National Fuel Gas Cash Flow Statement
NYSE: NFGUtilitiesOil/Gas TransmissionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
National Fuel Gas free cash flow
In fiscal 2025, National Fuel Gas generated $1.10 billion of operating cash flow and spent $912.8 million on capital expenditures. That left free cash flow of $187.2 million, a free-cash-flow margin of 8.2% of revenue. Free cash flow was up 39.0% from the prior year's $134.7 million.
National Fuel Gas returned $242.9 million to shareholders: $188.4 million in dividends and $54.4 million in share repurchases, equal to 130% of free cash flow. Free cash flow covered dividend payments 1.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
National Fuel Gas cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-09-30 | FY 20242024-09-30 | FY 20232023-09-30 | FY 20222022-09-30 | FY 20212021-09-30 | FY 20202020-09-30 | FY 20192019-09-30 | FY 20182018-09-30 | FY 20172017-09-30 | FY 20162016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 518.50M | 77.51M | 476.87M | 566.02M | 363.65M | -123.77M | 304.29M | 391.52M | 283.48M | -290.96M |
| Net Income growth (YoY) | +568.93% | -83.75% | -15.75% | +55.65% | — | -140.68% | -22.28% | +38.11% | — | — |
| Depreciation & Amortization | 456.59M | 457.03M | 409.57M | 369.79M | 335.30M | 306.16M | 275.66M | 240.96M | 224.19M | 249.42M |
| Stock-Based Compensation | 19.75M | 22.08M | 20.63M | 19.51M | 17.07M | 14.93M | 21.19M | 15.76M | 12.26M | 5.75M |
| Change in Working Capital | -111.87M | 16.24M | 136.94M | -171.61M | -65.85M | -9.23M | -12.01M | -25.32M | 11.69M | -62.15M |
| Operating Cash Flow | 1.10B | 1.07B | 1.24B | 812.52M | 791.55M | 740.81M | 694.48M | 615.30M | 684.51M | 588.98M |
| Capital Expenditures | -912.82M | -931.24M | -1.01B | -811.83M | -751.73M | -716.15M | -788.94M | -584.00M | -450.33M | -581.58M |
| Investing Cash Flow | -891.70M | -933.90M | -1.11B | -518.70M | -633.22M | -1.22B | -799.17M | -528.89M | -422.56M | -453.50M |
| Dividends Paid | -188.44M | -183.80M | -176.10M | -168.15M | -163.09M | -153.32M | -147.42M | -143.26M | -139.06M | -134.82M |
| Share Repurchases | -54.43M | -64.09M | 0 | 0 | -3.70M | — | -8.88M | — | — | — |
| Debt Issued | 988.73M | 299.36M | 297.31M | 0 | 495.27M | 493.01M | 0 | 295.02M | 295.15M | 0 |
| Debt Repaid | -1.00B | 0 | -549.00M | 0 | -515.72M | 0 | 0 | -566.51M | 0 | 0 |
| Financing Cash Flow | -203.38M | -149.28M | -207.00M | -276.24M | -58.74M | 476.09M | -101.09M | -410.64M | 163.87M | -119.11M |
| Net Change in Cash | 4.94M | -17.23M | -82.27M | 17.58M | 99.60M | -6.72M | -205.79M | -325.92M | 425.56M | 16.38M |
| Free Cash Flow | 187.21M | 134.72M | 227.21M | 695.00K | 39.82M | 24.66M | -94.45M | 31.30M | 234.17M | 7.40M |
This table shows 10 annual periods of National Fuel Gas's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow NFG's reporting calendar. What is a cash flow statement?