National Fuel Gas (NFG) Operating Income (2009 - 2026)
National Fuel Gas' Operating Income came in at $208.94 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 9.3% from $230.25 million a year earlier and down 39.8% from the prior quarter.
National Fuel Gas (NFG) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, National Fuel Gas reported Operating Income of $1.01 billion, up 131.5% year-over-year; for FY2025 (ended Sep 30, 2025), it was $813.46 million, up 287.9% from FY2024.
- Operating Income carries a five-year compound annual growth rate of 93.7% (FY2020 to FY2025).
- Going back by fiscal year, Operating Income was $209.72 million in FY2024 (-72.2%), $755.15 million in FY2023 (-7.3%), $814.52 million in FY2022 (+27.3%) and $639.92 million in FY2021.
- The five-year range for quarterly Operating Income is -$196.57 million (fiscal Q4 2024) to $347.14 million (fiscal Q2 2026).
- Year-over-year, Operating Income increased in three of the last five quarters, with growth averaging 37.7%.
- The fastest year-over-year change in Operating Income over five years came in fiscal Q1 2026 (growth of 220.4%), and the weakest in fiscal Q1 2025 (a decline of 58.4%).
- Business Quant data shows NFG's Operating Income at $347.14 million (Q2 2026), $276.12 million (Q1 2026) and $179.77 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | - |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | -19.92 Bn |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 21.43 Bn |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 15.33 Bn |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 8.73 Bn |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | 652.00 Mn |
| 10 | National Fuel Gas | 7.54 Bn | 5.96 Bn | 507.62 Mn | 208.94 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 208.94 Mn |
| Mar 31, 2026 | 347.14 Mn |
| Dec 31, 2025 | 276.12 Mn |
| Sep 30, 2025 | 179.77 Mn |
| Jun 30, 2025 | 230.25 Mn |
| Mar 31, 2025 | 317.25 Mn |
| Dec 31, 2024 | 86.19 Mn |
| Sep 30, 2024 | -196.57 Mn |
| Jun 30, 2024 | -51.44 Mn |
| Mar 31, 2024 | 250.62 Mn |
| Dec 31, 2023 | 207.11 Mn |
| Sep 30, 2023 | 125.30 Mn |
| Jun 30, 2023 | 154.10 Mn |
| Mar 31, 2023 | 221.38 Mn |
| Dec 31, 2022 | 254.37 Mn |
| Sep 30, 2022 | 177.80 Mn |
| Jun 30, 2022 | 180.70 Mn |
| Mar 31, 2022 | 246.37 Mn |
| Dec 31, 2021 | 209.66 Mn |
| Sep 30, 2021 | 132.27 Mn |
National Fuel Gas Operating Income 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=operating-income&ticker=NFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();