National Fuel Gas (NFG) EBITDA Margin (2009 - 2026)

National Fuel Gas has disclosed EBITDA Margin across 18 years of filings, most recently posting 40.44% for Q1 2026.

• EBITDA Margin for Q1 2026 came in at 40.44%, down 302.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 41.2% (up 3369.0% YoY), and the FY2025 annual result was 35.72%, up 2493.0% from the prior year.
• EBITDA Margin came in at 40.44% for Q1 2026 at National Fuel Gas, down from 42.38% in the prior quarter.
• In the past five years, EBITDA Margin ranged from a high of 43.46% in Q1 2025 to a low of 52.83% in Q3 2024.
• The 5-year median for EBITDA Margin is 38.55% (2025), against an average of 28.77%.
• Across the five-year window, EBITDA Margin slumped 8679 bps in 2024 and soared 9138 bps in 2025, its largest moves.
• National Fuel Gas' EBITDA Margin stood at 38.61% in 2022, then gained by 2 bps to 39.42% in 2023, then sank by 60 bps to 15.69% in 2024, then surged by 170 bps to 42.38% in 2025, then fell by 5 bps to 40.44% in 2026.
• The last three EBITDA Margin figures came in at 40.44% (Q1 2026), 42.38% (Q4 2025), and 38.55% (Q3 2025), per Business Quant data.