National Fuel Gas financials
$75.86−1.66%
Close Sep 30, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Sep 30 | FY24 Sep 30 | FY23 Sep 30 | FY22 Sep 30 | FY21 Sep 30 | FY20 Sep 30 | FY19 Sep 30 | FY18 Sep 30 | FY17 Sep 30 | FY16 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.28B | $1.94B | $2.17B | $2.19B | $1.74B | $1.55B | $1.69B | $1.59B | $1.58B | $1.45B |
| Gross profit | $1.51B | $1.27B | $1.26B | $1.46B | $1.57B | $1.31B | $1.31B | $1.25B | $1.58B | $1.30B |
| Gross margin | 66.1% | 65.5% | 57.8% | 67.0% | 90.1% | 84.9% | 77.2% | 78.8% | 100.0% | 89.8% |
| Operating income | $813.5M | $209.7M | $755.1M | $801.8M | $588.9M | $29.9M | $511.8M | $519.7M | $593.8M | -$416.5M |
| Net income | $518.5M | $77.5M | $476.9M | $566.0M | $363.6M | -$123.8M | $304.3M | $391.5M | $283.5M | -$291.0M |
| Net margin | 22.8% | 4.0% | 21.9% | 25.9% | 20.9% | −8.0% | 18.0% | 24.6% | 17.9% | −20.0% |
| Diluted EPS | $5.68 | $0.84 | $5.17 | $6.15 | $3.97 | $-1.41 | $3.51 | $4.53 | $3.30 | $-3.43 |
| EBITDA | $1.41B | $1.19B | $1.16B | $1.17B | $1.00B | $785.5M | $787.5M | $760.7M | $818.0M | $781.2M |
| Operating cash flow | $1.11B | $1.06B | $1.23B | $807.5M | $791.6M | $739.8M | $704.0M | $610.0M | $680.2M | $589.0M |
| Free cash flow | $193.6M | $127.2M | $222.7M | -$4.3M | $39.8M | $23.7M | -$85.0M | $26.0M | $229.8M | $7.4M |
| Diluted shares | 91.2M | 92.3M | 92.3M | 92.1M | 91.7M | 88.0M | 86.8M | 86.4M | 86.0M | 84.8M |
Balance sheet
| Period end | Sep 30 | Sep 30 | Sep 30 | Sep 30 | Sep 30 | Sep 30 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $43.2M | $38.2M | $55.4M | $46.0M | $31.5M | $20.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.85B | $2.81B | $2.69B | $2.71B | $2.80B | $2.69B |
| Total assets | $8.72B | $8.32B | $8.28B | $7.90B | $7.46B | $6.96B |
| Total liabilities | $5.62B | $5.47B | $5.32B | $5.82B | $5.68B | $4.99B |
| Shareholders' equity | $3.09B | $2.85B | $2.96B | $2.08B | $1.79B | $1.97B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology