TTM
27.5%
YoY change
+18.78pp
Trough year (2015)
-21.5%
Peak year (2022)
25.9%
Latest annual
22.8%
Net Profit Margin history chart for National Fuel Gas (NFG) from 1985 to 2025
Latest: 22.8%
Net Profit Margin change chart for National Fuel Gas (NFG) from 1985 to 2025
Latest: +18.78pp
Net Profit Margin history table for National Fuel Gas (NFG) from 1985 to 2025
| 2025 | 22.8% | +18.78pp | ||
| 2024 | 4.0% | -17.95pp | ||
| 2023 | 21.9% | -3.96pp | ||
| 2022 | 25.9% | +5.03pp | ||
| 2021 | 20.9% | +28.87pp | ||
| 2020 | -8.0% | -25.97pp | ||
| 2019 | 18.0% | -6.61pp | ||
| 2018 | 24.6% | +6.64pp | ||
| 2017 | 17.9% | +37.98pp | ||
| 2016 | -20.0% | +1.51pp | ||
| 2015 | -21.5% | -35.72pp | ||
| 2014 | 14.2% | -0.04pp | ||
| 2013 | 14.2% | +0.68pp | ||
| 2012 | 13.5% | -1.00pp | ||
| 2011 | 14.5% | +1.69pp | ||
| 2010 | 12.8% | +7.92pp | ||
| 2009 | 4.9% | -6.29pp | ||
| 2008 | 11.2% | -5.35pp | ||
| 2007 | 16.5% | +10.38pp | ||
| 2006 | 6.2% | -4.02pp | ||
| 2005 | 10.2% | +1.45pp | ||
| 2004 | 8.7% | -0.58pp | ||
| 2003 | 9.3% | +1.28pp | ||
| 2002 | 8.0% | +4.86pp | ||
| 2001 | 3.2% | -5.83pp | ||
| 2000 | 9.0% | -0.10pp | ||
| 1999 | 9.1% | +7.24pp | ||
| 1998 | 1.9% | -7.20pp | ||
| 1997 | 9.1% | +0.39pp | ||
| 1996 | 8.7% | +0.89pp | ||
| 1995 | 7.8% | +0.28pp | ||
| 1994 | 7.5% | +0.13pp | ||
| 1993 | 7.4% | +0.81pp | ||
| 1992 | 6.6% | +0.89pp | ||
| 1991 | 5.7% | -0.17pp | ||
| 1990 | 5.8% | -0.29pp | ||
| 1989 | 6.1% | +0.58pp | ||
| 1988 | 5.5% | +0.67pp | ||
| 1987 | 4.9% | +0.08pp | ||
| 1986 | 4.8% | -0.04pp | ||
| 1985 | 4.8% | — |
- 202522.8%+18.78pp
- 20244.0%-17.95pp
- 202321.9%-3.96pp
- 202225.9%+5.03pp
- 202120.9%+28.87pp
- 2020-8.0%-25.97pp
- 201918.0%-6.61pp
- 201824.6%+6.64pp
- 201717.9%+37.98pp
- 2016-20.0%+1.51pp
- 2015-21.5%-35.72pp
- 201414.2%-0.04pp
- 201314.2%+0.68pp
- 201213.5%-1.00pp
- 201114.5%+1.69pp
- 201012.8%+7.92pp
- 20094.9%-6.29pp
- 200811.2%-5.35pp
- 200716.5%+10.38pp
- 20066.2%-4.02pp
- 200510.2%+1.45pp
- 20048.7%-0.58pp
- 20039.3%+1.28pp
- 20028.0%+4.86pp
- 20013.2%-5.83pp
- 20009.0%-0.10pp
- 19999.1%+7.24pp
- 19981.9%-7.20pp
- 19979.1%+0.39pp
- 19968.7%+0.89pp
- 19957.8%+0.28pp
- 19947.5%+0.13pp
- 19937.4%+0.81pp
- 19926.6%+0.89pp
- 19915.7%-0.17pp
- 19905.8%-0.29pp
- 19896.1%+0.58pp
- 19885.5%+0.67pp
- 19874.9%+0.08pp
- 19864.8%-0.04pp
- 19854.8%—
Net Profit 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 Net Profit Margin at National Fuel Gas (NFG)
According to National Fuel Gas's latest reported financial statements, the company's latest reported net margin is 27.5%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, National Fuel Gas (NFG) reported net margin of 22.77% – expanded 18.8 percentage points year-over-year.
The record annual net margin stands at 25.89%, reached in 2022; the historical low of -21.55% was recorded in 2015.
National Fuel Gas Net Profit Margin by Year
National Fuel Gas Net Profit Margin 2025: 22.8%
National Fuel Gas net margin in 2025 was 22.77%, expanded 18.8 percentage points from 2024.
National Fuel Gas Net Profit Margin 2024: 4.0%
2024's net margin for National Fuel Gas came in at 3.99%, contracted 18.0 percentage points from 2023.
National Fuel Gas Net Profit Margin 2023: 21.9%
National Fuel Gas posted net margin of 21.94% in 2023, contracted 4.0 percentage points from 2022.
National Fuel Gas Net Profit Margin 2022: 25.9%
In 2022, National Fuel Gas reported net margin of 25.89%, expanded 5.0 percentage points from 2021. This figure represents the highest annual value in the available history.
National Fuel Gas Net Profit Margin 2021: 20.9%
National Fuel Gas net margin in 2021 was 20.87%.
See more financial history for National Fuel Gas (NFG).
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