NATIONAL FUEL GAS COMPANY (NFG) Return on equity 2016–2025
NATIONAL FUEL GAS COMPANY (NFG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
16.8%FY2025 · since FY2016: -19.1% → 16.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 16.8% | — |
| FY2021 | 20.4% | +26.6 pp |
| FY2020 | -6.3% | -20.5 pp |
| FY2019 | 14.2% | -6.0 pp |
| FY2018 | 20.2% | +3.6 pp |
| FY2017 | 16.6% | +35.7 pp |
| FY2016 | -19.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice