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Segments

By segment

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All Other$0

Other financials

Income statement

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Revenue$537.5M+1.1%
Gross profit$507.6M+0.7%
Operating income$208.9M-9.3%
Net income$138.6M-7.5%
EPS (diluted)$1.45-11.6%

Balance sheet

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Cash & equivalents$1.2B+3,042%
Total debt$3.6B+46.0%
Total equity$3.9B+31.9%
Total assets$10.5B+23.7%

Cash flow

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Operating cash flow$377.3M-2.9%
CapEx$266.2M+37.9%
Free cash flow$111.0M-43.2%

Valuation

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Market cap$7.66B-2.5%
Enterprise value$10B-2.6%
P/E11.4×
P/S3.1×-0.6×

Profitability

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Gross margin87.7%-2.6pp
Operating margin40.3%
Net margin26.9%
FCF margin7.1%

Returns & leverage

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Return on equity19.6%
Debt / equity0.9×+0.1×
Current ratio3.2×+2.7×

Where this comes from

Reported directly by National Fuel Gas in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: National Fuel Gas’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 11:54 AM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q3 2026
Accession
0000070145-26-000033
(Thousands of U.S. Dollars, Except Per Common Share Amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Nine Months Ended June 30, 2026Nine Months Ended June 30, 2025
Integrated Upstream and Gathering and Other63,53447,137180,904137,312
Pipeline and Storage31,01329,81488,45986,544
Property, Franchise and Other Taxes22,48224,18072,51971,450
Depreciation, Depletion and Amortization121,058116,408362,412337,055
Impairment of Assets141,802
328,557301,5781,215,1781,177,568
Operating Income208,940230,252832,199633,694
Other Income (Expense):

Item 1. Financial Statements (Unaudited)

FAQ

What is National Fuel Gas's D&A?
National Fuel Gas (NFG) reported D&A of $121.06M in Q2 2026.
How has National Fuel Gas's D&A changed year-over-year?
National Fuel Gas's D&A increased by 4.0% year-over-year, from $116.41M to $121.06M.
What is the long-term trend for National Fuel Gas's D&A?
Over 4 years (2021 to 2025), National Fuel Gas's D&A has grown at a 8.0% compound annual growth rate (CAGR), from $335.3M to $456.59M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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