FY2025 · ended Sep 30, 2025 · Revenue $2.22B, +30.0% YoY · Filed Nov 21, 2025
National Fuel Gas Company (NFG) files with the SEC under industry code 4924, Natural Gas Distribution. In fiscal 2025, which ended Sep 30, 2025, it reported revenue of $2.2 billion and net income of $518.5 million. Free cash flow was $187.2 million. As of Jun 30, 2026 it held $1.2 billion in cash and investments and $3.6 billion in total debt.
Revenue (TTM)
$2.46B
+18.1% vs year-ago TTM
Net income (TTM)
$675.28M
+177.3% vs year-ago TTM
Operating cash flow (TTM)
$1.27B
+20.0% vs year-ago TTM
Free cash flow (TTM)
$222.27M
+19.6% vs year-ago TTM
EPS (TTM)
$7.21
+170.8% vs year-ago TTM
Dividend per share (TTM)
$2.16
+3.8% vs year-ago TTM
Shares outstanding
90.39M
-0.5% vs prior year
Net cash
$-2.33B
as of Jun 30, 2026
Operating margin
41.1%
FY 2026
Company profile
- Industry
- Natural Gas Distribution (SIC 4924)
- Listed as
- NFG (NYSE)
- Fiscal year ends
- September 30
- Incorporated in
- NJ
- Headquarters
- Williamsville, NY
- SEC filer status
- Large accelerated filer
- SEC CIK
- 70145
Other Natural Gas Distribution companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Sep 30, 2025 |
FY 2024 Sep 30, 2024 |
FY 2023 Sep 30, 2023 |
FY 2022 Sep 30, 2022 |
FY 2021 Sep 30, 2021 |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.7B | $2.3B | $2.2B | $1.7B |
| Operating income | $813.5M | $209.7M | $755.1M | $814.5M | $639.9M |
| Net income | $518.5M | $77.5M | $476.9M | $566.0M | $363.6M |
| Diluted EPS | $5.68 | $0.84 | $5.17 | $6.15 | $3.97 |
| Operating cash flow | $1.1B | $1.1B | $1.2B | $812.5M | $791.6M |
| Free cash flow | $187.2M | $134.7M | $227.2M | $695,000 | $39.8M |
| Total assets | $8.7B | $8.3B | $8.3B | $7.9B | $7.5B |
| Stockholders' equity | $3.1B | $2.8B | $3.0B | $2.1B | $1.8B |
| Cash and investments | $43.2M | $38.2M | $55.4M | $46.0M | $31.5M |
| Total debt | $2.9B | $2.8B | $2.7B | $2.7B | $2.8B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Nov 5, 2026 | Nov 4, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Nov 4, 2026 | Nov 4, 2026 |
| 8-K |
Current report
Regulation FD disclosure, Other events
|
Oct 14, 2026 | Oct 14, 2026 |
| 8-K |
Current report
Material agreement, Acquisition or sale of assets, New debt, Regulation FD disclosure
|
Oct 1, 2026 | Oct 1, 2026 |
| 8-K |
Current report
Other events
|
Aug 11, 2026 | Aug 11, 2026 |
| 10-Q | Quarterly report | Jul 30, 2026 | Jun 30, 2026 |
All 1001 National Fuel Gas Company SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.