National Operating Income from 2010 to 2024

NFG Stock

USD 56.10 0.01 0.02%

National Fuel's Operating Income is increasing over the last several years with stable swings. Operating Income is predicted to flatten to about 365.8 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit National Fuel Gas generates from its operations. View All Fundamentals

Operating Income

First Reported

1985-09-30

Previous Quarter

207.1 M

Current Value

250.6 M

Quarterly Volatility

115.9 M

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check National Fuel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Fuel's main balance sheet or income statement drivers, such as Interest Expense of 159.3 M, Total Revenue of 1.7 B or Gross Profit of 680.4 M, as well as many indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0382 or PTB Ratio of 1.69. National financial statements analysis is a perfect complement when working with National Fuel Valuation or Volatility modules.

Check out the analysis of National Fuel Correlation against competitors.

Latest National Fuel's Operating Income Growth Pattern

Below is the plot of the Operating Income of National Fuel Gas over the last few years. Operating Income is the amount of profit realized from National Fuel Gas operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of National Fuel Gas is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. National Fuel's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Fuel's overall financial position and show how it may be relating to other accounts over time.

Operating Income

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Operating Income

Timeline

National Operating Income Regression Statistics

	Arithmetic Mean	449,790,045
	Geometric Mean	567,367,876
	Coefficient Of Variation	94.03
	Mean Deviation	268,381,574
	Median	517,838,000
	Standard Deviation	422,950,320
	Sample Variance	178887T
	Range	1.6B
	R-Value	0.18
	Mean Square Error	186344.6T
	R-Squared	0.03
	Significance	0.52
	Slope	17,106,623
	Total Sum of Squares	2504417.6T

National Operating Income History

	2024	365.8 M
	2023	679.6 M
	2022	755.1 M
	2021	814.5 M
	2020	639.9 M
	2019	461.5 M
	2018	511.8 M

Other Fundumenentals of National Fuel Gas

Non Operating Income Net Other

National Fuel Operating Income component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Intangible Assets	Good Will	Short Term Investments	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.6	-0.56	0.91	0.62	0.8	0.5	0.97	0.37	0.18	0.93	0.78	0.61	-0.72	-0.04	0.01	-0.13	0.45	0.73	0.76	-0.34	-0.41	-0.41	-0.24	0.64	-0.51	0.52
Total Stockholder Equity	0.6		-0.36	0.45	0.96	0.48	0.21	0.48	0.1	0.03	0.61	0.36	0.49	-0.73	-0.73	0.3	-0.15	0.43	0.46	0.58	-0.46	-0.61	-0.39	-0.32	0.74	-0.33	0.76
Current Deferred Revenue	-0.56	-0.36		-0.49	-0.27	-0.46	-0.03	-0.6	-0.3	0.26	-0.78	-0.52	-0.13	0.86	0.02	0.56	-0.41	-0.27	-0.5	-0.17	-0.06	-0.17	0.18	-0.03	0.05	-0.03	0.01
Net Debt	0.91	0.45	-0.49		0.44	0.79	0.55	0.95	0.33	0.09	0.85	0.92	0.42	-0.61	-0.04	0.2	-0.21	0.67	0.89	0.89	-0.42	-0.45	-0.58	-0.34	0.65	-0.65	0.55
Retained Earnings	0.62	0.96	-0.27	0.44		0.5	0.38	0.5	0.14	0.18	0.58	0.27	0.59	-0.67	-0.67	0.33	-0.3	0.35	0.36	0.56	-0.5	-0.7	-0.35	-0.38	0.72	-0.46	0.73
Accounts Payable	0.8	0.48	-0.46	0.79	0.5		0.56	0.83	0.53	0.23	0.73	0.73	0.55	-0.61	-0.13	0.06	-0.22	0.47	0.72	0.68	-0.24	-0.32	-0.44	-0.2	0.46	-0.59	0.44
Net Receivables	0.5	0.21	-0.03	0.55	0.38	0.56		0.58	0.52	0.6	0.39	0.32	0.41	-0.26	-0.05	0.35	-0.56	0.42	0.32	0.58	-0.45	-0.57	-0.32	-0.32	0.34	-0.9	0.35
Total Liab	0.97	0.48	-0.6	0.95	0.5	0.83	0.58		0.47	0.22	0.93	0.83	0.53	-0.72	0.02	-0.02	-0.19	0.5	0.78	0.77	-0.33	-0.37	-0.43	-0.21	0.54	-0.59	0.45
Total Current Assets	0.37	0.1	-0.3	0.33	0.14	0.53	0.52	0.47		0.55	0.42	0.32	0.38	-0.41	-0.02	-0.18	-0.23	0.36	0.32	0.27	-0.22	-0.14	-0.3	0.54	0.04	-0.4	0.08
Short Term Debt	0.18	0.03	0.26	0.09	0.18	0.23	0.6	0.22	0.55		0.09	-0.17	0.39	-0.02	0.01	0.14	-0.58	0.03	-0.19	0.15	-0.17	-0.35	0.05	0.14	0.17	-0.49	0.13
Common Stock	0.93	0.61	-0.78	0.85	0.58	0.73	0.39	0.93	0.42	0.09		0.77	0.48	-0.89	-0.13	-0.18	0.02	0.52	0.74	0.66	-0.3	-0.31	-0.42	-0.13	0.49	-0.38	0.45
Long Term Debt	0.78	0.36	-0.52	0.92	0.27	0.73	0.32	0.83	0.32	-0.17	0.77		0.27	-0.55	-0.04	0.12	-0.02	0.72	0.98	0.82	-0.37	-0.28	-0.62	-0.17	0.55	-0.45	0.48
Property Plant Equipment	0.61	0.49	-0.13	0.42	0.59	0.55	0.41	0.53	0.38	0.39	0.48	0.27		-0.38	-0.13	0.08	-0.47	0.18	0.25	0.39	-0.35	-0.41	-0.1	-0.09	0.51	-0.39	0.38
Intangible Assets	-0.72	-0.73	0.86	-0.61	-0.67	-0.61	-0.26	-0.72	-0.41	-0.02	-0.89	-0.55	-0.38		0.4	0.24	-0.08	-0.47	-0.59	-0.46	0.26	0.27	0.35	0.08	-0.35	0.26	-0.41
Good Will	-0.04	-0.73	0.02	-0.04	-0.67	-0.13	-0.05	0.02	-0.02	0.01	-0.13	-0.04	-0.13	0.4		-0.48	0.31	-0.4	-0.22	-0.34	0.4	0.53	0.28	0.21	-0.53	0.22	-0.75
Short Term Investments	0.01	0.3	0.56	0.2	0.33	0.06	0.35	-0.02	-0.18	0.14	-0.18	0.12	0.08	0.24	-0.48		-0.59	0.44	0.22	0.57	-0.53	-0.7	-0.44	-0.51	0.66	-0.6	0.66
Net Tangible Assets	-0.13	-0.15	-0.41	-0.21	-0.3	-0.22	-0.56	-0.19	-0.23	-0.58	0.02	-0.02	-0.47	-0.08	0.31	-0.59		-0.27	-0.08	-0.43	0.49	0.69	0.16	0.26	-0.45	0.72	-0.49
Total Permanent Equity	0.45	0.43	-0.27	0.67	0.35	0.47	0.42	0.5	0.36	0.03	0.52	0.72	0.18	-0.47	-0.4	0.44	-0.27		0.79	0.79	-0.57	-0.62	-0.86	-0.13	0.57	-0.59	0.59
Long Term Debt Total	0.73	0.46	-0.5	0.89	0.36	0.72	0.32	0.78	0.32	-0.19	0.74	0.98	0.25	-0.59	-0.22	0.22	-0.08	0.79		0.85	-0.44	-0.37	-0.68	-0.21	0.6	-0.5	0.58
Capital Surpluse	0.76	0.58	-0.17	0.89	0.56	0.68	0.58	0.77	0.27	0.15	0.66	0.82	0.39	-0.46	-0.34	0.57	-0.43	0.79	0.85		-0.63	-0.73	-0.71	-0.39	0.86	-0.76	0.81
Deferred Long Term Liab	-0.34	-0.46	-0.06	-0.42	-0.5	-0.24	-0.45	-0.33	-0.22	-0.17	-0.3	-0.37	-0.35	0.26	0.4	-0.53	0.49	-0.57	-0.44	-0.63		0.74	0.52	0.32	-0.59	0.62	-0.59
Long Term Investments	-0.41	-0.61	-0.17	-0.45	-0.7	-0.32	-0.57	-0.37	-0.14	-0.35	-0.31	-0.28	-0.41	0.27	0.53	-0.7	0.69	-0.62	-0.37	-0.73	0.74		0.63	0.38	-0.76	0.75	-0.75
Short Long Term Debt	-0.41	-0.39	0.18	-0.58	-0.35	-0.44	-0.32	-0.43	-0.3	0.05	-0.42	-0.62	-0.1	0.35	0.28	-0.44	0.16	-0.86	-0.68	-0.71	0.52	0.63		0.06	-0.5	0.52	-0.49
Cash And Equivalents	-0.24	-0.32	-0.03	-0.34	-0.38	-0.2	-0.32	-0.21	0.54	0.14	-0.13	-0.17	-0.09	0.08	0.21	-0.51	0.26	-0.13	-0.21	-0.39	0.32	0.38	0.06		-0.4	0.46	-0.39
Net Invested Capital	0.64	0.74	0.05	0.65	0.72	0.46	0.34	0.54	0.04	0.17	0.49	0.55	0.51	-0.35	-0.53	0.66	-0.45	0.57	0.6	0.86	-0.59	-0.76	-0.5	-0.4		-0.54	0.92
Net Working Capital	-0.51	-0.33	-0.03	-0.65	-0.46	-0.59	-0.9	-0.59	-0.4	-0.49	-0.38	-0.45	-0.39	0.26	0.22	-0.6	0.72	-0.59	-0.5	-0.76	0.62	0.75	0.52	0.46	-0.54		-0.55
Capital Stock	0.52	0.76	0.01	0.55	0.73	0.44	0.35	0.45	0.08	0.13	0.45	0.48	0.38	-0.41	-0.75	0.66	-0.49	0.59	0.58	0.81	-0.59	-0.75	-0.49	-0.39	0.92	-0.55

Click cells to compare fundamentals

About National Fuel Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include National Fuel income statement, its balance sheet, and the statement of cash flows. National Fuel investors use historical funamental indicators, such as National Fuel's Operating Income, to determine how well the company is positioned to perform in the future. Although National Fuel investors may use each financial statement separately, they are all related. The changes in National Fuel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on National Fuel's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on National Fuel Financial Statements. Understanding these patterns can help to make the right decision on long term investment in National Fuel. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Operating Income	679.6 M	365.8 M
Non Operating Income Net Other	-1.4 M	-1.3 M

Currently Active Assets on Macroaxis

V	Visa Class A
V	Visa Class A
GM	General Motors
GM	General Motors
GOOG	Alphabet Inc Class C

Additional Information and Resources on Investing in National Stock

When determining whether National Fuel Gas is a strong investment it is important to analyze National Fuel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Fuel's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:

How To Invest In National

Details

Is National Stock a good investment?

Details

What is National Fuel's Net Worth?

Details

Largest Gas Utilities Companies

View

Largest Oil & Gas Integrated Companies

View

Check out the analysis of National Fuel Correlation against competitors.

You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Gas Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Fuel. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Fuel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.176

Dividend Share

1.98

Earnings Share

5.04

Revenue Per Share

21.248

Quarterly Revenue Growth

(0.12)

The market value of National Fuel Gas is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Fuel's value that differs from its market value or its book value, called intrinsic value, which is National Fuel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Fuel's market value can be influenced by many factors that don't directly affect National Fuel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between National Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Fuel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

National Operating Income from 2010 to 2024

Latest National Fuel's Operating Income Growth Pattern

National Operating Income Regression Statistics

National Operating Income History

Other Fundumenentals of National Fuel Gas

National Fuel Operating Income component correlations

About National Fuel Financial Statements

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in National Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY