NFG vs NWN
National Fuel GAS Co. and Northwest Natural Holding Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NFG | NWN |
|---|---|---|
| Revenue | $2.3B | $1.3B |
| Net income | $518.5M | $113.3M |
| Gross margin | 90.6% | · |
| Net margin | 22.8% | 8.8% |
| Return on equity | · | 7.9% |
| Diluted EPS | $5.68 | $2.77 |
| Dividend / share | $2.10 | $1.96 |
| Payout ratio | 36.3% | 68.2% |
| Free cash flow | $187.2M | $-197.8M |
| Equity | · | $1.5B |
| Net debt / equity | · | 1.62× |
| Current ratio | 0.44× | 0.72× |
| Revenue CAGR 5y | 8.1% | 10.8% |
| Profit CAGR 5y | · | 8.1% |
NFG bills 1.8× the revenue of NWN, and keeps more of each dollar of revenue as profit (22.8% against 8.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | NFG | NWN |
|---|---|---|
| FY2025 | $2.3B | $1.3B |
| FY2024 | $1.9B | $1.2B |
| FY2023 | $2.3B | $1.2B |
| FY2022 | $3.1B | $1.0B |
| FY2021 | $1.7B | $860.4M |
| FY2020 | $1.5B | $773.7M |
| FY2019 | $1.7B | $746.4M |
| FY2018 | $1.6B | $706.1M |
| FY2017 | $1.6B | $755.0M |
| FY2016 | $1.5B | $668.2M |
Bottom line
| Fiscal year | NFG | NWN |
|---|---|---|
| FY2025 | $518.5M | $113.3M |
| FY2024 | $77.5M | $78.9M |
| FY2023 | $476.9M | $93.9M |
| FY2022 | $566.0M | $86.3M |
| FY2021 | $363.6M | $78.7M |
| FY2020 | $-123.8M | $76.8M |
| FY2019 | $304.3M | $61.7M |
| FY2018 | $391.5M | $64.6M |
| FY2017 | $283.5M | $-55.6M |
| FY2016 | $-291.0M | $58.9M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$988,178,000 | NFG |
| FY2024 | +$791,816,000 | NFG |
| FY2023 | +$1,057,419,000 | NFG |
| FY2022 | +$2,021,518,000 | NFG |
| FY2021 | +$882,259,000 | NFG |
| FY2020 | +$772,612,000 | NFG |
| FY2019 | +$946,960,000 | NFG |
| FY2018 | +$886,525,000 | NFG |
| FY2017 | +$824,843,000 | NFG |
| FY2016 | +$784,243,000 | NFG |
NFG has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 13 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +14.0 pp | NFG |
| FY2024 | −2.9 pp | NWN |
| FY2023 | +13.3 pp | NFG |
| FY2022 | +10.2 pp | NFG |
| FY2021 | +11.7 pp | NFG |
| FY2020 | −17.9 pp | NWN |
| FY2019 | +9.3 pp | NFG |
| FY2018 | +15.0 pp | NFG |
| FY2017 | +25.3 pp | NFG |
| FY2016 | −28.8 pp | NWN |
The higher net margin has changed hands between NFG and NWN over this period.
10 of 13 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NFG's net margin has been more volatile than NWN's over the 10 comparable fiscal years — 14.3 percentage points of standard deviation against 4.9.
10 of 13 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NFG and NWN over these 10 fiscal years — NFG led in 7 and NWN in 3.
10 of 13 comparable fiscal years — a year missing data on either side is not counted.