State Ledger
Company profile

NATIONAL FUEL GAS CO CIK 70145

Ticker
NFG (NYSE)
Industry
Natural Gas Distribution
Headquarters
Williamsville, NY 14221-5887
Fiscal year end
2025 (FY)
Market Data
Close
$79.74
Change
+$1.01
Change %
1.28%
Volume
34,960

NFG · trading date Oct 12, 2026 · previous close $78.73 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$2.28B
Net income
$518.50M
Total assets
$8.72B
Total liabilities
—
Stockholders' equity
$3.09B
Cash & equivalents
$43.17M
Operating income
$813.46M
Operating cash flow
$1.10B
Capital expenditures
$912.82M

Fiscal year 2025, via 10-K filed 2025-11-21. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
35.7%
Net margin
22.8%
Free cash flow
$187.21M
Free cash flow margin
8.2%
Liabilities / assets
—
Equity / assets
35.5%
CapEx / revenue
40.1%
Operating cash flow / net income
2.12×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $2.28B $518.50M $8.72B — $3.09B
2024 $1.94B $77.51M $8.32B — -$15.48M
2023 $2.17B $476.87M $8.28B — -$55.06M
2022 $2.19B $566.02M $7.90B — -$625.73M
2021 $1.74B $363.65M $7.46B — $1.79B
Company Details
SIC code
4924
State of incorporation
NJ
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-17
Financials filed via
Form 10-K
filed 2025-11-21

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Williamsville, NY 14221-5887
6363 MAIN STREET
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:41 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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