Company / Free Cash Flow
National Fuel Gas Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$187.2M
FY2025
5-year range
-$94.5M / $187.2M
FY2021-FY2025
Trend
+39.0%
vs FY2024
Sector context
#14 of 60
Utilities
What the data says
National Fuel Gas's free cash flow of $187M is higher than 77% of companies in the Utilities sector (FY2025). Free Cash Flow has increased for 4 consecutive years, from -$94M in FY2021 to $187M in FY2025.
Based on SEC 10-K filings.
$187M in FY2025 with a 5-year CAGR of +43.0%. Top quartile in the Utilities sector.
Improved from $40M to $187M over the past 2 years.
Utilities sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- +545.8%
- 5-Year CAGR
- +43.0%
- 10-Year CAGR
- -
Sector benchmark
Top 23% in UtilitiesTop 23% of 60This company $187.2M Sector average -$543.6M
▼
+134.4% above sector average
Key checks
Key Insights
- National Fuel Gas's free cash flow has grown for 4 consecutive years.
- 5-year CAGR of +43.0%, indicating consistent growth.
- In FY2025, free cash flow increased 39.0% year-over-year.
- Ranks #14 out of 60 companies in the Utilities sector.
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 | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $187.2M | +39.0% |
| FY2024 | $134.7M | +238.3% |
| FY2023 | $39.8M | +5629.4% |
| FY2022 | $695.0K | +100.7% |
| FY2021 | -$94.5M | -401.8% |
| FY2020 | $31.3M | +133.1% |
| FY2019 | -$94.5M | -401.8% |
| FY2018 | $31.3M | -86.6% |
| FY2017 | $234.2M | +3063.2% |
| FY2016 | $7.4M | +104.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026