National Fuel Gas (NFG) EBT Margin (2009 - 2026)
National Fuel Gas (NFG) posted EBT Margin of 34.38% for Q2 2026, down 10.68% sequentially from 38.49% in Q1 2026, and down 339.0% YoY from 14.39% in Q2 2025.
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Analysis
National Fuel Gas (NFG) EBT Margin (2009 - 2026) Analysis & Trends
National Fuel Gas has reported EBT Margin for 18 years, with the latest figure at 34.38% in Q2 2026.
- Quarterly EBT Margin fell 339.0% year-over-year to 34.38% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 36.02% (up 2151.0% YoY) and the FY2025 annual result came in at 30.47%, up 2599.0% from the prior year.
- EBT Margin retreated to 34.38% in Q2 2026 per NFG's latest filing, from 38.49% in the prior quarter.
- Over five years, EBT Margin peaked at 39.42% in Q1 2025 and troughed at 61.28% in Q3 2024.
- A 5-year average of 23.67% and a median of 32.05% in 2022 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2024 and 2025: EBT Margin sank 8778 bps in 2024, then soared 9329 bps in 2025.
- Over 5 years, EBT Margin stood at 34.49% in 2022, then declined by 3 bps to 33.52% in 2023, then sank by 70 bps to 10.22% in 2024, then soared by 262 bps to 36.99% in 2025, then fell by 7 bps to 34.38% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 34.38%, 38.49%, and 36.99% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 16.64% |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 23.84% |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | -36.27% |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 17.58% |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 37.04% |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | -48.96% |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 17.81% |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 22.62% |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | National Fuel Gas | 7.89 Bn | 6.65 Bn | 507.62 Mn | 34.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.38% |
| Mar 31, 2026 | 38.49% |
| Dec 31, 2025 | 36.99% |
| Sep 30, 2025 | 32.01% |
| Jun 30, 2025 | 37.77% |
| Mar 31, 2025 | 39.42% |
| Dec 31, 2024 | 10.22% |
| Sep 30, 2024 | -61.28% |
| Jun 30, 2024 | -19.76% |
| Mar 31, 2024 | 35.18% |
| Dec 31, 2023 | 33.52% |
| Sep 30, 2023 | 26.50% |
| Jun 30, 2023 | 29.29% |
| Mar 31, 2023 | 26.60% |
| Dec 31, 2022 | 34.49% |
| Sep 30, 2022 | 32.06% |
| Jun 30, 2022 | 28.07% |
| Mar 31, 2022 | 32.03% |
| Dec 31, 2021 | 32.44% |
| Sep 30, 2021 | 28.56% |