National Fuel Gas (NFG) FCF Payout Ratio (2009 - 2026)
National Fuel Gas' FCF Payout Ratio came in at 0.46 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 92.2% from 0.24 a year earlier and up 45.7% from the prior quarter.
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Analysis
National Fuel Gas (NFG) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, National Fuel Gas reported FCF Payout Ratio of 0.89, down 11.4% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 1.01, down 26.2% from FY2024.
- Going back by fiscal year, FCF Payout Ratio was 1.36 in FY2024 (+76.0%), 0.78 in FY2023 (-99.7%), 241.94 in FY2022 and 4.10 in FY2021 (-34.1%).
- The fiscal Q3 2026 figure represents the highest quarterly FCF Payout Ratio since fiscal Q2 2025.
- Year-over-year, FCF Payout Ratio increased in two of the last four quarters, with growth averaging 2.8%.
- The fastest year-over-year change in FCF Payout Ratio over five years came in fiscal Q1 2024 (growth of 309.0%), and the weakest in fiscal Q2 2026 (a decline of 59.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.22 Bn | 700.71 Bn | - | 0.25 |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | 0.19 |
| 3 | Shell | 308.83 Bn | 238.57 Bn | 30.13 Bn | - |
| 4 | TotalEnergies SE | 197.25 Bn | 77.83 Bn | 61.77 Bn | 0.32 |
| 5 | Conocophillips | 176.36 Bn | 149.07 Bn | 12.81 Bn | 0.23 |
| 6 | Equinor Asa | 119.62 Bn | 34.07 Bn | - | - |
| 7 | Phillips 66 | 116.49 Bn | 104.28 Bn | 8.38 Bn | 0.08 |
| 8 | Canadian Natural Resources | 113.27 Bn | 110.27 Bn | 8.84 Bn | 0.14 |
| 9 | Suncor Energy | 95.51 Bn | 81.26 Bn | - | 0.10 |
| 10 | National Fuel Gas | 7.43 Bn | 5.85 Bn | 507.62 Mn | 0.46 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.31 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.78 |
| Jun 30, 2024 | 0.57 |
| Mar 31, 2024 | 0.57 |
| Dec 31, 2023 | 1.89 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.46 |
| Jun 30, 2022 | 0.81 |
| Mar 31, 2022 | 0.80 |
| Jun 30, 2021 | 0.50 |
| Mar 31, 2021 | 0.71 |
| Dec 31, 2020 | 1.89 |
| Jun 30, 2020 | 0.49 |
| Mar 31, 2020 | 1.43 |
| Jun 30, 2019 | 1.27 |
| Mar 31, 2019 | 1.34 |
| Jun 30, 2018 | 0.41 |
API Access
National Fuel Gas FCF Payout Ratio 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=fcf-payout-ratio&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();