National Fuel Gas (NFG) EBT Margin (2016 - 2026)
National Fuel Gas (NFG) posted EBT Margin of 34.38% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 3.39 percentage points from 37.77% a year earlier and down 4.11 percentage points from the prior quarter.
National Fuel Gas (NFG) EBT Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at National Fuel Gas was 36.02%, up 21.51 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 30.47%, up 25.99 percentage points from FY2024.
- Annual EBT Margin shows a five-year change of +37.27 percentage points (FY2020 to FY2025).
- In prior fiscal years, National Fuel Gas' EBT Margin was 4.49% in FY2024 (-25.02 pp), 29.51% in FY2023 (-1.72 pp), 31.23% in FY2022 (+3.78 pp) and 27.45% in FY2021 (+34.24 pp).
- Quarterly EBT Margin has run from a low of -61.28% in fiscal Q4 2024 to a high of 39.42% in fiscal Q2 2025 over five years.
- On a year-over-year basis, EBT Margin increased in four of the last eight quarters, with an average year-over-year change of +8.30 percentage points.
- The strongest year-over-year quarter for EBT Margin in the past five years was fiscal Q4 2021, with a gain of 100.85 percentage points; the weakest was fiscal Q4 2024, with a drop of 87.78 percentage points.
- According to Business Quant data, EBT Margin for the three prior fiscal quarters was 38.49% (Q2 2026), 36.99% (Q1 2026) and 32.01% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.22 Bn | 700.71 Bn | - | 16.74% |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | 23.84% |
| 3 | Shell | 308.83 Bn | 238.57 Bn | 30.13 Bn | 16.64% |
| 4 | TotalEnergies SE | 197.25 Bn | 77.83 Bn | 61.77 Bn | 24.82% |
| 5 | Conocophillips | 176.36 Bn | 149.07 Bn | 12.81 Bn | 31.15% |
| 6 | Equinor Asa | 119.62 Bn | 34.07 Bn | - | 37.04% |
| 7 | Phillips 66 | 116.49 Bn | 104.28 Bn | 8.38 Bn | 9.55% |
| 8 | Canadian Natural Resources | 113.27 Bn | 110.27 Bn | 8.84 Bn | 39.94% |
| 9 | Suncor Energy | 95.51 Bn | 81.26 Bn | - | 26.19% |
| 10 | National Fuel Gas | 7.43 Bn | 5.85 Bn | 507.62 Mn | 34.38% |
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% |
National Fuel Gas EBT 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=ebt-margin&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();