Growth Metrics

National Fuel Gas (NFG) Invested Capital (2016 - 2025)

National Fuel Gas (NFG) has disclosed Invested Capital for 16 consecutive years, with $5.7 billion as the latest value for Q4 2025.

  • Quarterly Invested Capital rose 14.76% to $5.7 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $5.7 billion through Dec 2025, up 14.76% year-over-year, with the annual reading at $5.5 billion for FY2025, 8.75% up from the prior year.
  • Invested Capital hit $5.7 billion in Q4 2025 for National Fuel Gas, up from $5.5 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $5.8 billion in Q2 2024 to a low of $3.9 billion in Q1 2022.
  • Historically, Invested Capital has averaged $5.0 billion across 5 years, with a median of $5.0 billion in 2023.
  • Biggest five-year swings in Invested Capital: fell 16.52% in 2022 and later skyrocketed 30.18% in 2023.
  • Year by year, Invested Capital stood at $4.7 billion in 2021, then fell by 2.5% to $4.6 billion in 2022, then increased by 20.3% to $5.6 billion in 2023, then decreased by 11.1% to $4.9 billion in 2024, then rose by 14.76% to $5.7 billion in 2025.
  • Business Quant data shows Invested Capital for NFG at $5.7 billion in Q4 2025, $5.5 billion in Q3 2025, and $5.4 billion in Q2 2025.