National Fuel Gas (NFG) Dividend Coverage Ratio (2009 - 2026)
National Fuel Gas' (NFG) Dividend Coverage Ratio stood at 2.73 in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 15.3% from 3.22 a year earlier and down 44.0% from the prior quarter.
Powered by 
Analysis
National Fuel Gas (NFG) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, National Fuel Gas' Dividend Coverage Ratio came in at 3.40 as of Jun 30, 2026, up 161.8% year-over-year; for FY2025 (ended Sep 30, 2025), it was 2.75, up 552.5% from FY2024.
- Across earlier fiscal years, Dividend Coverage Ratio came in at 0.42 in FY2024 (-84.4%), 2.71 in FY2023 (-19.6%), 3.37 in FY2022 (+51.0%) and 2.23 in FY2021.
- Quarterly Dividend Coverage Ratio has ranged from -3.55 in fiscal Q4 2024 to 4.87 in fiscal Q2 2026 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio rose in three of the last five quarters, with growth averaging 48.2%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 291.4% in fiscal Q1 2026, against a decline of 67.2% in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 4.87 (Q2 2026), 3.76 (Q1 2026) and 2.22 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.22 Bn | 700.71 Bn | - | 3.38 |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | 3.45 |
| 3 | Shell | 308.83 Bn | 238.57 Bn | 30.13 Bn | 4.53 |
| 4 | TotalEnergies SE | 197.25 Bn | 77.83 Bn | 61.77 Bn | 2.60 |
| 5 | Conocophillips | 176.36 Bn | 149.07 Bn | 12.81 Bn | 3.84 |
| 6 | Equinor Asa | 119.62 Bn | 34.07 Bn | - | - |
| 7 | Phillips 66 | 116.49 Bn | 104.28 Bn | 8.38 Bn | 7.57 |
| 8 | Canadian Natural Resources | 113.27 Bn | 110.27 Bn | 8.84 Bn | 3.45 |
| 9 | Suncor Energy | 95.51 Bn | 81.26 Bn | - | 7.05 |
| 10 | National Fuel Gas | 7.43 Bn | 5.85 Bn | 507.62 Mn | 2.73 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.73 |
| Mar 31, 2026 | 4.87 |
| Dec 31, 2025 | 3.76 |
| Sep 30, 2025 | 2.22 |
| Jun 30, 2025 | 3.22 |
| Mar 31, 2025 | 4.64 |
| Dec 31, 2024 | 0.96 |
| Sep 30, 2024 | -3.55 |
| Jun 30, 2024 | -1.19 |
| Mar 31, 2024 | 3.65 |
| Dec 31, 2023 | 2.93 |
| Sep 30, 2023 | 1.62 |
| Jun 30, 2023 | 2.12 |
| Mar 31, 2023 | 3.23 |
| Dec 31, 2022 | 3.91 |
| Sep 30, 2022 | 3.64 |
| Jun 30, 2022 | 2.60 |
| Mar 31, 2022 | 4.02 |
| Dec 31, 2021 | 3.19 |
| Sep 30, 2021 | 2.10 |
API Access
National Fuel Gas Dividend Coverage 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=dividend-coverage-ratio&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();