National Fuel Gas (NFG) EV to CFO (2009 - 2026)
National Fuel Gas' (NFG) quarterly EV to CFO came in at 16.18 in Q2 2026, down 17.49% year-over-year from 19.61 in Q2 2025, and down 30.52% quarter-over-quarter from 23.28 in Q1 2026.
National Fuel Gas (NFG) EV to CFO (2009 - 2026) Analysis & Trends
National Fuel Gas has disclosed EV to CFO across 18 years of filings, most recently posting 16.18 for Q2 2026.
- In Q2 2026, EV to CFO fell 17.49% year-over-year to 16.18; the TTM figure through Jun 2026 stood at 4.8 (down 33.22% YoY), while the FY2025 annual figure was 7.55, up 46.92% from the prior year.
- EV to CFO came in at 16.18 for Q2 2026 at National Fuel Gas, down from 23.28 in the prior quarter.
- In the past five years, EV to CFO ranged from a high of 34.93 in Q3 2025 to a low of 13.56 in Q2 2023.
- Average EV to CFO over 5 years is 22.42, with a median of 23.58 recorded in 2022.
- Year-over-year, EV to CFO plunged 49.46% in 2022 and jumped 80.76% in 2025.
- Over 5 years, EV to CFO stood at 17.0 in 2022, then retreated by 0.56% to 16.9 in 2023, then surged by 46.49% to 24.76 in 2024, then grew by 7.76% to 26.68 in 2025, then sank by 39.38% to 16.18 in 2026.
- Per Business Quant data, the three most recent EV to CFO figures were 16.18 in Q2 2026, 23.28 in Q1 2026, and 26.68 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn |
| 10 | National Fuel Gas | 7.60 Bn | 6.37 Bn | 507.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.18 |
| Mar 31, 2026 | 23.28 |
| Dec 31, 2025 | 26.68 |
| Sep 30, 2025 | 34.93 |
| Jun 30, 2025 | 19.61 |
| Mar 31, 2025 | 28.05 |
| Dec 31, 2024 | 24.76 |
| Sep 30, 2024 | 27.67 |
| Jun 30, 2024 | 17.33 |
| Mar 31, 2024 | 15.52 |
| Dec 31, 2023 | 16.90 |
| Sep 30, 2023 | 25.89 |
| Jun 30, 2023 | 13.56 |
| Mar 31, 2023 | 13.62 |
| Dec 31, 2022 | 17.00 |
| Sep 30, 2022 | 34.65 |
| Jun 30, 2022 | 23.88 |
| Mar 31, 2022 | 24.11 |
| Dec 31, 2021 | 33.63 |
| Sep 30, 2021 | 38.99 |
National Fuel Gas EV to CFO 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=ev-to-cfo&ticker=NFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();