National Fuel Gas (NFG) Payout Ratio (2010 - 2026)
National Fuel Gas' (NFG) Payout Ratio was 0.29 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 61.8% from 0.77 a year earlier but up 3.9% from the prior quarter.
National Fuel Gas (NFG) Payout Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Payout Ratio at National Fuel Gas was 0.36, down 84.7% from FY2024.
- By fiscal year, Payout Ratio came in at 2.37 in FY2024 (+542.1%), 0.37 in FY2023 (+24.3%), 0.30 in FY2022 (-33.8%) and 0.45 in FY2021.
- Five-year quarterly Payout Ratio spans a low of 0.28 in fiscal Q1 2023 and a high of 4.71 in fiscal Q2 2025.
- Year over year, Payout Ratio gained in two of the last five quarters, with growth averaging 67.3%.
- The high point for year-over-year Payout Ratio in five years was fiscal Q4 2024 (growth of 542.1%); the low point was fiscal Q2 2026 (a decline of 94.0%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.28 (Q2 2026), 0.29 (Q1 2026) and 0.36 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 741.26 Bn | 697.74 Bn | - |
| 2 | Chevron | 441.33 Bn | 413.45 Bn | 33.45 Bn |
| 3 | Shell | 310.17 Bn | 239.91 Bn | 30.13 Bn |
| 4 | TotalEnergies SE | 197.99 Bn | 78.58 Bn | 61.77 Bn |
| 5 | Conocophillips | 175.70 Bn | 148.40 Bn | 12.81 Bn |
| 6 | Equinor Asa | 118.51 Bn | 32.97 Bn | - |
| 7 | Phillips 66 | 116.20 Bn | 103.99 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 113.18 Bn | 110.19 Bn | 8.84 Bn |
| 9 | Suncor Energy | 95.25 Bn | 81.00 Bn | - |
| 10 | National Fuel Gas | 7.50 Bn | 5.92 Bn | 507.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.36 |
| Jun 30, 2025 | 0.77 |
| Mar 31, 2025 | 4.71 |
| Sep 30, 2024 | 2.37 |
| Jun 30, 2024 | 0.57 |
| Mar 31, 2024 | 0.39 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.35 |
| Dec 31, 2021 | 0.39 |
| Sep 30, 2021 | 0.45 |
| Jun 30, 2021 | 1.24 |
National Fuel Gas Payout Ratio 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=payout-ratio&ticker=NFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();