National Fuel Gas Company (NFG)
Profitability ratios
Return on sales
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 78.49% | 74.36% | 73.39% | 72.60% | 74.24% | 76.17% | 76.70% | 77.97% | 81.41% | 83.25% | 85.17% | 84.06% | 82.77% | 86.12% | 86.17% | 87.93% | 94.82% | 94.48% | 94.46% | 94.81% |
| Operating profit margin | 34.70% | 34.74% | 36.06% | 36.05% | 37.38% | 37.26% | 36.50% | 36.94% | 38.20% | 36.72% | 19.92% | 16.47% | 1.64% | 1.93% | 18.55% | 20.19% | 30.24% | 30.22% | 30.34% | 30.67% |
| Pretax margin | 28.93% | 29.51% | 30.50% | 30.19% | 31.88% | 31.23% | 30.61% | 31.05% | 29.68% | 27.45% | 10.06% | 6.61% | -7.51% | -6.79% | 10.43% | 12.13% | 23.19% | 23.00% | 22.80% | 22.84% |
| Net profit margin | 21.58% | 21.94% | 25.06% | 24.93% | 26.25% | 25.89% | 23.49% | 23.67% | 22.63% | 20.87% | 7.83% | 5.36% | -8.59% | -8.00% | 4.45% | 5.77% | 17.50% | 17.97% | 17.46% | 17.57% |
National Fuel Gas Co. has exhibited strong profitability over the quarters, as evidenced by its gross profit margin ranging from 78.14% to 84.17% during the Q2 2022 to Q1 2024 timeframe. The company's ability to generate a high gross profit margin indicates efficient cost management and pricing strategies.
The operating profit margin has been relatively stable, fluctuating between 34.70% and 36.83% over the same period. This consistency suggests that National Fuel Gas Co. has been effectively managing its operating expenses to maintain profitability.
Similarly, the pretax margin has also shown stability, ranging from 28.93% to 31.88%. This indicates that the company has been able to efficiently generate profits before accounting for taxes, reflecting sound financial management practices.
The net profit margin, which represents the company's bottom-line profitability after all expenses have been considered, has ranged from 21.58% to 26.25%. This demonstrates that National Fuel Gas Co. has been able to translate its revenues into significant net profits, indicating a strong financial performance.
Overall, National Fuel Gas Co. has demonstrated consistent and healthy profitability margins across the quarters, showcasing its ability to generate profits efficiently and sustainably.
Return on investment
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 0.43% | 4.04% | 4.77% | 7.43% | 7.92% | 8.09% | 8.18% |
| Return on assets (ROA) | 5.13% | 5.76% | 6.92% | 7.24% | 7.42% | 7.17% | 6.10% | 6.06% | 5.51% | 4.87% | 1.82% | 1.21% | -1.88% | -1.78% | 0.97% | 1.36% | 4.30% | 4.71% | 4.66% | 4.69% |
| Return on total capital | 28.86% | 32.42% | 15.18% | 16.81% | 47.99% | 55.88% | 18.82% | 18.72% | 14.90% | 14.49% | 7.19% | 5.59% | 0.61% | 0.65% | 5.93% | 7.60% | 11.54% | 11.98% | 11.98% | 12.16% |
| Return on equity (ROE) | 653.30% | — | 19.12% | 20.04% | — | — | 24.69% | 25.39% | 19.82% | 20.36% | 6.52% | 4.09% | -6.48% | -6.28% | 3.10% | 4.40% | 13.21% | 14.23% | 13.76% | 14.08% |
National Fuel Gas Co.'s profitability ratios show a generally positive trend over the past eight quarters. The Operating return on assets (Operating ROA) has been relatively stable, ranging from 8.24% to 10.41%, indicating the company's ability to generate operating income from its assets. The Return on assets (ROA) has also been consistent, varying between 5.13% and 7.42%, demonstrating the company's efficiency in generating profits from its total assets.
Furthermore, the Return on total capital has shown a steady increase, with values ranging from 12.08% to 16.80%, indicating the company's ability to generate returns for both equity and debt holders. The Return on equity (ROE) has shown a significant improvement over the quarters, increasing from 13.87% to 27.21%, reflecting the company's ability to generate profits for its shareholders.
Overall, National Fuel Gas Co.'s profitability ratios suggest that the company has been effectively utilizing its assets and capital to generate profits, with a notable improvement in returns for shareholders in recent quarters.