National Fuel Gas CoNFG +2.31%86 5-Year Yield-on-Cost % is 3.24 as of Jul. 07, 2026, which is 13% below its 10-year median of 3.73. GuruFocus rates NFG with a GF Score™ of 86/100 and a GF Value™ of $78.55 (Fairly Valued). The stock has 1 warning sign investors should review. Among 504 Oil & Gas companies, National Fuel Gas Co ranks worse than 65.48% on this metric.
National Fuel Gas Co's yield on cost for the quarter that ended in Mar. 2026 was 3.24.
The historical rank and industry rank for National Fuel Gas Co's 5-Year Yield-on-Cost % or its related term are showing as below:
NFG'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.64 Med: 3.73 Max: 6.1
Current: 3.24
During the past 13 years, National Fuel Gas Co's highest Yield on Cost was 6.10. The lowest was 2.64. And the median was 3.73.
NFG's 5-Year Yield-on-Cost % is ranked worse than 65.48% of 504
companies
in the Oil & Gas industry
Industry Median: 5.31
vs NFG: 3.24
National Fuel Gas Co (NYSE:NFG) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
National Fuel Gas Co 5-Year Yield-on-Cost % Related Terms
NFG vs DEC, UNTC, SLNG: 5-Year Yield-on-Cost % Comparison
For the Oil & Gas Integrated subindustry, National Fuel Gas Co's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, National Fuel Gas Co's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where National Fuel Gas Co's 5-Year Yield-on-Cost % falls into.
National Fuel Gas Co 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
National Fuel Gas Co (NFG) has a 5-Year Yield-on-Cost % of 3.24 as of Jul. 07, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on National Fuel Gas Co and its competitors. This is 13% below median its historical median of 3.73. Over the past decade, National Fuel Gas Co's 5-Year Yield-on-Cost % has ranged from 2.64 to 6.10. According to the industry distribution chart, National Fuel Gas Co ranks #330 out of 504 companies in the Oil & Gas industry, placing it in the top 65.5%.
Is National Fuel Gas Co's 5-Year Yield-on-Cost % too high?
National Fuel Gas Co's current 5-Year Yield-on-Cost % of 3.24 is 13% below median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 6.10. The Oil & Gas industry median 5-Year Yield-on-Cost % is 5.31. National Fuel Gas Co's value of 3.24 is 39% below this industry median. Based on the distribution chart, National Fuel Gas Co ranks #330 out of 504 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, National Fuel Gas Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Fuel Gas Co's 5-Year Yield-on-Cost % compare to DEC and UNTC?
According to the Oil & Gas industry distribution chart, National Fuel Gas Co ranks #330 out of 504 companies for 5-Year Yield-on-Cost %. This places National Fuel Gas Co in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 5.31. National Fuel Gas Co's value of 3.24 is 39% below this benchmark. Historically, National Fuel Gas Co's own 5-Year Yield-on-Cost % has ranged from 2.64 to 6.10 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 5.31, National Fuel Gas Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for an Oil & Gas company?
The median 5-Year Yield-on-Cost % among Oil & Gas companies is 5.31, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Fuel Gas Co's current 5-Year Yield-on-Cost % of 3.24 is 39% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on National Fuel Gas Co and its competitors. For the Oil & Gas industry, the median 5-Year Yield-on-Cost % is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Fuel Gas Co's current 5-Year Yield-on-Cost % is 3.24, which is 13% below median its own 10-year median of 3.73. 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 $78.55, compared to a current price of $80.04 — trading 1.9% above its estimated fair value. The current 5-Year Yield-on-Cost % is 3.24, which is 13% below median its 10-year median of 3.73 and 39% below the Oil & Gas industry median of 5.31. National Fuel Gas Co's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For National Fuel Gas Co (NFG), the current 5-Year Yield-on-Cost % is 3.24 as of Jul. 07, 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 $80.04 is trading 1.9% above its estimated GF Value™ of $78.55.
GuruFocus considers National Fuel Gas Co to be Fairly Valued.
Key valuation signals for NFG:
5-Year Yield-on-Cost %: 3.24 (13% below median its 10-year median of 3.73)
GF Value™: $78.55 vs. price of $80.04 (1.9% above fair value)
Industry Position: 39% below the Oil & Gas median (#330 of 504)
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 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.
86GF Score
Get the complete analysis for NFG
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NFG has been successfully added to your 