Ticker League

EBITDA Margin for National Fuel Gas (NFG)

As of · Reported

Metric

TTM

61.3%

YoY change

+22.25pp

Trough year (2015)

-14.9%

Peak year (1985)

100.0%

EBITDA Margin history chart for National Fuel Gas (NFG) from 1985 to 2025

Latest: 57.4%

EBITDA Margin change chart for National Fuel Gas (NFG) from 1985 to 2025

Latest: +22.25pp

EBITDA Margin history table for National Fuel Gas (NFG) from 1985 to 2025

  • 202557.4%+22.25pp
  • 202435.1%-19.30pp
  • 202354.4%+0.31pp
  • 202254.1%-0.98pp
  • 202155.1%+34.51pp
  • 202020.6%-25.01pp
  • 201945.6%-0.85pp
  • 201846.4%-3.46pp
  • 201749.9%+60.43pp
  • 2016-10.5%+4.39pp
  • 2015-14.9%-60.70pp
  • 201445.8%-0.89pp
  • 201346.7%+1.88pp
  • 201244.8%+3.88pp
  • 201140.9%+4.42pp
  • 201036.5%+16.17pp
  • 200920.3%-8.08pp
  • 200828.4%+0.57pp
  • 200727.8%+3.92pp
  • 200623.9%-1.75pp
  • 200525.6%-1.75pp
  • 200427.4%-3.72pp
  • 200331.1%-0.95pp
  • 200232.1%+13.92pp
  • 200118.1%-13.01pp
  • 200031.1%+0.54pp
  • 199930.6%+12.42pp
  • 199818.2%-9.37pp
  • 199727.5%+0.90pp
  • 199626.6%+2.03pp
  • 199524.6%+2.85pp
  • 199421.8%-78.24pp
  • 1993100.0%0.00pp
  • 1992100.0%0.00pp
  • 1991100.0%0.00pp
  • 1990100.0%0.00pp
  • 1989100.0%0.00pp
  • 1988100.0%0.00pp
  • 1987100.0%0.00pp
  • 1986100.0%0.00pp
  • 1985100.0%—

EBITDA Margin values are taken from National Fuel Gas's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at National Fuel Gas (NFG)

According to National Fuel Gas's latest reported financial statements, the company's latest reported EBITDA margin is 61.3%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of National Fuel Gas (NFG) EBITDA margin is 57.36% – expanded 22.2 percentage points year-over-year.

The highest annual EBITDA margin of 100.00% was reported in 1985. The lowest in the available history was -14.93% in 2015.

National Fuel Gas EBITDA Margin by Year

National Fuel Gas EBITDA Margin 2025: 57.4%

National Fuel Gas posted EBITDA margin of 57.36% in 2025, expanded 22.2 percentage points from 2024.

National Fuel Gas EBITDA Margin 2024: 35.1%

In 2024, National Fuel Gas reported EBITDA margin of 35.12%, contracted 19.3 percentage points from 2023.

National Fuel Gas EBITDA Margin 2023: 54.4%

National Fuel Gas EBITDA margin in 2023 was 54.42%, expanded 0.3 percentage points from 2022.

National Fuel Gas EBITDA Margin 2022: 54.1%

2022's EBITDA margin for National Fuel Gas came in at 54.11%, contracted 1.0 percentage points from 2021.

National Fuel Gas EBITDA Margin 2021: 55.1%

National Fuel Gas EBITDA margin in 2021 was 55.09%.

See more financial history for National Fuel Gas (NFG).

Sector peers by EBITDA Margin

Energy peers of National Fuel Gas (NFG), ranked by their latest EBITDA margin

Frequently asked questions

National Fuel Gas (NFG) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview