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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

National Fuel Gas (NFG) Operating Margin (2016 - 2026)

National Fuel Gas' Operating Margin history spans 18 years, with the latest figure at 40.44% for Q1 2026.

  • On a quarterly basis, Operating Margin fell 302.0% to 40.44% in Q1 2026 year-over-year; TTM through Mar 2026 was 41.2%, a 3369.0% increase, with the full-year FY2025 number at 35.72%, up 2493.0% from a year prior.
  • Operating Margin hit 40.44% in Q1 2026 for National Fuel Gas, down from 42.38% in the prior quarter.
  • Over the last five years, Operating Margin for NFG hit a ceiling of 43.46% in Q1 2025 and a floor of 52.83% in Q3 2024.
  • Historically, Operating Margin has averaged 28.77% across 5 years, with a median of 38.55% in 2025.
  • Biggest five-year swings in Operating Margin: crashed -8679bps in 2024 and later surged 9138bps in 2025.
  • Tracing NFG's Operating Margin over 5 years: stood at 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, then dropped by -5bps to 40.44% in 2026.
  • Business Quant data shows Operating Margin for NFG at 40.44% in Q1 2026, 42.38% in Q4 2025, and 38.55% in Q3 2025.