Company / Capital Expenditures
National Fuel Gas Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$912.8M
FY2025
5-year range
$751.7M / $931.2M
FY2021-FY2025
Trend
-2.0%
vs FY2024
Sector context
#36 of 60
Utilities
What the data says
At $913M, National Fuel Gas's capital expenditures ranks #36 of 60 in the Utilities sector. Capital Expenditures has fluctuated over the past 10 years, ranging from $450M in FY2017 to $931M in FY2024.
Based on SEC 10-K filings.
$913M in FY2025 with a 5-year CAGR of +9.3%.
Improved from $752M to $913M over the past 2 years.
Utilities sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +4.0%
- 5-Year CAGR
- +9.3%
- 10-Year CAGR
- -
Sector benchmark
#36 of 60 in UtilitiesTop 60% of 60This company $912.8M Sector average $3.1B
▼
-71.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +9.3%, indicating consistent growth.
- In FY2025, capital expenditures decreased 2.0% year-over-year.
- Ranks #36 out of 60 companies in the Utilities sector.
- Peak capital expenditures was recorded in FY2024.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Altman Z-Score 0.93 (distress zone, below 1.8 threshold)
- Strong profit margin: 22.8%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $912.8M | -2.0% |
| FY2024 | $931.2M | +23.9% |
| FY2023 | $751.7M | -7.4% |
| FY2022 | $811.8M | +2.9% |
| FY2021 | $788.9M | +35.1% |
| FY2020 | $584.0M | -26.0% |
| FY2019 | $788.9M | +35.1% |
| FY2018 | $584.0M | +29.7% |
| FY2017 | $450.3M | -22.6% |
| FY2016 | $581.6M | -42.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026