National Fuel Gas (NFG) Tax Rate (2009 - 2026)
National Fuel Gas' (NFG) quarterly Tax Rate came in at 24.99% in Q2 2026, down 44.0% year-over-year from 44.62% in Q2 2025, and little changed quarter-over-quarter from 25.04% in Q1 2026.
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Analysis
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 24.99% for Q2 2026.
- In Q2 2026, Tax Rate fell 44.0% year-over-year to 24.99%; the TTM figure through Jun 2026 stood at 25.42% (up 229.0% YoY), while the FY2025 annual figure was 25.29%, up 1413.0% from the prior year.
- Tax Rate came in at 24.99% for Q2 2026 at National Fuel Gas, roughly flat from 25.04% 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.
- Average Tax Rate over 5 years is 23.39%, with a median of 25.01% recorded in 2026.
- Year-over-year, Tax Rate tumbled 2784 bps in 2022 and soared 3802 bps in 2023.
- Over 5 years, 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 1 bps to 24.99% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.99% in Q2 2026, 25.04% in Q1 2026, and 24.62% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 158.35 Bn | 150.66 Bn | 12.81 Bn | 35.37% |
| 2 | Canadian Natural Resources | 103.29 Bn | 101.40 Bn | 8.84 Bn | 18.22% |
| 3 | Eog Resources | 75.64 Bn | 70.73 Bn | - | 22.15% |
| 4 | Diamondback Energy | 53.99 Bn | 59.61 Bn | 5.55 Bn | 22.01% |
| 5 | Devon Energy | 53.46 Bn | 52.45 Bn | 6.02 Bn | 22.36% |
| 6 | Expand Energy | 20.25 Bn | 18.99 Bn | 2.33 Bn | 22.32% |
| 7 | Permian Resources | 19.06 Bn | 18.80 Bn | - | 21.99% |
| 8 | Ovintiv | 17.25 Bn | 16.37 Bn | 2.83 Bn | 15.40% |
| 9 | Apa | 15.72 Bn | 16.20 Bn | 2.28 Bn | 18.32% |
| 10 | National Fuel Gas | 7.69 Bn | 6.46 Bn | 507.62 Mn | 24.99% |
Historic Data
Download Data
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% |
| Sep 30, 2024 | 26.48% |
| Jun 30, 2024 | 34.33% |
| 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% |
| Sep 30, 2022 | -13.36% |
| Jun 30, 2022 | 23.33% |
| Mar 31, 2022 | 25.56% |
| Dec 31, 2021 | 25.32% |
| Sep 30, 2021 | 14.48% |
API Access
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();