National Fuel Gas Operating Margin 2012-2026 | NFG

Current and historical operating margin for National Fuel Gas (NFG) over the last 10 years. The current operating profit margin for National Fuel Gas as of June 30, 2026 is 27.43%.
Unlock Macrotrends Premium
40 years of data
Faster, ad-free pages
Unlimited data exports
Full-width charts
National Fuel Gas Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2026-06-30 $2.51B $1.01B 40.27%
2026-03-31 $2.51B $1.03B 41.19%
2025-12-31 $2.38B $1.00B 42.14%
2025-09-30 $2.28B $0.81B 35.70%
2025-06-30 $2.18B $0.44B 19.97%
2025-03-31 $2.07B $0.16B 7.50%
2024-12-31 $1.97B $0.09B 4.52%
2024-09-30 $1.94B $0.21B 10.80%
2024-06-30 $1.94B $0.53B 27.41%
2024-03-31 $1.95B $0.74B 37.74%
2023-12-31 $2.04B $0.71B 34.66%
2023-09-30 $2.17B $0.75B 34.68%
2023-06-30 $2.24B $0.81B 36.03%
2023-03-31 $2.31B $0.83B 36.04%
2022-12-31 $2.30B $0.86B 37.36%
2022-09-30 $2.19B $0.82B 37.27%
2022-06-30 $2.11B $0.77B 36.48%
2022-03-31 $2.00B $0.74B 36.92%
2021-12-31 $1.85B $0.71B 38.20%
2021-09-30 $1.74B $0.64B 36.74%
2021-06-30 $1.67B $0.33B 19.95%
2021-03-31 $1.60B $0.26B 16.47%
2020-12-31 $1.54B $0.03B 1.62%
2020-09-30 $1.55B $0.03B 1.88%
2020-06-30 $1.55B $0.29B 18.50%
2020-03-31 $1.59B $0.32B 20.19%
2019-12-31 $1.65B $0.50B 30.24%
2019-09-30 $1.69B $0.51B 30.24%
2019-06-30 $1.69B $0.51B 30.37%
2019-03-31 $1.68B $0.51B 30.69%
2018-12-31 $1.66B $0.53B 32.05%
2018-09-30 $1.59B $0.52B 32.64%
2018-06-30 $1.59B $0.56B 35.39%
2018-03-31 $1.60B $0.57B 35.84%
2017-12-31 $1.58B $0.57B 36.14%
2017-09-30 $1.58B $0.59B 37.53%
2017-06-30 $1.59B $0.55B 34.45%
2017-03-31 $1.57B $0.47B 29.75%
2016-12-31 $1.50B $0.06B 4.07%
2016-09-30 $1.45B $-0.42B -28.72%
2016-06-30 $1.46B $-0.83B -56.47%
2016-03-31 $1.47B $-1.36B -92.76%
2015-12-31 $1.61B $-1.08B -66.87%
2015-09-30 $1.76B $-0.61B -34.70%
2015-06-30 $1.83B $-0.18B -9.96%
2015-03-31 $1.93B $0.43B 22.52%
2014-12-31 $2.09B $0.57B 27.31%
2014-09-30 $2.11B $0.57B 26.98%
2014-06-30 $2.09B $0.57B 27.10%
2014-03-31 $2.09B $0.57B 27.10%
2013-12-31 $1.93B $0.55B 28.44%
2013-09-30 $1.83B $0.52B 28.31%
2013-06-30 $1.80B $0.53B 29.27%
2013-03-31 $1.69B $0.49B 29.00%
2012-12-31 $1.65B $0.46B 27.93%
2012-09-30 $1.63B $0.45B 27.49%
2012-06-30 $1.60B $0.42B 25.95%
2012-03-31 $1.65B $0.42B 25.44%
2011-12-31 $1.76B $0.44B 25.11%
2011-09-30 $1.78B $0.44B 24.79%
2011-06-30 $1.78B $0.44B 24.73%
2011-03-31 $1.75B $0.43B 24.80%
2010-12-31 $1.76B $0.43B 24.59%
2010-09-30 $1.76B $0.44B 25.06%
2010-06-30 $1.75B $0.44B 24.96%
2010-03-31 $1.76B $0.43B 24.63%
2009-12-31 $1.90B $0.42B 22.12%
2009-09-30 $2.05B $0.41B 19.98%
2009-06-30 $2.17B $0.42B 19.24%
2009-03-31 $2.35B $0.44B 18.78%
2008-12-31 $2.44B $0.47B 19.47%
2008-09-30 $2.40B $0.48B 20.20%
2008-06-30 $2.30B $0.48B 20.88%
2008-03-31 $2.21B $0.45B 20.59%
2007-12-31 $2.12B $0.43B 20.12%
2007-09-30 $2.04B $0.40B 19.46%
2007-06-30 $1.96B $0.36B 18.32%
2007-03-31 $1.93B $0.35B 17.96%
2006-12-31 $2.02B $0.34B 16.99%
2006-09-30 $2.24B $0.36B 15.90%
2006-06-30 $2.24B $0.33B 14.86%
2006-03-31 $2.23B $0.33B 14.60%
2005-12-31 $2.07B $0.31B 14.82%
2005-09-30 $1.86B $0.29B 15.54%
2005-06-30 $1.81B $0.29B 15.89%
2005-03-31 $1.81B $0.30B 16.52%
2004-12-31 $1.88B $0.33B 17.43%
2004-09-30 $1.91B $0.33B 17.34%
2004-06-30 $1.92B $0.33B 17.28%
2004-03-31 $1.97B $0.32B 16.46%
2003-12-31 $1.98B $0.33B 16.81%
2003-09-30 $1.92B $0.34B 17.48%
2003-06-30 $1.98B $0.35B 17.74%
2003-03-31 $1.88B $0.36B 18.90%
2002-12-31 $1.55B $0.32B 20.75%
2002-09-30 $1.46B $0.30B 20.77%
2002-06-30 $1.47B $0.31B 20.80%
2002-03-31 $1.51B $0.32B 21.14%
2001-12-31 $1.90B $0.35B 18.56%
2001-09-30 $2.06B $0.38B 18.40%
2001-06-30 $2.06B $0.38B 18.42%
2001-03-31 $1.95B $0.34B 17.22%
2000-12-31 $1.60B $0.31B 19.46%
2000-09-30 $1.43B $0.30B 20.70%
2000-06-30 $1.37B $0.29B 21.21%
2000-03-31 $1.34B $0.29B 21.57%
1999-12-31 $1.30B $0.27B 21.08%
1999-09-30 $1.26B $0.26B 20.35%
1999-06-30 $1.24B $0.25B 19.77%
1999-03-31 $1.24B $0.25B 20.45%
1998-12-31 $1.22B $0.24B 19.56%
1998-09-30 $1.25B $0.24B 18.99%
1998-06-30 $1.23B $0.24B 19.12%
1998-03-31 $1.24B $0.24B 18.98%
1997-12-31 $1.27B $0.24B 18.60%
1997-09-30 $1.27B $0.24B 18.72%
1997-06-30 $1.27B $0.24B 18.93%
1997-03-31 $1.26B $0.23B 18.56%
1996-12-31 $1.25B $0.23B 18.50%
1996-09-30 $1.21B $0.22B 18.48%
1996-06-30 $1.17B $0.21B 17.51%
1996-03-31 $1.13B $0.19B 16.98%
1995-12-31 $1.01B $0.17B 16.90%
1995-09-30 $0.98B $0.17B 17.23%
1995-06-30 $0.99B $0.18B 18.15%
1995-03-31 $1.02B $0.18B 17.73%
1994-12-31 $1.11B $0.18B 16.40%
1994-09-30 $1.14B $0.17B 15.25%
1994-06-30 $1.15B $0.18B 15.40%
1994-03-31 $1.12B $0.17B 15.12%
1993-12-31 $1.04B $0.17B 16.04%
1993-09-30 $1.02B $0.16B 16.00%
1993-06-30 $1.00B $0.15B 15.08%
1993-03-31 $0.99B $0.15B 15.10%
1992-12-31 $0.94B $0.15B 15.39%
1992-09-30 $0.92B $0.15B 15.98%
1992-06-30 $0.91B $0.14B 15.66%
1992-03-31 $0.88B $0.14B 15.52%
1991-12-31 $0.88B $0.13B 14.63%
1991-09-30 $0.87B $0.12B 13.97%
1991-06-30 $0.87B $0.13B 15.42%
1991-03-31 $0.88B $0.14B 15.51%
1990-12-31 $0.86B $0.13B 14.58%
1990-09-30 $0.89B $0.13B 14.46%
1990-06-30 $0.89B $0.12B 13.47%
1990-03-31 $0.88B $0.12B 13.57%
1989-12-31 $0.90B $0.13B 14.75%
1989-09-30 $0.86B $0.12B 14.50%
1989-06-30 $0.83B $0.12B 14.46%
1989-03-31 $0.82B $0.12B 14.09%
1988-12-31 $0.80B $0.11B 13.41%
1988-09-30 $0.77B $0.10B 12.74%
1988-06-30 $0.76B $0.09B 12.22%
1988-03-31 $0.76B $0.10B 13.34%
1987-12-31 $0.73B $0.10B 12.94%
1987-09-30 $0.74B $0.10B 12.89%
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - US Integrated $7.672B $2.278B
National Fuel Gas Company is an integrated energy company, which has natural gas assets located in the prolific Appalachian basin and oil-producing assets in California. The company operates through the following segments, namely Exploration and Production and Other, Pipeline and Storage and Gathering, and Utility and Energy Marketing. The company operates an integrated business, with assets centered in Western New York and Pennsylvania that are utilized for the production and transportation of natural gas from the Appalachian basin. The current development activities are focused primarily in the Marcellus and Utica shales. The integrated business model enables the company to adjust to the changing commodity price environment. National Fuel Gas Company's presence across the natural gas value chain through Upstream, Midstream and Downstream activities gives it a competitive advantage and allows it to lower operating costs.
Stock Name Country Market Cap PE Ratio
ConocoPhillips (COP) United States $164.187B 17.61
Occidental Petroleum (OXY) United States $61.758B 14.01
DT Midstream (DTM) United States $12.977B 27.84
Antero Midstream (AM) United States $10.262B 25.74
LandBridge LLC (LB) United States $6.663B 76.50
Cactus (WHD) United States $5.375B 22.73
Calumet (CLMT) United States $4.971B 0.00
Tidewater (TDW) United States $4.407B 62.82
Atlas Energy Solutions (AESI) United States $1.643B 0.00
Sable Offshore (SOC) United States $0.925B 0.00
SandRidge Energy (SD) United States $0.536B 7.54
Presidio Production (FTW) United States $0.309B 0.00
Berry (BRY) United States $0.253B 13.04
Epsilon Energy (EPSN) United States $0.190B 20.90
Prairie Operating (PROP) United States $0.048B 1.06
Sky Quarry (SKYQ) United States $0.028B 0.00
PermRock Royalty Trust (PRT) United States $0.026B 9.17