NFG (National Fuel Gas Co) Pre-Tax Income: $905 Mil (TTM As of Jun. 2026)

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NFG National Fuel Gas Co NFG
85 GF Score
Price $83.32
GF Value $79.84
Valuation Fairly Valued
! 2 Warning Signs
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What is National Fuel Gas Co Pre-Tax Income?

National Fuel Gas Co NFG -0.25% 85 Pre-Tax Income is $905 Mil as of Jun. 2026. GuruFocus rates NFG with a GF Score™ of 85/100 and a GF Value™ of $79.84 (Fairly Valued). The stock has 2 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. National Fuel Gas Co's pretax income for the three months ended in Jun. 2026 was $185 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $905 Mil. National Fuel Gas Co's pretax margin was 34.38%.

During the past 13 years, National Fuel Gas Co's highest Pretax Margin was 36.02%. The lowest was -36.04%. And the median was 25.78%.


National Fuel Gas Co  (NYSE:NFG) Pre-Tax Income Explanation

National Fuel Gas Co's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=184.794/537.497
=34.38%

During the past 13 years, National Fuel Gas Co's highest Pretax Margin was 36.02%. The lowest was -36.04%. And the median was 25.78%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Fuel Gas Co Pre-Tax Income Related Terms


National Fuel Gas Co Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for National Fuel Gas Co's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

National Fuel Gas Co Pre-Tax Income Chart

National Fuel Gas Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 478.33 682.65 641.40 87.26 694.05

National Fuel Gas Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 200.90 149.26 240.98 330.40 184.79

NFG vs DEC, SLNG, SKYQ: Pre-Tax Income Comparison

For the Oil & Gas Integrated subindustry, National Fuel Gas Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Fuel Gas Co Pre-Tax Income vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Fuel Gas Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where National Fuel Gas Co's Pre-Tax Income falls into.


NFG
85GF Score
National Fuel Gas Co NFG
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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National Fuel Gas Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

National Fuel Gas Co's Pretax Income for the fiscal year that ended in Sep. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=955.261+-105.374+-155.834+0+1.1368683772162E-13
=694

National Fuel Gas Co's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=208.94+11.866+-36.012+0+2.8421709430404E-14
=185

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $905 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $905 Mil mean?
National Fuel Gas Co (NFG) has a Pre-Tax Income of $905 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on National Fuel Gas Co and its competitors.
Is National Fuel Gas Co's Pre-Tax Income too high?
National Fuel Gas Co's current Pre-Tax Income is $905 Mil. Overall, National Fuel Gas Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Fuel Gas Co's Pre-Tax Income compare to DEC and SLNG?
National Fuel Gas Co's Pre-Tax Income of $905 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Oil & Gas company?
A good Pre-Tax Income depends on the Oil & Gas industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on National Fuel Gas Co and its competitors. National Fuel Gas Co's current Pre-Tax Income is $905 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Fuel Gas Co stock overvalued right now?
Based on GuruFocus' analysis, National Fuel Gas Co (NFG) is currently considered Fairly Valued. The stock's GF Value™ is $79.84, compared to a current price of $83.32 — trading 4.4% above its estimated fair value. The current Pre-Tax Income is $905 Mil. National Fuel Gas Co's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For National Fuel Gas Co (NFG), the current Pre-Tax Income is $905 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Fuel Gas Co (NFG) Overvalued in 2026?

Based on GuruFocus' analysis, National Fuel Gas Co stock appears to be overvalued. The current stock price of $83.32 is trading 4.4% above its estimated GF Value™ of $79.84. GuruFocus considers National Fuel Gas Co to be Fairly Valued.

Key valuation signals for NFG:

  • Pre-Tax Income: $905 Mil
  • GF Value™: $79.84 vs. price of $83.32 (4.4% above fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the NFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Fuel Gas Co Business Description

Industry EnergyOil & Gas
Other Exchanges NFG:MexicoNFG:Germany
Address 6363 Main Street, Williamsville, NY, USA, 14221
National Fuel Gas Co is a diversified energy company involved in natural gas production, gathering, transportation, distribution, and marketing. It operates through three segments: Integrated Upstream and Gathering, Pipeline and Storage, and Utility. The majority of revenue comes from the Integrated Upstream and Gathering segment, which focuses on Seneca's natural gas exploration and development in the Appalachian region and Midstream operations supporting gas processing and gathering. The Pipeline and Storage segment transports and stores natural gas for customers in the northeastern United States and Canada, while the Utility segment supplies natural gas to retail customers in western New York and northwestern Pennsylvania. the company opeartes in United States.
85GF Score

Get the complete analysis for NFG

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$83.32
Price
$79.84
GF Value