National Fuel Gas (NFG) Tax Rate (2009 - 2026)
National Fuel Gas' (NFG) quarterly Tax Rate came in at 25.04% in Q1 2026, up 24.0% year-on-year from 20.19% in Q1 2025, and up 1.7% quarter-over-quarter from 24.62% in Q4 2025.
National Fuel Gas (NFG) Tax Rate (2009 - 2026) Analysis & Trends
National Fuel Gas has disclosed Tax Rate across 18 years of filings, most recently posting 25.04% for Q1 2026.
- Tax Rate for Q1 2026 came in at 25.04%, up 24.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.51% (up 4383.0% YoY), and the FY2025 annual result was 25.29%, up 1413.0% from the prior year.
- Tax Rate came in at 25.04% for Q1 2026 at National Fuel Gas, up from 24.62% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 34.33% in Q2 2024 to a low of 13.36% in Q3 2022.
- The 5-year median for Tax Rate is 25.04% (2026), against an average of 23.3%.
- Across the five-year window, Tax Rate plunged 2784 bps in 2022 and surged 3802 bps in 2023, its largest moves.
- National Fuel Gas' Tax Rate stood at 25.33% in 2022, then fell by 3 bps to 24.47% in 2023, then fell by 19 bps to 19.91% in 2024, then climbed by 24 bps to 24.62% in 2025, then increased by 2 bps to 25.04% in 2026.
- The last three Tax Rate figures came in at 25.04% (Q1 2026), 24.62% (Q4 2025), and 28.08% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | - |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 35.81% |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | -14.16% |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 43.59% |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 24.66% |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 42.81% |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | - |
| 10 | National Fuel Gas | 7.36 Bn | 7.33 Bn | 650.52 Mn | 25.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.04% |
| Mar 31, 2026 | 25.04% |
| Dec 31, 2025 | 24.62% |
| Dec 31, 2025 | 24.62% |
| Sep 30, 2025 | 28.08% |
| Sep 30, 2025 | 28.08% |
| Jun 30, 2025 | 25.43% |
| Jun 30, 2025 | 25.43% |
| Mar 31, 2025 | 24.80% |
| Mar 31, 2025 | 24.80% |
| Dec 31, 2024 | 19.91% |
| Dec 31, 2024 | 19.91% |
| Sep 30, 2024 | 26.48% |
| Sep 30, 2024 | 26.48% |
| Jun 30, 2024 | 34.33% |
| Jun 30, 2024 | 34.33% |
| Mar 31, 2024 | 24.97% |
| Mar 31, 2024 | 24.97% |
| Dec 31, 2023 | 24.47% |
| Dec 31, 2023 | 24.47% |