National Fuel Gas (NFG) Debt Ratio (2010 - 2026)

National Fuel Gas' (NFG) quarterly Debt Ratio came in at 0.26 in Q1 2026, down 18.87% year-on-year from 0.32 in Q1 2025, and up 10.65% quarter-over-quarter from 0.24 in Q4 2025.

National Fuel Gas (NFG) Debt Ratio (2010 - 2026) Analysis & Trends

National Fuel Gas has disclosed Debt Ratio across 17 years of filings, most recently posting 0.26 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.26, down 18.87% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.26 (down 18.87% YoY), and the FY2025 annual result was 0.29, down 10.09% from the prior year.
  • Debt Ratio came in at 0.26 for Q1 2026 at National Fuel Gas, up from 0.24 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.34 in Q1 2022 to a low of 0.24 in Q4 2025.
  • The 5-year median for Debt Ratio is 0.31 (2024), against an average of 0.3.
  • Across the five-year window, Debt Ratio gained 12.2% in 2024 and dropped 27.11% in 2025, its largest moves.
  • National Fuel Gas' Debt Ratio stood at 0.31 in 2022, then advanced by 2.44% to 0.31 in 2023, then climbed by 3.6% to 0.32 in 2024, then dropped by 27.11% to 0.24 in 2025, then advanced by 10.65% to 0.26 in 2026.
  • The last three Debt Ratio figures came in at 0.26 (Q1 2026), 0.24 (Q4 2025), and 0.29 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -
2 Exxon Mobil 629.96 Bn 628.14 Bn - 0.10
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 0.20
4 Shell 546.31 Bn 505.07 Bn - 0.20
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 0.02
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 0.16
7 Eni Spa 252.26 Bn 242.70 Bn - 0.17
8 Bp 196.12 Bn 159.56 Bn - 0.17
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 0.11
10 National Fuel Gas 7.36 Bn 7.33 Bn 650.52 Mn 0.26

Historic Data

Download Data
DateValue
Mar 31, 2026 0.26
Dec 31, 2025 0.24
Sep 30, 2025 0.29
Jun 30, 2025 0.29
Mar 31, 2025 0.32
Dec 31, 2024 0.32
Sep 30, 2024 0.32
Jun 30, 2024 0.31
Mar 31, 2024 0.31
Dec 31, 2023 0.31
Sep 30, 2023 0.29
Jun 30, 2023 0.29
Mar 31, 2023 0.31
Dec 31, 2022 0.31
Sep 30, 2022 0.33
Jun 30, 2022 0.32
Mar 31, 2022 0.34
Dec 31, 2021 0.37
Sep 30, 2021 0.35
Jun 30, 2021 0.36