Growth Metrics

National Fuel Gas (NFG) Operating Margin (2016 - 2025)

Historic Operating Margin for National Fuel Gas (NFG) over the last 17 years, with Q4 2025 value amounting to 42.38%.

  • National Fuel Gas' Operating Margin rose 267000.0% to 42.38% in Q4 2025 from the same period last year, while for Dec 2025 it was 42.17%, marking a year-over-year increase of 376600.0%. This contributed to the annual value of 35.72% for FY2025, which is 249300.0% up from last year.
  • National Fuel Gas' Operating Margin amounted to 42.38% in Q4 2025, which was up 267000.0% from 38.55% recorded in Q3 2025.
  • In the past 5 years, National Fuel Gas' Operating Margin ranged from a high of 43.46% in Q1 2025 and a low of 52.83% during Q3 2024
  • For the 5-year period, National Fuel Gas' Operating Margin averaged around 30.06%, with its median value being 38.21% (2021).
  • As far as peak fluctuations go, National Fuel Gas' Operating Margin surged by 975700bps in 2021, and later crashed by -867900bps in 2024.
  • National Fuel Gas' Operating Margin (Quarter) stood at 38.36% in 2021, then increased by 1bps to 38.61% in 2022, then increased by 2bps to 39.42% in 2023, then plummeted by -60bps to 15.69% in 2024, then soared by 170bps to 42.38% in 2025.
  • Its last three reported values are 42.38% in Q4 2025, 38.55% for Q3 2025, and 43.29% during Q2 2025.