National Fuel Gas (NFG) Debt Ratio (2010 - 2026)
National Fuel Gas (NFG) posted Debt Ratio of 0.34 for Q2 2026, up 16.04% sequentially from 0.29 in Q1 2026, and down 3.32% YoY from 0.35 in Q2 2025.
National Fuel Gas (NFG) Debt Ratio (2010 - 2026) Analysis & Trends
National Fuel Gas has reported Debt Ratio for 17 years, with the latest figure at 0.34 in Q2 2026.
- Quarterly Debt Ratio fell 3.32% year-over-year to 0.34 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.34 (down 3.32% YoY) and the FY2025 annual result came in at 0.34, down 10.73% from the prior year.
- Debt Ratio advanced to 0.34 in Q2 2026 per NFG's latest filing, from 0.29 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.41 in Q1 2022 and troughed at 0.29 in Q1 2026.
- A 5-year average of 0.35 and a median of 0.35 in 2025 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio decreased 23.12% in 2023, then rose 22.86% in 2024.
- Over 5 years, Debt Ratio stood at 0.35 in 2022, then retreated by 11.74% to 0.31 in 2023, then increased by 22.86% to 0.38 in 2024, then slipped by 7.15% to 0.36 in 2025, then fell by 4.32% to 0.34 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.34, 0.29, and 0.36 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | 115.40 |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 0.10 |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 0.10 |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | 0.17 |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | - |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | 0.15 |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | 0.11 |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 0.09 |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 0.20 |
| 10 | National Fuel Gas | 7.86 Bn | 6.63 Bn | 507.62 Mn | 0.34 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.36 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.33 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.29 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.40 |
| Jun 30, 2022 | 0.37 |
| Mar 31, 2022 | 0.41 |
| Dec 31, 2021 | 0.37 |
| Sep 30, 2021 | 0.37 |