National Fuel Gas Company (NFG)
Operating return on assets (Operating ROA)
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 813,460 | 437,125 | 155,433 | 88,804 | 209,723 | 531,596 | 737,132 | 707,886 | 755,146 | 807,638 | 834,239 | 859,228 | 814,517 | 768,995 | 738,368 | 706,041 | 639,924 | 333,673 | 264,000 | 25,381 |
| Total assets | US$ in thousands | 8,719,100 | 8,446,160 | 8,479,960 | 8,301,450 | 8,319,770 | 8,481,040 | 8,677,020 | 8,587,490 | 8,280,260 | 8,106,630 | 7,967,240 | 8,134,910 | 7,896,260 | 8,112,090 | 7,805,020 | 7,589,670 | 7,464,820 | 7,208,680 | 7,115,650 | 7,039,170 |
| Operating ROA | 9.33% | 5.18% | 1.83% | 1.07% | 2.52% | 6.27% | 8.50% | 8.24% | 9.12% | 9.96% | 10.47% | 10.56% | 10.32% | 9.48% | 9.46% | 9.30% | 8.57% | 4.63% | 3.71% | 0.36% |
September 30, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $813,460K ÷ $8,719,100K
= 9.33%