National Fuel Gas Company (NFG)
NYSE: NFG · Real-Time Price · USD
83.18
-0.76 (-0.91%)
Aug 21, 2026, 12:33 PM EDT - Market open

National Fuel Gas Company Cash Flow Statement

Millions USD. Fiscal year is Oct - Sep.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Net Income
675.28518.577.51476.87566.02363.65
Depreciation & Amortization
481.95456.59457.03409.57369.79335.3
Loss (Gain) on Sale of Assets
-----12.74-51.07
Asset Writedown
-141.8519.13--76.15
Stock-Based Compensation
18.8319.7522.0820.6319.5117.07
Change in Accounts Receivable
-6.5-54.5234.37213.58-168.77-61.41
Change in Inventory
-0.24-1.381.74-8.413.11-2.01
Change in Accounts Payable
11.0412.795.62-37.111.9131.35
Change in Unearned Revenue
--2.19-1.63-5.118.891.9
Change in Other Net Operating Assets
-81.28-139.92-71.68-4.02-103.06-51.98
Other Operating Activities
173.2148.621.8171.05117.87132.6
Operating Cash Flow
1,2721,1001,0661,237812.52791.55
Operating Cash Flow Growth
20.00%3.20%-13.83%52.25%2.65%6.85%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Capital Expenditures
-1,050-912.82-931.24-1,135-811.83-751.73
Sale of Property, Plant & Equipment
----254.44104.58
Other Investing Activities
22.0721.12-2.6722.2838.6813.94
Investing Cash Flow
-1,028-891.7-933.91-1,112-518.7-633.22

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Short-Term Debt Issued
-59.5-477.5-128.5
Long-Term Debt Issued
-988.73299.36297.31-495.27
Total Debt Issued
1,5411,048299.36774.81-623.77
Short-Term Debt Repaid
---196.8-250-98.5-
Long-Term Debt Repaid
--1,004--549--515.72
Total Debt Repaid
-722.24-1,004-196.8-799-98.5-515.72
Net Debt Issued (Repaid)
818.4544.14102.56-24.19-98.5108.05
Issuance of Common Stock
338.4-----
Repurchase of Common Stock
-6.96-59.09-68.04-6.71-9.59-3.7
Common Dividends Paid
-198.37-188.44-183.8-176.1-168.15-163.09
Financing Cash Flow
951.52-203.38-149.28-207-276.24-58.74

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Net Cash Flow
1,1964.94-17.23-82.2717.5899.6

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Free Cash Flow
222.27187.21134.73102.450.739.82
Free Cash Flow Growth
19.58%38.95%31.50%14640.86%-98.26%-
Free Cash Flow Margin
8.84%8.22%6.93%4.71%0.03%2.28%
Free Cash Flow Per Share
2.372.051.461.110.010.43
Levered Free Cash Flow
-24.773.83-48.07-760.6414.02361.68
Unlevered Free Cash Flow
68.09101.2238.61-678.2295.49453.16

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Cash Interest Paid
159.36159.36125.13124.44124.31135.14
Cash Income Tax Paid
48.8848.884.1338.116.686.37
Change in Working Capital
-76.98-185.22-31.59158.96-247.93-82.15
SEC Filings: 10-K · 10-Q