National Fuel Gas (NFG) EBIT Margin (2009 - 2026)
National Fuel Gas' (NFG) quarterly EBIT Margin came in at 38.87% in Q2 2026, down 442.0% year-over-year from 11.37% in Q2 2025, and down 3.88% quarter-over-quarter from 40.44% in Q1 2026.
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Analysis
National Fuel Gas (NFG) EBIT Margin (2009 - 2026) Analysis & Trends
National Fuel Gas has disclosed EBIT Margin across 18 years of filings, most recently posting 38.87% for Q2 2026.
- In Q2 2026, EBIT Margin fell 442.0% year-over-year to 38.87%; the TTM figure through Jun 2026 stood at 40.26% (up 2024.0% YoY), while the FY2025 annual figure was 35.72%, up 2493.0% from the prior year.
- EBIT Margin came in at 38.87% for Q2 2026 at National Fuel Gas, down from 40.44% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 43.46% in Q1 2025 to a low of 52.83% in Q3 2024.
- Average EBIT Margin over 5 years is 29.34%, with a median of 38.58% recorded in 2022.
- Year-over-year, EBIT Margin sank 8679 bps in 2024 and jumped 9138 bps in 2025.
- Over 5 years, EBIT Margin stood at 38.61% in 2022, then gained by 2 bps to 39.42% in 2023, then tumbled by 60 bps to 15.69% in 2024, then surged by 170 bps to 42.38% in 2025, then slipped by 8 bps to 38.87% in 2026.
- Per Business Quant data, the three most recent EBIT Margin figures were 38.87% in Q2 2026, 40.44% in Q1 2026, and 42.38% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 53.17% |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | 81.91% |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | 40.93% |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | 45.16% |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 32.14% |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 22.33% |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | 49.95% |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 32.99% |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | 48.15% |
| 10 | National Fuel Gas | 7.60 Bn | 6.37 Bn | 507.62 Mn | 38.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.87% |
| Mar 31, 2026 | 40.44% |
| Dec 31, 2025 | 42.38% |
| Sep 30, 2025 | 38.55% |
| Jun 30, 2025 | 43.29% |
| Mar 31, 2025 | 43.46% |
| Dec 31, 2024 | 15.69% |
| Sep 30, 2024 | -52.83% |
| Jun 30, 2024 | -12.32% |
| Mar 31, 2024 | 39.79% |
| Dec 31, 2023 | 39.42% |
| Sep 30, 2023 | 33.96% |
| Jun 30, 2023 | 35.94% |
| Mar 31, 2023 | 30.86% |
| Dec 31, 2022 | 38.61% |
| Sep 30, 2022 | 40.86% |
| Jun 30, 2022 | 35.95% |
| Mar 31, 2022 | 35.11% |
| Dec 31, 2021 | 38.36% |
| Sep 30, 2021 | 37.16% |
API Access
National Fuel Gas EBIT Margin 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=ebit-margin&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();