National Fuel Gas (NFG) Tax Rate (2009 - 2026)
National Fuel Gas (NFG) recorded Tax Rate of 24.99% in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 0.44 percentage points from 25.43% a year earlier and down 0.05 percentage points from the prior quarter.
National Fuel Gas (NFG) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, National Fuel Gas' Tax Rate came in at 25.42% as of Jun 30, 2026, up 2.29 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 25.29%, up 14.13 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +43.13 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Tax Rate came in at 11.16% in FY2024 (-14.49 pp), 25.65% in FY2023 (+8.57 pp), 17.08% in FY2022 (-6.89 pp) and 23.98% in FY2021 (+41.82 pp).
- Quarterly Tax Rate has ranged from -13.36% in fiscal Q4 2022 to 34.33% in fiscal Q3 2024 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of -0.71 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 38.02 percentage points in fiscal Q4 2023, against a drop of 27.84 percentage points in fiscal Q4 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 25.04% (Q2 2026), 24.62% (Q1 2026) and 28.08% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.22 Bn | 700.71 Bn | - | 23.39% |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | 26.95% |
| 3 | Shell | 308.83 Bn | 238.57 Bn | 30.13 Bn | 31.41% |
| 4 | TotalEnergies SE | 197.25 Bn | 77.83 Bn | 61.77 Bn | 20.57% |
| 5 | Conocophillips | 176.36 Bn | 149.07 Bn | 12.81 Bn | 35.37% |
| 6 | Equinor Asa | 119.62 Bn | 34.07 Bn | - | - |
| 7 | Phillips 66 | 116.49 Bn | 104.28 Bn | 8.38 Bn | 21.97% |
| 8 | Canadian Natural Resources | 113.27 Bn | 110.27 Bn | 8.84 Bn | 18.22% |
| 9 | Suncor Energy | 95.51 Bn | 81.26 Bn | - | - |
| 10 | National Fuel Gas | 7.43 Bn | 5.85 Bn | 507.62 Mn | 24.99% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.99% |
| Mar 31, 2026 | 25.04% |
| Dec 31, 2025 | 24.62% |
| Sep 30, 2025 | 28.08% |
| Jun 30, 2025 | 25.43% |
| Mar 31, 2025 | 24.80% |
| Dec 31, 2024 | 19.91% |
| Mar 31, 2024 | 24.97% |
| Dec 31, 2023 | 24.47% |
| Sep 30, 2023 | 24.65% |
| Jun 30, 2023 | 26.23% |
| Mar 31, 2023 | 26.17% |
| Dec 31, 2022 | 25.33% |
| Jun 30, 2022 | 23.33% |
| Mar 31, 2022 | 25.56% |
| Dec 31, 2021 | 25.32% |
| Sep 30, 2021 | 14.48% |
| Jun 30, 2021 | 25.97% |
| Mar 31, 2021 | 26.34% |
| Dec 31, 2020 | 27.44% |
National Fuel Gas Tax Rate 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=tax-rate&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();