National Fuel Gas Company Free Cash Flow Generation Index
National Fuel Gas Company free cash flow generation index. National Fuel Gas Company (NFG) has a Free Cash Flow Generation Index of 0.29x as of June 2026. Free cash flow of $111.01 Million represents 0% of operating cash flow ($377.26 Million). Check National Fuel Gas Company asset resilience ratio to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of National Fuel Gas Company (1994–2025)
Free cash flow generation index of National Fuel Gas Company from 1994 to 2025. Historical FCF Generation Index trend for National Fuel Gas Company across 32 annual periods. Explore National Fuel Gas Company (NFG) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
National Fuel Gas Company Free Cash Flow Generation Index by Year (1994–2025)
National Fuel Gas Company free cash flow generation index by year from 1994 to 2025. Year-by-year Free Cash Flow Generation Index for National Fuel Gas Company. For the full cash flow conversion analysis, see National Fuel Gas Company cash conversion from operations.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.17x | $187.21 Million | $1.10 Billion | $912.82 Million | ▲ +34.7% |
| 2024 | 0.13x | $134.72 Million | $1.07 Billion | $931.24 Million | ▼ -31.2% |
| 2023 | 0.18x | $227.21 Million | $1.24 Billion | $1.01 Billion | ▲ +21372.1% |
| 2022 | 0.00x | $695.00K | $812.52 Million | $811.83 Million | ▼ -98.3% |
| 2021 | 0.05x | $39.82 Million | $791.55 Million | $751.73 Million | ▲ +107.7% |
| 2020 | -0.65x | $-481.60 Million | $740.81 Million | $1.22 Billion | ▼ -378.0% |
| 2019 | -0.14x | $-94.45 Million | $694.48 Million | $788.94 Million | ▼ -367.4% |
| 2018 | 0.05x | $31.30 Million | $615.30 Million | $584.00 Million | ▼ -85.1% |
| 2017 | 0.34x | $234.17 Million | $684.51 Million | $450.33 Million | ▲ +2621.8% |
| 2016 | 0.01x | $7.40 Million | $588.98 Million | $581.58 Million | ▲ +106.5% |
| 2015 | -0.19x | $-164.60 Million | $853.58 Million | $1.02 Billion | ▼ -3388.4% |
| 2014 | -0.01x | $-5.03 Million | $909.39 Million | $914.42 Million | ▼ -111.6% |
| 2013 | 0.05x | $35.11 Million | $738.57 Million | $703.46 Million | ▲ +108.4% |
| 2012 | -0.57x | $-376.00 Million | $660.79 Million | $1.04 Billion | ▼ -140.9% |
| 2011 | -0.24x | $-160.33 Million | $678.68 Million | $837.61 Million | ▼ -2862.5% |
| 2010 | 0.01x | $3.93 Million | $459.69 Million | $455.76 Million | ▼ -98.3% |
| 2009 | 0.49x | $299.50 Million | $609.43 Million | $309.93 Million | ▲ +179.0% |
| 2008 | 0.18x | $85.04 Million | $482.78 Million | $397.73 Million | ▼ -40.9% |
| 2007 | 0.30x | $117.47 Million | $394.20 Million | $276.73 Million | ▼ -20.7% |
| 2006 | 0.38x | $177.24 Million | $471.40 Million | $294.16 Million | ▲ +22.0% |
| 2005 | 0.31x | $97.82 Million | $317.35 Million | $219.53 Million | ▼ -49.1% |
| 2004 | 0.61x | $264.81 Million | $437.15 Million | $172.34 Million | ▲ +13.4% |
| 2003 | 0.53x | $174.59 Million | $326.84 Million | $152.25 Million | ▲ +63.1% |
| 2002 | 0.33x | $113.18 Million | $345.55 Million | $232.37 Million | ▲ +11.7% |
| 2001 | 0.29x | $121.44 Million | $414.14 Million | $292.71 Million | ▲ +324.4% |
| 2000 | -0.13x | $-31.12 Million | $238.25 Million | $269.37 Million | ▼ -411.6% |
| 1999 | 0.04x | $11.40 Million | $271.90 Million | $260.50 Million | ▲ +107.6% |
| 1998 | -0.55x | $-140.20 Million | $253.00 Million | $393.20 Million | ▼ -302.4% |
| 1997 | 0.27x | $80.70 Million | $294.70 Million | $214.00 Million | ▲ +1588.4% |
| 1996 | -0.02x | $-3.10 Million | $168.50 Million | $171.60 Million | ▲ +65.7% |
| 1995 | -0.05x | $-9.30 Million | $173.50 Million | $182.80 Million | ▼ -116.7% |
| 1994 | 0.32x | $64.10 Million | $199.20 Million | $135.10 Million | — |