National Fuel Gas (NFG) Retained Earnings (2009 - 2026)
National Fuel Gas' Retained Earnings came in at $2.43 billion for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 24.2% from $1.95 billion a year earlier and up 3.7% from the prior quarter.
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Analysis
National Fuel Gas (NFG) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), National Fuel Gas' Retained Earnings was $2.01 billion, up 16.5% from FY2024.
- Retained Earnings carries a five-year compound annual growth rate of 15.2% (FY2020 to FY2025).
- Going back by fiscal year, Retained Earnings was $1.73 billion in FY2024 (-8.4%), $1.89 billion in FY2023 (+18.8%), $1.59 billion in FY2022 (+33.2%) and $1.19 billion in FY2021 (+20.1%).
- The fiscal Q3 2026 figure represents the highest quarterly Retained Earnings in data going back to fiscal Q4 2009.
- Year-over-year, Retained Earnings has increased for four consecutive quarters, with growth averaging 7.3% over the last eight quarters.
- The fastest year-over-year change in Retained Earnings over five years came in fiscal Q1 2023 (growth of 33.6%), and the weakest in fiscal Q1 2025 (a decline of 13.9%).
- Business Quant data shows NFG's Retained Earnings at $2.34 billion (Q2 2026), $2.14 billion (Q1 2026) and $2.01 billion (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.22 Bn | 700.71 Bn | - | 492.57 Bn |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | 212.60 Bn |
| 3 | Shell | 308.83 Bn | 238.57 Bn | 30.13 Bn | - |
| 4 | TotalEnergies SE | 197.25 Bn | 77.83 Bn | 61.77 Bn | - |
| 5 | Conocophillips | 176.36 Bn | 149.07 Bn | 12.81 Bn | 72.92 Bn |
| 6 | Equinor Asa | 119.62 Bn | 34.07 Bn | - | - |
| 7 | Phillips 66 | 116.49 Bn | 104.28 Bn | 8.38 Bn | 36.27 Bn |
| 8 | Canadian Natural Resources | 113.27 Bn | 110.27 Bn | 8.84 Bn | 24.41 Bn |
| 9 | Suncor Energy | 95.51 Bn | 81.26 Bn | - | - |
| 10 | National Fuel Gas | 7.43 Bn | 5.85 Bn | 507.62 Mn | 2.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.43 Bn |
| Mar 31, 2026 | 2.34 Bn |
| Dec 31, 2025 | 2.14 Bn |
| Sep 30, 2025 | 2.01 Bn |
| Jun 30, 2025 | 1.95 Bn |
| Mar 31, 2025 | 1.86 Bn |
| Dec 31, 2024 | 1.70 Bn |
| Sep 30, 2024 | 1.73 Bn |
| Jun 30, 2024 | 1.97 Bn |
| Mar 31, 2024 | 2.09 Bn |
| Dec 31, 2023 | 1.97 Bn |
| Sep 30, 2023 | 1.89 Bn |
| Jun 30, 2023 | 1.86 Bn |
| Mar 31, 2023 | 1.81 Bn |
| Dec 31, 2022 | 1.71 Bn |
| Sep 30, 2022 | 1.59 Bn |
| Jun 30, 2022 | 1.47 Bn |
| Mar 31, 2022 | 1.41 Bn |
| Dec 31, 2021 | 1.28 Bn |
| Sep 30, 2021 | 1.19 Bn |
API Access
National Fuel Gas Retained Earnings 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=retained-earnings&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();