National Fuel Gas (NFG) EBT Margin (2009 - 2026)
National Fuel Gas' (NFG) quarterly EBT Margin came in at 38.49% in Q1 2026, down 93.0% year-on-year from 549.88% in Q1 2025, and up 4.06% quarter-over-quarter from 36.99% in Q4 2025.
National Fuel Gas (NFG) EBT Margin (2009 - 2026) Analysis & Trends
National Fuel Gas has disclosed EBT Margin across 18 years of filings, most recently posting 38.49% for Q1 2026.
- EBT Margin for Q1 2026 came in at 38.49%, down 93.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 36.74% (up 3513.0% YoY), and the FY2025 annual result was 30.47%, up 2599.0% from the prior year.
- EBT Margin came in at 38.49% for Q1 2026 at National Fuel Gas, up from 36.99% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 39.42% in Q1 2025 to a low of 61.28% in Q3 2024.
- The 5-year median for EBT Margin is 32.03% (2022), against an average of 23.04%.
- Across the five-year window, EBT Margin sank 8778 bps in 2024 and jumped 9329 bps in 2025, its largest moves.
- National Fuel Gas' EBT Margin stood at 34.49% in 2022, then slipped by 3 bps to 33.52% in 2023, then sank by 70 bps to 10.22% in 2024, then jumped by 262 bps to 36.99% in 2025, then rose by 4 bps to 38.49% in 2026.
- The last three EBT Margin figures came in at 38.49% (Q1 2026), 36.99% (Q4 2025), and 32.01% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | 39.62% |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 8.18% |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 60.61% |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 8.02% |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 16.87% |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | 4.20% |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 14.09% |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 18.32% |
| 10 | National Fuel Gas | 7.36 Bn | 7.33 Bn | 650.52 Mn | 38.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 29.62% |