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National Fuel Gas NFG Return on assets

Return on assets at other companies

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EQT CorporationEQT
8.1%+6.9pp
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4.3%-1.2pp
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3.1%0.0pp
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Consolidated EdisonED
3%+0.2pp
DT Midstream logo
DT MidstreamDTM
4.6%+0.7pp
Enterprise Products Partners logo
Enterprise Products PartnersEPD
7.6%-0.4pp

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

Calculated from National Fuel Gas’s reported figures.

Based on trailing twelve months.

The official record: National Fuel Gas’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is National Fuel Gas's return on assets?
National Fuel Gas (NFG) reported return on assets of 7.8% in Q1 2026.
What is the long-term trend for National Fuel Gas's return on assets?
Over 4 years (2020 to 2025), National Fuel Gas's return on assets has grown at a 34.8% compound annual growth rate (CAGR), from -1.8% to 6.1%.
What does return on assets mean?
Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.