National Fuel Gas Company (NFG) — Net Asset Momentum
National Fuel Gas Company (NFG) recorded a net asset momentum of 8.6% as of September 2025, with net assets of $3.09 Billion USD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See operational self-sufficiency of National Fuel Gas Company to measure how many days the company can operate on defensive assets alone.
YoY Momentum
Current Net Assets
Years of Data
Country
National Fuel Gas Company Net Asset Momentum (1994–2025)
This chart tracks National Fuel Gas Company's year-over-year net asset growth across 32 annual reporting periods from 1994 to 2025. The most recent momentum reading is +8.6%, with net assets of $3.09 Billion USD as of September 2025. Read debt load of National Fuel Gas Company for a breakdown of total debt and financial obligations.
Annual Net Asset History for National Fuel Gas Company (1994–2025)
The table below shows the complete annual net asset history for National Fuel Gas Company from 1994 to 2025, covering 32 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see NFG market cap overview.
| Year | Net Assets (USD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2025 | $3.09 Billion | $8.72 Billion | $5.62 Billion | ▲ +8.6% |
| 2024 | $2.85 Billion | $8.32 Billion | $5.47 Billion | ▼ -3.9% |
| 2023 | $2.96 Billion | $8.28 Billion | $5.32 Billion | ▲ +42.5% |
| 2022 | $2.08 Billion | $7.90 Billion | $5.82 Billion | ▲ +16.4% |
| 2021 | $1.79 Billion | $7.46 Billion | $5.68 Billion | ▼ -9.4% |
| 2020 | $1.97 Billion | $7.22 Billion | $5.25 Billion | ▼ -7.8% |
| 2019 | $2.14 Billion | $6.46 Billion | $4.32 Billion | ▲ +10.4% |
| 2018 | $1.94 Billion | $6.04 Billion | $4.10 Billion | ▲ +13.7% |
| 2017 | $1.70 Billion | $6.10 Billion | $4.40 Billion | ▲ +11.6% |
| 2016 | $1.53 Billion | $5.64 Billion | $4.11 Billion | ▼ -24.6% |
| 2015 | $2.03 Billion | $6.72 Billion | $4.69 Billion | ▼ -16.0% |
| 2014 | $2.41 Billion | $6.74 Billion | $4.33 Billion | ▲ +9.8% |
| 2013 | $2.19 Billion | $6.22 Billion | $4.02 Billion | ▲ +12.0% |
| 2012 | $1.96 Billion | $5.94 Billion | $3.98 Billion | ▲ +3.6% |
| 2011 | $1.89 Billion | $5.28 Billion | $3.39 Billion | ▲ +8.4% |
| 2010 | $1.75 Billion | $5.11 Billion | $3.36 Billion | ▲ +9.9% |
| 2009 | $1.59 Billion | $4.77 Billion | $3.18 Billion | ▼ -0.9% |
| 2008 | $1.60 Billion | $4.13 Billion | $2.53 Billion | ▼ -1.6% |
| 2007 | $1.63 Billion | $3.89 Billion | $2.26 Billion | ▲ +12.9% |
| 2006 | $1.44 Billion | $3.76 Billion | $2.32 Billion | ▲ +17.4% |
| 2005 | $1.23 Billion | $3.72 Billion | $2.49 Billion | ▼ -5.2% |
| 2004 | $1.30 Billion | $3.72 Billion | $2.42 Billion | ▲ +10.8% |
| 2003 | $1.17 Billion | $3.73 Billion | $2.56 Billion | ▲ +13.0% |
| 2002 | $1.04 Billion | $3.40 Billion | $2.37 Billion | ▲ +1.0% |
| 2001 | $1.03 Billion | $3.45 Billion | $2.42 Billion | ▲ +2.9% |
| 2000 | $996.33 Million | $3.24 Billion | $2.24 Billion | ▲ +3.0% |
| 1999 | $966.90 Million | $2.84 Billion | $1.88 Billion | ▲ +5.6% |
| 1998 | $915.60 Million | $2.68 Billion | $1.77 Billion | ▲ +0.2% |
| 1997 | $913.70 Million | $2.27 Billion | $1.35 Billion | ▲ +6.7% |
| 1996 | $856.00 Million | $2.15 Billion | $1.29 Billion | ▲ +6.7% |
| 1995 | $802.10 Million | $2.04 Billion | $1.24 Billion | ▲ +2.8% |
| 1994 | $780.30 Million | $1.98 Billion | $1.20 Billion | — |