
2019 0.66
0.17
0.17
0.17
0.17
2018 0.62
0.16
0.16
0.16
0.16
2017 0.58
0.15
0.15
0.15
0.15
2016 0.54
0.14
0.14
0.14
0.14
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2 1 2 2
Receivables 4 4 5 6
Inventory 13 10 10 6
Other 5 7 4 7
27 25 23 22
2023 2024 2025 Q'26
Payables 6 5 7 8
ST’ Debt 17 14 5 4
Other 3 2 3 4
33 29 23 23

Compound Annual Growth %

10y 5y 3y
Sales 3.41% 8.61% 4.24%
Cash Flow 5.62% 17.68% 23.01%
Earnings 10.06% 4.68% 0.00%
Book Value 7.95% 5.02% 6.85%

Revenue $m

Dec Mar Jun Sep Year
’26 30 45 17 — —
’25 27 36 17 14 95
’24 24 33 14 13 85
’23 33 38 14 12 97
’22 23 30 17 14 84
’21 20 28 14 13 75
’20 20 22 11 10 63
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 1 15 6 — —
’25 1 21 6 1 29
’24 (1) 12 6 0 17
’23 (2) 19 7 0 24
’22 (4) 17 7 (4) 16
’21 0 9 5 (3) 12
’20 1 10 2 0 13
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 (5) 11 0 — —
’25 (5) 16 1 (4) 8
’24 (6) 6 1 (5) (5)
’23 (10) 14 0 (6) (1)
’22 (9) 12 0 (12) (10)
’21 (5) 6 (1) (8) (8)
’20 (5) 6 (5) (6) (10)
Fiscal quarters ending in the months shown.

EPS $

Dec Mar Jun Sep Year
’26 0.47 0.84 0.05 — —
’25 0.51 0.74 0.05 (0.02) 1.29
’24 0.50 0.63 0.02 0.01 1.16
’23 0.33 0.64 0.07 0.10 1.14
’22 0.43 (2.89) 0.06 (1.16) (3.48)
’21 0.58 0.58 0.07 0.00 1.22
’20 0.49 0.70 0.15 (0.04) 1.30
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 13.77 16.60 22.16 25.63 22.58 21.32 18.01 15.36 17.90 19.06

Analyst estimates 2026–2028

Powerpack
High 17.33 31.99 31.33 31.00 31.98 26.02 24.55 24.50 24.20 23.82
People
People Employees 132 109 112 107 101 99 96 100 104 106
Revenue/emp, $m 0.45 0.57 0.59 0.64 0.62 0.76 0.88 0.97 0.81 0.90
Income, $m
Income, $m Revenue 59 62 66 68 63 75 84 97 85 95
Gross margin, % 53.44 52.67 50.01 51.75 61.49 53.17 49.47 46.87 57.48 55.35
EBT 9 10 10 11 14 13 (43) 15 15 17
EBT margin, % 16.04 16.11 15.55 16.68 21.99 17.70 (51.26) 15.18 18.26 18.22
Net income 6 6 7 9 11 10 (32) 11 12 13
Depreciation 6 6 7 8 8 9 9 10 11 11
Per share, $
Per share, $ Revenue 8.26 8.63 8.57 8.46 7.76 9.11 9.23 9.82 8.34 9.25
Earnings 0.81 0.86 0.95 1.08 1.30 1.22 (3.48) 1.14 1.16 1.29
Cash flow 2.09 1.80 1.77 1.83 1.58 1.40 1.70 2.40 1.72 2.81
Capex (2.51) (2.87) (3.02) (2.72) (2.81) (2.40) (2.78) (2.55) (2.17) (2.00)
Free cash flow (0.42) (1.07) (1.26) (0.89) (1.23) (1.00) (1.07) (0.15) (0.45) 0.80
Book value 7.79 8.32 10.40 10.34 10.94 12.08 10.20 10.15 10.65 11.02
Shares, m 7 7 8 8 8 8 9 10 10 10
Valuation, ×
Valuation, × P/E 19.57 32.36 26.84 27.07 17.90 18.29 0.00 14.68 19.53 17.53
P/S 1.91 3.27 3.07 3.46 3.02 2.47 2.28 1.70 2.71 2.43
P/B 2.03 3.40 2.53 2.83 2.14 1.86 2.06 1.65 2.12 2.04
EV/Sales 2.74 4.28 4.15 4.96 5.00 4.34 3.87 3.16 4.48 3.98
EV/FCF (53.67) (387.99) (28.28) (47.12) (31.47) (39.52) (33.22) (209.08) (82.68) 45.76
Cash, $m
Cash, $m Operating cash flow 15 13 14 15 13 12 16 24 17 29
Capex (18) (21) (23) (22) (23) (20) (25) (25) (22) (21)
Free cash flow (3) (8) (10) (7) (10) (8) (10) (1) (5) 8
Balance, $m
Balance, $m Working capital (13) 1 (9) (5) (2) (1) 13 (6) (4) 1
Total debt 50 63 71 104 125 142 138 143 151 151
Net debt 49 62 71 103 125 140 133 142 150 148
Shareholders’ equity 56 60 80 83 89 100 93 101 108 114
Returns, %
Returns, % ROA 3.73 3.58 3.62 3.64 3.91 3.41 (10.57) 3.80 3.77 4.08
ROIC 6.69 6.22 4.76 3.90 3.66 3.85 4.11 4.56 4.14 4.41
ROE 10.70 10.77 10.45 10.69 12.29 10.71 (32.92) 11.66 11.26 11.98
Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

RGC Resources Inc. vs peers in Utilities Regulated Gas (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SR Spire Inc. $4.8B 9.1× 20.4× +19.21% (above 0%: growing) +1,131.03% (above 0%: growing) +0.22% (above 0%: growing) 75.92% 5.57% Compare
OGS ONE Gas, Inc. $4.7B 16.2× 16.5× −2.86% (below 0%: shrinking) +39.62% (above 0%: growing) +511.45% (above 0%: growing) 78.07% 20.08% Compare
MDU MDU Resources Group, Inc. $3.9B 20.0× 21.8× +6.87% (above 0%: growing) +42.86% (above 0%: growing) −58.85% (below 0%: shrinking) 64.77% 12.78% Compare
CPK Chesapeake Utilities Corporation $3.2B 21.0× 19.2× +4.72% (above 0%: growing) +2.91% (above 0%: growing) +38.63% (above 0%: growing) 74.39% 26.20% Compare
NWN Northwest Natural Gas Company $2.0B 16.3× 16.5× +3.12% (above 0%: growing) n/m +36.83% (above 0%: growing) 74.64% 13.61% Compare
CTRI Centuri Holdings, Inc. $2.0B 63.6× 67.3× +32.86% (above 0%: growing) −33.33% (below 0%: shrinking) +85.38% (above 0%: growing) 7.19% 2.51% Compare
SPH Suburban Propane Partners, L.P. $1.2B 8.9× 9.8× +0.47% (above 0%: growing) n/m −38.67% (below 0%: shrinking) 61.34% 0.85% Compare
OPAL OPAL Fuels Inc. $274.3M — (loss-making) 5.8× +3.66% (above 0%: growing) n/m +43.29% (above 0%: growing) 29.34% (3.61%) Compare
RGCO RGC Resources Inc. $238.4M 16.6× 16.6× −0.92% (below 0%: shrinking) 0.00% −122.88% (below 0%: shrinking) 59.62% 6.85%
Median of peers $2.6B 16.3× 17.9× +4.19% +39.62% +37.73% 69.58% 9.18%

All 15 Utilities Regulated Gas stocks →

RGC Resources Inc. (RGCO) key facts

  • Strength: RGC Resources Inc.’s revenue for fiscal 2025 (year ended September 2025) was $95.3 million, up 12.6% from fiscal 2024.
  • RGC Resources Inc. (RGCO) is an Utilities Regulated Gas company in the Utilities sector, listed on Nasdaq.
  • As of October 16, 2026, RGCO traded at $22.63, a market capitalization of $238.4 million.
  • RGC Resources Inc. pays an annual dividend of $1.08 per share, a yield of 4.76%, with a payout ratio of 80.4%.
  • Return on equity was 12.0% and debt-to-equity 1.22.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.17 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

RGC Resources Inc. (RGCO) Latest News

12 Aug

7 Aug

5 Feb

stockrow.com/RGCO · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com