National Fuel Gas Company (NFG) quarterly cash flow statement — complete operating, investing & financing history
National Fuel Gas Company (NFG) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Cash from Operations | 237.55M | 377.26M | 382.36M | 274.92M | 237.75M | 388.41M | 253.78M | 220.09M | 197.95M | 281.75M | 315.32M | 270.94M | 181.96M | 343.9M | 383.87M | 327.34M | 158.5M | 228.4M | 254.14M | 171.48M |
| Operating CF Margin % | 50.78% | 70.19% | 44.54% | 42.2% | 52.09% | 73.03% | 34.77% | 40.05% | 53.2% | 67.5% | 50.06% | 51.57% | 49.32% | 80.22% | 53.52% | 49.68% | 36.43% | 45.44% | 36.22% | 31.38% |
| Operating CF Growth % | -0.08% | -2.87% | 50.66% | 24.91% | 20.11% | 37.85% | -19.52% | -18.77% | 8.78% | -18.07% | -17.86% | -17.23% | 14.8% | 50.57% | 51.05% | 90.89% | 32.37% | -10.32% | 19.66% | -16.24% |
| Net Income | 97.51M | 138.62M | 247.67M | 181.65M | 107.34M | 149.82M | 216.36M | 44.99M | -167.62M | -54.16M | 166.27M | 133.02M | 73.68M | 92.62M | 140.88M | 169.69M | 158.14M | 108.16M | 167.33M | 132.39M |
| Depreciation & Amortization | 121.68M | 121.06M | 119.33M | 122.03M | 119.54M | 116.41M | 111.28M | 109.37M | 108.85M | 113.45M | 118.94M | 0 | 0 | 102.41M | 100.96M | 88.58M | 94.11M | 0 | 91.25M | 0 |
| Stock-Based Compensation | 5.64M | 766K | 9.94M | 4.09M | 4.03M | 5.23M | 5.78M | 4.71M | 6.1M | 5.51M | 5.82M | 4.66M | 4.82M | 4.52M | 5.71M | 5.58M | 0 | 4.55M | 5.14M | 5.49M |
| Deferred Taxes | 20.32M | 20.64M | 34.02M | 34.28M | 60.52M | 34.97M | 31.17M | -5.38M | -49.82M | -17.98M | 26.82M | 38.36M | 50.31M | 20.35M | 27.29M | 53.46M | -16.73M | 26.94M | 50.09M | 44.12M |
| Other Non-Cash Items | 6.56M | -9.77M | 2.52M | 7.7M | 5.64M | 4.98M | 9.56M | 148.95M | 324.3M | 207.36M | 3.83M | 123.83M | 112.61M | 5.88M | 6.68M | 12.1M | 8.78M | 96.16M | -8.71M | 93.25M |
| Working Capital Changes | -14.16M | 105.94M | -31.12M | -74.82M | -59.32M | 77M | -120.36M | -82.54M | -23.86M | 27.56M | -6.37M | -28.93M | -59.45M | 118.12M | 102.35M | -2.06M | -85.8M | -7.4M | -50.96M | -103.77M |
| Change in Receivables | 24.86M | 146.46M | -7.89M | -138.56M | 40.73M | 102.3M | -82.39M | -115.17M | 29.12M | 55.38M | 8.34M | -58.46M | 21.25M | 131.57M | 101.28M | 0 | 26.06M | -28.25M | -67.9M | -98.69M |
| Change in Inventory | -23.14M | -33.19M | 18.02M | 15.17M | -23.05M | -8.4M | 14.12M | 10.18M | -17.24M | -6.69M | 18.76M | 6.92M | -20.16M | -9.49M | 15.62M | 5.62M | -87.96M | -7.9M | 14.93M | 17.11M |
| Change in Payables | 18.53M | -13.47M | -7.45M | 20.92M | -12.27M | -25.7M | -575K | 9.57M | -528K | -7.84M | 28K | -2.34M | 51.87M | -3.61M | -32.58M | -10.89M | -7.22M | 14.12M | 16.28M | -10.89M |
| Cash from Investing | -319.22M | -256.47M | -218.86M | -278.89M | -273.74M | -192.59M | -190.83M | -234.55M | -248.33M | -202.42M | -235.29M | -247.86M | -283.25M | -344.45M | -275.81M | -208.84M | -224.18M | 63.68M | -188.49M | -169.71M |
| Capital Expenditures | -326.32M | -266.25M | -220.64M | -277.63M | -285.5M | -193.06M | -193.83M | -240.43M | -247.04M | -202.24M | -235.02M | -246.94M | -282.13M | -218.68M | -275.59M | -233.47M | -219.34M | -177.07M | -201.92M | -213.49M |
| CapEx % of Revenue | 69.75% | 49.53% | 25.7% | 42.61% | 62.56% | 36.3% | 26.55% | 43.76% | 66.4% | 48.45% | 37.31% | 47% | 76.47% | 51.01% | 38.42% | 35.44% | 50.41% | 35.23% | 28.78% | 39.06% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 240.91M | 13.53M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 7.1M | 9.78M | 1.78M | -1.25M | 11.77M | 471K | 3M | 5.88M | -1.3M | -182K | -269K | -920K | -1.12M | -125.77M | -224K | 14.64M | -4.84M | -161K | -92K | 13.78M |
| Cash from Financing | 326.2M | 1.09B | -408.3M | 232.2M | 39.83M | -247.81M | -20.34M | 24.93M | 7.2M | -48.69M | -70.94M | -36.85M | 103.32M | -17.57M | -282.6M | -10.15M | -383.65M | 140.03M | 10.23M | -42.85M |
| Debt Issued (Net) | 379.35M | 1.14B | -348.7M | -60.2M | 88.7M | -197.19M | 43.33M | 109.3M | 90.66M | 20.5M | -21.1M | 12.5M | 148.77M | 26.03M | -239M | 40M | -340M | 182M | 52M | 7.5M |
| Equity Issued (Net) | -404K | 338.38M | 338.34M | 340.75M | -524K | -4.07M | -17M | -37.49M | -36.28M | -23.62M | -4.25M | -3.9M | -13K | -2K | 0 | -6.69M | -203K | -361K | -167K | -8.86M |
| Dividends Paid | -52.74M | -50.84M | -50.83M | -48.35M | -48.34M | -46.55M | -46.67M | -46.87M | -47.19M | -45.56M | -45.6M | -45.45M | -45.44M | -43.6M | -43.6M | -43.45M | -43.45M | -41.61M | -41.6M | -41.49M |
| Share Repurchases | -404K | -14K | -65K | -6.36M | -524K | -4.07M | -17M | -37.49M | -36.28M | -23.62M | -4.25M | -3.9M | -13K | -2K | 0 | -6.69M | -203K | -361K | -167K | -8.86M |
| Other Financing | 0 | -338.4M | -347.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 244.52M | 1.21B | -244.8M | 228.23M | 3.85M | -51.99M | 42.61M | 10.47M | -43.19M | 30.64M | 9.08M | -13.76M | 2.03M | -18.12M | -174.54M | 108.36M | -449.33M | 432.11M | 75.87M | -41.07M |
| Free Cash Flow | -88.77M | 111.01M | 161.72M | -2.71M | -47.75M | 195.35M | 59.95M | -20.34M | -49.09M | 79.51M | 80.3M | 24.01M | -100.17M | 125.23M | 108.28M | 93.87M | -60.83M | 51.33M | 52.21M | -42.01M |
| FCF Margin % | -18.97% | 20.65% | 18.84% | -0.42% | -10.46% | 36.73% | 8.21% | -3.7% | -13.19% | 19.05% | 12.75% | 4.57% | -27.15% | 29.21% | 15.1% | 14.25% | -13.98% | 10.21% | 7.44% | -7.69% |
| FCF Growth % | -85.89% | -43.17% | 169.77% | 86.68% | 2.72% | 145.69% | -25.34% | -184.72% | 50.99% | -36.51% | -25.84% | -74.43% | -64.66% | 143.99% | 107.39% | 323.45% | 48.97% | -36.45% | -8.12% | -295.91% |
| FCF per Share | -0.93 | 1.18 | 1.69 | -0.03 | -0.52 | 2.14 | 0.66 | -0.22 | -0.54 | 0.87 | 0.87 | 0.26 | -1.08 | 1.36 | 1.17 | 1.02 | -0.66 | 0.56 | 0.57 | -0.46 |
| FCF Conversion (FCF/Net Income) | 2.44x | 2.72x | 1.54x | 1.51x | 2.21x | 2.59x | 1.17x | 4.89x | -1.18x | -5.20x | 1.90x | 2.04x | 2.47x | 3.71x | 2.72x | 1.93x | 1.00x | 2.11x | 1.52x | 1.30x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |