Gross Profit for National Fuel Gas (NFG)
According to National Fuel Gas's latest reported financial statements, the company's current gross profit (TTM) is $1.22B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
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TTM (last 4 quarters)
$1.22B
YoY change
+84.2%
5Y CAGR
+21.6%
Peak year (2025)
$1.51B
Cumulative gross profit
$26.09B
Gross Profit history chart for National Fuel Gas (NFG) from 1985 to 2025
Gross Profit history table for National Fuel Gas (NFG) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $1.51B | +84.2% | ||
| 2024 | $817.70M | -3.6% | ||
| 2023 | $847.85M | -6.1% | ||
| 2022 | $902.96M | +18.9% | ||
| 2021 | $759.72M | +33.8% | ||
| 2020 | $567.70M | -5.5% | ||
| 2019 | $600.70M | -0.6% | ||
| 2018 | $604.12M | -11.0% | ||
| 2017 | $678.77M | +10.6% | ||
| 2016 | $613.50M | +1.4% | ||
| 2015 | $604.77M | -8.4% | ||
| 2014 | $660.38M | +10.0% | ||
| 2013 | $600.27M | +11.5% | ||
| 2012 | $538.34M | +2.9% | ||
| 2011 | $523.06M | -52.5% | ||
| 2010 | $1.10B | +4.5% | ||
| 2009 | $1.05B | -9.5% | ||
| 2008 | $1.17B | +14.1% | ||
| 2007 | $1.02B | +5.1% | ||
| 2006 | $972.11M | +7.9% | ||
| 2005 | $900.95M | -6.0% | ||
| 2004 | $958.52M | +0.1% | ||
| 2003 | $958.01M | +0.7% | ||
| 2002 | $951.00M | -5.1% | ||
| 2001 | $1.00B | +15.3% | ||
| 2000 | $869.14M | +8.4% | ||
| 1999 | $801.57M | +4.3% | ||
| 1998 | $768.70M | +4.5% | ||
| 1997 | $735.70M | +0.7% | ||
| 1996 | $730.40M | +17.0% | ||
| 1995 | $624.40M | -3.0% | ||
| 1994 | $643.60M | — | ||
| 1993 | $0 | — | ||
| 1992 | $0 | — | ||
| 1991 | $0 | — | ||
| 1990 | $0 | — | ||
| 1989 | $0 | — | ||
| 1988 | $0 | — | ||
| 1987 | $0 | — | ||
| 1986 | $0 | — | ||
| 1985 | $0 | — |
Gross Profit values are taken from National Fuel Gas's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
National Fuel Gas (NFG) most recent annual gross profit stands at $1.51B (2025) – surged 84.2% year-over-year.
Looking at the 2020–2025 (5 years) stretch, National Fuel Gas gross profit compounded at +21.6% per year, with the latest reading among the more recent periods of the dataset.
2025 marks the peak gross profit at $1.51B, with the historical low of $0 recorded in 1985.
Within Energy, National Fuel Gas (NFG) ranks 9th among 8 peers we track. The peer median for gross profit is $14.92B.
National Fuel Gas Gross Profit by Year
National Fuel Gas Gross Profit 2025: $1.51B
National Fuel Gas gross profit in 2025 was $1.51B, surged 84.2% from 2024. This figure represents the highest annual value in the available history.
National Fuel Gas Gross Profit 2024: $817.70M
National Fuel Gas gross profit in 2024 was $817.70M, edged down 3.6% below 2023.
National Fuel Gas Gross Profit 2023: $847.85M
National Fuel Gas gross profit in 2023 was $847.85M, declined 6.1% below 2022.
National Fuel Gas Gross Profit 2022: $902.96M
National Fuel Gas gross profit in 2022 was $902.96M, grew 18.9% from 2021.
National Fuel Gas Gross Profit 2021: $759.72M
National Fuel Gas gross profit in 2021 was $759.72M.
See more financial history for National Fuel Gas (NFG).
Sector peers — Gross Profit
Companies in the same sector as National Fuel Gas, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $70.23B | Energy |
| Chevron Corporation (CVX) | $56.09B | Energy |
| Enbridge Inc. (ENB) | $21.50B | Energy |
| EOG Resources, Inc. (EOG) | $15.37B | Energy |
| ConocoPhillips (COP) | $14.46B | Energy |
| SLB N.V. (SLB) | $6.50B | Energy |
| Valero Energy Corporation (VLO) | $5.37B | Energy |
| The Williams Companies, Inc. (WMB) | $5.12B | Energy |
Frequently asked questions
What is National Fuel Gas's gross profit?
- Latest reported gross profit for National Fuel Gas (NFG) is $1.22B (period ending December 31, 2025).
How has National Fuel Gas gross profit changed year-over-year?
- National Fuel Gas (NFG) gross profit changed +84.2% year-over-year on the latest annual filing.
What is the long-term growth rate of National Fuel Gas gross profit?
- National Fuel Gas (NFG) gross profit compound annual growth rate is +21.6% over the most recent 5 years available.
When did National Fuel Gas gross profit hit its highest annual value?
- National Fuel Gas gross profit reached its highest annual value of $1.51B in 2025.
What was National Fuel Gas gross profit in 2024?
- National Fuel Gas (NFG) gross profit in 2024 was $817.70M.
What was National Fuel Gas gross profit in 2025?
- National Fuel Gas (NFG) gross profit in 2025 was $1.51B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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