NFG
$79.92+1.96%
NFG financial statements
The full income statement, balance sheet, and cash-flow statement for National Fuel Gas Company (NFG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 91.4M2024-09 90.8M2024-12 90.6M2025-03 90.4M2025-06 90.4M2025-09 90.4M2025-12 95.0M2026-03 95.0M2026-06 95.0M+4.0% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| Revenue | 2.22B+14.1% | 1.94B-13.8% | 2.25B-26.3% | 3.06B+75.7% | 1.74B+12.7% | |
| Cost of revenue | 213M+42.2% | 150M-65.7% | 438M+11.6% | 392M+128.2% | 172M-26.5% | |
| Selling, general & administrative | 75.1M+5.8% | 70.9M+7.7% | 65.8M | — | — | |
| General & administrative | 75.1M+5.8% | 70.9M+7.7% | 65.8M | — | — | |
| Provision for credit losses | 19.2M+45.6% | 13.2M-9.0% | 14.5M+9.6% | 13.2M-11.6% | 14.9M+21.1% | |
| Operating income | 813M+287.9% | 210M-72.2% | 755M-7.3% | 815M+27.3% | 640M+2043.2% | |
| Interest expense | 156M+12.4% | 139M+5.2% | 132M+1.2% | 130M-10.9% | 146M+25.0% | |
| Other non-operating income | 36.4M+124.5% | 16.2M-10.5% | 18.1M+1302.0% | -1.51M+90.1% | -15.2M+14.5% | |
| Pre-tax income | 694M+695.4% | 87.3M-86.4% | 641M-6.0% | 683M+42.7% | 478M+555.4% | |
| Income tax | 176M+1702.0% | 9.74M-94.1% | 165M+41.1% | 117M+1.7% | 115M+512.0% | |
| Net income | 519M+568.9% | 77.5M-83.7% | 477M-15.8% | 566M+55.7% | 364M+393.8% | |
| $5.68+576.2% | $0.84-83.8% | $5.17-15.9% | $6.15+54.9% | $3.97+381.6% | ||
| EPS (basic) | $5.73+582.1% | $0.84-83.8% | $5.20-16.0% | $6.19+55.1% | $3.99+383.0% | |
| Weighted-avg shares (basic) | 90.5M-1.4% | 91.8M+0.0% | 91.7M+0.4% | 91.4M+0.3% | 91.1M+3.6% | |
| Weighted-avg shares (diluted) | 91.2M-1.2% | 92.3M+0.1% | 92.3M+0.2% | 92.1M+0.5% | 91.7M+4.2% | |
| Dividends per share | $2.10+4.0% | $2.02+4.1% | $1.94+4.3% | $1.86+3.3% | $1.80+2.3% | |
| Balance Sheet | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| 411M+15.4% | 356M-14.1% | 414M-45.6% | 761M+45.7% | 522M+66.3% | ||
| Cash & equivalents | 43.2M+12.9% | 38.2M-31.1% | 55.4M+20.4% | 46.0M+46.1% | 31.5M+53.5% | |
| Other current assets | 80.8M-12.4% | 92.2M-8.0% | 100M+68.9% | 59.4M-0.5% | 59.7M+25.4% | |
| 8.72B+4.8% | 8.32B+0.5% | 8.28B+4.9% | 7.90B+5.8% | 7.46B+7.2% | ||
| Property, plant & equipment | 7.71B+5.1% | 7.34B+0.5% | 7.30B+11.2% | 6.57B+2.9% | 6.38B+6.4% | |
| Operating lease right-of-use | 41.3M-6.5% | 44.2M+11.5% | 39.7M+6.9% | 37.1M+57.3% | 23.6M+18.9% | |
| Goodwill | 5.48M+0.0% | 5.48M+0.0% | 5.48M+0.0% | 5.48M+0.0% | 5.48M+0.0% | |
| Other non-current assets | 8.39M+40.8% | 5.96M+21.8% | 4.89M+82.7% | 2.68M+129.0% | 1.17M+1343.2% | |
| 926M-15.5% | 1.10B+35.9% | 806M-58.5% | 1.94B+57.1% | 1.24B+169.0% | ||
| Accounts payable | 184M+11.5% | 165M+8.5% | 152M-14.9% | 179M+4.2% | 172M+28.0% | |
| Accrued liabilities | 175M+7.2% | 163M+1.2% | 161M-37.4% | 257M+32.5% | 194M+38.5% | |
| Short-term & current debt | 300M-40.0% | 500M | 0.00-100.0% | 549M | 0.00 | |
| Current lease liability | 11.5M-0.3% | 11.5M+15.5% | 9.97M-30.0% | 14.2M+259.3% | 3.96M-19.8% | |
| Long-term debt | 2.38B+8.9% | 2.19B-8.2% | 2.38B+14.5% | 2.08B-20.7% | 2.63B-0.0% | |
| Non-current lease liability | 29.7M-9.0% | 32.6M+10.5% | 29.5M+29.0% | 22.9M+16.5% | 19.6M+32.9% | |
| Operating lease liability (total) | 41.2M-6.7% | 44.1M+11.8% | 39.5M+6.4% | 37.1M | — | |
| Deferred tax liabilities | 1.23B+10.3% | 1.11B-1.2% | 1.12B+61.0% | 698M+5.7% | 660M-5.1% | |
| Other non-current liabilities | 113M-6.2% | 120M-1.5% | 122M+4.4% | 117M-14.1% | 136M-2.4% | |
| Total non-current liabilities | 2.32B+5.9% | 2.19B+2.9% | 2.13B+18.8% | 1.79B-1.3% | 1.81B-4.7% | |
| 3.09B+20096.1% | -15.5M+71.9% | -55.1M+91.2% | -626M-135.0% | 1.79B-9.4% | ||
| Common stock | 90.4M-0.7% | 91.0M-0.9% | 91.8M+0.4% | 91.5M+0.3% | 91.2M+0.2% | |
| Additional paid-in capital | 1.05B+0.5% | 1.05B+0.5% | 1.04B+1.3% | 1.03B+0.9% | 1.02B+1.3% | |
| Retained earnings | 2.01B+16.5% | 1.73B-8.4% | 1.89B+18.8% | 1.59B+33.2% | 1.19B+20.1% | |
| Accumulated other comprehensive income | -59.2M-282.7% | -15.5M+71.9% | -55.1M+91.2% | -626M-21.8% | -514M-347.6% | |
| Total equity incl. non-controlling | 3.09B+8.6% | 2.85B-3.9% | 2.96B+42.5% | 2.08B+16.4% | 1.79B-9.4% | |
| Total liabilities & equity | 8.72B+4.8% | 8.32B+0.5% | 8.28B+4.9% | 7.90B+5.8% | 7.46B+7.2% | |
| Common shares issued | 90.4M-0.7% | 91.0M-0.9% | 91.8M+0.4% | 91.5M+0.3% | 91.2M+0.2% | |
| Common shares outstanding | 90.4M-0.7% | 91.0M-0.9% | 91.8M+0.4% | 91.5M+0.3% | 91.2M+0.2% | |
| Shares outstanding (cover) | 90.4M-0.5% | 90.8M-1.1% | 91.8M+0.4% | 91.5M+0.3% | 91.2M+0.2% | |
| Cash Flow | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| 1.10B+3.2% | 1.07B-13.8% | 1.24B+52.3% | 813M+2.6% | 792M+6.8% | ||
| Depreciation & amortization | 457M-0.1% | 457M+11.6% | 410M+10.8% | 370M+10.3% | 335M+9.5% | |
| Share-based compensation | 19.8M-10.5% | 22.1M+7.0% | 20.6M+5.8% | 19.5M+14.3% | 17.1M+14.3% | |
| Change in inventory | 1.38M+179.3% | -1.74M-120.7% | 8.41M+370.4% | -3.11M-254.4% | 2.01M-69.6% | |
| -892M+4.5% | -934M+16.0% | -1.11B-114.4% | -519M+18.1% | -633M+48.3% | ||
| Capital expenditure | 913M-2.0% | 931M-7.8% | 1.01B+24.4% | 812M+8.0% | 752M+5.0% | |
| Free cash flow | 187M+39.0% | 135M-40.7% | 227M+32591.7% | 695K-98.3% | 39.8M+61.5% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | -14.1M-629.1% | 2.67M+121.7% | -12.3M-41.4% | -8.68M+37.7% | -13.9M-1256.4% | |
| -203M-36.2% | -149M+27.9% | -207M+25.1% | -276M-370.3% | -58.7M-112.3% | ||
| Long-term debt issued | 989M+230.3% | 299M+0.7% | 297M | 0.00-100.0% | 495M+0.5% | |
| Long-term debt repaid | 1.00B | 0.00-100.0% | 549M | 0.00-100.0% | 516M | |
| Net short-term debt | — | — | — | -98.5M-176.7% | 129M+609.9% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 54.4M-15.1% | 64.1M | 0.00 | 0.00-100.0% | 3.70M | |
| Dividends paid | 188M+2.5% | 184M+4.4% | 176M+4.7% | 168M+3.1% | 163M+6.4% | |
| Interest paid | 159M+27.4% | 125M+0.6% | 124M+0.1% | 124M-8.0% | 135M+30.6% | |
| Income taxes paid | 48.9M+1082.9% | 4.13M-89.2% | 38.1M+128.4% | 16.7M+161.7% | 6.37M | |
| Valuation Ratios | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| Market cap | 8.35B+51.7% | 5.50B+15.5% | 4.77B-15.4% | 5.63B+17.6% | 4.79B+29.7% | |
| P/E | 16.1×-77.3% | 71.0×+736.4% | 8.5×-14.6% | 9.9×-24.5% | 13.2× | |
| P/S | 3.8×+32.9% | 2.8×+81.8% | 1.6×-15.4% | 1.8×-33.1% | 2.7×+15.1% | |
| P/B | 2.7× | — | — | — | 2.7×+43.2% | |
| P/FCF | 44.6×+9.1% | 40.9×+128.5% | 17.9×-99.8% | 8102.0×+6636.2% | 120.3×-19.7% | |
| Earnings yield | 6.2%+341.0% | 1.4%-88.0% | 11.8%+17.2% | 10.1%+32.4% | 7.6% | |
| FCF yield | 2.2%-8.4% | 2.4%-56.2% | 5.6%+45207.7% | 0.01%-98.5% | 0.83%+24.5% | |
| Dividend yield | 2.3%-31.8% | 3.3%-10.8% | 3.7%+23.7% | 3.0%-11.8% | 3.4%-21.0% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: NFG’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NFG filings on SEC EDGAR → Not investment advice.