National Historical Income Statement
NFG Stock | USD 52.01 0.03 0.06% |
Historical analysis of National Fuel income statement accounts such as Operating Income of 365.8 M can show how well National Fuel Gas performed in making a profits. Evaluating National Fuel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of National Fuel's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining National Fuel Gas latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether National Fuel Gas is a good buy for the upcoming year.
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About National Income Statement Analysis
National Fuel Gas Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to National Fuel shareholders. The income statement also shows National investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
National Fuel Income Statement Chart
National Fuel Gas Income Statement is one of the three primary financial statements used for reporting National's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of National Fuel Gas revenue and expense. National Fuel Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, National Fuel's Income Tax Expense is most likely to increase significantly in the upcoming years. The National Fuel's current Income Before Tax is estimated to increase to about 774.5 M, while Gross Profit is projected to decrease to roughly 680.4 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts National Fuel Gas generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of National Fuel Gas minus its cost of goods sold. It is profit before National Fuel operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of National Fuel Gas. It is also known as National Fuel overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from National Fuel's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into National Fuel Gas current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Fuel Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. At this time, National Fuel's Income Tax Expense is most likely to increase significantly in the upcoming years. The National Fuel's current Income Before Tax is estimated to increase to about 774.5 M, while Gross Profit is projected to decrease to roughly 680.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 903.0M | 847.8M | 763.1M | 680.4M | Total Revenue | 2.2B | 2.2B | 2.5B | 1.7B |
National Fuel income statement Correlations
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National Fuel Account Relationship Matchups
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National Fuel income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 117.1M | 146.4M | 130.4M | 131.9M | 151.7M | 159.3M | |
Total Revenue | 1.5B | 1.7B | 2.2B | 2.2B | 2.5B | 1.7B | |
Gross Profit | 567.7M | 759.7M | 903.0M | 847.8M | 763.1M | 680.4M | |
Operating Income | 461.5M | 639.9M | 814.5M | 755.1M | 679.6M | 365.8M | |
Ebit | 461.5M | 639.9M | 814.5M | 773.3M | 696.0M | 410.0M | |
Ebitda | 767.6M | 985.1M | 1.2B | 1.2B | 1.4B | 745.5M | |
Net Income | (123.8M) | 363.6M | 566.0M | 476.9M | 548.4M | 575.8M | |
Income Tax Expense | 18.7M | 114.7M | 116.6M | 164.5M | 189.2M | 198.7M | |
Depreciation And Amortization | 306.2M | 345.2M | 355.5M | 409.6M | 471.0M | 236.2M | |
Other Operating Expenses | 1.1B | 1.1B | 1.4B | 1.4B | 1.6B | 1.4B | |
Cost Of Revenue | 978.6M | 982.9M | 1.3B | 1.3B | 1.5B | 971.6M | |
Total Operating Expenses | 88.4M | 94.7M | 101.2M | 92.7M | 83.4M | 79.3M | |
Income Before Tax | (105.0M) | 478.3M | 682.7M | 641.4M | 737.6M | 774.5M | |
Total Other Income Expense Net | (566.5M) | (161.6M) | (131.9M) | 18.1M | 16.3M | 17.1M | |
Net Income Applicable To Common Shares | (123.8M) | 363.6M | 566.0M | 476.9M | 548.4M | 575.8M | |
Selling And Marketing Expenses | 861.0M | 728.3M | 667.5M | 941.8M | 1.1B | 878.4M | |
Selling General Administrative | 519.6M | 88.4M | 43.6M | 101.2M | 91.1M | 86.5M | |
Net Income From Continuing Ops | (123.8M) | 363.6M | 566.0M | 476.9M | 548.4M | 575.8M | |
Non Operating Income Net Other | (15.5M) | (17.8M) | (15.2M) | (1.5M) | (1.4M) | (1.3M) | |
Tax Provision | 18.7M | 114.7M | 116.6M | 164.5M | 189.2M | 198.7M | |
Interest Income | 117.1M | 146.4M | 130.4M | 131.9M | 151.7M | 90.8M | |
Net Interest Income | (117.1M) | (146.4M) | (130.4M) | (131.9M) | (118.7M) | (124.6M) | |
Reconciled Depreciation | 306.2M | 335.3M | 369.8M | 409.6M | 471.0M | 339.7M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Fuel Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the National Fuel Gas information on this page should be used as a complementary analysis to other National Fuel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for National Stock analysis
When running National Fuel's price analysis, check to measure National Fuel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Fuel is operating at the current time. Most of National Fuel's value examination focuses on studying past and present price action to predict the probability of National Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Fuel's price. Additionally, you may evaluate how the addition of National Fuel to your portfolios can decrease your overall portfolio volatility.
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Is National Fuel's industry 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 (0.22) | Dividend Share 1.96 | Earnings Share 4.77 | Revenue Per Share 22.218 | Quarterly Revenue Growth (0.20) |
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.