Flagship explainer
How NATIONAL FUEL GAS CO makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $2.2B | 100% |
| |
| Cost of revenue | $213M | 10% |
|
| $2.0B | 90% |
| |
| $813M | 37% |
| |
| Income before tax | $694M | 31% |
|
| Income tax | $176M | 8% |
|
| $519M | 23% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0000070145-25-000039