National Fuel Gas (NFG) Tax Rate (2009 - 2026)
National Fuel Gas (NFG) posted Tax Rate of 24.99% for Q2 2026, little changed sequentially from 25.04% in Q1 2026, and down 44.0% YoY from 44.62% in Q2 2025.
Analysis
National Fuel Gas (NFG) Tax Rate (2009 - 2026) Analysis & Trends
National Fuel Gas has reported Tax Rate for 18 years, with the latest figure at 24.99% in Q2 2026.
- Quarterly Tax Rate fell 44.0% year-over-year to 24.99% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 25.42% (up 229.0% YoY) and the FY2025 annual result came in at 25.29%, up 1413.0% from the prior year.
- Tax Rate held at 24.99% in Q2 2026 per NFG's latest filing, from 25.04% in the prior quarter.
- Over five years, Tax Rate peaked at 34.33% in Q2 2024 and troughed at 13.36% in Q3 2022.
- A 5-year average of 23.39% and a median of 25.01% in 2026 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 2784 bps in 2022, then jumped 3802 bps in 2023.
- Over 5 years, Tax Rate stood at 25.33% in 2022, then decreased by 3 bps to 24.47% in 2023, then decreased by 19 bps to 19.91% in 2024, then increased by 24 bps to 24.62% in 2025, then gained by 1 bps to 24.99% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 24.99%, 25.04%, and 24.62% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 31.41% |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 26.95% |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 14.08% |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | -32.93% |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | -62.89% |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 26.47% |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 23.43% |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 27.19% |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | National Fuel Gas | 7.89 Bn | 6.65 Bn | 507.62 Mn | 24.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.99 |
| Jun 30, 2026 | 24.99 |
| Jun 30, 2026 | 24.99 |
| Mar 31, 2026 | 25.04 |
| Mar 31, 2026 | 25.04 |
| Mar 31, 2026 | 25.04 |
| Dec 31, 2025 | 24.62 |
| Dec 31, 2025 | 24.62 |
| Dec 31, 2025 | 24.62 |
| Sep 30, 2025 | 28.08 |
| Sep 30, 2025 | 28.08 |
| Sep 30, 2025 | 28.08 |
| Jun 30, 2025 | 25.43 |
| Jun 30, 2025 | 25.43 |
| Jun 30, 2025 | 25.43 |
| Mar 31, 2025 | 24.80 |
| Mar 31, 2025 | 24.80 |
| Mar 31, 2025 | 24.80 |
| Dec 31, 2024 | 19.91 |
| Dec 31, 2024 | 19.91 |