National Fuel Gas (NFG) FCF Payout Ratio (2009 - 2026)
National Fuel Gas' (NFG) quarterly FCF Payout Ratio came in at 0.46 in Q2 2026, up 92.18% year-over-year from 0.24 in Q2 2025, and up 45.7% quarter-over-quarter from 0.31 in Q1 2026.
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Analysis
National Fuel Gas (NFG) FCF Payout Ratio (2009 - 2026) Analysis & Trends
National Fuel Gas has disclosed FCF Payout Ratio across 18 years of filings, most recently posting 0.46 for Q2 2026.
- In Q2 2026, FCF Payout Ratio rose 92.18% year-over-year to 0.46; the TTM figure through Jun 2026 stood at 0.89 (down 11.43% YoY), while the FY2025 annual figure was 1.01, down 26.22% from the prior year.
- FCF Payout Ratio came in at 0.46 for Q2 2026 at National Fuel Gas, up from 0.31 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 1.89 in Q4 2023 to a low of 17.84 in Q4 2025.
- Average FCF Payout Ratio over 5 years is 0.87, with a median of 0.37 recorded in 2023.
- Year-over-year, FCF Payout Ratio jumped 309.0% in 2023 and plunged 674.23% in 2025.
- Over 5 years, FCF Payout Ratio stood at 0.46 in 2022, then jumped by 309.0% to 1.89 in 2023, then sank by 221.72% to 2.3 in 2024, then slumped by 674.23% to 17.84 in 2025, then jumped by 102.57% to 0.46 in 2026.
- Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.46 in Q2 2026, 0.31 in Q1 2026, and 17.84 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 0.23 |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | 0.14 |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | 0.18 |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | 0.12 |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 0.16 |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 0.40 |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | 0.14 |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 0.08 |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | 0.08 |
| 10 | National Fuel Gas | 7.60 Bn | 6.37 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 |
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();