Skip to content
Screener

National Fuel Gas NFG Operating margin

Operating margin at other companies

EQT Corporation logo
EQT CorporationEQT
42.5%+12.9pp
Williams Companies logo
Williams CompaniesWMB
34.3%-0.2pp
Enbridge logo
EnbridgeENB
15.2%-2.2pp
Consolidated Edison logo
Consolidated EdisonED
18%+0.6pp
DT Midstream logo
DT MidstreamDTM
49.5%+0.4pp
Diversified Energy logo
Diversified EnergyDEC
32.6%+27.2pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$7.5B-4.6%
Enterprise value$9.83B-4.2%
P/E11.1×—
P/S3×-0.6×

Profitability

See full
Gross margin87.7%-2.6pp
Net margin26.9%—
FCF margin7.1%—

Returns & leverage

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

Where this comes from

Calculated from National Fuel Gas’s reported figures.

operating income/total revenue=40.3%

Based on trailing twelve months.

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

Filed
Jul 30, 2026, 11:54 AM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q3 2026
Accession
0000070145-26-000033

FAQ

What is National Fuel Gas's operating margin?
National Fuel Gas (NFG) reported operating margin of 40.3% in Q2 2026.
What is the long-term trend for National Fuel Gas's operating margin?
Over 3 years (2021 to 2025), National Fuel Gas's operating margin has grown at a -0.9% compound annual growth rate (CAGR), from 36.7% to 35.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

Ask your AI about National Fuel Gas's operating margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude