Company / Cost of Revenue
National Fuel Gas Cost of Revenue History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$213.4M
FY2025
5-year range
$150.1M / $392.1M
FY2021-FY2025
Trend
+42.2%
vs FY2024
Sector context
#13 of 15
Utilities
What the data says
National Fuel Gas's cost of revenue of $213M is lower than 87% of companies in the Utilities sector (FY2025). Cost of Revenue returned to growth in FY2025 after 2 years of decline, reaching $213M.
Based on SEC 10-K filings.
$213M in FY2025 with a 5-year CAGR of -8.8%.
Increased from $172M to $213M over the past 2 years.
Utilities sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- -18.3%
- 5-Year CAGR
- -8.8%
- 10-Year CAGR
- -
Sector benchmark
Top 13% in UtilitiesTop 13% of 15This company $213.4M Sector average $8.4B
▼
-97.5% below sector average
Key checks
Key Insights
- 5-year CAGR of -8.8%, indicating a declining trend.
- In FY2025, cost of revenue increased 42.2% year-over-year.
- Ranks #13 out of 15 companies in the Utilities sector.
- Peak cost of revenue was recorded in FY2022.
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 | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $213.4M | +42.2% |
| FY2024 | $150.1M | -12.7% |
| FY2023 | $171.8M | -56.2% |
| FY2022 | $392.1M | +1.5% |
| FY2021 | $386.3M | +14.3% |
| FY2020 | $337.8M | -12.5% |
| FY2019 | $386.3M | +14.3% |
| FY2018 | $337.8M | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026