National Fuel Gas Company (NFG)

Pretax margin

Sep 30, 2025 Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021
Earnings before tax but after interest (EBT) US$ in thousands 694,053 87,255 641,399 682,650 478,329
Revenue US$ in thousands 2,277,540 1,944,810 2,173,770 2,186,050 1,742,660
Pretax margin 30.47% 4.49% 29.51% 31.23% 27.45%

September 30, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $694,053K ÷ $2,277,540K
= 30.47%