Growth Metrics

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

National Fuel Gas' Invested Capital history spans 16 years, with the latest figure at $5.4 billion for Q2 2025.

  • For Q2 2025, Invested Capital fell 6.84% year-over-year to $5.4 billion; the TTM value through Jun 2025 reached $5.4 billion, down 6.84%, while the annual FY2024 figure was $5.0 billion, N/A changed from the prior year.
  • Invested Capital for Q2 2025 was $5.4 billion at National Fuel Gas, up from $5.1 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $5.8 billion in Q2 2024 and bottomed at $3.9 billion in Q1 2022.
  • The 5-year median for Invested Capital is $5.0 billion (2023), against an average of $4.9 billion.
  • The largest annual shift saw Invested Capital decreased 16.52% in 2022 before it soared 30.18% in 2023.
  • A 5-year view of Invested Capital shows it stood at $4.7 billion in 2021, then decreased by 2.5% to $4.6 billion in 2022, then grew by 20.3% to $5.6 billion in 2023, then dropped by 11.1% to $4.9 billion in 2024, then increased by 8.4% to $5.4 billion in 2025.
  • Per Business Quant, the three most recent readings for NFG's Invested Capital are $5.4 billion (Q2 2025), $5.1 billion (Q1 2025), and $4.9 billion (Q4 2024).