National Fuel Gas (NFG) Debt Ratio (2010 - 2026)
National Fuel Gas' (NFG) quarterly Debt Ratio came in at 0.34 in Q2 2026, down 5.27% year-over-year from 0.36 in Q2 2025, and up 14.28% quarter-over-quarter from 0.3 in Q1 2026.
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Analysis
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 0.34 for Q2 2026.
- In Q2 2026, Debt Ratio fell 5.27% year-over-year to 0.34; the TTM figure through Jun 2026 stood at 0.34 (down 5.27% YoY), while the FY2025 annual figure was 0.36, down 8.83% from the prior year.
- Debt Ratio came in at 0.34 for Q2 2026 at National Fuel Gas, up from 0.3 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.44 in Q2 2022 to a low of 0.3 in Q1 2026.
- Average Debt Ratio over 5 years is 0.37, with a median of 0.36 recorded in 2023.
- Year-over-year, Debt Ratio rose 21.08% in 2022 and dropped 25.64% in 2023.
- Over 5 years, Debt Ratio stood at 0.39 in 2022, then dropped by 9.71% to 0.35 in 2023, then rose by 17.44% to 0.41 in 2024, then retreated by 10.24% to 0.37 in 2025, then retreated by 6.87% to 0.34 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.34 in Q2 2026, 0.3 in Q1 2026, and 0.37 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 0.19 |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | 0.14 |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | 0.18 |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 0.20 |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 0.13 |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | 0.16 |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 0.19 |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | 0.21 |
| 10 | National Fuel Gas | 7.60 Bn | 6.37 Bn | 507.62 Mn | 0.34 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.30 |
| Dec 31, 2025 | 0.37 |
| Sep 30, 2025 | 0.36 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.36 |
| Jun 30, 2023 | 0.33 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.39 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.39 |
| Sep 30, 2021 | 0.39 |
API Access
National Fuel Gas Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();