Company / Return on Equity (ROE)
National Fuel Gas Return on Equity (ROE) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
16.8%
FY2025
5-year range
12.3% / 17.0%
FY2021-FY2025
Trend
-
vs FY2024
Sector context
#8 of 68
Utilities
What the data says
National Fuel Gas's return on equity (roe) of 16.8% is higher than 88% of companies in the Utilities sector (FY2025). Return on Equity (ROE) returned to growth in FY2025 after 2 years of decline, reaching 16.8%.
Based on SEC 10-K filings.
16.8% in FY2025 with a 5-year CAGR of -3.1%. Top quartile in the Utilities sector.
Remained stable around 16.8% over the past 4 years.
Utilities sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -
- 5-Year Change
- -3.1pp
- 10-Year Change
- -
Sector benchmark
Top 12% in UtilitiesTop 12% of 68This company 16.8% Sector average 3.5%
▼
+373.2% above sector average
Key checks
Key Insights
- Currently 13.2pp above the Utilities sector average.
- Peak return on equity (roe) was recorded in FY2018.
- Lowest return on equity (roe) in the period was in FY2016.
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 | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | 16.8% | - |
| FY2024 | - | - |
| FY2023 | 12.3% | - |
| FY2022 | - | - |
| FY2021 | 17.0% | -14.2% |
| FY2020 | 19.9% | +39.5% |
| FY2019 | 14.2% | -29.6% |
| FY2018 | 20.2% | +21.5% |
| FY2017 | 16.6% | +187.3% |
| FY2016 | -19.1% | -1.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026