National Fuel Gas (NFG) Return on Capital Employed (2010 - 2026)

National Fuel Gas has disclosed Return on Capital Employed across 17 years of filings, most recently posting 12.38% for Q1 2026.

• Return on Capital Employed for Q1 2026 came in at 12.38%, up 1022.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.38% (up 1022.0% YoY), and the FY2025 annual result was 10.71%, up 780.0% from the prior year.
• Return on Capital Employed came in at 12.38% for Q1 2026 at National Fuel Gas, down from 12.88% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 13.44% in Q3 2022 to a low of 1.25% in Q4 2024.
• The 5-year median for Return on Capital Employed is 10.62% (2025), against an average of 9.35%.
• Across the five-year window, Return on Capital Employed slumped 803 bps in 2024 and surged 1163 bps in 2025, its largest moves.
• National Fuel Gas' Return on Capital Employed stood at 13.26% in 2022, then decreased by 30 bps to 9.28% in 2023, then plunged by 87 bps to 1.25% in 2024, then surged by 932 bps to 12.88% in 2025, then dropped by 4 bps to 12.38% in 2026.
• The last three Return on Capital Employed figures came in at 12.38% (Q1 2026), 12.88% (Q4 2025), and 10.62% (Q3 2025), per Business Quant data.