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National Fuel Gas NFG Unbilled Revenue

Unbilled Revenue at other companies

New Jersey Resources logo
New Jersey ResourcesNJR
$79.01M+7.3%
OGS
ONE GASOGS
$89.5M+3.8%
Essential Utilities logo
Essential UtilitiesWTRG
$131.22M+13.1%

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:UnbilledReceivablesCurrent.

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
Line itemJune 30,2026September 30,2025
Current Assets
Cash and Temporary Cash Investments1,235,17843,166
Receivables – Net of Allowance for Uncollectible Accounts of $23,611 and $17,099, Respectively227,913180,801
Unbilled Revenue16,91616,219
Gas Stored Underground12,83833,468
Materials and Supplies - at average cost51,23250,545
Unrecovered Purchased Gas Costs2,1365,769
Other Current Assets67,66080,759

Item 1. Financial Statements (Unaudited)

FAQ

What is National Fuel Gas's unbilled revenue?
National Fuel Gas (NFG) reported unbilled revenue of $16.92M in Q2 2026.
How has National Fuel Gas's unbilled revenue changed year-over-year?
National Fuel Gas's unbilled revenue increased by 10.2% year-over-year, from $15.35M to $16.92M.
What is the long-term trend for National Fuel Gas's unbilled revenue?
Over 4 years (2021 to 2025), National Fuel Gas's unbilled revenue has grown at a -1.2% compound annual growth rate (CAGR), from $17M to $16.22M.
What does unbilled revenue mean?
Represents revenue recognized for services provided or goods delivered that have not yet been invoiced to the customer. This metric is critical for assessing the timing of cash inflows and the efficiency of the billing cycle in utility and energy operations.

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