National Fuel Gas (NFG) FCF Payout Ratio (2009 - 2026)
National Fuel Gas (NFG) posted FCF Payout Ratio of 0.46 for Q2 2026, up 45.7% sequentially from 0.31 in Q1 2026, and up 92.18% YoY from 0.24 in Q2 2025.
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National Fuel Gas (NFG) FCF Payout Ratio (2009 - 2026) Analysis & Trends
National Fuel Gas has reported FCF Payout Ratio for 18 years, with the latest figure at 0.46 in Q2 2026.
- Quarterly FCF Payout Ratio rose 92.18% year-over-year to 0.46 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.89 (down 11.43% YoY) and the FY2025 annual result came in at 1.01, down 26.22% from the prior year.
- FCF Payout Ratio improved to 0.46 in Q2 2026 per NFG's latest filing, from 0.31 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 1.89 in Q4 2023 and troughed at 17.84 in Q4 2025.
- A 5-year average of 0.87 and a median of 0.37 in 2023 frame the typical range for FCF Payout Ratio.
- The sharpest annual moves came in 2023 and 2025: FCF Payout Ratio surged 309.0% in 2023, then sank 674.23% in 2025.
- Over 5 years, FCF Payout Ratio stood at 0.46 in 2022, then soared by 309.0% to 1.89 in 2023, then tumbled by 221.72% to 2.3 in 2024, then plunged by 674.23% to 17.84 in 2025, then soared by 102.57% to 0.46 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.46, 0.31, and 17.84 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 0.19 |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 0.19 |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 0.49 |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | -0.18 |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | -0.15 |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | -0.10 |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 0.19 |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | National Fuel Gas | 7.89 Bn | 6.65 Bn | 507.62 Mn | 0.46 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.31 |
| Dec 31, 2025 | -17.84 |
| Sep 30, 2025 | -1.01 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.78 |
| Dec 31, 2024 | -2.30 |
| Sep 30, 2024 | -0.96 |
| Jun 30, 2024 | 0.57 |
| Mar 31, 2024 | 0.57 |
| Dec 31, 2023 | 1.89 |
| Sep 30, 2023 | -0.45 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.46 |
| Sep 30, 2022 | -0.71 |
| Jun 30, 2022 | 0.81 |
| Mar 31, 2022 | 0.80 |
| Dec 31, 2021 | -0.99 |
| Sep 30, 2021 | -0.35 |