Company / Operating Income
National Fuel Gas Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$813.5M
FY2025
5-year range
$209.7M / $814.5M
FY2021-FY2025
Trend
+287.9%
vs FY2024
Sector context
#38 of 71
Utilities
What the data says
Operating Income changed +288% YoY in FY2025, a notable deviation from the 9-year average annual change of +54%.
Based on SEC 10-K filings.
$813M in FY2025 with a 5-year CAGR of +9.4%.
Improved from $640M to $813M over the past 2 years.
Utilities sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -0.0%
- 5-Year CAGR
- +9.4%
- 10-Year CAGR
- -
Sector benchmark
#38 of 71 in UtilitiesTop 54% of 71This company $813.5M Sector average $2.0B
▼
-58.7% below sector average
Key checks
Key Insights
- 5-year CAGR of +9.4%, indicating consistent growth.
- In FY2025, operating income increased 287.9% year-over-year.
- Ranks #38 out of 71 companies in the Utilities sector.
- Peak operating income 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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $813.5M | +287.9% |
| FY2024 | $209.7M | -67.2% |
| FY2023 | $639.9M | -21.4% |
| FY2022 | $814.5M | +59.1% |
| FY2021 | $511.8M | -1.5% |
| FY2020 | $519.7M | +1.5% |
| FY2019 | $511.8M | -1.5% |
| FY2018 | $519.7M | -12.5% |
| FY2017 | $593.8M | +242.6% |
| FY2016 | -$416.5M | +31.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026