National Fuel Gas Company (NFG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, National Fuel Gas Company (NFG) has a cash flow conversion efficiency ratio of 0.100x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($382.36 Million) by net assets ($3.82 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how many days can National Fuel Gas Company fund operations to measure how many days the company can operate on defensive assets alone.
National Fuel Gas Company - Cash Flow Conversion Efficiency Trend (1994–2025)
This chart illustrates how National Fuel Gas Company's cash flow conversion efficiency has evolved over time, based on yearly financial data.
National Fuel Gas Company Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of National Fuel Gas Company ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
The Phoenix Mills Limited
NSE:PHOENIXLTD
|
0.086x |
|
STORA ENSO R ADR 1
F:ENUS
|
0.025x |
|
Eva Airways Corp
TW:2618
|
0.179x |
|
Air Lease Corporation
NYSE:AL
|
0.049x |
|
Beijing Huafeng Test & Control Technology Co Ltd
SHG:688200
|
0.020x |
|
Clearwater Analytics Holdings Inc
NYSE:CWAN
|
0.009x |
|
UGI Corporation
NYSE:UGI
|
0.122x |
|
Telekom Malaysia Bhd
KLSE:4863
|
0.023x |
Annual Cash Flow Conversion Efficiency for National Fuel Gas Company (1994–2025)
The table below shows the annual cash flow conversion efficiency of National Fuel Gas Company from 1994 to 2025. For the full company profile with market capitalisation and key ratios, see NFG market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | $3.09 Billion | $1.10 Billion | 0.355x | -5.02% |
| 2024-09-30 | $2.85 Billion | $1.07 Billion | 0.374x | -10.35% |
| 2023-09-30 | $2.96 Billion | $1.24 Billion | 0.417x | +6.86% |
| 2022-09-30 | $2.08 Billion | $812.52 Million | 0.391x | -11.85% |
| 2021-09-30 | $1.79 Billion | $791.55 Million | 0.443x | +17.96% |
| 2020-09-30 | $1.97 Billion | $740.81 Million | 0.376x | +15.71% |
| 2019-09-30 | $2.14 Billion | $694.48 Million | 0.325x | +2.23% |
| 2018-09-30 | $1.94 Billion | $615.30 Million | 0.318x | -20.95% |
| 2017-09-30 | $1.70 Billion | $684.51 Million | 0.402x | +4.16% |
| 2016-09-30 | $1.53 Billion | $588.98 Million | 0.386x | -8.48% |
| 2015-09-30 | $2.03 Billion | $853.58 Million | 0.421x | +11.72% |
| 2014-09-30 | $2.41 Billion | $909.39 Million | 0.377x | +12.10% |
| 2013-09-30 | $2.19 Billion | $738.57 Million | 0.337x | -0.18% |
| 2012-09-30 | $1.96 Billion | $660.79 Million | 0.337x | -6.02% |
| 2011-09-30 | $1.89 Billion | $678.68 Million | 0.359x | +36.25% |
| 2010-09-30 | $1.75 Billion | $459.69 Million | 0.263x | -31.34% |
| 2009-09-30 | $1.59 Billion | $609.43 Million | 0.383x | +27.38% |
| 2008-09-30 | $1.60 Billion | $482.78 Million | 0.301x | +24.50% |
| 2007-09-30 | $1.63 Billion | $394.20 Million | 0.242x | -25.95% |
| 2006-09-30 | $1.44 Billion | $471.40 Million | 0.327x | +26.53% |
| 2005-09-30 | $1.23 Billion | $317.35 Million | 0.258x | -23.45% |
| 2004-09-30 | $1.30 Billion | $437.15 Million | 0.337x | +20.77% |
| 2003-09-30 | $1.17 Billion | $326.84 Million | 0.279x | -16.33% |
| 2002-09-30 | $1.04 Billion | $345.55 Million | 0.334x | -17.39% |
| 2001-09-30 | $1.03 Billion | $414.14 Million | 0.404x | +68.92% |
| 2000-09-30 | $996.33 Million | $238.25 Million | 0.239x | -14.97% |
| 1999-09-30 | $966.90 Million | $271.90 Million | 0.281x | +1.77% |
| 1998-09-30 | $915.60 Million | $253.00 Million | 0.276x | -14.33% |
| 1997-09-30 | $913.70 Million | $294.70 Million | 0.323x | +63.85% |
| 1996-09-30 | $856.00 Million | $168.50 Million | 0.197x | -9.00% |
| 1995-09-30 | $802.10 Million | $173.50 Million | 0.216x | -15.27% |
| 1994-09-30 | $780.30 Million | $199.20 Million | 0.255x | -- |
About National Fuel Gas Company
National Fuel Gas Company operates as a diversified energy company. It operates through Integrated Upstream and Gathering, Pipeline and Storage, and Utility segments. The Integrated Upstream and Gathering segment explores for, develops, and produces natural gas and oil. It also builds, owns, and operates gathering facilities in the Appalachian region, as well as provides gathering services to Sen… Read more