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
DateValue
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