National Fuel Gas (NFG) Return on Assets [ROA] (2011 - 2026)
National Fuel Gas (NFG) posted Return on Assets [ROA] of 6.90% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 4.02 percentage points from 2.88% a year earlier but down 0.59 percentage points from the prior quarter.
Powered by 
Analysis
National Fuel Gas (NFG) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), National Fuel Gas' Return on Assets [ROA] came in at 6.09%, up 5.15 percentage points from FY2024.
- Annual Return on Assets [ROA] shows a five-year change of +7.93 percentage points (FY2020 to FY2025).
- In prior fiscal years, National Fuel Gas' Return on Assets [ROA] was 0.93% in FY2024 (-4.96 pp), 5.90% in FY2023 (-1.47 pp), 7.37% in FY2022 (+2.33 pp) and 5.04% in FY2021 (+6.88 pp).
- Quarterly Return on Assets [ROA] has run from a low of -0.13% in fiscal Q1 2025 to a high of 7.53% in fiscal Q1 2023 over five years.
- On a year-over-year basis, Return on Assets [ROA] has increased in each of the last four quarters, with an average year-over-year change of +0.95 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was fiscal Q1 2022, with a gain of 7.45 percentage points; the weakest was fiscal Q1 2025, with a drop of 5.35 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior fiscal quarters was 7.49% (Q2 2026), 7.31% (Q1 2026) and 6.04% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 764.26 Bn | 720.74 Bn | - | 7.26% |
| 2 | Chevron | 460.02 Bn | 432.14 Bn | 33.45 Bn | 6.36% |
| 3 | Shell | 318.78 Bn | 248.53 Bn | 30.13 Bn | 4.70% |
| 4 | TotalEnergies SE | 203.95 Bn | 84.54 Bn | 61.77 Bn | 3.63% |
| 5 | Conocophillips | 183.17 Bn | 155.88 Bn | 12.81 Bn | 7.52% |
| 6 | Equinor Asa | 126.75 Bn | 41.20 Bn | - | 658.73% |
| 7 | Canadian Natural Resources | 115.42 Bn | 112.42 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 113.42 Bn | 101.21 Bn | 8.38 Bn | 8.67% |
| 9 | Suncor Energy | 96.84 Bn | 82.59 Bn | - | 14.59% |
| 10 | National Fuel Gas | 7.65 Bn | 6.07 Bn | 507.62 Mn | 6.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.90% |
| Mar 31, 2026 | 7.49% |
| Dec 31, 2025 | 7.31% |
| Sep 30, 2025 | 6.04% |
| Jun 30, 2025 | 2.88% |
| Mar 31, 2025 | 0.47% |
| Dec 31, 2024 | -0.13% |
| Sep 30, 2024 | 0.92% |
| Jun 30, 2024 | 3.72% |
| Mar 31, 2024 | 5.39% |
| Dec 31, 2023 | 5.22% |
| Sep 30, 2023 | 5.82% |
| Jun 30, 2023 | 6.98% |
| Mar 31, 2023 | 7.17% |
| Dec 31, 2022 | 7.53% |
| Sep 30, 2022 | 7.07% |
| Jun 30, 2022 | 6.22% |
| Mar 31, 2022 | 6.15% |
| Dec 31, 2021 | 5.56% |
| Sep 30, 2021 | 4.96% |
API Access
National Fuel Gas Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();