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National Fuel Gas NFG Pipeline and Storage — Depreciable plant

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Other financials

Income statement

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Revenue$858.4M+17.6%
Gross profit$650.5M+9.4%
Operating income$347.1M+9.4%
Net income$247.7M+14.5%
EPS (diluted)$2.59+9.3%

Balance sheet

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Cash & equivalents$26.6M-70.9%
Total debt$2.1B-17.9%
Total equity$3.8B+38.3%
Total assets$9.1B+7.6%

Cash flow

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Operating cash flow$382.4M+50.7%
CapEx$220.6M+13.8%
Free cash flow$161.7M+170%

Valuation

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Market cap$7.21B+24.5%
Enterprise value$9.31B+14.1%
P/E10.5×
P/S2.9×+0.1×

Profitability

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Gross margin87.8%-3.1pp
Operating margin41.2%
Net margin27.4%
FCF margin7.2%

Returns & leverage

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Return on equity20.8%
Debt / equity0.6×-0.4×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by National Fuel Gas in its filing.

Tagged under the XBRL concept nfg:DepreciablePlantAssets.

The official record: National Fuel Gas’s 10-K, filed November 21, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is National Fuel Gas's pipeline and storage — depreciable plant?
National Fuel Gas (NFG) reported pipeline and storage — depreciable plant of $3B in Q3 2025.
How has National Fuel Gas's pipeline and storage — depreciable plant changed year-over-year?
National Fuel Gas's pipeline and storage — depreciable plant increased by 2.9% year-over-year, from $2.92B to $3B.
What does pipeline and storage — depreciable plant mean?
This metric represents the total historical cost of tangible assets within the pipeline and storage segment that are subject to depreciation over their useful lives. It serves as a primary indicator of the capital intensity and the scale of infrastructure assets utilized to transport and store natural gas. Monitoring this balance helps investors assess the company's investment in long-lived physical assets and the potential for future depreciation expenses.