National Fuel Gas (NFG) FCF Payout Ratio (2009 - 2026)

National Fuel Gas has disclosed FCF Payout Ratio across 18 years of filings, most recently posting 0.31 for Q1 2026.

• FCF Payout Ratio for Q1 2026 came in at 0.31, up 173.32% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.18 (up 133.23% YoY), and the FY2025 annual result was 0.19, down 85.83% from the prior year.
• FCF Payout Ratio came in at 0.31 for Q1 2026 at National Fuel Gas, up from 17.84 in the prior quarter.
• In the past five years, FCF Payout Ratio ranged from a high of 0.46 in Q4 2022 to a low of 17.84 in Q4 2025.
• The 5-year median for FCF Payout Ratio is 0.1 (2022), against an average of 1.01.
• Across the five-year window, FCF Payout Ratio soared 379.92% in 2023 and plunged 5751.78% in 2025, its largest moves.
• National Fuel Gas' FCF Payout Ratio stood at 0.46 in 2022, then slumped by 43.25% to 0.26 in 2023, then advanced by 20.18% to 0.32 in 2024, then slumped by 5751.78% to 17.84 in 2025, then surged by 101.76% to 0.31 in 2026.
• The last three FCF Payout Ratio figures came in at 0.31 (Q1 2026), 17.84 (Q4 2025), and 0.24 (Q3 2025), per Business Quant data.