National Fuel Gas (NFG) EV to EBITDA (2010 - 2026)
National Fuel Gas' EV to EBITDA came in at 4.08 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 52.6% from 8.62 a year earlier and down 30.7% from the prior quarter.
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Analysis
National Fuel Gas (NFG) EV to EBITDA (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, National Fuel Gas reported EV to EBITDA of 3.86, down 54.5% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 6.54, down 20.4% from FY2024.
- Going back by fiscal year, EV to EBITDA was 8.22 in FY2024 (+103.1%), 4.04 in FY2023 (-12.8%), 4.64 in FY2022 (-3.1%) and 4.79 in FY2021 (-56.2%).
- The fiscal Q3 2026 figure represents the lowest quarterly EV to EBITDA since fiscal Q1 2024.
- Year-over-year, EV to EBITDA has declined for four consecutive quarters, with growth averaging 42.8% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in fiscal Q2 2025 (growth of 187.8%), and the weakest in fiscal Q4 2021 (a decline of 56.2%).
- Business Quant data shows NFG's EV to EBITDA at 5.89 (Q2 2026), 4.98 (Q1 2026) and 6.54 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 736.90 Bn | 693.38 Bn | - |
| 2 | Chevron | 440.39 Bn | 412.51 Bn | 33.45 Bn |
| 3 | Shell | 309.53 Bn | 239.28 Bn | 30.13 Bn |
| 4 | TotalEnergies SE | 196.74 Bn | 77.33 Bn | 61.77 Bn |
| 5 | Conocophillips | 175.94 Bn | 148.65 Bn | 12.81 Bn |
| 6 | Equinor Asa | 117.97 Bn | 32.42 Bn | - |
| 7 | Phillips 66 | 116.05 Bn | 103.84 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 112.60 Bn | 109.60 Bn | 8.84 Bn |
| 9 | Suncor Energy | 94.71 Bn | 80.46 Bn | - |
| 10 | National Fuel Gas | 7.53 Bn | 5.95 Bn | 507.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.08 |
| Mar 31, 2026 | 5.89 |
| Dec 31, 2025 | 4.98 |
| Sep 30, 2025 | 6.54 |
| Jun 30, 2025 | 8.62 |
| Mar 31, 2025 | 11.90 |
| Dec 31, 2024 | 10.10 |
| Sep 30, 2024 | 8.22 |
| Jun 30, 2024 | 4.94 |
| Mar 31, 2024 | 4.13 |
| Dec 31, 2023 | 4.03 |
| Sep 30, 2023 | 4.04 |
| Jun 30, 2023 | 3.88 |
| Mar 31, 2023 | 4.28 |
| Dec 31, 2022 | 4.50 |
| Sep 30, 2022 | 4.64 |
| Jun 30, 2022 | 4.83 |
| Mar 31, 2022 | 5.64 |
| Dec 31, 2021 | 5.51 |
| Sep 30, 2021 | 4.79 |
API Access
National Fuel Gas EV to EBITDA 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-ebitda&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();