National Fuel Gas Company (NFG)

Name: National Fuel Gas Company Financial Statements
Creator: Quarter Results

Energy | Oil Gas Integrated

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$652M

Net Income

$182M

Operating Margin

42.4%

Free Cash Flow

$187M

Debt / Assets

64.5%

Values are in USD and rounded to the nearest whole number unless noted.

Swipe horizontally to view all columns.

Income statement quarterly history for National Fuel Gas Company (NFG).
Income Statement (Quarterly)	2025-12-31	2025-03-31	2024-12-31	2024-09-30
Revenue	651,507,000	729,950,000	549,482,000	372,068,000
Cost of Revenue	350,620,000	276,207,000	299,433,000	227,989,000
Gross Profit	300,887,000	453,743,000	250,049,000	144,079,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	0	0	0	0
Operating Expenses	24,764,000	136,491,000	163,858,000	340,649,000
Operating Income	276,123,000	317,252,000	86,191,000	-196,570,000
Interest Expense	43,374,000	44,757,000	37,743,000	34,654,000
Income Before Tax	240,982,000	287,727,000	56,168,000	-227,987,000
Income Tax Expense	59,337,000	71,369,000	11,182,000	-60,366,000
Net Income	181,645,000	216,358,000	44,986,000	-167,621,000
Per Share
EPS	1.99	2.39	0.50	-1.83
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for National Fuel Gas Company (NFG).
Income Statement (Annual)	2025-09-30	2024-09-30	2023-09-30	2022-09-30	2021-09-30
Revenue	2,277,541,000	1,944,810,000	2,173,771,000	2,186,046,000	1,742,659,000
Cost of Revenue	771,306,000	1,127,106,000	1,325,924,000	1,283,084,000	982,936,000
Gross Profit	1,506,235,000	817,704,000	847,847,000	902,962,000	759,723,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	0	0	941,779,000	897,916,000	0
Operating Expenses	692,776,000	607,980,000	92,700,000	101,182,000	94,713,000
Operating Income	813,459,000	209,724,000	755,147,000	814,516,000	639,924,000
Interest Expense	155,834,000	138,695,000	131,886,000	130,357,000	146,357,000
Income Before Tax	694,053,000	87,255,000	641,399,000	682,650,000	478,329,000
Income Tax Expense	175,549,000	9,742,000	164,533,000	116,629,000	114,682,000
Net Income	518,504,000	77,513,000	476,866,000	566,021,000	363,647,000
Per Share
EPS	5.73	0.84	5.20	6.19	3.99
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for National Fuel Gas Company (NFG).
Balance Sheet (Quarterly)	2025-09-30	2024-09-30	2023-09-30	2022-09-30
Assets
Cash and Cash Equivalents	43,166,000	38,222,000	55,447,000	46,048,000
Short Term Investments	0	0	42,242,000	46,048,000
Net Receivables	225,940,000	178,245,000	177,223,000	391,701,000
Inventory	89,782,000	82,725,000	81,498,000	172,343,000
Total Current Assets	410,727,000	355,919,000	414,428,000	761,131,000
Property Plant Equipment	7,712,642,000	7,339,205,000	7,339,526,000	6,566,477,000
Goodwill and Intangibles	5,476,000	5,476,000	5,476,000	5,476,000
Total Assets	8,719,104,000	8,319,770,000	8,280,260,000	7,896,262,000
Liabilities
Account Payables	184,046,000	165,068,000	152,193,000	178,945,000
Short Term Debt	450,200,000	590,700,000	297,469,000	609,000,000
Total Current Liabilities	925,764,000	1,095,892,000	806,312,000	1,942,569,000
Long Term Debt	2,382,861,000	2,220,859,000	2,413,995,000	2,083,409,000
Total Liabilities	5,624,500,000	5,471,427,000	5,316,884,000	5,816,366,000
Shareholders Equity
Retained Earnings	2,012,529,000	1,727,326,000	1,885,856,000	1,587,085,000
Total Shareholders Equity	3,094,604,000	2,848,343,000	2,963,376,000	2,079,896,000

Balance sheet annual history for National Fuel Gas Company (NFG).
Balance Sheet (Annual)	2025-09-30	2024-09-30	2023-09-30	2022-09-30	2021-09-30
Assets
Cash and Cash Equivalents	43,166,000	38,222,000	55,447,000	46,048,000	31,528,000
Short Term Investments	0	0	42,242,000	46,048,000	0
Net Receivables	225,940,000	178,245,000	177,223,000	391,701,000	223,796,000
Inventory	89,782,000	82,725,000	81,498,000	172,343,000	120,357,000
Total Current Assets	410,727,000	355,919,000	414,428,000	761,131,000	522,449,000
Property Plant Equipment	7,712,642,000	7,339,205,000	7,339,526,000	6,566,477,000	6,384,283,000
Goodwill and Intangibles	5,476,000	5,476,000	5,476,000	5,476,000	5,476,000
Total Assets	8,719,104,000	8,319,770,000	8,280,260,000	7,896,262,000	7,464,825,000
Liabilities
Account Payables	184,046,000	165,068,000	152,193,000	178,945,000	171,655,000
Short Term Debt	450,200,000	590,700,000	297,469,000	609,000,000	158,500,000
Total Current Liabilities	925,764,000	1,095,892,000	806,312,000	1,942,569,000	1,236,133,000
Long Term Debt	2,382,861,000	2,220,859,000	2,413,995,000	2,083,409,000	2,628,687,000
Total Liabilities	5,624,500,000	5,471,427,000	5,316,884,000	5,816,366,000	5,678,619,000
Shareholders Equity
Retained Earnings	2,012,529,000	1,727,326,000	1,885,856,000	1,587,085,000	1,191,175,000
Total Shareholders Equity	3,094,604,000	2,848,343,000	2,963,376,000	2,079,896,000	1,786,206,000

Cash flow quarterly history for National Fuel Gas Company (NFG).
Cash Flow Statement (Quarterly)	2025-09-30	2024-09-30	2023-09-30	2022-12-31
Operating Activities
Net Income	518,504,000	77,513,000	476,866,000	0
Depreciation & Amortization	456,594,000	457,026,000	409,573,000	0
Stock Based Compensation	19,754,000	22,080,000	20,630,000	0
Change in Working Capital	-185,222,000	-31,588,000	158,956,000	0
Operating Cash Flow	1,100,027,000	1,065,961,000	1,237,075,000	1,237,075,000
Investing Activities
Capital Expenditure	-912,821,000	-931,236,000	-1,009,868,000	0
Investments	-912,821,000	-931,236,000	-1,009,868,000	0
Investing Cash Flow	-891,700,000	-933,905,000	-1,112,347,000	1,112,347,000
Financing Activities
Debt Repayment	44,143,000	102,559,000	-799,000,000	0
Common Stock Issued/Repurchased	-59,088,000	-68,042,000	-6,709,000	0
Dividends Paid	-188,438,000	-183,798,000	-176,096,000	0
Financing Cash Flow	-203,383,000	-149,281,000	-206,999,000	0
Summary
Free Cash Flow	187,206,000	134,725,000	227,207,000	1,237,075,000
Net Change in Cash	4,944,000	-17,225,000	-82,271,000	2,349,422,000

Cash flow annual history for National Fuel Gas Company (NFG).
Cash Flow Statement (Annual)	2025-09-30	2024-09-30	2023-09-30	2022-12-31	2022-09-30
Operating Activities
Net Income	518,504,000	77,513,000	476,866,000	0	566,021,000
Depreciation & Amortization	456,594,000	457,026,000	409,573,000	0	369,790,000
Stock Based Compensation	19,754,000	22,080,000	20,630,000	0	19,506,000
Change in Working Capital	-185,222,000	-31,588,000	158,956,000	0	-247,925,000
Operating Cash Flow	1,100,027,000	1,065,961,000	1,237,075,000	1,237,075,000	812,521,000
Investing Activities
Capital Expenditure	-912,821,000	-931,236,000	-1,009,868,000	0	-811,826,000
Investments	-912,821,000	-931,236,000	-1,009,868,000	0	-811,826,000
Investing Cash Flow	-891,700,000	-933,905,000	-1,112,347,000	1,112,347,000	-518,704,000
Financing Activities
Debt Repayment	44,143,000	102,559,000	-799,000,000	0	-98,500,000
Common Stock Issued/Repurchased	-59,088,000	-68,042,000	-6,709,000	0	88,910,000
Dividends Paid	-188,438,000	-183,798,000	-176,096,000	0	-168,147,000
Financing Cash Flow	-203,383,000	-149,281,000	-206,999,000	0	-276,237,000
Summary
Free Cash Flow	187,206,000	134,725,000	227,207,000	1,237,075,000	695,000
Net Change in Cash	4,944,000	-17,225,000	-82,271,000	2,349,422,000	17,580,000